Pleural Catheters Market

Pleural Catheters Market to Witness Huge R&D Investment in the Coming Years

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An increase in the demand for pleural catheters from surgeons, pulmonologists and physicians on the back of pleural catheters’ ability to provide effective fluid control with minimal risk. Projecting the market growth at a healthy CAGR of 6.4%, a new market study of Fact.MR provides an inclusive analysis of the pleural catheters market. This growth is further complemented by the increasing adoption of pleural catheters coupled with reduced hospitalization.

Pleural Catheters Market – Key Takeaways

Malignant pleural effusion will remain the top indication type, with three-quarters of revenue share, owing to frequent utilization of clinical management of both malignant and benign effusion.
Owing to the availability of pleural catheters and skilled personnel for better clinical management of patients, hospitals account for 2/3rd of overall market value.
Developed regional markets collectively account for more than 60%, on the back of rising elderly population and increase in accessibility to healthcare facilities.
An increase in the prevalence of COPD and the expansion of private hospitals in rural areas are boosting the demand for pleural catheters in Asia Pacific.
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Pleural Catheters Market Envisaged to Result in its impressive CAGR of 6.4% during 2019 to 2029

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Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Pleural Catheters market during the historical period of 2014 – 2018. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2019 – 2029. 

The global pleural catheters market was valued at US$ 22.6 Mn in 2018, and is expected to witness a healthy CAGR of 6.4% during the forecast period. Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Pleural Catheters market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Pleural Catheters market. 

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