What Are Speedy Catheters?

Market size for central venous catheters and PICC lines

• How large (in units and or $) is the market for central venous catheters? How large is the market for PICC lines?

• Answer:

  Hello Scottcompany, Thank you for your question. =================================== Market for central venous catheters: “A recent study estimated that 150 million catheters are purchased each year. Of these, 145 million are peripheral catheters and 5 million are central venous catheters.” http://www.infectiousdiseasenews.com/200203/frameset.asp?article=guidelines.asp INTEGRATING EXPERIENCE by George Abraham, MD, FACP May 4, 2002 “In the US, about 5 million central venous catheters inserted annually” Johns Hopkins Bloomberg School of Public Health http://www.jhsph.edu/Academics/MPH_Old/bloodstream_infections.ppt “In the United States, more than 150 million intravascular devices are used every year; while the majority of these are meant to gain peripheral intravenous access, it is estimated that more than 5 million central venous catheters are inserted each year.” Johns Hopkins Bloomberg School of Public Health http://www.jhsph.edu/Academics/MPH_Old/imphsamplepaper.pdf =================================== Market for PICC lines: According to IHS Health Group, the PICC Market Forecast for: 2000 - 1,268,000 units - ($41.2 million) 2001 - 1,340,000 units - ($43.9 million) 2002 - 1,430,000 units - ($47.2 million) Source: Association for the Advancement of Medical Instrumentation Website http://www.aami.org/Applications/CommitteeCentral-app/Documents/tc84n373.pdf Yahoo Finance information about C. R. Bard, Inc: Peripherally inserted central catheters continue to be the fastest growing products in the specialty access category, growing approximately 36% on a constant currency basis and 37% on a reported basis for the three months ended March 31, 2003 as compared to the three months ended March 31, 2002. Source: Yahoo Finance http://biz.yahoo.com/e/l/b/bcr.html ============================================= Additional information that may interest you: ============================================= Catheter Industry To Grow At 10.4% Annually From 1996-2003 “American medical device manufacturers dominate the catheter industry, producing 70 to 80 percent of the catheters used around the world. In 1997, worldwide sales of catheter products totaled approximately $7.3 billion, and are growing at a healthy pace of 10.4% annually. The fastest growing segment of the catheter industry, the coronary catheter market, is expected to reach $4 billion by 2003, growing at 11.2% annually.” ------------------------------------------------------------------- Market Forecasts to the Year 2003 by Product Type ($ Million) ------------------------------------------------------------------- Categories of Catheters Coronary 1996 2,261 1997 2,495 1998 2,758 2003 4,711 AAGR % 1998-2003 11.2 Renal 1996 3,708 1997 4,053 1998 4,444 2003 7,120 AAGR % 1998-2003 9.9 Infusion 1996 693 1997 763 1998 841 2003 1,370 AAGR % 1998-2003 10.2 Totals 1996 6,662 1997 7,311 1998 8,043 2003 13,201 AAGR % 1998-2003 10.4 ------------------------------------------------------------------- Sources: BUSINESS COMMUNICATIONS COMPANY, INC http://www.bccresearch.com/editors/RB-129.html Medi-Source Asia http://www.medisourceasia.com/glbl_trends/11.htm =================================== CENTRAL VENOUS ACCESS CATHETERS “More than 3.4 million CVACs are placed each year, and doctors increasingly recommend their use. There are several types of CVACs, including tunneled catheters (you may hear them called Hickman or Broviac catheters), peripherally inserted central catheters (sometimes called PICC lines or long lines), dialysis catheters and implantable ports. Your doctor can explain which one is best for you.” http://www.hopkinsvascular.com/faq/cva_catheters.cfm http://www.rctradiology.com/centralvenous.html =================================== Search Criteria: "Central venous catheters" billion "Peripherally Inserted Central Catheters" million OR billion Picc lines market "picc catheter" billion “picc lines “ million "Peripherally Inserted Central Catheters" million OR billion I hope this helps. If anything is unclear please request clarification and I'll be glad to offer further assistance before you rate my answer and close the question. Best Regards, Bobbie7-ga