Description: Market Overview: The implantable ports market is anticipated to experience a 5.3% growth in terms of value, reaching USD 951.5 Million by 2027 from 2019. The market's expansion is driven by the increasing utilization of implantable ports.
Intravenous (IV) medication is frequently used due to its dosage control benefits. This is crucial in emergencies such as strokes, heart attacks, or poisonings, where oral administration might cause delays. IV administration delivers medication directly into the bloodstream, ensuring rapid and controlled distribution. Certain drugs unsuitable for oral administration, as they may be broken down in the stomach or liver, can be effectively administered through IV. The growing demand for IV medication contributes significantly to market growth.
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Cancer's profound impact is evident in the U.S. and globally, with 1,735,350 new cancer cases and 609,640 deaths reported in the U.S. in a single year. The increasing prevalence of cancer is driving demand for chemotherapy, thereby fueling market growth.
Key Report Coverage:
- Regional and country-wise implantable ports statistics from 2016-2027.
- Market size estimation with historic and forecasted trend analysis.
- Analysis of various product types and their individual market shares.
- Estimation of individual application shares.
- Healthcare regulatory frameworks in each region.
- Regional upcoming outlook.
- Status of ongoing clinical trials and developments.
- Mapping of regional implantable ports prevalence.
- Pricing strategy of regional competitors.
- Demand and supply gap analysis.
- Market share analysis of top industry players.
- Strategic recommendations for new entrants.
- Market trends (drivers, constraints, opportunities, threats, challenges, investment opportunities, and recommendations).
- Strategic recommendations in key business segments based on market estimations.
- Competitive landscape mapping key common trends.
- Company profiling with detailed strategies, financials, and recent developments.
Implantable Ports Market Type Outlook: Get your discounted quote today! ASK FOR DISCOUNT
Key Trends in the Implantable Ports Market:
- Significant revenue contribution from the deployment of implantable ports in pediatric cancer treatment.
- Increasing prevalence of Diabetes and Chronic Obstructive Pulmonary Disease (COPD) driving market demand.
- Power-injectable ports used during imaging tests, facilitating high-speed injections of contrast.
- Lightweight ports, accessibility to high-quality imaging, and availability of CT markers stimulating product demand.
- Implantable port devices reducing infection risk by minimizing needle or catheter insertions.
- PORT-A-CATH® Implantable Venous Access Systems designed for repeated access to the venous system.
Companies Profiled: Braun Melsungen AG, Teleflex Inc., ISOMed, AngioDynamics Inc., C. R. Bard, Smiths Medical, Perouse Medical Inc., Navilyst Medical, Cook Group Inc., and PakuMed Medical Products GmbH, among others.
Market-O-Nomics:
- Implantable ports market valuation was USD 592.7 Million in 2018, expected to reach USD 951.5 Million by 2027.
- Single-lumen implantable ports dominated the market share in 2018.
- Silicon material type anticipated to grow significantly in the forecast period.
- Hospitals dominated the market in 2018, expected to witness a 5.1% growth rate in 2019-2027.
- Asia Pacific projected to witness the fastest CAGR of 6.6% due to improving healthcare infrastructure and rising investments.
- Europe estimated to observe a growth rate of 5.0% in the forecast period.
- Availability of substitutes may hinder market growth in the upcoming years.
Segments Covered in the Report:
- Product Type Outlook (Revenue, USD Million; 2016-2027)
- Material Type Outlook (Revenue, USD Million; 2016-2027)
- Application Outlook (Revenue, USD Million; 2016-2027)
- End-Users Outlook (Revenue, USD Million; 2016-2027)
- Regional Outlook (Revenue, USD Million; 2016-2027)
- North America (U.S)
- Europe (U.K, France)
- Asia Pacific (China, India, Japan)
- Latin America (Brazil)
- MEA
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