Continuous peripheral nerve block catheter market is mainly driven by the increasing number of trauma cases, thereby leading to increase in adoption of continuous peripheral nerve block technique for pain management.
Albany, NY -- (SBWIRE) -- 03/15/2017 -- This Future Market Insights report examines the 'Continuous Peripheral Nerve Block Catheter Market' for the period 2016–2026. The primary objective of the report is to offer updates and in-depth analysis of market opportunities in the global continuous peripheral nerve block catheter market.
Continuous peripheral nerve block is executed by percutaneous insertion of catheter, adjacent to peripheral nerve to administer target specific analgesia for various surgeries. Popularity of continuous peripheral nerve blockade has grown over recent years due to benefits on osffer such as reduced hospital stay and cost effectiveness. Continuous peripheral nerve block catheter provides prolonged nerve blockade by blocking nerve for over 24 hours. Catheter insertion can be accomplished using possible modalities including nerve stimulation and ultrasound guided technique. Equipment available in the market for this technique has improved considerable over the past year with increased safety and efficacy features.
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Continuous peripheral nerve block catheter market is mainly driven by the increasing number of trauma cases, thereby leading to increase in adoption of continuous peripheral nerve block technique for pain management. Continuous peripheral nerve block catheter is increasingly used for administration of analgesia post upper/lower extremity surgeries which is a cost effective method for pain management as compared to opioids. The continuous peripheral nerve block catheter market is expected to grow significantly in terms of revenue over the forecast period owing to increasing availability of technologically advanced treatment options across the globe, especially in developed countries. In this report, the continuous peripheral nerve block catheter market is segmented on the basis of product type, insertion technique, indication, end user and region.
To arrive at the market size, the report considers average price of continuous peripheral nerve block catheter (stimulating catheter systems, non-stimulating catheter systems and over-the needle catheter systems) across geographies. The forecast presented here assesses total revenue of the global continuous peripheral nerve block catheter market. When developing the forecast of the market, the starting point involves sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics, we triangulated the outcome on the basis of analysis based on supply and demand sides. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.
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The report also takes into consideration Year-on-Year (Y-o-Y) growth rates, to understand the predictability of the market and identify the right opportunities in the continuous peripheral nerve block catheter market.
As previously highlighted, the market for continuous peripheral nerve block catheter is split into various categories on the basis of region, product type, insertion technique, indication and end user. All these segments have been analysed in terms of Basis Point Share (BPS) to understand individual segment's relative contribution to the market growth. This detailed level of information is important for identification of various key trends in the continuous peripheral nerve block catheter market.
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Another key feature of this report is the analysis of continuous peripheral nerve block catheter market, by region, product type, insertion technique, indication and end user, and its revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical for assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global continuous peripheral nerve block catheter market.
Furthermore, Future Market Insights developed the continuous peripheral nerve block catheter market's 'Attractiveness Index', which has been represented by for all five categories: product type, insertion technique, indication, end user and regions. The resulting index is expected to help providers identify real market opportunities.
In the final section of the report, the continuous peripheral nerve block catheter market landscape is included to provide report audiences with a dashboard view on the basis of categories of providers across the market, their presence in continuous peripheral nerve block catheter market and key differentiators. Key market participants included in the report include B. Braun Melsungen AG, Teleflex Incorporated, Halyard Health, Inc., Ambu A/S, Epimed International Inc. and Pajunk GmbH.
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