Global Continuous Peripheral Nerve Block Catheter Market is expected to reach US$ 1,058.6 million by 2033 | FMI Estimation

The global continuous peripheral nerve block catheter market is estimated to be worth US$ 585.6 million in 2023 and projected to be valued at US$ 1,058.6 million in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 6.1%.

The increasing administration of analgesia and post-joint replacement procedures such as hip and knee replacement for pain management.  Are expected to fuel revenue growth of the continuous peripheral nerve block catheter market globally over the forecast period.

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The continuous peripheral nerve block catheter market is driven by factors such as the need for effective postoperative pain management, a high prevalence of orthopedic and trauma surgeries, and a focus on reducing opioid use. The increasing demand for effective pain management and the desire to reduce opioid dependency is expected to drive the demand for continuous peripheral nerve block catheters.

The growth of ambulatory surgery centers (ASCs) has created a favorable environment for continuous peripheral nerve block catheters. Continuous peripheral nerve block catheters are finding applications beyond orthopedic surgeries, including in thoracic surgery, abdominal surgery, and chronic pain management. The expanding scope of use is driving market growth.

Regulatory agencies are increasingly recognizing the value of nerve block catheters in pain management and postoperative care, which can boost adoption.

Ongoing research and development activities are leading to the introduction of new catheter designs, pain management protocols, and local anesthetic agents, further driving market growth. The integration of telemedicine and remote monitoring technologies can enhance the management of patients with nerve block catheters, making these devices more accessible and convenient.

Key Takeaways:

  • From 2018 to 2022, the packaging machinery market demand expanded at a CAGR of 5.6%
  • Based on product type, the non-stimulating catheter segment is expected to account for a CAGR of 6.0% during the forecast period.
  • Global continuous peripheral nerve block catheter demand in Germany is expected to expand at a CAGR of 5.7% during the forecast period.
  • In the United States, the market is expected to reach US$ 6 million between 2023 and 2033.
  • A growth rate of 5.9% is expected for the hospital segment over the forecast period.
  • China is projected to expand by 5.5% between 2023 and 2033.
  • By 2033, the market in India is anticipated to expand at a CAGR of 5.4% during the forecast period.

Growing surgery volume coupled with the soaring need for effective postoperative care is anticipated to support the growth of the market during the forecast period.” says an FMI analyst.

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Competitive Landscape:

The market players invest in research and development, sustainability initiatives, and digitalization to stay competitive and provide innovative packaging solutions to a wide range of industries

Some of the recent developments from the market are as follows-

  • In February 2022 InfuSystem, a national healthcare service provider, announced an agreement with Solo-Dex, for the development of continuous peripheral nerve block catheters. InfuSystem together with Solo-Dex is moving development towards the acute pain management market.
  • Stryker is a leading medical technology company with a presence in the continuous peripheral nerve block catheter market. The company has worked on developing integrated pain management solutions that include catheters and infusion pumps for precise anesthetic delivery. Stryker has expanded its product portfolio to provide a comprehensive range of pain management solutions.

Key Companies Profiled:

  • B. Braun Melsungen AG
  • Teleflex Incorporated
  • Halyard Health Inc.
  • Ambu A/S
  • Epimed International
  • MEDLINE
  • LAERDAL
  • Pajunk GmbH
  • TELEFLEX MEDICAL

Market Segmentation:

By Product Type:

  • Stimulating Catheter
    • Open Tip Catheter Stimulating Catheter
    • Closed Tip Catheter Stimulating Catheter
  • Non-Stimulating Catheter
    • Open Tip Catheter Non-Stimulating Catheter
    • Closed Tip Catheter Non-Stimulating Catheter
  • Over-The-Needle Catheter

By Insertion Technique:

  • Nerve Stimulation Based Insertion
  • Ultrasound Based Insertion

By Indication:

  • Trauma Cases
  • Upper Extremity Surgeries
  • Lower extremity Surgeries
  • Pain Management
  • Other Indications

By End User:

  • Hospitals
  • Ambulatory Surgical Centers

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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