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Global Intrauterine Pressure Catheters Market to Grow at a Healthy Pace During 2020-2025, Aided by the Rising Awareness of the Pregnancy-Related Risks

According to a new report by EMR titled, ‘Global Intrauterine Pressure Catheters Market Report and Forecast 2020-2025’, the global market for intrauterine pressure catheters is aided by the rising foetal monitoring market, which is expected to grow at a CAGR of 6% between 2020 and 2025 to reach a value of USD 3.8 billion by 2025.

The increase in the spread of pregnancy-related risks awareness and the risks associated with childbirth among women in developing countries have led to a reduction in the number of C-sections and a higher preference for quality healthcare over home births. This has driven the demand for intrauterine pressure converters and is expected to contribute to the steady growth of the market for intrauterine pressure catheters during the forecast period of 2020-2025. Intrauterine pressure catheters are also found in ambulatory surgery centres (ASCs) that are a modern healthcare facility. They are typically outfitted with advanced medical technologies in order to handle severe emergencies. While they are most prominent in the US and Europe, the Asia Pacific region is a fast-growing sector for ASCs. According to 2019 data, 21% of specialties performed in ASCs are obstetrics or gynaecology-related. Thus, there is a strong correlation between the growth of ASCs and the growing demand for intrauterine pressure catheters.

Koninklijke Philips N.V. (OTCMKTS: RYLPF) invested an amount of USD 292 million in image-guided therapy using smart catheters in 2018. While this was majorly aimed at cardiovascular applications, it included implementations in gynaecology as well and is expected to make intrauterine pressure catheters more effective and, thus, increase their demand among high-quality healthcare providers. Recent research in ASCs has forecast that in the near future, about 60% of out-patient surgeries will be conducted in ASCs. They have half the post-surgery infection rate and can be up to 60% less expensive than hospitals. This is expected to drive the growth of the intrauterine pressure catheters industry due to their inclusion in multi-specialty and Medicare-certified ASCs.

Market Analysis by Product, Application, and Region:

  • The market on the basis of product can be divided into catheters (fluid-filled and transducer tip), monitoring equipment, disposables, and others.
  • Based on application, the industry can be divided into hospitals, ambulatory surgery centres, and specialty clinics, among others.
  • The regional markets for intrauterine pressure catheters include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The growing health consciousness, especially among women, is responsible for driving the growth of the global intrauterine pressure catheter industry.
  • The increase in the number of hospitals and specialty clinics is forecast to increase the demand for the product.
  • The recent government policies in developing countries aimed at lowering maternal mortality rates are expected to support the intrauterine pressure catheters industry growth.
  • Increasing access to quality healthcare services in developing countries is expected to aid the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for intrauterine pressure catheters for the periods (2015-2019) and (2020-2025).
  • The report also offers the historical (2015-2019) and forecast (2020-2025) market information for the products, applications, and major regions of intrauterine pressure catheters.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global intrauterine pressure catheters market are Koninklijke Philips N.V., Central Infusion Alliance, Inc., Clinical Innovations, LLC., Cardinal Health, Inc., and Utah Medical Products, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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