Continuous Peripheral Nerve Block Catheter Market

Continuous Peripheral Nerve Block Catheter Market Outlook from 2023 to 2033

The Continuous Peripheral Nerve Block Catheter Market is slated to be valued at USD 585.6 million in 2023. The continuous peripheral nerve block catheter market is expected to reach USD 1,058.6 million by 2033. Continuous peripheral nerve block catheter market revenue will continue to expand at a CAGR of 6.1%.

Attributes	Key Insights
Continuous Peripheral Nerve Block Catheter Market Estimated Size in 2023	USD 585.6 million
Projected Market Value in 2033	USD 1,058.6 million
Value-based CAGR from 2023 to 2033	6.1%

Continuous Peripheral Nerve Block Catheter Market Trend Analysis

• The growing aging population and increased patient awareness to drive the growth of the continuous peripheral nerve block catheter market during the forecast period.
• Growing volumes of surgery coupled with the increasing demand for effective pain management in postoperative care drive the market demand.
• The increasing prevalence of chronic diseases, such as osteoarthritis, is leading to a rise in upper/lower extremity joint replacement procedures.

2018 to 2022 Historical Analysis vs. 2023 to 2033 Market Forecast Projections

A 5.6% CAGR was experienced between 2018 and 2022 in the continuous peripheral nerve block catheter market. Global demand for continuous peripheral nerve block catheters is predicted to increase at a CAGR of 6.1% from 2023 to 2033.

The continuous peripheral nerve block catheters are an effective alternative to regional anesthesia procedures used in major orthopedic surgeries. Cost-effectiveness offered by continuous peripheral nerve block catheter and reduced hospital stay is further fueling revenue growth of the continuous peripheral nerve block catheter market.

Macroeconomic factors such as high unmet patient needs, government reimbursement plans, and strengthening of distribution network by key players in the continuous peripheral nerve block catheter market are other factors that are going to drive the market in the future.

Historical CAGR from 2018 to 2022	5.6%
Forecast CAGR from 2023 to 2033	6.1%

Continuous Peripheral Nerve Block Catheter Market Drivers

• The increasing prevalence of chronic diseases, such as osteoarthritis, is leading to a rise in upper/lower extremity joint replacement procedures.
• An increase in surgical procedures, particularly orthopedic surgeries, joint replacements, and trauma surgeries, has led to a greater demand for continuous peripheral nerve block catheters
• Continuous peripheral nerve block catheters help manage postoperative pain effectively and improve patient outcomes.
• Enhanced focus on pain management and patient comfort is driving the adoption of continuous peripheral nerve block catheters.
• Increasing technological advancements in catheter design and materials have improved the safety, ease of insertion, and effectiveness of continuous peripheral nerve block catheters.
• The growing aging population and increase in chronic pain conditions and the need for surgeries, drive the market demand
• Increasing patient awareness about pain management options and requesting alternatives to traditional pain relief methods.

Continuous Peripheral Nerve Block Catheter Market Restraints

• Lack of awareness among healthcare providers and patients about the benefits and appropriate use of continuous peripheral nerve block catheters
• Continuous peripheral nerve block catheters are expensive to install & and maintain
• Lack of technical expertise, as Proper placement and management of continuous peripheral nerve block catheters require specialized training and expertise. The availability of skilled practitioners can be a limitation in some areas.
• Several complications associated with catheter placement, catheter infection, and nerve injury, have slowed down the market expansion,
• The risk associated with catheter-related infections leads to complications and additional healthcare costs, which may impede market growth
• The presence of established alternatives can limit the adoption of continuous peripheral nerve block catheters.

Country-wise Insights

The below table showcases revenues in terms of the top 5 leading countries, spearheaded by the United States and the United Kingdom. Through 2033, these two countries will dominate the market, with a size of USD 245.6 million and USD 235.4 million respectively.

Expected Market Values in 2033:

Germany	USD 228.5 million
India	USD 156.7 million
United States	USD 245.6 million
China	USD 218.4 million
United Kingdom	USD 235.4 million

Forecast CAGRs from 2023 to 2033:

Germany	5.7%
India	5.4%
United States	5.9%
China	5.5%
United Kingdom	5.8%

Rise of Home Healthcare Services Boosts Product Demand in the United States

The continuous peripheral nerve block catheter market in the United States will thrive at a CAGR of 5.9% through 2033. The United States has a sophisticated healthcare system that provides excellent medical treatment.

The most recent medical technologies, such as continuous peripheral nerve block catheters, are available in contemporary hospitals and healthcare institutions to satisfy patient needs. Home healthcare services are gaining traction in the United States as a way to relieve hospital overcrowding and deliver more patient-centered care.

The United States is the largest market for continuous peripheral nerve block catheters. The growth of the market in the region is attributed to the high number of surgical procedures and a growing demand for advanced pain management solutions.

Rising Advances in Healthcare Technology Boosts Product Demand in Germany

According to projections, the continuous peripheral nerve block catheters market in Germany will expand by 5.7% CAGR from 2023 to 2033. At the end of the forecast period, the market is expected to be worth USD 228.5 million.

Germany is one of the leading markets for continuous peripheral nerve block catheters in Europe. The country is known for its strong healthcare infrastructure and advanced medical technologies.

Continuous innovation and product development by German manufacturers contribute to market growth. The market for these catheters has been influenced by evolving healthcare policies and the emphasis on improving patient outcomes.

Surging Healthcare Expenditure favors Market Growth in the United Kingdom

From 2023 to 2033, the continuous peripheral nerve block catheters market in the United Kingdom is anticipated to rise at a 5.8% CAGR. By the end of the said forecast period, a valuation of USD 235.4 million is expected.

The continuous peripheral nerve block catheter market benefits from the increasing number of surgeries performed in the region, including orthopedic procedures, joint replacements, trauma surgeries, and more.

The emphasis on effective pain management and the desire to reduce opioid dependency has driven healthcare providers to explore alternative methods like continuous peripheral nerve block catheters.

Shift Towards Value-based Care Will Play a Vital Role in Market Expansion in China

China’s continuous peripheral nerve block catheter market will rise at a 5.5% CAGR through 2033. By the end of this forecast period, China's chromium picolinate market is likely to total USD 218.4 million.

China is rapidly urbanizing, and the proportion of urban residents is rising. With the growth of contemporary healthcare infrastructure and facilities, there is an increased need for cutting-edge medical tools like continuous peripheral nerve block catheters. The market is characterized by a growing number of healthcare facilities and the adoption of innovative medical devices.

An Increasing Number of Surgeries Uptick Demand in India

The continuous peripheral nerve block catheter market in India is expected to reach a value of USD 156.7 million. The market in India is poised to expand at a CAGR of 5.4% through 2033.

The continuous peripheral nerve block catheter market in India is experiencing rapid growth owing to the increasing number of surgeries, including orthopedic and trauma procedures. There is a growing awareness of the benefits of continuous peripheral nerve block catheters among healthcare providers, boosting the market demand in the region.

Category-wise Insights

According to market forecasts, the non-stimulating catheter is predicted to dominate until 2033, growing at a CAGR of 6.0%. The hospitals are expected to expand at a CAGR of 5.9% during the forecast period.

Category	CAGR from 2023 to 2033
Non-stimulating catheters	6.0%
Hospitals	5.9%

Non-stimulating catheters to witness increased adoption across the globe in the coming years

Based on product type, the continuous peripheral nerve block catheter market is segmented into stimulating catheter systems, non-stimulating catheter systems, and over-the-needle catheter systems.

In terms of value, the non-stimulating catheter system segment is expected to account for the maximum share of the global continuous peripheral nerve block catheter market over the forecast period. The nonstimulating catheter is expected to remain dominant through 2033. The market is expected to expand at 6.0% between 2023 and 2033.

Hospitals are the Dominant End-users in the CPNB catheter Industry

By end-user, the hospital segment is expected to dominate all other applications in the near future. A growth rate of 5.9% is projected from 2023 to 2033.

Hospitals offer a variety of medical specializations, such as intensive care units (ICUs), surgery, pain management, and other indications. Continuous peripheral nerve block catheters are used in many medical departments and specializations; hospitals serve as the primary destination for continuous peripheral nerve block catheter demand. The infrastructure, supplies, and personnel needed to operate and maintain continuous peripheral nerve block catheters efficiently are often available in hospitals.

Market Competition

The presence of a significant number of prominent players in various regions contributes to the market growth hugely. Ongoing Research and Development (R&D) operations to develop improved technologies, as well as new product innovation provide more potential for the continuous peripheral nerve block catheter market share.

Key developments in the market include advancements in nerve localization technologies, and the launch of the Solo-Dex catheter, which reduces the procedural times to between two to three minutes. The market is subject to changes in relevance to government reimbursement plans, product adoption rates, and disease epidemiology dynamics.

• In January 2022- B. Braun expanded its footprint in Vietnam with the ground-breaking of new factory. It will also enable B. Braun Vietnam to continuously serve the markets and help to protect and improve the health of thousands of patients every day in Vietnam and around the world.
• In August 2023, Epimed introduced a new line of Epimed Essentials including Epidural Needles and Nerve Block Needles. These Essentials are designed to provide the perfect balance of reliability and affordability, ensuring that your medical practice has access to high-quality tools at a cost-effective price.

Report Scope

Attributes	Details
Estimated Market Size in 2023	USD 585.6 million
Projected Market Valuation in 2033	USD 1,058.6 million
Value-based CAGR 2023 to 2033	6.1%
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Value in USD million
Key Regions Covered	North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa
Key Market Segments Covered	Product Type, Insertion Technique, Indication, End User, Region
Key Countries Profiled	The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel
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

Frequently Asked Questions

What was the market value for the continuous peripheral nerve block catheter market in 2023?

As of 2023, the market for continuous peripheral nerve block catheters is expected to be valued at USD 585.6 million, as per FMI

According to FMI, what is the anticipated market value for continuous peripheral nerve block catheters in 2033?

By 2033, the market value of continuous peripheral nerve block catheters is expected to reach USD 1058.6 million

What is the projected forecast CAGR for the continuous peripheral nerve block catheter market from 2023 to 2033?

From 2023 to 2033, continuous peripheral nerve block catheter sales are expected to flourish at a CAGR of 6.1%

Which end-user category ranks first in the market?

The hospital segment is expected to account for a CAGR of 5.9% during the forecast period.

Which Country is likely to be at the Pinnacle of the Market?

The United States is likely to be the top-performing market, accounting for USD 245.6 million in 2033.