Rising occurrences of target conditions requiring implantable ports is one of the significant factors influencing the market growth.
Market Size – USD 592.7 Million in 2018, Market Growth – CAGR of 5.3%, Market Trends – Growing inclination for using disposable implantable ports
The global implantable ports market is expected to reach USD 951.5 Million by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the increasing application of implantable ports.
Cancer has a significant impact on the society in the U.S. and across the globe. It has been estimated that 1,735,350 new cancer cases were diagnosed in the U.S., and 609,640 people suffered death from the disease. The number of new incidences of cancer is 439.2 per 100,000 men and women annually, and the number of cancer-related morbidity is 163.5 per 100,000 men and women annually. Moreover, it has been estimated that in 2017, 15,270 children and adolescents in the age range of 0-19 years were diagnosed with cancer, out of which 1,790 suffered death owing to the disease. In the year 2017, an estimated USD 147.30 billion was spent on cancer care in the U.S. The growing prevalence of cancer would lead to increasing demand for chemotherapy, thereby boosting the market demand.
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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.
Key companies operating in the market include:
B. 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.
The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.
On basis of product types and application offered by the Implantable Ports industry, the market is segmented into:
Product Type Outlook (Revenue, USD Million; 2016-2027)
- Single-Lumen Implantable Port
- Double-Lumen Implantable Port
Material Type Outlook (Revenue, USD Million; 2016-2027)
Application Outlook (Revenue, USD Million; 2016-2027)
- Blood Transfusion
- Intravenous Fluids
End-Users Outlook (Revenue, USD Million; 2016-2027)
- Ambulatory Surgical Centers
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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Implantable Ports market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.
The regional analysis covers:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Benefits of Implantable Ports Market Report:
- Panoramic overview of the opportunities and risks in the Implantable Ports sector
- Study of recent innovations and developments in the industry
- Comprehensive study of the growth pattern of the Implantable Ports industry
- In-depth assessment of the competitive landscape of the key players of the Implantable Ports industry
- Analysis of the Implantable Ports market drivers, constraints, and opportunities
- Assessment of technological developments and latest trends of the industry
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