The global Catheter Related Blood Stream Infection Market Growth Accelerated by Rising Incidence of Hospital-Acquired Infections

Catheters, which are tubes inserted into the body and left in place for varying time periods, are used commonly in hospitals to administer medications, fluids, nutrients or to drain fluids from the body. While catheters provide tremendous benefits, their use also increases the risk of hospital-acquired infections also known as nosocomial infections. Catheter related blood stream infections occur when bacteria or other microbes enter the bloodstream through the catheter. With rising rates of catheter usage along with increasing instances of hospital stays, the incidence of catheter related blood stream infections has been rising steadily.

The global Catheter Related Blood Stream Infection Market is estimated to be valued at US$ 1627.61 Mn in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

 With rising healthcare expenditure and greater accessibility to healthcare services, surgical volumes have increased manifold across both developed and developing nations. According to estimates by the Organization for Economic Cooperation and Development (OECD), the total number of surgical procedures across OECD countries rose from an annual rate of 234 million in 2000 to 277 million in 2020. Greater numbers of surgeries translate directly to higher usage of catheters and tubings, thereby propelling the risk of associated blood stream infections. Development of novel prevention and treatment solutions continues to remain an area of active focus for players in this market.

Segment Analysis

The Global Catheter Related Blood Stream Infection Market Size is segmented on the basis of product type, infection type, end use and geography. Based on product type, the market is segmented into disinfectants, antiseptic mouthwash, chlorhexidine gluconate solution and others. Disinfectants hold the largest share in the market due to increasing adoption of disinfectants for surface cleaning and equipment disinfection to prevent the spread of hospital acquired infections. By infection type, the market is categorized into urinary tract infections, bloodstream infections and others. Urinary tract infections dominate the segment owing to higher risk of urinary tract infections from improper insertion and maintenance of urinary catheters. On the basis of end use, the market is classified into hospitals, ambulatory surgical centers and clinics. Hospitals account for the largest share as majority of catheter related procedures are performed in hospitals.

Key Takeaways

The global catheter related blood stream infection market is expected to witness high growth during the forecast period of 2023 to 2030.The market is projected to reach a value of US$ 1627.61 Mn by 2030 from US$ 562.23 Mn in 2023, expanding at a CAGR of 16%.

Regional analysis

North America holds the dominant share in the global catheter related blood stream infection market and is expected to continue its dominance during the forecast period. This is attributed to the growing geriatric population, increasing healthcare expenditure and rising number of surgical procedures in the region. The market in Asia Pacific is forecast to witness the fastest growth owing to growing medical tourism, improving healthcare infrastructure and rising awareness about prevention of hospital acquired infections.

Key players

Key players operating in the catheter related blood stream infection market are Air2Water LLC, Ray Agua, Akyo Atmospheric Water Systems Pvt Ltd, Eshara Water, Canadian Dew Technologies Inc, Shenzhen FND Air & Water Technology Development, and Atmospheric Water Solutions, InC.. Among these, Air2Water LLC holds the largest market share as it offers a wide range of water disinfection products and automated UV disinfection systems for healthcare facilities. Ray Agua is another notable player focusing on developing water purification technologies to address issues of water scarcity and waterborne diseases.

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