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A nerve block is the injection oflocal anesthetic near specific nerves that is administered for pain managementduring and after surgery. It can be used for surgery on the shoulder, elbow,forearm, wrist, hand, fingers, knee, leg, ankle, or foot.
Statistics:
North America region helddominant position in the global ContinuousPeripheral Nerve Block Market in 2019, accounting for 42.9% share in termsof value, followed by Europe.
Global Continuous PeripheralNerve Block Catheter Market: Drivers
Increasing number of total kneereplacement surgeries is also expected to aid in growth of the globalcontinuous peripheral nerve block catheter market over the forecast period. Forinstance, according to American Academy of Orthopedic Surgeons, by 2030,primary total joint replacement is projected to increase by 171% and primarytotal knee replacement is projected to increase by up to 189%, for a projected635,000 and 1.28 million procedures, respectively, in the U.S.
Global Continuous PeripheralNerve Block Catheter Market: Opportunities
Increasing prevalence ofosteoarthritis (OA) resulting in demand for joint replacement procedures isalso expected to boost growth of the market. For instance, According to the study ‘Osteoarthritis inEurope: Impact on health status, work productivity and use of pharmacotherapiesin five European countries’ that examined the impact of peripheral jointosteoarthritis across five European countries, UK (43.6%), France, (25.6%),Germany, (15.2%), Spain, (8.4%), and Italy (7.1%) recorded high prevalence ofperipheral joint osteoarthritis, with majority of cases aging 55-74 years.
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Global Continuous PeripheralNerve Block Catheter Market: Restraints
Lower accuracy and precession ofCPNBC for nerve stimulation-based insertion is expected to hinder growth of themarket. In CPNBC, vascular puncture is common and may result in significantbleeding, localized inflammation, local infection, and abscess formation.
Key Takeaways:
The Non-stimulating Cathetersegment in the global continuous peripheral nerve block catheter market wasvalued at US$ 260.2 Mn in 2019 and is expected to reach US$ 430.1 by 2027 at aCAGR of 6.5% during the forecast period. The growth of the segment isattributed to increasing number of knee replacement surgeries in developing anddeveloped economies during the forecasted period.
The Nerve Stimulation segmentheld dominant position in the global continuous peripheral nerve block cathetermarket in 2019, accounting for 62.0% share in terms of value, during theforecasted period. Increasing prevalence of osteoarthritis (OA) is anticipatedto propel the growth of the segment during the forecasted period.
Market Trends
CPNBC are widely used withdisposable infusion pumps for post-operative pain management at home. Thesepumps are available in different sizes and contain analgesic drug that infusesthrough the catheter.
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Peripheral nerve block catheteris recommended after orthopedic surgeries such as arthroplasty procedures ofhip, knee and shoulder joint. CPNBC are also used along with CPM (ContinuousPassive Motion) after a major orthopedic surgery to regain range of motion.
Global Continuous PeripheralNerve Block Catheter Market: Competitive Landscape
Major players operating in theglobal continuous peripheral nerve block catheter market include, B. BraunMelsungen AG, Halyard Health, Inc., Ambu A/S, Epimed International Inc.,Teleflex Incorporated, and Pajunk GmbH
Global Continuous PeripheralNerve Block Catheter Market: Key Developments
Major players in the market arealso focused on adopting M&A strategies to expand their product portfolio.For instance, in October 2018, Teleflex Incorporated acquired EssentialMedical, a privately-held medical device company.
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