Published Date: 2020-02-07 | Pages: Ongoing | Tables: Ongoing | Report ID: 8306 | Industry: Life Science |
Format :
The global continuous peripheral nerve block catheter market is predicted to exhibit healthy growth because of the surge in the demand for more effective post-operative pain management solutions. Increasing research activities focused on peripheral nerve blocks and post-operative pain management could help expand the global continuous peripheral nerve block catheter market.
Published in the Saudi Journal of Anesthesia in January 2020, a new research study from India’s VMMC and Safdarjung Hospital (Department of Anesthesiology and Intensive Care) shows an indigenous technique for continuous USG-guided perineural nerve block. The technique is said to help patients receive the benefits of continuous nerve blocks when commercial equipment are not available or their cost is excessively high.
Need to Cut down Opioid Use after Orthopedic Surgeries Expected to Augment Demand
High use of continuous peripheral nerve block catheter in patients with chronic post-operative pain after limb surgeries is expected to support the global market. Increasing awareness about severe side effects associated with the use of opioids, including addiction, could improve the preference for continuous peripheral nerve block catheter in post-operative pain management. Rising number of orthopedic procedures and osteoarthritis cases is also anticipated to strengthen the demand for continuous peripheral nerve block catheter. Growing significance of the use of continuous peripheral nerve block as a substitute for regional anesthesia techniques could create more opportunities in the global market.
Market Segments
By Insertion Technique
● Nerve Stimulation
● Ultrasound-based
By Indication
● Trauma Cases
● Upper Extremity Surgeries
● Lower Extremity Surgeries
● Pain Management
● Other Indications
With increase in the number of lower limb surgeries and in the use of continuous peripheral nerve block catheter in post-operative care, the lower extremity surgeries segment is expected to expand in the coming years. Among insertion techniques, the ultrasound-based segment could exhibit remarkable growth in the global continuous peripheral nerve block catheter market due to the frequent use of the technique in pediatric regional anesthesia procedure and its various advantages such as longer block duration and enhanced block quality.
By Region
In Europe, continuous peripheral nerve block is commonly recommended to reduce acute pain after surgery in both pediatrics and adults. With high number of day care surgeries, the developed region is predicted to create decent demand for continuous peripheral nerve block catheter. Nevertheless, North America could lead the global continuous peripheral nerve block catheter market on the back of favorable medical reimbursement scenarios and high demand for reliable treatments and post-operative care for lifestyle-related diseases. Orthopedic disorders and diabetes are common in the region.
Companies Make Lobbying Efforts for Better CPNB Reimbursement to Reduce Opioid Use
Important players competing in the global continuous peripheral nerve block catheter market are B. Braun Melsungen AG, Pajunk GmbH, Teleflex Incorporated, Epimed International Inc., and Halyard Health, Inc. With few players securing a major combined share of the global continuous peripheral nerve block catheter market, the vendor landscape is anticipated to show a consolidated nature. Some continuous peripheral nerve block device suppliers are pushing government officials for a new payment system for the device-based opioid alternative. Early in 2019, InfuSystems and Smiths Medical sought for a new, better, and separate Medicare medical code for continuous peripheral nerve block by lobbying federal officials.
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