Global Implantable Ports Market 2017-2021

Implantable ports market forecasts

Technavio’s market research analyst predicts the global implantable ports market to grow steadily at a CAGR of above 3% by 2021. One of the primary implantable ports market drivers is the growing technological advancements in the implantable ports. Vendors are increasingly focusing on developing new implantable ports with advanced features for better delivery of medications or fluids into the body. Also, the vendors are extensively focusing on reducing the safety issues. For instance, AngioDynamics offers Xcela Plus Ports that features PASV Valve Technology, the first proximally valved CT-rated port. This provides clinicians Saline-Only Maintenance, which help to reduce complications associated with heparin use. 

Implantable ports market growth as per regions

Based on the implantable ports market analysis, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The growth of implantable ports market in the region is driven by increasing chemotherapy coupled with chronic disorders.  The US is the largest revenue contributor to the market in the Americas, primarily because of its growing older adult population. The older adults are more susceptible to diseases, sickness, and syndromes, due to less regenerative abilities compared with adults. Also, the number of cancer patients undergoing chemotherapy in the US has increased substantially. This, in turn, is expected to propel growth in the implantable port's market in the region during the next four years.

Implantable ports market: Competitive landscape and key vendors

The global implantable ports market is dominated majorly by tier I players, and these companies have strong positions compared with tier II/III vendors. Technological advances and new product launches will increase the competition among existing vendors. Manufacturers develop and introduce innovative products such as power injectables, safety and disposables, and titanium-based implantable ports to provide and increase patient satisfaction. Vendors mainly compete on factors like pricing, fewer needle injuries, safety features, convenient use, technology up gradation, marketing strategies, and distribution channels.

Leading vendors in the implantable ports market

• AngioDynamics
• B. Braun Melsungen
• C.R. Bard
• Smiths Medical
• Teleflex

Implantable ports market segmentation by product type

• Single-lumen implantable ports
• Double-lumen implantable ports

During 2016, the single-lumen implantable ports dominated the implantable ports market and accounted for a major part of the overall market share. Factors such as the growing technological advances, low-cost, and the availability of titanium-based material implantable ports, are the major drivers responsible for the growth of this segment in the global market.

Implantable ports market segmentation by end-user

• Hospitals
• ASCs
• Clinics

In this market study, analysts have estimated the hospitals segment to dominate the implantable ports market during the forecast period. The capability of hospitals to procure medical products and consumables in bulk and engage closely with many suppliers, reimbursement authorities, and government organizations is the key factor responsible for the dominance of this segment in the implantable port market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global implantable ports market?
• What are the key market trends impacting the growth of the global implantable ports market?
• What are the challenges to market growth?
• Who are the key vendors in the global implantable ports market?
• What are the market opportunities and threats faced by the vendors in the global implantable ports market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global implantable ports market? 

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