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Peripheral Intravenous (IV) Catheter Market Research Report is delivered with devotion depending upon the business needs. With the precise base year and the historic year, estimations and calculations are performed in this industry report. Market share analysis and key trend analysis are the key accomplishing factors in this market report. Report helps to recognize how the market is going to perform in the forecast years by giving information about market definition, classifications, applications, and engagements.
Trends in the Healthcare, Semiconductor, Chemical, ICT and Automotive Sector
Over the last three decades, the diseases such as the cardiovascular, urological, and neurological disorders have surpassed cancer as the leading cause of death and morbidity worldwide. According to Department of Health figures from 2015, more than 40 percent of New York adults have a chronic ailment, and chronic diseases account for 23 percent of all hospitalizations in the state. Consequently, the market is expected to be driven by an increase in the use of peripheral intravenous catheters in the treatment of chronic disorders that lead to hospitalization within the forecasted period.
Global peripheral intravenous (IV) catheter market was valued at USD 1.67 billion in 2021 and is expected to reach USD 2.63 billion by 2029, registering a CAGR of 5.5% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Growing Requirement across Healthcare
The increase in prevalence of chronic diseases and rise in population aging are the most significant factors driving the growth for this market. The rise in number of hospitalizations is also expected to accelerate the market's overall growth.
Furthermore, the rise in focus on curtailing needle-stick injuries and high healthcare expenditure are also expected to fuel market growth. Moreover, the high adoption of safety ported short peripheral intravenous catheters also cushions the market’s growth within the forecasted period. The high adoption of these products in emerging economies is also projected to bolster the market's growth.
Opportunities
Growing Technological Advancements
Moreover, the advancement in surgical and treatment technologies are estimated to generate lucrative opportunities for the market. Rise in awareness on advanced methods of treatment will further offer numerous growth opportunities for the market.
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Table of Content – Major Key Points
- Overview
- Executive summary
- Peripheral Intravenous (IV) Catheter Market - Startup Companies Scenario
- Peripheral Intravenous (IV) Catheter - Industry Market Entry Scenario
- Peripheral Intravenous (IV) Catheter Market Forces
- Strategic analysis
- Global Peripheral Intravenous (IV) Catheter Market - By Segmentation (Market Size -$Million / $Billion)
- Peripheral Intravenous (IV) Catheter Market - Industry / Segment Competition landscape
- Peripheral Intravenous (IV) Catheter Market - Key Company List by Country
- Company Analysis
- Appendix
- Methodology
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The report answers questions such as:
- What are the market size, market share and forecast of the Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Peripheral Intravenous (IV) Catheter Market trends during the forecast period?
- Which are the products/segmentation/applications/key areas to invest in over the forecast period (2022-2029) in the Market?
- What is the competitive landscape for opportunities in the Peripheral Intravenous (IV) Catheter Market analysis?
- What are the technology trends and regulatory frameworks in the Peripheral Intravenous (IV) Catheter Market Forecast?
- What is the market share of the leading vendors in the Peripheral Intravenous (IV) Catheter Market?
- What modes and strategic moves are considered suitable for entering the Market?
Some of the major players operating in the peripheral intravenous (IV) catheter market are:
- BD (U.S.)
- Braun Melsungen AG (German)
- Smith Medical (U.S.)
- Terumo Corporation (Japan)
- Vygon (France)
- ICU Medical, Inc (U.S.)
- VOGT Medical (Germany)
- RenovoRx, Inc (U.S.)
- Retractable Technologies
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