Press release
Global IV Catheters, Needles, and Syringes Market Expected to Reach $26 billion by 2023
ReportsnReports.com adds "IV Catheters, Needles, and Syringes Market - Global Outlook and Forecast 2018-2023" report to its research store.This market research report on IV catheters, needles, and syringes market offer analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by product (syringes, needles, and intravenous catheters), by end-users (hospitals and clinics, diagnostic laboratories, ASCs, individuals, and academic & research centers), and geography (APAC, Europe, North America, and ROW).
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The increasing use of needle and syringes for the administration of insulin and drawing blood samples for monitoring glucose level will propel the growth of the global IV catheters, needles, and syringes market. The introduction of various kind of disposable medical devices will help avoid infections and reduce the number of incidences of hospital-acquired infection due to the negligence of the medical professionals and staffs in the global market.
The rising incidence of trauma cases (accidents, burn cases), growing prevalence of chronic diseases, and increasing cases of hospital-acquired infections are some of the factors attributing to the growth of the global market. The increasing availability of these products leads to the popularity and are the most commonly used devices in healthcare centers for the administration of drugs, fluids, parenteral nutrition, and withdrawing a blood sample from the patient's body.
IV Catheters, Needles, and Syringes Market - By End-Users: Introduction of the sterilizable syringe will fuel development in the global IV catheters, needles, and syringes market.
IV Catheters, Needles, and Syringes Market - By Geography: US and Canada to contribute the highest revenues in the global IV catheters, needles, and syringes market during the forecast period.
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Key Countries Covered:
• US
• Canada
• Germany
• UK
• France
• China
• India
• Japan
Key Vendor Analysis
The global IV catheters, needles, and syringes market are moderately fragmented with many international players offering a wide range of products. The top vendors are redefining and altering the products to follow the changes in the legislation and regulations to sustain the competition in the global market. The companies are competing on the basis of terms of features such as quality, quantity, technology, safety, and price to gain an advantage in the global market. The improving global economic conditions are encouraging vendors to launch new products in the IV catheters, needles, and syringes market. Some of the international players are focusing on expanding their businesses and distribution network across emerging countries in the world market.
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The major vendors in the global IV catheters, needles, and syringes market are:
• Teleflex
• Smiths Medical
• Terumo
• BD
• B. Braun Melsungen
• Nipro
• AngioDynamics
Other prominent vendors include Allison Medical, APEXMED International, Argon Medical Devices, Artsana Group, Baxter International, CODAN Medizinische Geräte GmbH, CONMED, Connecticut Hypodermics, Cardinal Health, Catalent, DELTA MED, EXELINT International, Gerresheimer, Hamilton Company, Hi-Tech Medicare Devices, Hindustan Syringes & Medical Devices, ICU Medical, International Medsurg Connection, Merit Medical Systems, MedPro Safety Products, RenovoRx, Retractable Technologies, Ulticare, Unimed, Vetter, Vigmed, Vita Needle Company, Vygon, West Pharmaceutical Services, and Ypsomed Holding.
Key market insights include:
1. The analysis of global IV catheters, needles, and syringes market provides market size and growth rate for the forecast period 2018-2023.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global IV catheters, needles, and syringes market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of global IV catheters, needles, and syringes market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.
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