IV Equipment Market Rising at 6.2% CAGR to 2023: Top Key Players are ICU Medical, Inc, Smiths Medical (U.K.), Moog, Inc. (U.S.), Becton, Dickinson and Company (U.S.), B. Braun Melsungen AG (Germany), Baxter International Inc. (U.S.)

Recent Developments
ICU Medical, Inc. Company that develops manufactures and sells medical technologies applied in vascular oncology, therapy, and critical care applications. ICU Medical's product list includes intravenous therapy (IV) products, needle-free vascular access devices, pumps, custom infusion sets, closed system hazardous drug handling devices, sensor catheters, and systems, needle-free closed blood sampling systems, and hemodynamic monitoring systems. ICU Medical acquired Excelsior Medical Corporation, a manufacturer of healthcare devices used to disinfect and protect entrance into a patient's bloodstream.

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Market Segmentations
Market Data Forecast published a report named Global IV Equipment Market. It is valued USD 13.71 Billion in 2018, and it expected to reach USD 6.2%Billion by 2023 with a CAGR of 6.2%.

Report is segmented by
Product
• IV Catheters,
• Administration Sets,
• Infusion Sets,
• Securement Devices,
• Stopcocks,
• Check Valves,
• Drip Chambers,
• Needleless Connectors,
• Other IV Equipment.

End User
• Hospitals and Clinics,
• Home Care,
• Ambulatory Care Centers.

Based on product segment the IV catheters category is estimated to have the major share of the IV Equipment Market in 2018.

Geographical Segmentation:
Geographically, the IV Equipment market is divided into North America, Asia-Pacific, Europe, Latin America and Middle East Asia. North America is expected to constitute the largest share in this market, while the Asia Pacific region is expected to witness the active growth and overtake North America, being the second highest shareholder for the market during the forecast period.

Key market players in the market are –
• Smiths Medical (U.K.),
• Moog, Inc. (U.S.),
• Becton,
• Dickinson and Company (U.S.).

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Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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