Press release
Peripheral Intravenous (IV) Catheter Market Top Key Players: B. Braun Melsungen, BD, C.R. Bard, Smiths Medical, STENTYS SA, VOGT MEDICAL, Terumo CorporationAngioDynamics, RenovoRx, Retractable Technologies, intra special cathers
Peripheral Intravenous (IV) Catheter Market
All the data, statistics, and information collected in the report has been studied and analysed with the demonstrated tools and techniques such as SWOT analysis and Porter's Five Forces analysis. The report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. Peripheral Intravenous (IV) Catheter Market report acts upon systematic gathering, recording and analysis of data for the concerns linked to the marketing of goods and services and thereby serve the Healthcare IT industry with an excellent market research report. Granular market information assembled in this Peripheral Intravenous (IV) Catheter Market report will be helpful to Healthcare IT industry to take competent business decisions.
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Global Peripheral Intravenous (IV) Catheter Market, By Product Type (Short PIVC, Integrated/Closed PIVC), By Technology (Short Peripheral Intravenous Catheter, Ported Peripheral Intravenous Catheter, Non-ported Peripheral Intravenous Catheter, Integrated/Closed Peripheral Intravenous Catheter), By End Users, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Forecast to 2025
Analysis of Global Peripheral Intravenous (IV) Catheter Market:
The Global Peripheral Intravenous (IV) Catheter Market is expected to reach USD 6.73 billion by 2025, from USD 4.03 billion in 2017 growing at a CAGR of 6.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Competitors/Players:
• B. Braun Melsungen
• BD
• C.R. Bard
• Smiths Medical
• STENTYS SA
• VOGT MEDICAL
• Terumo Corporation
• RenovoRx
• Retractable Technologies
• Intra special cathers
• RAYS health and safety
• Teleflex
• Vigmed and Vygon
• ISO-MED
• Among others.
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Major Market Drivers and Restraints:
• Increase in number of hospitalizations
• Increasing popularity of integrated/closed peripheral intravenous catheters
• Increased adoption of safety ported short peripheral intravenous catheters
• Increased implementation of product bundling strategy
• Complications associated with peripheral intravenous catheters (PIVCs)
Definition:
The peripheral intravenous catheter (PIVC) is a small flexible tube. This is inserted into a peripheral vein for the delivery of medicines and nutritional supplements. It is widely helpful in the collection of blood samples for diagnostic purpose. The peripheral intravenous catheters can be divided into two types, short peripheral intravenous catheters (PIVCs) and integrated/closed catheters (PIVCs). Once the catheter is in place, the Peripheral intravenous catheters can be removed. This is inserted into the patient’s body using a needle. After this process is done the peripheral intravenous catheter is attached to the patient skin by using medical adhesive tape. In 2014, about 20.0 million people visited physicians’ offices with the detection of cancer as the primary diagnosis, 17.8 million people visited physicians’ offices, and 3.9 million people visited hospital outpatient departments due to infectious and parasitic diseases in the US. According to the Centers for Disease Control and Prevention (CDC), in 2014, there were 141.4 million emergency department visits which further resulted in 11.2 million hospital admissions and 1.8 million critical care unit admissions in the US. This showed that the people of US had one or more chronic health conditions.
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Segmentation:
Based on product type:
• Short Peripheral Intravenous Catheter
• Ported Peripheral Intravenous Catheter
• Non-Ported Peripheral Intravenous Catheter
• Integrated/Closed Peripheral Intravenous Catheter
On the basis of technology:
• Conventional Peripheral Intravenous Catheter
• Safety Peripheral Intravenous Catheter
On the basis of end users:
• Hospitals
• Ambulatory Centers
• Clinics
• Community Healthcare
• Others
Based on geography:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Frequently Asked Questions:
• What will the market size be in 2025?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2025?
• Which strategies are used by top players in the Global Peripheral Intravenous (IV) Catheter Market?
Competitive Analysis of Global Peripheral Intravenous (IV) Catheter Market:
The global peripheral intravenous (IV) catheter market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of peripheral intravenous (IV) catheter market for global, Europe, North America, Asia Pacific and South America.
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Abbott Laboratories
Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
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