Press release
Impact of COVID-19 on Needle-free IV Connectors Market to See Huge Growth by 2027 | Baxter International Inc., B. Braun Melsungen AG, Becton, Dickinson and Company
The manufacturers of needle-free IV connectors are engaged in developing innovative products for the consumers. Manufacturers such as Becton, Dickinson and Company offers NeutraClear needle free connector with an orange indicator to reduce accidental removals with luers. Further, ICU Medical Inc. has its own patented technology of needle-free connector in which the connectors are silicon sealed to reduce the contact between connector’s external and internal surface which further significantly reduces bacterial contamination. Asian countries such as India, China, and Indonesia have many local players of needle-free IV connectors. For example, in China there are more than 30 local players proving high quality needle-free connectors.Depending on the internal characteristic and functioning of the parts, needle-free IV connectors are classified into simple and complex. The purpose of using needle-free IV connectors apart from ease in infusion for both care providers and patients, is to reduce the risk of needle-stick injuries during the surgeries among the health care providers and reducing the risk of bacterial and microbial contamination as they are disposable products.
The global needle-free IV connectors’ market size was valued at US$ 755.8 million in 2018 and is expected to exhibit a CAGR of 10.3% over the forecast period (2019-2027).
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The key players profiled in this report include: Baxter International Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, CareFusion Corporation, ICU Medical, Inc., Nexus Medical LLC, RyMed Technologies, LLC, and Vygon S.A.
Detailed Segmentation:
By Design Type:Straight ChannelT-channelY-channelMulti-channelGlobal Needle-free IV Connectors Market, By Mechanism:PositiveNegativeNeutralGlobal Needle-free IV Connectors Market, By Dwell Time:Seven-dayOther than Seven-day
Regions included:
o North America (United States, Canada, and Mexico)
o Europe (Germany, France, UK, Russia, and Italy)
o Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
o South America (Brazil, Argentina, Colombia)
o Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Benefits:
o This study gives a detailed analysis of drivers and factors limiting the market expansion of Needle-free IV Connectors
o The micro-level analysis is conducted based on its product types, end-user applications, and geographies
o Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players
o By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Needle-free IV Connectors market
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The research study can answer the following Key questions:
What will be the progress rate of the Needle-free IV Connectors Market for the conjecture period, 2020 - 2027?
What are the prominent factors driving the Needle-free IV Connectors Market across different regions?
Who are the major vendors dominating the Needle-free IV Connectors industry and what are their winning strategies?
What will be the market scope for the estimated period?
What are the major trends shaping the expansion of the industry in the coming years?
What are the challenges faced by the Needle-free IV Connectors Market?
Table of Contents
-- Report Overview: It includes the Needle-free IV Connectors market study scope, players covered, key market segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.
-- Executive Summary: This section of the report gives information about Needle-free IV Connectors market trends and shares, market size analysis by region and analysis of global market size. Under market size analysis by region, analysis of market share and growth rate by region is provided.
-- Profiles of International Players: Here, key players of the Needle-free IV Connectors market are studied on the basis of gross margin, price, revenue, corporate sales, and production. This section gives a business overview of the players and shares their important company details.
-- Regional Study: All of the regions and countries analyzed in the Needle-free IV Connectors market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.
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