Press release
Peripheral Intravenous Catheters Market to Post an Absolute Growth of over 31% by 2025 – Arizton
The peripheral intravenous catheters market is expected to grow at a CAGR of over 4% during the period 2019–2025.Peripheral Intravenous Catheters Market – Competitive Landscape
The global PIVCs market is characterized by the presence of global, regional, and local vendors offering a broad range of PIVCs. Established vendors are accounting for noteworthy market shares compared to regional and local players. However, they are witnessing intense competition from many local and regional vendors who offers PIVCs at competitive prices. Vendors are offering conventional as well as safety PIVCs and are competing with each other based on factors including cost, safety features, convenient use, marketing strategies, and distribution channels. The key vendors in the market are BD, Smith Medical, Vygon, B. Braun Melsungen, Teleflex, Terumo, and Shanghai Puyi Medical Instruments. These companies have a wide geographic footprint, diversified product portfolio, and a strong focus on innovation and research activities.
Peripheral Intravenous Catheters Market – Growth Analysis
The peripheral intravenous catheters market is growing due to the increasing worldwide hospital admissions, owing to various reasons such as accidents, chronic diseases, HIV, and other diseases. Moreover, PIVCs are extensively used in emergency services to treat accidents and trauma cases. According to the World Health Organization, about 1.25 million people die due to road accidents every year. Of the total number of road accidents, about 90% are fatal, with most of them occurring in low- and middle-income countries. Patients with road accidents and burn cases in the emergency departments are treated with PIVCs. According to the WHO, burn cases account for 180,000 deaths globally. The growing incidences of accidents and trauma cases are contributing to the growth of the global PIVCs market.
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The following factors are likely to contribute to the growth of the peripheral intravenous catheters market during the forecast period:
• Growing Popularity of Midline Peripheral IV Catheters
• High Focus of Vendor on Product Bundling Strategies
• Increasing Demand for PIVCs from Emerging Economies
Base Year: 2019
Forecast Year: 2020–2025
The study considers the present scenario of the peripheral intravenous catheters market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.
Peripheral Intravenous Catheters Market – Vendor Profiles
Key Vendors
• BD
• Smiths Medical
• Vygon
• Braun Melsungen
• Teleflex
• Terumo
• Shanghai Puyi Medical Instruments
Other Vendors
• Argon Medical Devices
• Delta Med
• Greiner Bio-One International
• Retractable Technologies
• Nipro Medical
• Medline Industries
• Dukwoo Medical
• AngioDynamics
• EXELINT INTERNATIONAL
• Access Scientific
• ICU Medical
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Peripheral Intravenous Catheters Market – Segmentation
Market Segmentation by Products
• Short PIVC
• Midline IV Catheter
Market Segmentation by Technology
• Conventional PIVC
• Safety PIVC
Market Segmentation by End-user
• Hospitals
• Specialty Cardiac Centers
• Others
Market Segmentation by Geography
• Europe
• Spain
• Germany
• Italy
• France
• UK
• North America
• US
• Canada
• APAC
• South Korea
• China
• Japan
• Australia
• India
• Latin America
• Brazil
• Argentina
• Mexico
• Middle East & Africa
• Turkey
• Saudi Arabia
• South Africa
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About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
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