Booming Worldwide to Augment Growth of I.V. Dressing Market

IV dressing is a transparent dressing used to secure objects, such as I.V. sites or Catheters, to the insertion point and can also be used as secondary dressings. This type of dressing maintains a moist that is necessary for wound healing. Thus, growth of the I.V. dressing market is mainly driven by the increasing incidence of infections such as catheter-related bloodstream infection (CRBSI), central line associated bloodstream infection (CLABSI), other infections. According to the Centers for Disease Control and Prevention (CDC), central line-associated bloodstream infections result in thousands of deaths each year and billions of dollars in added costs to the U.S. healthcare system.

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CLABSI is a highly prevalent problem in the intensive care unit (ICU). In the United States, the CLABSI rate in intensive care units (ICU) is estimated to be 0.8 per 1000 central line days. Moreover, an estimated 250,000 bloodstream infections occur annually, and most are related to the presence of intravascular devices. This in turn is expected to increase the demand for IV dressing in the United States, driving the growth of the I.V. dressing market. I.V. (Intravenous) is the fastest route to deliver blood transfusions, fluids, medications, and others in patients. It is used in patients with physical debility, to maintain electrolyte balance, for fluid replacement, and is also used to deliver fluids, medications, etc.

IV dressing acts as a quick fixation dressing to secure intramuscular catheters, the I.V. cannula, and other percutaneous devices. It is a translucent or transparent type of dressing made up of polyurethane collated films and adhesive material, it prevents bacterial infection and prevents moisture buildup to protect against germs and dust. Thus, there is an increasing demand for IV dressing worldwide. For example, in July 2018, 3M launched Tegaderm Antimicrobial I.V. Advanced Securement Dressing and Tegaderm Antimicrobial Transparent Dressing to enhance its PIV maintenance solution offerings and help reduce infection risk.

Moreover, growth of the I.V. dressing market can be attributed to the increasing prevalence of chronic kidney diseases (CKD) worldwide, increasing number of dialysis procedures, as they require central venous catheter, and increasing number of surgeries that mostly requires I.V. dressing. According to CDC, more than one in seven, that is 15% of US adults or 37 million people, are estimated to have CKD. Moreover, there are now more than 7,500 dialysis clinics in the United States. However, there are some complications associated with I.V. dressing, such as discomfort, swelling, nausea, and others. This in turn is expected to restrain the growth of the I.V. dressing market.

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Major Market Competitors: 3M, Paul Hartmann AG, Deroyal, Tytex Inc., Reliamed, Acelity, BSN Medical, CareFusion, Lohmann & Rauscher, Smith & Nephew, Shandong Dermcosy Medical Co.,Ltd., Talent Health Care, Datt Mediproducts Private Limited, and Others.

𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐀𝐬𝐤𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬?

𝐖𝐡𝐚𝐭 𝐰𝐢𝐥𝐥 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐛𝐞 𝐢𝐧 𝟐𝟎𝟐𝟕?

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 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 𝟐𝟎𝟐𝟕?

𝐖𝐡𝐢𝐜𝐡 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐚𝐫𝐞 𝐮𝐬𝐞𝐝 𝐛𝐲 𝐭𝐨𝐩 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐊𝐤𝐤 𝐌𝐚𝐫𝐤𝐞𝐭?

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