Press release
Needle-free IV Connectors Market is Estimated to Reach USD 1759.29 Million By 2030: Cognitive Market Research
Needle-free IV Connectors Market is Estimated to Reach USD 1759.29 Million By 2030: Cognitive Market Research
- A needleless IV connector, known as a needleless connector, is a medical device used in intravenous (IV) therapy to connect tubing to a catheter or cannula inserted into a patient's vein. Needleless IV connectors come in a variety of shapes and sizes and can be used in a wide range of clinical settings, including hospitals, clinics, and home care settings. They are usually disposable and designed for single use to prevent contamination and promote patient safety.
Summary:
• Global Needle-free IV Connectors Market Size Was Valued at USD 853.06 Million In 2023 And Is Expected to Grow at A CAGR Of 9.47% During the Forecast Period, Reaching USD 1759.29 Million By 2030 - Exclusive Report by Cognitive Market Research
• Increasing demand for intravenous therapy to minimize bacterial transfer is the major driving factor for the growth of the needle-free IV connectors market.
• North America is accounted for the largest share of the needle-free IV connectors market.
To know more The Needle-free IV Connectors Market statistics click here: https://www.cognitivemarketresearch.com/needle-free-iv-connectors-market-report
Market Dynamics:
- The growth of the needle-free IV connectors market is primarily driven by the increasing demand for intravenous therapy to minimize bacterial transfer. These connectors help reduce the risk of needlestick injuries for healthcare providers and can also reduce the risk of catheter-related bloodstream infections (CRBSIs) by minimizing the entry of microorganisms into the catheter system. Additionally, significant advances in infection control technology is another key factor that propels the market growth during the forecast period.
However, a significant lack of knowledge about the specific needleless connectors may hinder the growth of the market in the near future. Further, the growing demand for efficient healthcare practices and the integration of telemedicine technologies in a healthcare setting is expected to create new opportunities for the needle-free iv connectors market during the forecast period.
Global Needle-free IV Connectors market segmentation analysis:
- Type
• Positive Fluid Displacement Connectors
• Negative Fluid Displacement Connectors
• Neutral Fluid Displacement Connectors
Positive fluid displacement connectors accounted for a significant revenue share in terms of type
Positive displacement connectors are increasingly used in intravenous (IV) therapy to prevent backflow of blood and maintain catheter patency. These connectors are designed to create positive pressure within the catheter system, preventing the backflow of blood into the catheter and reducing the risk of catheter-related bloodstream infections.
- Design
• Straight Channel
• T-channel
• Y-channel
• Multi-channel
- End User
• Hospitals
• Ambulatory Surgical Centers
Based on end-user, hospitals held a major share in 2022
Hospitals held a major share in 2022, owing to the needleless connectors can help to reduce the risk of catheter-related bloodstream infections (CRBSIs), which are a significant source of mortality in hospitalized patients. In hospitals, Needle-free IV connectors are widely used as they offer potential benefits over traditional IV connectors.
- Competitive Analysis for Needle-free IV Connectors Market: Baxter International Inc., B. Braun Melsungen AG, Becton Dickinson and Company, CareFusion Corporation, ICU Medical Inc., Nexus Medical LLC, RyMed Technologies LLC, Vygon SA.
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North America is accounted for the largest share of the Needle-free IV Connectors market.
- North America accounted for relatively the largest share of the needle-free iv connectors market during the forecast period. The market demand is rising in the region due to the growing R&D investment from various medical companies, the presence of top medical device manufacturers, and rapid innovation in therapeutic care products. Many companies in North America are investing in product innovation to improve the design and function of their needle-free IV connectors. For example, some manufacturers are developing connectors with antimicrobial coatings or special valve technology to reduce the risk of infection.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Needle Free IV Connectors Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Needle Free IV Connectors Market Segmentation
1.5.1 Needle Free IV Connectors Market Regional Fragmentation
1.5.1 Needle Free IV Connectors Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Needle Free IV Connectors Market
• 3.1 Global Needle Free IV Connectors Market Size 2018 - 2030, (USD Million)
• 3.2 Global Needle Free IV Connectors Market Statistics 2022: Snapshot
Chapter 4 Global Needle Free IV Connectors Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Needle Free IV Connectors Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Needle Free IV Connectors Market by Design Segmentation Analysis (2018-2030)
Chapter 10 Global Needle Free IV Connectors Market by End User Segmentation Analysis (2018-2030)
Chapter 11 Global Needle Free IV Connectors Market Regional Analysis
Chapter 12 North America Needle Free IV Connectors Market Outlook (2018 - 2030)
Chapter 13 Europe Needle Free IV Connectors Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Needle Free IV Connectors Market Outlook (2018 - 2030)
Chapter 15 Latin America Needle Free IV Connectors Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Needle Free IV Connectors Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Needle-free IV Connectors Market TOC click here: https://www.cognitivemarketresearch.com/needle-free-iv-connectors-market-report#table_of_contents
Related report:
• Smart medical device market- https://www.cognitivemarketresearch.com/smart-medical-devices-market-report
• Catheter market- https://www.cognitivemarketresearch.com/catheters-market-report
• Computed tomography market- https://www.cognitivemarketresearch.com/computed-tomography-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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