Peripheral Intravenous Catheters PIVC Market Size 2024 to 2031.

Market Overview and Report Coverage

A Peripheral Intravenous Catheter (PIVC) is a small, flexible tube inserted into a vein through the skin to provide medicines, fluids, and other treatments directly into the bloodstream. The PIVC market is expected to grow at a CAGR of 3.80% during the forecasted period.
The future outlook of the PIVC market is promising, as the demand for PIVCs is increasing due to the rising incidence of chronic diseases, surgical procedures, and the growing geriatric population. Technological advancements in PIVC devices and improvements in healthcare infrastructure are also contributing to the market growth.
Innovations such as the development of antimicrobial-coated catheters, advanced materials for better compatibility with the human body, and improved insertion techniques are expected to drive market expansion. Additionally, the increasing focus on patient comfort and safety is leading to the adoption of PIVCs in various healthcare settings.
Overall, the current and future outlook of the Peripheral Intravenous Catheters PIVC market is positive, with continuous advancements in technology, increasing healthcare expenditure, and rising demand for efficient and cost-effective treatment methods driving market growth.

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Market Segmentation
The Peripheral Intravenous Catheters PIVC Market Analysis by types is segmented into:
• Ported Peripheral Intravenous Catheters (PIVC)
• Non-Ported Peripheral Intravenous Catheters (PIVC)

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Ported peripheral intravenous catheters (PIVC) are devices that have an additional port or opening for medication administration or blood sampling without the need for needle sticks. They offer convenience and reduce the risk of needle-related injuries. Non-ported PIVCs, on the other hand, do not have this additional port and are used mainly for administering fluids or medications. Both types of PIVCs are commonly used in clinical settings for intravenous therapy.

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The Peripheral Intravenous Catheters PIVC Market Industry Research by Application is segmented into:
• Hospitals
• Clinics
• ASCs
• Other

The Peripheral Intravenous Catheters (PIVC) market finds application in hospitals, clinics, ambulatory surgery centers (ASCs), and other healthcare settings. Hospitals utilize PIVCs for various medical procedures and treatments. Clinics often use PIVCs for IV therapy and medication administration. ASCs also rely on PIVCs for outpatient procedures. Additionally, PIVCs are used in other healthcare facilities such as urgent care centers and nursing homes. Overall, the PIVC market serves a wide range of healthcare settings to facilitate intravenous access for patients.

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In terms of Region, the Peripheral Intravenous Catheters PIVC Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Peripheral Intravenous Catheters PIVC market?
Some emerging trends in the global Peripheral Intravenous Catheters (PIVC) market include the increasing prevalence of chronic diseases driving the demand for PIVCs, technological advancements leading to the development of innovative products with improved safety and efficacy, growing adoption of integrated PIVC systems for better patient care, rising focus on reducing healthcare-associated infections through the use of antimicrobial PIVCs, and the expanding geriatric population contributing to the rise in PIVC procedures. Additionally, the trend towards home healthcare and telemedicine is also expected to drive the demand for PIVCs in the coming years.

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Major Market Players
BD Medical is one of the leading players in the competitive Peripheral Intravenous Catheters (PIVC) market. The company has a strong presence in the market due to its innovative and high-quality products. BD Medical has a long history of producing medical devices, including IV catheters, and has built a solid reputation for its reliability and efficacy.
C.R. Bard is another key player in the PIVC market, known for its comprehensive range of vascular access devices. The company has a global presence and serves healthcare providers in over 100 countries. C.R. Bard is committed to improving patient outcomes and delivering innovative solutions for healthcare professionals.
Smiths Medical is a well-established player in the PIVC market, with a focus on developing advanced medical devices for patient care. The company has a strong customer base and is known for its high-quality products and customer service. Smiths Medical has a global presence and is continuously expanding its market reach.
In terms of market growth and size, the PIVC market is expected to grow significantly in the coming years due to the increasing demand for vascular access devices in healthcare settings. The market is driven by factors such as the rising prevalence of chronic diseases, technological advancements in medical devices, and the growing geriatric population.
As for sales revenue, BD Medical reported sales of $2.38 billion in the vascular access segment in 2020. C.R. Bard generated sales revenue of $1.3 billion in the same year. Smiths Medical reported sales of $1.6 billion in 2020. These figures indicate the strong market position of these companies in the PIVC market and their ability to generate substantial sales revenue.

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