Press release
Short Peripheral Intravenous Catheter Market Size 2024 to 2031.
Market Overview and Report CoverageA Short Peripheral Intravenous Catheter (PIVC) is a small, flexible tube inserted into a vein to administer medication or fluids directly into the bloodstream. They are commonly used in hospitals, clinics, and other healthcare settings for short-term treatments.
The Short Peripheral Intravenous Catheter Market is experiencing steady growth and is expected to continue to expand at a Compound Annual Growth Rate (CAGR) of 7.70% during the forecasted period. This growth can be attributed to the increasing prevalence of chronic diseases, rising demand for minimally invasive procedures, and technological advancements in catheter design.
The current outlook for the Short Peripheral Intravenous Catheter Market is positive, with a growing focus on patient comfort, safety, and efficient healthcare delivery. Manufacturers are developing innovative products to enhance catheter performance, reduce the risk of infection, and improve patient outcomes. The market is also benefiting from the increasing adoption of PIVCs in ambulatory care settings and home healthcare.
Overall, the future of the Short Peripheral Intravenous Catheter Market looks promising, with a continued focus on product development, technological advancements, and expanding applications in various healthcare settings.
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Market Segmentation
The Short Peripheral Intravenous Catheter Market Analysis by types is segmented into:
• Ported Short PIVC
• Non-Ported Short PIVC
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The Short Peripheral Intravenous Catheter (PIVC) market consists of two main types: Ported Short PIVCs and Non-Ported Short PIVCs. Ported Short PIVCs have an additional port for medication administration or blood sampling, providing greater convenience for healthcare providers. On the other hand, Non-Ported Short PIVCs do not have this additional feature but still serve the primary function of delivering fluids and medications into the bloodstream. Both types play a crucial role in patient care and medical treatment.
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The Short Peripheral Intravenous Catheter Market Industry Research by Application is segmented into:
• Hospitals
• Clinics
• ASCs
Short Peripheral Intravenous Catheters are widely used in hospitals, clinics, and Ambulatory Surgical Centers (ASCs) for providing temporary access to veins for medication administration, fluid therapy, and blood transfusions. Hospitals utilize these catheters for patients undergoing medical procedures or staying for treatment. Clinics commonly use them for various outpatient treatments. ASCs rely on these catheters for quick and efficient administration of medications during surgical procedures. Overall, these healthcare settings heavily rely on short peripheral intravenous catheters for patient care.
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In terms of Region, the Short Peripheral Intravenous Catheter 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 Short Peripheral Intravenous Catheter market?
The global short peripheral intravenous catheter market is witnessing several emerging trends. One major trend is the shift towards the use of advanced technology such as antimicrobial-coated catheters to reduce the risk of infections. Another trend is the increasing adoption of safety-engineered catheters to minimize needlestick injuries among healthcare workers. Additionally, there is a growing focus on improving patient comfort and satisfaction through the development of catheters with smaller gauges and improved insertion techniques. Finally, the rising demand for disposable and single-use catheters is also driving market growth as healthcare facilities prioritize infection prevention and cost-effectiveness.
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Major Market Players
Becton Dickinson is a prominent player in the short peripheral intravenous catheter market, offering a wide range of innovative medical devices. The company was founded in 1897 and has a long history of providing high-quality healthcare products. Becton Dickinson has experienced significant market growth over the years, expanding its product portfolio and enhancing its global presence.
Smiths Medical is another key player in the market, known for its advanced medical technologies and patient care solutions. The company has a strong reputation for delivering reliable and cost-effective products to healthcare providers worldwide. Smiths Medical has shown steady market growth, with a focus on innovation and customer satisfaction.
Terumo Medical is a leading manufacturer of medical devices, including short peripheral intravenous catheters. The company has a solid track record in the healthcare industry, with a strong emphasis on research and development. Terumo Medical has consistently expanded its market presence and increased its sales revenue over the years.
According to industry reports, B. Braun Melsungen is one of the top players in the short peripheral intravenous catheter market, with significant market share and revenue. The company has a diversified product portfolio and a strong global presence, serving healthcare institutions in over 60 countries.
In terms of sales revenue, some of the top companies in the short peripheral intravenous catheter market include Becton Dickinson, Smiths Medical, Terumo Medical, and B. Braun Melsungen. These companies have demonstrated strong financial performance and continue to invest in research and development to drive innovation and growth in the healthcare industry.
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