Global IV Equipment Market Research Report 2017-2024 Growth, Trends, Forecast A new report by Data Bridge Market Research
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The Global IV Equipment Market accounted to USD 9.8 billion in 2016 growing at a CAGR of 8.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global IV Equipment Market Definition:
IV Equipment is the mixture of fluid substances specifically into or within vein which is also knowns as drips. The IV equipment is considered to be as the quickest approach to convey liquids and solutions all through the body. Intravenous treatment might be utilized for liquid administration, rectification of electrolyte imbalances, transfusing blood and to convey medicines.
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Global IV Equipment Market Competitive Analysis:
The global IV equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes IV equipment market shares for global, Europe, North America, Asia Pacific, and South America.
Major Market Drivers And Restraints:
• Increase ingeriatric population and chronic diseases
• Rising demand for surgical procedure
• Growing demand for ambulatory infusion pumps
• Medication errors related to infusion pumps
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Major Market Competitors:
Some of the major players operating in global IV equipment market are:
• B. Braun Melsungen AG (Germany),
• Becton, Dickinson and Company (U.S.),
• Fresenius SE & Co. KGaA (Germany),
• Smiths Medical (U.K.),
• Baxter (U.S.),
• ICU Medical, Inc. (U.S.),
• Moog, Inc. (U.S.),
• AngioDynamics, Inc. (U.S.),
• Animas Corporation (U.S.),
• C. R. Bard, Inc. (U.S.),
• ASCOR SA (Poland),
• Arcomed ag(Switzerland)
• Terumo Corporation (Japan),
• among others.
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