Intravenous Access Device Market to Surpass US$ 60.57 Billion Threshold by 2025

Global Intravenous Access Devices Market are utilized by the physicians to deliver the medication to the patient’s blood stream through the intravenous route. Intravenous access device can also withdraw the blood for testing or diagnosis purpose. There are various therapies administrated by the intravenous access device which are included for the designation of specialty drugs. Intravenous access device prevent the air from entering the blood stream and allows the estimation of flow rate. Intravenous access devices are used for various purposes such as to correct the electrolyte imbalances, to deliver medications, fluid replacement or for blood transfusion whereas it can also be used when the patient is dehydrated.

Additionally intravenous access devices can be used for chemotherapy, chronic diseases such as diabetes, cancer, cardiovascular disorders, with acute infectious diseases also favors the growth of intravenous access devices market. Moreover, urbanization and growing geriatric population all over the world is expected to boost the growth of intravenous access device market.

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Rising incidence of cardiovascular disease due to increase in the prevalence of diabetes, high blood pressure cases and number of smokers worldwide is expected to favor the demand for intravenous access device around the globe.

According to World Health Organization (WHO), in 2015 around 17.7 million people died due to cardiovascular disease worldwide. Furthermore, the majority of deaths are occurred in emerging economies due to high prevalence rate and lack of healthcare services in rural areas.

Also, increasing aging population and rising demand for intravenous access are the other factors leading to the growth of intravenous access device market in developed as well as emerging economies.

As per United Nations Population Fund, people aged 60 years and above accounted for 12.3% of the global population in 2015, which is expected to increase to 22% by 2050. The factors behind aging population in developed region are developed healthcare services and access of healthcare facilities to people, better nutrition, sanitation and economic development.

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Key features of the study:

This report provides in-depth analysis of the intravenous access devices market and provides market size (US$ Mn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017–2025)

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global intravenous access devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics

The global intravenous access devices market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical device companies, new entrants, and financial analysts

Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the intravenous access devices market

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