Global IV Equipment Market size was valued US$ XX Mn. in 2019 and the total revenue is expected to grow at 7.3% through 2019 to 2027, reaching nearly US$ XX Mn. To know about the Research Methodology :- Request Free Sample Report
Global IV Equipment Market Dynamics:
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. Intravenous (IV) therapy equipment is used to manage liquid materials directly into a vein. They can deliver medications or nutrients, for instance, insulin or other hormones, chemotherapy drugs, pain relievers, and antibiotics. The scope of the MMR report includes a detailed study of global and regional markets for IV equipment wherein reasons for growth variations of the healthcare industry in certain regions are discussed. Growing geriatric people joined with generating several medical actions has been indispensable in organizing the advancement of the IV equipment exhibition. Moreover, increasing ordinariness of unending contaminations, growing patient care, and mounting uses on human managements is expected to be the genuine fuel the development of the total IV gear grandstand someplace in the scope of 2019 - 2027. On the flip side, stringent regulatory situation and medication errors related to infusion pumps prominent to product recalls are the major factors that are hindering the growth of the market for IV Equipment. As per the Institute of Medicine in the United States, nearly 1.5 million patient’s yearly experience medication errors estimate US$ 8,750 per Potential Adverse Drug Event (PADE). By contact position, IV catheters segment was valued US$ XX Mn. in 2019 and is expected to reach a value of US$ XX Mn. by 2027, with a CAGR of XX.22% during the forecast period. IV catheters are consistent tools for sending blood products, nutritional fluids, and medications. Growing demand for short closed PIVCs (peripheral I.V. catheter) thanks to their capability to lessen the difficulties during intravenous processes will drive the segmental growth. The MMR report covers the segments in the IV equipment market like contact position, and end-user.
Global IV Equipment Market Regional Analysis:
The report offers a brief analysis of the major regions in the IV Equipment market, namely, Asia-Pacific, North America, Europe, South America, and the MEA. Among this, Asia Pacific IV catheters market was valued US$ XX Mn. in 2019 and is expected to reach a value of US$ XX Mn. by 2027, with a CAGR of XX.56% during 2019-2027. This is attributed to the large population base in the region, improving availability to advanced healthcare facilities, and growing healthcare spending. In APAC, India IV equipment market is expected to grow at a major pace because of expanding geriatric population vulnerable to chronic diseases. Moreover, growth in the specialty centers and number of hospitals coupled with favorable government creativities will majorly impact India IV equipment industry growth during 2019-2027. The MMR reports cover key developments in the IV equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product approvals, product launches, and others like patents and events. Such as in 2017, Becton, Dickinson, and Company (BD) launched a new IV medicine safety solution at the EAHP, Cannes (Europe Association of Hospital Pharmacists) assembly to improve patient safety. This product is intended to prevent medicine administration errors. Smith’s Group announced the viable launch of Delta Med SpA’s DeltaVen Closed System Catheter in March 2018. It is the advanced PIVC (Peripheral IV Catheters) which is proposing the extension tubing, needle, and also only if the option for a needleless connecter in a catheter. The objective of the report is to present a comprehensive analysis of the Global IV Equipment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global IV Equipment Market dynamics, structure by analyzing the market segments and projects the Global IV Equipment Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global IV Equipment Market make the report investor’s guide.
Scope of the Global IV Equipment Market: Inquire before buying
Global IV Equipment Market, by Contact Position
• IV Catheters • Administration Sets o Solution Administration Sets o Blood Administration Sets • Infusion Pumps • Securement Devices • Stopcocks & Check Valves • Drip Chambers • Needleless Connectors • Other IV Equipment
Global IV Equipment Market, by End-User
• Hospitals & Clinics • Home Care • Ambulatory Care Centers
Global IV Equipment Market, By Region
• North America o USA o Canada • Europe o UK o France o Germany o Italy o Spain o Norway o Russia • Asia Pacific o China o India o Japan o South Korea o Australia o Malaysia o Indonesia o Vietnam • South America o Mexico o Brazil o Argentina • Middle East and Africa o GCC Countries o South Africa o Nigeria o Egypt
Key players operating in the Global IV Equipment Market
• Becton, Dickinson and Company (BD) • B. Braun Melsungen AG • Baxter International Inc. • Fresenius Se & Co. KGaA • ICU Medical, Inc. • C.R. Bard, Inc. • Moog Inc. • Angiodynamics, Inc. • Ascor SA • Smith’s Group plc • Terumo Corporation • Animas LLC • arcomed ag • Truxton Incorporated • International WIN LTD • Lars medicare Pvt Ltd. • Hindustan Syringes & Medical Devices Ltd • Harsoria Healthcare Pvt. Ltd. • The Metrix Company • Abbott • I.V. House, Inc. • PRISM PHARMA MACHINERY • Mediplus India
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