The peripheral intravenous catheter is venous devices manufactures by using silicon and other user-friendly materials to avoid side effects. These characteristics helps patients to retain PIVCs in their veins or body for extensive durations of time without suffering ill effects. Normally, it is used to infuse medication and different fluids directly into a vein of a patients. Superior peripheral intravenous (IV) catheters are ready with additional safety features to avoid needlestick injuries.
|Market||Peripheral Intravenous Catheter Market|
|Analysis Period||2015 - 2026|
|Forecast Data||2015 - 2026|
|Segments Covered||By Product, By End-User and By Geography|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Becton , Dickinson and Company , B. Braun Melsungen AG , Terumo Corporation ,Smiths Medical Inc. ,Teleflex Incorporated ,Tangent Medical Technologies Inc. ,C.R. Bard Inc. ,Argon Medical Devices Inc. , VIGMED AB ,Medical Components Inc.|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
|Customization Scope||10 hrs of free customization and expert consultation|
The increasing prevalence of different acute and chronic diseases and increasing the global population is likely to increase the rate of hospitalization, which therefore drives the growth of the growth of the market. Moreover, the other factors such as elderly population and improvement in surgical and treatment technologies is resulting in rising surgical procedures is propelling the growth of the market.
However, the high cost of the peripheral intravenous catheter is one of the major restraining factor hampering the growth of the market.
Market Classification and Overview
The global peripheral intravenous catheter market is segmented into product, end-user, and region.
On the basis of product, the market is segmented into short PIVCs and integrated or closed PIVCs.
Based on the end-user, the market is segmented into hospital, clinics, ASCs, and others.
Geographically, the global peripheral intravenous catheter market is bifurcated into four regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).
North America is expected to dominate the market during the forecast period 2018-2026 owing to rising prevalence of chronic diseases. Moreover, rising demand for the injectable drugs, increasing aging population and growing healthcare expenditure are some of the other factors propelling the growth of the market in this region.
Europe is expected to witness a tremendous growth during the forecast period owing to the increase in hospitalization and economic condition. Moreover, the presence of large players demanding the peripheral IV catheter is thereby boosting the growth of the market in this region.
Asia Pacific is expected to be the largest region during the forecasted period owing to the increasing geriatric population and technological advancement is rising the market growth. Additionally, the LAMEA is expecting a steady growth rate due to poor economic condition.
The peripheral intravenous catheter market comprises of some of the major players such as
Market By Product
Market By End-Users
Market By Geography