Global Peripheral Iv Catheter Market Strategical Analysis Report 2022Posted by sandeep gade on October 31st, 2022 Increasing hospitalizations, anticipated rise in cancer incidence, and higher demand for infused chemotherapy agents are fuelling the need for higher quality catheters for safe usage. Furthermore, rising number of biologic approvals is increasing the demand for infusion therapies. The global peripheral intravenous catheters market was valued at US$ 4.9 Bn in 2020, and is expected to witness a healthy CAGR of 7% during the forecast period (2020–2030). Get Going With Sample Of Peripheral Iv Catheter Market Report! https://www.persistencemarketresearch.com/samples/3324 Key Takeaways of Peripheral Intravenous Catheters Market Study
“Growing prevalence of chronic diseases such as cancer and increasing approvals of intravenous drugs are is expected to boost the growth of the peripheral intravenous catheters market over the next decade,” says a PMR analyst. Strong Regulations Driving Need for High Quality Peripheral Intravenous Catheters Increasing safety legislations are being passed related to the use of PIVC for the infusion of medication and antibiotic fluids directly into peripheral veins and for drawing blood for testing and to treat diseases. A number of healthcare reforms have been passed, worldwide, to ensure safe and effective infusion therapy and improve the quality of healthcare services. The U.S. Food and Drug Administration (US FDA) is focused on increasing awareness about safety during the insertion of PIVC. The Needle-stick Safety and Prevention Act was passed in the U.S., in 2000, which further increased the demand for high quality peripheral intravenous catheters. How About Re-Inventing The Methodical Wheel In The Peripheral Iv Catheter Market? Switch Over To The “Methodology” Tab! https://www.persistencemarketresearch.com/methodology/3324 Impact of COVID-19 on Peripheral Intravenous Catheters Market As COVID-19 infections spread like wildfire across the globe, the need for essential medical devices is higher than ever. On this premise, the demand for peripheral intravenous catheters will surge from healthcare institutions. Specifically, short peripheral intravenous catheters will gain high traction owing to ease of insertion. Similarly, integrated catheters will be used where there is the need for a high flow rate. Peripheral intravenous catheters are already among the most used appliances in the healthcare industry, and the high number of COVID-19 patients will only impel this demand. More Valuable Insights on Peripheral Intravenous Catheters Market Persistence Market Research offers a unique perspective and actionable insights on the peripheral intravenous catheters market in its latest study, presenting historical demand assessment of 2015–2019 and projections for 2020–2030m on the basis of product (short peripheral IV catheters and integrated/closed PIVC), technology (conventional PIVC and safety PIVC), and end user (hospitals, ambulatory surgical centers, clinics, home use, and others), across five major regions. Keeping A Tab On Key Players In The Peripheral Iv Catheter Market? Go To “Purchase Now” To Decipher The Competitive Analysis In Our Peripheral Iv Catheter Market Report! https://www.persistencemarketresearch.com/checkout/3324 About Us: Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein. Contact Us: Persistence Market Research Like it? Share it! More by this author |