Peripheral Intravenous Catheters (PIVCs) Market

Posted by ahila on April 27th, 2018

Global Peripheral Intravenous Catheters (PIVCs) Market :The peripheral IV catheters market report gives a comprehensive outlook on peripheral IV catheters across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). The report on peripheral IV catheters market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, technology, end user, and geographic regions. This report studies peripheral IV catheters market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the peripheral IV catheters market report includes technology advancements; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed peripheral IV catheters market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the peripheral IV catheters market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in manufacturing, supply and use of peripheral IV catheters.

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https://www.precisionbusinessinsights.com/market-reports/global-peripheral-intravenous-catheters-market/#ulp-4H8Z4LpNMLEuOnnx

Global Peripheral Intravenous Catheters Market:

Global peripheral IV catheters market estimated to be valued US$ 3,768 Mn in 2017 and poised to grow at CAGR of 6.4% over 2017-2024. The market for peripheral IV catheters projected to reach US$ 5,467 Mn by 2023 owing to increasing healthcare infrastructure and growing advances in PIVCs technology.

Growing adoption of parenteral drug administration and nutrient administration driving the market revenue growth

Peripheral IV catheters are long been used for administering drugs and nutrients and this has been growing over last few years, which is expected to create market demand for peripheral catheters across the globe. Moreover, rising number of inpatient, critical care admissions owing to chronic diseases and several acute diseases conditions expected to lead the market revenue growth positively over the forecast period. In addition, growing geriatric populations and rising healthcare infrastructure in developing economies driving peripheral IV catheters market globally.

Rising preference for safety catheters over conventional catheters

Over last few years healthcare professionals increasingly preferring safety catheters over conventional catheters owing to rising concern of needlestick injuries to patients and healthcare professionals is creating the potential market opportunity for players offering safety catheters in the market. Moreover, technological advances in catheters manufacturing resulted in a reduction in hematoma-related complications and blood infections is expected to drive market revenue growth over the forecast period. For instance, usage of short peripheral catheters helps in reduction of hematoma related complications and blood infections.

North America market leads the global Peripheral Intravenous catheters market

Currently, North America market leads the global peripheral Intravenous catheters market and projected to remain same over the forecast period owing to increase in adoption of a safety and short catheters in the region. Asia-pacific peripheral Intravenous catheters market projected to grow at significant CAGR over the forecast period owing to large patient population and growing healthcare infrastructure in the region.

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ahila

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ahila
Joined: March 20th, 2018
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