The peripheral iv catheters global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Peripheral IV Catheters Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The peripheral iv catheters market size has grown strongly in recent years. It will grow from $5.19 billion in 2023 to $5.58 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to growing healthcare facilities, aging population and chronic diseases, surgical and medical procedures, increased hospital admissions, demand for vascular access devices.
The peripheral iv catheters market size is expected to see strong growth in the next few years. It will grow to $7.67 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to minimally invasive procedures and catheters, short peripheral catheters for outpatient care, catheter-related bloodstream infection prevention, expansion of home healthcare, integration of antimicrobial coatings.. Major trends in the forecast period include ultrasound-guided peripheral iv catheter insertion, reduced complications and catheter failure, wireless communication for catheter monitoring, patient-centered catheter care, shift toward disposable catheters.
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Scope Of Peripheral IV Catheters Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Peripheral IV Catheters Market Overview
Market Drivers –
The rising prevalence of chronic diseases is expected to propel the growth of the peripheral IV catheters market. Peripheral intravenous catheters are commonly used in the management of various chronic diseases such as cancer, cardiovascular diseases, and others. For instance, in March 2022, according to the Australian Bureau of Statistics, an Australia-based self-governing statutory entity in charge of gathering and analyzing information as well as factual proposals, almost half of the population (46.6%, or 11.6 million) had a minimum of one chronic illness. The most common chronic conditions were mental and behavioral problems (20.1%), back pain (15.7%), and arthritis (12.5%). Therefore, the rising prevalence of chronic diseases is expected to propel the growth of the peripheral IV catheters market.
The peripheral iv catheters market covered in this report is segmented –
1) By Product Type: Short Peripheral Intravenous Catheters, Integrated/Closed Peripheral Intravenous Catheters (PIVC)
2) By Technology: Conventional Peripheral Intravenous Catheters (PIVC), Safety Peripheral Intravenous Catheters (PIVC)
3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Healthcare
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Regional Insights –
North America was the largest region in the peripheral IV catheters market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the peripheral iv catheters market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the peripheral iv catheters market include Becton, Dickinson and Company, B. Braun Melsungen AG, Smiths Medical Inc., Vygon SAS, Terumo Corporation, Teleflex Incorporated, NIPRO Medical Corporation, Argon Medical Devices Inc., Medical Components Inc., Vascular Pathways Inc., Tangent Medical Technologies Inc., Vigmed AB, Venner Medical, C. R. Bard Inc., MedSource Labs, Intra Special Catheters GmbH, Greiner Bio-One International GmbH, Ares Medikal, Ace Medical Company, Heka s.r.l, Raumedic AG, Vogt Medical Vertrieb GmbH, RenovoRx Inc., Retractable Technologies Inc., AngioDynamics Inc., ICU Medical Inc., Medtronic plc, Edwards Lifesciences Corporation, Cook Group Incorporated, Stryker Corporation, Boston Scientific Corporation, Johnson & Johnson, Abbott Laboratories, Merit Medical Systems Inc.
Table of Contents
1. Executive Summary
2. Peripheral IV Catheters Market Report Structure
3. Peripheral IV Catheters Market Trends And Strategies
4. Peripheral IV Catheters Market – Macro Economic Scenario
5. Global Peripheral IV Catheters Market Size and Growth
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31. Global Peripheral IV Catheters Market Competitive Benchmarking
32. Global Peripheral IV Catheters Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Peripheral IV Catheters Market
34. Peripheral IV Catheters Market Future Outlook and Potential Analysis
35. Appendix
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