Peripheral Intravenous (IV) Catheter Market Global Industry Size, Share, Demand, Growth Analysis and Forecast By 2029

Global peripheral intravenous (IV) catheter market was valued at USD 1.67 billion in 2021 and is expected to reach USD 2.63 billion by 2029, registering a CAGR of 5.5% during the forecast period of 2022-2029.

Global Peripheral Intravenous (IV) Catheter Market study by “Data Bridge Market Research” provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. Peripheral Intravenous (IV) Catheter Market research report execution is becoming very vital for the businesses to gain success because it offers many benefits including insights into revenue growth and sustainability initiative.
 
Global peripheral intravenous (IV) catheter market was valued at USD 1.67 billion in 2021 and is expected to reach USD 2.63 billion by 2029, registering a CAGR of 5.5% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
 
Download Exclusive Sample of Peripheral Intravenous (IV) Catheter Market @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-peripheral-intravenous-iv-catheter-market
 
The countries covered in the peripheral intravenous (IV) catheter market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
 
Market Summary: –
 
A peripheral intravenous catheter (PIVC) is a thin flexible tube that is placed into a vein in the arm or leg to deliver medications and nutritional supplements. Blood samples are also collected for diagnostic purposes. Short peripheral intravenous catheters (PIVCs) and integrated/closed catheters are the two types of peripheral intravenous (IV) catheters (PIVCs).
 
Over the last three decades, the diseases such as the cardiovascular, urological, and neurological disorders have surpassed cancer as the leading cause of death and morbidity worldwide. According to Department of Health figures from 2015, more than 40 percent of New York adults have a chronic ailment, and chronic diseases account for 23 percent of all hospitalizations in the state. Consequently, the market is expected to be driven by an increase in the use of peripheral intravenous catheters in the treatment of chronic disorders that lead to hospitalization within the forecasted period.
 
Major Players in Peripheral Intravenous (IV) Catheter Markets are:
 
  • BD (U.S.)
  • B. Braun Melsungen AG (German)
  • Smith Medical (U.S.)
  • Terumo Corporation (Japan)
  • Vygon (France)
  • ICU Medical, Inc (U.S.)
  • VOGT Medical (Germany)
  • RenovoRx, Inc (U.S.)
  • Retractable Technologies Inc (U.S.)
  • Nipro (Japan)
  • MedSource Labs (U.S.)
  • Argon Medical Devices, Inc (U.S.)
  • Intra Special Catheters GmbH (Germany)
  • Greiner Bio-One International GmbH (Austria)
  • Medical Components, Inc (U.S.)
  • Ares Medikal (Turkey)
  • ACE MEDICAL COMPANY (U.S.),
  • Merit Medical Systems (U.S.)
  • Heka s.r.l, (Italy)
  • RAUMEDIC AG (Germany)
  • Teleflex Incorporated (U.S.)
 
 
Peripheral Intravenous (IV) Catheter Market Dynamics
 
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
 
Drivers
 
  • Growing Requirement Across Healthcare
The increase in prevalence of chronic diseases and rise in population aging are the most significant factors driving the growth for this market. The rise in number of hospitalizations is also expected to accelerate the market’s overall growth.
 
Furthermore, the rise in focus on curtailing needle-stick injuries and high healthcare expenditure are also expected to fuel market growth. Moreover, the high adoption of safety ported short peripheral intravenous catheters also cushions the market’s growth within the forecasted period. The high adoption of these products in emerging economies is also projected to bolster the market’s growth.
 
Opportunities
 
  • Growing Technological Advancements
Moreover, the advancement in surgical and treatment technologies are estimated to generate lucrative opportunities for the market. Rise in awareness on advanced methods of treatment will further offer numerous growth opportunities for the market.
 
Restraints/Challenges Peripheral Intravenous (IV) Catheter Market
 
  • High Costs and Other Complications
On the other hand, high cost of peripheral intravenous (IV) catheters is expected to curb the market growth. Moreover, the various complications associated with peripheral intravenous catheter are .expected to obstruct the growth of the peripheral intravenous (IV) catheter market,
 
  • Dearth of Professionals
Also, the shortage of skilled professionals or lack of training for the use of peripheral IV catheters are projected to challenge the peripheral intravenous (IV) catheter market in the forecast period of 2022-2029.
 
  • Lack of Knowledge/ Awareness on Safe Usage
The inadequate information regarding the safe usage of peripheral intravenous (IV) catheter, further results in secondary infections due to needle stick injuries and HAIs leads to lower adoption of the peripheral intravenous catheters, which will hamper the growth. Moreover, the painful insertion associated with these catheters is estimated to hinder the market’s overall growth.
 
Peripheral Intravenous (IV) CatheterKey Benefits over Global Competitors:
 
  • The report provides a qualitative and quantitative analysis of the Peripheral Intravenous (IV) Catheter Market trends, forecasts, and market size to determine new opportunities.
  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
  • Top impacting factors major investment pockets are highlighted in the research.
  • The major countries in each region are analyzed and their revenue contribution is mentioned.
  • The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
 
Peripheral Intravenous (IV) Catheter Market Regional Analysis/Insights
 
The Peripheral Intravenous (IV) Catheter Market is analysed and market size insights and trends are provided by country, product and distribution channel as referenced above.
 
The countries covered in the Peripheral Intravenous (IV) Catheter Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
 
North America dominates the Peripheral Intravenous (IV) Catheter Market due to the rise in the product visibility across multi-retail outlets. Furthermore, the presence of large multinational companies concentrating their attention on providing superior quality hair care products including styling products, conditioner, color, and shampoo will further boost the growth of the Peripheral Intravenous (IV) Catheter Market in the region during the forecast period.
 
Asia-Pacific is projected to observe significant amount of growth in the Peripheral Intravenous (IV) Catheter Market due to the rise in the internet penetration and push of e-commerce companies. Moreover, the growing usage of premium hair care products is further anticipated to propel the growth of the Peripheral Intravenous (IV) Catheter Market in the region in the coming years.
 
Highlights of TOC:
 
Chapter 1: Market overview
 
Chapter 2: Global Peripheral Intravenous (IV) Catheter Market
 
Chapter 3: Regional analysis of the Global Peripheral Intravenous (IV) Catheter Market industry
 
Chapter 4: Peripheral Intravenous (IV) Catheter Market segmentation based on types and applications
 
Chapter 5: Revenue analysis based on types and applications
 
Chapter 6: Market share
 
Chapter 7: Competitive Landscape
 
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
 
Chapter 9: Gross Margin and Price Analysis
 
 
Global Peripheral Intravenous (IV) Catheter Market Scope
 
The peripheral intravenous (IV) catheter market is segmented on the basis of product type, technology, applications and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
 
Product Type
 
  • Short Peripheral Intravenous Catheters
  • Integrated/Closed PIVC
 
On the basis of product type, the peripheral intravenous (IV) catheter market is segmented into short peripheral IV catheters and integrated/closed PIVC. Short peripheral intravenous catheters are expected to occupy the larger market share due the various technological advancements within forecasted period.
 
Technology
 
  • Conventional PIVC
  • Safety PIVC
On the basis of technology, the peripheral intravenous (IV) catheter market is segmented into conventional PIVC and safety PIVC.
 
Applications
 
  • Oncology
  • Gastroenterology
  • Renal Diseases
  • Pediatric Diseases
  • Infectious Diseases
  • Others
 
On the basis of applications, the peripheral intravenous (IV) catheter market is segmented into oncology, gastroenterology, renal diseases, pediatric diseases, infectious diseases and others.
 
End User
 
  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Home Use
 
Key Questions Answered with this Study
 
1) What makes Peripheral Intravenous (IV) Catheter Market feasible for long term investment?
 
2) Know value chain areas where players can create value?
 
3) Teritorry that may see steep rise in CAGR Y-O-Y growth?
 
4) What geographic region would have better demand for product/services?
 
5) What opportunity emerging territory would offer to established and new entrants in Peripheral Intravenous (IV) Catheter Market?
 
6) Risk side analysis connected with service providers?
 
7) How influencing factors driving the demand of Peripheral Intravenous (IV) Catheterin next few years?
 
8) What is the impact analysis of various factors in the Global Peripheral Intravenous (IV) Catheter Market growth?
 
9) What strategies of big players help them acquire share in mature market?
 
10) How Technology and Customer-Centric Innovation is bringing big Change in Peripheral Intravenous (IV) Catheter Market?
 
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