According to Arizton’s latest focus insight report, the IV catheters market is growing at a CAGR of 5.04% during 2023-2029.
To Know More, Download the Free Sample Report: https://www.focusreports.store/request-sample/global-iv-catheters-market-focused-insights
IV Catheters Market Report Scope
Report Attributes
Details
Market Size (2029)
$6.6 Billion
Market Size (2023)
$4.9 Billion
CAGR (2023-2029)
5.04%
Historic Year
2020-2021
Base Year
2022
Forecast Year
2023-2029
In 2023, the global intravenous catheters market was dominated by North America, with a share of 33.45%. This region has a large presence of major vendors offering various IVCs to patients of various age groups. Further, this growing usage of IVCs in the region is being contributed by advanced healthcare infrastructure and growing awareness regarding the safety of IVCs. Europe is expected to witness the highest incremental growth of $513.50 million, and APAC is expected to record the highest absolute growth of 41.05% during the forecast period.
With growing advancements and the need to reduce needlestick injuries, vendors are offering safety PIVCs and conventional PIVCs, competing based on cost, safety features, convenient use, marketing strategies, and distribution channels. The key vendors in the market include BD, Smith Medical, Vygon, B. Braun Melsungen AG, Teleflex, Terumo, and Shanghai Puyi Medical Instruments. Though major players dominate the market, others also focus on continuously developing low-cost and conventional PIVCs. In addition, a few regional companies are also coming into existence with innovative products and technologies. For instance, retrieving needles automatically after usage by retractable technologies is gaining traction among end-users.
Moreover, vendors, especially global players, are increasingly pursuing inorganic growth strategies such as acquisitions and strategic partnerships to expand their presence, enhance product portfolio, and improve expertise in the market. For instance, Smith’s Medical acquired Access Scientific, a broad-spectrum vascular access and infection prevention company that manufactures POWERWAND midline and extended dwell catheters. BD acquired Velano Vascular, whose needle-free technology enables high-quality blood draws from existing PIVC lines.
SEGMENTATION & FORECAST
VENDORS LIST
Buy this Research @ https://www.focusreports.store/report/global-iv-catheters-market-focused-insights
Key Questions Answered in the Report:
How big is the global IV catheters market?
What is the projected growth rate of the global IV catheters market?
Which region holds the most significant global IV catheter market share?
What are the drivers in the global IV catheters market?
Who are the key players in the global IV catheters market?
Table of Contents
CHAPTER – 1: IV Catheters Market Overview
CHAPTER – 2: IV Catheters Market
CHAPTER – 3: IV Catheters Market Segmentation Data
CHAPTER – 4: Key Regions Overview
CHAPTER – 5: IV Catheters Market Prospects & Opportunities
CHAPTER – 6: IV Catheters Industry Overview
CHAPTER – 7: Appendix
About Focused Reports by Arizton
Welcome to Focused Reports, an esteemed Arizton Advisory & Intelligence subsidiary committed to delivering precise and insightful market research reports across all key geographies. Our unique selling proposition lies in our affordable pricing, accurate data, in-depth research, and presentation-ready reports. With us, expensive market research is a thing of the past. We aim to be strategic, providing valuable data. Focus Reports is where folks come to name their ideas, create a compelling brand and a great-looking website, and attract customers with digital and social marketing.
Media ContactCompany Name: Arizton Advisory & Intelligence Contact Person: JessicaEmail: Send EmailPhone: +1 3122332770Country: United StatesWebsite: https://www.focusreports.store/report/global-iv-catheters-market-focused-insights
