Intravenous Catheter Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Peripheral Vein Catheter (PVC), Central Venous Catheter (CVC), Peripherally Inserted Central Catheter (PICC)); Application (Blood Transfusion, Drug Delivery, Saline Delivery, Others); End User (Hospitals, Clinics, Ambulatory Care Centers, Others) and Geography
Report Code: TIPRE00019620 | No. of Pages: 150 | Category: Medical Device | Status: Upcoming
MARKET INTRODUCTION
Intravenous catheters are inserted into a vein in a patient's body and positioned within the same either to deliver various therapeutics into the patient's bloodstream or to withdraw blood mainly for diagnostic testing. These catheters are thin tubes that are used to serve various medical purposes such as use in administration of medications, surgical procedures, removal of body fluids, and treating diseases. The catheters that are utilized to access the patient's vascular system through veins are known as intravenous catheters. Intravenous catheters are of various types but generally available in two different forms: midline peripheral catheters and central catheters.
MARKET DYNAMICS
The Intravenous catheters market has shown a significant evolution over the forecast period. The rise of the intravenous catheters market is driven by the rise in global incidence rates of chronic diseases such as diabetes, cancer, and acute infectious diseases, along with cardiovascular disorders. According to 2015 statistics by the Department of Health, more than 40% of New York adults suffer from a chronic disease, and chronic diseases are responsible for 23% of all hospitalizations in New York State. Six out of every 10 deaths in New York State are caused by chronic diseases. Rising awareness about the minimally invasive surgeries coupled with rising usage of advanced materials such as Teflon and polytetrafluoroethylene in product has also boosted its demand. Furthermore, the reimbursement policies related to catheters, such as reimbursement provided by Center for Medicare and Medicaid in the U.S., helps in expanding the market. However, risks and complications associated with the intravenous catheters may hinder the growth of the global intravenous catheter market.
MARKET SCOPE
The "Intravenous Catheters Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry's medical device, focusing on the global market trend analysis. This report outlines the intravenous catheters market with detailed market segmentation by product, application, and end-user. The intravenous catheters market is estimated to witness a high rise during the forecast period. It focuses on the vital statistics on leading players' market status in the intravenous catheters market and provides key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the product, application, and end user. Based on the product, the market is segmented as peripheral vein catheter (PVC), central venous catheter (CVC), and peripherally inserted central catheter (PICC). Based on the application, the segmentation of the market is into blood transfusion, drug delivery, saline delivery, and others. Based on end user, the segmentation of the market is into hospitals, clinics, ambulatory care centers, and others.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both quantitative and qualitative information. It offers a sketch and forecast of the intravenous catheters market based on various segments. The report also consists of market size and forecast estimates from the year 2020 to2028with respect to five main regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The intravenous catheters market by each region is then sub-segmented into respective countries and segments. It comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the intravenous catheters market from both the demand and supply sides. Furthermore, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also consists of precise PEST analysis for all five regions, namely, North America, Asia Pacific, Europe, Middle East, and Africa, and South & Central America, after assessing political, social, economic, and technological factors affecting the intravenous catheters market in these regions.
The report contains critical developments in the intravenous catheters market as inorganic and organic growth strategies. Several companies are pivoting on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Various such activities have paved the path for elaborating the business and customer base of market players. The market players from the intravenous catheters market are estimated to have profitable growth opportunities in the coming years with the higher demand for intravenous catheters market in the global market. Given below is the list of a few companies engaged in the intravenous catheters market.
The report also offers key players' profiles in the intravenous catheters market, along with their SWOT analysis and market strategies. Also, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
The Insight Partner's dedicated research and the analytical team comprises of experienced professionals with advanced statistical expertise and offers several customization options in the current report.
Intravenous catheters are inserted into a vein in a patient's body and positioned within the same either to deliver various therapeutics into the patient's bloodstream or to withdraw blood mainly for diagnostic testing. These catheters are thin tubes that are used to serve various medical purposes such as use in administration of medications, surgical procedures, removal of body fluids, and treating diseases. The catheters that are utilized to access the patient's vascular system through veins are known as intravenous catheters. Intravenous catheters are of various types but generally available in two different forms: midline peripheral catheters and central catheters.
MARKET DYNAMICS
The Intravenous catheters market has shown a significant evolution over the forecast period. The rise of the intravenous catheters market is driven by the rise in global incidence rates of chronic diseases such as diabetes, cancer, and acute infectious diseases, along with cardiovascular disorders. According to 2015 statistics by the Department of Health, more than 40% of New York adults suffer from a chronic disease, and chronic diseases are responsible for 23% of all hospitalizations in New York State. Six out of every 10 deaths in New York State are caused by chronic diseases. Rising awareness about the minimally invasive surgeries coupled with rising usage of advanced materials such as Teflon and polytetrafluoroethylene in product has also boosted its demand. Furthermore, the reimbursement policies related to catheters, such as reimbursement provided by Center for Medicare and Medicaid in the U.S., helps in expanding the market. However, risks and complications associated with the intravenous catheters may hinder the growth of the global intravenous catheter market.
MARKET SCOPE
The "Intravenous Catheters Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry's medical device, focusing on the global market trend analysis. This report outlines the intravenous catheters market with detailed market segmentation by product, application, and end-user. The intravenous catheters market is estimated to witness a high rise during the forecast period. It focuses on the vital statistics on leading players' market status in the intravenous catheters market and provides key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the product, application, and end user. Based on the product, the market is segmented as peripheral vein catheter (PVC), central venous catheter (CVC), and peripherally inserted central catheter (PICC). Based on the application, the segmentation of the market is into blood transfusion, drug delivery, saline delivery, and others. Based on end user, the segmentation of the market is into hospitals, clinics, ambulatory care centers, and others.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both quantitative and qualitative information. It offers a sketch and forecast of the intravenous catheters market based on various segments. The report also consists of market size and forecast estimates from the year 2020 to2028with respect to five main regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The intravenous catheters market by each region is then sub-segmented into respective countries and segments. It comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the intravenous catheters market from both the demand and supply sides. Furthermore, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also consists of precise PEST analysis for all five regions, namely, North America, Asia Pacific, Europe, Middle East, and Africa, and South & Central America, after assessing political, social, economic, and technological factors affecting the intravenous catheters market in these regions.
The report contains critical developments in the intravenous catheters market as inorganic and organic growth strategies. Several companies are pivoting on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Various such activities have paved the path for elaborating the business and customer base of market players. The market players from the intravenous catheters market are estimated to have profitable growth opportunities in the coming years with the higher demand for intravenous catheters market in the global market. Given below is the list of a few companies engaged in the intravenous catheters market.
The report also offers key players' profiles in the intravenous catheters market, along with their SWOT analysis and market strategies. Also, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
- Terumo Corporation
- B. Braun Melsungen AG
- Smiths Medical
- BD (Becton, Dickenson and Co.)
- Teleflex Incorporated.
- PRODIMED
- Vygon SAS
- Argon Medical Devices Inc.
- Vascular Pathways Inc.,
- VIGMED AB.
The Insight Partner's dedicated research and the analytical team comprises of experienced professionals with advanced statistical expertise and offers several customization options in the current report.
The List of Companies
1. Terumo Corporation
2. B. Braun Melsungen AG
3. Smiths Medical
4. BD (Becton, Dickenson and Co.)
5. Teleflex Incorporated.
6. PRODIMED
7. Vygon SAS
8. Argon Medical Devices Inc.
9. Vascular Pathways Inc.,
10. VIGMED AB.
1. Terumo Corporation
2. B. Braun Melsungen AG
3. Smiths Medical
4. BD (Becton, Dickenson and Co.)
5. Teleflex Incorporated.
6. PRODIMED
7. Vygon SAS
8. Argon Medical Devices Inc.
9. Vascular Pathways Inc.,
10. VIGMED AB.
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