A new market study is released on Peripheral Intravenous (IV) Catheter Market 2021-2028 with data Tables for historical and forecast years represented with Charts and Graphs with easy to understand detailed analysis.

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.

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.

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.

Some of the major players operating in the peripheral intravenous (IV) catheter market are:

BD (U.S.)
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 Country Level Analysis

North America (United States, Canada & Mexico)
Asia-Pacific (Japan, China, India, Southeast Asian Countries & Australia etc.)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands & Belgium etc.)
Central & South America (Brazil, Argentina, LATAM etc.)
Middle East & Africa (United Arab Emirates, Qatar, Saudi Arabia, Israel & South Africa etc.)

Peripheral Intravenous (IV) Catheter Market Table of Content:

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX

Reasons to Get this Report:

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Key Questions Answered

What impact does COVID-19 have made on Global Peripheral Intravenous (IV) Catheter Market Growth & Sizing?
Who are the Leading key players and what are their Key Business plans in the Global Peripheral Intravenous (IV) Catheter Market?
What are the key concerns of the five forces analysis of the Global Peripheral Intravenous (IV) Catheter Market?
What are different prospects and threats faced by the dealers in the Global Peripheral Intravenous (IV) Catheter Market?
What are the strengths and weaknesses of the key vendors?