The IV Equipment market is expected to USD 16,830.42 million by 2025 at a CAGR of 6.33% from 2019 to 2025.
The demand within the worldwide marketplace for IV equipment has been growing on account of the increasing frequency of chronic diseases that necessitate intravenous therapy. The sector of medical sciences has been suffering key advancements in recent times, and this has controlled the induction of the latest healthcare devices and systems in mainstream medicine. Intravenous therapy mentions to the utilization of infusions to deliver desired liquid medications to the veins. In common terms, intravenous infusions are referred to as drips and are extensively used across hospitals and healthcare centers. Intravenous therapy is that the combination of liquid constituents directly into a vein. Intravenous means within the vein. vessel infusions are typically detected as drips. The vessel route is the fastest because of delivering fluids and medications everywhere the body.
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The global IV Equipment market has been segmented as below:
By End-User
Ambulatory Care Centers
Home Care
Ambulatory Care Centers
By Product
Stopcocks & Check Valves
Drip Chambers
Needleless Connectors
Other IV Equipment
IV Catheters
Administration Sets
Infusion Pumps
Securement Devices
By Region
North America
Europe
Asia-Pacific
Rest of the World
Competitive Rivalry
Braun Melsungen AG (Germany), Baxter Interanl Inc. (U.S.), Fresenius SE & Co. KGaA (Germany), ICU Medical, Inc. (U.S.), Smiths Medical (U.K.), C. R. Bard, Inc. (U.S.), Terumo Corporation (Japan), Moog, Inc. (U.S.), AngioDynamics, Inc. (U.S.), and others are among the major players in the global IV Equipment market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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