In global IV equipment market North America accounted for largest share, followed by Europe, Asia-Pacific, Latin America, & Middle East and Africa. This large share of North American region can be attributed to rising geriatric population, increasing prevalence of chronic diseases, presence of a well-established healthcare industry, growing demand for advanced medical treatments, presence of major players, & increasing government healthcare expenditure.
The IV equipment market expected to grow at a CAGR of 6.2% from 2017 to 2022, to reach USD 13.63 billion by 2022 from USD 10.07 billion in 2017. Market growth can be attributed to a number of factors such as the increasing incidence of chronic diseases, rapid growth in the aging population, and growing number of surgical procedures.
Complete Report on IV Equipment Market spread across 166 Pages, Profiling 10 Companies and Supported with 102 Tables and 38 Figures is now available at http://www.reportsnreports.com/reports/1020863-iv-equipment-market-by-product-infusion-pump-catheter-solution-and-blood-administration-set-securement-device-cannula-stopcock-needleless-connector-end-user-hospitals-clinics-homecare-ambulatory-care-c-st-to-2022.html .
IV equipment market segmented into IV catheters, administration sets, infusion pumps, securement devices, stopcocks & check valves, drip chambers, needleless connectors. Securement devices segment expected to grow at highest CAGR during forecast period. This can be attributed to the increasing healthcare expenditure and rising demand for minimally invasive surgeries.
- Medical device manufacturers and distributors
- Research and development institutions
- Hospitals and ambulatory surgery centers
- Market research and consulting firms
- Venture capitalists and investors
- Government organizations
In this report, IV equipment market segmented on basis of product, end user, & region. Based on product, market is segmented into IV catheters, administration sets, infusion pumps, securement devices, stopcocks & check valves, drip chambers, needleless connectors, & IV equipment (luer adapters, cannula, capping systems, spikes, needles, clamping systems, & IV stands). In 2016, IV catheters accounted for largest share of global IV equipment market.
Click Now for PDF Sample Download of this Study Report
Objective of IV equipment market report to define, describe, & forecast market on basis of product, end user, & region. It provides detailed information regarding major factors influencing growth of market. Drivers, restraints, opportunities, challenges, & trends in market have also been taken consideration while preparing this report. This report also tracks & analyzes competitive developments of key players in terms of market developments, product portfolios, market share analysis, & financials.
IV equipment market drivers
1 Increasing Incidence of Chronic Diseases and Rising Geriatric Population
2 Growing Number of Surgical Procedures Performed
3 Rising Demand for Ambulatory Infusion Pumps Due to the Growing Home Care Market
4 Rising Number of Needlestick Injuries and Infections
The global IV equipment market ecosystem comprises of the following players, namely, Becton, Dickinson and Company (U.S.), B. Braun Melsungen AG (Germany), Baxter International Inc. (U.S.), Fresenius SE & Co. KGaA (Germany), ICU Medical, Inc. (U.S.), Smiths Medical (U.K.), Moog, Inc. (U.S.), Terumo Corporation (Japan.), C. R. Bard, Inc. (U.S.), and AngioDynamics, Inc. (U.S.).
Connect for More Details for Discount and More Information “IV Equipment Market by Product (Infusion Pump, Catheter, Solution and Blood Administration Set, Securement Device, Cannula, Stopcock, Needleless Connector), End User (Hospitals & Clinics, Homecare, Ambulatory Care Center) – Global Forecast to 2022” report @ http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1020863 .
The IV equipment market in this report segmented by product, end user, and region. It provides detailed information regarding major factors influencing growth market (drivers, restraints, opportunities, challenges, & trends). Study tracks & analyzes competitive developments like include product launches; agreements & collaborations; expansions; & acquisitions, & profiles key players & comprehensively analyzes their market shares & core competencies in IV equipment market.