The Global IV Infusion Pump Accessories Market is expected to witness a CAGR of approximately 5.9% over the forecast period, 2020-2027.
The Qualiket Research offers detailed analysis of Global IV Infusion Pump Accessories Market along with market drivers, market restraints, opportunities, threats, and their impact on the demand over the forecast period. The Global IV Infusion Pump Accessories Market report includes the impact of COVID-19 and impact of lock down on the revenue of market leading players, followers, and disrupters.
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IV infusion pump accessories are medical devices which are used to convey solutions and fluids into body of patient in controlled measurement. Infusion pumps are classified on the basis of use such as Stationary use and portable use. The infused fluids are nutrients or medications which are important for therapeutics or medical treatments. IV infusion pump accessories categorized into various product types such as into IV Infusion Sets, IV Infusion Lines, IV Catheters, IV Cannulas, and Needleless Connectors.
Market Drivers
The increase in incidence of chronic diseases such as Cancer, Diabetes, and gastrointestinal issues is a key driving factor expected to boost the global IV infusion pump accessories market growth. Furthermore, the rise in geriatric population across the globe is expected to propel the global IV infusion pump accessories market growth. Also, the increase in demand for IV infusion pump accessories in home care settings will significantly influence the market growth. Moreover, the increase in awareness towards home healthcare, and numerous application of IV infusion pumps is expected to drive the demand of IV infusion pump accessories during this forecast timeline.
Regional Analysis
The North America is expected to hold largest market share in the IV infusion pump accessories market The large market share of this region can primarily be attributed the increase in adoption of IV infusion pumps and accessories for the treatment of chronic diseases, the increase in prevalence of chronic diseases, the rise in geriatric population, and availability of many large hospitals in this region. Further, Asia Pacific is expected to grow at the fastest rate during this forecast period.
Impact of COVID-19
The increase in outbreak of COVID-19 expected to positively influence the global IV infusion pump accessories market growth. The Qualiket Research provides detailed COVID-19 Impact analysis on Global IV infusion pump accessories market.
Market Segmentation
The Global IV Infusion Pump Accessories Market is segmented into product type, application, and region.
Based on the product type, the IV infusion pump accessories market is categorized into IV Infusion Sets, IV Infusion Lines, IV Catheters, IV Cannulas, and Needleless Connectors.
Based on the application, the IV infusion pump accessories market is categorized into Homecare Settings, Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, and Others.
Based on the region, the IV infusion pump accessories market is categorized into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key operating players are discussed in this report such as Medtronic Plc., Terumo, Baxter International, Fresenius Kabi, Becton Dickinson, B. Braun Melsungen, MOOG INC., NIPRO CORPORATION, SMITHS MEDICAL, ROCHE DIAGNOSTICS, TELEFLEX, INC.and ICU MEDICAL, INC,
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Key Features
- Qualiket Research delivers a comprehensive view one global IV infusion pumps accessories market and analysis of Porter’s Five Forces Model for the market.
- The study provides an in-depth analysis of the global IV infusion pumps accessories market with current trends and future estimations from 2020 to 2027.
- Key players are profiled with their strategies are analyzed thoroughly to understand the competitive outlook of the global IV infusion pumps accessories market.
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