SEATTLE, July 30, 2021, (MEDGADGET) — Global Peripheral Intravenous Catheter Market Analysis

Impact of COVID-19 Pandemic

The COVID-19 virus has spread to over 100 countries since its occurrence in December 2019, leading the World Health Organization to declare a public health emergency to it. As of January 25, 2021, the manifestation of coronavirus disease (COVID-19) has resulted in more than 99.2 million affected individuals worldwide, according to a World Health Organization survey.

COVID-19 has the potential to change the economy in three ways: actively disrupting supply and consumption, causing sales chain delays, and having a financial impact on businesses and financial markets. Several countries, including India, China, Egypt, Saudi Arabia, the UAE, and others, are experiencing difficulties transporting drugs and equipment from one country to another due to national lockdowns.

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Furthermore, the COVID-19 pandemic is posing significant threats to players in the global peripheral intravenous catheter market on a number of fronts. The procurement of raw materials needed for producing peripheral intravenous catheters is a major challenge due to transportation facility irregularities. Furthermore, owing to an increase in the number of patients suffering from COVID-19 and other life-threatening diseases, product manufacturers are facing irregular demand from retailers.

Overview

The peripheral intravenous catheter (PIVC) is a thin flexible conduit that is used to access the veins. This is a tube that is implanted into a vein in the arm or leg to administer medications and dietary supplements. It is commonly used to gather blood samples for medical purposes. Quick PIVCs (peripheral intravenous catheters) and integrated/closed catheters are the two forms of PIVCs. In most cases, the peripheral intravenous catheter is implanted into the lower arm or the back of the wrist.

In 2020, the global peripheral intravenous catheter market is projected to be worth US$ 4,881.1 million, growing at a CAGR of 6.4 percent over the forecast period (2020-2027).

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Drivers

Over the forecast period, the rising prevalence of chronic diseases is expected to accelerate growth of the global peripheral intravenous catheter market.

The use of peripheral intravenous catheters in the treatment of chronic diseases such as cancer, cardiovascular disease, and others is projected to fuel growth of the global peripheral intravenous catheter market over the forecast period. As per a survey released by the World Health Organization (WHO) in February 2018, cancer was the second-leading cause of death worldwide in 2018, with 18.1 million new cases and 9.6 million deaths. According to the study, about 70% of cancer deaths occur in low and middle-income countries, and cancer is responsible for one out of every six deaths worldwide.

Heart disease is also the primary cause of death in the U.S., according to the Centers for Disease Control and Prevention (CDC). The same article added that the heart attack claims the lives of about 647,000 Americans per year.

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Market Taxonomy

• According to the type of product,

Closed / Integrated PIVC

Short PIVC: Non-ported PIVC, Ported PIVC

• According to the technology,

Safety

Conventional

• According to the type of end-user,

Home Use

Hospitals

Clinics

Ambulatory Surgical Centers

Others

Over the forecast period, the market is expected to expand due to the rising prevalence of integrated/closed peripheral intravenous catheters.

Internal stresses on the vein are reduced as workers manoeuvre the catheter to bind the extension collection of integrated peripheral intravenous catheters. Following insertion, articulated catheters have external fluid tubing connections, or direct injections are performed via the dedicated port, which is slightly upstream of the catheter, minimizing movement of the catheter body toward the internal vein surface. Less activity can therefore be essential in reducing inflammation of the vessels’ tunica intima, which reduces vessel swelling and, as a result, painful oedema, occlusion, or infiltration.

Since the extension tubing is a built-in component, the incorporated peripheral intravenous catheter reduces the chance of leakage and infection through eliminating disconnection and manipulation, as well as unintentional disconnection. The surface of these catheters is flat/rectangular against the skin, with a round/half-cylindrical outline at the tip. Furthermore, as opposed to standard completely cylindrical-shaped catheters, integrated peripheral catheters exert less external pressure on the vein, resulting in less inflammation, internal swelling, and occlusion.

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Restraint

The global peripheral intravenous catheter market is expected to be hampered by complications associated with the peripheral intravenous catheter and a lack of preparation for the use of peripheral IV catheters.

Key Players

Key companies contributing in the global peripheral intravenous catheter market are Terumo Corporation, Smith Medical, VOGT MEDICAL, Retractable Technologies, Dickinson and Company, Vygon Group, Becton, ICU Medical, B. Braun Melsungen AG, Teleflex, RenovoRx, Velano Vascular Inc., and Tangent Medical.

Table of Contents

1. Research Objectives and Assumptions
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Purview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Product Type
     • Market Snippet, By Technology
     • Market Snippet, By End User
     • Market Snippet, By Region
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Impact Analysis
   • Key Highlights
   • Regulatory Scenario
   • Product Launch and Approvals
   • PEST Analysis
   • PORTER’s  Analysis
   • Merger and Acquisition Scenario
   • Company Share Analysis
4. Global Peripheral Intravenous Catheter Market – Impact of Coronavirus (Covid-19) Pandemic
   • COVID-19 Epidemiology
   • Supply Side and Demand Side Analysis
   • COVID-19 Impact on Overall Healthcare Sector
   • Guidelines and Use of Vascular Access Devices in COVID-19 Patients
5. Global Peripheral Intravenous Catheter Market, By Product Type, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Short PIVC
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
       • Ported PIVC
       • Non-ported PIVC
   • Integrated/Closed PIVC
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
6. Global Peripheral Intravenous Catheter Market, By Technology, 2016 – 2027, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Conventional
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
   • Safety
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
7. Global Peripheral Intravenous Catheter Market, By End User, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
   • Introduction
     • Market Share Analysis, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, 2017 – 2027
     • Segment Trends
   • Hospitals
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
   • Clinics
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
   • Ambulatory Surgical Centers
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
   • Homecare Settings
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
8. Global Peripheral Intravenous Catheter Market, By Region, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
   • Introduction
     • Market Share Analysis, By Region, 2020 and 2027 (%)
     • Y-o-Y Growth Analysis, For Regions, 2017–2027
   • North America
     • Market Size and Forecast, By Product Type, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Technology, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By End User, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Country, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
       • The U.S.
       • Canada
   • Latin America
     • Market Size and Forecast, By Product Type, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Technology, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By End User, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Country, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
       • Brazil
       • Mexico
       • Argentina
       • Rest of Latin America
   • Europe
     • Market Size and Forecast, By Product Type, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Technology, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By End User, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Country, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
       • Germany
       • The U.K.
       • France
       • Italy
       • Spain
       • Russia
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast, By Product Type, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Technology, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By End User, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Country, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
       • China
       • India
       • Japan
       • Australia
       • South Korea
       • ASEAN
       • Rest of Asia Pacific
   • Middle East
     • Market Size and Forecast, By Product Type, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Technology, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By End User, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Country, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
       • GCC
       • Israel
       • Rest of the Middle East
   • Africa
     • Market Size and Forecast, By Product Type, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Technology, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By End User, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
     • Market Size and Forecast, By Country/Region, 2016 – 2027, Value (US$ Mn) and Volume ((No. of Million Units)
       • South Africa
       • Central Africa
       • North Africa
9. Competitive Landscape
   • Heat Map Analysis
   • Company Profiles
   • Analyst Views
10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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