An intravenous access device, which is placed beneath the skin, allows the drug to be given directly into large veins. As clotting is less common in large veins, intravenous access devices can be kept intact for extended periods of time. Intravenous access devices are short, flexible tubes that are implanted in large veins for persons who need continuous bloodstream access. As they obtain access to veins without the requirement of a deep needle stick, such devices are also known as catheters or venous access ports. Intravenous access devices are often implanted in one of the large veins of the neck or chest, in which they can remain for a long period of time.
The global intravenous access devices market size in 2019 was worth US$ 39,834.8 Mn and is expected to exhibit a 6.7% CAGR during the forecast period 2019 – 2027.
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The increased product releases is expected to propel the global intravenous access devices market growth over the forecast period.
The global intravenous access devices market is expected to grow during the forecast period due to the new product introductions. For instance, Access Scientific LLC, an infection prevention firm that produces vascular access devices meant to lower the risk of vascular device-related issues, introduced the new POWERWAND ED, a quick venous access device, in 2017.
Moreover, B. Braun Medical Inc. launched the STEADYCARE Extension Set with Wedge Catheter Stabilizer in 2016 to increase catheter stability and prevent catheter-related problems.
Global Intravenous Access Devices Market- Restraints
The lengthy hospitalization necessary prior to the insertion of the intravenous access device, as well as the time-consuming process of placing the device, are expected to hamper the global intravenous access device market growth over the forecast period.
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Global Intravenous Access Devices Market- Regional Insights
The global intravenous access devices market is divided into Africa, Latin America, Europe, the Middle East, Asia Pacific, and North America. Due to the major companies such as Teleflex, Inc., Becton, Dickinson and Company, C.R. Bard, Inc., Smiths Medical, Inc., Baxter International Inc., and Hospira, Inc., operating in the U.S., the North America region accounts for the largest share in the global intravenous access devices market.
Due to rising incidence of lifestyle conditions such as diabetes, Asia Pacific is the fastest expanding region in the global intravenous access devices market. According to the World Health Organization (WHO), around 110 million individuals in China had diabetes in 2016, with the figure expected to grow to 150 million by 2040 owing to unhealthy lifestyles and insufficient physical exercise.
Global Intravenous Access Devices Market- Competitive Landscape
Some of the major players operating in the global intravenous access devices market are Covidien Plc, C.R. Bard, Inc., Smiths Medical, Inc., Teleflex, Inc., Fresenius Medical Care, Baxter International Inc., Fresenius Medical Care AG & Co., Becton, Dickinson, and Company, and Hospira, Inc.
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Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Catheter Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Porter’s Analysis
- PEST Analysis
- Market Dynamics
- Global Intravenous Access Device Market, By Product Type, 2019 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- IV Catheters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- IV Infusion Pumps
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- IV Needles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- Introduction
- Global Intravenous Access Device Market, By Catheter Type, 2019 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Midline Peripheral Catheters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- Peripherally Inserted Central Catheters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- Centrally Inserted Central Catheters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- Introduction
- Global Intravenous Access Devices Market, By End User, 2019 – 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospital and Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- Ambulatory Surgery Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027 , (US$ Million)
- Introduction
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