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Needle-free IV Connectors Market is Estimated to be Valued at $ 755.8 Million in 2021, Globally at a CAGR of 10.3% by the end of 2028 |Baxter International, B. Braun Melsungen AG, Becton

December 20th, 2021 Coherent Market Insights Releases

Overview:

Needle-free IV connector is a system that administers medication through an IV access device without needing a needle connection. The needle-free IV connectorsโ€™ manufacturers are focusing on development of new products for consumers. Based on the internal functions and characteristics of parts, these connectors are divided into complex and simple. The use of needle-free IV connectors facilitates infusion for patients and care providers, as well as the possibilities of needle-stick injury are reduced with the use of these products during the surgical procedures in health care workers, and it also reduces risk of microbial and bacterial contamination as these needle-free IV connectors are one-use products.

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Drivers:

Growing demand for needle-free IV connectors for preventing needle-stick injuries by healthcare staff is also expected to augment growth of the global Needle-free IV Connectors market during the forecast period. For instance, in December 2013, the Centers for Disease Control and Prevention (CDC) reported needle stick injuries accounted for nearly 385,000 injuries among healthcare workers in the U.S.

Increasing government funding and investment for improvement of healthcare infrastructure, growing awareness regarding use of needle-free IV connectors in healthcare practitioners and people is expected to boost growth of the global needle-free IV connectors market during the forecast period. For instance, in 2013, Center for Disease Control and Prevention (CDC) and the National Healthcare Safety Network (NHSN) built guidelines to prevent central-line related bloodstream infections.

Rising cases of blood borne disorders such as hepatitis B and C and deaths related to them due to inappropriate needles use is expected to drive growth of the global needle-free IV connectors market during the forecast period. For instance, in 2014, the World Health Organization (WHO) reported that incorrect of use of needles and syringes causes nearly 1.3 million deaths across the globe every year, which is preventable with the use of needle-free IV connectors.

Restraints:

Product failures leading to product recall, inadequate knowledge regarding handling of product, and component inconsistency are the factors expected to hinder growth of the global needle-free IV connectors market during the forecast period. For instance, the U.S. FDA recalled CareFusion MaxPlus Clear Needleless Connector of Becton Dickinson & Company in May 2019, due to connectorโ€™s loose fitting with luer, which increases chances of blood loss plus air bubble formation in the blood stream that could unpredictably cause harm to the patient.

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Regional Insights:

Among regions, North America is expected to witness significant growth in the global needle-free IV connectors market during the forecast period, owing to growing number of chronic diseases and increasing old age population in the region. For instance, in 2016, the Centers for Disease Control and Prevention (CDC) reported that chronic health conditions affects around 50% of adults, which accounts for around 117 million people in the U.S.

Moreover, Europe is also expected to witness strong growth in the needle-free IV connectors market during the forecast period due to increasing number of chronic diseases. For instance, in 2014, the World Health Organization (WHO) estimated, chronic disease affected around one-third of the population aging above 15 years in Europe and 2 out of 3 people in the age group of 60 were affected with minimum two chronic disorders.

Detailed Segmentation:

Global Needle-free IV Connectors Market, By Design Type:

    • Straight Channel
    • T-channel
    • Y-channel
    • Multi-channel

Global Needle-free IV Connectors Market, By Mechanism:

    • Positive
    • Negative
    • Neutral

Global Needle-free IV Connectors Market, By Dwell Time:

    • Seven-day
    • Other than Seven-day

Global Needle-free IV Connectors Market, By End User:

    • Hospitals
    • Ambulatory Surgical Centers
    • Others

Major Players:

Major players active in the global needle-free IV connectors market are B. Braun Melsungen AG, Dickinson and Company, ICU Medical, Inc., RyMed Technologies LLC, Vygon S.A., Baxter International Inc., Becton, CareFusion Corporation, and Nexus Medical LLC.

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๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐จ ๐€๐ฏ๐š๐ข๐ฅ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐…๐ซ๐จ๐ฆ ๐Ÿ๐Ÿ“-๐Ÿ‘๐ŸŽ% ๐ญ๐ข๐ฅ๐ฅ ๐Ÿ‘๐Ÿ-๐ƒ๐ž๐œ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ

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Table of Content

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Design Type
      • Market Snippet, By Mechanism
      • Market Snippet, By Dwell Time
      • 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
    • Market Trends
    • New Product Approvals/Launches
    • Epidemiology Analysis
    • Reimbursement Scenario
    • Regulatory Scenario
    • Merger and Acquisitions
    • Technology Advancements
    • Government Initiatives and Investments
    • Porterโ€™s Analysis
  4. Global Needle-free IV Connectors Market, By Design Type, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Straight channel
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • T-channel
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Y-channel
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Multi-channel
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
  5. Global Needle-free IV Connectors Market, By Mechanism, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Positive
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Negative
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Neutral
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
  6. Global Needle-free IV Connectors Market, By Dwell Time, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Seven-day
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Other than Seven-day
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
  7. Global Needle-free IV Connectors Market, By End User, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Million)
  8. Global Needle-free IV Connectors Market, By Region, 2019 – 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 โ€“ 2027
      • Regional Trends
    • North America
      • Market Size and Forecast, By Design Type, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Mechanism, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Dwell Time, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 โ€“ 2027, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Design Type, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Mechanism, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Dwell Time, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 โ€“ 2027, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Design Type, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Mechanism, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Dwell Time, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 โ€“ 2027, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Design Type, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Mechanism, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Dwell Time, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 โ€“ 2027, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Market Size and Forecast, By Design Type, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Mechanism, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Dwell Time, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2019 โ€“ 2027, (US$ Million)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Design Type, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Mechanism, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Dwell Time, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2019 โ€“ 2027, (US$ Million)
      • Market Size and Forecast, By Country/Region, 2019 โ€“ 2027, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Baxter International, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • B. Braun Melsungen AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Becton, Dickinson and Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • CareFusion Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • ICU Medical, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Nexus Medical, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • RyMed Technologies, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Vygon S.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
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