Iv Tubing Sets And Accessories Market 2022 – 2031
New Study Reports “Iv Tubing Sets And Accessories Market 2022 Global Market Opportunities, Challenges, Strategies and Forecasts 2031” has been Added on PMR.
Introduction/Report Summary:
This report provides in depth study of “Iv Tubing Sets And Accessories Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. Iv Tubing Sets And Accessories Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Rising geriatric population across regions is expected to drive demand for IV tubing sets and accessories, since people aged above 60 years are at a high risk of developing cancer. As indicated by a World Health Organization (WHO) report, around 23.6 million new instances of chronic diseases are projected to be accounted for worldwide by 2031. High occurrence of chronic diseases, for example, malignant diseases and kidney problems, demand for expanding diagnostic and therapeutic procedures, including dialysis.
Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/20608
Key players in the market are focusing on production of advanced tubing sets using medical and pharmaceutical-grade silicones and thermoplastics as raw material in order to deliver increasing level of performance. Increasing demand for smaller devices made from micro components and tubing in order to meet demand requirements in minimal invasive procedures is anticipated to provide large opportunities for market players.
The global IV tubing sets and accessories market is estimated to be valued at US$ 1.7 Bn in 2021, and is expected to exhibit a CAGR of close to 5% over the forecast period (2021 – 2031).
Company Profiles:
- Baxter International Inc.
- Hospira Inc. (Pfizer Inc.)
- Becton, Dickinson Company (CareFusion)
- B. Braun Melsungen AG
- Fresenius Kabi AG
- Smiths Medical
- C.R. Bard, Inc.
- ICU Medical Inc.
- Zyno Medical
- Nipro Corporation
- Poly Medicure Ltd.
Request for Methodology@ https://www.persistencemarketresearch.com/methodology/20608
Key Takeaways from Market Study
- Primary IV tubing sets held maximum value in the market, owing to rising number of chronic diseases leading to increased medical procedures.
- Adults, by age group, are expected to hold maximum share in 2021, due to increasing unhealthy lifestyle habits.
- By application, peripheral intravenous catheter insertion captured a notable revenue share of more than half of all the applications in IV tubing sets and accessories.
- Owing to the rising cancer cases requiring surgeries, hospitals are expected to experience lucrative growth among all end users at a CAGR of 5%.
- North America accounted a share of around 30% in 2020, and is expected to show significant growth over the next ten years.
- Europe is the next dominating region with a market share of 25% in 2020, due to its flourishing medical devices industry.
“Increasing geriatric population, rising number of medical procedures, rising chronic diseases, and advanced tubing technology are expected to drive market growth,”says a Persistence Market Research analyst.
Access Full Report@ https://www.persistencemarketresearch.com/checkout/20608
Increase in Product Launch – Imperative Strategy for Market Players
To sustain in the market, manufacturers are working toward the development of innovative products that are not only suitable and required for various medical procedures but also for increasing the comfort level of patients. This is because, when the patient is comfortable, he will be more co-operative throughout the procedure. Furthermore, as kidney disorders affect different people, for every patient, there is a need for customization and development of products that can easily be utilized for dialysis. Thus, most manufactures are focused on the development and approval of new products.
- For instance, in 2021, the American Diabetes Association and the Baxter International Foundation partnered in a health equity initiative to address barriers to diabetes management.
Iv Tubing Sets And Accessories Market – Report Highlights
- A detailed overview of parent market of Iv Tubing Sets And Accessories Market
- Changing Iv Tubing Sets And Accessories Market dynamics in the industry
- In-depth segmentation of the Iv Tubing Sets And Accessories Market
- Historical, current, and projected Iv Tubing Sets And Accessories Market size regarding volume and value
- Recent industry trends and developments in Iv Tubing Sets And Accessories Market
- Competitive landscape of the Iv Tubing Sets And Accessories Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Iv Tubing Sets And Accessories Market performance
- Must-have information for Iv Tubing Sets And Accessories Market players to sustain and enhance their market footprint
Best Research Report for You-
The global medical spa market is expected to expand at an impressive CAGR of more than 15% over the next ten years, and be valued at over US$ 116 Bn by 2031-end.
Wheelchair And Components Market –
global wheelchair and components market is estimated to be valued at US$ 11 Bn in 2020, with the market expected to exhibit a CAGR of almost 4% over the forecast period (2020-2030).
About Us:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against rep/uted organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
Contact Us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com