Intravenous (I.V.) route rapidly delivers medications, blood transfusions, fluids and more in patients. Physicians or nurses use I.V. route to replace fluid, and for maintaining electrolyte balance in patients suffering from physical debility. Moreover, with the use of I.V. physicians deliver fluids, medications to patients who are unconscious. With the use of I.V. dressing, the I.V. cannula or intramuscular catheters along other such devices can be secured and fixed to the skin. These dressing are made from polyurethane collated films and adhesive material. It can prevent bacterial infection and buildup of moisture at the injection site.
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Market Drivers:
Frequent novel product launches are expected to propel growth of the global I.V. dressing market during the forecast period. For instance, in June 2017, the U.S. Food and Drug Administration (FDA) expanded 520(k) indication of 3M’s Tegaderm CHG Chlorhexidine Gluconate I.V. securement dressing for reduction of catheter-related bloodstream infections (CRBSI) in patients.
Moreover, in September 2016, Becton, Dickinson and Company collaborated with Vancive Medical Technologies to introduce ChloraShield I.V. dressing line designed to be used in vascular access dressing and to improve patient care.
Furthermore, the growing product development in I.V. dressing to address CRBSI in patients is also projected to fuel growth of the global I.V. dressing market over the forecast period. For instance, 3M, announced in November 2017, that the Tegaderm CHG I.V. securement dressing of the company now falls under new Centers for Disease Control (CDC) recommendation, to be used in treatment of CRBSI.
Impact of COVID-19:
Various industries were adversely impacted by the COVID-19 pandemic. The healthcare sector has witnessed a significant impact of the pandemic. Many countries around the world imposed preventative lockdowns due to which healthcare providers faced severe challenges. Major market activities such as manufacturing, raw material supply and distribution were disrupted during the pandemic. Transpiration operations were suspended under lockdown regulations to control the virus spread. Thus, the I.V. dressing market among several others was adversely impacted by the pandemic.
Key Takeaways:
The global I.V. dressing market is estimated to show a CAGR of 5.7% during the forecast period. This is due to market players are adopting various growth strategies such as acquisition and mergers. For instance, Becton, Dickinson and Company acquired CareFusion Corporation to strengthen its product portfolio.
Transparent segment among Product Type is anticipated to witness significant growth in the global I.V. dressing market during the forecast period due to growing number of product approvals by regulatory authorities. For instance, in January 2016, the U.S. Food and Drug Administration granted 510(k) approval to Entrotech Life Sciences for its antimicrobial transparent film dressing, ChloraDerm.
Key Players:
Major players functioning in the global I.V. dressing market are Datt Mediproducts Pvt. Limited , Becton, Dickinson and Company, 3M, Lohmann & Rauscher, Talent Healthcare, Komal Health Care Pvt. Ltd., Dynarex Corporation, Paul Hartmann AG, Smith & Nephew plc, DeRoyal Industries Inc., Shandong Dermcosy Medical Co., Ltd., and Tytex
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 I.V. Dressing Market Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: I.V. Dressing Market Industry Impact
Chapter 2 Global I.V. Dressing Market Competition by Types, Applications, and Top Regions and Countries
2.1 Global I.V. Dressing Market (Volume and Value) by Type
2.3 Global I.V. Dressing Market (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global I.V. Dressing Market Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America I.V. Dressing Market Market Analysis
Chapter 6 East Asia I.V. Dressing Market Market Analysis
Chapter 7 Europe I.V. Dressing Market Market Analysis
Chapter 8 South Asia I.V. Dressing Market Market Analysis
Chapter 9 Southeast Asia I.V. Dressing Market Market Analysis
Chapter 10 Middle East I.V. Dressing Market Market Analysis
Chapter 11 Africa I.V. Dressing Market Market Analysis
Chapter 12 Oceania I.V. Dressing Market Market Analysis
Chapter 13 South America I.V. Dressing Market Market Analysis
Chapter 14 Company Profiles and Key Figures in I.V. Dressing Market Business
Chapter 15 Global I.V. Dressing Market Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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