IV Equipment Market Size, Share and Growth Analysis Research Report | Major Players – BD, Ascor SA, Moog Inc., Smiths Group plc, B. Braun Melsungen AG, AngioDynamics, Terumo Corporation

IV Equipment Market

The large scale IV Equipment Market research report recognizes and analyses the emerging trends along with major drivers, challenges and opportunities in the market. Following aspects are kept into view while formulating this global IV Equipment Market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific & Middle East & Africa. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in this IV Equipment Market report. The report estimates 2020-2027 market development trends for industry.

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Market Analysis: Global IV Equipment Market

Global IV equipment market is registering a substantial CAGR of 6.88% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to increasing incidence of chronic diseases, rapid growth in the aging and obese population.

Key Market Competitors:

Few of the major market competitors currently working in the global IV equipment market are BD, Ascor SA, Moog Inc., Smiths Group plc, B. Braun Melsungen AG, AngioDynamics, Terumo Corporation, ICU Medical, Inc., Fresenius SE & Co. KGaA, Animas LLC, Baxter, arcomed ag, Truxton Incorporated, International WIN LTD, Lars medicare Pvt Ltd., Angiplast, Hindustan Syringes & Medical Devices Ltd, Harsoria Healthcare Pvt. Ltd., The Metrix Company , Abbott, I.V. House, Inc., PRISM PHARMA MACHINERY and Mediplus India Ltd among others.

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Market Definition: Global IV Equipment Market

IV equipment is the equipment’s which are used to give patient medicine, maintain blood pressure and other fluid which are needed to be injected to the patient’s body. The IV equipment is the fasted method to give liquid and solutions to the body of the patient. These treatments are required for rectification of electrolyte imbalances, transfusing blood, conveying medicine and liquid administration. These are also known as drips across the healthcare centers.

Segmentation: Global IV Equipment Market

IV Equipment Market : By Product

  • IV Catheters
  • Administration Sets
  • Infusion Pumps
  • Securement Devices
  • Stopcocks & Check Valves
  • Drip Chambers
  • Needleless Connectors
  • Other IV Equipment

IV Equipment Market : By End User

  • Hospitals & Clinics
  • Home Care
  • Ambulatory Care Centers

IV Equipment Market : By Geography

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Key Developments in the Market:

  • In June 2019, Eurolife Healthcare had launched innovative Intravenous IV products in the Indian Drug market. The product is made of the latest technology which reduces the chances of infection and can be sterilized at 121 degree Celsius & has the lowest endotoxin levels. This launch has expanded the product offering of the company. By offering the latest product at affordable prices to the patients with better quality which has increased its customers.
  • In March 2018, Smiths Medical announced the commercial launch of Delta Med SpA’s DeltaVen Closed System Catheter. It has also got FDA clearance. It is the advanced Peripheral IV Catheters (PIVC) which is offering the needle, extension tubing, and also providing the option for a needleless connecter in a catheter. This product launch had expanded the medical portfolio of the company and will provide the best options to their customers to treat their patients more successfully.

IV Equipment Market Drivers

  • The chronic diseases incidences have increases which has driven the market growth
  • The rise in the obese and elderly population is boosting the market growth
  • The ambulatory infusion pumps has risen due to surging home care market
  • Needlestick injuries and infections have increased which has led the market growth
  • The surging incidences of cancers has propelled the market growth

IV Equipment Market Restraints

  • The medication errors driven from infusion pumps leading to product recalls is hampering the market growth
  • The high cost associated in the treatment as well as risk associated with the procedure act as a restrain to the market
  • The stringent regulatory requirement and compliances are hindering the market growth

Reasons to Purchase this Report

  • Current and future of global IV equipment market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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