CHICAGO, Feb. 8, 2024 /PRNewswire/ -- According to Arizton's latest focus insight report, the IV catheters market is growing at a CAGR of 5.04% during 2023-2029.
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Global IV Catheters Market Focus Insight Report by Arizton
IV Catheters Market Report Scope
In 2023, the global intravenous catheters market was dominated by North America, with a share of 33.45%. This region has a large presence of major vendors offering various IVCs to patients of various age groups. Further, this growing usage of IVCs in the region is being contributed by advanced healthcare infrastructure and growing awareness regarding the safety of IVCs. Europe is expected to witness the highest incremental growth of $513.50 million, and APAC is expected to record the highest absolute growth of 41.05% during the forecast period. With growing advancements and the need to reduce needlestick injuries, vendors are offering safety PIVCs and conventional PIVCs, competing based on cost, safety features, convenient use, marketing strategies, and distribution channels. The key vendors in the market include BD, Smith Medical, Vygon, B. Braun Melsungen AG, Teleflex, Terumo, and Shanghai Puyi Medical Instruments. Though major players dominate the market, others also focus on continuously developing low-cost and conventional PIVCs. In addition, a few regional companies are also coming into existence with innovative products and technologies. For instance, retrieving needles automatically after usage by retractable technologies is gaining traction among end-users. Moreover, vendors, especially global players, are increasingly pursuing inorganic growth strategies such as acquisitions and strategic partnerships to expand their presence, enhance product portfolio, and improve expertise in the market. For instance, Smith's Medical acquired Access Scientific, a broad-spectrum vascular access and infection prevention company that manufactures POWERWAND midline and extended dwell catheters. BD acquired Velano Vascular, whose needle-free technology enables high-quality blood draws from existing PIVC lines. Peripherally Inserted Central Catheter (PICC)
Central Venous Catheters (CVCs)
Ambulatory Surgical Settings
Greiner Bio-One International GmbH
Healthline Medical Products
Qingdao Sinoland International Trade Co.
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Key Questions Answered in the Report:
How big is the global IV catheters market?
What is the projected growth rate of the global IV catheters market?
Which region holds the most significant global IV catheter market share?
What are the drivers in the global IV catheters market?
Who are the key players in the global IV catheters market?
CHAPTER – 1: IV Catheters Market Overview
CHAPTER – 2: IV Catheters Market
GLOBAL: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
CHAPTER – 3: IV Catheters Market Segmentation Data
GLOBAL: Projected Revenue by Product type (2020-2029; $Millions)
Peripheral inserted central catheter (PICCs)
Central venous catheters (CVCs)
GLOBAL: Projected Revenue by End-users (2023-2029; $Millions)
Ambulatory Surgical Centers
CHAPTER – 4: Key Regions Overview
North America: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
Projected Revenue of IV Catheters Market in US
Projected Revenue of IV Catheters Market in Canada
Europe: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
Projected Revenue of IV Catheters Market in Germany
Projected Revenue of IV Catheters Market in UK
Projected Revenue of IV Catheters Market in France
Projected Revenue of IV Catheters Market in Italy
Projected Revenue of IV Catheters Market in Spain
APAC: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
Projected Revenue of IV Catheters Market in China
Projected Revenue of IV Catheters Market in Japan
Projected Revenue of IV Catheters Market in India
Latin America: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
Projected Revenue of IV Catheters Market in Brazil
Projected Revenue of IV Catheters Market in Mexico
Projected Revenue of IV Catheters Market in Argentina
Middle East & Africa: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
Projected Revenue of IV Catheters Market in Turkey
Projected Revenue of IV Catheters Market in South Africa
Projected Revenue of IV Catheters Market in Saudi Arabia
CHAPTER – 5: IV Catheters Market Prospects & Opportunities
IV Catheters Market Opportunities & Trends
IV Catheters Market Drivers
IV Catheters Market Constraints
CHAPTER – 6: IV Catheters Industry Overview
IV Catheters Market - Competitive Landscape
IV Catheters Market – Key Vendor Profiles
IV Catheters Market – Other Prominent Vendors
IV Catheters Market - Key Strategic Recommendations
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