Sales of Securement Devices Are Anticipated to Increase Faster

Mar 3, 2023

3 min read

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The intravenous equipment market is a segment of the medical devices industry that involves the production and distribution of equipment used for intravenous (IV) therapy. IV therapy involves the administration of fluids, medications, and nutrition directly into a patient's bloodstream through a vein. The equipment used for IV therapy includes catheters, needles, infusion pumps, and other related accessories.

The market for intravenous equipment has been growing steadily in recent years, driven by factors such as the increasing prevalence of chronic diseases, the growing geriatric population, and the rising demand for home healthcare services. Technological advancements in IV equipment have also contributed to the growth of the market.

The market is highly competitive, with several major players operating in the space. Some of the leading companies in the intravenous equipment market include Becton, Dickinson and Company, Baxter International Inc., Fresenius SE & Co. KGaA, ICU Medical, Inc., and Smiths Medical.

Geographically, North America and Europe are the largest markets for intravenous equipment, due to the high adoption of advanced medical technologies and the presence of a well-established healthcare infrastructure. However, the market in Asia Pacific is expected to grow at the highest rate due to the increasing demand for healthcare services and the rising prevalence of chronic diseases in the region.

Overall, the intravenous equipment market is expected to continue to grow in the coming years, driven by factors such as the increasing prevalence of chronic diseases and the growing demand for advanced medical technologies.

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Key findings of the Intravenous Equipment market study:

·         The report provides a present market outlook on Intravenous Equipment. Additionally, the Intravenous Equipment market share is anticipated to grow with a CAGR of 5.6% in the forecast period. 

·         Regional breakdown of the Intravenous Equipment market based on predefined taxonomy.

·         Innovative manufacturing processes implemented by Intravenous Equipment vendors in detail.

·         Region-wise and country-wise fragmentation of the Intravenous Equipment market to grasp the revenue, and growth outlook in these areas.

·         Changing preferences among consumers across various regions and countries.

·         Factors (Positive and Negative) impacting the growth of the global Intravenous Equipment market.

·         Intravenous Equipment price, market share, and Trends forecast for assessment period 2022-2027

Competitive landscape analysis

The market survey conducted by fact.mr offers key developments and challenges affecting the pharmaceutical industry, subsequently influencing demand and sales in the Intravenous Equipment market. To study competitive trends across the industry, the report profiles some of the leading players operating in the Intravenous Equipment market including

  • Becton, Dickinson and Company

  • B. Braun Melsungen AG

  • Fresenius SE & Co. KGaA

  • Baxter International Inc.

  • Smiths Medical

  • ICU Medical, Inc.

  • C. R. Bard, Inc.

  • Terumo Corporation

  • Moog, Inc.

  • AngioDynamics, Inc.

 Report benefits & key questions answered

·         Intravenous Equipment historical market outlook: the market intelligence survey report discloses the demand and sales projections of Intravenous Equipment over the last forecast period 2016 to 2020.

·         Post impact of covid on the Intravenous Equipment market: the pharmaceutical industry has been largely influenced by covid-19 pandemic. The fact.mr market survey assesses how current trends that will influence expenditure on Intravenous Equipment, thus affecting the market growth.

·         Intravenous Equipment market trend analysis: the report provides in-depth overview of the past, recent, and upcoming trends in the Intravenous Equipment market to assist the businesses to formulate their strategies for expansion.

·         Intravenous Equipment category & segment level analysis: fact.mr's category & segment level analysis provides insights into Intravenous Equipment sales outlook on lucrative and nascent product types. The report assists the market players to identify potential remunerative segments and set sales targets at local, country, and regional level.

·         Intravenous Equipment company & brand share analysis: the report discloses the competitiveness of the Intravenous Equipment market and highlights the market share captured by tier 1, tier 2, and tier 3 players operating in the landscape.

Intravenous Equipment Industry Research Segmentation

·         By Product :

  • IV Catheters

  • Securement Devices

  • Administration Sets

  • Infusion Sets

  • Drip Chambers

  • Others

·         End User :

  • Hospitals

  • Clinics

  • Ambulatory Care Centers

  • Others

·         By Region :

  • North America

  • Latin America

  • Europe

  • East Asia

  • South Asia & Oceania

  • MEA

 

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