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. Some of the major players operating in global IV equipment market are B. Braun Melsungen AG (Germany),Becton, Dickinson and Company (U.S.),Fresenius SE & Co. KGaA (Germany),Smiths Medical (U.K.),Baxter (U.S.),ICU Medical, Inc. (U.S.), Moog, Inc. (U.S.),AngioDynamics, Inc. (U.S.), Animas Corporation (U.S.), C. R. Bard, Inc. (U.S.), ASCOR SA (Poland), Arcomed ag(Switzerland) and Terumo Corporation (Japan), among others.
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Global IV Equipment Market By Product (IV Catheters, Administration Sets, Infusion Pumps, Securement Devices, Stopcocks & Check Valves, Drip Chambers, Needleless Connectors, Other IV Equipment), End User (Hospitals & Clinics, Home Care, Ambulatory Care Centers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
The global IV equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes IV equipment market shares for global, Europe, North America, Asia Pacific, and South America.
Major Market Drivers And Restraints:
- Increase ingeriatric population and chronic diseases
- Rising demand for surgical procedure
- Growing demand for ambulatory infusion pumps
- Medication errors related to infusion pumps
IV Equipment is the mixture of fluid substances specifically into or within vein which is also knowns as drips. The IV equipment is considered to be as the quickest approach to convey liquids and solutions all through the body. Intravenous treatment might be utilized for liquid administration, rectification of electrolyte imbalances, transfusing blood and to convey medicines.
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Some Important Points in the IV Equipment Market:
- IV Equipment Market Overview
- Production Market Analysis
- Global & Regional IV Equipment Sales Market Analysis
- Global & Regional Consumption Market Analysis
- Global & Regional Production, Sales and Consumption Market Comparison Analysis
- Global & Regional Major Manufacturers Production and Sales IV Equipment Market Comparison Analysis
- Major Classification Analysis
- Major Application Analysis
- IV Equipment Industry Chain Analysis
- Global and Regional IV Equipment Market Forecast
- Major Manufacturers Analysis
- New Project Investment Feasibility Analysis
On the basis of process:- Infusion pump, catheter, solution and blood administration set, securement device, cannula, stopcock and needleless connector. Catheter dominated with the largest share in 2016 due to more number of surgical treatment as well as increase in chronic diseases.
On the basis of end user:- Hospitals & clinics, homecare and ambulatory care center. Here, homecare is expected to witness the highest CAGR in the forecast period 2017-2024.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
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