Dublin, April 28, 2023 (GLOBE NEWSWIRE) -- The "Intravenous Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Intravenous Equipment estimated at US$10.6 Billion in the year 2022, is projected to reach a revised size of US$14.2 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030.
IV Catheters, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$4.8 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Securement Devices segment is readjusted to a revised 4.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 6.4% CAGR
The Intravenous Equipment market in the U.S. is estimated at US$2.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.9 Billion by the year 2030.
Select Competitors (Total 91 Featured) -
- AngioDynamics Inc.
- Arcomed AG
- ASCOR S.A.
- B. Braun Melsungen AG
- Baxter International Inc.
- Becton, Dickinson and Company
- F. Hoffmann-La Roche Ltd.
- Fresenius SE & Co. KGaA
- Halyard Health Inc.
- ICU Medical Inc.
- Insulet Corp.
- Medtronic PLC
- Moog Inc.
- Nipro Corporation
- Smiths Medical
- Tandem Diabetes Care Inc.
- Teleflex Inc.
- Terumo Corp.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 218 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $10.6 Billion |
| Forecasted Market Value (USD) by 2030 | $14.2 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Intravenous Equipment Market on a Steady Growth Path
- Recent Market Activity
- Uptrend in Healthcare Expenditure Creates Substantial Opportunities
- Developed Regions Remain Primary Revenue Contributors
- Developing Regions Exhibit Immense Growth Potential
- Key Factors Driving Sales of IV Equipment in Developing Regions
- Increase in Number of Hospitals
- Growing Healthcare Awareness & Parallel Increase in Consumer Healthcare Spending
- Proliferation of Medical Tourism
- Stable Economic Scenario Lends Momentum for Market Growth
- Competitive Scenario
- Leading Players in the World Intravenous Equipment Market
- Medtronic Leads the Insulin Pumps Market
- C. R. Bard Predominates the PICC Market
- Competitive Factors in the Intravenous Equipment Market
- Competition: Noteworthy Trends
- Tough Ground for New Entrants
- ICR: A Key Factor to Success
- Expiry of Warranty Provides New Opportunities to Insulin Pump Makers
- Customer Satisfaction: Crucial to Stay Competitive
- Market Witnesses High-Profile M&A Deals
- Select M&A Deals Finalized in the Intravenous Equipment Market in the Recent Past
- Intravenous Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Infusion Pumps & Sets: The Largest & Fastest Growing Product Segment
- Infusion Pump Market Slated to Gain Further Momentum
- Insulin Pumps Market - Set for Interesting Road Ahead
- Intravenous Catheters Market Scenario
- Peripheral Intravenous Catheters Market - An Insight
- Positive Outlook for Central Venous Catheters
- Rising Incidence of Chronic Diseases Fuels Intravenous Equipment Demand
- The Diabetes Epidemic - Untapped Potential for Insulin Pumps
- Cancer Pain Offers Potential Opportunities for Pain Management Pumps
- Aging Population: A Strong Growth Driver
- Global Aging Population Statistics - Opportunity Indicators
- Alternative Site Care: Shaping the Intravenous Equipment Market
- IV Infusion Pumps: An Obvious Beneficiary of the Rise in Alternate Care Sites
- Widening Use of Disposable Infusion Pumps
- Smart Infusion Systems: Marking the Convergence of Healthcare IT & IV Drug Delivery Systems
- Beating the Odds
- Three Key Factors Driving Hospital Adoption of Smart Infusion Systems
- Market Characterized by Price Competitiveness
- Remote-Control Catheters - A Possible Technology
- New Software Promises More Safety in Usage of Intravenous Infusion Pumps
- Adoption of Integrated Systems Propels Catheter Stabilization Device Market
- Artificial Arteriovenous Fistulae Developed for Safe use of Intravenous Equipment
- Ultrasound Aided Insertion of Peripheral Intravenous Catheters
- Accidental Needlestick Injuries: A Thing of the Past
- Technology Advancements in PICC Space
- Safety of Intravenous Catheters Outclassed
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/joexi3
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
