Peripheral Intravenous Catheters Market size was around USD 4.39 billion in 2018
The market is segmented by type, end user and product. By type, the market is segmented into Integrated/Closed catheters and Peripheral insertion catheters.
(EMAILWIRE.COM, August 29, 2018 ) Market Overview:
The Global Peripheral Intravenous Catheters market is estimated at USD 4.39 billion in 2018. It is expected to develop at a CAGR of 6.1% to attain USD 5.9 billion by 2023. The peripheral intravenous catheter is venous devices manufactured by the usage of silicon and other substances to avoid side effects. These properties allow sufferers to maintain PIVCs of their veins or body for long intervals of time without suffering side effects. Essentially, peripheral intravenous catheters are used to infuse treatment and diverse fluids at once into a vein of an affected person.
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Huge growth in healthcare expenditure is to promote the growth of the market
Factors affecting market growth:
Rising geriatric population (+)
Advancement in surgical and treatment technologies (+)
Huge growth in healthcare expenditure (+)
Increased surgical procedures (+)
Mounting in number of hospitals (+)
High cost of closed catheters (-)
Lack of skilled professionals (-)
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North America holds the largest percentage of the market
Market Segmentation
The Global Peripheral Intravenous Catheters market is geographically segmented into
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
North America is leading the market. Europe is the second biggest market. Asia-Pacific is the fastest growing market due to the swiftly improving healthcare infrastructure, growing disposable profits, and swiftly growing medical tourism industry in this place.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/peripheral-intravenous-catheters-market-5320/
Key players:
Some of the major share holders of the market include Smith Medical, Terumo Corporation, C. R. Bard, Inc., Becton Dickinson and Company, B. Braun Melsungen AG, Tangent Medical, and Vygon Group.
The Global Peripheral Intravenous Catheters market is estimated at USD 4.39 billion in 2018. It is expected to develop at a CAGR of 6.1% to attain USD 5.9 billion by 2023. The peripheral intravenous catheter is venous devices manufactured by the usage of silicon and other substances to avoid side effects. These properties allow sufferers to maintain PIVCs of their veins or body for long intervals of time without suffering side effects. Essentially, peripheral intravenous catheters are used to infuse treatment and diverse fluids at once into a vein of an affected person.
Request Report Sample: https://www.marketdataforecast.com/market-reports/peripheral-intravenous-catheters-market-5320/request-sample
Huge growth in healthcare expenditure is to promote the growth of the market
Factors affecting market growth:
Rising geriatric population (+)
Advancement in surgical and treatment technologies (+)
Huge growth in healthcare expenditure (+)
Increased surgical procedures (+)
Mounting in number of hospitals (+)
High cost of closed catheters (-)
Lack of skilled professionals (-)
Get your customized report: https://www.marketdataforecast.com/market-reports/peripheral-intravenous-catheters-market-5320/customize-report
North America holds the largest percentage of the market
Market Segmentation
The Global Peripheral Intravenous Catheters market is geographically segmented into
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
North America is leading the market. Europe is the second biggest market. Asia-Pacific is the fastest growing market due to the swiftly improving healthcare infrastructure, growing disposable profits, and swiftly growing medical tourism industry in this place.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/peripheral-intravenous-catheters-market-5320/
Key players:
Some of the major share holders of the market include Smith Medical, Terumo Corporation, C. R. Bard, Inc., Becton Dickinson and Company, B. Braun Melsungen AG, Tangent Medical, and Vygon Group.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results