Peripheral I.V. Catheter Market

Full text

(1)

Peripheral IV

Catheters Being Used for

Injecting

Contrast Media

(2)

The rising incidence of lifestyle-related diseases and chronic diseases, surging elderly population, increasing technological advancements, and augmenting healthcare spending will drive the peripheral intravenous (I.V.) catheter market at a CAGR of 6.0% during the forecast period (2016–2022). Moreover, the spurring demand for injectable drugs will support the market growth from $3.7 billion in 2015 to $5.5 billion by 2022. Such catheters are threaded into the veins to administer drugs or draw blood for diagnosis and therapy evaluation.

The usage of peripheral IV catheters has increased on account of the burgeoning cases of chronic disorders and mounting healthcare expenditure in developing and developed countries. An escalation in the healthcare spending has facilitated the accessibility to affordable treatments for different medical conditions. The World Health Organization (WHO) states that chronic diseases, namely cancer and cardiovascular diseases (CVDs), account for nearly 9.6 million and 17.9 million deaths, respectively, annually. Additionally, the Global Cancer

Observatory (GLOBOCAN) estimates that around 783,000 deaths were caused due to gastric cancer in 2018.

Receive Sample Pages of this Report:

https://www.psmarketresearch.com/market-analysis/peripheral-i-v- catheters-market/report-sample

Peripheral IV catheters facilitate intravenous administration of psycholeptics, analgesics, intravenous fluids, and antibiotics. The utilization of these advanced catheters has reduced the incidence of bloodstream infections and hematoma- related complications. Besides, the application of integrated/closed and short peripheral IV catheters aids in preventing the transfer of blood-borne pathogens to other people in healthcare facilities, such as hospitals, clinics, and ambulatory surgery centers (ASCs). These catheters are also used during the diagnosis and treatment of renal, pediatric, and infectious diseases.

Moreover, the booming geriatric population will act as a catalyst for the

peripheral I.V. catheter market growth, as old people have a weak regenerative ability and are susceptible to chronic diseases such as cancer, CVDs, and

diabetes. According to the National Institutes of Health (NIH), nearly 75%–85%

of the individuals in the U.S. elderly care facilities suffer from chronic pain.

According to the United Nations Department of Economic and Social Affairs (UNDSEA), by 2050, the U.S., India, Brazil, and China will host 84.8 million, 225.4 million, 52.0 million, and 356.6 million people aged 65 years and above, respectively.

In recent years, the usage of closed peripheral I.V. catheters has significantly increased in computed tomography (CT) processes, as they help in injecting contrast agents that enhance the quality of the images. Such catheters are made from polyurethane material and can resist pressures of over 300 pounds per

(3)

square inch (psi). Owing to their high-pressure resistance with minimal reduction in flexibility, they are suitable for CT imaging applications. Moreover, these

catheters provide higher safety as compared to traditional catheters.

Geographically, the North American peripheral I.V. catheter market generated the highest revenue in the past, and it is expected to maintain its dominance throughout the forecast period. This can be attributed to the growing geriatric population, soaring demand for injectable drugs, and rising healthcare spending. Additionally, the escalating awareness regarding innovative

treatments, augmenting healthcare expenditure, and surging focus on curtailing needlestick injuries will encourage the usage of these catheters in developing countries like China, Brazil, and India. Thus, these nations are expected to generate huge opportunities for market players in the future.

Thus, the rising prevalence of chronic and lifestyle-related diseases and a huge geriatric population will increase the usage of peripheral IV catheters in the coming years.

This research offers actual historical market size for the period 2012 – 2014, estimate for 2015, and forecast for the period 2016 – 2022 of the global Peripheral I.V. Catheter market in terms of value and volume, in the U.S. dollars and Million Units respectively.

GLOBAL PERIPHERAL I.V. CATHETER MARKET

By Type – Short Peripheral I.V. Catheter and Integrated/Closed Peripheral I.V. Catheter

By Technology – Safety Peripheral I.V. Catheter and Conventional Peripheral I.V.

Catheter

By Clinical Area – Oncology, Gastroenterology, Renal Diseases, Pediatric Diseases, Infectious Diseases and Others

By End Users – Hospitals, Clinics, Ambulatory Surgery Centers, Home Healthcare and others

By Region – North America, Central and Eastern Europe, Western Europe, Asia-Pacific, Latin America and Middle East and Africa

GLOBAL PERIPHERAL I.V. CATHETER MARKET, BY TYPE

Short Peripheral I.V. Catheter Market

Integrated/Closed Peripheral I.V. Catheter Market

GLOBAL PERIPHERAL I.V. CATHETER MARKET, BY TECHNOLOGY

Safety Peripheral I.V. Catheter Market

Conventional Peripheral I.V. Catheter Market

GLOBAL PERIPHERAL I.V. CATHETER MARKET, BY CLINICAL AREA

Peripheral I.V. Catheter Market for Oncology

Peripheral I.V. Catheter Market for Gastroenterology

(4)

Peripheral I.V. Catheter Market for Renal Diseases

Peripheral I.V. Catheter Market for Pediatric Diseases

Peripheral I.V. Catheter Market for Infectious Diseases

Peripheral I.V. Catheter Market for Other Clinical Areas GLOBAL PERIPHERAL I.V. CATHETER MARKET, BY END USER

Peripheral I.V. Catheter Market for Hospitals

Peripheral I.V. Catheter Market for Ambulatory Surgery Centers (ASCs)

Peripheral I.V. Catheter Market for Clinics

Peripheral I.V. Catheter Market for Home Healthcare

Peripheral I.V. Catheter Market for Other End Users

GLOBAL PERIPHERAL I.V. CATHETER MARKET, BY GEOGRAPHY North America Peripheral I.V. Catheter Market

By country – U.S, Canada, and Rest of North America

By Type

By Technology

By Clinical Area

By End User

Western Europe Peripheral I.V. Catheter Market

By Country – U.K., Germany, France, and Rest of Western Europe

By Type

By Technology

By Clinical Area

By End User

Central and Eastern Europe Peripheral I.V. Catheter Market

By Country – Russia and Rest of Central and Eastern Europe

By Type

By Technology

By Clinical Area

By End User

Asia-Pacific Peripheral I.V. Catheter Market

By Country – China, Japan, India, and Rest of Asia-Pacific

By Type

By Technology

By Clinical Area

By End User

(5)

Latin America Peripheral I.V. Catheter Market

By Country – Brazil, Mexico and Rest of Latin America

By Type

By Technology

By Clinical Area

By End User

Middle East and Africa Peripheral I.V. Catheter Market

By Country – GCC Nations, South Africa, and Rest of Middle East and Africa

By Type

By Technology

By Clinical Area

By End User

(6)

Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337

Disclaimer:

P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications.

All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners.

An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.

Figure

Updating...

Related subjects :