Peripheral Intravenous Catheters Market Analysis-2027

1. PERIPHERAL INTRAVENOUS CATHETERS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Peripheral Intravenous Catheters Market - Overview A peripheral intravenous (IV) catheter is a commonly used vascular access in medicine. The sizes of peripheral IV catheters vary according to the application. The diameter of the catheter is proportional to French gauge and inversely proportional to Birmingham gauge. The global Peripheral Intravenous Catheter Market is estimated to account for US$ 7,535.5 Mn in terms of value by the end of 2027. Global Peripheral Intravenous Catheter Market: Drivers Increasing development of advanced peripheral IV catheters equipped with additional safety features to avoid needlestick injuries is expected to propel growth of the global peripheral intravenous catheter market. For instance, in July 2018, 3M launched Tegaderm Antimicrobial I.V. Advanced Securement Dressing and Tegaderm Antimicrobial Transparent Dressing to enhance its peripheral IV maintenance solution offerings. Global Peripheral Intravenous Catheter Market: Opportunities Emerging economies are witnessing high incidence of various disease such as cancer, acute illness, and trauma. However, the number of healthcare facilities available in these countries is relatively low. Moreover, the availability of advanced integrated/closed catheter with safety technology is low. Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/peripheral-intravenous-catheters-market-3208 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Global Peripheral Intravenous Catheter Market: Restraints Lack of training in use of peripheral IV catheters is expected to hinder growth of the global peripheral intravenous catheter market. Proper training for insertion, maintenance, and removal of catheters may help to avoid the risk factors associated with complications. Key Takeaways: The Short PIVC segment in the global peripheral intravenous catheter market was valued at US$ 3,025.4 Mn in 2018 and is expected to reach US$ 4,693.7 Mn by 2027 at a CAGR of 4.9% during the forecast period. Major factor attributing to the growth of the segment during the forecast period constitutes of technological advancements in product development. The Hospital segment held dominant position in the global peripheral intravenous catheter market in 2018, accounting for 62.2% share in terms of value, followed by ambulatory surgical centers, respectively. The growth of the segment is attributed to increasing patient population suffering from chronic diseases during the forecast period. Market Trends The demand for placing vascular access specialists in every hospital across the U.S. is increasing in the recent past. This is owing to increasing number of hospitalizations and focus on reducing complications including bloodstream infections. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/3208 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Regulations Europe A medical device only can be marketed in Europe if it is granted CE Marking. A company can achieve CE marking for the device from various European regulatory agencies such as the Medicines and Healthcare products Regulatory Agency (MHRA) and the Health and Safety Executive (HSE). The medical device regulation in Europe is based on a classification of the device into four classes, I, IIa, IIb, and III. The class I is a low risk device, class II includes medium risk devices and the class III includes high risk devices. The peripheral intravenous catheter covers under class IIa. Peripheral intravenous catheter convers under medical devices directive 93/42/EEC (MDD). The directive 93/42/EEC includes conformity assessment routes for Class IIa medical devices such as Annex II for full quality assurance ISO 13485:2003, Annex V for production quality assurance ISO 13485:2003 (excluding Design) and Annex VI for product quality assurance ISO 13485:2003 (excluding Design & Manufacture). The medical devices, which are submitted to the European government agencies for getting CE marking cannot refer to the safety and effectiveness of the other medical device that perform similar function that already got CE marking. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3208 © Coherent market Insights. All Rights Reserved

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6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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