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Peripheral Intravenous Catheters Market, By Product Type (Short PIVC (Ported PIVC, Non- Ported PIVC), Integrated/Closed PIVC), By Technology (Conventional, Safety), By End User (Hospital, Ambulatory Surgical Centers, Clinics, Home Use, Others), and by Regions (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027<br>
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PERIPHERAL INTRAVENOUS CATHETERS MARKET ANALYSIS Peripheral Intravenous Catheters Market, By Product Type (Short PIVC (Ported PIVC, Non- Ported PIVC), Integrated/Closed PIVC), By Technology (Conventional, Safety), By End User (Hospital, Ambulatory Surgical Centers, Clinics, Home Use, Others), and by Regions (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Peripheral Intravenous Catheter Market – Insights Peripheral intravenous (IV) catheter contains a slim flexible plastic tube that can be inserted in the peripheral vein in a patient’s arm using a hollow needle, which can then be withdrawn, and medication or fluids thereafter administered. The approach is also used to take blood samples without the need for additional insertions.
Global Peripheral Intravenous Catheter Market: Drivers Increasing prevalence of chronic diseases is expected to propel growth of the global peripheral intravenous catheter market over the forecast period. For instance, according to the World Health Organization, around 18.1 million new cases and 9.6 million deaths were registered due to cancer worldwide in 2018. People aged 65 years or above are at high risk of various diseases and require peripheral IV catheters for administration of antibiotics and other medicines and for drawing blood for testing
Global Peripheral Intravenous Catheter Market Value (US$ Mn), by Region, 2018
Global Peripheral Intravenous Catheter Market: Restraints Use of peripheral intravenous catheters is associated with complications such as blood exposure, which can occur due to needlestick injury and is especially hazardous during the treatment of patients with HIV and hepatitis. Other complications include, skin infections, redness, itching, and pain. Moreover, inadequate catheter stabilization can cause nerve injury.
Global Peripheral Intravenous Catheter Market: Opportunities • Integration of new alarm algorithm in healthcare settings can offer lucrative growth opportunities for players in the global peripheral intravenous catheter market. For instance, in October 2019, a study in Advances in Neonatal Care, the official journal of the National Association of Neonatal Nurses, reported that a ‘fuzzy logic’ alarm system may help nurses in the neonatal intensive care unit (NICU) predict impending catheter infusion failure.
Market Trends/Key Takeaways • In the recent past, the use of integrated/closed catheters has increased compared to short peripheral IV catheters, owing to enhanced patient outcomes. Integrated/closed catheters offer improved safety from various infections such as blood infection, skin infection, and vein injuries. • The market is witnessing increasing use of polyurethane material for manufacturing of peripheral IV catheters compared to Teflon and silicone as polyurethane offers superior strength and additional qualities such as softening at body temperature and good flexibility.
Global Peripheral Intravenous Catheter Market: Competitive Landscape • Major players operating in the global peripheral intravenous catheter market include, Becton, Dickinson and Company, B. Braun Melsungen AG, Smith Medical, Terumo Corporation, C. R. Bard, Inc., Tangent Medical, Velano Vascular Inc., and Vygon Group.
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