Peripheral Intravenous Catheters Market is forecasted to value over USD 8.9 billion by 2028 end and register a CAGR of 7.5% from the forecast period 2021-2028.

Injection needles can cause needlestick injuries which is a serious concern for patients who need injections daily. Percutaneous wound injuries are generally caused due to the needle tips while disassembling, handling or during needle and syringe disposal. As per the Centers for Disease Control and Prevention, over 380,000 needlestick injuries have been reported in the United States every year. Such a high prevalence of needlestick injuries has made healthcare personnel in using drug delivery devices, thereby increasing the patient comfort and reducing the risk.

The peripheral intravenous catheter is a small tube that is placed in the peripheral vein for direct administering of medications into the circulation. Additionally, these catheters are also used for withdrawing blood for testing purposes. Advanced catheters are integrated with more safety features that prevent needlestick injuries. The peripheral IV catheters and the circulatory system are in direct contact which is why they are produced using silicone which is non-irritant in nature and it does not have any side effects even if the IV catheters are in a long-term contact with the circulatory system. The peripheral IV catheters have a major benefit of administering medicine directly into the flow of blood which is the reason it is commonly used for patients undergoing surgeries, emergency patients, paediatric patients, geriatric patients and patients who are unable to swallow food. Such factors shall boost the peripheral intravenous catheters market growth. However, the need for trained healthcare professionals and the pain associated with the insertion procedure along with the expense of closed catheters shall impede the market growth to a certain extent.

Major players included in the Peripheral Intravenous Catheters Market:
• Terumo Corporation
• B. Braun Melsungen AG
• Smiths Medical
• Becton, Dickenson and Co.
• Teleflex Inc.
• C.R. Bard Inc.
• Vygon SA
• Venner Medical
• NIPRO Medical Corporation
• Argon Medical Devices, Inc.
(Note: The list of the major players will be updated with the latest market scenario and trends)

Peripheral Intravenous Catheters Market Segmentation:

By Product
• Short Peripheral IV Catheters
  o Ported PIVC
  o Non-ported PIVC
• Integrated/Closed PIVC
  o Closed with Extension Set
  o Closed PIVC

By Technology
• Conventional PIVC
• Safety PIVC
  o Closed with Extension Set
  o Active PIVC with Blood Control
  o Passive PIVC with Blood Control
  o Active PIVC
  o Passive PIVC

By End User
• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Home Use
• Others

By Region
• North America
• Europe

Asia Pacific
• Latin America
• Middle East & Africa

Competitive Landscape:                            
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key market trends
  • Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the global peripheral intravenous catheters market by product, by technology, by end user and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com


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