The global Intravenous Catheters market is expected to reach US$ 629 billion by the end of 2027, with a CAGR of 6.6% during 2021-2027. An intravenous catheter is a device that draws blood and administers treatments such as intravenous medications, fluids, or blood transfusions. A thin, flexible tube is placed into a vein in the lower arm, foot, or back of the hand. This research examines the major factors that influence market growth, as well as the opportunities, challenges, and dangers that key businesses and the market as a whole face. It also examines important new trends and their implications for current and future growth.
The most frequent vascular access device is an intravenous catheter. Polyurethane, tetrafluoroethylene, hexafluoropropylene, and silicon are used to make the Intravenous Catheter. Over the projected period, rising use of intravenous catheters for disease treatment is likely to fuel development of the worldwide intravenous catheter market.
Top Key Players Included in Intravenous Catheters Market Report: Medtronic, Edwards Lifesciences, Teleflex, Abbott, B. Braun Melsungen, Becton, and Dickinson and Company
The global market may be divided into regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. One of the most important regions in the global market is North America. Because of the large increase in capacity and investments in the region, the market in North America is likely to grow significantly in the next few years. The number of projects being completed in North America is expected to increase, boosting the market in the area. As a result, Asia Pacific is one of the largest markets, and it is predicted to develop at a rate in the next few years.
Intravenous Catheters Market segment by Type:
Peripheral Catheters
Midline Peripheral Catheters
Central Venous Catheters
Intravenous Catheters Market segment by Application:
Hospitals
Long-term Care Facilities
Diagnostic Imaging Centers
Other End Users
The worldwide Intravenous Catheters market has been harmed by the COVID-19 pandemic. It is obstructing global economic growth. The sector has also been harmed, with large drops in demand around the world during the lockdowns. However, in the short term, the industry will be driven by the global rebound of consumption following lockdowns. By dividing the global market into region-wise assessments, the study aims to examine present and future growth possibilities, variables impacting their income potential, and demand and consumption trends.
FAQs:
What will be the market’s growth rate, growth momentum, throughout the forecasted period?
What are the market’s primary drivers?
What was the size of the emerging market in terms of value in 2020?
In 2027, how much will the emerging market be worth?
Which region is expected to have the biggest market share?
The global Intravenous Catheters market is expected to reach US$ 629 billion by the end of 2027, with a CAGR of 6.6% during 2021-2027. An intravenous catheter is a device that draws blood and administers treatments such as intravenous medications, fluids, or blood transfusions. A thin, flexible tube is placed into a vein in the lower arm, foot, or back of the hand. This research examines the major factors that influence market growth, as well as the opportunities, challenges, and dangers that key businesses and the market as a whole face. It also examines important new trends and their implications for current and future growth.
The most frequent vascular access device is an intravenous catheter. Polyurethane, tetrafluoroethylene, hexafluoropropylene, and silicon are used to make the Intravenous Catheter. Over the projected period, rising use of intravenous catheters for disease treatment is likely to fuel development of the worldwide intravenous catheter market.
Top Key Players Included in Intravenous Catheters Market Report: Medtronic, Edwards Lifesciences, Teleflex, Abbott, B. Braun Melsungen, Becton, and Dickinson and Company
The global market may be divided into regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. One of the most important regions in the global market is North America. Because of the large increase in capacity and investments in the region, the market in North America is likely to grow significantly in the next few years. The number of projects being completed in North America is expected to increase, boosting the market in the area. As a result, Asia Pacific is one of the largest markets, and it is predicted to develop at a rate in the next few years.
Intravenous Catheters Market segment by Type: Peripheral Catheters Midline Peripheral Catheters Central Venous Catheters
Intravenous Catheters Market segment by Application: Hospitals Long-term Care Facilities Diagnostic Imaging Centers Other End Users
The worldwide Intravenous Catheters market has been harmed by the COVID-19 pandemic. It is obstructing global economic growth. The sector has also been harmed, with large drops in demand around the world during the lockdowns. However, in the short term, the industry will be driven by the global rebound of consumption following lockdowns. By dividing the global market into region-wise assessments, the study aims to examine present and future growth possibilities, variables impacting their income potential, and demand and consumption trends.
FAQs: What will be the market’s growth rate, growth momentum, throughout the forecasted period? What are the market’s primary drivers? What was the size of the emerging market in terms of value in 2020? In 2027, how much will the emerging market be worth? Which region is expected to have the biggest market share?