Posted By Coherent Market Insights
Posted on September 17, 2021
Needle-free IV Connectors Market Size And Forecast
The global Needle-free IV Connectors market was valued at US$ 755.8 million in 2018 and is projected to reach US$ 1,826.3 Million by 2027, growing At a CAGR of 10.3% from 2020 to 2027.
The manufacturers of needle-free IV connectors are engaged in developing innovative products for the consumers. Manufacturers such as Becton, Dickinson and Company offers NeutraClear needle free connector with an orange indicator to reduce accidental removals with luers. Further, ICU Medical Inc. has its own patented technology of needle-free connector in which the connectors are silicon sealed to reduce the contact between connector’s external and internal surface which further significantly reduces bacterial contamination. Asian countries such as India, China, and Indonesia have many local players of needle-free IV connectors. For example, in China there are more than 30 local players proving high quality needle-free connectors.
>>> Get | Request Sample Report @
https://www.coherentmarketinsights.com/insight/request-sample/426
To Learn More:
What are Needle-free IV Connectors?
Needle-free connectors provide a safe way to administer fluids, blood and medication. They greatly reduce the risk of needle stick injuries by allowing connections of a syringe to a catheter, an extension set or an infusion set, without the use of a needle. Needle-free IV connectors’ aids in reducing risks of possible contaminations associated with the IV administration and stop manipulation in all types of IV infusions. Moreover, technological advancements in needle-free IV connectors such as connectors preventing fluid reflux, closed IV systems, and connectors embedded with antimicrobial agents (V-Link) is expected to help to reduce the risk of bloodstream infections associated with IV administration.
Manufacturers are focusing on minimizing the risks associated with IV administration with conventional methods coupled with existing minor issues associated with the use of needle-free IV connectors such as blood reflux caused by gasket compression and blood reflux due to disconnection with the luer. For instance, MicroClave connector of ICU Medical offers minimal blood reflux in the catheter tip. The company has received three type of the U.S. patents for MicroClave clear needle-free connector in 2015 and 2016.
Moreover, in September 2014, RyMed Technologies developed InVision-Plus a silver-coated connector, with neutral advantage technology designed to reduce bacterial contamination. Furthermore, increasing regulatory approvals from regulatory bodies is expected to drive growth of the global needle free IV connectors market over the forecast period. For instance, in January 2016, Hospira, a Pfizer-owned company and provider of infusion technologies, received the CE mark approval for a new needle free intravenous (IV) connector, the Nuitiv Clear Needle-free Connector. Nuitiv was launched globally, with immediate availability in Latin America, followed by Europe in early 2016. Key players are focused on developing and offering connectors for intravenous and other routes of administration. For instance, U.S. Food and Drug Administration (FDA) approved world’s first needleless connector, Tego needle-free connector used in hemodialysis applications that was developed by ICU Medical Inc. in 2014. Furthermore, Vygon S.A. launched Nutrifit enteral connectors in 2016. These are used in neonates to ensure safe and secure enteral feeding.
Detailed Segmentation
By Design Type:
-
- Straight Channel
- T-channel
- Y-channel
- Multi-channel
By Mechanism:
-
- Positive
- Negative
- Neutral
By Dwell Time:
-
- Seven-day
- Other than Seven-day
By End User:
-
- Hospitals
- Ambulatory Surgical Centers
- Others
Needle-free IV Connectors Market by Geography Analysis::
North America (The US, Canada, and Mexico)
Europe (the UK, Germany, France, and Rest of Europe)
Asia Pacific (China, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Key Players In Needle-free IV Connectors Market
The “Global Needle-free IV Connectors Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Baxter International Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, CareFusion Corporation, ICU Medical, Inc., Nexus Medical LLC, RyMed Technologies, LLC, and Vygon S.A.
Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post sales analyst support
Buy This Complete A Business Report With Flat US $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/426
Frequently Asked Questions
What is Needle-free IV Connectors Market?
What are the key driving factors for the growth of Needle-free IV Connectors Market?
What are the top players operative in Needle-free IV Connectors Market?
What segments are covered in Needle-free IV Connectors report?
How can I get sample report/company profiles of Needle-free IV Connectors Market?
Customization of the Report
In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Needle-free IV Connectors Market to Witness Excellent Growth at 10.3% CAGR from 2020 to 2027 | Key Players Baxter International Inc., B. Braun Melsungen AG, Becton, Dickinson and Company appeared first on Gatorledger.
Needle-free IV Connectors Market Size And Forecast
The global Needle-free IV Connectors market was valued at US$ 755.8 million in 2018 and is projected to reach US$ 1,826.3 Million by 2027, growing At a CAGR of 10.3% from 2020 to 2027.
The manufacturers of needle-free IV connectors are engaged in developing innovative products for the consumers. Manufacturers such as Becton, Dickinson and Company offers NeutraClear needle free connector with an orange indicator to reduce accidental removals with luers. Further, ICU Medical Inc. has its own patented technology of needle-free connector in which the connectors are silicon sealed to reduce the contact between connector’s external and internal surface which further significantly reduces bacterial contamination. Asian countries such as India, China, and Indonesia have many local players of needle-free IV connectors. For example, in China there are more than 30 local players proving high quality needle-free connectors.
>>> Get | Request Sample Report @
https://www.coherentmarketinsights.com/insight/request-sample/426
To Learn More:
What are Needle-free IV Connectors?
Needle-free connectors provide a safe way to administer fluids, blood and medication. They greatly reduce the risk of needle stick injuries by allowing connections of a syringe to a catheter, an extension set or an infusion set, without the use of a needle. Needle-free IV connectors’ aids in reducing risks of possible contaminations associated with the IV administration and stop manipulation in all types of IV infusions. Moreover, technological advancements in needle-free IV connectors such as connectors preventing fluid reflux, closed IV systems, and connectors embedded with antimicrobial agents (V-Link) is expected to help to reduce the risk of bloodstream infections associated with IV administration.
Manufacturers are focusing on minimizing the risks associated with IV administration with conventional methods coupled with existing minor issues associated with the use of needle-free IV connectors such as blood reflux caused by gasket compression and blood reflux due to disconnection with the luer. For instance, MicroClave connector of ICU Medical offers minimal blood reflux in the catheter tip. The company has received three type of the U.S. patents for MicroClave clear needle-free connector in 2015 and 2016.
Moreover, in September 2014, RyMed Technologies developed InVision-Plus a silver-coated connector, with neutral advantage technology designed to reduce bacterial contamination. Furthermore, increasing regulatory approvals from regulatory bodies is expected to drive growth of the global needle free IV connectors market over the forecast period. For instance, in January 2016, Hospira, a Pfizer-owned company and provider of infusion technologies, received the CE mark approval for a new needle free intravenous (IV) connector, the Nuitiv Clear Needle-free Connector. Nuitiv was launched globally, with immediate availability in Latin America, followed by Europe in early 2016. Key players are focused on developing and offering connectors for intravenous and other routes of administration. For instance, U.S. Food and Drug Administration (FDA) approved world’s first needleless connector, Tego needle-free connector used in hemodialysis applications that was developed by ICU Medical Inc. in 2014. Furthermore, Vygon S.A. launched Nutrifit enteral connectors in 2016. These are used in neonates to ensure safe and secure enteral feeding.
Detailed Segmentation
By Design Type:
- Straight Channel
- T-channel
- Y-channel
- Multi-channel
By Mechanism:
- Positive
- Negative
- Neutral
By Dwell Time:
- Seven-day
- Other than Seven-day
By End User:
- Hospitals
- Ambulatory Surgical Centers
- Others
Needle-free IV Connectors Market by Geography Analysis::
North America (The US, Canada, and Mexico)
Europe (the UK, Germany, France, and Rest of Europe)
Asia Pacific (China, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Key Players In Needle-free IV Connectors Market
The “Global Needle-free IV Connectors Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Baxter International Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, CareFusion Corporation, ICU Medical, Inc., Nexus Medical LLC, RyMed Technologies, LLC, and Vygon S.A.
Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post sales analyst support
Buy This Complete A Business Report With Flat US $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/426
Frequently Asked Questions
What is Needle-free IV Connectors Market?
What are the key driving factors for the growth of Needle-free IV Connectors Market?
What are the top players operative in Needle-free IV Connectors Market?
What segments are covered in Needle-free IV Connectors report?
How can I get sample report/company profiles of Needle-free IV Connectors Market?
Customization of the Report
In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Needle-free IV Connectors Market to Witness Excellent Growth at 10.3% CAGR from 2020 to 2027 | Key Players Baxter International Inc., B. Braun Melsungen AG, Becton, Dickinson and Company appeared first on Gatorledger.
