Global Peripheral IV Catheters Market
Healthcare Services

The Peripheral IV Catheters Market Share, Market Size, And Growth Rate 2022

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The peripheral IV catheters market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 5%, as per The Business Research Company’s market report!

 

Read More On The Peripheral IV Catheters Market Report 2022 – https://www.thebusinessresearchcompany.com/report/peripheral-iv-catheters-global-market-report

 

The Peripheral IV Catheters Market Size In 2022 And Forecast

The global peripheral IV catheters market is expected to grow from $4.43 billion in 2021 to $4.78 billion in 2022 at a compound annual growth rate (CAGR) of 7.7%. The global peripheral IV catheters market size is expected to grow to $5.87 billion in 2026 at a CAGR of 5.3%.

 

The peripheral IV catheters market consists of sales of peripheral intravenous catheters (PIVCs) by entities (organizations, sole traders, and partnerships) that refer to a thin flexible tube that is placed into a vein to deliver medications and nutritional supplements.

 

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The Rising Prevalence Of Chronic Diseases Is Driving The Growth Of The Peripheral IV Catheters Market

According to the World Health Organization (WHO), a specialized agency of the United Nations, in 2020, cancer is a leading cause of death worldwide, accounting for approximately 10 million deaths, or nearly one in six deaths globally. Cancer-causing infections like human papillomavirus (HPV) and hepatitis are mostly responsible for nearly 30% of cancer cases in low and lower-middle-income countries. Therefore, the rising prevalence of chronic diseases is expected to propel the growth of the peripheral IV catheters market.

 

Competitive Landscape And The Regional Analysis Of The Peripheral IV Catheters Market

Major players in the peripheral IV catheters market are Becton, Dickinson and Company, B. Braun Melsungen AG, Smiths Medical Inc., Vygon, Terumo Corporation, Teleflex Incorporated, NIPRO Medical Corporation, Argon Medical Devices, Inc., Medical Components Inc., Vascular Pathways Inc., Tangent Medical Technologies Inc., Vigmed AB, Venner Medical, and C. R. Bard, Inc.

 

Additionally, as per TBRC’s research – North America was the largest region in the peripheral IV catheters market in 2021 holding the largest market share and is expected to be the fastest-growing region in the forecast period.

 

The Peripheral IV Catheters Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the peripheral IV catheters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the peripheral IV catheters market.

 

Technological Advancement – A Key Trend In The Peripheral IV Catheters Market

Many companies in the market are developing new products to provide technically enhanced products to their users.

 

Peripheral IV Catheters Market Segmentation By The Business Research Company

1) By Product Type: Short Peripheral Intravenous Catheters, Integrated/Closed Peripheral Intravenous Catheters (PIVC)

2) By Technology: Conventional Peripheral Intravenous Catheters (PIVC), Safety Peripheral Intravenous Catheters (PIVC)

3) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Healthcare

 

Here Are Some Reports Related To The Peripheral IV Catheters Market –

Electrophysiology Devices And Equipment Global Market Report 2022

Catheters Global Market Report 2022

Peripheral Vascular Devices And Equipment Global Market Report 2022

 

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