2024-2033 Peripheral IV Catheters Market: Key Insights on Growth Opportunities
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What is the Expected Growth Rate of the Peripheral IV Catheters Global Market Report 2024 Market from 2024 to 2033?
The peripheral IV catheters market has experienced strong growth in recent years. It is expected to grow from $5.19 billion in 2023 to $5.58 billion in 2024, with a CAGR of 7.4%. Contributing factors include the expansion of healthcare facilities, an aging population with more chronic diseases, an increase in surgical and medical procedures, higher hospital admissions, and rising demand for vascular access devices.
The peripheral IV catheters market is expected to grow to $7.67 billion by 2028 at a CAGR of 8.3%. Growth is driven by the demand for minimally invasive procedures, short peripheral catheters for outpatient care, and the integration of antimicrobial coatings. Trends include ultrasound-guided catheter insertion, wireless monitoring, and the shift toward disposable catheters.
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What Key Factors Are Fueling the Growth of the Peripheral IV Catheters Global Market Report 2024 Market?
The peripheral IV catheters market is set to expand due to the rising prevalence of chronic diseases. In 2022, almost half of the Australian population (46.6%) had at least one chronic illness, with mental and behavioral problems, back pain, and arthritis being the most common. This prevalence of chronic diseases is expected to drive the peripheral IV catheters market in 2023, 2024, and 2028.
What Are the Major Segments of the Peripheral IV Catheters Global Market Report 2024 Market?
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
What New Trends Are Transforming the Peripheral IV Catheters Global Market Report 2024 Market?
Technological advancements are shaping the peripheral IV catheters market, with B. Braun Medical’s Introcan Safety 2 IV catheter being a recent innovation. Launched to enhance safety for clinicians by reducing needlestick injuries, it reflects the industry’s focus on technical improvements.
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Which Regions Are Driving Growth in the Peripheral IV Catheters Global Market Report 2024 Market?
North America was the largest region in the peripheral IV catheters market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the peripheral iv catheters market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Peripheral IV Catheters Global Market Report 2024 Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the peripheral iv catheters global market report 2024 market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Peripheral IV Catheters Global Market Report 2024 Market Include
1. Peripheral IV Catheters Global Market Report 2024 Market Executive Summary
2. Peripheral IV Catheters Global Market Report 2024 Market Segments
3. Peripheral IV Catheters Global Market Report 2024 Market Size And Template Market Growth Rate
4. Key Peripheral IV Catheters Global Market Report 2024 Market Trends
5. Major Peripheral IV Catheters Global Market Report 2024 Market Drivers
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25. Key Mergers And Acquisitions In The Peripheral IV Catheters Global Market Report 2024 Market
26. Top Peripheral IV Catheters Global Market Report 2024 Companies
27. Peripheral IV Catheters Global Market Report 2024 Market Opportunities And Strategies
28. Peripheral IV Catheters Global Market Report 2024 Market, Conclusions And Recommendations
29. Appendix
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