According to Data Bridge Market Research new Market report “Global IV Equipment Market, By Product (Infusion Pump, Catheter, Solution and Blood Administration Set, Securement Device, Cannula, Stopcock, Needleless Connector); End User (Hospitals & Clinics, Homecare, Ambulatory Care Center);Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Trends and Forecast to 2024”, the global IV equipment marketaccounted to USD 9.8 billion in 2016 at a CAGR of 8.3% during the forecast period of 2017 to 2024.
Key Points: Global IV Equipment Market
Major factors which propelled the growth of this market consist of rising incidence of chronic diseases, along with the growth in the aging people, and increasing number of surgical treatments. Other factors such as the large number of patients, utilization of technologically advanced IV products and rapid development of infrastructure are also fueling up the market growth. Manufacturers too have to produce a high quality of IV equipment so as to shift the market demand upwards.
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Segmentation: Global IV Equipment Market
The Global IV Equipment Market is segmented on the basis of product and end users.
- Product
- Infusion Pump
- Catheter
- Solution and Blood Administration Set
- Securement Device
- Cannula, Stopcock
- Needleless Connector
- End User
- Hospitals & Clinics
- Homecare
- Ambulatory Care Center
Geographical Segmentation: Global IV Equipment Market
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
Major players operating in global IV equipment market are :
- B. Braun Melsungen AG (Germany)
- Becton, Dickinson and Company (U.S.)
- Fresenius SE & Co. KGaA (Germany)
- Smiths Medical (U.K.)
- Baxter (U.S.)
- ICU Medical, Inc. (U.S.)
- Moog, Inc. (U.S.)
- AngioDynamics, Inc. (U.S.)
- Animas Corporation (U.S.)
- C. R. Bard, Inc. (U.S.)
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