Intravenous access devices are utilized by physicians to deliver medication to the patient’s blood stream through the intravenous route. An intravenous access device can also withdraw the blood for testing or diagnosis.

An intravenous access device prevents the air from entering the blood stream and allows the estimation of flow rate. Intravenous access devices are used for various purposes such as to correct the electrolyte imbalances, to deliver medications, fluid replacement or for blood transfusion. Moreover, it can also be used in cases of dehydration.

Additionally, intravenous access devices are used for administering treatments for chronic diseases such as diabetes, cancer, cardiovascular disorders, with acute infectious diseases which is favoring the growth of the intravenous access devices market. Moreover, urbanization and the growing geriatric population all over the world is expected to boost the growth of the intravenous access device market.

Market Dynamics

Rising incidence of cardiovascular disease due to increase in prevalence of diabetes, high blood pressure and number of smokers worldwide is expected to drive demand for intravenous access device across the globe.

According to World Health Organization (WHO), in 2015 around 17.7 million people died due to cardiovascular disease worldwide. Furthermore, the majority of deaths occurred in emerging economies due to high prevalence rate and lack of healthcare services in rural areas.

Also, increasing aging population and rising demand for intravenous access devices are the other factors leading to the growth of the intravenous access device market in developed as well as emerging economies.

As per United Nations Population Fund, people in the age group of 60 years and above accounted for 12.3% of the global population in 2015, which is expected to increase to 22% by 2050. The factors behind aging population in developed regions are healthcare services, easy access of healthcare facilities, better nutrition, sanitation, and economic development.

Key features of the study

• This report provides in-depth analysis of the global intravenous access devices market, market size (USD Mn), and compound annual growth rate (CAGR (%) for the forecast period, 2019-2027, considering 2018 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
• It profiles key players in the global intravenous access devices market based on the following parameters: company overview, financial performance, product portfolio, geographical presence, key developments, and strategies
• Key players covered as a part of this study include Becton, Dickinson And Company, Teleflex, Inc., C.R. Bard, Inc., Fresenius Medical Care, Smiths Medical, Inc., Hospira, Inc., Covidien Plc, Fresenius Medical Care AG & Co., and  Baxter International Inc..
• Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
• The global intravenous access devices market report caters to various stakeholders in this industry which include investors, product manufacturers, distributors, and suppliers for global intravenous access devices market, research and consulting firms, new entrants, and financial analysts

Market Segmentation

• By Product Type Insights (Revenue, USD Mn, 2021 - 2033)
  • IV Catheters
  • IV Infusion Pumps
  • IV Needles
• By Catheter Type Insights (Revenue, USD Mn, 2021 - 2033)
  • Midline Peripheral Catheters
  • Peripherally Inserted Central Catheters
  • Centrally Inserted Central Catheters
  • Others
• By End User (Revenue, USD Mn, 2021 - 2033)
  • Hospitals and Clinics
  • Ambulatory Surgery Centers
• By Region Insights (Revenue, USD Mn, 2021 - 2033)
  • North America
    
    • U.S.
    • Canada
  • Latin America
    
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    
    • GCC Countries
    • Israel
    • Rest of Middle East & Africa
• Key Players in the Intravenous Access Devices Market  
  • Becton, Dickinson And Company
  • Teleflex, Inc.
  • C.R. Bard, Inc.
  • Fresenius Medical Care
  • Smiths Medical, Inc.
  • Hospira, Inc.
  • Covidien Plc
  • Fresenius Medical Care AG & Co.
  • Baxter International Inc.