The IV catheter segment is poised to be worth just under US$ 3.5 billion at the end of the forecast period in 2022.
Albany, NY -- (SBWIRE) -- 12/21/2017 -- The global market for IV equipment is expected to witness significant development in the coming years, owing to several factors that impact the revenue growth of the global market. These factors have been summarized in a new research study included in the extensive publication database created by Market Research Reports Search Engine (MRRSE). The report also provides detailed forecasts of the global IV equipment market for the period 2017 to 2022. By providing qualitative and quantitative insights on the global IV equipment market, the report enables key stakeholders to acquire a clear picture of the global market in terms of current market scenario and future growth prospects.
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Global Market for IV Equipment: Factors Positively Impacting Revenue Growth
According to the analysis presented in the report, a growing instance of chronic diseases, an aging population in the developed economies, as well as increasing number of surgeries across the globe are certain factors expected to boost revenue growth of the global IV equipment market. There has been a marked shift in patient preference for home based care, resulting in an increasing need for ambulatory infusion pumps. This is also boosting revenue growth of the global IV equipment market.
Global Market for IV Equipment: Segmental Forecast & Analysis
The report segments the global IV equipment market by Product Type into Needleless Connectors, Drip Chambers, Stopcocks & Check Valves, Securement Devices, Infusion Pumps, Administration Sets, IV Catheters, and Other IV Equipment. The End User segmentation includes Ambulatory Care Centers, Home Care Settings, Clinics, and Hospitals. The Regional IV equipment markets tracked in this report include Middle East & Africa, Asia Pacific Excluding Japan, Japan, Europe, Latin America, and North America. The report presents detailed revenue estimations for each segment. Key metrics such as market share, Y-o-Y growth, absolute dollar opportunity, incremental dollar opportunity, and CAGR add value to the research and provide a clear understanding of the growth trajectory of the different market segments.
Among the key geographies assessed in this study, adequate focus has been given to both developed as well as developing countries. Revenue forecast of each country facilitates a clear understanding of the largest regional market for IV equipment and also the most attractive and lucrative regional market. This helps key stakeholders and investors understand where to place their bets in the global IV equipment market.
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Global Market for IV Equipment: Competition Analysis
One of the most important sections in the report features the competitive landscape prevalent in the global IV equipment market. This chapter provides a dashboard view of the top market players, and includes information on their business overview, financial details, growth strategies, and key strategic market developments. This presents a singular view of the global IV equipment market structure to potential market entrants as well as current market players, enabling them to devise market penetration and growth strategies accordingly. The leading players with businesses in the global IV equipment market are profiled in the report. A SWOT analysis of these players has also been added to provide a comprehensive overview of the current competitive ecosystem present in the global IV equipment market. Certain companies featured in this report include B. Braun Melsungen AG, Terumo Corporation, AngioDynamics, Inc., Moog, Inc., C. R. Bard, Inc., ICU Medical, Inc., Fresenius SE & Co. KGaA, Smiths Medical, Baxter International Inc., and Becton, Dickinson and Company.
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