Peripheral intravenous (IV) catheters are commonly used for vascular access. Medicine administered through a peripheral intravenous (IV) catheter enters directly into the blood flow and thus shows rapid action. With the advantage of rapid action, peripheral intravenous (IV) catheters are commonly used in emergency patients, surgical patients and patients suffering from vomiting, pediatric patients, unconscious patients and the elderly population, who face difficulty in swallowing medicines.
Albany, NY -- (SBWIRE) -- 04/17/2017 -- Market Research Reports Search Engine (MRRSE) has recently announced the addition of a new report to its ever-expanding online repository of market intelligence on Global Peripheral Intravenous Catheters Market. This report is titled as "Peripheral Intravenous Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024".
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Peripheral intravenous (IV) catheter involves a small tube placed directly into a peripheral vein in order to govern medication directly into the blood circulation and thus producing rapid results. Apart from medication, peripheral intravenous (IV) catheters are used to take blood samples from veins for testing purposes and for vascular access. Peripheral intravenous (IV) catheters are usually used for emergency patients, pediatric patients, surgical patients, elderly population, unconscious patients and patients suffering from vomiting and those who struggle in swallowing medicines. Factors that are driving growth in the global peripheral intravenous (IV) catheters market are aging of population and progress in treatment and surgical technologies, which in-turn result in increased surgical procedures. While, factors that are restraining growth of the global market are the high cost of closed catheters, painful injections and large requirement of trained medical professionals.
This report on global peripheral intravenous catheters market offers an all-inclusive evaluation of this market, including an in-depth insight into the historical data with a growth forecast during the period of 2016 – 2024. The estimations included in the study have been derived using established research methodologies and assumptions. The report is prepared through primary research (surveys, interviews and observations of industry analysts) and secondary research (industrial journals, company reports, industrial reports and other paid sources). It also covers a thorough analysis of ongoing trends in the global market including patents, regulations, macro and micro-economic aspects and mandates.
For a better analysis of global peripheral intravenous catheters market, it is segmented based on the type of catheters available which include:
-Peripheral insertion catheters
Geographically, the global peripheral intravenous (IV) catheters market is segmented into North America, Europe, Asia-Pacific and rest of the world. North America is currently leading the global market and followed by Europe. Factors responsible for the growth in these regions are the presence of a large pool of the elderly population, modern healthcare infrastructure, and high healthcare spending.
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Some of the key players in the peripheral intravenous (IV) catheters market are Terumo Corporation, B. Braun Melsungen AG, Becton, Dickenson and Co., Teleflex Inc., Smiths Medical, C.R. Bard Inc., Tangent Medical Technologies, Argon Medical Devices Inc., Vygon SA, Vascular Pathways Inc., Medical Components Inc. and VIGMED AB.
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