Wilmington, Delaware, United States, Transparency Market Research Inc.: The catheters that are utilized to access the patient’s vascular system through veins are known as intravenous catheters.
Wilmington, Delaware, United States, Transparency Market Research Inc.: The catheters that are utilized to access the patient’s vascular system through veins are known as intravenous catheters. These catheters are thin tubes that are used to serve various medical purposes such as use in administration of medications, surgical procedures, removal of body fluids, and treating diseases. Intravenous catheters are available in two different forms: midline peripheral catheters and central catheters.
Read Report Overview - https://www.transparencymarketresearch.com/intravenous-catheters-market.html
Intravenous catheters are inserted into a vein in a patient’s body and positioned within the same either to deliver various therapeutics into the patient’s bloodstream or to withdraw blood mainly for diagnostic testing. Rise in global incidence rates of chronic diseases such as diabetes, cancer, and acute infectious diseases, along with cardiovascular disorders, has tremendously increased the demand for intravenous catheters used to administer drugs to patients
Moreover, increase in elderly population across the globe is a contributor to this rising demand for intravenous catheters
Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=75417
Key Drivers and Restraints of Global Intravenous Catheters Market
Rise in Incidence of Target Diseases such as Cancer and Viral Infections Drives Global Market
Intravenous catheters devices are used for the delivery of various medications such as analgesics, antipyretics, anesthesia, and anticancer drugs. Increase in incidence of viral infections, cancer, and tuberculosis (TB) is expected to boost the intravenous catheters market. The most common use of intravenous catheters is for the administration of antiviral drugs and analgesics.
According to statistics published by UNAIDS, around 37.9 million individuals globally were living with HIV at the end of 2018 and around 1.7 million people became newly infected by HIV in 2018 due to the changing lifestyles. This number is expected to grow in the near future.
Similarly, increase in number of cancer patients is likely to augment the market, since these patients require administration of drugs and analgesic agents at regular intervals. It has been projected by the WHO that by 2030, around 13.1 million people would die from cancer worldwide.
This alarming increase in number of cancer patients is expected to increase the utilization of intravenous catheters.
Thus, rise in incidence of target diseases such as cancer and viral infections is expected to propel the global intravenous catheters market during the forecast period.
Ask for References - https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=75417
Intravenous Catheters Market: Segmentation
Based on product type, the global intravenous catheters market can be segmented into midline peripheral catheters and central catheters
Midline peripheral catheters are the venous access devices that range between 3 to 10 inches in length. These catheters are usually placed in the vein of the upper arm – the cephalic vein that is below the level of axillary line.
Central catheters are inserted in veins within the patient’s thorax. The physicians prefer to use a central catheter when administration of intravenous (IV) fluids, blood products, and medication is required in large volumes and for longer durations in the patients.
Central catheters are further segmented into peripherally inserted central catheters (PICC) and central venous catheters
Based on end-user, the global intravenous catheters market can be categorized into hospitals, long term care centers, ambulatory surgical centers, dialysis centers, and others
Buy Intravenous Catheters Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=75417<ype=S
Emerging Economies to Offer Growth Opportunities
In terms of region, the global intravenous catheters market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
North America is expected to constitute the largest market for intravenous catheters. Rise in prevalence of cancer in the U.S. and Canada has increased the demand for its early diagnosis and treatment. Intravenous catheters play a key role in the diagnosis and treatment of almost every disease. According to the American Cancer Society (ACS), in 2018, around 1,735,350 new cases of cancer were reported in the U.S. and over 609,640 patients died due to cancer in the same year. This increase in cancer patient population and deaths occurring due to the disease is one of the primary reasons for the growth of intravenous catheters market in North America.
Key Manufactures Operating in Global Market
The global intravenous catheters market was highly fragmented in 2018. Key players operating in the global intravenous catheters market include:
- Becton Dickinson and Company
- Braun Melsungen AG
- Smith Medical
- Terumo Corporation
- Vygon Group
More Trending Reports by Transparency Market Research –
Medical Imaging Equipment Services Market: The global medical imaging equipment services market is anticipated to reach US$ 29.2 Bn by the end of 2031.The global market is projected to expand at a CAGR of 6.1% from 2022 to 2031
Laboratory Information Systems Market: The value of the global laboratory information systems market size stood at US$ 2.2 Bn in 2021. The global market is projected to grow at a CAGR of 8.3% from 2022 to 2031.
Ultra-large Volume Wearable Injectors Market: The global ultra-large volume wearable injectors market is anticipated to exceed US$ 6.6 Bn by the end of 2031.The global market is projected to grow at a CAGR of 9.1% from 2022 to 2031
Ambulance Services Market: The global ambulance services market is anticipated to reach more than US$ 70 Bn by the end of 2031.The global market is projected to register a CAGR of 4.5% from 2022 to 2031
Depth of Anesthesia Monitoring Devices Market: The global depth of anesthesia monitoring devices market is anticipated to reach US$ 382.4 Mn by the end of 2031.It is projected to grow at a CAGR of 4.2% from 2022 to 2031
mHealth Services Market: The global mHealth services market is anticipated to reach US$ 415.6 Bn by the end of 2031.The global market is estimated to grow at a CAGR of 15.7% from 2022 to 2031
Healthcare ERP Market: The global healthcare ERP market is expected to reach the value at US$ 9.6 Bn by the end of 2031.It is estimated to expand at a CAGR of 6.5% from 2021 to 2031
Diabetes Supplements Market: The global diabetes supplements market is expected to reach the value of US$ 13.4 Bn by the end of 2031. It is estimated to expand at a CAGR of 4.2% from 2021 to 2031
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com