Intravenous therapy (IV) refers to the use of infusion to deliver required liquid medications to the veins. It is one of the best choices available and benefits the companies in the market. The global IV equipment market is estimated to reach $15.46 Billion by 2025 at a CAGR of 6.2% from $10.77 Billion in 2017 during 2019-2025. Factors such as rising demand for ambulatory infusion pumps due to the growing home care market, increasing incidence of chronic diseases and rising geriatric population are driving the growth of the market. Despite these drivers, stringent regulatory requirements for new products, increasing incidence of medication errors, and nonexistence of wireless connectivity in maximum hospitals are major restraints hampering the growth of the market. High growth in developing countries and technological advancements are offering significant opportunities to the IV equipment market.
Research Study Objectives:
- Define, estimate, and forecast the IV Equipment market statistics by product, end user and regions concerning the individual growth drivers, market trends and their contribution toward the IV Equipment market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the IV Equipment Market Analysis
- Analysis and conclusions on the future IV Equipment market outlook.
Top-down and bottom-up approaches are used to validate the IV Equipment Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including
Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The IV Equipment Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the IV Equipment market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The IV Equipment market segmentation is as follows:
By Product
- IV Catheters
- Administration Sets
- Solution Administration Sets
- Blood Administration Sets
- Infusion Pumps
- Securement Devices
- Stopcocks & Check Valves
- Drip Chambers
- Needleless Connectors
- Other IV Equipment
By End User
- Hospitals & Clinics
- Home Care
- Ambulatory Care Centers
Geographical Analysis:
IV Equipment Market is segmented by geography into North America, South America, Europe, Asia Pacific, and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. The Asia Pacific is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other
emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the IV Equipment Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global IV Equipment Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant IV Equipment market players, such as
- Braun Melsungen AG
- Becton, Dickinson and Company
- Baxter International Inc.
- Fresenius Se & Co. KGaA
- ICU Medical, Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global IV Equipment competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
