Peripheral Intravenous Catheters (PIVC) Market in United States, United Kingdom– Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)
Publication ⇒Nov-23 Delivery Time ⇒ 5-7 Business Days Report Code ⇒PBCHC307-10M-OT
Peripheral Intravenous Catheters (PIVC) Market – Report Overview
Pacific Business Consulting’s “Peripheral Intravenous Catheters (PIVC) Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Peripheral Intravenous Catheters (PIVC) market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.
In 2022, the Peripheral Intravenous Catheters market exceeded a valuation of US$ 2.1 Billion and is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 9.0% from 2023 to 2030. The market is expected to potentially surpass US$ 3.5 Billion by 2030.
Peripheral Intravenous Catheters (PIVC) are innovative drug delivery systems utilized for therapeutic purposes, including the administration of medications, fluids, or blood products, as well as blood sampling. Placed in a vein on the arm or hand, they are the most commonly used vascular access in medicine. These catheters play a crucial role in collecting blood samples for diagnostic purposes.
The increasing incidence of needlestick injuries is compelling healthcare professionals to adopt drug delivery devices that minimize such risks and enhance patient comfort. Consequently, the rise in needlestick injuries is driving the demand for safer devices, contributing to the growth of the peripheral intravenous catheters market.
Market growth is fueled by the growing prevalence of cardiovascular, neurology, and urology disorders, the increased use of advanced materials in catheters, and a rising demand for minimally invasive surgeries. Cardiovascular, urology, and neurology diseases have become leading causes of mortality and morbidity globally. The utilization of peripheral intravenous catheters in treating these chronic diseases, leading to hospitalization, is expected to propel market growth. For instance, a study published in Circulation in July 2021 highlighted that peripheral artery disease (PAD) affects over 230 million individuals globally, associated with an elevated risk of adverse clinical outcomes such as coronary heart disease and stroke. The high global incidence of PAD and its associated risk factors is projected to drive demand for peripheral IV catheters.
The prevalence of neurological disorders, such as Alzheimer’s and Parkinson’s disease, strokes, multiple sclerosis, epilepsy, migraines, brain traumas, and neuro infections, is substantial, further contributing to market growth. Integrated peripheral intravenous catheters play a role in reducing internal pressures on veins, decreasing irritation, and minimizing the risk of contamination and infection.
These catheters have a flat/rectangular face against the skin and a round/half-cylindrical shape at the top, reducing external pressure on veins and decreasing irritation, phlebitis, internal swelling, and occlusion compared to traditional fully cylindrical-shaped catheters.
Peripheral intravenous catheters are frequently used in hospitals, with 33-67% of hospitalized patients requiring at least one implantation. They are crucial for various medical procedures, including parenteral nutrition, infusing solutions, blood product administration, and intravenous medication administration. The demand for peripheral intravenous catheters in hospitals is rising due to increasing patient admissions, a trend expected to continue in the coming decade.
Key players in the Peripheral Intravenous Catheters (PIVC) segment, such as B. Braun Melsungen AG, Venner Medical, Vygon, Teleflex Incorporated, C. R. Bard, Inc., NIPRO Medical Corporation, Argon Medical Devices, Inc., Becton, Dickinson, and Company, Smiths Group plc., and Terumo Corporation, are expected to play a pivotal role in shaping the future landscape of Peripheral Intravenous Catheters technologies through ongoing innovation.
Scope of Report
The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Peripheral Intravenous Catheters (PIVC) market. It also delves into the analysis of present and prospective market competition within the global Peripheral Intravenous Catheters (PIVC) market.
Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.
Reasons to Buy
- Develop your business strategies by gaining insights into the trends that shape and drive the Peripheral Intravenous Catheters (PIVC) market across the 10MM (Ten Major Markets).
- Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Peripheral Intravenous Catheters (PIVC) market.
- Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
- Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.
- Executive Summary: Peripheral Intravenous Catheters (PIVC)
- Global Market Outlook: Peripheral Intravenous Catheters (PIVC)
- Competitive Intelligence Analysis: Peripheral Intravenous Catheters (PIVC)
- Therapeutic Sector SWOT
- Technology Roadmap Analysis: Peripheral Intravenous Catheters (PIVC)
- Market Background
- Drivers
- Restraints
- Opportunity
- Key Market Trends
- Key Unmet Needs
- Key Marketed Products Profile – Major Approved Products: Peripheral Intravenous Catheters (PIVC)
- Product Profile
- Safety and Efficacy
- Regulatory Landscape
- Peripheral Intravenous Catheters (PIVC): Ten Major Market (10MM) – Market Analysis, By Product
- Integrated/Closed PIVC
- Short Peripheral IV Catheter
- Peripheral Intravenous Catheters (PIVC): Ten Major Market (10MM) – Market Analysis, By Technology
- Safety PIVC
- Conventional PIVC
- Peripheral Intravenous Catheters (PIVC): Ten Major Market (10MM) – Market Analysis, By End User
- Hospitals & Specialty Clinics
- Ambulatory Surgical Centers
- Academic & Research Institutes
- Peripheral Intravenous Catheters (PIVC): Ten Major Market (10MM) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- S. Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- K. Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Germany Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- France Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Italy Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Spain Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Japan Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- China Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Australia Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- India Peripheral Intravenous Catheters (PIVC) – Market Analysis
- Historical Market Analysis (US$ million), 2020-2022
- By Product
- By Technology
- By End User
- Current and Future Market Projections (US$ million), 2023-2030
- By Product
- By Technology
- By End User
- Historical Market Analysis (US$ million), 2020-2022
- Competitive Landscape
- Company Overview
- Product Portfolio
- Key Financials
- Sales Footprint
Note – All Major Company Profiles (Count up to 20) will be covered in the report
- Assumptions and Acronyms Used
- Research Methodology
- Secondary Research
- Primary Research
- Data Triangulation
- Geographic Scope
- The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
- Copyrights and Disclaimer
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