Description

Global peripheral IV catheters market estimated to be valued US$ 4,265.5 Mn in 2020 and poised to grow at CAGR of 6.6% over 2021-2027. The market for peripheral IV catheters projected to reach US$ 6188 Mn by 2027 owing to increasing healthcare infrastructure and growing advances in PIVCs technology. The Global Peripheral Intravenous Catheters (PIVCs) Market report gives a comprehensive outlook on Peripheral Intravenous Catheters Market across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). The report on Peripheral Intravenous Catheters Market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, technology, end user, and geographic regions. This report studies peripheral IV catheters market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the peripheral IV catheters market report includes technology advancements; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed peripheral IV catheters market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the peripheral IV catheters market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in manufacturing, supply, and use of peripheral IV catheters.Rising preference for safety catheters over conventional catheters. Over last few years healthcare professionals increasingly preferring safety catheters over conventional catheters owing to rising concern of needlestick injuries to patients and healthcare professionals is creating the potential market opportunity for players offering safety catheters in the market. Moreover, technological advances in catheters manufacturing resulted in a reduction in hematoma-related complications and blood infections is expected to drive market revenue growth over the forecast period. For instance, usage of short peripheral catheters helps in reduction of hematoma related complications and blood infections.

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