Peripheral Intravenous Catheters Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Peripheral Intravenous Catheters (PIVCs) Market By Product Type (Short Peripheral Intravenous Catheter (Ported PIVCs and Non-ported PIVCs) and Integrated/closed Peripheral Intravenous Catheter), By Technology Type (Conventional PIVCs and Safety PIVCs), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers (ASC), Homecare Settings), and Geography

 

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Report

Description

peripheral IV catheters market size estimated to be valued USD 4,265.5 million in 2021 and poised to grow at CAGR of 6.6% over 2022-2028. 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. 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.

Peripheral Intravenous (IV) Catheter Market

MARKET SUMMARY
-
6.6% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.6%
  • Largest Market– North America
  • Fastest Growing Market– Asia-pacific

Peripheral Intravenous (IV) Catheter Market

  • The report on global peripheral intravenous (iv) catheter market gives historical, current and future market sizes (US$ Mn) on the basis of product type, technology, end-user, and geography.
  • The peripheral intravenous (iv) catheter market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Argon Medical Devices Inc. (U.S)
  • B. Braun Melsungen AG (Germany)
  • Becton Dickinson and Company (U.S)
  • C. R. Bard, Inc. (U.S)
  • Medical Components Inc. (U.S)
Peripheral Intravenous (IV) Catheter Market Dynamics

Growing adoption of parenteral drug administration and nutrient administration driving the market revenue growth. Peripheral IV catheters are long been used for administering drugs and nutrients and this has been growing over last few years, which is expected to create market demand for peripheral catheters across the globe. Moreover, rising number of inpatient, critical care admissions owing to chronic diseases and several acute diseases conditions expected to lead the market revenue growth positively over the forecast period. In addition, growing geriatric populations and rising healthcare infrastructure in developing economies driving peripheral IV catheters market globally.


North-America Got Significant Share

Peripheral Intravenous (IV) Catheter Market

North America market leads the global Peripheral Intravenous catheters market. Currently, North America market leads the Global Peripheral Intravenous Catheters (PIVCs) Market and projected to remain same over the forecast period owing to increase in adoption of a safety and short catheters in the region. Asia-pacific peripheral Intravenous catheters market projected to grow at significant CAGR over the forecast period owing to large patient population and growing healthcare infrastructure in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast.
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Peripheral Intravenous (IV) Catheter Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The peripheral intravenous (iv) catheter market is projected to expand at a CAGR of 6.6% during the forecast period

Argon Medical Devices, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, Greiner Bio-One International GmbH, ICU Medical, Inc., Intra Special Catheters GmbH

North America is the fastest-growing region for peripheral intravenous (iv) catheter market


Report

Table Of Content

1. Executive Summary
2. Global Peripheral Intravenous (IV) Catheter Market Introduction
2.1. Global Peripheral Intravenous (IV) Catheter Market – Taxonomy
2.2. Global Peripheral Intravenous (IV) Catheter Market –Definitions
2.2.1. By Product
2.2.2. By Technology
2.2.3. By End User
2.2.4. By Region
3. Global Peripheral Intravenous (IV) Catheter Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Peripheral Intravenous (IV) Catheter Market Dynamic Factors – Impact Analysis
3.6. Global Peripheral Intravenous (IV) Catheter Market – Competition Landscape
4. Global Peripheral Intravenous (IV) Catheter Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Peripheral Intravenous (IV) Catheter Market, By Product, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Short Peripheral IV Catheters
5.1.1. Ported PIVC
5.1.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. Non-ported PIVC
5.1.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.2. Integrated/Closed PIVC
5.2.1. Closed with Extension Set
5.2.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.1.3. Market Opportunity Analysis
5.2.2. Closed PIVC
5.2.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.2.3. Market Opportunity Analysis
6. Global Peripheral Intravenous (IV) Catheter Market Forecast, By Technology, 2017-2021 and Forecast, 2021 – 2027 (Revenue, USD Mn)
6.1. Conventional PIVC
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Safety PIVC
6.2.1. Closed with Extension Set
6.2.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.1.3. Market Opportunity Analysis
6.2.2. Active PIVC with Blood Control
6.2.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.2.3. Market Opportunity Analysis
6.2.3. Passive PIVC with Blood Control
6.2.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3.3. Market Opportunity Analysis
6.2.4. Active PIVC
6.2.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.4.3. Market Opportunity Analysis
6.2.5. Passive PIVC
6.2.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.5.3. Market Opportunity Analysis
7. Global Peripheral Intravenous (IV) Catheter Market, By End User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Hospitals
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Ambulatory Surgical Centers
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Clinics
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Home Use
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Others
7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
8. Global Peripheral Intravenous (IV) Catheter Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Peripheral Intravenous (IV) Catheter Market – Opportunity Analysis Index, By Product, Technology, End User, and Region, 2022-2028
9. North America Peripheral Intravenous (IV) Catheter MarketAnalysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Short Peripheral IV Catheters
9.1.1.1. Ported PIVC
9.1.1.2. Non-ported PIVC
9.1.2. Integrated/Closed PIVC
9.1.2.1. Closed with Extension Set
9.1.2.2. Closed PIVC
9.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Conventional PIVC
9.2.2. Safety PIVC
9.2.2.1. Closed with Extension Set
9.2.2.2. Active PIVC with Blood Control
9.2.2.3. Passive PIVC with Blood Control
9.2.2.4. Active PIVC
9.2.2.5. Passive PIVC
9.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Hospitals
9.3.2. Ambulatory Surgical Centers
9.3.3. Clinics
9.3.4. Home Use
9.3.5. Others
9.4. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Peripheral Intravenous (IV) Catheter Market – Opportunity Analysis Index, By  Product, Technology, End User, and Country, 2022-2028
9.6. North America Peripheral Intravenous (IV) Catheter Market Dynamics – Trends
10. Europe Peripheral Intravenous (IV) Catheter Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Short Peripheral IV Catheters
10.1.1.1. Ported PIVC
10.1.1.2. Non-ported PIVC
10.1.2. Integrated/Closed PIVC
10.1.2.1. Closed with Extension Set
10.1.2.2. Closed PIVC
10.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Conventional PIVC
10.2.2. Safety PIVC
10.2.2.1. Closed with Extension Set
10.2.2.2. Active PIVC with Blood Control
10.2.2.3. Passive PIVC with Blood Control
10.2.2.4. Active PIVC
10.2.2.5. Passive PIVC
10.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Hospitals
10.3.2. Ambulatory Surgical Centers
10.3.3. Clinics
10.3.4. Home Use
10.3.5. Others
10.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Peripheral Intravenous (IV) Catheter Market – Opportunity Analysis Index, By  Product, Technology, End User, and Country, 2022-2028
10.6. Europe Peripheral Intravenous (IV) Catheter Market Dynamics – Trends
11. Asia-Pacific Peripheral Intravenous (IV) Catheter Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Short Peripheral IV Catheters
11.1.1.1. Ported PIVC
11.1.1.2. Non-ported PIVC
11.1.2. Integrated/Closed PIVC
11.1.2.1. Closed with Extension Set
11.1.2.2. Closed PIVC
11.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Conventional PIVC
11.2.2. Safety PIVC
11.2.2.1. Closed with Extension Set
11.2.2.2. Active PIVC with Blood Control
11.2.2.3. Passive PIVC with Blood Control
11.2.2.4. Active PIVC
11.2.2.5. Passive PIVC
11.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Hospitals
11.3.2. Ambulatory Surgical Centers
11.3.3. Clinics
11.3.4. Home Use
11.3.5. Others
11.4. Country Analysis2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Peripheral Intravenous (IV) Catheter Market – Opportunity Analysis Index, By  Product, Technology, End User, and Country, 2022-2028
11.6. Asia-Pacific Peripheral Intravenous (IV) Catheter Market Dynamics – Trends
12. Latin America Peripheral Intravenous (IV) Catheter Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Short Peripheral IV Catheters
12.1.1.1. Ported PIVC
12.1.1.2. Non-ported PIVC
12.1.2. Integrated/Closed PIVC
12.1.2.1. Closed with Extension Set
12.1.2.2. Closed PIVC
12.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Conventional PIVC
12.2.2. Safety PIVC
12.2.2.1. Closed with Extension Set
12.2.2.2. Active PIVC with Blood Control
12.2.2.3. Passive PIVC with Blood Control
12.2.2.4. Active PIVC
12.2.2.5. Passive PIVC
12.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Hospitals
12.3.2. Ambulatory Surgical Centers
12.3.3. Clinics
12.3.4. Home Use
12.3.5. Others
12.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Peripheral Intravenous (IV) Catheter Market – Opportunity Analysis Index, By  Product, Technology, End User, and Country, 2022-2028
12.6. Latin America Peripheral Intravenous (IV) Catheter Market Dynamics – Trends
13. Middle East and Africa Peripheral Intravenous (IV) Catheter Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. By Product Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Short Peripheral IV Catheters
13.1.1.1. Ported PIVC
13.1.1.2. Non-ported PIVC
13.1.2. Integrated/Closed PIVC
13.1.2.1. Closed with Extension Set
13.1.2.2. Closed PIVC
13.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Conventional PIVC
13.2.2. Safety PIVC
13.2.2.1. Closed with Extension Set
13.2.2.2. Active PIVC with Blood Control
13.2.2.3. Passive PIVC with Blood Control
13.2.2.4. Active PIVC
13.2.2.5. Passive PIVC
13.3. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Hospitals
13.3.2. Ambulatory Surgical Centers
13.3.3. Clinics
13.3.4. Home Use
13.3.5. Others
13.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Peripheral Intravenous (IV) Catheter Market – Opportunity Analysis Index, By  Product, Technology, End User, and Country, 2022-2028
13.6. MEA Peripheral Intravenous (IV) Catheter Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Technology& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Argon Medical Devices, Inc.
14.2.2. B. Braun Melsungen AG
14.2.3. Becton, Dickinson and Company
14.2.4. Greiner Bio-One International GmbH
14.2.5. ICU Medical, Inc.
14.2.6. Intra Special Catheters GmbH
14.2.7. Medical Components, Inc
14.2.8. MedSource Labs
14.2.9. Nipro Corporation
14.2.10. RenovoRx, Inc
14.2.11. Retractable Technologies Inc.
14.2.12. Smith Medical
14.2.13. Teleflex Incorporated
14.2.14. Terumo Corporation
14.2.15. VOGT Medical
14.2.16. Vygon S.A.
15. Research Methodology
16. Key Assumptions and Acronyms

Report

Company Profile

  • Argon Medical Devices, Inc.
  1. Braun Melsungen AG
  • Becton, Dickinson and Company
  • Greiner Bio-One International GmbH
  •  ICU Medical, Inc.
  • Intra Special Catheters GmbH
  • Medical Components, Inc
  • MedSource Labs
  • Nipro Corporation
  • RenovoRx, Inc
  • Retractable Technologies Inc.
  • Smith Medical
  • Teleflex Incorporated
  • Terumo Corporation
  • VOGT Medical
  • Vygon S.A.

Description

peripheral IV catheters market size estimated to be valued USD 4,265.5 million in 2021 and poised to grow at CAGR of 6.6% over 2022-2028. 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. 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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