Intravenous Equipment Market
Intravenous Equipment Market Analysis By Product (IV Catheters, Securement Devices, Administration Sets, Infusion Sets, Drip Chambers), End User & By Region - Global Market Insights 2022 to 2027
Analysis of Intravenous Equipment market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Intravenous Equipment Market Outlook (2022 to 2027)
The global intravenous equipment market is valued at US$ 12.3 billion and is forecasted to expand at a CAGR of 5.6% to reach US$ 16.1 billion by 2027.
Sales of securement devices are anticipated to increase faster at a CAGR of 6.6% during the next five years as governments across nations are promoting the use of these devices.
| Report Attributes | Details |
|---|---|
| Intravenous Equipment Market Size (2022E) | US$ 12.3 Billion |
| Forecasted Market Value (2027F) | US$ 16.1 Billion |
| Global Market Growth Rate (2022 to 2027) | 5.6% CAGR |
| China Market Growth Rate (2022 to 2027) | 9% CAGR |
| Share in Medical Devices Market (2022) | 2.5% |
| Key Companies Profiled | Becton, Dickinson and Company; B. Braun Melsungen AG; Fresenius SE & Co. KGaA; Baxter International Inc.; Smiths Medical; ICU Medical, Inc.; C. R. Bard, Inc.; Terumo Corporation; Moog, Inc.; AngioDynamics, Inc. |
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Intravenous Equipment Sales Analysis (2017 to 2021) Vs. Market Estimations (2022 to 2027)
Devices for intravenous therapy are used to inject liquid medications right into veins. Devices used for this process are intravenous infusion equipment, intravenous injection equipment, and more.
Several portable IV machines are also available in the market, they are very helpful during any medical emergency. Small, battery-operated devices called portable infusion pumps are worn by an ambulatory person during a medical emergency. These pumps are connected to a needle or a catheter and are intended to dispense a certain medication continuously or intermittently.
Numerous businesses are now working on different infusion devices that can connect to alarm, monitoring, and data exchange systems. This integration helps patients avoid receiving an excessive or inadequate amount of infusion solutions while minimizing dosing errors.
Disposable intravenous supplies are the equipment used to provide and give drugs, fluids and blood, and administer medication to patients. The intravenous products are beneficial in controlling blood pressure or giving patients medicine or nutrition, and they can be utilized in hospitals as well as at-home healthcare.
Several chronic disorders that require vascular access treatment have become more common over the past ten years. Numerous lifestyle problems such as hypertension, diabetes, obesity, and depression are among the primary chronic diseases that require essential care while patients are in the hospital.
Other important chronic diseases are cancer, kidney failure, and heart ailments. The prevalence of these chronic diseases is fuelling demand for medical intravenous equipment.
The market size of IV equipment is expected to expand at a CAGR of 5.6% and reach US$ 16.1 billion by 2027, says Fact.MR, a market research and competitive intelligence provider.
What is Supporting the Sales of Intravenous Equipment?
“High Use of Intravenous Equipment in Treatment of Several Serious Diseases”
It is predicted that the need for surgical treatments will increase steadily due to an ageing population with chronic conditions. One of the greatest options for such disorders is IV therapy equipment, which could be advantageous for suppliers of intravenous equipment.
Numerous drugs, including those for rheumatoid arthritis, osteoporosis, Crohn's disease, systemic lupus, psoriasis, multiple sclerosis, and gout, are administered via IV treatment.
Growing prevalence of chronic diseases, the increasing number of surgeries performed globally, the growing amount of intravenous (IV) drug approvals, and the growing technological advancements in intravenous devices are all contributing factors to the growth of the IV equipment market.
Thus, increasing healthcare costs and healthcare insurance are anticipated to drive demand for intravenous equipment throughout the projected period. The main drivers of development prospects in intravenous equipment are the expansion of critical care therapies and the rise in the elderly population.
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What Could Pull Down the Sales of Intravenous Equipment?
“Problems Associated with IV Therapy & Shortage of Skilled Personnel”
Although intravenous therapy and devices are becoming more and more popular, several concerns could endanger the development of intravenous equipment.
Some of the key factors that are expected to restrain the market's growth during the projected period include the lengthy hospital stays necessary before the placement of intravenous access devices and the difficult technique for installing the devices.
It is anticipated that the difficulties with intravenous therapy and a shortage of skilled healthcare workers will hinder the market's expansion for intravenous equipment.
Complications in IV therapy may include hematoma, infiltration, an air embolism, extravascular drug administration, phlebitis, and intraarterial injection.
The absence of wireless networking in surgery centers and hospitals and medication errors related to infusion pumps that result in product recalls and strict regulatory environments are the main barriers to the market's expansion globally.
- The Institute of Medicine (U.S.) estimates that around 1.5 million patients face medication flaws per year, which costs US$ 8,750 per (Potential Adverse Drug Event) PADE.
Which Region is Emerging as a Profitable Market for Intravenous Equipment Manufacturers?
“European Union’s Initiatives for Cancer Treatment Driving Intravenous Catheter Sales in the Region”
A significant portion of the worldwide intravenous equipment market is anticipated to be dominated by North America because of the high surgical rate and availability of cutting-edge medical technology.
The market for intravenous equipment is dominated by Europe, because of the region's major nations' ongoing medical sector development. Also, growing demand for intravenous equipment, the establishment of major firms, and high spending on the development of healthcare infrastructure.
The EU Mission on Cancer and Europe's Beating Cancer Plan are two recent initiatives the European Union introduced to improve the health of more than three million cancer patients by 2030. While Europe's Beating Cancer Plan focuses on cancer legislation, the Mission on Cancer focuses on innovation and research on cancer treatment. This is an ideal instance of European cooperation.
The IV catheter typically is the best short-term option, if only a few chemotherapy infusions are required. These intravenous lines are made up of an IV bag and a short piece of tubing with a needle. As a result, an increase in IV catheter demand is anticipated.
One of the main factors expected to drive the market growth in the Asia Pacific region is the rising prevalence of chronic diseases such as asthma, diabetes, cancer, and more as a result of unhealthy food consumption tendencies. Another important factor is the rising demand for cost-effective care treatment.
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Country-wise Analysis
Why is Germany a Promising Market for Intravenous Equipment Suppliers?
“Presence of Key Manufacturers of Intravenous Equipment & Their Ongoing Innovations”
Germany is expected to be a promising market for intravenous equipment suppliers. Demand for intravenous devices in Germany is driven by the rising frequency of renal diseases and diabetes.
- In March 2021, to combat severe kidney diseases, Braun Avitum AG and CytoSorbents Corporation developed their CytoSorb® blood filtration technology.
- The B. Braun OMNI® acute dialysis machine can be utilised with the CytoSorb® adsorber, which is used in intensive care for the extracorporeal extraction of inflammatory mediators and cytokines from the bloodstream.
Thus, such innovations by top firms are expected to boost market growth in the region.
Why is Demand for Intravenous Equipment High in China?
“High Prevalence of Diabetes the Prime Factor for China’s Intravenous Equipment Market Growth”
Increasing cases of lifestyle disorders such as diabetes are responsible for the market's expansion. As a result, there will be likely an increase in demand for IV devices.
- For instance, the International Diabetes Federation (IDF) estimates that 425 million adults worldwide have diabetes, with 114 million of those instances occurring in China as a result of bad lifestyle choices and insufficient exercise.
Thus, an unhealthy diet and digestive system invite unwanted disorders which lead to hospitalization, which subsequently boosts demand for intravenous equipment.
China’s intravenous equipment market is expected to rise at an impressive CAGR of 9% from 2022 to 2027, and reach US$ 3 billion by 2027.
Category-wise Analysis
Why are IV Catheters Most Widely Used across the World?
“IV Catheters Helpful in Reducing Complications Faced During Intravenous Treatments”
To administer IV drugs, blood components, and nutritive fluids to patients, IV catheters are used. Various intravenous catheter types are available in the market such as peripheral IV catheters, central venous catheters, and midline catheters. Each intravenous type has a distinct therapy purpose for which healthcare professionals administer and use it.
Demand for intravenous catheters will rise since there is an increasing demand for short, closed peripheral IV catheters, as they can reduce complications during intravenous treatments. Furthermore, closed IV catheter systems provide safety against the hazards of a needle-stick injury.
Because of such benefits, the demand for IV catheters is expected to increase during the projected period. Sales of IV catheters are expected to progress at a CAGR of 6% from 2020 to 2027 and will reach around a valuation of US$ 5 billion by 2027.
Competitive Landscape
The market's major players are concentrating on integrating IV equipment such as IV infusion pumps with EHR technology.
Manufacturers of intravenous equipment are concentrating on leading economies to expand their market presence globally in light of the rapid growth in the healthcare sector.
- A privately-owned company with its headquarters in Salamanca, Spain, Cytognos specializes in flow cytometry technologies for the diagnosis of blood cancer, detection of minimal residual disease, & immune monitoring study for blood disorders. In February 2022, BD (Becton, Dickinson and Company) announced its acquisition of Cytognos.
Intravenous Equipment Industry Research Segmentation
-
By Product :
- IV Catheters
- Securement Devices
- Administration Sets
- Infusion Sets
- Drip Chambers
- Others
-
End User :
- Hospitals
- Clinics
- Ambulatory Care Centers
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2017 to 2021 and Forecast, 2022 to 2027
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2027
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by Product
- 9.1. IV Catheters
- 9.2. Securement Devices
- 9.3. Administration Sets
- 9.4. Infusion Sets
- 9.5. Drip Chambers
- 9.6. Others
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by End User
- 10.1. Hospitals
- 10.2. Clinics
- 10.3. Ambulatory Care Centers
- 10.4. Others
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 15. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 17. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 19. Key and Emerging Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Becton, Dickinson and Company
- 21.2. B. Braun Melsungen AG
- 21.3. Fresenius SE & Co. KGaA
- 21.4. Baxter International Inc.
- 21.5. Smiths Medical
- 21.6. ICU Medical, Inc.
- 21.7. C. R. Bard, Inc.
- 21.8. Terumo Corporation
- 21.9. Moog, Inc.
- 21.10. AngioDynamics, Inc.
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 08: Latin America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 11: Europe Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 14: South Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 17: East Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 20: Oceania Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2017 to 2021
Figure 02: Global Market Volume Forecast (in 000' Units), 2022 to 2027
Figure 03: Pricing Analysis (US$) Per Product, By Region, 2021
Figure 04: Pricing Analysis (US$) Per Product, By Region, 2021
Figure 05: Global Market Value Analysis (US$ Mn), 2017 to 2021
Figure 06: Global Market Value Forecast (US$ Mn), 2022 to 2027
Figure 07: Global Market Absolute $ Opportunity, 2022 to 2027
Figure 08: Global Market Share Analysis (%), By Product, 2022 to 2027
Figure 09: Global Market Y-o-Y Analysis (%), By Product, 2022 to 2027
Figure 10: Global Market Attractiveness Analysis by Product, 2022 to 2027
Figure 11: Global Market Share Analysis (%), By End User, 2022 to 2027
Figure 12: Global Market Y-o-Y Analysis (%), By End User, 2022 to 2027
Figure 13: Global Market Attractiveness Analysis by End User, 2022 to 2027
Figure 14: Global Market Share Analysis (%), By Region, 2022 to 2027
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2022 to 2027
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2027
Figure 17: North America Market Value Share, By Product, 2022 (E)
Figure 18: North America Market Value Share, By End User, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 21: North America Market Value Forecast (US$ Mn), 2022 to 2027
Figure 22: North America Market Attractiveness Analysis by Product, 2022 to 2027
Figure 23: North America Market Attractiveness Analysis by End User, 2022 to 2027
Figure 24: North America Market Attractiveness Analysis by Country, 2022 to 2027
Figure 25: Latin America Market Value Share, By Product, 2022 (E)
Figure 26: Latin America Market Value Share, By End User, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 29: Latin America Market Value Forecast (US$ Mn), 2022 to 2027
Figure 30: Latin America Market Attractiveness Analysis by Product, 2022 to 2027
Figure 31: Latin America Market Attractiveness Analysis by End User, 2022 to 2027
Figure 32: Latin America Market Attractiveness Analysis by Country, 2022 to 2027
Figure 33: Europe Market Value Share, By Product, 2022 (E)
Figure 34: Europe Market Value Share, By End User, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2017 to 2021
Figure 37: Europe Market Value Forecast (US$ Mn), 2022 to 2027
Figure 38: Europe Market Attractiveness Analysis by Product, 2022 to 2027
Figure 39: Europe Market Attractiveness Analysis by End User, 2022 to 2027
Figure 40: Europe Market Attractiveness Analysis by Country, 2022 to 2027
Figure 41: South Asia Market Value Share, By Product, 2022 (E)
Figure 42: South Asia Market Value Share, By End User, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 45: South Asia Market Value Forecast (US$ Mn), 2022 to 2027
Figure 46: South Asia Market Attractiveness Analysis by Product, 2022 to 2027
Figure 47: South Asia Market Attractiveness Analysis by End User, 2022 to 2027
Figure 48: South Asia Market Attractiveness Analysis by Country, 2022 to 2027
Figure 49: East Asia Market Value Share, By Product, 2022 (E)
Figure 50: East Asia Market Value Share, By End User, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 53: East Asia Market Value Forecast (US$ Mn), 2022 to 2027
Figure 54: East Asia Market Attractiveness Analysis by Product, 2022 to 2027
Figure 55: East Asia Market Attractiveness Analysis by End User, 2022 to 2027
Figure 56: East Asia Market Attractiveness Analysis by Country, 2022 to 2027
Figure 57: Oceania Market Value Share, By Product, 2022 (E)
Figure 58: Oceania Market Value Share, By End User, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2017 to 2021
Figure 61: Oceania Market Value Forecast (US$ Mn), 2022 to 2027
Figure 62: Oceania Market Attractiveness Analysis by Product, 2022 to 2027
Figure 63: Oceania Market Attractiveness Analysis by End User, 2022 to 2027
Figure 64: Oceania Market Attractiveness Analysis by Country, 2022 to 2027
Figure 65: Middle East and Africa Market Value Share, By Product, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By End User, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2017 to 2021
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2022 to 2027
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product, 2022 to 2027
Figure 71: Middle East and Africa Market Attractiveness Analysis by End User, 2022 to 2027
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2022 to 2027
Figure 73: U. S. Market Value Analysis (US$ Mn), 2022 & 2027
Figure 74: U. S. Market Value Share, By Product, 2022 (E)
Figure 75: U. S. Market Value Share, By End User, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2022 & 2027
Figure 77: Canada Market Value Share, By Product, 2022 (E)
Figure 78: Canada Market Value Share, By End User, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2022 & 2027
Figure 80: Mexico Market Value Share, By Product, 2022 (E)
Figure 81: Mexico Market Value Share, By End User, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2022 & 2027
Figure 83: Brazil Market Value Share, By Product, 2022 (E)
Figure 84: Brazil Market Value Share, By End User, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2022 & 2027
Figure 86: U. K. Market Value Share, By Product, 2022 (E)
Figure 87: U. K. Market Value Share, By End User, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2022 & 2027
Figure 89: Germany Market Value Share, By Product, 2022 (E)
Figure 90: Germany Market Value Share, By End User, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2022 & 2027
Figure 92: France Market Value Share, By Product, 2022 (E)
Figure 93: France Market Value Share, By End User, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2022 & 2027
Figure 95: Italy Market Value Share, By Product, 2022 (E)
Figure 96: Italy Market Value Share, By End User, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2022 & 2027
Figure 98: Spain Market Value Share, By Product, 2022 (E)
Figure 99: Spain Market Value Share, By End User, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2022 & 2027
Figure 101: Russia Market Value Share, By Product, 2022 (E)
Figure 102: Russia Market Value Share, By End User, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2022 & 2027
Figure 104: China Market Value Share, By Product, 2022 (E)
Figure 105: China Market Value Share, By End User, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2022 & 2027
Figure 107: Japan Market Value Share, By Product, 2022 (E)
Figure 108: Japan Market Value Share, By End User, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2022 & 2027
Figure 110: South Korea Market Value Share, By Product, 2022 (E)
Figure 111: South Korea Market Value Share, By End User, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2022 & 2027
Figure 113: India Market Value Share, By Product, 2022 (E)
Figure 114: India Market Value Share, By End User, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2022 & 2027
Figure 116: ASEAN Market Value Share, By Product, 2022 (E)
Figure 117: ASEAN Market Value Share, By End User, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2022 & 2027
Figure 119: Australia Market Value Share, By Product, 2022 (E)
Figure 120: Australia Market Value Share, By End User, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2022 & 2027
Figure 122: New Zealand Market Value Share, By Product, 2022 (E)
Figure 123: New Zealand Market Value Share, By End User, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2022 & 2027
Figure 125: GCC Countries Market Value Share, By Product, 2022 (E)
Figure 126: GCC Countries Market Value Share, By End User, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2022 & 2027
Figure 128: Turkey Market Value Share, By Product, 2022 (E)
Figure 129: Turkey Market Value Share, By End User, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2022 & 2027
Figure 131: South Africa Market Value Share, By Product, 2022 (E)
Figure 132: South Africa Market Value Share, By End User, 2022 (E)
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the estimated growth rate for the intravenous equipment market?
The global intravenous equipment market is set to expand at 5.6% CAGR from 2022 to 2027.
What is the projected market value for intravenous equipment?
The global market for intravenous equipment is expected to reach US$ 16.1 billion by 2027.
Which are the top 3 countries driving the most demand for intravenous equipment?
The U.S., China, and Germany account for the highest demand for intravenous equipment.
What is the current market value for intravenous equipment?
The global market for intravenous equipment is currently valued at US$ 12.3 billion.
Who are the top manufacturers of intravenous equipment?
Becton, Dickinson and Company, B. Braun Melsungen AG, Baxter International Inc., Smiths Medical, and Terumo Corporation are prominent manufacturers of intravenous systems.
Intravenous Equipment Market