Intravenous System Access Devices Market

Intravenous System Access Devices Market

  • HC-1464
  • 4.4 Rating
  • 184 Pages
  • Upcoming
  • 66 Reviews
  • PDF Excel PPT
raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

The global intravenous access devices market size is anticipated to expand at a CAGR of 5.6% during the forecast period, 2021-2028. The growth of the market is attributed to increasing number of patients suffering from tuberculosis and cancer.

Intravenous System Access Devices Market Key Takeaways

Intravenous access devices are used for the administration of drugs or medications, such as antibiotics or IV drugs, for the treatment of the patient. These devices are also used for the blood transfusion and diagnostic testing. The increasing burden on the healthcare sector owing to the COVID-19 outbreak has growing the demand for such devices across the globe.

Market Drivers, Restraints, Trends, and Opportunities

  • Increasing number of smokers worldwide along with rapid urbanization is spurring the market growth.
  • Rising prevalence of geriatric population is driving the segment growth.
  • Growing development of new vaccines and increasing use of advanced technology to design new products are expected to propel the market growth. Increasing level of disposable income is anticipated to stimulate the market growth.
  • Multiple use of devices for testing blood after withdrawing it through intravenous route, for faster delivery of nutrients, fluids and drugs, such as antibiotics, analgesics, and antipyretics at the site of inflammation are positively influencing the market growth.
  • Rising number of hospitalizations, as surgeries require intravenous access devices for the purpose of medication and anaesthetics, is expected to fuel the growth of the market.
  • Growing healthcare expenditure along with development of improved healthcare infrastructure is anticipated to generate massive opportunities for the industry players during the forecast period.
  • Ongoing technological advancements across the globe are speculated to foster the growth of the market.
  • Infusion Nursing Standards of Practice reported the risk of infection which through the use of intravenous system access devices, restraining the market growth.
  • Using a stopcock can result into a risk of contamination. Therefore, healthcare facilities have been advised to adhere to strict use guidelines and use needle-free connectors to reduce the risk, which is expected to hinder the growth of the intravenous system access devices market
  • Increasing awareness among the physicians and patients regarding the benefits of intravenous access devices is anticipated to create various opportunities for the growth of the market.

Scope of the Report

The report global intravenous system access devices market includes an assessment of the market, trends, segments and regional markets.

Attributes

Details

Report Title

Intravenous System Access Devices Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product Types (Catheters, Needles, and Pumps), Routes of Administration (Intravenous and Subcutaneous), Applications (Medication Administration, Administration of Fluid and Nutrition, Transfusion of Blood Products, and Diagnostic Testing), End-users (Hospitals and Clinics, Ambulatory Surgery Centers, and Others)

Regional Scope

North America, Latin America, Europe, Asia Pacific, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Driving Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Baxter International, Becton, Dickinson & Company, Braun Melsungen AG, CareFusion Corporation, Covidien Plc, Fresenius Medical Care Ag & Co, KGaA, Medtronic, Inc., Smiths Medical, and Teleflex

 

Global Intravenous System Access Devices Market Segment Insights

Subcutaneous segment to hold a considerable market share

Based on route of administration, the market is segmented into intravenous and subcutaneous. The subcutaneous segment accounted for than USD 21.9 billion in 2020 and is expected to reach USD 71 billion by 2028, expanding at a CAGR of 11% during the forecast period, 2021-2028. In subcutaneous drug delivery, the medication is injected in the subcutaneous layer, a layer between the skin and muscle, of an individual The availability of self-administrative drug delivery devices has propelled the growth of the market segment. These drug delivery devices make it possible for the patient to self-medicate themselves anywhere and anytime, in absence of professional help.

Pumps segment to account a considerable market share

On the basis of types, the market is divided into catheters, needles and pumps. The pumps segment is expected to grow at a steady rate during the forecast period. Increasing prevalence of cardiovascular diseases is driving the segment growth. On the other hand, the needles segment is expected to hold a major market share in the projected timeline.

Hospitals & clinics segment to hold a significant market share

In terms of end-users, the market is segregated into hospitals & clinics, ambulatory surgery centers, and others. The hospitals & clinics segment is expected to hold a significant market share during the forecast period owing to wide availability of advanced devices and the presence of specialized medical staff, including doctors and nurses.

Intravenous System Access Devices Market by End Users

The market in Asia Pacific to grow at a robust rate

Based on regions the market is categorized as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to grow at a robust rate due to the increasing geriatric population along with rising prevalence of chronic diseases. Moreover, increasing occurrence of target diseases along with improving healthcare infrastructure in the region is expected to boost the regional market growth.

Intravenous System Access Devices Market by Regions

Segments

Segments Covered in the Report
The global intravenous system access devices market has been segmented on the basis of:

Types

  • Catheters
  • Needles
  • Pumps

End-users

  • Hospitals and clinics
  • Ambulatory surgery centres
  • Others

Applications

  • Medication Administration
  • Administration of Fluid and Nutrition
  • Transfusion of Blood Products
  • Diagnostic Testing

Key players

  • BD
  • Teleflex,
  • C.R. Bard
  • Fresenius Medical Care
  • Smith’s Medical
  • Hospira,
  • Covidien Plc
  • Fresenius Medical Care AG & Co.
  • Baxter International

Regions

  • North America
  • East Asia
  • Europe
  • South Asia
  • Southeast Asia
  • Middle East
  • Africa
  • South America

Competitive Landscape

The major players of the market are Baxter International, Becton, Dickinson & Company, Braun Melsungen AG, CareFusion Corporation, Covidien Plc, Fresenius Medical Care Ag & Co, KGaA, Medtronic, Inc., Smiths Medical, and Teleflex.

Intravenous System Access Devices Market by Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intravenous System Access Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Intravenous System Access Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Intravenous System Access Devices Market - Supply Chain
  4.5. Global Intravenous System Access Devices Market Forecast
     4.5.1. Intravenous System Access Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Intravenous System Access Devices Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Intravenous System Access Devices Market Absolute $ Opportunity
5. Global Intravenous System Access Devices Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Intravenous System Access Devices Market Size and Volume Forecast by Types
     5.3.1. Catheters
     5.3.2. Needles
     5.3.3. Pumps
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Intravenous System Access Devices Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Intravenous System Access Devices Market Size and Volume Forecast by Applications
     6.3.1. Medication Administration
     6.3.2. Administration of Fluid and Nutrition
     6.3.3. Transfusion of Blood Products
     6.3.4. Diagnostic Testing
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Intravenous System Access Devices Market Analysis and Forecast by End Users
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by End Users
     7.2.2. Y-o-Y Growth Projections by End Users
  7.3. Intravenous System Access Devices Market Size and Volume Forecast by End Users
     7.3.1. Hospitals and clinics
     7.3.2. Ambulatory surgery centres
     7.3.3. Others
  7.4. Absolute $ Opportunity Assessment by End Users
  7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Intravenous System Access Devices Market Analysis and Forecast by Region
  8.1. Market Trends
  8.2. Introduction
     8.2.1. Basis Point Share (BPS) Analysis by Region
     8.2.2. Y-o-Y Growth Projections by Region
  8.3. Intravenous System Access Devices Market Size and Volume Forecast by Region
     8.3.1. North America
     8.3.2. Latin America
     8.3.3. Europe
     8.3.4. Asia Pacific
     8.3.5. Middle East and Africa (MEA)
  8.4. Absolute $ Opportunity Assessment by Region
  8.5. Market Attractiveness/Growth Potential Analysis by Region
  8.6. Global Intravenous System Access Devices Demand Share Forecast, 2019-2026
9. North America Intravenous System Access Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
  9.2. North America Intravenous System Access Devices Market Size and Volume Forecast by Country
     9.2.1. U.S.
     9.2.2. Canada
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. North America Intravenous System Access Devices Market Size and Volume Forecast by Types
     9.4.1. Catheters
     9.4.2. Needles
     9.4.3. Pumps
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. North America Intravenous System Access Devices Market Size and Volume Forecast by Applications
     9.7.1. Medication Administration
     9.7.2. Administration of Fluid and Nutrition
     9.7.3. Transfusion of Blood Products
     9.7.4. Diagnostic Testing
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. North America Intravenous System Access Devices Market Size and Volume Forecast by End Users
     9.10.1. Hospitals and clinics
     9.10.2. Ambulatory surgery centres
     9.10.3. Others
  9.11. Basis Point Share (BPS) Analysis by End Users
  9.12. Y-o-Y Growth Projections by End Users
  9.13. Market Attractiveness/Growth Potential Analysis
     9.13.1. By Country
     9.13.2. By Product Type
     9.13.3. By Application
  9.14. North America Intravenous System Access Devices Demand Share Forecast, 2019-2026
10. Latin America Intravenous System Access Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Latin America Average Pricing Analysis
  10.2. Latin America Intravenous System Access Devices Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
  10.4. Latin America Intravenous System Access Devices Market Size and Volume Forecast by Types
     10.4.1. Catheters
     10.4.2. Needles
     10.4.3. Pumps
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Latin America Intravenous System Access Devices Market Size and Volume Forecast by Applications
     10.7.1. Medication Administration
     10.7.2. Administration of Fluid and Nutrition
     10.7.3. Transfusion of Blood Products
     10.7.4. Diagnostic Testing
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Latin America Intravenous System Access Devices Market Size and Volume Forecast by End Users
     10.10.1. Hospitals and clinics
     10.10.2. Ambulatory surgery centres
     10.10.3. Others
  10.11. Basis Point Share (BPS) Analysis by End Users
  10.12. Y-o-Y Growth Projections by End Users
  10.13. Market Attractiveness/Growth Potential Analysis
     10.13.1. By Country
     10.13.2. By Product Type
     10.13.3. By Application
  10.14. Latin America Intravenous System Access Devices Demand Share Forecast, 2019-2026
11. Europe Intravenous System Access Devices Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Europe Average Pricing Analysis
  11.2. Europe Intravenous System Access Devices Market Size and Volume Forecast by Country
     11.2.1. Germany
     11.2.2. France
     11.2.3. Italy
     11.2.4. U.K.
     11.2.5. Spain
     11.2.6. Russia
     11.2.7. Rest of Europe
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Europe Intravenous System Access Devices Market Size and Volume Forecast by Types
     11.4.1. Catheters
     11.4.2. Needles
     11.4.3. Pumps
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Europe Intravenous System Access Devices Market Size and Volume Forecast by Applications
     11.7.1. Medication Administration
     11.7.2. Administration of Fluid and Nutrition
     11.7.3. Transfusion of Blood Products
     11.7.4. Diagnostic Testing
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Europe Intravenous System Access Devices Market Size and Volume Forecast by End Users
     11.10.1. Hospitals and clinics
     11.10.2. Ambulatory surgery centres
     11.10.3. Others
  11.11. Basis Point Share (BPS) Analysis by End Users
  11.12. Y-o-Y Growth Projections by End Users
  11.13. Market Attractiveness/Growth Potential Analysis
     11.13.1. By Country
     11.13.2. By Product Type
     11.13.3. By Application
  11.14. Europe Intravenous System Access Devices Demand Share Forecast, 2019-2026
12. Asia Pacific Intravenous System Access Devices Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Asia Pacific Average Pricing Analysis
  12.2. Asia Pacific Intravenous System Access Devices Market Size and Volume Forecast by Country
     12.2.1. China
     12.2.2. Japan
     12.2.3. South Korea
     12.2.4. India
     12.2.5. Australia
     12.2.6. Rest of Asia Pacific (APAC)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Asia Pacific Intravenous System Access Devices Market Size and Volume Forecast by Types
     12.4.1. Catheters
     12.4.2. Needles
     12.4.3. Pumps
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Asia Pacific Intravenous System Access Devices Market Size and Volume Forecast by Applications
     12.7.1. Medication Administration
     12.7.2. Administration of Fluid and Nutrition
     12.7.3. Transfusion of Blood Products
     12.7.4. Diagnostic Testing
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Asia Pacific Intravenous System Access Devices Market Size and Volume Forecast by End Users
     12.10.1. Hospitals and clinics
     12.10.2. Ambulatory surgery centres
     12.10.3. Others
  12.11. Basis Point Share (BPS) Analysis by End Users
  12.12. Y-o-Y Growth Projections by End Users
  12.13. Market Attractiveness/Growth Potential Analysis
     12.13.1. By Country
     12.13.2. By Product Type
     12.13.3. By Application
  12.14. Asia Pacific Intravenous System Access Devices Demand Share Forecast, 2019-2026
13. Middle East & Africa Intravenous System Access Devices Market Analysis and Forecast
  13.1. Introduction
     13.1.1. Basis Point Share (BPS) Analysis by Country
     13.1.2. Y-o-Y Growth Projections by Country
     13.1.3. Middle East & Africa Average Pricing Analysis
  13.2. Middle East & Africa Intravenous System Access Devices Market Size and Volume Forecast by Country
     13.2.1. Saudi Arabia
     13.2.2. South Africa
     13.2.3. UAE
     13.2.4. Rest of Middle East & Africa (MEA)
  13.3. Absolute $ Opportunity Assessment by Country
  13.4. Middle East & Africa Intravenous System Access Devices Market Size and Volume Forecast by Types
     13.4.1. Catheters
     13.4.2. Needles
     13.4.3. Pumps
  13.5. Basis Point Share (BPS) Analysis by Types
  13.6. Y-o-Y Growth Projections by Types
  13.7. Middle East & Africa Intravenous System Access Devices Market Size and Volume Forecast by Applications
     13.7.1. Medication Administration
     13.7.2. Administration of Fluid and Nutrition
     13.7.3. Transfusion of Blood Products
     13.7.4. Diagnostic Testing
  13.8. Basis Point Share (BPS) Analysis by Applications
  13.9. Y-o-Y Growth Projections by Applications
  13.10. Middle East & Africa Intravenous System Access Devices Market Size and Volume Forecast by End Users
     13.10.1. Hospitals and clinics
     13.10.2. Ambulatory surgery centres
     13.10.3. Others
  13.11. Basis Point Share (BPS) Analysis by End Users
  13.12. Y-o-Y Growth Projections by End Users
  13.13. Market Attractiveness/Growth Potential Analysis
     13.13.1. By Country
     13.13.2. By Product Type
     13.13.3. By Application
  13.14. Middle East & Africa Intravenous System Access Devices Demand Share Forecast, 2019-2026
14. Competition Landscape
  14.1. Global Intravenous System Access Devices Market: Market Share Analysis
  14.2. Intravenous System Access Devices Distributors and Customers
  14.3. Intravenous System Access Devices Market: Competitive Dashboard
  14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     14.4.1. BD
     14.4.2. Teleflex
     14.4.3. C.R. Bard
     14.4.4. Fresenius Medical Care
     14.4.5. Smith’s Medical
     14.4.6. Hospira
     14.4.7. Covidien Plc
     14.4.8. Fresenius Medical Care AG & Co.

Purchase Premium Report