IV Catheters Market

IV catheters provide a different range of treatments and provide the best treatment options for patients. During the time the IV cannula is inserted into the vein, medicines, blood, fluids, could be directly supplied by the nurse or the available healthcare provider without making use of any new needle for treatment every time.  Three major categories of IVs are Central Venomous Catheters, Peripheral IVs, Midline Catheters. 
Health care workers try to adjust every type of IVC for different purposes and treatment. IVCs are used thousands of times in a hospital. It is equally important to use IVC catheter type. The physician who has access to venous must be enough confident that the venous should be confident that the medical device they are going to use should be without faults. This allows them to carry their task efficiently and seamlessly.

Impact of COVID-19 Pandemic on IV Catheters Market (Pre and Post Analysis)

• The outbreak of COVID-19 is likely to have a moderate impact on the market in the forecast period. Research and development activities to identify the threat of SARS-CoV-2 virus on the patients suffering are likely to slow the market growth.
• COVID-19 has brought about a significant burden on the healthcare industry globally, with disruption in the treatment of non-communicable diseases. Challenges exist in providing effective care.
• Realizing the disturbing healthcare trends, governments globally are making efforts to provide excellent quality healthcare to patients globally.
• Nationwide lockdowns, canceled or postponed elective surgeries, denied wound care services, rise in skin injuries are expected to show a decline during the forecast timeline. However but, on the flip side, the latter half of the forecast is predicted to show a drastic rise.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The rise in the importance of IV (intravenous) therapy is one of the major factors that are contributing to the market growth of IV catheters around the world. IV therapy is a component used critically for the treatment of various diseases and is commonly used in non-surgical and surgical patients. The rise in the number of diseases mainly chronic across the globe is another factor fueling the IV catheters market. Major diseases for death in U.S. are due to chronic diseases which account for nearly 3.5 trillion in healthcare costs annually. 

Chronic diseases like heart disease, cancer, chronic kidney disease, diabetes, and lung disease. Additionally, the rise in the healthcare infrastructure in the developing economies is likely to create lucrative opportunities for the IV catheter IV catheters growth. Due to the rise in the patients who require emergency medical services, there is seen a growth in the requirement of the well-advanced infrastructure of healthcare facilities and excellent quality healthcare services with steep rise. Moreover, the lack of skilled professionals to cope with IV catheters is one of the hurdles restraining the market growth of IV catheters.

Intravenous catheter insertion is amongst the common invasive processes in hospitals but most of the hospital staff like nurses are not trained in the use of IV catheters. Although the process to use is common, a bit technically difficult, and invasive, most physicians are also not been trained to access to use it until an opportunity or a task is provided. Additionally, the rise in population in the developing economies with rising incidents of chronic disorders and traffic injuries of the road are the crucial factors that fuel the adoption of technologically advanced infrastructure for healthcare in countries, like South Korea, India, Thailand, and China.

Key Benefits of the Report:

• This study presents the analytical depiction of the global IV catheters market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global IV catheters market share.
• The current market is quantitatively analyzed from 2021 to 2030 to highlight the global IV catheters market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed global IV catheters market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions Answered in the IV Catheters Market Research Report:

• What are the leading market players active in the IV catheters market?
• What current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the IV catheters market?
• What are the projections for the future that would help in taking further strategic steps?

 IV Catheters Market Report Highlights