Peripheral IV Catheters Market to Record Significant Revenue Growth During the Forecast Period 2023-2028

Stratview Research has published a new report titled “Peripheral IV Catheters Market” which is segmented by Product Type (Short Peripheral Intravenous Catheter, Integrated/Closed Peripheral Intravenous Catheter), by Technology (Conventional, Safety), by End-User (Hospitals, Ambulatory Surgical Centers, Clinics, Home Use, Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World).


As per the study, the Peripheral IV Catheters Market is expected to grow from USD 5.32 Billion in 2022 to USD 7.19 Billion by 2028 at a healthy CAGR of 5.14% during the forecast period of 2023-2028. Peripheral IV catheters are defined as a
medical device used for various purposes including administration of medications, blood products, blood sampling, and fluids. It is inserted into a small peripheral vein. It
is the most widely used intravenous device in hospitals for patients. The commonly used peripheral IV catheters include short and integrated/closed Peripheral Intravenous Catheters.


Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry's market dynamics. It thoroughly elaborated the market segments, including products, applications, and competitor analysis.


The market is bifurcated into various segments. Below given is the segment-wise analysis -
End User Trends
Based on end-user, the market has been divided into hospitals, ambulatory surgical centres, clinics, home use and others.
Hospitals accounted for the largest share of the market in 2022 due to widespread product use for various purposes including emergency cases, surgeries, and for people who face difficulty in swallowing medicines. The clinics segment is likely to register healthy growth during the review period.


Which Region is expected to remain the largest market?
The market in Europe accounted for largest share of the market in 2022 due to presence of established healthcare industry coupled with high spending on R&D activities to develop advanced medical solutions. Rising geriatric population in the developed markets is another factor fueling the product demand.
The market in Asia-Pacific region is projected to register healthy growth rate with rapidly expanding healthcare industry particularly in the countries including India and China.


Who are the Key Players in the market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, enabling strategic decision-making for the existing market players and those willing to enter the market
. The following are the key players acting in the Peripheral IV Catheters Market:
• Becton, Dickinson and Company (The US)
• Teleflex Incorporated (The US)
• Terumo Corporation (Japan)
• Smiths Medical, Inc. (The US)
• CR Bard, Inc. (The US)
• Vigmed AB (Sweden)
• Medical Components, Inc. (The US)
• B. Braun (Germany)
• Tangent Medical Technologies Inc. (The US)
• Argon Medical Devices, Inc. (The US)


Key questions answered by the report.
• What is the projected CAGR for revenue from the Peripheral IV Catheters Market during the forecast period? •
What would the market be valued at by 2028?
• What is a major driving factor for the growth of the market •
Which region accounted for the largest revenue share in the Peripheral IV Catheters Market?
• Which are the major market players?


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