The global IV Tubing Sets & Accessories Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. IV Tubing Sets & Accessories are used in dehydration, electrolyte imbalances, and specialized medication delivery of patients. It has major applications across IV tubing sets such as precise and accurate drug delivery, improved medication, and faster rate. The IV Tubing Sets & Accessories market is expanding because of factors such as the rising natality rate and risk of malnutrition in the forecast period
According to Statista in 2022, the birth rate in India stays unchanged at around 17.44 live births per 1,000 inhabitants from past three to four years. Also, according to the report published by the CDC in 2018, coronary heart disease is the most common application of cardiovascular disease and more than 370,000 people die every year in U.S. Thus, with the rising incidences of chronic disorders the market is expected to grow in the coming years. Whereas rising government initiatives and strategic initiatives by market players create lucrative opportunities for the market. However, stringent regulatory framework hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global IV Tubing Sets & Accessories Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing adoption of innovative healthcare technologies, growing prevalence of diseases. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing healthcare expenditure, incidences of chronic disorders in the forecast period
Major market players included in this report are:
Braun Medical Inc.
Zyno Medical LLC
Nipro
Polymedicure
Baxter International
ICU Medical
Fresenius Kabi
Polymedicure
Hospira Inc
BD (CareFusion)
Recent Developments in the Market:
In April 2019: Scripps Health signed an agreement with ICU Medical, Inc. This agreement helped the company to purchase latter's IV consumables and solutions, and ICU Medical MedNet IV medication safety software-based Plum 360 infusion system
Global IV Tubing Sets & Accessories Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Application, End-user, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Primary IV Tubing Sets
Secondary IV Tubing Sets
IV Tubing Accessories
Extension IV Tubing Sets
Others
By Application:
Central Venous Catheter Placement
Peripheral Intravenous Catheter Insertion
PICC Line Insertion
By End-user:
Hospitals
Ambulatory Surgical Centers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
