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(MoneyNewsWire.Net, December 09, 2017 ) North America IV Equipment Market is worth USD 3.15 billion in 2016 and estimated to grow at a CAGR of 7.5%, to reach USD 4.5 billion by 2021. The North America IV Equipment market is developing at a remarkably quick speed.
Intravenous therapy is the flow of liquid components directly into a vein. Intravenous (IV) means inside vein. Intravenous infusions are commonly referred to as drips. The intravenous route is the fastest way to transport fluids and medications all over the body.
Aged population and increased access to hospice and end-of-life palliative care will continue to drive demand for IV equipment for drug and nutrient infusion. Carrying out of a number of government programmmes will also drive up adoption of intravenous management of diseases. Rise in cancer, diabetes, gastrointestinal diseases, neurological conditions and malnutrition; upsurge in healthcare spending and development of healthcare infrastructure represent the other macro drivers influencing market development, especially in rising countries.
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The North America market for IV Equipment is segmented on the basis of Product, End User and region. Based on product, the market is segmented into IV Catheters, Administration Sets, Infusion Sets, Securement Devices, Stopcocks and Check Valves, Drip Chambers, Needleless Connectors, Other IV Equipment. The IV catheters segment is expected to have the major share of the IV Equipment Market in 2017. Based on End User, the market is segmented into Hospitals and Clinics, Home Care, Ambulatory Care Centers.
The North America market has been geographically segmented into segmented into US, Canada and Mexico. North America has the highest no. share in the Metabolomics market.USA has the highest demand followed by Canada and Mexico. The North America region is largely driven by medical concerns.
Market Segmentation:
1 Product
1.1 IV Catheters
1.2 Administration Sets
1.3 Infusion Sets
1.4 Securement Devices
1.5 Stopcocks and Check Valves
1.6 Drip Chambers
1.7 Needleless Connectors
1.8 Other IV Equipment
1.9 Y-o-Y Growth Analysis, By Product
1.10 Market Attractiveness Analysis, By Product
1.11 Market Share Analysis, By Product
2 End User
2.1 Hospitals and Clinics
2.2 Home Care
2.3 Ambulatory Care Centers
2.4 Y-o-Y Growth Analysis, By Type
2.5 Market Attractiveness Analysis, By Type
2.6 Market Share Analysis, By Type
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Scope of the report:
· Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
· Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
· Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
· Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
· Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
· A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
· Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
· An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
· Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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ICU Medical, Inc. (U.S.), Smiths Medical (U.K.), Moog, Inc. (U.S.), Becton, Dickinson and Company (U.S.), B. Braun Melsungen AG (Germany), Baxter International Inc. (U.S.), Fresenius SE & Co. KGaA (Germany), Terumo Corporation (Japan.),and C. R. Bard, Inc. (U.S.), are the leaders in the North America IV Equipment market.
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