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IV Tubing Sets and Accessories Market to Grow at a CAGR of 4.36% over the Forecast Period

The Global IV Tubing Sets And Accessories Market is projected to register a CAGR of 4.36% over the forecast period. IV tubing sets and accessories are widely used for treating patients with electrolyte imbalance and dehydration. They are also used for specialized drug delivery as well as for the delivery of nutrient fluids into a patient’s body. These tubing sets offer high drug-delivery accuracy rate, faster results, and several other advantages. The IV tubing sets and accessories market segmentation is based on product type, end-use, application, and region.

Key Factors Driving the Growth of the IV Tubing Sets and Accessories Market:

  • Increased manufacturing base
  • Growing prevalence of chronic pain and diabetes
  • Rapid acceptance of new and innovative technology
  • Prevalence of chronic diseases such as cancer
  • Development of advanced IV tubing sets and accessories

IV Tubing Sets and Accessories Market, By Product Type:

Based on the product type, the global IV tubing sets and accessories market has been segmented into primary IV tubing sets, secondary IV tubing sets, extension IV tubing sets, accessories for IV tubing, and others. Increased usage of primary IV tubing sets infused with intermittent or continuous medications or fluids has resulted in the growth of this segment. The primary IV tubing sets segment held the largest market share in 2019.

IV Tubing Sets and Accessories Market, By End-use:

Based on end-use, the global IV tubing sets and accessories market is divided into hospitals, clinics, outpatient surgery centres, and others. The hospital end-use segment had the largest market share in 2019, owing to a rise in the prevalence of cardiovascular diseases, which has led to an increased rate of hospitalization of patients.

IV Tubing Sets and Accessories Market, By Applications:

Based on applications, the global market has been segmented into lateral intravenous catheter insertion, central venous catheter placement, and peripheral intravenous catheter insertion (PICC). The PICC allows drugs, fluids, and blood products to be delivered directly into the patient's cardiovascular system, which ensures rapid absorption by the target organs. This is the main factor responsible for the growth of the PICC segment, which is expected to dominate the applications segment over the forecast period.

IV Tubing Sets and Accessories Market, By Region:

Based on regions, the global IV tube sets and accessories market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The market has been dominated by North America due to the presence of a large aging population in the region, along with the increasing prevalence of diseases and adoption of advanced healthcare technologies.

An increasing patient pool, government efforts for improving patient awareness, need for technological advancement, and integration of cost-effective healthcare solutions are the factors that are excepted to fuel the demand for IV tubing sets and accessories in the Asia Pacific region over the forecast period. The Asia Pacific region is projected to register a high CAGR during the forecast period.

Competitive Landscape

Our researchers have studied the market in depth and have developed important segments such as product type, application, and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects, and CAGR. Each market segment offers in-depth, qualitative and quantitative information on market outlook.

The major companies operating in the market are focusing on mergers, acquisitions, agreement, product launch, and partnerships in order to strengthen their market position. The main companies include Becton, Dickinson and Company (CareFusion), Zyno Medical, Health Line International Corporation, C.R. Bard, Inc., Baxter International Inc., Perfect Medical Ind. Co., Ltd, B. Braun Melsungen AG, Dynarex Corporation, Fresenius Kabi AG, Vygon U.S.A, Nipro Corporation, Smiths Medical, B., Poly Medicure Ltd., ICU Medical Inc., and Hospira Inc. (Pfizer Inc.), among others.

This report includes the profiles of key IV tubing sets and accessories market companies, along with their SWOT analysis and market strategies. In addition, the competitive landscape provides a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Market Segmentation:

By Product Type:

  • Primary IV Tubing Sets
  • Secondary IV Tubing Sets
  • Extension IV Tubing Sets
  • IV Tubing Accessories
  • Others

 By End-Use:

  • Hospitals
  • Clinics
  • Ambulatory Surgery Centres
  • Others

 By Applications:

  • Peripheral Intravenous Catheter Insertion
  • Central Venous Catheter Placement
  • PICC Line Insertion

By Region:

  • North America IV Tubing Sets and Accessories Market
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By End-Use
    • By Applications
  • Europe IV Tubing Sets and Accessories Market
    • By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
    • By Product Type
    • By End-Use
    • By Applications
  • Asia Pacific IV Tubing Sets and Accessories Market
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Type
    • By End-Use
    • By Applications
  • Middle East & Africa IV Tubing Sets and Accessories Market
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East & Africa)
    • By Product Type
    • By End-Use
    • By Applications
  • South America IV Tubing Sets and Accessories Market
    • By Country (Brazil, Argentina, Colombia, Rest of South America)
    • By Product Type
    • By End-Use
    • By Applications

 Reasons to Buy This Report:

  • Market size estimation of the IV tubing sets and accessories market on a regional and global basis
  • Unique research with market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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