Global Intravenous (IV) Therapy and Vein Access Market is supported by the growing road accidents

Intravenous (IV) Therapy and Vein Access Market

Global Intravenous (IV) Therapy and Vein Access Market Overview:

Human body needs various kinds of therapies, where intravenous therapy is one among them.  Intravenous therapy (IV) is a therapy which delivers liquid substances directly into a vein. The intravenous route of administration can be used for injections (with a syringe at higher pressures) or infusions. When human body needs external fluids, pharmaceutical agents or drugs to help healing any severe or mild conditions, these are directly delivered to the vein to make help the patient treat faster.  Increasing demand for these therapies is showing positive signs for the new markets to establish as well as emerge in the global market. Global Intravenous (IV) Therapy and Vein Access Market is estimated to be valued at USD 29 billion by 2021 with a CAGR of 6.1%.

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Drivers and Restraints:

Intravenous (IV) Therapy and Vein Access Market is estimated to grow in forecasted period owing to supporting factors such as increase in incidences and growing cases of chronic diseases and increment in number of road accidents around the world. In addition, factors such as increasing healthcare expenditure and insurance and growing number of healthcare facilities and hospitals are also supporting the growth of the market. Increasing disposable incomes and per capita incomes of emerging countries are acting as indirect drivers of the market growth.

Geographic Segmentation:

Global Intravenous (IV) Therapy and Vein Access Market primarily segmented into Europe, North America, Latin America, Middle East & Africa and Asia Pacific regions. North America region is leading the Global Intravenous (IV) Therapy and Vein Access Market. Europe region is trailing right behind North America region in terms of market share. Asia Pacific region is estimated to be the fastest growing region with highest CAGR in forecasted years due to factors such as increased number of trauma cases, road accidents, and government’s support for healthcare facilities and undergoing research and developments in the region.

Key Player of Global Intravenous (IV) Therapy and Vein Access Market:

The leading corporations in the present regional market include Fresenius SE & Co. KGaA., Insulet Corporation, Pfizer Inc., AngioDynamics, Inc., Smith & Nephew plc, Medtronic Inc., Teleflex Medical Inc., Terumo Medical Corporation, B. Braun Melsungen AG, Dickinson and Company, and Becton.

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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About Anand Sai 82 Articles
Anand Sai, A Research Consultant with 5+years of experience in handling research operations of various domains.

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