DUBLIN–(BUSINESS WIRE)–The report “Global IV Tubing Sets and Accessories Market Report and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.
According to this report, the global market for IV tubing sets and accessories reached a value of approximately USD 3563.5 million in 2021. Aided by the rising incidence of chronic diseases globally, the market is expected to grow further at a CAGR of 2.7% between 2022 and 2027 to reach a value of USD 4177.2 million by 2027.
IV tubing sets refer to medical equipment used in the process of controlled drug infusion, usually over a long period of time. These sets help transfer essential nutrients and medications in the form of fluids directly into the patient’s body. These sets come with all the necessary accessories to connect the medicine bag. Additionally, these tubes are long, allowing patients to move around while the tube is connected. It is increasingly used in medical cases such as electrolyte imbalance, nutritional deficiencies, administration of specialized medications and dehydration.
The IV tubing sets and accessories industry is driven by the increasing incidence of cardiovascular diseases and the growing problem of malnutrition in the world. This may be associated with the low availability of efficient healthcare facilities in many economically weaker parts of the world, leading to increasing investments by government and international organizations to improve accessibility to necessary medical care. Growing geriatric population and favorable reimbursement policies are also expected to propel the market growth in the coming years.
Additionally, the increased use of peripheral intravenous catheter insertion, an invasive procedure that delivers drugs directly into the cardiovascular system, is also expected to help the industry. In the coming years, increasing demand for branded smart IV infusion pump systems and their associated IV tubing sets is expected to contribute to the growth of the market. These factors are expected to positively impact the market growth of the global IV Tubing Sets and Accessories industry.
The report examines the market shares, plant turnovers, capacities, investments, and mergers and acquisitions, among other major developments, of major industry players.
Some of the major market players explored in the report are:
Becton, Dickinson and company
B. Braun Medical Inc.
Zyno Solutions, LLC
ICU Medical, Inc.
Smiths Plc Group
Main topics covered:
2 Report Coverage- Key Segmentation and Scope
3 Description of the report
3.1 Market Definition and Outlook
3.2 Properties and applications
3.3 Market Analysis
3.4 Main players
4 key assumptions
5 Executive Summary
5.2 Key factors
5.3 Main developments
5.4 Competitive structure
5.5 Major Industry Trends
7 Industry Opportunities and Challenges
8 Global Intravenous Tubing Sets and Accessories Market Analysis
8.1 Major Industry Highlights
8.2 Global IV Tubing Sets and Accessories Historic Market (2017-2021)
8.3 Global IV Tube Sets and Accessories Market Forecast (2022-2027)
8.4 Global IV Tubing Sets and Accessories Market by Product
8.5 Global IV Tubing Sets and Accessories Market by Age Group
8.6 Global IV Tubing Sets and Accessories Market by Application
8.7 Global IV Tubing Sets and Accessories Market by Delivery Method
8.8 Global IV Tubing Sets and Accessories Market by Fluid Type
8.9 Global IV Tubing Sets and Accessories Market by End Use
8.10 Global IV Tubing Sets and Accessories Market by Region
9 Regional Analysis
10 Market Dynamics
11 Value chain analysis
12 Competitive landscape
12.1 Market structure
12.2 Key Players
12.3 Company Profiles
13 Industry Events and Developments
For more information about this report visit https://www.researchandmarkets.com/r/2aodf9