DUBLIN--(BUSINESS WIRE)--The "Global IV Tubing Sets and Accessories Market Report and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
According to this report the global IV tubing sets and accessories market attained a value of about USD 3563.5 million in 2021. Aided by the rising incidences of chronic illnesses worldwide, the market is projected to further grow 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 that is utilised in the process of controlled infusion of medications, typically over a long period. These sets help to transfer essential nutrients and medicines in the form of fluids directly into the patient's body. These sets come with all the necessary accessories that are required to connect the medication bag. Additionally, these tubing are long, which allows patients to move around, while the tube is connected. It is increasingly used in medical cases such as electrolyte imbalance, nutritional deficiency, specialized medication delivery and dehydration.
The IV tubing sets and accessories industry is being driven by the growing incidences of cardiovascular ailments and the rising issue of malnutrition worldwide. This can be associated with the low availability of efficient healthcare facilities in many economically weaker regions of the world, which is driving increasing investments by the government and international organisation to improve the accessibility to necessary medical care. The growing geriatric population and favourable reimbursement policies are also expected to propel the market growth in the coming years.
Furthermore, the heightened utilisation of peripheral intravenous catheter insertion, an invasive procedure that supplies the medications directly into the cardiovascular system are also estimated to aid the industry. In the coming years, the increase in demand for branded smart IV infusion pump systems and their associated IV tubing sets is expected to add to the market growth. These factors are expected to positively impact the market growth of the global IV tubing sets and accessories industry.
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Some of the major players in the market explored in the report are:
- Becton, Dickinson and Company
- B. Braun Medical Inc.
- Nipro Corporation
- Zyno Solutions, LLC
- Vygon SA
- ICU Medical, Inc.
- Smiths Group Plc
- Others
Key Topics Covered:
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global IV Tubing Sets and Accessories Market Analysis
8.1 Key Industry Highlights
8.2 Global IV Tubing Sets and Accessories Historical Market (2017-2021)
8.3 Global IV Tubing 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
