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Global IV Tubing Sets and Accessories Market: Robust Adoption in Pediatric Age Group Fuelling Demand

Press release Description

Albany, New York, March 15, 2018: A new insightful report titled “Global Market Study on IV Tubing Sets and Accessories: Asia Pacific Regional Market to Hold High Revenue Share by 2025” has recently been submitted to the vast database of Market Research Reports Search Engine (MRRSE). The global IV tubing sets and accessories market is projected to grow at a CAGR of 3.7% during the assessment period and reach a valuation of over US$ 1.2 Bn during the assessment period.

The key factors driving the growth of the IV tubing sets and accessories market include increase in the number of surgical processes, growing geriatric population, growing applications in pain management, and increasing awareness on the benefits of IV tubing sets and accessories market.

The report offers detailed segmentation and forecast on the global IV tubing sets and accessories market. The market has been segmented on the basis of age group, application, end user, product type and region. By age group, the global market is further sub-segmented into geriatric, adult and pediatric. On the basis of application, the market is categorized into PICC line insertion, central venous catheter placement and peripheral intravenous catheter insertion. By end user, the global market is categorized into long term care centers, specialized clinics, ambulatory surgical centers, skilled nursing facilities and hospitals.

The product type segment is also divided into various sub-segments which are IV tubing accessories, vented IV tubing sets, non-vented IV tubing sets, filtered IV tubing sets, I.V. infusion set with flow regulator, secondary IV tubing sets, IV extension sets and primary IV tubing sets (microdrip IV tubing sets and macrodrip IV tubing sets). Geographically, the market is divided into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.

According to the report, peripheral intravenous catheter insertion segment remains the largest in terms of end-use, whereas clinical diagnostics is likely to grow at the fastest CAGR during the assessment period. By age group, pediatric segment continues to be the most lucrative, and is likely to account for a majority revenue share of the market.

The report profiles some of the leading players in the market. Some of the key companies are Hospira Inc. (Pfizer Inc.), B. Braun Melsungen AG, Smiths Medical, ICU Medical Inc., Nipro Corporation, Vygon U.S.A, Perfect Medical Ind. Co., Ltd, Baxter International Inc., Becton, Dickinson and Company (CareFusion), Fresenius Kabi AG, C.R. Bard, Inc., Zyno Medical, Poly Medicure Ltd., Health Line International Corporation and Dynarex Corporation.

Browse Full Global IV Tubing Sets and Accessories Market Report with TOC :

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