Intravenous Tubing Sets and Accessories Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Intravenous (IV) tubing sets are intended to deliver fluids, including nutrients and medications, into a patient's body in controlled amounts. IV tubing sets and accessories are largely used for treatment of patients with dehydration and electrolyte imbalance. They are also used for drug delivery of certain drugs and the delivery of nutrient fluids into a patient's body. These tubing sets offer a high drug-delivery accuracy rate, faster results, and several other advantages.

MARKET DYNAMICS

The intravenous tubing sets and accessories market has shown a significant evolution over the forecast period. The rise of the intravenous tubing sets and accessories market is driven by the increasing prevalence of chronic disease cases such as cancer, resulting in the development and the use of advanced IV tubing sets in infusion therapy for efficient treatment methods. The wide range of applicability, increasing government initiatives, risk of malnutrition, and rising cancer incidence worldwide. Are further fueling the market's growth. As per the UNICEF, poor nutrition in the first 1,000 days of a new borns life may result in impaired cognitive ability and stunted growth. Parenteral route is the chosen route for administration of these essential nutrients, which is expected to boost the market. Conversely, stringent government regulations for the approval of devices and errors during infusion therapies have led to many product recalls, impeding the market growth.

MARKET SCOPE

The "Intravenous Tubing Sets and Accessories Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry's medical device, focusing on the global market trend analysis. This report outlines the intravenous tubing sets and accessories market with detailed market segmentation by product, application, and end-user. The intravenous tubing sets and accessories market is estimated to witness a high rise during the forecast period. It focuses on the vital statistics on leading players' market status in the intravenous tubing sets and accessories market and provides key opportunities and trends in the market.

MARKET SEGMENTATION

The market is categorized based on the product, application, and end user. Based on the product, the market is segmented as IV sets, cannulas, tubing and needles, others. Based on the application, the segmentation of the market is into peripheral intravenous catheter insertion, central venous catheter placement, and PICC line insertion. Based on end user, the segmentation of the market is into hospitals, clinics, ambulatory surgical centers, and others.

REGIONAL FRAMEWORK

The report states a detailed outline of the industry, consisting of both quantitative and qualitative information. It offers a sketch and forecast of the intravenous tubing sets and accessories market based on various segments. The report also consists of market size and forecast estimates from the year 2021 to2031with respect to five main regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The intravenous tubing sets and accessories market by each region is then sub-segmented into respective countries and segments. It comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.

The report analyzes factors affecting the intravenous tubing sets and accessories market from both the demand and supply sides. Furthermore, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also consists of precise PEST analysis for all five regions, namely, North America, Asia Pacific, Europe, Middle East, and Africa, and South & Central America, after assessing political, social, economic, and technological factors affecting the intravenous tubing sets and accessories market in these regions.

MARKET PLAYERS

The report contains critical developments in the intravenous tubing sets and accessories market as inorganic and organic growth strategies. Several companies are pivoting on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Various such activities have paved the path for elaborating the business and customer base of market players. The market players from the intravenous tubing sets and accessories market are estimated to have profitable growth opportunities in the coming years with the higher demand for intravenous tubing sets and accessories market in the global market. Given below is the list of a few companies engaged in the intravenous tubing sets and accessories market.
The report also offers key players' profiles in the intravenous tubing sets and accessories market, along with their SWOT analysis and market strategies. Also, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.

•   Cardinal Health Inc.
•   Baxter International Inc.
•   B. Braun Melsungen AG
•   BD
•   Nipro Corporation.
•   Smiths Medical
•   Zyno Medical
•   Medcaptain Medical Technology Co.,Ltd
•   Fresenius Kabi AG
•   Terumo Corporation.

The Insight Partner's dedicated research and the analytical team comprises of experienced professionals with advanced statistical expertise and offers several customization options in the current report.

Intravenous Tubing Sets and Accessories Report Scope