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Dublin, November 1, 2021/PRNewswire/-ResearchAndMarkets.com has added the "Peripheral Venous Catheter Market (PIVC)-Global Outlook and Forecast for 2021-2026" report to the products.

Peripheral venous catheters (PIVC) market size in 2020 will be 3.14985 billion U.S. dollars, with a compound annual growth rate of 1.32% by 2026.

The study considers the current details of the peripheral venous catheter market and its market dynamics during the period 2021-2026. It provides a detailed overview of several market growth drivers, constraints and trends. The report provides two aspects of market demand and supply. It introduces and examines leading companies and other well-known companies operating in the market.

Due to the increasing number of elderly hospitalizations and intensive care units associated with various chronic diseases and lifestyle diseases, the adoption rate of PIVC is increasing globally. The prevalence of chronic diseases and the ever-increasing number of patients and hospitalizations have placed an additional burden on the healthcare system to manage patient fluid and medication management. The advancement of PIVC reduces this burden and the risk of complications during use. Compared with midline catheters, short PIVC is the most commonly used intravenous catheter in intensive care and emergency care settings, which is the main factor leading to its higher usage rate. It is expected that the absolute growth rate of peripheral midline venous catheters will be the highest during the forecast period.

Peripheral venous catheter market segmentation

In 2020, short peripheral venous catheters accounted for the highest share of the global peripheral venous catheter market. Compared to midline PIVCs, short PIVCs are used very frequently because they are safe and easy to insert. Several technological advancements have led to the development of small-bore catheters suitable for various commonly used drugs and various other indications

In 2020, North America will dominate the PIVC industry. This is mainly due to its large elderly population suffering from infectious and chronic diseases, leading to an increase in the number of ICU and emergency hospital admissions, and PIVC is often needed to manage patients in these areas. The technological advancement of PIVC and the increasing demand for safe PIVC have further promoted the growth of the market in this region.

The increase in the number of parental drug approvals is driving the demand for PIVC. With the advancement of biopharmaceuticals (including monoclonal antibodies) for the next generation of cell and gene therapy, the demand for parenteral drugs is rising.

IV catheter devices are being combined with safety mechanisms to protect healthcare professionals and patients from accidental needle stick injuries, thereby boosting market demand. It is expected that safe peripheral venous catheters will achieve the highest incremental and absolute growth during the forecast period.

Market competition is expected to intensify with more and more product launches, safety guidelines and government regulations, and mergers and acquisitions.

BD recently acquired Velano Vascular, whose needle-free technology can draw high-quality blood from existing PIVC lines.

Key topics covered: 1 Research methodology 2 Research objectives 3 Research process 4 Scope and coverage 4.1 Market definition 4.2 Base year 4.3 Research scope 5 Report assumptions and considerations 5.1 Key considerations 5.2 Currency conversion 5.3 Market derivatives 6 Market overview 7 Introduction 7.1 Overview 8 Market Opportunities and Trends 8.1 Use of intravenous visualization technology to insert PIVC 8.2 Approval rate of injectable drugs rises 8.3 Technological advancements in designing PIVC 9 Market growth drivers 9.1 Reduced demand for needle stick injuries 9.2 Increased population hospitalization rate due to chronic 9.3 Lifestyle diseases Minimally Invasive Surgery 10 Market Growth Limits 10.1 Risk of Bloodstream Infections Related to PIVC 10.2 Complications Related to Improper and Long-term Use of PIVC 10.3 Existence of Alternative Vascular Access Devices 11 Market Structure 11.1 Market Scale and Market Scale Forecast 11.2) 11.3 Covid-'s Impact 19 11.4 Five Forces Analysis 12 Product 12.1 Market Snapshot and Growth Engine (Revenue) 12.2 Market Snapshot and Growth Engine (Unit Shipment) 12.3 Market Overview 12.4 Short Peripheral Venous Catheter 12.5 Peripheral Midline Venous Catheter 13 Technology 13.1 Market Snapshot and Growth Engine (Unit shipments) 13.2 Market snapshots and growth engines (unit shipments) 13.3 Market overview 13.4 Conventional peripheral venous catheters 13.5 Safety peripheral venous catheters 14 End users 14.1 Market snapshots and growth engines (revenue) 14.2 Market snapshots and growth engines ( Unit shipments) 14.3.4 Market overview 14.3 Hospitals 14.4.1 Market overview 14.5 Outpatient surgery centers 14.6 Home care 15 Geography 15.1 Market overview and growth engines (revenue) 15.2 Market overview and growth engines (unit shipments) 15.3 Geography overview

For more information about this report, please visit https://www.researchandmarkets.com/r/kb7i3g

Research and Marketing Laura Wood, Senior Manager [email protected] US Eastern time office hours call +1-917-300-0470 US/Canada toll-free number +1-800-526-8630 GMT office hours call +353-1- 416-8900 US Fax: 646-607-1907 Fax (Outside the US): +353-1-481-1716

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