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Needle-Free IV Connectors Market Expected to Quadruple by 2025 – Industry Performance and Forecast Report

May 9, 2019 2:02 AM ET

Industry report for “Global Needle-Free IV Connectors market” by The Insight Partners comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the industry performance.

 

Needle-Free IV Connectors Market – Overview

 

Needle-free IV connectors refers to the needleless devices that are used to connect administration sets, syringes and IV catheters. These connectors are used on a routine basis in hospitals for intravenous administration of various fluids and liquids in order to protect the hubs in vascular access systems. The needle free technology based systems are used to reduce the risk of bacterial contamination and improve the patient outcome.

 

The market for needle-free IV connectors is expected to grow significantly in the coming years, owing to the key factors such as, increasing number of hospital admissions, adoption of home-based healthcare, stringent regulatory regulation for safe injection practices and easy availability of the these devices at low prices among the others.

 

The technology advancement offering novel products by market players are likely to propel the opportunities for the market players to develop more high performance products in the forecasted period.

 

The “Global Needle-free IV connectors Market Analysis to 2025” is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report for needle-free IV connectors market aims to provide an overview of global needle-free IV connectors market with detailed market segmentation by design type, mechanism and dwell time.

 

The global needle-free IV connectors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

 

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Leading Industry Players

The report also includes the profiles of needle-free IV connectors manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

 

Some of the key players influencing the market are

  • BD
  • Baxter International, Inc.
  • Braun Melsungen AG
  • Carefusion Corporation
  • ICU Medical, Inc.
  • Nexus Medical
  • Rymed Technologies LLC
  • Vygon SA
  • NP Medical
  • Poly Medicure Limited

 

Market Growth Analysis

 

The market of Needle-Free IV Connectors market is anticipated to grow with a significant rate in the coming years, owing to factors such as, market growth with increasing number of surgeries, rise in non-invasive surgical procedure, growing awareness among the healthcare providers for safety measures, adoption of double gloving to reduce the risk of failure on account of wear and tear.

 

These factors are the driving factors for the growth of the Needle-Free IV Connectors market. Also rising application in forensic research, crime scenes investigation and other applications contribute to Needle-Free IV Connectors market growth.

 

Whereas, used gloves pose threat during the recycling process. If not disposed according to the hazardous waste guidelines then it becomes a part of municipal waste and poses a threat to the civil hygiene. Such factors are expected to restrain global Needle-Free IV Connectors market demand over the forecast period.

 

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Market Segmentation

 

The global needle-free IV connectors market is segmented on the basis of design type, mechanism and dwell time.

 

On the basis of the design type, the global needle-free IV connectors market is segmented into simple and complex.

 

Based on mechanism, the needle-free IV connectors market is segmented into positive, negative and neutral. The dwell time segment is segmented as seven days and other than seven days.

 

Regional Framework

 

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global needle-free IV connectors market based on design type, mechanism and dwell time.

 

It also provides market size and forecast till 2025 for overall needle-free IV connectors market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.

 

North America dominates the largest share in the needle-free IV connectors market. Asia Pacific is the fastest growing region and offer lucrative opportunities for the growth of global needle-free IV connectors market. The factors that are driving the market growth for the regions includes passive pool of patients suffering with diseases requiring hospital admits, growing healthcare infrastructure and others.

 

The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

 

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Asia Pacific is expected to witness significant growth rate during the forecast period primarily due to rapid developing healthcare sector, thus resulting in high Needle-Free IV Connectors market demand.

 

The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

 

The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

 

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

 

 

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