Infinium Global Research Intravenous System Access Devices Market | Page 2

A latest report has been added to the wide database of Intravenous System Access Devices Market by
Infinium Global Research. This report studies the Intravenous System Access Devices Market by product type
(peripheral, central catheter), application type (medication, diagnostic testing), route of administration type
(subcutaneous and intravenous), end-users (hospitals, clinics and ambulatory surgery centers) market status
and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is
to identify market sizes of different segments & countries in recent years and to forecast the values for the
next six years. Intravenous System Access Devices Market provides opportunities in micro markets for
stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product
offerings of the major companies in the Intravenous System Access Devices Market. According to the report
the Global Intravenous System Access Devices Market is projected to grow at a CAGR of 5.8% in terms of value
over the period of 2017-2023. Intravenous system access devices are small, flexible tubes inserted into
arteries or veins, to deliver medication. These devices are used by physicians for treating patient as well as
testing blood after withdrawing it via intravenous route. Intravenous system access devices are used for faster
delivery of nutrients, fluids and drugs such as antibiotics, analgesics and antipyretics at the site of
inflammation i.e. vein. Moreover, these devices are also used for blood transfusion and the correction of
electrolyte imbalance. Intravenous access devices include both central and peripheral intravenous catheters.
Market Insights
Global intravenous system market is majorly driven by the factors such as increasing incidences of diseases
such as cancer and tuberculosis (TB), increase in number of surgeries across the globe and growing geriatric
population. Moreover, tremendous rise in number of surgeries is significantly contributing to the market
growth, as surgeries require intravenous access devices for the purpose of medication and anesthetics.
Furthermore, technological advancements across the globe are further supporting the growth of intravenous
access devices market. However, the major challenge faced by intravenous system access devices market is
various complications related to intravenous access devices that are likely to limit the growth of this market.
Infinium Global Research