U.S. IV Infusion Products Market, by Product Type (Cannulation (Needles and Catheter), IV Infusion Pump (Gravity Infusion Devices, Volumetric Pump, Syringe Pump, and Others), Infusion Lines (Set) (Gravity IV Set, Gravity IV Set W/Needle Free Connector, and Pump IV Set), and Others), by Stop Cock Type (3 Way Stopcock, Vacuum Stopcocks, Burette Stopcocks, and Others), by Needle Free Connector (Standalone Connectors and Needle-free Extension Sets), by Infusion Site (Peripheral IV, Medline IV, and Central IV), by Application (Pain Management, Antibiotic/Antiviral, Chemotherapy, and Others), and by End User (Ambulatory Surgical Centers, Clinics, Home Care Settings, Hospitals, and Others) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
The administration of drugs via a needle or catheter is known as infusion treatment. Infusion therapy refers to administration of a medicine intravenously or subcutaneously. A medical device that consists of a thin tube attached to a pump is known as an infusion catheter. A cavity, duct, or vessels in the body holds the thin tube. Infusion catheters are frequently implanted in chemotherapy patients to get reliable intravenous access.
Market Dynamics
Market players are focused on product launches or approvals, which is expected to drive growth of the U.S. IV infusion products market over the forecast period. For instance, on February 8, 2016, AngioDynamics Inc., a provider of medical devices, received approval from the Health Canada for its Celerity PICC Tip Confirmation System developed for the positioning of peripherally inserted central catheters (PICC) in adult patients. Celerity with navigation adds real-time catheter tracking to the prior version of the tip localization system, allowing doctors to view the location of the PICC tip at all times and improving the clinician experience.
U.S. IV infusion product market is estimated to witness significant growth, owing to various reimbursement scenarios for infusion products in the U.S. For instance, according to the Center for Medicare & Medicaid Services (CMS), the following products are available for reimbursement:
Code Product Description
E0776 IV POLE
E0779 Ambulatory infusion pump, mechanical, reusable for infusion of 8 hours or greater
E0780 Ambulatory infusion pump, mechanical, reusable for infusion less than 8 hours
E0781 Ambulatory infusion pump, single or multiple channels, electric or battery operated, with administrative equipment, worn by patient
E0784 External ambulatory infusion pump
Market players are involved in expanding their global presence by adopting strategies such as acquisitions and partnerships, and this is expected to drive growth of the U.S. IV infusion products market. For instance, on August 21, 2019, B. Braun Medical Inc. and Steward Health Care, a private, physician-led health care network in the U.S., entered into a seven year agreement to purchase IV solutions and Infusomat and Perfusor space pumps. As part of this long-term agreement, Steward Health Care will install over 5,000 Infusomat and Perfusor cordless space pumps in its 36 domestic hospitals and outpatient facilities.
Key features of the study:
This report provides an in-depth analysis of U.S. IV infusion products market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the U.S. IV infusion products market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include AngioDynamics Inc., Kimal, Terumo Corporation, Teleflex Inc., Becton Dickinson and Company, Cook Group, Nipro Corporation, ZOLL Medical Corporation, B. Braun Medical Inc., AdvaCare Pharma, PL Medical Co. LLC, Greiner Bio-One International GmbH, EMED Technologies Corporation, CODAN Companies, and Smiths Group plc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The U.S. IV infusion products market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the U.S. IV infusion products market.
Detailed Segmentation:
U.S. IV Infusion Products Market, By Product Type:
Cannulation
Needles
Catheter
IV Infusion Pump
Gravity Infusion Devices
Volumetric Pump
Syringe Pump
Others
Infusion Lines (Set)
Gravity IV Set
Gravity IV Set W/Needle Free Connector
Pump IV Set
Others
U.S. IV Infusion Products Market, By Stop Cock Type:
3 Way Stopcock
Vacuum Stopcocks
Burette Stopcocks
Others
U.S. IV Infusion Products Market, By Needle Free Connector:
Standalone Connector
Needle-free Extension Sets
U.S. IV Infusion Products Market, By Infusion Site:
Peripheral IV
Medline IV
Central IV
U.S. IV Infusion Products Market, By Application:
Pain Management
Antibiotic/Antiviral
Chemotherapy
Others
U.S. IV Infusion Products Market, By End User:
Ambulatory Surgical Centers
Clinics
Home Care Settings
Hospitals
Others
Company Profiles
AngioDynamics Inc.*
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Strategies
Kimal
Terumo Corporation
Teleflex Inc.
Becton Dickinson and Company
Cook Group
Nipro Corporation
ZOLL Medical Corporation
B. Braun Medical Inc.
AdvaCare Pharma
PL Medical Co. LLC
Greiner Bio-One International GmbH
EMED Technologies Corporation
CODAN Companies
Smiths Group plc
“*” marked represents similar segmentation in other categories in the respective section.
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