About Needle-Free IV Connectors
Needle-free IV connectors are used to connect administration sets, syringes, and IV catheters.
Technavio’s analysts forecast the global needle-free IV connectors market to grow at a CAGR of 9.56% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global needle-free IV connectors market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Needle-Free IV Connectors Market 2018-2022
Technavio recognizes the following companies as the key players in the global needle-free IV connectors market: B. Braun Melsungen, Baxter, BD, Cardinal Health, and ICU Medical.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased adoption of neutral fluid displacement connectors. Needle-free IV connectors are divided into positive fluid displacement connectors, negative fluid displacement connectors, and neutral fluid displacement connectors on the basis of the type of fluid displacement mechanism.”
According to the report, one driver in the market is investments in global healthcare sector. The global healthcare industry has been growing steadily in the recent past. The market is experiencing growth due to the rapid increase in the geriatric population, increase in disposable income, and high prevalence of chronic diseases.
Further, the report states that one challenge in the market is risks with needle-free IV connectors. Though needle-free IV connectors are known to guard against microbial infection, they do possess certain disadvantages.
B. Braun Melsungen, Baxter, BD, Cardinal Health, and ICU Medical.