Peripheral intravenous catheter is a small flexible tube which is inserted into a peripheral vein for delivery of nutritional supplements as well as medicines. It is helpful in the collection of blood samples for diagnosis purpose. These are classified into two types such as Integrated /Closed Catheters, and Peripheral Insertion Catheters.

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For a better understanding of the Peripheral Intravenous Catheters market, a better grip over the macroeconomic and microeconomic factors are needed as they are impacting the market towards progress. Those factors can ensure a swift helming of the market by rough patches of economic crisis and help in averting plummeting results. With real-time data, the report captures the essence of the market and provides a close reading of demographic changes. Report would assist key players in assessing growth opportunities and optimally use resources provided by growth pockets.

Market Drivers
Increase in prevalence of chronic diseases considered as key driving factor which is expected to boost the global peripheral intravenous catheters market growth. For instance, in 2018, as per the WHO (World Health Organization) around 18.1 new cases and 9.6 million deaths were registered due to cancer. Also, increase in number of hospitalizations and rise in popularity of integrated/ closed peripheral intravenous catheters will positively contribute the market growth during this forecast period. Moreover, rise in adoption of safety ported short peripheral intravenous catheters will drive the market growth. In addition to that, increase in implementation of product building strategy will fuel the market growth.

Market Restraints
However, use of peripheral intravenous catheters is related with complications like blood exposure which can occur due to needle stick injury and is especially hazardous during the treatment of patients with hepatitis, and HIV infection and other complications include redness, skin infection, and pain which is expected to hinder the global peripheral intravenous catheters market growth.

Market Key Players
Various key players are discussed in this report such as Smith Medical, Terumo Corporation, C.R. Bard Inc., Becton Dickinson and Company, B. Braun Melsungen AG, Tangent Medical, ICU Medical, Vygon Group, and Others.

Market Taxonomy
By Product
• Integrated /Closed Catheters
• Peripheral Insertion Catheters
By End User
• Hospitals
• Ambulatory Surgical Centers
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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