Wednesday, 30 July 2014

Peripheral I.V. Catheter Market Growth in APAC, America, and EMEA Regions Covered in a Report


Peripheral I.V. catheters are peripheral venous devices used to infuse medication or fluids directly into a vein, or draw blood samples for testing. These catheters are made of a non-irritant material, such as silicone, which negates any side effects caused when they are left in the patient’s arm for several weeks or months. Peripheral I.V. catheters are introduced into the peripheral vein using a needle and fixed to the patient’s skin with an adhesive tape. The needle is then removed, leaving a small tube of the cannula at the insertion site. Advanced peripheral I.V. catheters are equipped with additional safety features to prevent needlestick injuries, which allow for their use in critical care units in hospitals.

Analysts forecast the Global Peripheral I.V. Catheter market to grow at a CAGR of 8.08 percent over the period 2013-2018.

One of the emerging trends in the market is the adoption of power-injectable closed catheters for the injection of contrast media during CT imaging. CT imaging requires a contrast media to be used for enhanced visualization during diagnostic procedures. However, the catheter must be strong enough to withstand pressures that can be more than 300 psi. Hence, power-injectable closed catheters are used for CT imaging as they are made of polyurethane material, which is much stronger than silicone and can withstand high pressures with a minimal decrease in flexibility. For example, BD Nexiva closed I.V. catheter of BD helps inject contrast media for contrast-enhanced CT scans.


Covered in this Report
The Global Peripheral I.V. Catheter market can be segmented into two divisions: Peripheral insertion catheters and Integrated/Closed catheters.

Global Peripheral I.V. Catheter Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Peripheral I.V. Catheter market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, the Global Peripheral I.V. Catheter market is driven by several factors, a major one being the increasing aging population. The elderly require peripheral I.V. catheters to deliver drugs and nutrition, and for taking blood samples. Also, WHO statistics state that nearly 2 billion people will be aged 60 years and above by 2050, which will also enhance the market's growth in the future.

Further, the report states that the high cost of integrated/closed catheters is proving to be a hindrance to the adoption of these catheters, particularly in developing countries. Closed catheters are offered at an average selling price of more than US$4, which makes their adoption quite difficult in developing countries.

Key Regions
  • Americas
  • EMEA
  • APAC

Key Vendors
  • B. Braun Melsungen AG
  • Becton, Dickenson and Co.
  • C.R. Bard Inc.
  • Smiths Medical
  • Tangent Medical Technologies
  • Teleflex Inc.
  • Terumo Corp.