Market Overview:
The global administration sets market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and technological advancements in administration sets. Based on type, the global administration sets market is segmented into blood sets, extension sets, specialty sets, secondary sets, and other types. The blood set segment is expected to account for the largest share of the global administration set market in 2018. This can be attributed to its growing use in hospitals and clinics across the globe. Based on application, the global administration set market is segmented into clinics and hospitals.
Product Definition:
An administration set is a collection of software that allows system administrators to manage and configure devices in a network. This includes tasks such as installing new software, configuring device settings, and monitoring device performance.
Blood Sets:
Blood sets, also known as blood groups or RBCs are small test tubes containing concentrated antibodies. They belong to a special class of biological stains that find applications in medical diagnosis and research. Blood group tests are used for the classification of individuals into different human races based on their blood types.
Extension Sets:
Extension sets are used to add new features or capabilities to an existing Administration Set. It is a collection of software tools and related data that can be added to an ASBL/LGLP administration set. The extension set includes one or more software modules, which can be loaded on demand and integrated into the administration set through configuration files.
Application Insights:
Based on application, the global administration sets market is segmented into clinics and hospitals. The clinics segment dominated the market in 2017 owing to an increase in the number of outpatient visits and a rise in chronic diseases requiring medical attention. Moreover, an increase in spending on healthcare by governments across various countries has resulted in a rise in demand for cost-effective solutions that reduce hospital stay duration. This factor is anticipated to fuel product demand over the forecast period.
The hospitals segment is expected to witness significant growth over the forecast period due to factors such as increasing government initiatives towards improving healthcare infrastructure at both regional and national levels coupled with rising investments by private players for developing advanced facilities at their hospitals or group practices would be considered as out patient departments (OPD). These factors are likely to drive product demand from OPDs/ surgeries during the forecast period. However, high initial investment costs may prove challenging for smaller players without external funding options which could hinder industry growth over shorter termers.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels. Moreover, an increase in road accidents and trauma cases has led to a rise in demand for set products. The U.S.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to increasing government initiatives for improving healthcare facilities along with rising awareness regarding blood donation across countries such as India and China. In addition, Japan’s Ministry of Health, Labor & Welfare (MHLW) announced about establishing guidelines for establishments engaged in blood donation that meet certain requirements related to safety standards and hygiene issues associated with it; this initiative was taken after several incidents of transfusion-related infections were reported from there which resulted into huge economic losses both locally and internationally.
Growth Factors:
- Increased demand for automation in the workplace
- Growing number of small businesses and startups
- Proliferation of cloud-based applications and services
- Rising popularity of BYOD policies in organizations
- Emergence of new technologies such as AI and machine learning
Scope Of The Report
Report Attributes
Report Details
Report Title
Administration Sets Market Research Report
By Type
Blood Sets, Extension Sets, Specialty Sets, Secondary Sets, Other
By Application
Clinics, Hospitals
By Companies
Baxter, B. Braun, Merit Pharmaceutical, Kawasumi, BD, Fresenius Kabi, Medtronic, Hospira, Smiths Medical, Baxter
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Administration Sets Market Report Segments:
The global Administration Sets market is segmented on the basis of:
Types
Blood Sets, Extension Sets, Specialty Sets, Secondary Sets, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clinics, Hospitals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baxter
- B. Braun
- Merit Pharmaceutical
- Kawasumi
- BD
- Fresenius Kabi
- Medtronic
- Hospira
- Smiths Medical
- Baxter
Highlights of The Administration Sets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blood Sets
- Extension Sets
- Specialty Sets
- Secondary Sets
- Other
- By Application:
- Clinics
- Hospitals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Administration Sets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Administration Sets are a collection of tools and resources that can be used by administrators to manage their organizations' systems. Administration Sets include tools for system management, security, monitoring, and troubleshooting.
Some of the major companies in the administration sets market are Baxter, B. Braun, Merit Pharmaceutical, Kawasumi, BD, Fresenius Kabi, Medtronic, Hospira, Smiths Medical, Baxter.
The administration sets market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Administration Sets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Administration Sets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Administration Sets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Administration Sets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Administration Sets Market Size & Forecast, 2018-2028
4.5.1 Administration Sets Market Size and Y-o-Y Growth
4.5.2 Administration Sets Market Absolute $ Opportunity
Chapter 5 Global Administration Sets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Administration Sets Market Size Forecast by Type
5.2.1 Blood Sets
5.2.2 Extension Sets
5.2.3 Specialty Sets
5.2.4 Secondary Sets
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Administration Sets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Administration Sets Market Size Forecast by Applications
6.2.1 Clinics
6.2.2 Hospitals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Administration Sets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Administration Sets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Administration Sets Analysis and Forecast
9.1 Introduction
9.2 North America Administration Sets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Administration Sets Market Size Forecast by Type
9.6.1 Blood Sets
9.6.2 Extension Sets
9.6.3 Specialty Sets
9.6.4 Secondary Sets
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Administration Sets Market Size Forecast by Applications
9.10.1 Clinics
9.10.2 Hospitals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Administration Sets Analysis and Forecast
10.1 Introduction
10.2 Europe Administration Sets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Administration Sets Market Size Forecast by Type
10.6.1 Blood Sets
10.6.2 Extension Sets
10.6.3 Specialty Sets
10.6.4 Secondary Sets
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Administration Sets Market Size Forecast by Applications
10.10.1 Clinics
10.10.2 Hospitals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Administration Sets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Administration Sets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Administration Sets Market Size Forecast by Type
11.6.1 Blood Sets
11.6.2 Extension Sets
11.6.3 Specialty Sets
11.6.4 Secondary Sets
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Administration Sets Market Size Forecast by Applications
11.10.1 Clinics
11.10.2 Hospitals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Administration Sets Analysis and Forecast
12.1 Introduction
12.2 Latin America Administration Sets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Administration Sets Market Size Forecast by Type
12.6.1 Blood Sets
12.6.2 Extension Sets
12.6.3 Specialty Sets
12.6.4 Secondary Sets
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Administration Sets Market Size Forecast by Applications
12.10.1 Clinics
12.10.2 Hospitals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Administration Sets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Administration Sets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Administration Sets Market Size Forecast by Type
13.6.1 Blood Sets
13.6.2 Extension Sets
13.6.3 Specialty Sets
13.6.4 Secondary Sets
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Administration Sets Market Size Forecast by Applications
13.10.1 Clinics
13.10.2 Hospitals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Administration Sets Market: Competitive Dashboard
14.2 Global Administration Sets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baxter
14.3.2 B. Braun
14.3.3 Merit Pharmaceutical
14.3.4 Kawasumi
14.3.5 BD
14.3.6 Fresenius Kabi
14.3.7 Medtronic
14.3.8 Hospira
14.3.9 Smiths Medical
14.3.10 Baxter
