Market Overview:
The global IV catheter needles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and technological advancements in medical devices. Based on type, the global IV catheter needles market is segmented into 14 gauge, 16 gauge, 20 gauge, 26 gauge and others. The 14 Gauge segment is expected to account for the largest share of the global IV catheter needles market in 2018. This can be attributed to its high usage rates in hospitals and clinics across the world. Based on application, the global IV catheter needles market is segmented into hospitals, clinics ambulatory surgical centres and others segments.
Product Definition:
IV Catheter needles are thin needles that are inserted through the skin into a vein to allow liquids and other treatments to be given directly into the bloodstream. The importance of IV catheter needles is that they provide a direct route for medications and other treatments to enter the bloodstream, which can help to improve patient outcomes.
14 Gauge:
14 gauge catheters are thin, flexible and hollow tubes made from plastic or other materials. They are used for IV insertion in patients. The 14 gauge catheter is the thinnest of all the standard IV catheters and has a diameter of 0.9mm-1.2mm (0.0035-0.0050).
16 Gauge:
16 gauge is the standard thickness of IV catheter needles. It has a wide range of applications in various medical devices and equipment.
Application Insights:
Based on the application, the global IV catheter needles market is segmented into hospitals, clinics, ambulatory surgical centers and others. The clinics segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as increasing number of patients with chronic diseases requiring long-term treatment and a rise in demand for point-of-care testing. Moreover, an increase in healthcare spending by governments across various countries has resulted in increased investment by companies to develop advanced products for better patient care.
The hospital segment is expected to grow at a lucrative rate over the forecast period owing to factors such as rising prevalence of chronic conditions and an aging population that require frequent medical interventions coupled with investments made by governments across various countries towards building large scale hospitals equipped with state-of-the art facilities for diagnostics & therapeutics services resulting into increased utilization rates of these devices which eventually boosts product demand globally.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and favorable reimbursement policies are some factors driving the IV catheter market in this region. In addition, increasing number of product launches and mergers & acquisitions are also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising geriatric population base coupled with increasing prevalence of chronic diseases such as cardiac failure & respiratory failure requiring critical care infusion therapies that will boost demand for these devices.
Growth Factors:
- Increasing incidence of chronic diseases: The prevalence of chronic diseases is increasing at an alarming rate across the globe. This is primarily because of the changing lifestyle and dietary habits of people. IV catheter needles are used to administer medications and other treatments to patients with chronic diseases, which is driving the growth of this market.
- Technological advancements: The development of innovative technologies has led to the introduction of new and advanced IV catheter needles in the market. This is helping manufacturers to cater to the needs of their customers more effectively and increase their sales revenue.
- Rising demand for minimally invasive procedures: Minimally invasive procedures are becoming increasingly popular due to their many benefits over traditional surgical procedures, such as shorter hospital stays, reduced pain, and faster recovery times. This is fueling demand for IV catheter needles, thereby propelling market growth."
Scope Of The Report
Report Attributes
Report Details
Report Title
IV Catheter Needles Market Research Report
By Type
14 Gauge, 16 Gauge, 20 Gauge, 26 Gauge, Others
By Application
Hospitals, Clinics, Ambulatory Surgical Centres, Others
By Companies
Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo, NIPRO Medical, B. Braun Melsungen, Medsurg, Hamilton Syringes & Needles, Hi-Tech Medicare Devices
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global IV Catheter Needles Market Report Segments:
The global IV Catheter Needles market is segmented on the basis of:
Types
14 Gauge, 16 Gauge, 20 Gauge, 26 Gauge, Others
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
Hospitals, Clinics, Ambulatory Surgical Centres, Others
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:
- Medtronic
- BD Medical
- Boston Scientific
- Smith Medical
- Argon Medical Devices
- Novo Nordisk
- Terumo
- NIPRO Medical
- B. Braun Melsungen
- Medsurg
- Hamilton Syringes & Needles
- Hi-Tech Medicare Devices
Highlights of The IV Catheter Needles 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:
- 14 Gauge
- 16 Gauge
- 20 Gauge
- 26 Gauge
- Others
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Others
- 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 IV Catheter Needles 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
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
IV catheter needles are medical devices that are inserted into a vein in the arm to draw blood.
Some of the major companies in the iv catheter needles market are Medtronic, BD Medical, Boston Scientific, Smith Medical, Argon Medical Devices, Novo Nordisk, Terumo, NIPRO Medical, B. Braun Melsungen, Medsurg, Hamilton Syringes & Needles, Hi-Tech Medicare Devices.
The iv catheter needles market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IV Catheter Needles 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 IV Catheter Needles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IV Catheter Needles 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 IV Catheter Needles 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 IV Catheter Needles Market Size & Forecast, 2020-2028
4.5.1 IV Catheter Needles Market Size and Y-o-Y Growth
4.5.2 IV Catheter Needles Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 14 Gauge
5.2.2 16 Gauge
5.2.3 20 Gauge
5.2.4 26 Gauge
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centres
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IV Catheter Needles 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 IV Catheter Needles 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 14 Gauge
9.6.2 16 Gauge
9.6.3 20 Gauge
9.6.4 26 Gauge
9.6.5 Others
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 Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centres
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 14 Gauge
10.6.2 16 Gauge
10.6.3 20 Gauge
10.6.4 26 Gauge
10.6.5 Others
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 Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centres
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 14 Gauge
11.6.2 16 Gauge
11.6.3 20 Gauge
11.6.4 26 Gauge
11.6.5 Others
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 Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centres
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 14 Gauge
12.6.2 16 Gauge
12.6.3 20 Gauge
12.6.4 26 Gauge
12.6.5 Others
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 Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centres
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 14 Gauge
13.6.2 16 Gauge
13.6.3 20 Gauge
13.6.4 26 Gauge
13.6.5 Others
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) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centres
13.10.4 Others
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 IV Catheter Needles Market: Competitive Dashboard
14.2 Global IV Catheter Needles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 BD Medical
14.3.3 Boston Scientific
14.3.4 Smith Medical
14.3.5 Argon Medical Devices
14.3.6 Novo Nordisk
14.3.7 Terumo
14.3.8 NIPRO Medical
14.3.9 B. Braun Melsungen
14.3.10 Medsurg
14.3.11 Hamilton Syringes & Needles
14.3.12 Hi-Tech Medicare Devices
