Hyderabad, India -- (SBWIRE) -- 03/16/2018 -- According to a new market research report "IV Equipment Market By Product (IV Catheters, Administration Sets, Infusion Sets, Securement Devices, Stopcocks And Check Valves, Drip Chambers, Needleless Connectors, Other IV Equipment), By End User (Hospitals And Clinics, Home Care, Ambulatory Care Centers) - Global Forecast to 2022", published by MarketDataForecast™, the market is expected to reach USD 12.16 Billion by 2022 from USD 9 Billion in 2017, at a CAGR of 6.2%. Intravenous medical care is that the mixture of liquid constituents directly into a vein endovenous (IV) suggests that within vein. Endovenous infusions area unit typically cited as drips. The endovenous route is that the fastest to deliver fluids and medications everywhere the body. Increasing incidence of chronic diseases, ascent within the aging population, and growing variety of surgical procedures. The high growth in developing countries across Asia-Pacific and Latin America are expected to produce important growth opportunities for players in operation within the IV instrumentality market in the forecast period. However, tight restrictive necessities for brand spanking new merchandise and increasing incidence of medication errors and lack of wireless property in most hospitals cause challenges for the expansion of this market.

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The IV catheters are estimated to account for the largest market share.
Based on product, the market is segmented into IV Catheters, Administration Sets, Infusion Sets, Securement Devices, Stopcocks and Check Valves, Drip Chambers, Needleless Connectors, Other IV Equipment. The IV catheters segment accounted for almost one third of the global IV catheters market in the past years and is anticipated to grow with a considerable CAGR in the forecast period.

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The Home care segment is expected to dominate the market.
Based on End User, the market is segmented into Hospitals and Clinics, Home Care, Ambulatory Care Centres. Home care segment contributed a lot to the IV catheters market in the past years and is anticipated to continue the same and expand its market further in the forecast period.

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North America is estimated to command the largest share of the market
Based on region, the IV Equipment Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America is calculable to represent the biggest share during this market, whereas the Asia Pacific region is predicted to witness the quickest growth and overtake
North America, being the second largest investor for the market throughout the forecast amount.
Key players in the IV Equipment Market include ICU Medical, Inc. (U.S.), Smiths Medical (U.K.), Moog, Inc. (U.S.), Becton, Dickinson and Company (U.S.), B. Braun Melsungen AG (Germany), Baxter International Inc. (U.S.), Fresenius SE & Co. KGaA (Germany), Terumo Corporation (Japan.), and C. R. Bard, Inc. (U.S.).

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
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