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(EMAILWIRE.COM, September 25, 2018 ) Overview:
In the year 2018, Europe Peripheral Intravenous Catheters Market was valued at USD 1.18 Billion. By the year 2023, it is expected to reach USD 1.55 Billion at pace of 5.6% CAGR.
A small tube placed in the peripheral vein to deliver the drug directly into the circulation is called the intravenous (IV) intravenous catheter. These catheters provide safe infusion of fluids or drugs into the peripheral vein. The peripheral intravenous catheter devices are made by using silicon and other user-friendly materials to prevent from side effects. Fluids flow more rapidly into a larger or smaller diameter tube and are usually administered to most patients in emergency rooms and during surgical procedures.
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Underlying Causes
The growth for Peripheral Intravenous Catheters market is driven due to factors like increasing geriatric population, rising prevalence of chronic diseases, growing number of surgical procedures, rising healthcare expenditure. In addition, increasing demand for injectable drugs, and technological advancements in peripheral I.V. catheters are expected to drive the market growth. However, high cost of catheters, and lack of skilled professionals are the restraining factors which is expected to decline the growth rate for Europe Peripheral Intravenous Catheters market during the forecast period.
To know more read: https://www.marketdataforecast.com/market-reports/europe-peripheral-intravenous-catheters-market-5326/
Geographic Segmentation:
Based on geography the Europe Peripheral Intravenous Catheters market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe holds the second largest position in the Peripheral Intravenous Catheters market due to well-established healthcare infrastructure, and rising number of surgical procedures are the driving factors in this region.
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Key Players:
Leading companies for Europe Peripheral Intravenous Catheters market are Smith Medical, Terumo Corporation, C. R. Bard, Inc., Becton Dickinson and Company, B. Braun Melsungen AG, Tangent Medical, and Vygon Group.
Market Data Forecast.
Abhishek Shukla
+1-888-702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com
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