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Peripheral Catheters Market Size 2024 to 2031.

04-16-2024 12:36 AM CET | Energy & Environment

Press release from: Report Prime

Market Overview and Report Coverage

A Peripheral Catheter is a type of intravenous catheter that is inserted into a peripheral vein for administering medications, fluids, or blood products. These catheters are commonly used in hospitals and healthcare facilities for various medical procedures.
The Peripheral Catheters Market is expected to grow at a CAGR of 8.30% during the forecasted period. The market is driven by factors such as the increasing prevalence of chronic diseases, growing geriatric population, and rising demand for minimally invasive procedures. Technological advancements in catheter design and materials are also contributing to the growth of the market.
Currently, North America holds the largest share of the Peripheral Catheters Market, followed by Europe and Asia-Pacific. The market in Asia-Pacific is expected to witness the fastest growth due to improving healthcare infrastructure, increasing healthcare expenditure, and rising awareness about advanced medical technologies.
Overall, the future outlook of the Peripheral Catheters Market looks promising, with continued innovations in catheter technology and increasing demand for minimally invasive procedures driving growth in the coming years.

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Market Segmentation
The Peripheral Catheters Market Analysis by types is segmented into:
• PIVC
• Midline Catheters

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Peripheral Intravenous Catheters (PIVC) are short catheters inserted into a peripheral vein, typically in the arm, for short-term access to administer medications or fluids. Midline catheters are longer catheters that extend into larger veins within the arm but do not reach the central venous system. They are used for patients who require longer-term intravenous access but do not need the more invasive central venous catheters. Both types of catheters are commonly used in healthcare settings for various medical treatments.

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The Peripheral Catheters Market Industry Research by Application is segmented into:
• Hospitals
• Clinics
• Ambulatory Surgery Centers

Peripheral catheters are essential medical devices used in various healthcare settings such as hospitals, clinics, and ambulatory surgery centers. They are commonly utilized for administering medications, fluids, and blood products, as well as for monitoring blood pressure and collecting blood samples. Hospitals rely on peripheral catheters for providing continuous care to patients, while clinics use them for routine medical procedures. Ambulatory surgery centers also frequently use peripheral catheters for outpatient procedures, making them a crucial component in the healthcare industry.

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In terms of Region, the Peripheral Catheters Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Peripheral Catheters market?
The global peripheral catheters market is witnessing several emerging trends. The increasing prevalence of chronic diseases and the growing aging population are driving the demand for peripheral catheters. Technological advancements such as the development of antimicrobial-impregnated catheters and the introduction of new materials are improving the performance and safety of these devices. Moreover, there is a growing focus on the adoption of minimally invasive procedures, which is boosting the demand for peripheral catheters. Additionally, the rising healthcare expenditure and increasing awareness about the benefits of peripheral catheters are further contributing to the market growth.

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Major Market Players
B. Braun Melsungen AG is a leading player in the peripheral catheters market, offering a wide range of products for various medical applications. The company has a strong global presence and a history of innovation in the healthcare industry. With a focus on quality and patient safety, B. Braun has established itself as a trusted provider of medical devices.
Medtronic plc is another key player in the peripheral catheters market, known for its advanced technologies and solutions for various medical conditions. The company has a strong research and development department, continuously working on developing new products to meet the changing needs of the healthcare industry. Medtronic has a global reach, serving healthcare professionals and patients around the world.
Teleflex, Inc. is also a major player in the peripheral catheters market, offering a wide range of products for different medical procedures. The company has a strong focus on innovation and quality, with a commitment to improving patient outcomes. Teleflex has a strong distribution network, ensuring its products reach healthcare facilities worldwide.
In terms of market growth and size, the global peripheral catheters market is expected to witness significant growth in the coming years, driven by factors such as the increasing prevalence of chronic diseases, advancements in healthcare technology, and growing demand for minimally invasive procedures. The market size is expected to expand as more healthcare facilities adopt peripheral catheters for various medical applications.
While specific sales revenue figures for the mentioned companies are not available, it is estimated that these players have a significant market share in the peripheral catheters market, contributing to the overall growth and development of the industry. With their commitment to innovation, quality, and patient safety, these companies are expected to continue leading the market in the coming years.

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Phone: +1 507 500 7209
Email: sales@reportprime.com

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