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Needle-free IV Connectors Market Set Explosive Growth By 2025

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The global needle-free IV connectors market was valued at US$ 621.1 million in 2016 and is expected to reach a robust CAGR of 10.3% over the forecast period (2017-2025).
Needle-free IV Connectors Market Size,
Share, Trend, Outlook, Future Growth
Analysis And Synthesis By 2025
Needle-Free IV Connectors are routinely used in the hospitals for intravenous administration of fluids
and medicines to protect the hubs in vascular access systems. In order to reduce risks of possible
contaminations associated with the IV administration and to curb manipulation as much as possible,
needle free IV connectors can prove to be ideal in all types of IV infusions. Furthermore, technological
advancements such as connectors that prevent fluid reflux, highly closed systems, and connectors
embedded with antimicrobial agents (V-Link) have helped to decrease the risk of bloodstream infections
associated with IV administration. Needle-free connectors are with extended dwell time that can help
preventing intraluminal contamination and device cross-contamination, which can be favorable for the
growth of the market in the near future.
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Market Dynamics
Government organizations and regulatory bodies namely Centers for Disease Control and prevention
(CDC) have recommended the usage of needle-free connectors to reduce the incidence of sharp injuries
and blood stream infections mandating its usage in medical facilities in the ‘Guidelines for the
Prevention of Intravascular Catheter-Related Infections’ in 2011. Major issues associated with the
conventional options of intravenous infusion are contamination from external sources during
administration, blood reflux, and risk of bloodstream infections, which are addressed by needle-free IV
connectors. The National Healthcare Safety Network (NHSN) conducts various programs worldwide that
helps to impart education and hands on training sessions to all physicians and nurses about the usage of
needle-free connectors and insertion of central venous catheters in children and adults. The advantages
of needle-free IV connectors over conventional IV administration namely, safer access to IV lines without
using needle, reduced risk of bloodstream infections and reduced possibility of contamination, rising
chronic diseases prevalence and cost containment through use of needle-free IV connectors is expected to
boost the growth of needle-free IV connectors market over the forecast period.
The global needle-free IV connectors market was valued at US$ 621.1 million in 2016 and is expected to
reach a robust CAGR of 10.3% over the forecast period (2017-2025).
Rising incidence and prevalence of various chronic diseases and need for treatment is expected to boost
the needle-free connectors market
North America accounts for the largest share in the global needle-free connectors market,
followed by Europe. This is mainly attributed to the rise in the geriatric population and chronic
diseases. According to the Centers for Disease Control and Prevention (CDC), 2016, about half
of American adults, that is around 117 million people had one or more chronic health
conditions and one in four adults had two or more chronic health conditions. The factors
driving the growth of the needle-free IV connectors market includes government investments
and funding to improve healthcare infrastructure, awareness in people, and healthcare
practitioners.
Report includes chapters which deeply display the following deliverable about industry :
• Needle-free IV Connectors Market Research Objective and Assumption
• Needle-free IV Connectors Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Needle-free IV Connectors Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Needle-free IV Connectors Market, By Regions
• Needle-free IV Connectors Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Needle-free IV Connectors Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Needle-free IV Connectors Market Manufacturing Cost Analysis including Key Raw Materials
and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Needle-free IV Connectors Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
Competitive Landscape
Some major players operating in the needle-free IV connectors market are Baxter International Inc., B.
Braun Melsungen AG, Becton, Dickinson and Company, CareFusion Corporation, ICU Medical, Inc.,
Nexus Medical LLC, RyMed Technologies, LLC, and Vygon SA.
Detailed Segmentation:
Global Needle-Free IV Connectors Market, By Design Type:
•
Simple
•
Complex
Global Needle-Free IV Connectors Market, By Mechanism:
•
Positive
•
Negative
•
Neutral
Global Needle-Free IV Connectors Market, By Dwell Time:
•
Seven-Day
•
Other than Seven-Day
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About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Poul Master
Poul Master247   documents Email
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