Standard Intravenous Administration Sets Market Size | Global Industry Analysis, Segments, Top Key Players, Drivers and Trends to 2025

Standard intravenous administration sets comprise a broad range of components to fit various medical needs. These sets have widespread use in infusion needs and nutritional support. Standard IV administration sets are engineered to provide support of blood type or fluid type products, offering wide range of options for physicians.

View Report :  https://www.transparencymarketresearch.com/standard-intravenous-administration-sets-market.html

A standard IV administration set generally consists of a sterile, pre-filled container of fluid made up of glass or plastic material, a sterile long tube with a cock to regulate the flow of fluid, a connector to attach the access device, and a Y-injection site. The sets are manufactured to meet the general specifications of IV sets, which minimize the risk of exposure to all hazardous contaminants during administration.

High safety profile of standard IV administration sets, intuitive designs, cost-effectiveness, and availability of tubes of different lengths for better patient mobility are the major factors expected to drive the global standard IV administration sets market during the forecast period. However, rise in incidence of manual medication errors and stringent regulatory policies for product approval are projected to restrain the market from 2017 to 2025.

Get PDF Sample Copy of Report: (Including TOC, List of Tables & Figures, Chart) : https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=35996

The global standard IV administration sets market can be segmented based on end-user. In terms of end-user, the market can be classified into hospitals, ambulatory surgical centers, clinics, and home care. Hospitals accounted for maximum market share in 2016, owing to the technological advancements in medical care, safe & easy to use standard IV administration sets, and increase in number of surgical procedures across the globe.

However, the home care segment is anticipated to expand at the highest CAGR during the forecast period, attributed to increase in adoption rate of ready-to-use standard IV administration sets and rise in geriatric population. Increase in prevalence of chronic diseases and surge in demand for technologically advanced medical care are the major factors attribute to the dominance of the hospitals segment during the forecast period.

REQUEST FOR COVID19 IMPACT ANALYSIS – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=35996

Geographically, the global standard IV administration sets market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for significant market share in terms of revenue in 2016, due to strategic presence of key players and rise in government expenditure on health care in the U.S. and Canada.

The market in Asia Pacific is expected to expand at a significant CAGR from 2017 to 2025 driven by cost-effectiveness of standard IV administration sets and entry of emerging local & regional players in the region. However, rise in investment by public and private players in health care in the U.S. and increase in prevalence of chronic injuries are the major factors attributed to North America’s dominance during the forecast period.

Read our Case study at : https://www.transparencymarketresearch.com/casestudies/innovative-medical-device-manufacturing-start-up

The global standard IV administration sets market is fragmented, with numerous small and mid-size manufacturers. Key players operating in the market are Q Core Medical Ltd., Poly Medicure Limited, B. Braun Medical Ltd., Baxter, SOLMED, Vioser SA, Teva Medical Ltd., Moore Medical LLC, ClinLabNavigator, Hospira (a Pfizer company), Codan US, Doran International, among others. Incorporation of technologically advanced features in products and adoption of acquisition or collaboration strategies to expand geographical reach are the strategies followed by the key companies to stay ahead of the competition.

More Trending Reports by Transparency Market Research –  1.https://www.prnewswire.com/news-releases/global-chronic-obstructive-pulmonary-disease-copd-treatment-market-to-reach-us-26-2-bn-in-2027-drug-makers-focus-on-combination-therapies-transparency-market-research-301011476.html   

2.  https://www.biospace.com/article/upper-respiratory-tract-disorder-diagnostics-and-therapeutics-market-global-opportunity-analysis-and-industry-forecast-2020/

Latest

How long do you have before you have to report a work-related injury?

When an accident or illness occurs on the job,...

Measuring the Incremental Role that Defamation Plays in UK Media Law

Considering a career in journalism is much more than...

Reasons You Should Use Only Genuine Or OEM Auto Parts

To prolong the life of your car, it's important...

Upgrade Your Car with These Affordable Tips to Enjoy That Luxurious Feeling

With constant growth and innovation in the automobile sector,...

Newsletter

spot_img

Don't miss

How long do you have before you have to report a work-related injury?

When an accident or illness occurs on the job,...

Measuring the Incremental Role that Defamation Plays in UK Media Law

Considering a career in journalism is much more than...

Reasons You Should Use Only Genuine Or OEM Auto Parts

To prolong the life of your car, it's important...

Upgrade Your Car with These Affordable Tips to Enjoy That Luxurious Feeling

With constant growth and innovation in the automobile sector,...

IPTV UK: The Latest News And Updates

If you’re looking for the latest news and updates...
Admin
Adminhttps://dailybn.com/
Dailybn- Owned by | Wahad Butt From Pakistan. Email : annaconda092@gmail.com Hey We are outreach Blogger we will promote your website by premium guest posting service to grow your authority , Why We Are Different? Our blog posting administrations We offer the most serious estimating in the business that isn't just moderate yet additionally powerful.
spot_imgspot_img

How long do you have before you have to report a work-related injury?

When an accident or illness occurs on the job, it's important to let your boss know right once. You are obligated to give them...

Measuring the Incremental Role that Defamation Plays in UK Media Law

Considering a career in journalism is much more than simply writing, in fact it could arguably be one of the smallest parts of the...

Reasons You Should Use Only Genuine Or OEM Auto Parts

To prolong the life of your car, it's important to keep up with regular repairs and maintenance. For your vehicle to last as long...