Peripheral Intravenous Catheters Market Analysis
Segmentation Analysis:
In terms of segmentation, the global peripheral intravenous catheters market is analyzed on the basis of Product, Technology, Lumen, End-Use
The Peripheral Intravenous Catheters Market is segmented by product into Short PIVC and Integrated/Closed PIVC. The Short PIVC segment is expected to hold a significant market share due to its widespread usage in clinical settings for short-term venous access. Integrated/Closed PIVC segment is gaining traction among healthcare providers due to its reduced risk of bloodstream infections and ease of use.
Technology Analysis
In terms of technology, the market is segmented into Conventional PIVC and Safety PIVC. The Conventional PIVC segment dominated the market historically, but the Safety PIVC segment is projected to witness significant growth in the forecast period. Safety PIVCs offer additional features such as needleless access ports and retractable needles, resulting in reduced needlestick injuries and infections.
Lumen Analysis
The market is further segmented based on the number of lumens into Single, Double, and Multi-lumen PIVCs. Single-lumen PIVCs are the most commonly used and are expected to maintain their dominance in the market. However, the demand for Double and Multi-lumen PIVCs is increasing due to their ability to provide simultaneous administration of multiple medications or fluids.
End-use Analysis
In terms of end-use, the market is segmented into Hospitals and Ambulatory Surgical Centers. Hospitals are the primary end-users of peripheral intravenous catheters, accounting for a significant market share. The increasing number of hospital admissions and surgeries are driving the demand for PIVCs in hospitals. Ambulatory Surgical Centers are expected to witness growth due to the rising trend of outpatient surgeries and minimally invasive procedures.
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