The Germany Peripheral Intravenous Catheters (PIVC) market is segmented based on various catheter types, catering to different clinical requirements. The over-the-needle catheters dominate the market due to their widespread use in hospitals and clinics for short-term intravenous access. These catheters are highly preferred for their ease of insertion and quick application in emergency situations. Furthermore, the increasing number of outpatient treatments and diagnostic procedures is driving the demand for these catheters. The flexibility, cost-effectiveness, and availability of various sizes and designs make over-the-needle catheters the most commonly used type. Healthcare professionals favor these devices for their ability to minimize patient discomfort while ensuring effective drug administration or fluid management.
Another prominent type of PIVC is the through-the-needle catheters, which are used primarily in specialized procedures and for long-term intravenous access. This segment is gaining traction due to the increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular conditions, which often require extended IV therapy. Through-the-needle catheters offer superior flow rates and are more durable than over-the-needle options, making them suitable for patients who need continuous or long-term infusions. Additionally, advancements in catheter design, such as the incorporation of antimicrobial coatings, have further fueled the demand for these catheters, as they help reduce infection risks in prolonged treatments. This segment's growth reflects the need for more robust and reliable intravenous solutions in the German healthcare system.
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Peripheral Intravenous Catheters (PIVC) Market size was valued at USD 4.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
BD Medical
C.R. Bard
Smiths Medical
B. Braun Melsungen
Terumo Medical
Retractable Technologies
NIPRO Medical
Hospira
GaltNeedleTech
Teleflex
Vygon
Medline Industries
Dukwoo Medical
Vigmed
MVM Life Science Partners
Shanghai Puyi Medical Instruments
A wide range of product types tailored to specific applications, end-user industries from a variety of sectors, and a geographically diverse landscape that includes Asia-Pacific, Latin America, North America, Europe, the Middle East, and Africa are some of the characteristics that set the Germany Peripheral Intravenous Catheters (PIVC) Market apart. This segmentation strategy highlights the unique demands and preferences of different markets, which are driven by shifts in consumer behavior, industry-specific advancements, and technological breakthroughs. Market segmentation, which separates the market into distinct product offers, applications, and distribution channels, enables a thorough understanding of growth patterns and emerging trends. Every region has distinct growth potential because of factors like regional economic conditions, rates of technology adoption, and regulatory frameworks. Apart from contemplating
Ported Peripheral Intravenous Catheters (PIVC)
Non-Ported Peripheral Intravenous Catheters (PIVC)
Germany Peripheral Intravenous Catheters (PIVC) Market By Application
Hospitals
Clinics
ASCs
Other
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With a forecasted CAGR of x.x% from 2024 to 2031, the Germany Peripheral Intravenous Catheters (PIVC) Market's future appears bright. Market expansion will be fueled by rising consumer demand, developing technologies, and growing applications. Rising disposable incomes and urbanization are expected to drive a shift in the sales ratio toward emerging economies. Demand will also be further increased by sustainability trends and legislative backing, making the market a top priority for investors and industry participants in the years to come.
Scope of the Report
Attributes Details
Years Considered
Historical Data – 2019–2022
Base Year – 2022
Estimated Year – 2023
Forecast Period – 2023–2029
1. Introduction of the Germany Peripheral Intravenous Catheters (PIVC) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Market Size And Trends
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Germany Peripheral Intravenous Catheters (PIVC) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Germany Peripheral Intravenous Catheters (PIVC) Market, By Product
6. Germany Peripheral Intravenous Catheters (PIVC) Market, By Application
7. Germany Peripheral Intravenous Catheters (PIVC) Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Germany Peripheral Intravenous Catheters (PIVC) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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Competitive Landscape
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The current size of the PIVC market is estimated to be $3.5 billion.
The PIVC market is projected to grow at a CAGR of 6.8% from 2021 to 2026.
The growth of the PIVC market is being driven by the increasing prevalence of chronic diseases and the rising demand for minimally invasive procedures.
North America currently has the largest share in the PIVC market, accounting for 40% of the global market.
The key players in the PIVC market include Becton Dickinson, Smiths Medical, B. Braun, Terumo Corporation, and C. R. Bard.
The top 5 players in the PIVC market hold a combined market share of 55%.
The PIVC market offers a range of products including short peripheral catheters, midline catheters, and peripherally inserted central catheters (PICCs).
Short peripheral catheters account for 60% of the PIVC market, midline catheters account for 25%, and PICCs account for 15%.
Safety concerns, risk of infection, and product recalls are some of the challenges faced by the PIVC market.
The PIVC market is regulated by the FDA in the United States and the CE marking in Europe. Manufacturers must comply with stringent quality and safety standards.
The PIVC market is witnessing innovations in antimicrobial coatings, ultrasound-guided insertion techniques, and integrated securement devices.
The COVID-19 pandemic has led to an increased demand for PIVCs in hospitals and healthcare facilities treating COVID-19 patients, driving market growth.
The average selling price of PIVCs ranges from $3 to $15, depending on the type and features.
Opportunities for growth in the PIVC market include expanding into emerging markets, developing advanced catheter materials, and offering customized solutions.
Healthcare reforms aimed at reducing hospital-acquired infections and improving patient outcomes are creating a favorable environment for the PIVC market.
PIVCs are widely used in hospitals, with a penetration rate of 95%. However, their use in ambulatory care centers and home healthcare settings is also increasing.
There has been a declining trend in PIVC product recalls due to improvements in manufacturing processes and quality control measures.
Advancements in telemedicine are leading to increased demand for PIVCs for remote patient monitoring and infusion therapy, driving market growth.
The market outlook for PIVCs is optimistic, with an increasing focus on patient comfort, safety, and cost-effective solutions driving market expansion.
Value-based care initiatives are encouraging the adoption of PIVCs that minimize complications, reduce costs, and improve patient outcomes, creating opportunities for market growth.
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