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NEEDLE-FREE IV CONNECTORS MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-2025

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NEEDLE-FREE IV CONNECTORS MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-2025
Published: September 8, 2017 Content info:
Description

Needle-free IV connectors reduce the risk of microbial and bacterial contamination during intravenous injections, and thus, have received FDA approval. Needle free IV connectors are used to prevent contamination, a common occurrence with conventional metal needles. Needleless connectors are an integral part of the IV delivery system, as it provides maximum safety to the patient as well the healthcare professional. There are several needle free connectors present in the market that reduces the fluid displacement as well possess zero fluid reflux while infusing the liquid. The healthcare sector in developed and emerging economies are inclining towards adopting infusion therapy which are completely needle free, thereby trying to ensure maximum safety and quality to the patients. The use of needle free connectors are highly effective in reducing the risks involved in the bloodstream infections.

Needle free connectors are helpful in potentially reducing the needle stick injuries and infection

As per stats released by the WHO in 2014, around 80,000 catheter-related blood stream infections (CRBSI) were reported in the U.S. with the use of central venous catheters thereby leading to increase in the overall cost that the patient bears in terms of pharmacy charges, lab tests and duration in ICU. Needle free connectors are the best way to substantially reduce the bloodstream infection which in turn will reduce the additional expenses from which the patients are suffering.

Low costs of positive fluid displacement connectors dominating the global needle free IV connectors market

The global needle free IV connectors market can be segmented on the basis of fluid displacement mechanism, commercial availability, end user and geographical regions.

Based on the type of fluid displacement mechanism, the global market is segmented into-

  • 1. Positive Fluid Displacement Connectors
  • 2. Negative Fluid Displacement Connectors

The global needle free IV connectors market is mainly dominated by positive fluid displacement connectors due to its low cost and better efficiency in reducing bloodstream infections. The positive fluid displacement connectors was attributed to account largest market share of around 34% in 2013.

On the basis of commercial availability, the global market is segmented into -

  • 1. Simple needle- free connectors : These are inexpensive connectors, consisting very few parts and offers a straight fluid pathway.
  • 2. Complex needle- free connectors : These are comparatively expensive connectors having internal moving parts leading to a non- straight fluid pathway.

Based on the end user, the global needle free IV connectors market is segmented into-

  • 1. Hospitals
  • 2. Clinics
  • 3. Ambulatory Surgical Centers
  • 4. Others

Asia Pacific to be key growth engine for the global needle free IV connectors market

On the basis of regional segmentation, the global needle free IV connectors market can be segmented into North America, Europe, Latin America, Asia Pacific, Middle East and Africa. North America leads the needle free IV connectors industry due to rise in the geriatric population. For instance, the National Institute of Health (NIH) suggests that 8.5% of the worldwide population are aged 65 years and above leading to the fact that this population is more prone towards incidence of chronic diseases. Apart from this, several other factors driving the growth of the market includes government investments and funding to improve healthcare infrastructure, awareness in people and healthcare practitioners. Asia pacific is expected to show striking growth over the forecast period due to growth in prevalence of chronic diseases and improvement in the healthcare facilities.

Government undertaking the improvisation of healthcare facilities leading to rise of the global needle free IV connectors market

The bacterial and microbial bloodstream infection caused due to the use conventional needle stick devices is the major factor responsible for boost of the needle free IV connectors market. The needle free devices not only reduce the risk of these infections, but also provides convenience to the medical and nursing personnel to administer to draw fluids into and out of the bloodstream. The low cost of positive fluid displacement connectors is another important reason responsible to boost the needle free IV connectors market. However, increase in the rate of catheter related blood stream infections (CRBSI) could hinder the growth of needle free IV connector market.

Hospira standing out as one of the major dominating player of the global needle free IV connectors market

Key players of the needle free IV connectors market includes Hospira, Baxter healthcare corporation, CareFusion Corporation, ICU Medical, Becton, Dickinson and Company, B. Braun Medical Inc., RyMed Technologies, Vygon SA and Nexus Medical LLC. In 2016, Hospira announced a CE mark approval for the launch of its new IV connector.

Table of Contents
Product Code: CMI4426

Table of Contents

Section 1

Research Objectives

Assumptions

Abbreviations

Section 2

Report Description

  • Market Definition and Scope

Executive Summary

  • Market Snapshot by Design Type
  • Market Snapshot by Mechanism
  • Market Snapshot by Dwell Time
  • Market Snapshot by Region
  • Coherent Market Opportunity Map

Section 3

Global Needle-Free IV Connectors Market Dynamics

  • Drivers
  • Restraints
  • Opportunities
  • Product Design
  • Use and Benefit
  • Supply Chain Analysis
  • Mergers & Acquisitions
  • Porter's Five Forces Analysis

Section 4

Global Needle-Free IV Connectors Market, By Design Type, 2015 - 2025 (US$ Million)

  • Introduction
    • Market Share Analysis, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, 2015 - 2025
    • Segment Trends
  • Simple
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
  • Complex
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

Section 5

Global Needle-Free IV Connectors Market, By Mechanism, 2015 - 2025 (US$ Million)

  • Introduction
    • Market Share Analysis, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, 2015 - 2025
    • Segment Trends
  • Positive Fluid Displacement
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
  • Negative Fluid Displacement
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
  • Neutral Fluid Displacement
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

Section 6

Global Needle-Free IV Connectors Market, By Dwell Time, 2015 - 2025 (US$ Million)

  • Introduction
    • Market Share Analysis, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, 2015 - 2025
    • Segment Trends
  • Seven Day
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)
  • Other than Seven Day
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

Section 7

Global Needle-Free IV Connectors Market, By Geography, 2015 - 2025 (US$ Million)

  • Introduction
    • Market Share Analysis, 2016 and 2025 (%)
    • Y-o-Y Growth Analysis, 2015 - 2025
    • Regional Trends
  • North America
    • Introduction
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Country Trends
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

U.S.

Canada

  • Latin America
    • Introduction
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Country Trends
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

Brazil

Mexico

Rest of LATAM

  • Europe
    • Introduction
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Country Trends
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

UK

Germany

Italy

France

Russia

Rest of Europe

  • Asia Pacific
    • Introduction
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Country Trends
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

China

India

Japan

ASEAN

Australia

South Korea

Rest of Asia Pacific

Middle East Introduction Market Share Analysis, By Country, 2016 and 2025 (%) Country Trends Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

GCC

Israel

Rest of Middle East

  • Africa
    • Introduction
    • Market Share Analysis, By Country, 2016 and 2025 (%)
    • Country Trends
    • Market Size and Forecast, and Y-o-Y Growth, 2017-2025, (US$ Million)

North Africa

Central Africa

South Africa

Section 8

Heat Map Analysis

Company Profiles

  • Baxter International Inc.*
    • Company Highlights
    • Product Portfolio
    • Financial Performance
    • Key Developments
    • Strategies/Future Plans
  • B. Braun Melsungen AG
  • Becton, Dickinson and Company
  • CareFusion Corporation
  • ICU Medical, Inc.
  • Nexus Medical LLC
  • RyMed Technologies, LLC
  • Vygon SA

Section 9

Analyst Views

Research Methodology

About Us

*Key pointers provided are also applicable to other companies covered in the scope of the report.

Note: The table of content is subject for change/refinement based on the availability of information through secondary and primary sources during the course of study.

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