Iv Securement Device Market set to hit $4.0 billion by 2035
Industry revenue for Iv Securement Device is estimated to rise to $4.0 billion by 2035 from $1.4 billion of 2024. The revenue growth of market players is expected to average at 9.7% annually for the period 2024 to 2035.
Iv Securement Device is critical across several key applications including hospital care, home healthcare, emergency medical services and pediatric care. The report unwinds growth & revenue expansion opportunities at Iv Securement Device’s Product Type, Clinical Application, End-User Setting and Distribution Channel including industry revenue forecast.
Industry Leadership and Competitive Landscape
The Iv Securement Device market is characterized by intense competition, with a number of leading players such as 3M Company, Smiths Medical, Becton Dickinson and Company, C. R. Bard, Centurion Medical Products, TIDI Products LLC, Baxter International Inc., Medtronic Plc, ConvaTec Group Plc, B. Braun Melsungen AG, Teleflex Incorporated and M.C. Johnson Company Inc..
The Iv Securement Device market is projected to expand substantially, driven by rising incidence of chronic diseases and technological advancements in iv securement devices. This growth is expected to be further supported by Industry trends like Increasing Surgical Procedures.
Moreover, the key opportunities, such as untapped market segments, technological innovations and strategic collaborations, are anticipated to create revenue pockets in major demand hubs including U.S., Germany, Japan, China and UK.
Regional Shifts and Evolving Supply Chains
North America and Asia-Pacific are the two most active and leading regions in the market. With challenges like high costs of iv securement devices and lack of awareness and training, Iv Securement Device market’s supply chain from raw material procurement / component manufacturing / device assembly to distribution & sales is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including Brazil, India and South Africa for revenue diversification and TAM expansion.
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