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Global Acute Care Needleless Connectors Market to Reach US$972.0 mn by 2020, Driven by Rising Cases Health Articles | April 16, 2016
Conventional needle based I.V. catheters, administration sets, and syringes are used for intravenous administration of fluids. However Simon Mignolet Belgium Jersey , use of needle based IV systems give rise to needlestick injuries to healthcare workers leading increased incidences of blood borne infections.
The global acute care needleless connectors market is progressing at a CAGR of 10.2% from 2014 to 2012. The market is expected to be valued at US$972.0 mn by the end of 2020, according to a market research report released by Transparency Market rding to the report, the聽global acute care needleless connectors market is currently boosted by a growing prevalence of needlestick injuries, added to a growing population of the elderly. Globally, there is a high number of patients suffering from chronic diseases Romelu Lukaku Belgium Jersey , cancer, and diabetes. All these factors create a combination conducive to the growth of the global acute care needleless connectors market.
The global acute care needleless connectors market is, however, restrained by the high cost of needleless connectors from within a branded variety which leads consumers to reach for easily available substitutes. The global acute care needleless connectors market is also hindered by a growing prevalence of bloodstream infections caused by report adds that the global acute care needleless connectors market is still expected to prosper in the near future, owing to the growing investments made by developing economies in research and development efforts. The global acute care needleless connectors market could achieve a high growth rate through the higher rate of use of needleless connectors in developing economies.
The report provides a segmented view of the global acute care needleless connectors market based on design Radja Nainggolan Belgium Jersey , mechanism, dwell time, and product designs, the global acute care needleless connectors market was led by complex needleless connectors in 2013, with over 50%. The report’s forecast period is expected to see simple needleless connectors grow at the fastest pace.
Positive fluid displacement devices led the global acute care needleless connectors market in 2013 Nicolas Lombaerts Belgium Jersey , in the mechanism segment The report, however, explains that positive displacement devices carry a high risk of causing CRBSI, hindering the market’s growth rate. Consequently, the global acute care needleless connectors market is expected to be boosted by a growing preference for neutral displacement connectors. The neutral fluid displacement connectors market is expected to display a 11.0% CAGR from 2014 to 2020.
North America registered the highest growth rate in the global acute care needleless connectors market in 2013. The report Nacer Chadli Belgium Jersey , however, states that Asia Pacific will display the fastest CAGR over the report’s forecast period.
Key players in the global acute care needleless connectors market are RyMed Technologies, Vygon SA, ICU Medical Inc., CareFusion Corp. Mousa Dembele Belgium Jersey , Nexus Medical, Baxter Int. Inc., Becton Dickinson and Co., and B. Braun Melsungen. The report analyzes all key players to provide an accurate competitive landscape of the global acute care needleless connectors market.
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Key segments of the Global Acute Care Needleless Connectors Market
Global Acute Care Needleless Connectors Market, by Design Types Simple Complex
Global Acute Care Needleless Connectors Market Michy Batshuayi Belgium Jersey , by Mechanism Positive Fluid Displacement Negative Fluid Displacement Neutral Fluid Displacement
Global Acute Care Needleless Connectors Market, by Dwell Time 7 Days Other than 7 Days
Global Acute Care Needleless Connectors Market, by Geography
h America By Design Type Simple Connectors Complex Connectors
By Mechanism Positive Displacement Negative Displacement Neutral Displacement
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