Tier 1 players to dominate the global market for short PIVC market through 2021
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global short peripheral intravenous catheter (PIVC) market in their latest research report. This report also lists 14 other prominent vendors who are expected to contribute to this market’s growth between 2017 and 2021.
Competitive vendor landscape
The global market for short PIVC is dominated majorly by Tier 1 players who have a stronger market presence when compared to Tier 2 and Tier 3 vendors. During the forecast period, technological advances and new product launches are expected to intensify the level of competition in the market space. Manufacturers are also anticipated to develop and introduce innovative products to provide and increase patient satisfaction as well gain market shares.
According to Barath Palada, a lead analyst at Technavio for research on orthopedics and general medicine, “Rising safety related issues, along with the use of ported short PIVCs is prompting vendors and research organizations in the global market to develop non-ported short PIVCs. Researchers are also evaluating the use of non-ported short PIVCs with a vascular device to reduce infections further. Such developments are propelling the adoption of such systems in developed countries such as the US, and the UK.”
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Top five vendors in the short PIVC market space
B. Braun Melsungen
B. Braun Melsungen is a supplier of various kinds of products for anesthesia, cardiology, intensive medicine, extracorporeal blood treatment, and surgeries. The company also provides value-added services for the improvement of working procedures. B. Braun is one of the leading vendors of global short PIVC market. The company provides innovative passive, safety short PIVC products, and accessories in APAC, Europe, and North America.
Key products: Introcan Safety, Introcan Safety W, Introcan / Introcan Certo, Introcan W / Introcan W Certo I.V. Catheter, and Vasofix Braunüle / Vasofix Certo.
Becton Dickenson
Becton Dickenson is a medical technology company that manufactures and sells a broad range of medical supplies, diagnostic products, and laboratory equipment. The company mainly serves life science researchers, healthcare institutions, clinical laboratories, the pharmaceutical industry, and the public. Becton Dickenson has offices in over 50 countries worldwide.
Key products: BD Insyte Autoguard BC Shielded IV Catheter.
C.R. Bard
C.R. Bard engages in the design, development of medical, diagnostic, and patient care devices. It offers a wide range of MI devices for the treatment of peripheral vascular disease and heart arrhythmia. The company provides short PIVC catheters that reduce hospital-acquired infections and ports that deliver chemotherapy.
Key products: PowerGlide midline catheter, PowerGlide Pro midline catheter, BARD poly midline catheters, GROSHONG and PER-Q-CATH plus midline catheters, PowerMidline catheter, and StatLock IV stabilization device.
Smiths Medical
Smiths Medical develops medical devices and equipment for emergency, hospital, home, and specialist environments. Its products are used in surgery and post-operative care during recovery, critical, and intensive care, and in a series of high-end home drug administration therapies.
Key products: ACUVANCE Safety I.V. Catheters, PROTECTIV Safety I.V. Catheters, JELCO I.V. Catheter, ViaValve Safety IV Catheters, OPTIVA I.V. catheter, and CATHLON I.V. catheters.
Terumo Medical
Terumo manufactures and sells medical products and equipment worldwide. The company engages in the development of a range of drug delivery devices, such as intravenous catheters, which includes ported and non-ported short PIVC catheters.
Key products: Surflo I.V. Catheters, Surflash I.V. Catheters, and Versatus I.V. Catheters.
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A more detailed analysis is available in the Technavio report, Global Short PIVC Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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