Needle free iv connectors market

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Needle-Free IV Connectors MarketSet to Exceed
1,647.7 Million By 2027 CAGR 10.2

• Needle-Free IV Connectors Market Share, Size,
  Trends, Industry Analysis Report, By Mechanism
  (Positive, Negative, and Neutral) By Design Type
  (Straight Channel, T-channel, Y-channel, and
  Multi-channel) By Dwell Time (Seven Days, and
  More than 7 Days), By End User (Hospitals,
  Ambulatory Surgical Centers, and Others) By
  Regions Segment Forecast, 2020 2027

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Needle-Free IV Connectors Market Estimate
Forecast to 2027
The global needle-free IV connectors market size
is expected to reach USD 1,647.7 million by 2027
according to a new study by Polaris Market
Research. Needle free IV connectors (NFC) are
small needleless devices used within intra-venous
(IV) catheters, administration sets, and
syringes. NFC is the basic medical supply present
in any healthcare facility to administer fluid,
drug or medication in different vascular access
systems. These needle-free systems are designed
with the purpose to reduce needle stick injuries,
bacterial contamination in the blood to improve
patient outcome.   The complications associated
with the needle based connectors such as catheter
based blood stream infections and the catheter
lumen occlusion are acting as the drivers for the
NFC market. The set of NFCs are coming up with
superior designs and features to reduce the
length of hospital stays and economic burden.
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Needle-Free IV Connectors Market Scope
By Mechanism By Design Type By Dwell Time By End-Use By Region
Positive Negative Neutral Straight Channel T-channel Y-channel Multi-channel   7 Days More than 7 days   Hospitals Ambulatory Surgical Centers Others North America (U.S., Canada) Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria) Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea) Latin America (Brazil, Mexico, Argentina) MEA (Saudi Arabia, UAE, Israel, South Africa)
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Needle-Free IV Connectors Market Estimate
Forecast to 2027
The prominent factors responsible for the growth
of NFCs market the rising hospital admission
rate, particularly among geriatrics, needle stick
injuries among healthcare workers, and superior
quality as compared to conventional systems. In
2016, the Center of Disease Control and
Prevention (CDC) estimated more than 8.5 million
people in the U.S have peripheral artery disease
(PAD), out of which approximately 20 of the
individuals were above age 60 years. The
prevalence of the PAD is estimated equal among
the men and women population. The primary reason
behind the widespread of these diseases is less
awareness among the population, especially in
growing economies of the APAC region.   Market
participants such as RyMed Technologies, LLC,
Baxter International Inc., CareFusion
Corporation, B. Braun Melsungen AG, Nexus Medical
LLC, Becton, Dickinson and Company, ICU Medical,
Inc., and Vygon S.A. are some of the key players
operating in the concerned market. The factors
such as superior designs, unique features, user
friendliness with the healthcare workers, price,
technology, and strong distribution in the
geographical area are the competitive forces
impacting the player presence in the area. The
bigger companies are focusing on signing long
term exclusive distribution agreement to remain
dominant force in the market. In May 2019, B.
Braun and Nexus Medical signed an agreement to
distribute TKO-6P luer activated anti-reflux
device. This will increase customer coverage with
enhanced patient care for both the parties.
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Needle-Free IV Connectors Market Share
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Needle-Free IV Connectors Market Study
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