Canada has a robust pharmaceutical industry, and the use of IV equipment is closely tied to advancements in drug development and delivery. Intravenous administration is a common method for delivering certain medications, and innovations in IV equipment often align with developments in pharmaceutical research. In emergency medicine scenarios, IV equipment plays a crucial role in providing rapid and life-saving interventions. Canadian healthcare facilities, particularly emergency departments, rely on IV therapy to address critical conditions such as trauma, sepsis, and cardiac emergencies. Some community pharmacies in Canada offer specialized services, including IV therapy. This trend is particularly notable in urban centers, where patients may access infusion services for various medical needs, including hydration, vitamin infusions, and certain medications. Intravenous administration is a common method for delivering chemotherapy drugs in the treatment of cancer. The use of IV equipment is integral to oncology practices in Canada, supporting patients undergoing chemotherapy and other cancer-related therapies. Like many developed nations, Canada places importance on environmental sustainability. Efforts are being made to incorporate eco-friendly materials and practices in the manufacturing and disposal of IV equipment to reduce environmental impact. Some mobile healthcare services in Canada offer IV therapy on a mobile basis. These services may cater to a variety of needs, from wellness and hydration to specialized medical treatments, and they bring the convenience of IV therapy directly to the patient. According to the research report “Canada Intravenous (IV) Equipments Market Research Reports," published by Actual Research, the Canada IV Equipments market is anticipated to add more than USD 300 Million from 2023 to 2028. The emergence of mobile healthcare services, including mobile IV clinics, is a notable trend. These services bring IV therapy directly to patients, offering convenience and flexibility, and they often use portable and compact IV equipment suitable for on-the-go treatments. The integration of telehealth and virtual care solutions has influenced the IV equipment market in Canada. Healthcare providers are exploring ways to remotely monitor and manage IV therapy, enhancing accessibility and reducing the need for patients to visit healthcare facilities for routine treatments. There is a trend toward the customization and personalization of IV treatments in Canada. IV equipment is being designed to allow healthcare providers to tailor treatments based on individual patient needs, considering factors such as weight, age, and specific medical conditions. Wearable technology is being explored for monitoring IV treatments. Devices that can track vital signs, infusion rates, and other relevant metrics provide a more comprehensive picture of patient health during IV therapy, supporting remote monitoring and patient engagement. The trend towards using disposable and single-use IV products is gaining traction. This shift is driven by a focus on infection control and reducing the risk of contamination, especially in healthcare settings where preventing healthcare-associated infections is a priority.
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Download SampleIn terms of product categories, the market is divided into IV catheters, infusion pumps, administration sets, securement devices, needless connectors, stopcocks and check valves, drip chambers and others. The Canada market for IV equipment is seeing a notable increase in the use of infusion pumps. Accurately and precisely delivering fluids, medications, and minerals as needed, infusion pumps guarantee regulated dosages and ongoing service. Particularly in critical care units, where exact dosing is essential for patient safety, this accuracy is crucial in a range of medical contexts. Many medical requirements, from straightforward fluid administration to intricate drug delivery, are satisfied by the use of infusion pumps. Their versatility makes it possible to administer a broad range of drugs, such as painkillers, chemotherapy, and critical care treatments, which has led to their widespread use in a number of healthcare settings. Infusion pumps are showing up more frequently in telemedicine and digital health systems. Healthcare professionals may quickly monitor patients' treatments and take appropriate action when needed thanks to connected pumps, which offer remote monitoring, data collecting, and real-time changes. Based on end user segment market includes, hospitals, clinics, home care settings and others. Hospitals are one of the main end users of IV equipment in Canada and are expected to hold the top spot in the market. The majority of acute care, surgeries, treatments, and a variety of other medical procedures are performed in hospitals. Since they serve as the main hub for administering intravenous treatments, IV equipment is a crucial component of hospital infrastructure. A wide range of patient needs, including specialty therapies and emergency care, are met by hospitals. To effectively facilitate a variety of intravenous therapies, this patient population requires a wide range of IV equipment, such as infusion pumps, catheters, tubing, and accessories. Hospitals often manage a significant volume of patients seeking intravenous treatments. As a result, there is a high demand for IV equipment to handle the administration of drugs, fluids, blood products, and nutrition therapy for a significant number of patients across various departments and units. Considered in this report: • Geography: Canada • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • Canada IV Equipments market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation
By Product: • IV Catheters • Infusion Pumps • Administration Sets • Securement Devices • Needless Connectors • Stopcocks and Check Valves • Drip Chambers • Others By End User: • Hospital • Clinics • Home Care Settings • Others By Indication: • Cardiovascular Disorders & Hypertension • Pregnancy • Diabetes • Respiratory Diseases • Cancer • Movement Disorders • Hearing Disorders • Wound Care • Other Indications (sleep disorders, kidney disorders, neurovascular diseases, and HIV)
The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the IV Equipments industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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