China has experienced rapid economic growth over the past few decades, leading to increased healthcare spending and infrastructure development. This economic growth has allowed the country to invest substantially in advanced medical technologies, including IV equipment. China has the world's largest population, and with an aging demographic and an increasing burden of chronic diseases, there is a growing demand for healthcare services and medical equipment, including IV devices. The expansion and modernization of healthcare facilities, including hospitals and clinics, have created a greater need for advanced medical equipment in China. IV equipment is crucial for a wide range of medical procedures and treatments, making it a key component of the expanding healthcare infrastructure. The rising incidence of chronic diseases, such as diabetes, cardiovascular diseases, and cancer, has increased the demand for long-term and complex medical treatments. IV therapy is often a crucial component of these treatments, driving the demand for IV equipment. China has emerged as a global manufacturing hub for medical devices, including IV equipment. The country's manufacturing capabilities, cost-effectiveness, and supply chain efficiency make it a preferred location for the production of medical devices, catering not only to domestic but also to international markets. China has become a destination for medical tourism, attracting patients from other countries seeking high-quality healthcare services. The demand for advanced medical equipment, including IV devices, is influenced not only by the domestic market but also by the growing number of international patients seeking treatment in China. Chinese companies and research institutions are investing in research and development (R&D) activities to innovate and develop new technologies in the medical device sector. This commitment to R&D enhances China's ability to produce cutting-edge IV equipment. According to the research report "China Intravenous (IV) Equipments Market Research Reports," published by Actual Research, the China IV Equipments market was valued more than USD 1 Million in 2022. Integration of sensor technology into IV catheters for real-time monitoring of insertion site conditions, blood flow, and early detection of complications. This trend enhances patient safety and allows for timely interventions. Application of nanotechnology for the development of nanomaterial-coated catheters and IV equipment. Nanomaterials can offer advantages such as improved biocompatibility, reduced infection risks, and enhanced drug delivery capabilities. Development of biodegradable materials for certain components of IV equipment, reducing environmental impact and providing a sustainable solution. This aligns with broader global trends in eco-friendly and green healthcare practices. Use of virtual reality technology to distract and manage pain and anxiety in patients during IV procedures. VR applications can create immersive experiences to alleviate discomfort and improve the overall patient experience. Advancements in needle-free IV systems that utilize innovative technologies such as high-velocity jets or micro-needles for drug administration. These systems aim to reduce patient discomfort, enhance safety, and minimize the risk of needlestick injuries. Integration of voice-activated controls for IV pumps and devices to enhance hands-free operation and facilitate easier adjustments during medical procedures. This can be especially beneficial for healthcare providers in sterile environments. Exploration of 3D bioprinting techniques to create customizable and patient-specific IV components, such as catheters and connectors. This trend has the potential to improve compatibility, reduce adverse reactions, and enhance overall patient outcomes.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleBased on product market includes IV catheters, infusion pumps, administration sets, securement devices, needless connectors, stopcocks and check valves, drip chambers and others. The IV equipment market in India is experiencing a notable growth in infusion pumps sales. Hospitals in India experience a large influx of patients requesting IV treatments. The precision with which infusion pumps provide fluids, medications, and nourishment in medical settings is critical, which underpins the increasing use and development of these devices. In China, the prevalence of diabetes, heart disease, and cancer is rising. The need for infusion pumps is growing as a result of their critical role in administering the exact medications and treatments required to manage these chronic conditions. In order to provide life-saving medications and preserve hemodynamic stability, infusion pumps are essential in critical care units. The increasing usage of these pumps in intensive care units is largely due to their accuracy and control in critical care situations. Government initiatives to enhance healthcare services and infrastructure promote the usage of infusion pumps. Investments in healthcare and the pursuit of improved medical facilities tangentially drive demand for cutting-edge medical devices like infusion pumps. Growing awareness of the advantages of infusion pumps among medical professionals and specific training courses for their appropriate use have helped infusion pumps become more widely accepted and used in a range of healthcare settings. The end-user market is divided into home care settings, clinics, hospitals, and other categories. The market for IV equipment in China is anticipated to expand quickly in home care settings. The availability of home-based intravenous therapy has increased as a result of improvements in IV equipment, especially very portable and user-friendly infusion pumps. The rapid rise of home care settings can be attributed to the technologies that allow patients to receive essential treatments outside of hospital settings. India is becoming a more patient-centered and decentralised healthcare nation. An increasing number of people are prioritising in-home healthcare services due to convenience, reduced hospital expenses, and improved patient comfort. A lot of patients prefer receiving care in the convenience and seclusion of their own homes. The demand for home-based care is fueling the rapid growth of home care settings in the IV equipment market, as is the availability of modern IV equipment that is optimised for home usage. Considered in this report: • Geography: China • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028
Aspects covered in this report: • China 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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