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Asia Pacific IV Equipment Market is projected to grow at a CAGR of 6.9%, to reach USD2.64 billion by 2021.

 



(Medical-NewsWire.com, September 19, 2017 ) Intravenous therapy is the fusion of liquid components directly into a vein. Intravenous (IV) means inside vein. Intravenous infusions are commonly referred to as drips. The intravenous route is the rapidest way to deliver fluids and medications all over the body.

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Upsurge in human services spending and advancement of medicinal services foundation Diabetes, gastrointestinal infections, ascend in malignancy, neurological conditions and lack of healthy sustenance are main scale drivers affecting business sector improvement, particularly in rising nations. Elderly people and expanded access to palliative care keeps on driving interest for IV hardware for medication and supplement implantation of sicknesses.

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The Asia Pacific market for IV Equipment is segmented on the basis of Product, End User and region. Based on product, the market is segmented into IV Catheters, Administration Sets, Infusion Sets, Securement Devices, Stopcocks and Check Valves, Drip Chambers, Needleless Connectors, Other IV Equipment. The IV catheters segment is expected to have the major share of the IV Equipment Market in 2017. Based on End User, the market is segmented into Hospitals and Clinics, Home Care, Ambulatory Care Centers.

Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are likely to increase the market because of huge population. Also Asia Pacific is largest growing segment.

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ICU Medical, Inc. (U.S.), Smiths Medical (U.K.), Moog, Inc. (U.S.), Becton, Dickinson and Company (U.S.), B. Braun Melsungen AG (Germany), Baxter International Inc. (U.S.), Fresenius SE & Co. KGaA (Germany), Terumo Corporation (Japan.),and C. R. Bard, Inc. (U.S.), are the leaders in the Asia Pacific IV Equipment market.

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Source: EmailWire.Com

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