The Global IV Dressings Market size is projected to grow from US$ 1,189.2 Mn in 2020 to US$ 2,298.6 Mn by 2028 with a CAGR of 7.5% during the forecast period (2021-2028). The demand for transparent and translucent dressings is projected to grow during the forecast period, owing to their low cost, ease in handling, the convenience of use among others.
Intravenous (IV) Dressings are sterile dressings used to cover the IV insertion site on a person's body. They're made from non-woven or gauze and offer protection against bacteria as well as moisture, which can lead to infection. As they don't stick as tape does, it is important that an adhesive bandage be placed over the dressing for additional security. Applying the dressing correctly also prevents the disruption of glucose monitors and nerve stimulators in those with chronic diseases such as diabetes and Parkinson’s disease.
On the basis of Types, the market is segmented into Transparent and Translucent.
Transparent dressings are typically made of thin, semi-translucent sheets. There is no hemostatic agent in the dressing which allows for oxygenation through the membrane and a better blood supply to the wound area than other types of dressings such as gauze or compresses. Transparent dressings can be used on open wounds with moderate amounts of exudate where maintaining good tissue viability is essential, e.g., diabetic foot ulcers (DFUs).
Translucent dressings are thin and clear in appearance. It is made of plastic, cotton, or other absorbent material to allow for the passage of light through it. Translucent dressing can be single or multi-layered with different thicknesses depending on their intended use. For example, a translucent wound cover will have more layers to prevent leakage whereas a transparent dressing would not need as many because its purpose is mainly to provide protection from outside elements such as bacteria, fluids, and glass particles.
On the basis of Applications, the market is segmented into Hospitals, Clinics, and Others. IV Dressings are used in hospitals and clinics to provide a sterile barrier between the bloodstream or body fluids of one person and another. Standard IV dressings can be made from cotton, gauze, or non-adherent materials such as film which is often coated with an antibiotic ointment for further protection against infection.
They are commonly found in hospital wards, surgical suites, and outpatient centers due to their usefulness in maintaining sterility during procedures involving contact with bodily fluids. The most common types include transparent (or white) IV dressings that allow nurses to see through the top layer yet still protect against blood-borne diseases; translucent (or blue) IV dressings that offer additional patient comfort by blocking out external light yet preventing identification of patients.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific region is expected to be the fastest-growing regional market on account of a rise in geriatric population coupled with an increase in disposable incomes.
Europe comes second on account of its rise inpatient population due to aging demographics coupled with an increase in cases pertaining to chronic illnesses such as cancer, diabetes, and cardiovascular diseases.
Factors such as the increasing number of patients, an aging population, and rising incidence of chronic diseases are driving the need for infusion therapy treatment in hospitals or clinics globally. This leads to increased demand for intravenous dressing products across all regions including North America, Asia Pacific, and Europe. Additionally, regulatory authorities worldwide have been encouraging the use of single-use devices that minimize cross-contamination risk between healthcare providers and patients which has led to a rise in adoption rates for disposable products.
Up Market Research published a new report titled “IV Dressings Market research report which is segmented by Types (Transparent, Translucent), By Applications (Hospitals, Clinics, Other), By Players/Companies 3M, Smith & Nephew, Acelity/Systagenix, Bsn Medical, Deroyal, Medline Industries, Reliamed, Tytex Inc.”.
|Report Attributes||Report Details|
|Report Title||IV Dressings Market Research Report|
|By Type||Transparent, Translucent|
|By Application||Hospitals, Clinics, Other|
|By Companies||3M, Smith & Nephew, Acelity/Systagenix, Bsn Medical, Deroyal, Medline Industries, Reliamed, Tytex Inc.|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||227|
|Number of Tables & Figures||159|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Transparent, Translucent and By Application Hospitals, Clinics, Other.
Some of the companies that are profiled in this report are:
IV Dressings Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the IV Dressings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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