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IV Poles Market - Growth, Trends, and Forecasts (2020 - 2025)

  • ID: 5176570
  • Report
  • August 2020
  • Region: Global
  • 110 pages
  • Mordor Intelligence
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until Dec 31st 2020

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FEATURED COMPANIES

  • 3M
  • Alvo Medical
  • Antano Group
  • Besco Medical
  • Cardinal Health
  • Promotal SAS
  • MORE
The IV Poles market studied was projected to register a CAGR of about 6.3% over the forecast period. The major factor attributing to the growth of the market is the increase in the prevalence of diseases such as gastrointestinal diseases, neurological diseases, cancer where IV fluids are given to the patients. According to the World Health Organization, diarrhoeal disease is the second leading cause of death in children under five years old. Globally, there are nearly 1.7 billion cases of childhood diarrhoeal disease every year. However, challenges faced by the conventional poles like rusting of the stands and they are not adjustable and very difficult to transport

Key Market Trends

Stainless Steel Segment is Dominating the IV Poles Market.

The dominant share of the segment is due to the advantages of the stainless steel, the durability, and its antirusting feature. The increasing prevalence of diseases like gastrointestinal disorder, neurological diseases, cancer is the major cause growth of the segment. According to the Centers for Disease Control and Prevention, the number of visits to physician offices with diseases of the digestive system as the primary diagnosis was 22.4 million, only in the United States in the year 2018. The advantages of the material and the growing prevalence of the disease is propelling the segment growth.

North America Dominates the Market and Expected to do Same in the Forecast Period

North America is expected to dominate the overall market, throughout the forecast period. The market growth is due to the factors such as the presence of key players, high prevalence of diseases like cancer, vomitings, diarrhea in the region, established healthcare infrastructure are some of the key factors accountable for its large share in the market. Furthermore, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase the market growth. In this region the United States has the maximum share due to supportive healthcare policies, the high number of patients, and a developed healthcare market. According to Centres for Disease Control and Prevention, Norovirus is the leading cause of vomiting and diarrhea from acute among people of all ages in the United States. It is estimated that 19 to 21 million cases of acute gastroenteritis are caused due to the virus and contribute to about 56,000 to 71,000 hospitalizations and 570 to 800 deaths, mostly among young children and the elderly. As per the statistics, the increasing patient pool and increasing disposable revenue in this country boost the market growth of the region.

Competitive Landscape

The IV Poles market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market 3M, Cardinal Health, medifa, Promotal, Alvo, Villard, Antano Group, Savion, Zakad Techniki Medycznej TECH-MED Sp. z o. o, and Besco Medical.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 3M
  • Alvo Medical
  • Antano Group
  • Besco Medical
  • Cardinal Health
  • Promotal SAS
  • MORE
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Prevalence of Diseases, such as Gastrointestinal Disorder, Neurological Diseases, Cancer
4.2.2 Increasing Geriatric Population
4.3 Market Restraints
4.3.1 Challenges Faced by The Conventional Poles
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 2 Hook Top
5.1.2 4 Hook Top
5.1.3 6 Hook Top
5.1.4 8 Hook Top
5.2 By Material
5.2.1 Stainless Steel
5.2.2 Chrome-Plated Steel
5.2.3 Other Materials
5.3 By End User
5.3.1 Hospitals and Clinics
5.3.2 Ambulatory Surgical Centers
5.3.3 Other End Users
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Rest of the World

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 3M
6.1.2 Cardinal Health
6.1.3 medifa-hesse GmbH & Co. KG
6.1.4 Promotal SAS
6.1.5 Villard Inc.
6.1.6 Antano Group
6.1.7 Savion LLC
6.1.8 Tech-Med Sp. o.o. Department of Medical Technology
6.1.9 Besco Medical
6.1.10 Alvo Medical

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown

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  • 3M
  • Cardinal Health
  • medifa-hesse GmbH & Co. KG
  • Promotal SAS
  • Villard Inc.
  • Antano Group
  • Savion LLC
  • Tech-Med Sp. o.o. Department of Medical Technology
  • Besco Medical
  • Alvo Medical
Note: Product cover images may vary from those shown

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