Global Needleless IV Connector market is expected to 1190 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/1/4

Needleless IV Connectors are utilized to connect catheters to syringes or IV systems and Needleless IV Connectors allow the easy administration of medicines as well as convenient withdrawal of blood intravenously.

In the next five years, the Global consumption of Needleless IV Connector will maintain about 12% annual growth rate.

The global average price of Needleless IV Connector is in the decreasing trend, from 1.52 USD/Unit in 2013 to 1.44 USD/Unit in 2017. With the situation of global economy and the developing of medical level, prices will be decreasing trend in the following five years.

North America is the largest consumption place, with a consumption market share about 36%. Following North America, Europe is the second largest consumption place with the consumption market share about 19% in 2017.

The global Needleless IV Connector market was 590 million US$ in 2017 and is expected to 1190 million US$ by the end of 2025, growing at a CAGR of 9.1% between 2018 and 2025.

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