Availability of upgraded IV poles with adjustable height and lengths is boosting their adoption among end users such as hospitals and clinics. The global IV poles market is projected for a steady growth outlook during 2019 – 2029, at 4% CAGR. Modifications in IV poles for surgical areas, intensive care units, magnetic resonance therapy and urology wards, colourful models for children’s ward are propelling revenues for the IV poles market. Moreover, technological modifications such as foldable IV stand available for patients who are travelling and IV poles that glow in the dark, are offering lucrative opportunities for IV poles market growth.
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IV Poles is an innovative innovation for various medical applications for healthcare management. IV poles play a very important role in transferring fluid or medical supplements in body after any illness in body, IV poles provide a proper height show that fluid which is deliver inside the body should go in proper flow and did not cause any reverse back flow, show that the fluid which present inside the body will come out and the fluid inside the body flow is maintain by flow pressure and flow speed. The IV poles are much more important after surgery or during surgery as fluid such as blood, liquid medicine and other fluid is required to retain body. IV poles help healthcare professional to manage and monitor patients, as IV poles come with various new technology advancement such as digital panel to monitor and provide input on fluid quantities and others input related to health managements. IV poles are much more affect then traditional wall mounted IV fluids, as IV poles have wheel and come with adjustable heights which help healthcare professional for movement of patients and other health managements.
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IV POLES MARKET TAXONOMY
The global IV poles market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
- 2 Hook Top
- 4 Hook Top
- 6 Hook Top
- 8 Hook Top
- Stainless Steel
- Chrome-Plated Steel
- Ambulatory Surgical Centers
- Nursing Homes
- Long-Term Care Centers
- Homecare Settings
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa (MEA)
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FREQUENTLY ASKED QUESTIONS ABOUT IV POLES MARKET
Will rise in number of hospital beds affects growth of the IV poles market?
In the past decade, there has been an upsurge in number of hospital beds and healthcare expenditure especially in emerging countries. This has resulted in increasing adoption of IV poles for various applications in hospitals and clinics, globally.
Which technological advancement propel the demand for IV poles in near future?
Advancements in technology have not only worked to advantage end user but also enabled the development of advanced IV poles. Availability of IV poles with better build in material such as chrome plated steel are creating growth opportunities for the market players in the near future. Also IV poles with antimicrobial protection coatings are available in the market.
Which end user segment manufacturers can target to gain significant market share?
Hospitals are expected to gain significant market share during the forecast period, which constitutes approximately one third of the total market share. Ambulatory surgical centers is expected to be the second most attractive segment owing to increase in the number of surgeries and increase in patient footfall.
Which region will offer more lucrative opportunities for IV poles market players?
The South Asia IV poles market is expected to show significant growth opportunities during the forecast period, owing to rising healthcare infrastructure in countries such as India and China.
Who are the major players contributing to the growth of IV poles market?
The IV poles market is consolidated by top three players namely, Medline Industries Inc., Cardinal Health, and 3M. These tier 1 players collectively account for more than half revenue share of the global IV poles market.
How the IV poles-associated complications hamper market growth?
High cost and corrosion of stainless steel are the major factors hampering the growth of the market. Stainless steel is the commonly used material for manufacturing of IV poles, but cost of stainless steel in the market is quite high as compared to others.