A stopcock is a type of medical device with a ball valve used in connection with intravenous administration. The flow of liquid is directed into the blood vessels by an intravenous stopper. Stop valves are of different types, such as burette stop valves, vacuum valves, and needle valves. This medical device is primarily designed to control gas or liquid flow with an on/off controller. Stopper clips are used in intravenous extensions to facilitate control of the fluid pathway during fluid or drug administration. However, access to the patient's intravenous line through an open faucet or multiple hubs can increase the risk of bacterial contamination and infection. Stopcocks have been used in infusion therapy for decades, but studies have confirmed concerns about the risk of intraluminal contamination and fluid flow dynamics associated with stopcocks.

Market Dynamics

Increasing practices of new products and mergers and acquisitions by key market players are expected to drive the global intravenous stopcock market growth. For instance, on February 3, 2023, an article published by the National Center for Biotechnology Information (NCBI) explained practice in the use of peripheral venous catheters. Peripheral intravenous catheters (PIVC) are the most commonly used invasive medical device in treatment, with an overall failure rate of 35-50%. Most complications are non-infectious, but local and bloodstream infections can occur. Although PIVC-related infections are rare, the total number of patients affected and the prevalence of Staphylococcus aureus as a related pathogen due to the frequent use of these devices are important reasons to implement preventive strategies. The purpose of this is to raise awareness that PIVC infections are a serious problem that can be reduced through policy changes.

Key features of the study:

• This report provides an in-depth analysis of the global intravenous stopcock market and provides market size (US$ 424.7 Mn) and compound annual growth rate (8.1%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global intravenous stopcock market based on the following parameters– company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Becton, Dickinson and Company, Global Medikit Limited, SCW Medicath Ltd., Fresenius Kabi AG, Smith’s Medical, Braun Medical Inc. , Terumo Medical Corporation, ARGON MEDICAL, Baxter, Bound Tree Medical, Mediprim, Neotec Medical Industries, ICU Medical.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global Intravenous Stopcock Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global intravenous stopcock market.

Detailed Segmentation:

• Global Intravenous Stopcock Market, By Type:
  • Four-way Stopcock
  • Three-way Stopcock
• Global Intravenous Stopcock Market, By Application:
  • Pressure Monitoring
  • Infusion Therapy
• Global Intravenous Stopcock Market, By End User:
  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Others
• Global Intravenous Stopcock Market, By Region:
  • North America
    
    • U.S.
    • Canada
  • Latin America
    
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    
    • South Africa
    • Central Africa
    • North Africa
• Company Profiles
  • Becton, Dickinson and Company
  • Global Medikit Limited
  • SCW Medicath Ltd.
  • Fresenius Kabi AG
  • Smith’s Medical
  • Braun Medical Inc.
  • Terumo Medical Corporation
  • ARGON MEDICAL
  • Baxter
  • Bound Tree Medical
  • Mediprim
  • Neotec Medical Industries
  • ICU Medical