NEEDLE-FREE IV CONNECTORS MARKET ANALYSIS

Regional Analysis

Needle-free IV Connectors Market - Regional Insights

North America is expected to account for the largest share in the global needle-free IV connectors market, followed by Europe. This is mainly attributed to rising geriatric population and chronic diseases in North America. For instance, according to the Centers for Disease Control and Prevention (CDC), 2016, about 50% of adults of the U.S., accounting around 117 million people suffered from one or more chronic health conditions and one in every four adults suffered from two or more chronic health conditions.

The factors driving the growth of the needle-free IV connectors market includes government investments and funding to improve healthcare infrastructure, awareness about use of needle-free IV connectors among people and healthcare practitioners. For instance, in 2013, the National Healthcare Safety Network (NHSN) and Center for Disease Control and Prevention (CDC) has set up the guidelines for the prevention of central-line associated bloodstream infections. Further, CDC carried out surveillance methods to identify and track device-associated infections occurring in healthcare settings.

Furthermore, according to the World Health Organization (WHO), in 2014, chronic diseases were the leading cause of mortality in Europe with over one-third of the Europe population above the age of 15 suffered with a chronic disease and two out of every three people of age group of 60 suffered from at least two chronic conditions.