Global Peripheral Intravenous Catheter Market- Regional Analysis
Among region, North America is estimated to hold a dominant position in the global peripheral intravenous catheter market over the forecast period. North America is estimated to hold 33.5 % of the market share in 2023. The market is expected to witness significant growth in the near future due to high prevalence of orthopedic disorders and dysfunctions, favorable health reimbursement, etc. Increasing prevalence of neurological disorders is expected to drive the peripheral intravenous catheter market growth in North America region. For instance, in March 2021, according to the American Neurological Association (ANA) neurological diseases affected around 100 billion people in the U.S. This significant number of patients with one neurological disorder is expected to increase the number of neurosurgeries in the U.S This can boost demand for peripheral intravenous catheter in the U.S.
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