According to the recent study the IV pole market is projected to reach an estimated $321.3 million by 2028 from $259.1 million in 2023, at a CAGR of 4.4% from 2023 to 2028. Growth in this market is primarily driven by increasing number of chronic disease patients being diagnosed and treated, widespread adoption of these poles in hospitals and clinics, and expanding need for innovative healthcare infrastructure across the globe.
A more than 150–page
report is developed to understand trends, opportunities and forecast in IV pole
market by product (2 hook top, 4 hook top, 6 hook top, and 8 hook top),
material (stainless steel, chrome plated steel, and others), end use industry
(hospitals, clinics, ambulatory surgical centers, nursing homes, long term care
centers, and homecare settings), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
“Stainless steel market is expected to remain the largest segment
during the forecast period.”
Based on material, the
IV pole market is segmented into stainless steel, chrome plated steel, and
others. Lucintel forecasts that the stainless steel market is expected to
remain the largest segment due to owing to its benefits, such as heat and flame
resistance, attractive appearance, sustainability, easy availability, and
durability properties.
“Within the IV pole market, the hospital segment is expected to
remain the largest end use industry.”
Based on end use
industry the hospital segment is expected to witness the highest growth over
the forecast period due to the wide availability of IV poles in these
healthcare institutes and rising patient population being admitted to
hospitals.
“North America will dominate the IV pole market in near future.”
North America will
remain the largest region due to the continuous growth in geriatric population,
presence of key hospitals, and supportive government spending on healthcare
sector in the region.
Major players of IV pole
market are adopting various growth strategies like new product launches,
expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. 3M Healthcare, Medline
Industries, Cardinal Health, AliMed, and Centicare are among the major IV pole
providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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