IV Poles Market Insights, New Innovations, Research and Growth Factor till 2029

The IV poles market is projected to reach a value of US$ 306.1 Million by 2029, registering a 3.6% CAGR from 2022 to 2029. The market is expected to achieve an estimated worth of US$ 238.4 Million in 2022, driven by a surge in chronic illnesses, a rapid rise in the aging population, and an increase in hospital beds to cater to the growing number of patients. The global IV poles industry is also likely to benefit from the escalating healthcare expenditure during the forecast period.

The mounting number of hospitals globally, coupled with the burgeoning healthcare costs, has opened up new prospects for the IV poles sector. The surge in hospital beds has triggered an upswing in the application of IV poles for various purposes in hospitals and clinics, thereby propelling the growth of the IV poles market from 2022 to 2029.

Moreover, technological advancements, the prevalence of chronic diseases, and an emphasis on hospital infrastructure development are bolstering the adoption of IV poles, which is expected to fuel the global IV poles market. As per a recent survey by The American Hospital Association, the United States alone has 6,093 hospitals, including community hospitals, Federal Government Hospitals, Nonfederal Psychiatric Hospitals, and others. The rise in the number of hospitals is a global trend that will offer opportunities for IV poles manufacturers. All these factors are poised to benefit the target market during the forecast period.

Competitive Landscape 

3M Healthcare, Medline Industries Inc., Cardinal Health, Medline Industries, Centicare Corporation, AliMed Inc, Mid Central Medical, A.M.G. Medical Inc., and Drive DeVilbiss Healthcare among others are some of the major players in the IV poles market profiled in the full version of the report.

Leading market players are employing tactics like strategic alliances. These enterprises are focusing on agreements, and partnerships and utilizing technological advancements to enhance their market share.

Get More Insights@ https://www.futuremarketinsights.com/reports/iv-poles-market

IV Poles Market By Category

By Product:

  • 2 Hook Top
  • 4 Hook Top
  • 6 Hook Top
  • 8 Hook Top

By Material:

  • Stainless steel
  • Chrome Plated Steel
  • Others

By End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Nursing Homes
  • Long Term Care Centers
  • Homecare Settings

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