Product Code: ETC8848407 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The peripheral intravenous catheters market in the Philippines is expanding due to the increasing number of hospital admissions, rising surgical procedures, and the growing need for intravenous therapy. The market is witnessing a shift towards safety-engineered catheters to reduce the risk of needlestick injuries and infections. Government initiatives promoting improved patient care and infection control are supporting market growth. However, issues such as catheter-related bloodstream infections (CRBSIs) and pricing pressure from local manufacturers may impact market dynamics.
The Philippines Peripheral Intravenous Catheters Market benefits from the growing number of medical procedures requiring intravenous access, such as surgeries, chemotherapy, and fluid administration. The demand for these catheters is further boosted by the increasing number of patients with chronic conditions, such as diabetes, cancer, and cardiovascular diseases. Additionally, the shift towards outpatient care and home healthcare settings has further expanded the use of peripheral intravenous catheters, as they are ideal for short-term, less invasive treatments.
The Peripheral Intravenous Catheters Market in the Philippines is constrained by issues such as the limited availability of high-quality catheters in rural areas. Although the demand for intravenous therapy is high, the market is still grappling with the lack of sufficient healthcare infrastructure in some regions. Furthermore, there is a rising concern regarding the safety of intravenous catheters, particularly with the increasing incidences of needle-stick injuries, leading to more stringent regulations. Additionally, the market faces pressure from the high cost of advanced safety-engineered catheters, which many healthcare providers cannot afford, limiting the markets expansion.
With the growing demand for intravenous therapy across hospitals and outpatient facilities, there is a strong investment opportunity in the peripheral intravenous catheter market. Key investment areas include the development and distribution of advanced, safety-engineered catheters to prevent needle-stick injuries. Local manufacturing and partnerships with public and private healthcare providers to supply IV catheters can also be lucrative. Additionally, investments in e-commerce platforms for medical supplies could capture the growing demand for home healthcare solutions.
The Department of Health (DOH) has implemented infection control policies that emphasize the use of high-quality intravenous catheters to reduce hospital-acquired infections. The government supports public hospitals in acquiring medical supplies, including peripheral IV catheters, through bulk procurement programs. However, pricing regulations and budget constraints in public healthcare settings often lead to the use of cost-effective alternatives over premium-quality catheters.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Peripheral Intravenous Catheters Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Peripheral Intravenous Catheters Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Peripheral Intravenous Catheters Market - Industry Life Cycle |
3.4 Philippines Peripheral Intravenous Catheters Market - Porter's Five Forces |
3.5 Philippines Peripheral Intravenous Catheters Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Peripheral Intravenous Catheters Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Peripheral Intravenous Catheters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Peripheral Intravenous Catheters Market Trends |
6 Philippines Peripheral Intravenous Catheters Market, By Types |
6.1 Philippines Peripheral Intravenous Catheters Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Peripheral Intravenous Catheters Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Peripheral Intravenous Catheters Market Revenues & Volume, By Integrated/Closed catheters, 2021- 2031F |
6.1.4 Philippines Peripheral Intravenous Catheters Market Revenues & Volume, By Peripheral insertion catheters, 2021- 2031F |
6.2 Philippines Peripheral Intravenous Catheters Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Philippines Peripheral Intravenous Catheters Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Philippines Peripheral Intravenous Catheters Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.2.4 Philippines Peripheral Intravenous Catheters Market Revenues & Volume, By Other End Users, 2021- 2031F |
7 Philippines Peripheral Intravenous Catheters Market Import-Export Trade Statistics |
7.1 Philippines Peripheral Intravenous Catheters Market Export to Major Countries |
7.2 Philippines Peripheral Intravenous Catheters Market Imports from Major Countries |
8 Philippines Peripheral Intravenous Catheters Market Key Performance Indicators |
9 Philippines Peripheral Intravenous Catheters Market - Opportunity Assessment |
9.1 Philippines Peripheral Intravenous Catheters Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Peripheral Intravenous Catheters Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Peripheral Intravenous Catheters Market - Competitive Landscape |
10.1 Philippines Peripheral Intravenous Catheters Market Revenue Share, By Companies, 2024 |
10.2 Philippines Peripheral Intravenous Catheters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |