Intravenous Equipment Market Size is projected to achieve a value of USD 23.12 Billion in 2024, with a linear behavior in the market growth it is forecasted to achieve a value of USD 36.68 Billion by 2033 with a CAGR of 6.22% during the forecast period 2024-2033.
We Market Research
term intravenous (IV) equipment describes the instruments and devices used to
inject drugs, nutrients, or fluids straight into a patient's vein. Usually, it
consists of things like tubing, IV catheters, infusion pumps, and solution
containers. The accurate delivery of drugs into the bloodstream made possible
by IV equipment enables quick absorption and distribution throughout the body.
This technique is essential for emergency care, hydration, medicine
administration, chemotherapy, and other medical contexts as it provides a quick
and effective means of putting essential medications straight into the
Intravenous Equipment Market is expanding due to a number of factors. The
precision and comfort of patients receiving intravenous therapy are greatly
improved by technological developments in infusion pumps, catheters, and
accessories. The need for IV equipment is driven by an older population that is
more susceptible to illness and by a rise in chronic conditions that
necessitate ongoing medication administration. Additionally, the rising
incidence of diseases like diabetes and cancer promotes market growth. A
constant upward trend in the use and development of intravenous equipment is
shown by the market's other propelling factors, which also include the increase
in surgical procedures, emergency care needs, and the uptake of home
Market Size in 2024
Market Forecast in 2033
CAGR % 2024-2033
The growth in
the number of surgical procedures, both in hospitals and outpatient settings,
contributes to the demand for intravenous equipment.
Growing awareness of the importance of infection control and patient safety has led to the development of IV equipment with enhanced safety features, such as closed-system catheters and needleless connectors.
Ongoing advancements in healthcare technology, including improvements in IV catheters, infusion pumps, and accessories, contribute to the overall growth of the IV equipment market.
Production, Consumption, company share,
company heatmap, company production capacity, growth factors and more
By Type, By
End-User and By Region
North America, Europe, APAC, South
America and Middle East and Africa
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
Intravenous Equipment Industry: Drivers &
Number of Surgical Procedures - The
rise in surgical procedures is an immediate factor in of the requirement for intravenous
equipment. During surgical operations, pre-operative hydration, the
administration of anesthesia, and intravenous therapy for post-operative pain
control are usually required. The variety and complexity of surgical procedures
increase the need for precise fluid control and medicine delivery, which
improves the use of infusion pumps, catheters, and other IV equipment. Due to
this increase in surgical activity in various medical disciplines, including
orthopedics, cancer, and cardiovascular procedures, there is a direct
correlation between the expanding number of surgeries and the growing demand
for IV instruments and devices.
advancements in IV equipment - The
Intravenous Equipment Market is driven by technological improvements that improve
patient experience, safety, and precision. The precision of drug delivery is
improved by advancements in infusion pumps, smart catheters, and monitoring
systems, which guarantee ideal dosage and lower errors. Even in home healthcare
settings, gadget use is enhanced by portability and miniaturization, providing
more versatile treatment alternatives. By integrating with digital platforms,
patient care can be optimized through remote monitoring and customized therapy.
In addition to streamlining healthcare delivery, these developments also boost
user confidence, encouraging the usage of cutting-edge IV equipment and
propelling market expansion as healthcare professionals look for more
patient-centered, patient-safe, and efficient solutions.
Regarding Infections - The Intravenous Equipment
Market is severely constrained by concerns about infections. Bloodstream
infections caused by catheters are still a serious problem, necessitating
strict infection control procedures and closer examination of the sterility of
medical equipment. Healthcare practitioners place a high priority on infection
control measures, which has raised the need for sterile procedures during
device insertion and specific catheters coated with antibiotics. To address
these issues and reduce the risk of infection, materials and design innovation
must be ongoing. Furthermore, as healthcare institutions prioritize
infection-resistant intravenous equipment to maintain patient safety and
prevent healthcare-associated infections, strict adherence to best practices
and standards becomes critical, impacting purchase decisions and influencing
Intravenous Equipment Segmentation
Market- By Type Analysis
By Type, the Intravenous Equipment Market is Categories into Securement Device, IV Tubing Sets, IV Fluids, IV Pumps, IV Catheters, Cannula, Stopcock, Needless Connector, Drip chamber, Hypodermic needles, Tourniquet, Other. The IV Catheters segment accounts for the largest share of around 44% in 2022. This is because hospitals and clinics are using IV catheters more frequently to administer blood products, drugs, and fluids.
following segments are part of an in-depth analysis of the global Intravenous
Home Care Settings
Intravenous Equipment Industry: Regional Analysis
North America Market Forecast
North America dominate the Intravenous Equipment Market with the highest revenue generating market with share of more than 47%. North America has a strong healthcare system that emphasizes cutting-edge technology. Market expansion is fueled by advances in IV equipment, including as integrated systems and smart pumps.
Europe Market Statistics
is the second-largest market for Intravenous Equipment. The rapid aging of
Europe's population is driving up the need for IV therapy to address ailments
associated with advancing age. Modifications to healthcare regulations also
impact the use of advanced IV technology, particularly in countries such as
Germany, France, and the UK.
Asia Pacific Market Forecasts
Pacific is expected to be the fastest-growing market for Intravenous Equipment
during the forecast period. Market expansion is fueled by rising disposable
incomes and government initiatives to upgrade the healthcare system. Furthermore,
an increasing population and urbanization increase the need for better
healthcare facilities, particularly IV equipment.
Key Market Players
Intravenous Equipment Market is dominated by a few large companies, such as
Apria Healthcare Group,
Earth Science Tech
American Regent, Inc.
Baxter International Inc.
Becton, Dickinson and
B. Braun Melsungen AG
ICU Medical, Inc.
Baxter International Inc.
Fresenius Kabi AG
May 2019, B.Braun Medical
declared that it plans to invest in the creation of cutting-edge IV infusion
production facilities, which will make the frequent use of essential
intravenous fluids by medical professionals safer and more effective.
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Intravenous Equipment Market was valued at USD 21.23 Billion in 2022.
Intravenous Equipment Market size will increase at approximate CAGR of 6.22% during the forecasted period.
Major companies operating within the Intravenous Equipment Market are Hospira, Inc., Nipro Corporation, Apria Healthcare Group, Inc., Earth Science Tech, American Regent, Inc., Baxter International Inc., Becton, Dickinson and Company, B. Braun, Melsungen AG, Smiths Medical, ICU Medical, Inc., Baxter International Inc., Fresenius Kabi AG and Other.
North America dominates the market with an active share of 47%.
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