Have a question?
Please get in touch with our team in case of any queries
THE GLOBAL IV CATHETERS MARKET IS EXPECTED TO REACH USD 6.63 BILLION BY 2029 FROM USD 4.93 BILLION IN 2023, GROWING AT A CAGR OF 5.04% DURING THE FORECAST PERIOD.
The IV Catheters Market Size, Share, & Trends Analysis Report by
- Product: Peripheral IV Catheters and Central IV Catheters
- Product- PIVCs: Short PIVCs and Midline PIVCs
- Technology – PIVCs: Conventional PIVCs and Safety PIVCs
- Product – CIVCs: Peripherally Inserted Central Catheters (PICCs), Central Venous Catheters (CVCs), and Implantable Ports
- Design – CIVCs: Single Lumen, Double Lumen, and Multi Lumen
- Usage – CIVCs: Acute Use and Intermediate & Long Use
- End-user: Hospitals, Ambulatory Surgical Settings, Homecare Settings, and Others
- Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2024–2029.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
GLOBAL IV CATHETERS MARKET REPORT SCOPE
REPORT ATTRIBUTE | DETAILS |
---|---|
Market Size (2029) | USD 6.63 Billion |
Market Size (2023) | USD 4.93 Billion |
CAGR (2023-2029) | 5.04% |
HISTORIC YEAR | 2020-2022 |
BASE YEAR | 2023 |
FORECAST YEAR | 2024-2029 |
SEGMENTS BY | Product, Product- PIVCs, Technology – PIVCs, Product – CIVCS, Design – CIVCS, Usage – CIVCS, End-user, and Geography |
GEOGRAPHICAL ANALYSIS | North America, Europe, APAC, Latin America, and Middle East & Africa |
KEY VENDORS | BD, B. Braun, Teleflex, Nipro Medical, Terumo, and ICU Medical |
MARKET OVERVIEW
The global IV catheters market size was valued at USD 4.93 billion in 2023 and is expected to reach USD 6.63 billion by 2029, growing at a CAGR of 5.04% during the forecast period. The global market is growing steadily owing to the rising hospitalization rates, increased prevalence of diseases among the target population, and chemotherapy procedures requiring IV catheters to deliver medication, nutrition, and fluids to patients. The global IV catheters market is influenced by the increase in hospitalizations and the prevalence of acute and chronic diseases among people. Other factors such as technological & material advancements, introduction of new products, well-developed healthcare infrastructure, extensive research & development activities, presence of leading key vendors, and government support also contribute to the growth of the global market.
MARKET TRENDS & DRIVERS
Technological Advancements in CIVCs
The global central IV catheter market is witnessing many technological innovations in tip design, material usage, delivery mechanism, and safety. Vendors offer advanced needles capable of withstanding high pressure and compatible with power injectable systems. They are also making design and material improvements in IV catheters to reduce the patient’s discomfort and bloodstream infection, which will likely propel the market growth during the forecast period.
Rising Demand For Multi-Lumen IV Catheters
Using multi-lumen central venous catheters provides many advantages for patients requiring frequent intravenous medications, blood product transfusions, laboratory tests, and parenteral nutrition. Using advanced technology multi-lumen catheters has reduced the risk of infections and benefited patients and end-users. Hence, vendors generally focus on offering CIVCs with multi-lumen access, increasing their demand in the global market. The rise in demand for multi-lumen CVCs has inspired many vendors to develop them to gain traction, improve sales volume profit margins, and extend their market presence. Vendors are offering multi-lumen catheters to increase efficiency, deliver multiple contents at a time to patients, and minimize catheter insertions. This increasing vendor offering for safe multi-lumen catheters has reduced the risk of infections and has been preferred by the end-users, which drives the global central IV catheter market.
SEGMENTATION INSIGHTS
INSIGHTS BY PRODUCT
The global IV catheters market by product is segmented into peripheral IV catheters and central IV catheters. The adoption of PIVCs is growing across the world due to the increasing hospital and intensive care admissions attributed to the rising aging population associated with various chronic and lifestyle diseases. Rising awareness about advanced visualization technologies that help properly insert PIVCs and reduce complications is a major contributor to adopting PIVCs. Furthermore, PIVCs are widely used in emergency services for extending support to patients with trauma or accidents. Technological advancements in intravenous catheters lead to the development of safety PIVCs, further boosting the growth of the PIVCs market. Such factors have helped the PIVCs segment to hold the most significant share of the global IV catheter market.
INSIGHTS BY PRODUCT- PIVCS
The global peripheral IV catheters market by product is segmented into short PIVCs and midline PIVCs. The short PIVCs are the most widely used medical devices across various healthcare settings. The insertion of short PIVCs is one of the most performed invasive techniques in acute care settings. Such factors have helped the short PIVCs to dominate the segmental share. However, the midline PIVCs segment is projected to grow with the fastest CAGR during the forecast period in the global PIVCs market. The major advantages of midline PIVCs include lower phlebitis rates than peripheral catheters and lower infection rates than central catheters. Midline catheters allow safe access without getting dislodged and provide a better option for physicians wanting to administer medications but not wanting to have extravasation occur.
INSIGHTS BY TECHNOLOGY – PIVCS
The global peripheral IV catheters market by technology is segmented into conventional PIVCs and safety PIVCs. The conventional PIVCs segment dominates the global PIVCs market and is expected to continue the trend during the forecast period. Conventional PIVCs are simple, inexpensive IV lines used for short-term intravenous therapy. These PIVCs allow safe infusion of medications, hydration fluids, blood products, and nutritional supplements. These devices help to provide treatments that cannot be administered or are less effective when given by alternative routes. Some drugs are better or more effective on intravenous administration owing to the drugs’ rapid onset or increased bioavailability. Such therapies have increased the demand for conventional PIVCs.
INSIGHTS BY PRODUCT – CIVCS
The peripherally inserted central catheter (PICC) product segment holds the most prominent share of the global central IV catheters market in 2023. The PICC segment market is growing faster due to the rising awareness regarding healthcare and increasing concern for needlestick injuries and rising bloodborne infections among users. The rise in the number of hospitalizations due to various reasons globally increases the demand for the PICC. Furthermore, the demand for PICCs is also increasing as they avoid needle stick injury and are used for long durations that avoid multiple pricks or insertions and site infections, with fewer chances of contamination as they are placed peripherally in the central vein. In addition, PICCs allow chemotherapy treatment for weeks to months and even for years. Therefore, they are preferred by the end-users and the patients for quality care.
INSIGHTS BY DESIGN – CIVCs
By design, the global central IV catheters market is segmented as single lumen, double lumen, and multi lumen. In 2023, the single lumen segment accounted for the largest market share. The market is growing steadily and will likely continue during the forecast period. The single lumen CIVCs provide single access to the central vein for intravenous therapy. Further, as these catheters provide single access, they are used only for infusion. The patients using CIVCs require frequent blood sampling as a part of their treatment. This increases needle usage for withdrawing blood samples, which results in increasing pain through needle prick. These single lumen catheters are useful for patients who require medical care for a short period and single intravenous fluids. The increasing number of chronic diseases and hospital admissions are expected to boost the demand for single-lumen catheters in the upcoming years. Moreover, the end-users prefer single lumen catheters for patients who require intravenous therapy for the short term, as they are single lumen, and only one fluid or drug can be infused using them.
INSIGHTS BY USAGE – CIVCS
The global central IV catheters market by usage is segmented into acute use and intermediate & long use. In 2023, acute use dominated the market share and is projected to grow significantly during the forecast period. The acute use market is growing at a faster rate due to the increasing hospital admissions for short-term medication. Vendors such as AngioDynamics, Teleflex, B. Braun Melsungen, Vygon, COOK MEDICAL, and other prominent vendors offer a wide range of CIVCs products for acute care. They also offer advanced CIVCs such as power injectable PICCs, reverse taper, and antimicrobial coated CIVCs, which are expected to drive the demand among end-users and further boost the CIVCs market during the forecast period in the global market.
INSIGHTS BY END-USER
The global IV catheters market by end-user is segmented into hospitals, ambulatory surgical settings, homecare settings, and others. The hospital segment is the major revenue contributor to the global market. All hospitals and clinics use IVCs to withdraw blood or fluid samples and administer drugs and chemotherapy. In recent years, the use of multi-lumen catheters in emergency and inpatient settings for blood collection through IV lines and drug administration has become popular due to the higher efficiency associated with these CIVCs. Further, the modification in the healthcare sector has initiated the use of a diverse range of central IV catheters, such as PICCs, CVCs, and implantable ports. The market is witnessing the growing adoption of advanced CIVCs to minimize the risk of infections. Central venous catheters such as PICCs are used for short-term, which helps reduce infection rate and needle prick injury. Using advanced and safe CIVCs ensures protection against microbes, thereby reducing the chances of infection.
GEOGRAPHICAL ANALYSIS
North America was the largest geographical segment of the global IV catheters market, with a share of over 33% in 2023. There has been a growing rate of infectious and chronic illnesses such as heart diseases, cancer, and others due to population growth, which, in turn, is increasing the need for PIVCs in the region. North America has advanced hospital infrastructure that focuses on avoiding risks of infection and cross-contamination by opting for PIVCs such as closed/integrated IV catheters and midline catheters. Further, there is high awareness regarding PIVCs and their associated complications, so the adoption of safety PIVCs is increasing rapidly in the region.
The IV catheters market in Europe is growing significantly and is expected to continue during the forecast period. The increasing incidence of chronic diseases such as cancer, coupled with improved healthcare infrastructure, is accelerating the demand for CIVCs. Moreover, the increasing awareness about the availability of advanced anti-infective and antimicrobial coated catheters for drug administration, nutrition, blood samples, and chemotherapy in Western European countries is also driving the growth of the CIVCs market in the region. Furthermore, the APAC is projected to witness the highest CAGR in the global IV catheters market during the forecast period. The healthcare system in APAC is undergoing a rapid transformation with favorable support from various government organizations. In APAC, China, Japan, India, South Korea, and Australia were the major revenue contributors to the IV catheter market. Although the penetration of advanced IV catheters in the region is much lower than that in the developed economies, the APAC region has immense growth potential for adopting and using these products during the forecast period.
VENDOR LANDSCAPE
With growing advancements and the need to reduce needlestick injuries, vendors are offering safety PIVCs and conventional PIVCs, competing based on cost, safety features, convenient use, marketing strategies, and distribution channels. The global IV catheter market vendors include BD, Smith Medical, Vygon, B. Braun Melsungen AG, Teleflex, Terumo, and Shanghai Puyi Medical Instruments. Further, though major players dominate the global IV catheters market, other players also focus on continuously developing low-cost and conventional PIVCs. In addition, a few regional companies are also coming into existence with innovative products and technologies. For instance, retrieving needles automatically after usage by retractable technologies is gaining traction among end-users.
Vendors, especially global players, are increasingly pursuing inorganic growth strategies such as acquisitions and strategic partnerships to expand their presence, enhance their product portfolio, and improve their expertise in the market. For instance, Smith’s Medical acquired Access Scientific, a broad-spectrum vascular access and infection prevention company that manufactures POWERWAND midline and extended dwell catheters.
Frequently Asked Questions
How big is the IV catheters market?
What is the projected growth rate of the global IV catheters market?
What are the rising trends in the IV catheter market?
Which region holds the most significant global IV catheters market share?
Who are the key players in the global IV catheters market?
The global IV catheters market size is expected to grow at a CAGR of approximately 5.04% from 2023 to 2029.
The following factors are likely to contribute to the growth of the global IV catheters market during the forecast period:
- Expanding Population with Chronic & Lifestyle Diseases
- Rise in Hospitalization Rate
- High Usage of CIVCs in Chemotherapy
Base Year: 2023
Forecast Year: 2024-2029
The report considers the present scenario of the global IV catheters market and its market dynamics for 2024−2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the industry. It also profiles and analyzes leading companies and several other prominent companies operating in the industry.
Key Company Profiles
- BD
- Business Overview
- Product Offerings
- B. Braun
- Teleflex
- Nipro Medical
- Terumo
- ICU Medical
Other Prominent Vendors
- Vygon
- Business Overview
- Product Offerings
- Shanghai Puyi Medical Instruments
- AngioDynamics
- Argon Medical Devices
- Deltamed
- Dukwoo Medical
- EXELINT International
- Greiner Bio-One International GmbH
- Healthline Medical Products
- Medical Components
- Medline Industries
- Medsource Labs
- Merit Medical Systems
- Qingdao Sinoland International Trade Co.
- Retractable Technologies
- SILMAG
- Lepu Medical
- Kimal
- Amecath Medical Technologies
- Bactiguard
- Vogt Medical
- Cook Medical
- Henan Tuoren Medical
- Troge Medical
- Guangdong Baihe Medical Technology
- Intra Special Catheters
- Biosensors
Segmentation by Product
- Peripheral IV Catheters
- Central IV Catheters
Segmentation by Product- PIVCs
- Short PIVCs
- Midline PIVCs
Segmentation by Technology - PIVCs
- Conventional PIVCs
- Safety PIVCs
Segmentation by Product – CIVCs
- Peripherally Inserted Central Catheter (PICC)
- Central Venous Catheters (CVCs)
- Implantable Ports
Segmentation by Design – CIVCs
- Single Lumen
- Double Lumen
- Multi Lumen
Segmentation by Usage – CIVCs
- Acute Use
- Intermediate & Long Use
Segmentation by End-user
- Hospitals
- Ambulatory Surgical Settings
- Homecare Settings
- Others
Segmentation by Geography
- North AmericaUS
- Canada
- EuropeGermany
- UK
- France
- Italy
- Spain
- APACChina
- Japan
- India
- Latin AmericaBrazil
- Mexico
- Argentina
- Middle East & AfricaTurkey
- South Africa
- Saudi Arabia
Exhibit 1: Projected Revenues of IV Catheters in Global (2020 – 2029; $ Mn)
Exhibit 2: Market Size & Forecast – PIVCs (2020 – 2029; $ Mn)
Exhibit 3: Market Size & Forecast – Short-line PIVCs (2020 – 2029; $ Mn)
Exhibit 4: Market Size & Forecast – Midline PIVCs (2020 – 2029; $ Mn)
Exhibit 5: Market Size & Forecast – Conventional PIVCs (2020 – 2029; $ Mn)
Exhibit 6: Market Size & Forecast – Safety PIVCs (2020 – 2029; $ Mn)
Exhibit 7: Market Size & Forecast - CIVCs (2020 – 2029; $ Mn)
Exhibit 8: Market Size & Forecast – PICCs (2020 – 2029; $ Mn)
Exhibit 9: Market Size & Forecast – CVCs (2020 – 2029; $ Mn)
Exhibit 10: Market Size & Forecast – Implantable Ports (2020 – 2029; $ Mn)
Exhibit 11: Market Size & Forecast – Single Lumen (2020 – 2029; $ Mn)
Exhibit 12: Market Size & Forecast – Double Lumens (2020 – 2029; $ Mn)
Exhibit 13: Market Size & Forecast – Multi Lumens (2020 – 2029; $ Mn)
Exhibit 14: Market Size & Forecast – Short Uses (2020 – 2029; $ Mn)
Exhibit 15: Market Size & Forecast – Intermediate & Long Uses (2020 – 2029; $ Mn)
Exhibit 16: Market Size & Forecast - Hospitals (2020 – 2029; $ Mn)
Exhibit 17: Market Size & Forecast - ASCs (2020 – 2029; $ Mn)
Exhibit 18: Market Size & Forecast – Homecare Settings (2020 – 2029; $ Mn)
Exhibit 19: Market Size & Forecast - Others (2020 – 2029; $ Mn)
Exhibit 20: Projected Revenues of IV Catheters in North America (2020 – 2029; $ Mn)
Exhibit 21: Projected Revenues of IV Catheters in US (2020 – 2029; $ Mn)
Exhibit 22: Projected Revenues of IV Catheters in Canada (2020 – 2029; $ Mn)
Exhibit 23: Projected Revenues of IV Catheters in Europe (2020 – 2029; $ Mn)
Exhibit 24: Projected Revenues of IV Catheters in Germany (2020 – 2029; $ Mn)
Exhibit 25: Projected Revenues of IV Catheters in UK (2020 – 2029; $ Mn)
Exhibit 26: Projected Revenues of IV Catheters in France (2020 – 2029; $ Mn)
Exhibit 27: Projected Revenues of IV Catheters in Italy (2020 – 2029; $ Mn)
Exhibit 28: Projected Revenues of IV Catheters in Spain (2020 – 2029; $ Mn)
Exhibit 29: Projected Revenues of IV Catheters in APAC (2020 – 2029; $ Mn)
Exhibit 30: Projected Revenues of IV Catheters in Japan (2020 – 2029; $ Mn)
Exhibit 31: Projected Revenues of IV Catheters in China (2020 – 2029; $ Mn)
Exhibit 32: Projected Revenues of IV Catheters in India (2020 – 2029; $ Mn)
Exhibit 33: Projected Revenues of IV Catheters in Latin America (2020 – 2029; $ Mn)
Exhibit 34: Projected Revenues of IV Catheters in Brazil (2020 – 2029; $ Mn)
Exhibit 35: Projected Revenues of IV Catheters in Mexico (2020 – 2029; $ Mn)
Exhibit 36: Projected Revenues of IV Catheters in Argentina (2020 – 2029; $ Mn)
Exhibit 37: Projected Revenues of IV Catheters in Middle East & Africa (2020 – 2029; $ Mn)
Exhibit 38: Projected Revenues of IV Catheters in Turkey (2020 – 2029; $ Mn)
Exhibit 39: Projected Revenues of IV Catheters in South Africa (2020 – 2029; $ Mn)
Exhibit 40: Projected Revenues of IV Catheters in Saudi Arabia (2020 – 2029; $ Mn)
LIST OF TABLES
Table 1: Key Market Trends in IV Catheters Market
Table 2: Key Market Enablers in IV Catheters Market
Table 3: Key Market Constraints in IV Catheters Market
Table 4: Strategic Recommendations in IV Catheters Market
CHAPTER – 1: IV Catheters Market Overview
• Executive Summary
• Key Findings
CHAPTER – 2: IV Catheters Market
• GLOBAL: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
CHAPTER – 3: IV Catheters Market Segmentation Data
• GLOBAL: Projected Revenue by Product type (2020-2029; $Millions)
• Peripheral IV Catheters
• Product Type
• Short PIVCs
• Midline PIVCs
• Technology
• Conventional PIVCs
• Safety PIVCs
• Central IV Catheters
• Product Type
• Peripheral inserted central catheter (PICCs)
• Central venous catheters (CVCs)
• Implantable Ports
• Design
• Single Lumen
• Double Lumen
• Multi Lumen
• Usage
• Acute Use
• Intermediate & Long Use
• GLOBAL: Projected Revenue by End-users (2023-2029; $Millions)
• Hospitals
• Ambulatory Surgical Centers
• Home Healthcare Settings
• Others
CHAPTER – 4: Key Regions Overview
• North America: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
• Projected Revenue of IV Catheters Market in US
• Projected Revenue of IV Catheters Market in Canada
• Europe: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
• Projected Revenue of IV Catheters Market in Germany
• Projected Revenue of IV Catheters Market in UK
• Projected Revenue of IV Catheters Market in France
• Projected Revenue of IV Catheters Market in Italy
• Projected Revenue of IV Catheters Market in Spain
• APAC: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
• Projected Revenue of IV Catheters Market in China
• Projected Revenue of IV Catheters Market in Japan
• Projected Revenue of IV Catheters Market in India
• Latin America: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
• Projected Revenue of IV Catheters Market in Brazil
• Projected Revenue of IV Catheters Market in Mexico
• Projected Revenue of IV Catheters Market in Argentina
• Middle East & Africa: Projected Revenue of IV Catheters Market (2020-2029; $Millions)
• Projected Revenue of IV Catheters Market in Turkey
• Projected Revenue of IV Catheters Market in South Africa
• Projected Revenue of IV Catheters Market in Saudi Arabia
CHAPTER – 5: IV Catheters Market Prospects & Opportunities
• IV Catheters Market Opportunities & Trends
• IV Catheters Market Drivers
• IV Catheters Market Constraints
CHAPTER – 6: IV Catheters Industry Overview
• IV Catheters Market - Competitive Landscape
• IV Catheters Market – Key Vendor Profiles
• IV Catheters Market – Other Prominent Vendors
• IV Catheters Market - Key Strategic Recommendations
CHAPTER – 7: Appendix
• Research Methodology
• Abbreviations
• About Arizton
Select a license type that suits your business needs
Single User Licence
- Report accessible by one user only
- Free 10% or 3 days of customization
- Free post-sale service assistance
- Continuous support through email
5 User Licence
- Report accessible by 5 users within the organization
- Free 15% or 4.5 days of customization
- Continuous support through email and telephone
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Corporate Licence
- Free Datasheet worth $1500
- Report accessible by the entire organization
- Free 20% or 6 days of customization
- Free post-sale service assistance
- Continuous support through email and telephone
- Direct access to lead analysts
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Datasheet Licence
- Report accessible by 1 user only
- Free 15% or 32 hours of customization
- Free post-sale service assistance
- Direct access to lead analysts
Frequently Asked Questions
How big is the IV catheters market?
What is the projected growth rate of the global IV catheters market?
What are the rising trends in the IV catheter market?
Which region holds the most significant global IV catheters market share?
Who are the key players in the global IV catheters market?