Global IV Catheters Market - Focused Insights 2024-2029

Global IV Catheters Market - Focused Insights 2024-2029


The global IV catheters market was valued at USD 4.93 billion in 2023 and is expected to grow at a CAGR of 5.04% during the forecast period.

MARKET DRIVERS

Expanding Population with Chronic & Lifestyle Diseases: Global population aging is evident, with nearly every country witnessing an increase in the proportion and size of the older demographic. The surge in the elderly population and the prevalence of chronic diseases is linked to unhealthy lifestyles and the extended average life expectancy globally. The continuous growth in individuals with chronic conditions and the rapidly expanding elderly population are the primary factors fueling the global demand for peripheral IV catheters.

Rise in Hospitalization Rate: Patients worldwide receive intravenous drugs and components, propelling the PIVCs market globally. Nearly all hospitalized patients undergo at least one peripheral intravenous catheter insertion, establishing them as widely used vascular devices for delivering medication, nutrients, and fluids. The primary driver for PIVC adoption is the rising incidence of chronic diseases in the elderly, leading to hospital admissions.

High Usage of CIVCs in Chemotherapy: Cancer, a chronic disease, necessitates regular drug and radiation therapy. Chemotherapy is often safely administered via a standard IV line, and infusions require a central line catheter, like PICC, CVC, or implantable port. CVCs take precedence due to the limited safety of PIVCs for a few weeks, while CVCs are used for months or years until treatment concludes. To minimize infection risks and minimize cell and tissue damage, CIVCs are generally preferred over PIVCs.

GLOBAL IV CATHETERS MARKET HIGHLIGHTS
  • The PIVCs product segment will hold the most significant global IV catheter market share in 2023. 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 significantly contributes to adopting PIVCs.
  • The Short PIVCs product segment had the highest peripheral IV catheter market size in 2023. 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. The use of short PIVCs is widespread among oncology patients, particularly in patients receiving IV medications in either inpatient or home care settings.
  • The conventional PIVCs technology segment accounted for a significant share of the global peripheral intravenous catheters market. 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.
  • The peripheral inserted central catheters (PICCs) product segment accounted for the highest market share of over 45% of the global CIVCs market. The 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.
  • The multi-lumen design segment is growing at the highest CAGR of 6.55% from 2024 to 2029 in the global CIVCs market. The multi-lumen CIVCs provide multiple access to the central vein for intravenous therapy. The market is growing faster as they facilitate multiple channels to administer many drugs and minimize the frequency of catheter insertions in patients. This advantage is driving the usage of multi-lumen catheters among the end-users.
GEOGRAPHICAL INSIGHTS
  • The U.S. accounted for a revenue share of over 92% of the North American IV catheters market. The rising elderly population with chronic illnesses, growing hospitalization rates, increased need for IV catheters for ICU and emergency patients, demand for advanced safety catheters, rising healthcare expenditures, higher accessibility to advanced healthcare, and health coverage have contributed to the growth of the PIVCs market in the U.S.
  • Italy is growing significantly in the European IV catheter market, with the fastest CAGR of 6.16% from 2024 – 2029. It is observed that there is an overuse of the emergency department by the pediatric population in developing countries such as Italy as well as worldwide. This phenomenon of overusing the emergency department is leading to increasing demand for advanced CIVCs to provide nutrients and drugs to the patients in the emergency care units.
  • India is the fastest-growing region in the APAC IV catheter market, with a CAGR of 6.06%. Various chronic diseases are fueling the hospitalization rates among the Indian population. These include cardiovascular diseases, stroke, respiratory diseases, tuberculosis, COPD, diabetes, Alzheimer’s disease, dementia, malaria, and others.
  • The IV catheters market in Brazil is one of the fastest-growing markets among all emerging economies and the largest in Latin America. The market is witnessing growth, mainly due to increased self-, government, and private expenditures in healthcare. On average, 50% of Brazil’s expenditure is financed by the government, 25% by private players, and 25% by individuals/patients.
VENDOR LANDSCAPE

The global IV catheters market report contains exclusive data on 33 vendors. BD, B Braun, Terumo, Teleflex, ICU Medical, and Nipro Medical are some leading players currently dominating the global IV catheters market. The major players focus on strategic acquisitions and collaborations with emerging players to enter the IV catheters market and gain access to commercially launched products.

REPORT HIGHLIGHTS

SEGMENTATION & FORECAST
  • Product
  • Peripheral IV Catheters
  • Central IV Catheters
  • Product- PIVCs
  • Short PIVCs
  • Midline PIVCs
  • Technology - PIVCs
  • Conventional PIVCs
  • Safety PIVCs
  • Product – CIVCs
  • Peripherally Inserted Central Catheter (PICC)
  • Central Venous Catheters (CVCs)
  • Implantable Ports
  • Design – CIVCs
  • Single Lumen
  • Double Lumen
  • Multi Lumen
  • Usage – CIVCs
  • Acute Use
  • Intermediate & Long Use
  • End-user
  • Hospitals
  • Ambulatory Surgical Settings
  • Homecare Settings
  • Others
VENDORS LIST

Key Vendors
  • B.D.
  • B Braun
  • Teleflex
  • Nipro Medical
  • Terumo
  • ICU Medical
Other Prominent Vendors
  • Vygon
  • 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
KEY QUESTIONS ANSWERED:

1. How big is the global IV catheter market?

2. What is the projected growth rate of the global IV catheter market?

3. Which region holds the most significant global IV catheter market share?

4. What are the drivers in the global IV catheters market?

5. Who are the key players in the global 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
LIST OF EXHIBITS
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

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