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Add to CartGlobal Intravenous Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
IV Catheters, Infusion Pumps, Securement Devices, Administration Sets, Drip Chambers, and Others.By End-User;
Hospitals, Ambulatory Surgical Centers, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Intravenous Equipment Market (USD Million), 2021 - 2031
In the year 2024, the Global Intravenous Equipment Market was valued at USD 8,523.30 million. The size of this market is expected to increase to USD 12,235.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.
The Global Intravenous (IV) Equipment Market has seen significant growth, driven by the increasing demand for intravenous treatments across various medical fields. IV equipment includes infusion pumps, catheters, syringes, IV sets, and other accessories that are essential for delivering fluids, nutrients, medications, and blood products directly into the bloodstream. The primary driver for market growth is the rising prevalence of chronic diseases, such as diabetes, cancer, and cardiovascular conditions, which require frequent intravenous therapies. Furthermore, the growing number of surgical procedures and critical care treatments, particularly in hospitals and ambulatory care settings, has led to a higher demand for these products. With continuous advancements in medical technology, the market is also witnessing an increase in the adoption of more sophisticated, automated, and patient-friendly IV devices.
The market is segmented by product type, with key segments including infusion pumps, IV sets, and IV catheters. Infusion pumps, which are used to control the flow of fluids and medications, are particularly in demand due to their precision in dosing, especially in critical care settings. IV sets and catheters, which are used to establish the connection between the patient and the intravenous system, are fundamental to most procedures involving IV therapies. These devices are increasingly being used in outpatient care, hospitals, and home healthcare settings. The home healthcare market, in particular, is seeing growth as patients requiring long-term intravenous therapy or nutritional support prefer to receive treatment in the comfort of their homes, contributing to the demand for portable and easy-to-use IV devices.
Geographically, the Global Intravenous Equipment Market is dominated by North America, particularly the United States, where the healthcare infrastructure is highly advanced, and the demand for intravenous treatments is extensive. The U.S. market is supported by a large aging population, high rates of chronic disease, and a strong presence of key market players. Europe follows closely, driven by the aging population and the high adoption of advanced medical technologies. The Asia-Pacific region is expected to exhibit the fastest growth in the coming years, fueled by increasing healthcare investments, rising disease incidence, and expanding access to healthcare in countries like China and India. This region's growth presents significant opportunities, especially as the demand for intravenous treatments rises in both urban and rural healthcare settings.
Global Intravenous Equipment Market Recent Developments
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In May 2019, B.Braun Medical announced that it intends to invest in the development of advanced IV infusion production facilities, which will make vital intravenous fluids safer and more productive when used by medical professionals on a regular basis.
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In October 2017, PZifer Hospira Infusion System has been taken over by ICU Medical Inc. By collaborating with Pzifer, ICU Medical has expanded its product range for intravenous therapy.
Segment Analysis
The Global Intravenous Equipment Market has been segmented by Type, End-User and Geography, demand for intravenous therapies in the treatment of various medical conditions, such as dehydration, infections, cancer, and chronic diseases. IV equipment, including infusion pumps, catheters, syringes, and intravenous sets, plays a crucial role in ensuring accurate and efficient drug delivery, fluid administration, and nutritional support for patients. The market is segmented by type, with infusion pumps, IV sets, and IV catheters being the primary product categories. Infusion pumps, which are used to administer controlled amounts of medication, have become a vital part of medical practices, especially in hospitals and intensive care units (ICUs), where precise dosing is critical for patient care. As healthcare needs evolve, the demand for more advanced and automated intravenous devices continues to rise.
In terms of end-users, the Global Intravenous Equipment Market is primarily segmented into hospitals, clinics, ambulatory surgical centers, and home healthcare settings. Hospitals are the largest end-user segment, given the high volume of patients requiring intravenous treatments in emergency rooms, ICUs, and outpatient care. The rising number of surgical procedures, critical care treatments, and cancer therapies in hospitals contributes to the substantial demand for IV equipment. Additionally, the adoption of ambulatory surgical centers (ASCs) is increasing, as these centers offer cost-effective and efficient outpatient care for various treatments, further driving the demand for intravenous devices. The growing trend of home healthcare, particularly for patients who require long-term IV therapy or nutritional support, is also expected to drive market growth, with patients seeking portable and easy-to-use IV devices.
Geographically, the Global Intravenous Equipment Market is seeing the most significant demand in North America and Europe, where the healthcare infrastructure is well-established, and the adoption of advanced medical technologies is high. The United States, in particular, has a large healthcare market with high demand for intravenous treatments, driven by the prevalence of chronic diseases, cancer, and an aging population. In Europe, countries like Germany, the UK, and France are witnessing increased usage of IV equipment in hospitals and outpatient settings. The Asia-Pacific region is expected to experience rapid growth, driven by improving healthcare infrastructure, an expanding patient base, and rising healthcare awareness. As healthcare access improves in emerging economies such as China and India, the demand for intravenous equipment is projected to increase, making the Asia-Pacific region a key growth area for the market.
Global Intravenous Equipment Segment Analysis
In this report, the Global Intravenous Equipment Market has been segmented by Type, End-User and Geography.
Global Intravenous Equipment Market, Segmentation by Type
The Global Intravenous Equipment Market has been segmented by Type into IV Catheters, Infusion Pumps, Securement Devices, Administration Sets, Drip Chambers and Others.
The segmentation includes a diverse array of intravenous equipment, catering to the different stages and aspects of IV therapy delivery. Key segments within this categorization encompass IV Catheters, Infusion Pumps, Securement Devices, Administration Sets, Drip Chambers, and Others. Each type plays a crucial role in ensuring the safe and efficient administration of fluids, medications, and blood products to patients, both in hospital settings and during home healthcare.
IV Catheters serve as the primary means of accessing the bloodstream for the infusion of fluids and medications. Infusion Pumps play a vital role in delivering precise volumes of fluids or medications at controlled rates, ensuring accurate dosing and patient safety. Securement Devices help to stabilize IV catheters and prevent dislodgement or movement, minimizing the risk of complications such as infiltration or infection. Administration Sets facilitate the connection between IV catheters or infusion pumps and fluid containers, allowing for the controlled flow of fluids into the patient's bloodstream. Drip Chambers provide a visual indication of the flow rate and volume of fluids being administered, enhancing monitoring and accuracy during IV therapy. The segmentation into these categories provides valuable insights into the diverse range of intravenous equipment available, enabling healthcare providers and stakeholders to make informed decisions regarding the selection and utilization of IV therapy devices in various clinical settings.
Global Intravenous Equipment Market, Segmentation by End-User
The Global Intravenous Equipment Market has been segmented by End-User into Hospitals, Ambulatory Surgical Centers and Others.
The segmentation includes key end-user categories such as Hospitals, Ambulatory Surgical Centers, and Others. Each of these segments represents distinct healthcare environments where IV therapy plays a crucial role in patient care and treatment. Hospitals stand as the primary end-user segment for intravenous equipment, given their role as comprehensive healthcare facilities equipped to handle a wide range of medical conditions and procedures. Within hospital settings, IV therapy is utilized across various departments and units, including emergency rooms, intensive care units, surgical suites, and general wards, to address diverse patient needs ranging from hydration and medication administration to surgical procedures and critical care management.
Ambulatory Surgical Centers (ASCs) represent another significant end-user category in the global intravenous equipment market. These facilities specialize in providing same-day surgical procedures and outpatient treatments, offering a more streamlined and efficient alternative to traditional hospital-based care. IV therapy plays a vital role in ASCs for pre-operative preparation, intra-operative support, and post-operative recovery, ensuring optimal patient outcomes and satisfaction.
The "Others" category within the end-user segmentation encompasses additional healthcare settings such as clinics, home healthcare settings, long-term care facilities, and infusion centers where IV therapy may be administered. By segmenting the market based on end-users, this report provides valuable insights into the diverse utilization of intravenous equipment across different healthcare settings, enabling stakeholders to tailor their strategies and offerings to meet the specific needs of each segment.
Global Intravenous Equipment Market, Segmentation by Geography
In this report, the Global Intravenous Equipment Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Intravenous Equipment Market Share (%), by Geographical Region, 2024
The Global Intravenous Equipment Market is significantly dominated by North America, which holds the largest market share due to its advanced healthcare infrastructure, high adoption of medical technologies, and extensive use of intravenous treatments in hospitals, clinics, and outpatient care facilities. The United States is the largest contributor to the market, owing to the prevalence of chronic diseases such as diabetes, cancer, and cardiovascular diseases, which require regular intravenous therapy. Additionally, the strong presence of key market players in the region, along with continuous advancements in IV equipment technologies, such as infusion pumps and automated systems, further strengthens North America's dominant position in the market. The region's well-established reimbursement policies also contribute to the high demand for intravenous equipment.
Europe follows North America in terms of market share, with countries like Germany, the UK, and France being the major contributors. The demand for intravenous equipment in Europe is driven by a growing aging population, increasing prevalence of diseases requiring intravenous therapies, and advancements in healthcare technologies. The region also benefits from high healthcare standards, widespread access to healthcare services, and an increasing number of outpatient surgeries and treatments, all of which contribute to the growing demand for intravenous devices. The presence of leading manufacturers and a well-developed distribution network also play a significant role in driving the European market. Furthermore, favorable government initiatives to support healthcare services and improve patient care also help maintain Europe's position as a major market for intravenous equipment.
The Asia-Pacific region is expected to witness the fastest growth in the Global Intravenous Equipment Market due to factors such as improving healthcare infrastructure, a large and growing patient population, and an increasing demand for advanced medical technologies. Emerging economies like China and India are seeing rapid healthcare development, with increased investments in healthcare facilities, especially in urban areas. The rising prevalence of chronic diseases, a growing aging population, and expanding health insurance coverage are further driving the demand for intravenous equipment. Additionally, as healthcare access improves in rural and underserved areas, there is a growing need for portable and cost-effective intravenous solutions, which will continue to drive market growth in the Asia-Pacific region. By the end of the forecast period, this region is expected to account for a substantial share of the global market.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Intravenous Equipment Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising prevalence of chronic diseases
- Growing geriatric population
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Shift towards home care - The Global Intravenous Equipment Market is experiencing a notable shift towards home care settings, reflecting a growing trend towards patient-centered healthcare and the rising demand for convenient and cost-effective treatment options. As advancements in medical technology and healthcare delivery systems continue to evolve, there is increasing recognition of the benefits of home-based intravenous therapy for managing chronic conditions and post-operative care. This shift is driven by several factors, including the desire for improved patient comfort and quality of life, reduced healthcare costs associated with hospital stays, and the growing availability of home healthcare services and skilled nursing support.
Moreover, the COVID-19 pandemic has further accelerated the adoption of home-based intravenous therapy, as patients and healthcare providers seek to minimize potential exposure to infectious diseases in clinical settings. Home infusion of medications and fluids via intravenous equipment allows patients to receive necessary treatments in the familiar and comfortable environment of their own homes, while also enabling healthcare providers to optimize resource allocation and reduce strain on hospital resources. As a result, manufacturers of intravenous equipment are increasingly focusing on developing user-friendly and portable devices tailored for home use, as well as providing comprehensive support services to ensure safe and effective administration of intravenous therapy outside of traditional healthcare settings. This shift towards home care represents a significant opportunity for growth and innovation in the global intravenous equipment market, as it expands access to essential healthcare services and enhances the overall patient experience.
Restraints
- Stringent government regulations
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Cost concerns - Cost concerns are a significant factor influencing the dynamics of the Global Intravenous Equipment Market. As healthcare systems worldwide face mounting pressure to contain costs while delivering high-quality patient care, healthcare providers, administrators, and purchasers are increasingly scrutinizing the expenses associated with intravenous equipment. The cost considerations encompass various aspects, including the initial procurement cost of intravenous devices, ongoing maintenance expenses, and the total cost of ownership over the equipment's lifespan. Additionally, concerns about reimbursement rates, healthcare budgets, and cost-effectiveness analyses play a pivotal role in decision-making processes regarding the selection and utilization of intravenous equipment. Healthcare facilities and providers seek to strike a balance between cost considerations and patient safety, efficacy, and quality of care when investing in intravenous equipment, weighing factors such as product durability, reliability, and performance against budgetary constraints.
Moreover, cost concerns extend beyond the direct expenses associated with intravenous equipment to encompass broader economic factors and healthcare system sustainability. In an era of healthcare resource constraints and budgetary limitations, stakeholders aim to optimize resource allocation and maximize value for money across the continuum of care. This necessitates careful evaluation of cost-benefit ratios, comparative effectiveness, and return on investment considerations when investing in intravenous equipment. Additionally, strategies such as standardization, bulk purchasing, group purchasing organizations (GPOs), and value-based procurement approaches are increasingly employed to negotiate favorable pricing, achieve economies of scale, and mitigate cost pressures. By addressing cost concerns proactively and adopting innovative cost management strategies, stakeholders in the Global Intravenous Equipment Market strive to enhance affordability, accessibility, and sustainability of intravenous therapy solutions while maintaining high standards of patient care.
Opportunities
- Development of IV equipment
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The growing focus on emerging economies - The Global Intravenous Equipment Market is witnessing a growing focus on emerging economies, reflecting the increasing recognition of the importance of access to quality healthcare in developing regions. As economies in regions such as Asia-Pacific, Latin America, and Africa continue to grow and urbanize, there is a rising demand for advanced medical technologies and equipment, including intravenous devices. Governments and healthcare authorities in these regions are investing in healthcare infrastructure development and expanding access to essential medical services, thereby driving the adoption of intravenous equipment.
The growing prevalence of chronic diseases and the aging population in emerging economies are fueling the need for intravenous therapy for various medical conditions. As the burden of diseases such as cancer, diabetes, and cardiovascular disorders rises, there is a greater demand for intravenous equipment to administer fluids, medications, and other therapeutic agents. Manufacturers and suppliers of intravenous equipment are increasingly focusing on expanding their presence in emerging markets, introducing affordable and innovative solutions tailored to the specific needs and preferences of healthcare providers and patients in these regions. This growing focus on emerging economies not only presents significant growth opportunities for the global intravenous equipment market but also contributes to improving healthcare access and outcomes for millions of people worldwide.
Competitive Landscape Analysis
Key players in Global Intravenous Equipment Market include
- 3M
- Baxter
- Becton
- Dickinson and Company
- B. Braun Melsungen AG
- EuroLife Healthcare Pvt. Ltd
- Henry Schein Inc
- ICU Medical Inc
- Polymedicure
- Smiths Medical
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Global Intravenous Equipment Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising prevalence of chronic diseases
- Growing geriatric population
- Shift towards home care
- Restraints
- Stringent government regulations
- Cost concerns
- Opportunities
- Development of IV equipment
- The growing focus on emerging economies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Intravenous Equipment Market, By Type, 2021 - 2031 (USD Million)
- IV Catheters
- Infusion Pumps
- Securement Devices
- Administration Sets
- Drip Chambers
- Others
- Global Intravenous Equipment Market, By End-User, 2021 - 2031 (USD Million)
- Hospitals
- Ambulatory Surgical Centers
- Others
- Global Intravenous Equipment Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Intravenous Equipment Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- 3M
- Baxter
- Becton Dickinson and Company
- B. Braun Melsungen AG
- EuroLife Healthcare Pvt Ltd
- Henry Schein Inc
- ICU Medical Inc
- Polymedicure
- Smiths Medical
- Company Profiles
- Analyst Views
- Future Outlook of the Market