CHICAGO, Feb. 8, 2024 /PRNewswire/ -- According to Arizton's latest focus insight report, the IV catheters market is growing at a CAGR of 5.04% during 2023-2029.
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IV Catheters Market Report Scope
Report Attributes | Details |
Market Size (2029)? | $6.6 Billion |
Market Size (2023) | $4.9 Billion |
CAGR (2023-2029)? | 5.04 % |
Historic Year | 2020-2021 |
Base Year | 2022 |
Forecast Year | 2023-2029 |
In 2023, the global intravenous catheters market was dominated by North America, with a share of 33.45%. This region has a large presence of major vendors offering various IVCs to patients of various age groups. Further, this growing usage of IVCs in the region is being contributed by advanced healthcare infrastructure and growing awareness regarding the safety of IVCs. Europe is expected to witness the highest incremental growth of $513.50 million, and APAC is expected to record the highest absolute growth of 41.05% during the forecast period.
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 key vendors in the market include BD, Smith Medical, Vygon, B. Braun Melsungen AG, Teleflex, Terumo, and Shanghai Puyi Medical Instruments. Though major players dominate the market, others 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.
Moreover, vendors, especially global players, are increasingly pursuing inorganic growth strategies such as acquisitions and strategic partnerships to expand their presence, enhance product portfolio, and improve 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. BD acquired Velano Vascular, whose needle-free technology enables high-quality blood draws from existing PIVC lines.
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
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Key Questions Answered in the Report:
How big is the global IV catheters market?
What is the projected growth rate of the global IV catheters market?
Which region holds the most significant global IV catheter market share?
What are the drivers in the global IV catheters market?
Who are the key players in the global IV catheters market?
Table of Contents
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
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