Peripheral Intravenous Catheters (IV) Market: By Product Type (Short Peripheral Intravenous Catheter (Ported PIVCs and Non-ported PIVCs) and Integrated/closed Peripheral Intravenous Catheter), By Technology Type (Conventional PIVCs and Safety PIVCs), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers (ASC), Homecare Settings), and Geography  

Peripheral Intravenous Catheters (PIVCs) Market size was valued at USD 4,265.5 million in 2023 and poised to grow at a CAGR of 6.6% over 2024-2030. A Peripheral Intravenous Catheter (IV) is a medical device used to access a patient's bloodstream for various purposes, such as intravenous therapy, fluid administration, medication delivery, blood transfusions, and blood sampling. It is a thin, flexible tube typically made of materials like plastic or silicone, which is inserted through a peripheral vein (usually in the arm, hand, or foot) and threaded into a larger central vein or artery. The increasing healthcare infrastructure and growing advances in PIVCs technology. Rising preference for safety catheters over conventional catheters. Over the last few years, healthcare professionals increasingly preferred safety catheters over conventional catheters owing to the rising concern of needlestick injuries to patients and healthcare professionals is creating a potential market opportunity for players offering safety catheters in the market. Moreover, technological advances in catheter manufacturing resulted in a reduction in hematoma-related complications and blood infections are expected to drive market revenue growth over the forecast period. For instance, the usage of short peripheral catheters helps in the reduction of hematoma-related complications and blood infections