IV Equipment Market: By Product Type, By End User, and Region Forecast 2019-2030

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IV Equipment Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Infusion Sets, IV Catheters, Check Valves and Stop Cocks, Needless Connectors, Securement Devices, Drip Chambers, Others), By End User (Hospitals, Clinics, Ambulatory Surgical centers, Homecare), and Region Forecast 2019-2030

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IV Equipment Market size was valued at US$ 15.12 billion by 2023 and is poised to grow at a significant CAGR of 6.8% from 2024-2030. IV equipment are the medical devices used in the intravenous therapy to deliver the liquid substances into the body through the intravenous system. The IV equipment are used to administer the injections and infusions by using the syringes and infusion pumps.

These equipment must be sterile before administering into the vein. Intravenous therapy is the fastest route to deliver the medications into the body because the medication directly enter into the circulation through intravenous route. Market players are actively involved in the development of newer IV equipment which is most convenient to the patient drug administration.

Moreover, the rise in prevalence of chronic diseases that require long-term treatment, the rise in a number of surgical procedures, and rise in demand for ambulatory infusion pumps owing to rise in the home care market are anticipated to fuel the market over the forecast years. Furthermore, acquisitions and mergers, collaborations, and product launchings are the strategies adopted by the market players for generating the revenue in market. For instance, 

IV Equipment Market Key Developments

  • In April 2017, ICU Medical Inc. acquired Hospira infusion systems for expanding the product portfolio including IV equipment.
  • In May 2022, BD (Becton, Dickinson and Company), a leading global medical technology company, and Mitsubishi Gas Chemical Company, Inc. (MGC), a R&D-oriented chemical manufacturer based in Tokyo, Japan, announced that they have entered into an agreement to investigate further development of OXYCAPT an innovation from MGC that integrates the best of plastic and glass for plastic syringes.

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Iv Equipment Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.8%

Largest Market

North America

Fastest Growing Market

North America

Iv Equipment Market Dynamics

Increase in geriatric population, growing prevalence of chronic diseases, increase in a number of surgical procedures, various advantages of intravenous therapy, availability of fixed IV equipment such as IV cannulas for multiple drug administration are anticipated to fuel the IV equipment market over the forecast period. However, stringent regulatory policies for newer products approval, rise in the incidence of medication errors, and patient safety risks are anticipated to hamper the growth of market over the forecast years.

Iv Equipment Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 15.12 billion

Market CAGR

6.8%

By Product Type

  • Infusion Sets
  • IV Catheters
  • Check Valves and Stop Cocks
  • Needless Connectors
  • Securement Devices
  • Drip Chambers
  • Others

By End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Home care

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The iv equipment market report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis 

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Frequently Asked Questions

The global iv equipment market size was valued at US$ 15.12 billion in 2023 and is projected to grow at a CAGR of 6.8% from 2024-2030.

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The market key players are Becton, Dickinson and Company, B. Braun, Melsungen AG, 3M, Henry Schein Inc., ICU Medical In, Baxter, Euro Life Healthcare Pvt. Ltd, Polymedicure, Terumo Corporation, Teleflex Incorporated, Ascor S.A

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Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global IV Equipment Market Introduction 
2.1.Global IV Equipment Market  - Taxonomy
2.2.Global IV Equipment Market  - Definitions
2.2.1.Product Type
2.2.2.End User
2.2.3.Region
3. Global IV Equipment Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global IV Equipment Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global IV Equipment Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Infusion Sets
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. IV Catheters
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Check Valves and Stop Cocks
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Needless Connectors
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Securement Devices
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Drip Chambers
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Others
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6. Global IV Equipment Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Hospitals
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Clinics
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Ambulatory Surgical Centers
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Home care
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7.Global IV Equipment Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America IV Equipment Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Infusion Sets
8.1.2.IV Catheters
8.1.3.Check Valves and Stop Cocks
8.1.4.Needless Connectors
8.1.5.Securement Devices
8.1.6.Drip Chambers
8.1.7.Others
8.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Hospitals
8.2.2.Clinics
8.2.3.Ambulatory Surgical Centers
8.2.4.Home care
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9. Europe IV Equipment Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Infusion Sets
9.1.2.IV Catheters
9.1.3.Check Valves and Stop Cocks
9.1.4.Needless Connectors
9.1.5.Securement Devices
9.1.6.Drip Chambers
9.1.7.Others
9.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Hospitals
9.2.2.Clinics
9.2.3.Ambulatory Surgical Centers
9.2.4.Home care
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10. Asia Pacific (APAC) IV Equipment Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Infusion Sets
10.1.2.IV Catheters
10.1.3.Check Valves and Stop Cocks
10.1.4.Needless Connectors
10.1.5.Securement Devices
10.1.6.Drip Chambers
10.1.7.Others
10.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Hospitals
10.2.2.Clinics
10.2.3.Ambulatory Surgical Centers
10.2.4.Home care
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) IV Equipment Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Infusion Sets
11.1.2.IV Catheters
11.1.3.Check Valves and Stop Cocks
11.1.4.Needless Connectors
11.1.5.Securement Devices
11.1.6.Drip Chambers
11.1.7.Others
11.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Hospitals
11.2.2.Clinics
11.2.3.Ambulatory Surgical Centers
11.2.4.Home care
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12. Latin America IV Equipment Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Infusion Sets
12.1.2.IV Catheters
12.1.3.Check Valves and Stop Cocks
12.1.4.Needless Connectors
12.1.5.Securement Devices
12.1.6.Drip Chambers
12.1.7.Others
12.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Hospitals
12.2.2.Clinics
12.2.3.Ambulatory Surgical Centers
12.2.4.Home care
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Becton, Dickinson and Company
13.2.2.B. Braun, Melsungen AG
13.2.3.3M
13.2.4.Henry Schein, Inc
13.2.5.ICU Medical, In
13.2.6.Baxter
13.2.7.EuroLife Healthcare Pvt. Ltd
13.2.8.Polymedicure
13.2.9.Terumo Corporation
13.2.10.Teleflex Incorporated
13.2.11.Ascor S.A
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Becton, Dickinson and Company
  • B. Braun, Melsungen AG
  • 3M
  • Henry Schein, Inc
  • ICU Medical, In
  • Baxter
  • EuroLife Healthcare Pvt. Ltd
  • Polymedicure
  • Terumo Corporation
  • Teleflex Incorporated
  • Ascor S.A

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