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Technological Advancements Reshaping The Peripheral Iv Catheters Market Enhanced Safety And Efficiency Trend: A Crucial Influence on the Peripheral IV Catheters Market's Transformation in 2025

02-24-2025 07:59 AM CET | Health & Medicine

Press release from: The Business Research Company

Peripheral IV Catheters Market

Peripheral IV Catheters Market

What market dynamics are playing a key role in accelerating the growth of the peripheral iv catheters market?
The upsurge in the incidents of chronic illnesses is projected to stimulate the expansion of the peripheral IV catheters market. These catheters are frequently employed in managing a host of chronic conditions, including cancer, cardiovascular afflictions, and more. For example, the Australian Bureau of Statistics, an autonomous statutory body in Australia assigned the task of data collection and analysis, reported in March 2022 that almost half of the population (or 11.6 million people which is 46.6%) suffered from at least a single chronic ailment. The most prevalent chronic diseases included issues related to mental and behavioral health (20.1%), back discomfort (15.7%), and arthritis (12.5%). As such, the escalating incidents of chronic illnesses are projected to stimulate the expansion of the peripheral IV catheters market.

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How will the growth rate of the peripheral iv catheters market shape industry trends by 2034?
The market size of peripheral iv catheters has seen significant growth in the past few years. The market is predicted to expand from a worth of $5.43 billion in 2024 to $5.79 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.6%. The notable development during the historical period can be traced back to factors such as the expansion of healthcare facilities, rise in the number of elderly people and chronic illnesses, increase in surgical and medical procedures, enhanced hospital admissions, and the growing demand for vascular access devices.

In the upcoming years, the market size for peripheral iv catheters is anticipated to witness substantial growth, expanding to $8.36 billion in 2029 with a compound annual growth rate (CAGR) of 9.6%. This predicted growth within the forecast period may be due to factors such as the adoption of minimally invasive procedures and catheters, the use of short peripheral catheters in outpatient care, the prevention of catheter-related bloodstream infection, the proliferation of home healthcare, and the application of antimicrobial coatings. The forecast period is also likely to see key trends such as the utilization of ultrasound for peripheral iv catheter insertion, a decrease in complications and catheter failure, the incorporation of wireless communication for catheter monitoring, focus on patient-oriented catheter care, and a move towards disposable catheters.

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What trends are poised to drive the future success of the peripheral iv catheters market?
Advancements in technology are significantly influencing the peripheral IV catheters market. Many firms within this market are working on producing new and technically improved products for their patrons. B. Braun Medical, an American infusion therapy firm, introduced the new Introcan Safety 2 IV cathetar with a one-time blood control feature. This innovative product enhances the safety of IV access for medical practitioners by diminishing the chances of needlestick injuries.

Which primary segments of the peripheral iv catheters market are driving growth and industry transformations?
The peripheral iv catheters market covered in this report is segmented -

1) By Product Type: Short Peripheral Intravenous Catheters, Integrated/Closed Peripheral Intravenous Catheters (PIVC)
2) By Technology: Conventional Peripheral Intravenous Catheters (PIVC), Safety Peripheral Intravenous Catheters (PIVC)
3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Healthcare

Subsegments:
1) By Short Peripheral Intravenous Catheters: Over-the-Needle Catheters, Winged Infusion Sets
2) By Integrated/Closed Peripheral Intravenous Catheters (PIVC): Safety Catheters, Antimicrobial Catheters, Smart Catheters

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Which geographical regions are pioneering growth in the peripheral iv catheters market?
North America was the largest region in the peripheral IV catheters market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the peripheral iv catheters market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the influential players reshaping the peripheral iv catheters market landscape?
Major companies operating in the peripheral iv catheters market include Becton, Dickinson and Company, B. Braun Melsungen AG, Smiths Medical Inc., Vygon SAS, Terumo Corporation, Teleflex Incorporated, NIPRO Medical Corporation, Argon Medical Devices Inc., Medical Components Inc., Vascular Pathways Inc., Tangent Medical Technologies Inc., Vigmed AB, Venner Medical, C. R. Bard Inc., MedSource Labs, Intra Special Catheters GmbH, Greiner Bio-One International GmbH, Ares Medikal, Ace Medical Company, Heka s.r.l, Raumedic AG, Vogt Medical Vertrieb GmbH, RenovoRx Inc., Retractable Technologies Inc., AngioDynamics Inc., ICU Medical Inc., Medtronic plc, Edwards Lifesciences Corporation, Cook Group Incorporated, Stryker Corporation, Boston Scientific Corporation, Johnson & Johnson, Abbott Laboratories, Merit Medical Systems Inc.

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What Is Covered In The Peripheral IV Catheters Global Market Report?

•Market Size Forecast: Examine the peripheral iv catheters market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the peripheral iv catheters market for a structured understanding.
•Key Players Overview: Analyze major players in the peripheral iv catheters market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the peripheral iv catheters market.
•Segment Contributions: Evaluate how different segments drive overall growth in the peripheral iv catheters market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the peripheral iv catheters market.
•Industry Challenges: Identify potential risks and obstacles affecting the peripheral iv catheters market.
•Competitive Landscape: Review strategic developments in the peripheral iv catheters market, including expansions, agreements, and new product launches.

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