Rising Surgical Procedures Driving Growth in Intravenous Therapy and Vein Access Devices Market: A Key Factor Shaping the Future of the Intravenous Therapy And Vein Access Devices Market in 2025

What industry-specific factors are fueling the growth of the intravenous therapy and vein access devices market?
The escalation in surgical procedures is anticipated to fuel the expansion of the intravenous therapy and vein access devices market progressively. A surge in demand for elective surgeries - including cosmetic procedures, plastic surgery, rhinoplasty, and other non-essential enhancing the surgeries market, is observed. Intravenous therapy and vein access devices play a critical role in surgical procedures for the delivery of anesthesia, medications, fluids, and nutrients, ensuring patient stability and facilitating swift intervention when required. For example, in December 2023, the Australian Institute of Health and Welfare, a government agency based in Australia, recorded 735,500 patient admissions for surgery from public hospital elective surgery waiting lists during the 2022-23 timeframe, indicating an 18% rise compared to the preceding year, 2021-22. Consequently, the augmenting number of surgical procedures instigates the growth of the intravenous therapy and vein access devices market.

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What Is the projected market size and growth rate for the intravenous therapy and vein access devices market?
The market size of intravenous therapy and vein access devices has seen a substantial increase in recent periods. Its value is projected to increase from $30.65 billion in 2024 to $33.15 billion in 2025, marking a compound annual growth rate (CAGR) of 8.1%. The upliftment during the historical period can be linked to the development of hospital facilities, an enlarged number of Intensive Care Units (ICUs), an increase in medical research and development activities, and a spike in the elderly population.

Expectations are high for robust expansion in the intravenous therapy and vein access devices market in the coming years, with projections estimating a growth to $44.69 billion by 2029, representing a compound annual growth rate (CAGR) of 7.8%. The predicted growth in the forecasted period is linked to multiple factors such as an increase in surgical procedures, the introduction of degradable materials, improved infection control methods, escalating healthcare expenditures, and a surge in chronic disease cases. The forecast period is also anticipated to witness key trends including the evolution of minimally invasive methods, progress in catheter technology, the advent of smart intravenous devices, advancements in ultrasound-based techniques, and the emergence of innovative home healthcare devices.

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What new trends are reshaping the intravenous therapy and vein access devices market and its opportunities?
Leading companies in the market for intravenous therapy and vein access devices are innovating short peripheral intravenous catheters. These enhancements are aimed at improving patient comfort, mitigating complications resulting from insertion, and boosting efficiency of fluid and medications delivery. These short peripheral intravenous catheters offer an effective solution for swiftly and efficiently delivering fluids, medications, and nutrients directly into the bloodstream. This strategy minimizes patient discomfort, lowers potential infection risks, and provides easy, dependable venous access for numerous medical procedures. For example, B. Braun, a medical device company based in Germany, in October 2023 introduced the Introcan Safety 2 IV Catheter. This short peripheral intravenous catheter comes with passive needlestick prevention as well as a Multi-Access blood control septum. This state-of-the-art catheter is designed to heighten safety for clinicians by offering automatic protection from needlestick and a blood control feature that reduces exposure to bloodborne pathogens every time the hub is accessed.

What major market segments define the scope and growth of the intravenous therapy and vein access devices market?
The intravenous therapy and vein access devicesmarket covered in this report is segmented -

1) By Type: Intravenous (IV) Therapy And Vein Access Implantable Ports, Intravenous (IV) Therapy And Vein Access Intravenous Catheters, Hypodermic Intravenous (IV) Therapy And Vein Access Needles, Intravenous (IV) Therapy And Vein Access Infusion Pumps, Other Types
2) By Application: Volume Expanders, Medication Administration, Blood-Based Products, Nutrition And Buffer Solutions
3) By End Use: Hospitals, Clinics, Ambulatory Surgical Centers

Subsegments:
1) By Intravenous (IV) Therapy and Vein Access Implantable Ports: Single-Lumen Implantable Ports, Double-Lumen Implantable Ports, Triple-Lumen Implantable Ports
2) By Intravenous (IV) Therapy and Vein Access Intravenous Catheters: Peripheral IV Catheters, Central Venous Catheters (CVC), Peripherally Inserted Central Catheters (PICC), Tunneled Catheters
3) By Hypodermic Intravenous (IV) Therapy and Vein Access Needles: Standard Hypodermic Needles, Butterfly Needles, Safety Hypodermic Needles
4) By Intravenous (IV) Therapy and Vein Access Infusion Pumps: Volumetric Infusion Pumps, Syringe Infusion Pumps, Patient-Controlled Analgesia (PCA) Pumps, Ambulatory Infusion Pumps
5) By Other Types: IV Administration Sets, IV Fluid Bags and Tubing, Needleless Connectors, IV Drip Chambers

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Which region dominates the intravenous therapy and vein access devices market?
North America was the largest region in the intravenous therapy and vein access devices market in 2024. The regions covered in the intravenous therapy and vein access devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the intravenous therapy and vein access devices industry growth?
Major companies operating in the intravenous therapy and vein access devices market are Cardinal Health Inc., Johnson & Johnson Services Inc., 3M Company, Medtronic plc, Becton, Dickinson and Company, Baxter International Inc., B. Braun Holding GmbH & Co. KG, Fresenius Kabi AG, Terumo Corporation, Mindray Medical International Limited, Moog Inc., West Pharmaceutical Services Inc., ICU Medical Inc., Insulet Corporation, Merit Medical Systems Inc., Avanos Medical Inc., Vygon SAS, NxStage Medical Inc., AngioDynamics Inc., Elcam Medical Inc., Zyno Medical LLC, Sippex

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What Is Covered In The Intravenous Therapy And Vein Access Devices Global Market Report?

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

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