Growing Prevalence Of Chronic Diseases Drives Expansion Of The Peripheral Iv Catheters Market

The Peripheral IV Catheters Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Peripheral IV Catheters Market Size and Projected Growth Rate?
The market size for peripheral iv catheters has seen significant growth in the recent past. The market is projected to increase from $5.43 billion in 2024 to $5.79 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%. This expansion during the recorded period is credited to the development of healthcare facilities, an aging population coupled with chronic diseases, a surge in medical and surgical procedures, growth in hospital admissions, and the rising demand for vascular access devices.

In the forthcoming years, the peripheral iv catheters market is anticipated to witness substantial growth, with the size expanding to $8.36 billion by 2029 at a compound annual growth rate (CAGR) of 9.6%. The projected growth during the forecast period is due to the adoption of minimally invasive procedures and catheters, the use of short peripheral catheters for outpatient treatment, efforts to prevent catheter-related bloodstream infection, the extension of home healthcare, and the utilization of antimicrobial coatings. Key trends expected to drive the market during the forecast period include the implementation of ultrasound-guided peripheral iv catheter insertion, a decrease in complications and catheter failure, the application of wireless communication for catheter monitoring, patient-centric catheter maintenance, and a move towards disposable catheters.

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What Are the Major Segments in the Peripheral IV Catheters Market?
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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What Are The Driving Peripheral IV Catheters Market Evolution?
The escalating incidence of chronic illnesses is projected to fuel the expansion of the peripheral IV catheters market. Peripheral IV catheters are often employed in managing chronic conditions such as cancer, cardiovascular diseases and more. For instance, data from the Australian Bureau of Statistics in March 2022 revealed that nearly half of the populace (46.6% or 11.6 million) had at least one chronic disease. Mental and behavioral issues (20.1%), back pain (15.7%), and arthritis (12.5%) were reported as the most frequent chronic illnesses. Hence, the increasing prevalence of chronic illnesses is anticipated to spur the peripheral IV catheters market's growth.

Which Firms Dominate The Peripheral IV Catheters Market Segments?
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.

What Trends Are Expected to Dominate the Peripheral IV Catheters Market in the Next 5 Years?
The peripheral IV catheters market is being molded by technological innovation. Numerous market players are introducing improved products to cater to their clientele's needs. For instance, B. Braun Medical, an American infusion therapy firm, unveiled their new Introcan Safety 2 IV catheter, equipped with one-time blood control. This latest offering enhances IV access safety measures for clinicians by minimizing the threat of needlestick injuries.

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Which Is The Largest Region 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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Peripheral IV Catheters Market?
2. What is the CAGR expected in the Peripheral IV Catheters Market?
3. What Are the Key Innovations Transforming the Peripheral IV Catheters Industry?
4. Which Region Is Leading the Peripheral IV Catheters Market?

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