Press release
Peripheral IV Catheters Market Attracts Healthcare Growth, Booming with Aging Population at 7.4% CAGR | Top Companies - Becton Dickinson, B. Braun Melsungen AG, Argon Medical, Vygon, ICU Medical Inc and among others.
"Global Peripheral IV Catheters Market reached US$ 5.2 billion in 2022 and is expected to reach US$ 9.1 billion by 2030, growing with a CAGR of 7.4% during the forecast period 2023-2030." As per DataM intelligence research reportAs per our analysis The Peripheral IV Catheters market is expanding steadily as these devices remain essential for fluid administration, medication delivery, and blood sampling in clinical care. Increasing hospital admissions, rising surgical procedures, and growing demand for rapid drug infusion are fueling market growth. Innovations in catheter design like safety-engineered tips and antimicrobial coatings are improving insertion success and reducing complications. The shift toward short peripheral catheters in outpatient and homecare settings is also boosting adoption. North America leads the market, while emerging economies in Asia-Pacific are seeing strong demand. This market is vital to frontline healthcare, ensuring safe, efficient, and reliable vascular access.
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Peripheral IV Catheters Market Dynamics:
The peripheral IV catheters market is driven by the high demand for intravenous access in hospitals, clinics, and emergency settings for fluid administration, drug delivery, and blood sampling. Rising surgical procedures, increasing hospital admissions, and the growing burden of chronic diseases support widespread use. Advancements in catheter materials and insertion technologies reduce complications like phlebitis and infiltration. The growing emphasis on patient comfort and safety is encouraging the use of safety-engineered and short peripheral catheters. Higher awareness of infection control and vascular access protocols also drives adoption. The demand is particularly high in critical care and pediatric settings.
Market growth is fueled by the expansion of outpatient care facilities and home healthcare services, where peripheral IV catheters play a key role in short-term treatments. Innovations like closed IV systems and catheter stabilization devices improve clinical outcomes and reduce healthcare costs. The increasing healthcare infrastructure in emerging economies boosts market penetration. Training programs and automated insertion systems help reduce insertion errors and improve success rates. Collaborations between catheter manufacturers and healthcare providers accelerate product innovation. As global healthcare systems focus on efficiency and safety, the peripheral IV catheter market is set for steady expansion.
Peripheral IV Catheters Market: Recent Industry Developments
✅SkyDance Vascular received FDA clearance for its OspreyIV closed IV catheter system, designed to reduce vein trauma and enhance patient safety. The system incorporates skin avoidance technology and passive needle retraction, aiming to improve PIVC outcomes.
✅Researchers have developed an AI-aided geometric design for anti-infection catheters. This design utilizes AI models to predict bacterial dynamics and optimize catheter surfaces, potentially reducing catheter-associated infections and extending in-dwelling times.
Strategic Players Driving the Peripheral IV Catheters Market Forward:
Becton Dickinson, B. Braun Melsungen AG, Argon Medical, Vygon, ICU Medical Inc, VOGT Medical, RenovoRx Inc, Nipro Medical, Teleflex, Greiner Bio-One and among others.
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Research Methodology:
The global Peripheral IV Catheters Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.
Segment Covered in the Peripheral IV Catheters Market:
♦By Product Type: Integrated/Closed Peripheral Intravenous Catheters, Short Peripheral Intravenous Catheters, Midline Catheters
♦By Technology: Conventional PIVC, Systems PIVC
♦By End User: Hospitals, Ambulatory Surgical Centers, Clinics , Others
Regional Analysis for Peripheral IV Catheters Market:
The Peripheral IV Catheters market is expanding due to the rising need for intravenous therapies and hospital admissions. North America, especially the U.S., leads with widespread use in emergency and inpatient care settings. Europe, including Germany, France, and the U.K., shows steady growth driven by improved patient safety standards and technology adoption. Asia-Pacific, particularly China, India, and Japan, is witnessing rapid growth due to expanding healthcare infrastructure and increased procedural volumes. South America, led by Brazil, is gradually adopting advanced catheter solutions in clinical practice. The Middle East & Africa show emerging growth supported by healthcare development and infection control efforts.
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