Growth of Home Healthcare Driving Demand for Intravenous Fluid Monitoring Devices Driving Market Acceleration in the Intravenous Fluid Monitoring Devices Industry, 2025

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How Large Will the Intravenous Fluid Monitoring Devices Market Size By 2025?
The market size for intravenous fluid monitoring devices has shown considerable growth in the past few years. Its predicted escalation from $5.12 billion in 2024 to $5.59 billion in 2025 signifies a compound annual growth rate (CAGR) of 9.1%. Factors like rising incidences of chronic diseases, the growing elderly population, enhancements in healthcare infrastructure, robust regulatory standards, and an increase in surgical procedures and critical care treatments have all contributed to this historical growth period.

How Big Is the Intravenous Fluid Monitoring Devices Market Size Expected to Grow by 2029?
The market for intravenous fluid monitoring devices is forecasted to experience considerable growth in the upcoming years, reaching a value of $7.84 billion in 2029 with a compound annual growth rate (CAGR) of 8.8%. This predicted growth can be linked to factors such as an enhanced focus on patient safety, the growth of healthcare facilities, the proliferation of remote monitoring devices, a rise in the number of interconnected and intelligent devices, and heightened awareness of fluid management. Key trends observed for the forecasted period incorporate integration with internet of things (IoT), utilization of artificial intelligence, the rise of wearable technology, progress in smart infusion pumps, and advancements in analytical data for optimising fluid management tactics.

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Which Key Market Drivers Powering Intravenous Fluid Monitoring Devices Market Expansion and Growth?
The upsurge in home healthcare is anticipated to drive the growth of the intravenous fluid monitoring devices market in the future. Home healthcare involves both medical and non-medical services offered to people in their residences to enhance their health and well-being. Factors such as an aging populace, advancements in medical technology, an increased occurrence of chronic diseases, and a growing preference for home-based treatment owing to comfort and cost efficiency primarily influence home healthcare. Intravenous fluid monitoring devices in home-based healthcare enable precise monitoring of fluid intake, ensure proper hydration and medication administration, and facilitate remote monitoring to improve patient care. For instance, a report by Public Health Scotland, a Scotland-based national agency, released in November 2023 noted that in 2022/23, total Care at Home services hours summed up to slightly more than 37.7 million, showing about a 3% growth compared to 2021/22. Consequently, the growth in home healthcare is fueling the advancement of the intravenous fluid monitoring devices market.

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Which Fast-Growing Trends Are Poised to Disrupt the Intravenous Fluid Monitoring Devices Market?
Major players in the intravenous fluid tracking devices industry are forming strategic alliances to expand their product line, market penetration, and promote innovation. By partnering with tech companies or research institutes, these corporations can incorporate advanced technologies such as the Internet of Things (IoT) and artificial intelligence (AI) into their devices, improving the precision and capabilities of their fluid tracking systems. An example of this occurred in August 2023 when B. Braun, a medical and pharmaceutical device company based in Germany, combined their infusion pumps with remote monitoring technology supplied by Monitor, a healthcare technology firm in Finland. This development elevated the functionality of B. Braun's IV treatment infusion pumps, enabling medical staff to supervise infusions from afar, resulting in enhanced efficiency and precision in patient care.

What Are the Emerging Segments in the Intravenous Fluid Monitoring Devices Market?
The intravenous fluid monitoring devicesmarket covered in this report is segmented -

1) By Product Type: Wired Devices, Wireless Devices
2) By Application: Flow Monitoring, Volume Monitoring, Pressure Monitoring
3) By End User: Hospitals And Clinics, Ambulatory Surgical Centers, Home Care Settings, Other End-Users

Subsegments:
1) By Wired Devices: Wired Infusion Pumps, Wired Flow Meters, Wired Pressure Monitors, Wired Temperature Sensors, Wired IV Catheters
2) By Wireless Devices: Wireless Infusion Pumps, Wireless Flow Meters, Wireless Pressure Monitors, Wireless Temperature Sensors, Wireless IV Catheters

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Who Are the Global Leaders in the Intravenous Fluid Monitoring Devices Market?
Major companies operating in the intravenous fluid monitoring devices market are Cardinal Health Inc., Johnson & Johnson Services Inc., 3M Company, Medtronic plc, Becton, dic*kinson and Company, Baxter International Inc., B. Braun Holding GmbH & Co. KG, Fresenius Kabi AG, Terumo Corporation, Mindray Medical International Limited, Nipro Corporation, Moog Inc., West Pharmaceutical Services Inc., ICU Medical Inc., Insulet Corporation, Merit Medical Systems Inc., Avanos Medical Inc., NxStage Medical Inc., AngioDynamics Inc., Elcam Medical Inc., Zyno Medical LLC, Sippex, Arcomed AG, Vitrex Medical A/S

Which are the Top Profitable Regional Markets for the Intravenous Fluid Monitoring Devices Industry?
North America was the largest region in the intravenous fluid monitoring devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intravenous fluid monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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