Press release
United States IV Cannula Market 2025 | Growth Drivers, Key Players & Investment Opportunities
Market Size and GrowthThe Global IV Cannula Market reached US$45.9 million in 2024 and is expected to reach US$74.7 million by 2033, growing at a CAGR of 5.6% during the forecast period 2025-2033, according to DataM intelligence report.
Key Development:
United States: Recent Industry Developments
✅ In August 2025, Becton, Dickinson and Company (BD) announced a $35 million investment to expand its Nebraska facility, enhancing the production of prefilled flush syringes, needles, and IV catheters. This expansion aims to bolster U.S. healthcare infrastructure and ensure long-term supply resilience.
✅ In January 2025, BD revealed plans to invest over $30 million in its Utah plant to increase manufacturing capacity for IV lines. This initiative follows a previous $2 million investment in 2024, resulting in a 10% increase in IV catheter output.
Japan: Recent Industry Developments
✅ In August 2025, researchers developed a flow-driven magnetic microcatheter for superselective arterial embolization. This innovative technology allows for safe and effortless navigation and tracking of hard-to-reach, distal, tortuous arteries, paving the way for improved diagnosis and treatment of cerebrovascular conditions.
✅ In June 2025, a study published on arXiv introduced an image-guided robotic system for enhancing the accuracy of difficult vascular access procedures. The system achieved a first-attempt success rate of 95% in intravenous vascular access, even with small blood vessels, demonstrating its effectiveness in performing these procedures.
✅ In June 2025, a study demonstrated the automatic cannulation of femoral vessels in a porcine shock model. This advancement in robotic ultrasound integration aims to enhance the precision and safety of central vascular catheterization, especially in trauma and critical care scenarios.
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An IV cannula is a small, flexible tube inserted into a vein to provide venous access for administering medications, fluids, or nutrients. Widely used in hospitals and clinical settings, it enables safe, efficient, and controlled intravenous therapy.
Recent Mergers and acquisitions:
United States: Recent M&A Activity
✅ September 15, 2025 - Avanos Medical acquired Nexus Medical, a leader in needleless connector technology. This strategic move enhances Avanos' Specialty Nutrition Systems business, reinforcing its commitment to safe and reliable therapy delivery in critical care settings.
✅ July 1, 2025 - Teleflex Incorporated completed the acquisition of BIOTRONIK's Vascular Intervention business for €760 million. This acquisition expands Teleflex's portfolio in vascular intervention, aligning with its strategy to enhance its vascular access offerings.
✅ April 23, 2025 - Catheter Precision, Inc. announced the acquisition of assets from Cardionomic, Inc. related to its Cardiac Pulmonary Nerve Stimulation (CPNS) System. This acquisition aims to advance Catheter Precision's capabilities in cardiac neuromodulation therapies.
Key Players:
=> Becton, Dickinson and Company, Nipro Corporation, Romsons Scientific & Surgical Pvt. Ltd., Medtronic plc, Cruzine, MRK Healthcare Pvt. Ltd., Bio Med Healthcare Products Pvt Ltd, AdvaCare Pharma, iLife Medical Devices Pvt Ltd, Neotec Medical and among others.
Growth Forecast Projected:
The Global IV Cannula Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2033. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global IV Cannula Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Product Type: Peripheral IV Cannula, Central IV Cannula, Draining Cannulas
➥ By Gauge Size: 14G, 16G, 17G, 18G, 20G, 22G, 24G, 26G
➥ By Material: Polyurethane, Teflon (Polytetrafluoroethylene, PTFE), Silicone, PVC (Polyvinyl Chloride), Others
➥ By Application: Blood Transfusion, Drug Administration, Surgical Procedures, Diagnostic Procedures, Others
➥ By End User: Hospitals, Specialty Clinics, Home Healthcare, Diagnostic Centers, Ambulatory Surgical Centers
Regional Analysis for IV Cannula Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among IV Cannula producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze IV Cannula revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the IV Cannula Market?
A: In 2024, the IV Cannula Market was valued at US$45.9 million, reflecting its strong industry presence.
Q2: How large is the IV Cannula Market expected to be by 2033?
A: By 2033, industry forecasts suggest the IV Cannula Market will grow to around US$74.7 million, demonstrating significant expansion.
Q3: What is the growth rate of the IV Cannula Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.6% during the forecast period from 2025 to 2033.
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