2025-2034 Peripheral IV Catheters Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights

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What Will the Peripheral IV Catheters Industry Market Size Be by 2025?
Strong expansion has characterized the peripheral intravenous catheter market in the recent past, projecting an increase from its 2024 valuation of $5.43 billion to $5.74 billion by 2025, reflecting a compound annual growth rate (CAGR) of 5.8%; this upward trajectory during the historical period is largely traceable to the proliferation of healthcare establishments, the escalating numbers of elderly individuals and those afflicted with long-term illnesses, the volume of surgical and medical interventions performed, a rise in patient admissions to hospitals, and the sustained requirement for devices used in vascular access.

What's the Long-Term Growth Forecast for the Peripheral IV Catheters Market Size Through 2029?
Anticipating a robust expansion, the market for peripheral intravenous catheters is projected to achieve a valuation of $8.24 billion by the year 2029, spurred by a compound annual growth rate (CAGR) of 9.4% across the upcoming period. This upward trajectory is fundamentally driven by several key factors, including the increasing reliance on minimally invasive surgical techniques and associated devices, the rising utilization of shorter peripheral catheters in ambulatory settings, concerted efforts to minimize catheter-related bloodstream infections, the broadening scope of home healthcare services, and the incorporation of antimicrobial surface treatments into devices. Furthermore, several significant trends are set to shape this market landscape, such as the growing preference for ultrasound guidance during the placement of these catheters, a focus on developing solutions that decrease both device-related complications and instances of catheter failure, the adoption of wireless technology for remote catheter monitoring, a greater emphasis on providing care tailored to individual patient needs concerning their catheters, and a discernible movement towards single-use, disposable catheter products.

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What Are the Key Growth Drivers Fueling the Peripheral IV Catheters Market Expansion?
The increasing prevalence of chronic diseases is anticipated to drive the growth of the peripheral IV catheters market. Peripheral intravenous catheters are widely utilized in treating chronic conditions such as cancer and cardiovascular diseases, among others. For example, according to the Australian Bureau of Statistics, an independent statutory body responsible for data collection and analysis, nearly half of Australia's population (46.6%, or 11.6 million people) had at least one chronic illness as of March 2022. The most prevalent conditions included mental and behavioral disorders (20.1%), back pain (15.7%), and arthritis (12.5%). Hence, the growing incidence of chronic diseases is expected to fuel the expansion of the peripheral IV catheters market.

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What Are the Key Trends Driving Peripheral IV Catheters Market Growth?
Innovations in technology are significantly influencing the trajectory of the peripheral intravenous catheter sector, prompting numerous market participants to focus on creating technologically superior offerings for their clientele. Specifically, B. Braun Medical, a firm operating out of the United States and specializing in infusion therapy solutions, introduced the recently released Introcan Safety 2 IV catheter, which incorporates a novel feature for single-use blood containment, thereby boosting the security of IV access procedures for healthcare professionals by mitigating the possibility of accidental needle-stick wounds.

How Is the Peripheral IV Catheters Market Segmented?
The peripheral iv cathetersmarket 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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Which Companies Are Leading the Charge in Peripheral IV Catheters Market Innovation?
Major companies operating in the peripheral iv catheters market include Becton, dic*kinson 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.

Which Regions Are Leading the Global Peripheral IV Catheters Market in Revenue?
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.

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