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Intravenous Equipment Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032

  • Report ID: GMI4017

Intravenous Equipment Market size is expected to record robust growth between 2023 and 2032 owing to the rise in needlesticks infections and injuries. This equipment are highly used for the infusion of liquid substances directly into a blood vein. Apart from this, it is used to deliver nutrients or medications, such as insulin or other hormones, antibiotics, chemotherapeutic drugs, and painkillers.

Rapid rise in the aging population has led to an increase in the number of surgical procedures as well as the frequency of chronic diseases. The need for timely drug administration to patients and for technologically advanced products will increase in the healthcare sector. As people start adopting home care services, the progress for intravenous equipment for the home setting would also increase over time.

However, expansion  in the intravenous equipment market may be limited due to the implementation of a strict regulatory environment. The upsurge in prescription errors linked to infusion pumps can also hamper the market landscape over the years.  

On the basis of product, the intravenous equipment industry is anticipated to expand with an uptick in the demand for IV catheters. These are primarily utilized by healthcare professionals to administer and cater to treatments. It serves as vital equipment that provides blood, IV drugs, and nutritional fluids to patients.

Additionally, peripheral intravenous catheters (PIVC) are extensively adopted for hospitalized patients for therapeutic purposes, including administration of medications, fluids as well as blood products, and blood sampling. They are also preferred as they offer limited complications in intravenous procedures. The growing adoption of closed IV catheters will further drive the intravenous equipment industry  progress.

Geographically, the North America intravenous equipment market is projected to foresee commendable gains by 2032. The region has a developed healthcare sector, mostly in the U.S. and Canada, due to which product demand is expected to be high in these countries. The increase in the burden of chronic diseases will boost the requirement for surgical procedures.

New technology developments have opened the door for the routine treatment of chronic diseases with the growing need for home healthcare. The regional market is also expected to grow owing to the rising numbers of new patients and doctors. The prevalence of competent and skilled doctors and medical professionals as well as rising innovations by major industry participants will promote market outlook in the coming years.

Based on the end-use, the intravenous equipment market from the hospitals segment will extend with the global increase in surgical procedures. The use of life-saving equipment, such as IV poles, in hospitals to aid medical staff has increased because of the expandingprogression for dependability and durability in the medical sector. IV poles for hospitals provide the highest level of stability and dependability while enhancing patient care. The market will develop with the increasing number of hospitalizations, driving the requirement for such equipment in hospitals to produce consistent results in daily operations.

Hospira LifeCare, B. Braun Holding GmbH & Co. KG, Smiths Medical (Smiths Group), AIV, Inc., CareFusion (BD, Cardinal Health), Intravascular Incorporated, CONMED, Baxter, Hart Enterprises, Inc., Becton, Dickinson and Company, Terumo Medical Corporation, and The Matrix Company are a few of the major manufacturers in the global intravenous equipment industry.

Latest developments in the intravenous equipment market

Companies that specialize in intravenous equipment manufacturing are involved in new product launches, production expansions, and strategic alliances like mergers and acquisitions to increase their competitive value and expand their geographic reach. For instance, in September 2021, B. Braun Medical Inc. unveiled CARESAFE, its new IV administration sets with an Optional AirStop component. These sets give further protection to the environment and to patients from the health dangers of exposure to chemicals.


What Information does this report contain?

Historical data coverage: 2018 to 2022; Growth Projections: 2023 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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Our Market Research Reports Include:

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