The global intravenous catheters market size is anticipated to reach USD 13.07 billion by 2030, expanding at a CAGR of 5.95% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising R&D investments for risk free IV catheter products, increasing demand for disposable IV catheters, and increasing demand for antimicrobial IV catheters are the major driving factors accelerating the industry growth. Novel product launch, increasing mergers and acquisition among the industry key players, and the rising demand for specialized IV catheters for specific patient population based on age group are key contributors to the market growth.

The industry key players are involved in manufacturing novel IV catheter devices which also enhance the product portfolio. Launching new products is essential for transforming the market, offering novel strategies, and addressing unmet needs in patient care. With the goal of improving patient outcomes and streamlining healthcare procedures, these innovative products frequently combine cutting-edge technologies, increased safety measures, and enhanced functionality.

In November 2023, BD launched new needle-free blood collection equipment that is suitable with integrated catheters. The U.S. FDA has granted the PIVO (Peripherally Inserted Vascular Output device) Needle-Free Blood Collection device received 510(k) approval. The design developments of the devices enable it to be the first and only needle-free blood collection device that is compatible with both integrated and long peripheral intravenous catheters, such as the NexivaTM closed intravenous catheter system with NearPortTM intravenous access. This enhances the PIVO functionality that has been provided since 2017 with conventional short peripheral IV catheters.

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Intravenous Catheters Market Report Highlights

  • Based on type, peripheral catheters segment dominated the market in 2023 with a share of 41.23% owing to the cost-effectiveness, ease of insertion and low risk of complications

  • The hospital pharmacies segment held 53.38% of the market share in 2023. The increasing number of patients being admitted to hospitals due to surgeries, therapies, and treatments is expected to increase the demand for intravenous catheters in the near future

  • North America dominated the regional market with the highest revenue share of 32.46% in 2023 owing to high incidence rate of neurological disease, infections, and urological diseases in this region

Intravenous Catheters Market Segmentation

Grand View Research has segmented the global intravenous catheters market based on type, end-use, and region:

Intravenous Catheters Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Peripheral Catheters

  • Midline Peripheral Catheters

  • Central Venous Catheters

Intravenous Catheters End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Hospital Pharmacies

  • Retail Pharmacies

  • Others

Intravenous Catheters Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Thailand

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • UAE

    • South Africa

    • Kuwait

List of Key Players in Intravenous Catheters Market

  • Boston Scientific Corporation

  • BD

  • B. Braun SE

  • Mediplus India Ltd

  • Sterimed Group

  • Medilivescare Manufacturing Pvt. Ltd.

  • Angiplast Pvt Ltd.

  • Teleflex Incorporated

  • Terumo Medical Corporation

  • Nipro Europe Group Companies

  • Cook

  • ICU Medical, Inc.

  • TuCann Medical

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.