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The Worldwide Intravenous Equipment Market is Projected to reach USD 21.9 Billion by 2030, at a CAGR of 5.6%

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Intravenous Equipment Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Intravenous Equipment Market size is expected to reach $21.9 billion by 2030, rising at a market growth of 5.6% CAGR during the forecast period.

The IV catheters segment is leading the Global Intravenous Equipment Market by Product Type in 2022: thereby, achieving a market value of $12.3 billion by 2030. IV catheters are reliable for delivering drugs, nutritional fluids, and blood products. The segmental expansion will be driven by increased demand for short-closed PIVCs (peripheral I.V. catheters). In emergency situations, such as trauma, severe dehydration, or critical medical conditions, IV catheters provide a way to deliver lifesaving treatments rapidly.

The Homecare Settings segment would register a CAGR of 6.5% during (2023 - 2030). The growth of the segment can be attributed to factors like patients' rising preference for receiving medical care in the convenience of their own homes and the affordability of home-based care. Growing acceptance and investment in intravenous equipment designed for use in home environments are the results of the move toward homecare settings.

The North America region dominated the Global Intravenous Equipment Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $8.0 billion by 2030. The Europe market is poised to grow at a CAGR of 5.2% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 6.4% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/intravenous-equipment-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of AngioDynamics, Inc., B. Braun Melsungen AG, ICU Medical, Inc., 3M Company, Teleflex, Inc., Terumo Corporation, Baxter International, Inc., Becton, Dickinson and Company, Vygon and Poly Medicure Limited

Global Intravenous Equipment Market Segmentation

By Product Type

  • IV catheters
  • Infusion Pumps
  • Administration Sets
  • Needleless Connectors
  • Others

By End User

  • Hospitals & Clinics
  • Homecare Settings
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • AngioDynamics, Inc.
  • B. Braun Melsungen AG
  • ICU Medical, Inc.
  • 3M Company
  • Teleflex, Inc.
  • Terumo Corporation
  • Baxter International, Inc.
  • Becton, Dickinson and Company
  • Vygon
  • Poly Medicure Limited

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