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What Is The Projected Increase In Market Value Of The Peripheral IV Catheters Market During 2026–2030?
The peripheral iv catheters market has experienced substantial growth in recent years. It is forecast to expand from $5.74 billion in 2025 to $6.29 billion in 2026, progressing at a compound annual growth rate (CAGR) of 9.5%. Historically, this growth can be ascribed to a high incidence of hospital-acquired infections, continued reliance on conventional IV catheters, an increasing patient population needing IV access, restricted availability of advanced safety catheters, and a fragmented healthcare infrastructure.
The peripheral iv catheters market size is anticipated to undergo significant expansion in the coming years, with projections indicating it will reach $9.01 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 9.4%. This growth during the forecast period stems from advancements in safety iv catheter technologies, the increasing embrace of smart and antimicrobial catheters, the broadening scope of home healthcare services, a rising preference for integrated/closed iv systems, and the increasing demand for minimally invasive therapy administration. Dominant trends expected within this period involve the expanding adoption of AI-based catheter insertion guidance systems, an uptick in the use of cloud-based patient monitoring for iv therapy, ongoing development of antimicrobial and smart catheters, greater integration of IoT-enabled devices for iv monitoring, and the growing implementation of smart manufacturing processes for peripheral iv catheters.
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What Major Factors Are Driving The Peripheral IV Catheters Market Forward?
The growing incidence of chronic diseases is anticipated to stimulate the expansion of the peripheral IV catheters market. These catheters are frequently employed in treating various long-term conditions such as cancer and cardiovascular ailments. The surge in chronic diseases is largely a consequence of increasingly sedentary lifestyles, which diminish physical activity and foster conditions leading to chronic illness. Peripheral IV catheters facilitate chronic disease management by offering prompt and dependable access for delivering continuous medications, fluids, or treatments necessary for controlling persistent health issues. For example, by 2025, according to the Northern Arizona Medical Group, a US-based healthcare provider, it is predicted that almost three-quarters of the global populace will experience at least one chronic illness, with its prevalence steadily climbing. In the United States, around 76.4% of adults reported having a minimum of one chronic condition in 2023, and 51.4% had two or more. Consequently, the rising occurrence of chronic diseases is expected to fuel the growth of the peripheral IV catheters market.
What Segment Categories Shape The Peripheral IV Catheters Market Segment Landscape?
The peripheral iv catheters market covered in this report is segmented –
1) By Product Type: Short Peripheral Intravenous Catheters, Integrated Or 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 Or Closed Peripheral Intravenous Catheters (PIVC): Safety Catheters, Antimicrobial Catheters, Smart Catheters
Which Trends Are Impacting The Progress Of The Peripheral IV Catheters Market?
Leading companies in the peripheral IV catheter market are concentrating on developing innovative products, such as the multi-access blood control septum, which facilitates multiple connections at the catheter hub without any blood leakage and without requiring manual vein occlusion. A multi-access blood control septum refers to a valve incorporated into the hub of certain IV catheters, designed to automatically halt blood flow whenever the catheter hub is accessed. For instance, in July 2024, B. Braun Melsungen AG, a Germany-based pharmaceutical device company focused on infusion therapy, announced that the U.S. Food and Drug Administration (FDA) granted approval to its Introcan Safety® 2 Deep Access IV Catheter. This product, a multi-access blood control septum, is specifically engineered to prevent blood leakage during hub access, eliminate the need for manual vein occlusion, and maintain a closed system that enhances clinician safety. Additionally, it also minimizes contamination risk during subsequent line connections and disconnections.
Who Are The Companies Operating Across The Peripheral IV Catheters Market Value Chain?
Major companies operating in the peripheral iv catheters market are Becton, Dickinson 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.
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Which Geographic Region Dominates The Peripheral IV Catheters Market?
North America was the largest region in the peripheral IV catheters market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the peripheral iv catheters market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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