Global Peripheral IV Catheters Market
Healthcare Services

Peripheral IV Catheters Market Forecast Reaching $8.36 Billion by 2029 at 9.6% CAGR

Discover trends, market shifts, and competitive outlooks for the peripheral iv catheters industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#What Are the Key Milestones in the Peripheral IV Catheters Market’s Growth Trajectory From 2025 To 2034?

The market size for peripheral iv catheters has seen impressive growth in the past years. The projection for its growth is from $5.43 billion in 2024 to $5.79 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%. Factors such as the expansion of healthcare facilities, an aging population and the prevalence of chronic illnesses, along with surgical and medical procedures, increased hospital admissions, and the need for vascular access devices have contributed to the growth witnessed during the historic period.

Substantial growth is projected in the peripheral iv catheters market over the next few years, with it expected to reach a size of $8.36 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. Various factors contributing to this growth for the forecast period include the use of smaller and less invasive methods and catheters, a focus on preventing catheter-related bloodstream infections, the expansion of home healthcare, and the inclusion of antimicrobial coatings. Future trends expected over the forecast period include the use of ultrasound-guided techniques for inserting peripheral iv catheters, less complications and catheter failure, the usage of wireless communication for monitoring catheter, treating patients at the center of catheter care, and a shift towards one-time use catheters.

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Which Major Market Drivers Are Expected to Boost the Growth Potential of the Peripheral IV Catheters Market?

The escalating occurrence of chronic conditions is predicted to drive the growth of the peripheral IV catheters market. These peripheral intravenous catheters are frequently utilized in managing a variety of chronic diseases including cancer, cardiovascular diseases, and more. For example, in March 2022, the Australian Bureau of Statistics reported that nearly half of the population (46.6% or 11.6 million) suffered from at least one chronic disease. The most common ongoing health issues were mental and behavioral disorders (20.1%), back pain (15.7%), and arthritis (12.5%). Consequently, the escalating occurrence of chronic diseases is projected to stimulate the peripheral IV catheters market’s growth.

Which Key Market Segments Comprise the Peripheral IV Catheters Market and Drive Its Revenue Growth?

The peripheral iv catheters market 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 Areas Are Leading Regions in the Peripheral IV Catheters Market Expansion Across the Globe?

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.

What Are the Key Market Trends in thePeripheral IV Catheters Market Over the Coming Years?

Innovations in technology are influencing the peripheral IV catheters market. Numerous businesses in the sector are producing new items to offer advanced technical products to their customers. B. Braun Medical, a US infusion therapy firm, introduced the new Introcan Safety 2 IV catheter with exclusive one-time blood control. This new offering makes IV access safer for healthcare providers by minimizing the possibility of needlestick injuries.

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How Is the Peripheral IV Catheters Market Conceptually Defined?

Peripheral IV catheters refer to a thin, flexible tube that is placed into a vein to deliver medications and nutritional supplements. Peripheral intravenous catheters (PIVCs) are used for therapeutic purposes such as the administration of medications, fluids, or blood products, as well as blood sampling.

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