The Road Ahead for the Intravenous Fluid Transfer Drug Devices Market: Key Growth Trends and Opportunities to Watch
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What CAGR is Anticipated for the Intravenous Fluid Transfer Drug Devices Market During the Forecast Period, and Why?
The market size for devices used in intravenous fluid transfer drugs has experienced considerable expansion in the preceding years. It is expected to increase from $7.38 billion in 2024 to $7.85 billion in 2025, representing a compound annual growth rate (CAGR) of 6.4%. Factors contributing to the growth during the historic period include a surge in demand for effective medical supply solutions, expansion of healthcare infrastructure, an upsurge in surgeries that necessitate IV assistance, policy modifications, bolstered healthcare infrastructure, and a rise in the introduction of new drugs that require accurate administration.
The market size for drug devices facilitating intravenous fluid transfer is predicted to experience substantial growth within the upcoming years. The market is projected to expand to $9.96 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 6.1%. The anticipated expansion throughout the forecast period can be linked to an increased demand for portable appliances, enhanced expenditure on high-tech medical tools, surge in the need for economical healthcare options, and growth of non-hospital treatment environments. Notable trends expected within the forecast duration include the integration of intelligent technologies, the uptake of automated intravenous fluid transfer systems, improvements in safety specifications to lessen medication mistakes, and the utilization of devices compatible with remote monitoring systems.
What Factors Are Propelling the Growth of the Intravenous Fluid Transfer Drug Devices Market from 2025 to 2034?
The growth of the intravenous fluid transfer drug device market is predicted to be fuelled by an increasing hospitalization rate. This surge in hospitalizations can be attributed to factors including an aging society, widespread chronic diseases, advancements in diagnostics, easier healthcare access, lifestyle-related ailments, and progression in medical technology. Fluid transfer systems are essential for the meticulous and controlled delivery of fluids and medical treatments directly into a patient’s bloodstream while they are in hospital. For example, a report by the American Hospital Association (AHA), a U.S-based organization that represents hospitals and healthcare networks, showed that in May 2023, the total admissions across all hospitals in the U.S were 34,011,386. This was an increase from the 33,356,853 admissions in the previous year, 2022. Consequently, the uptrend in hospitalizations is set to stimulate the growth of the intravenous fluid transfer drug device market.
Explore Comprehensive Insights Into The Global Intravenous Fluid Transfer Drug Devices Market With A Free Sample Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19535&type=smp
Which Companies Are Poised to Shape the Future of the Intravenous Fluid Transfer Drug Devices Market?
Major companies operating in the intravenous fluid transfer drug devices market are Cardinal Health Inc., 3M Company, Medtronic plc, Becton, Dickinson and Company, Baxter International Inc., B. Braun Holding GmbH & Co. KG, Fresenius Kabi AG, Mindray Medical International Limited, Nipro Corporation, Moog Inc., West Pharmaceutical Services Inc., ICU Medical Inc., Insulet Corporation, Merit Medical Systems Inc., Avanos Medical Inc., Vygon SAS, NxStage Medical Inc., AngioDynamics Inc., Elcam Medical Inc., InfuSystem Holdings Inc., CODAN US Corporation, Zyno Medical LLC, Sippex, Arcomed AG
What Are the Latest Innovations and Trends Influencing the Intravenous Fluid Transfer Drug Devices Market?
Notable corporations within the intravenous fluid drug transfer device market are innovating modular and all-inclusive infusion systems equipped with auto-identification features to bolster precision, promote safety of patients, and simplify the administration of medications and fluids. These infusion systems have the capability to automatically match and verify medications to the intended patient with either RFID technology or barcode scanning. For instance, in July 2023, Becton, Dickinson, and Company, a company specializing in medical devices from the United States, attained FDA 510(k) approval for the revised version of their BD Alaris Infusion System. This updated version of the BD Alaris Infusion System comprises restructured hardware for its Point-of-Care Unit (PCU), like large volume pumps, syringe pumps, PCA pumps, respiratory monitoring, and auto-identification modules. It further incorporates an upgraded software version that comes with enhanced features for cybersecurity and interoperability, enabling effortless incorporation with prevalent electronic medical record (EMR) systems, thus advocating for digital, interconnected healthcare.
Secure Your Global Intravenous Fluid Transfer Drug Devices Market Report Now for Fast and Efficient Delivery!
Which Market Segments Are Driving Strategic Growth and Trends in the Intravenous Fluid Transfer Drug Devices Market?
The intravenous fluid transfer drug devicesmarket covered in this report is segmented –
1) By Type: Infusion Bags, Infusion Devices, Other Types
2) By Application: Autoimmune Diseases, Blood Disorders, Cardiovascular Disorders, Neurology, Oncology, Other Applications
3) By End-Use Sector: Hospitals, Specialized Clinics, Other End-Use Sectors
Subsegments:
1) By Infusion Bags: PVC Infusion Bags, Non-PVC Infusion Bags, Pre-Filled Infusion Bags, Multi-Chamber Infusion Bags, IV Fluid Administration Bags
2) By Infusion Devices: Infusion Pumps, Syringe Pumps, Ambulatory Infusion Pumps, Gravity Infusion Devices, Smart Infusion Devices
3) By Other Types: IV Sets And Accessories, IV Catheters, Needleless Connectors, Flow Regulators, Pressure Infusion Devices.
What Regions Are Contributing Significantly to the Growth of the Intravenous Fluid Transfer Drug Devices Market?
North America was the largest region in the intravenous fluid transfer drug devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intravenous fluid transfer drug devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Definition of the Intravenous Fluid Transfer Drug Devices Market Impacting Future Growth?
Intravenous fluid transfer drug devices are tools used to deliver fluids and medications directly into a patient’s bloodstream via an intravenous line. The device ensures efficient, controlled, and immediate administration of treatments, which is crucial for hydration, medication delivery, and critical care. These devices are designed to prevent contamination of both the medication and the IV fluid, maintaining sterility and reducing the risk of infection.
Browse Through More Similar Reports By The Business Research Company:
Antiglaucoma Drugs Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/antiglaucoma-drugs-global-market-report
Drug Device Combination Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/drug-device-combination-global-market-report
Insulin Drugs Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/insulin-drugs-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
