Global Peripheral IV Catheters Market
Healthcare Services

Peripheral IV Catheters Market Forecast and Insights: Exploring Growth Trends, Market Size, and Emerging Opportunities

2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

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

The increasing prevalence of chronic diseases is expected to propel the peripheral IV catheters market. Peripheral intravenous catheters are crucial in treating chronic conditions like cancer and cardiovascular diseases. For example, in March 2022, the Australian Bureau of Statistics reported that almost half of the Australian population had at least one chronic illness, with mental health issues, back pain, and arthritis being the most common. This rise in chronic diseases will drive the demand for peripheral IV catheters.

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What is the Predicted Annual Growth Rate of thePeripheral IV Catheters Market Impact Industry Trends by 2034?

The peripheral iv catheters market has demonstrated strong growth over recent years. It is expected to grow from $5.43 billion in 2024 to $5.79 billion in 2025, achieving a compound annual growth rate (CAGR) of 6.6%. The growth is driven by the increasing healthcare facilities, the aging population, the rise in chronic diseases, more medical and surgical procedures, as well as a higher demand for vascular access devices.

The peripheral IV catheters market is anticipated to grow steadily, reaching $8.36 billion by 2029 at a CAGR of 9.6%. This growth is fueled by the increased use of minimally invasive procedures, short peripheral catheters for outpatient care, preventing catheter-related bloodstream infections, expansion in home healthcare, and the integration of antimicrobial coatings. Key trends include ultrasound-guided insertion, reduced complications, wireless monitoring, patient-centered care, and a shift toward disposable catheters.

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

Major companies in the protein purification and isolation market are innovating advanced products, including earth-free permanent magnets. These magnets do not use rare-earth elements, such as neodymium or dysprosium, which are typically required for powerful magnets. For instance, in June 2024, Materials Nexus, a UK-based quantum mechanics company, launched MagNex, a rare-earth-free permanent magnet. This innovation reduces costs, mitigates supply chain risks, and provides environmental benefits, making it an advancement for industries like electric vehicles and renewable energy.

Who Are the Top Companies Driving Innovation and Growth in thePeripheral IV Catheters Market?

Major companies operating in the peripheral iv catheters market include 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 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 Regions Are Emerging as Leaders in the Peripheral IV Catheters Market?

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.

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