Persistence Market Research has recently released a comprehensive report on the global IV Equipment Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.
Key Insights:
IV Equipment Market Size (2024E): US$ 14.8 Bn
Projected Market Value (2031F): US$ 23.1 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 6.6%
IV Equipment Market - Report Scope:
The IV equipment market includes various products used in intravenous therapies, including IV catheters, infusion pumps, securement devices, drip chambers, and needleless connectors. The market is fueled by the increasing need for surgical procedures driven by an aging population suffering from chronic diseases, particularly in developed regions. Additionally, strong economic growth in regions like Latin America and APEJ is expected to offer significant opportunities for companies in the IV equipment market. Despite the promising outlook, challenges such as rising medication errors and stringent regulatory requirements remain obstacles.
Market Growth Drivers:
Several factors are driving the growth of the global IV equipment market, including the ageing population and the growing prevalence of chronic diseases, leading to a higher demand for surgical procedures and IV therapy. The adoption of advanced medical technologies and the development of efficient and safer infusion devices are further contributing to market growth. Additionally, strong economic growth in regions such as Latin America and APEJ presents new opportunities for companies to expand their footprint.
Market Restraints:
Despite strong growth prospects, the IV equipment market faces challenges such as rising medication errors, regulatory hurdles for new equipment approval, and the absence of wireless connectivity in surgical centers and hospitals. These factors may hinder the widespread adoption and growth of IV equipment in certain regions, particularly where healthcare infrastructure is less advanced.
Market Opportunities:
The IV equipment market presents significant opportunities, particularly in the Asia Pacific, Europe, and Latin America regions. As these regions experience economic growth, there is an increasing demand for advanced healthcare services and better medical infrastructure. The growing number of hospitals, clinics, and ambulatory care centers in these regions is expected to drive demand for IV equipment. Additionally, innovations in IV equipment, such as the development of more efficient and user-friendly infusion pumps and catheters, are expected to open new avenues for market growth.
Key Questions Answered in the Report:
What are the primary factors driving the growth of the IV equipment market?
Which regions and market segments are witnessing the highest adoption of IV equipment?
How are advancements in medical technologies influencing the competitive landscape of the market?
Who are the leading players in the IV equipment market, and what strategies are they employing to maintain their market positions?
What are the emerging trends and future prospects in the global IV equipment market?
Competitive Intelligence and Business Strategy:
Leading companies in the global IV equipment market, including Becton, Dickinson and Company, B. Braun Melsungen AG, and Fresenius SE & Co. KGaA, are focusing on technological innovation, product differentiation, and strategic partnerships to maintain a competitive edge. These companies are investing heavily in R&D to enhance the quality and performance of IV equipment, expanding their product portfolios and improving user experience. Collaborations with healthcare providers and investment in emerging markets are essential for gaining wider market reach. Focused marketing strategies, regulatory compliance, and the development of advanced infusion pumps and catheters are key for sustaining leadership in this rapidly evolving market.
Key Companies Profiled:
Becton, Dickinson and Company
B. Braun Melsungen AG
Fresenius SE & Co. KGaA
Baxter International Inc.
Smiths Group
ICU Medical
C. R. Bard
Terumo Corporation
Moog Inc.
AngioDynamics
Others
IV Equipment Market Segmentation:
By Product Type:
IV Catheters
Infusion Pumps
Securement Devices
Drip Chambers
Other IV Equipment
Stopcocks & Check Valves
Administration Sets
Needleless Connectors
By End User:
Hospitals
Clinics
Home Care Settings
Ambulatory Care Centers
By Region:
North America
Latin America
Europe
Japan
APEJ
MEA
Table of Contents
1. Executive Summary
2. Global IV Equipment Market Overview
2.1. Introduction
2.1.1. Global IV Equipment Market Taxonomy
2.1.2. Global IV Equipment Market Definition
2.2. Global IV Equipment Market Size (US$ Bn) and Forecast, 2024-2031
2.2.1. Global IV Equipment Market Y-o-Y Growth
2.3. Global IV Equipment Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Regulations
2.7. Raw Material Sourcing & Strategy
2.8. Pricing Analysis
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global IV Equipment Market Analysis and Forecast By Product Type
3.1. Global IV Equipment Market Size and Forecast By Product Type, 2024-2031
3.1.1. IV Catheters Market Size and Forecast, 2024-2031
3.1.1.1. Revenue (US$ Bn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Administration Sets Market Size and Forecast, 2024-2031
3.1.2.1. Revenue (US$ Bn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Infusion Pumps Market Size and Forecast, 2024-2031
3.1.3.1. Revenue (US$ Bn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Securement Devices Market Size and Forecast, 2024-2031
3.1.4.1. Revenue (US$ Bn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. Stopcocks & Check Valves Market Size and Forecast, 2024-2031
3.1.5.1. Revenue (US$ Bn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region
3.1.6. Drip Chambers Market Size and Forecast, 2024-2031
3.1.6.1. Revenue (US$ Bn) Comparison, By Region
3.1.6.2. Market Share Comparison, By Region
3.1.6.3. Y-o-Y growth Comparison, By Region
3.1.7. Needleless Connectors Market Size and Forecast, 2024-2031
3.1.7.1. Revenue (US$ Bn) Comparison, By Region
3.1.7.2. Market Share Comparison, By Region
3.1.7.3. Y-o-Y growth Comparison, By Region
3.1.8. Other IV Equipment Market Size and Forecast, 2024-2031
3.1.8.1. Revenue (US$ Bn) Comparison, By Region
3.1.8.2. Market Share Comparison, By Region
3.1.8.3. Y-o-Y growth Comparison, By Region
4. Global IV Equipment Market Analysis and Forecast By End User
4.1. Global IV Equipment Market Size and Forecast By End User, 2024-2031
4.1.1. Hospitals Market Size and Forecast, 2024-2031
4.1.1.1. Revenue (US$ Bn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Clinics Market Size and Forecast, 2024-2031
4.1.2.1. Revenue (US$ Bn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Home Care Settings Market Size and Forecast, 2024-2031
4.1.3.1. Revenue (US$ Bn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Ambulatory Care Centers Market Size and Forecast, 2024-2031
4.1.4.1. Revenue (US$ Bn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
5. Global IV Equipment Market Analysis and Forecast By Region
5.1. Global IV Equipment Market Size and Forecast, 2024-2031
5.1.1. North America IV Equipment Market Size and Forecast, 2024-2031
5.1.1.1. Revenue (US$ Bn) Comparison, By Product Type
5.1.1.2. Revenue (US$ Bn) Comparison, By End User
5.1.2. Latin America IV Equipment Market Size and Forecast, 2024-2031
5.1.2.1. Revenue (US$ Bn) Comparison, By Product Type
5.1.2.2. Revenue (US$ Bn) Comparison, By End User
5.1.3. Europe IV Equipment Market Size and Forecast, 2024-2031
5.1.3.1. Revenue (US$ Bn) Comparison, By Product Type
5.1.3.2. Revenue (US$ Bn) Comparison, By End User
5.1.4. Japan IV Equipment Market Size and Forecast, 2024-2031
5.1.4.1. Revenue (US$ Bn) Comparison, By Product Type
5.1.4.2. Revenue (US$ Bn) Comparison, By End User
5.1.5. APEJ IV Equipment Market Size and Forecast, 2024-2031
5.1.5.1. Revenue (US$ Bn) Comparison, By Product Type
5.1.5.2. Revenue (US$ Bn) Comparison, By End User
5.1.6. MEA IV Equipment Market Size and Forecast, 2024-2031
5.1.6.1. Revenue (US$ Bn) Comparison, By Product Type
5.1.6.2. Revenue (US$ Bn) Comparison, By End User
6. North America IV Equipment Market Analysis and Forecast, By Country, 2024-2031
6.1. US IV Equipment Market Size and Forecast, 2024-2031
6.1.1. Revenue (US$ Bn) Comparison, By Product Type
6.1.2. Revenue (US$ Bn) Comparison, By End User
6.2. Canada IV Equipment Market Size and Forecast, 2024-2031
6.2.1. Revenue (US$ Bn) Comparison, By Product Type
6.2.2. Revenue (US$ Bn) Comparison, By End User
7. Latin America IV Equipment Market Analysis and Forecast, By Country, 2024-2031
7.1. Brazil IV Equipment Market Size and Forecast, 2024-2031
7.1.1. Revenue (US$ Bn) Comparison, By Product Type
7.1.2. Revenue (US$ Bn) Comparison, By End User
7.2. Mexico IV Equipment Market Size and Forecast, 2024-2031
7.2.1. Revenue (US$ Bn) Comparison, By Product Type
7.2.2. Revenue (US$ Bn) Comparison, By End User
7.3. Argentina IV Equipment Market Size and Forecast, 2024-2031
7.3.1. Revenue (US$ Bn) Comparison, By Product Type
7.3.2. Revenue (US$ Bn) Comparison, By End User
8. Europe IV Equipment Market Analysis and Forecast, By Country, 2024-2031
8.1. Germany IV Equipment Market Size and Forecast, 2024-2031
8.1.1. Revenue (US$ Bn) Comparison, By Product Type
8.1.2. Revenue (US$ Bn) Comparison, By End User
8.2. UK IV Equipment Market Size and Forecast, 2024-2031
8.2.1. Revenue (US$ Bn) Comparison, By Product Type
8.2.2. Revenue (US$ Bn) Comparison, By End User
8.3. France IV Equipment Market Size and Forecast, 2024-2031
8.3.1. Revenue (US$ Bn) Comparison, By Product Type
8.3.2. Revenue (US$ Bn) Comparison, By End User
8.4. Spain IV Equipment Market Size and Forecast, 2024-2031
8.4.1. Revenue (US$ Bn) Comparison, By Product Type
8.4.2. Revenue (US$ Bn) Comparison, By End User
8.5. Italy IV Equipment Market Size and Forecast, 2024-2031
8.5.1. Revenue (US$ Bn) Comparison, By Product Type
8.5.2. Revenue (US$ Bn) Comparison, By End User
8.6. Nordic IV Equipment Market Size and Forecast, 2024-2031
8.6.1. Revenue (US$ Bn) Comparison, By Product Type
8.6.2. Revenue (US$ Bn) Comparison, By End User
9. Japan IV Equipment Market Analysis and Forecast, By Country, 2024-2031
9.1. Japan IV Equipment Market Size and Forecast, 2024-2031
9.1.1. Revenue (US$ Bn) Comparison, By Product Type
9.1.2. Revenue (US$ Bn) Comparison, By End User
10. APEJ IV Equipment Market Analysis and Forecast, By Country, 2024-2031
10.1. China IV Equipment Market Size and Forecast, 2024-2031
10.1.1. Revenue (US$ Bn) Comparison, By Product Type
10.1.2. Revenue (US$ Bn) Comparison, By End User
10.2. India IV Equipment Market Size and Forecast, 2024-2031
10.2.1. Revenue (US$ Bn) Comparison, By Product Type
10.2.2. Revenue (US$ Bn) Comparison, By End User
10.3. Malaysia IV Equipment Market Size and Forecast, 2024-2031
10.3.1. Revenue (US$ Bn) Comparison, By Product Type
10.3.2. Revenue (US$ Bn) Comparison, By End User
10.4. Thailand IV Equipment Market Size and Forecast, 2024-2031
10.4.1. Revenue (US$ Bn) Comparison, By Product Type
10.4.2. Revenue (US$ Bn) Comparison, By End User
10.5. Singapore IV Equipment Market Size and Forecast, 2024-2031
10.5.1. Revenue (US$ Bn) Comparison, By Product Type
10.5.2. Revenue (US$ Bn) Comparison, By End User
10.6. Australia IV Equipment Market Size and Forecast, 2024-2031
10.6.1. Revenue (US$ Bn) Comparison, By Product Type
10.6.2. Revenue (US$ Bn) Comparison, By End User
11. MEA IV Equipment Market Analysis and Forecast, By Country, 2024-2031
11.1. GCC Countries IV Equipment Market Size and Forecast, 2024-2031
11.1.1. Revenue (US$ Bn) Comparison, By Product Type
11.1.2. Revenue (US$ Bn) Comparison, By End User
11.2. South Africa IV Equipment Market Size and Forecast, 2024-2031
11.2.1. Revenue (US$ Bn) Comparison, By Product Type
11.2.2. Revenue (US$ Bn) Comparison, By End User
11.3. Nigeria IV Equipment Market Size and Forecast, 2024-2031
11.3.1. Revenue (US$ Bn) Comparison, By Product Type
11.3.2. Revenue (US$ Bn) Comparison, By End User
11.4. Israel IV Equipment Market Size and Forecast, 2024-2031
11.4.1. Revenue (US$ Bn) Comparison, By Product Type
11.4.2. Revenue (US$ Bn) Comparison, By End User
12. Global IV Equipment Market Company Share, Competition Landscape and Company Profiles