IV Equipment Market Size, Share & Trends Analysis, by Product (IV Catheters, Administration Sets), End-Use (Hospitals & Clinics, Home Care), and Region (Asia Pacific, Europe), and Segment, Forecast Period-2022 – 2028

Report ID - MRC_590 | Pages - 261 | Category - Industry Services

IV Equipment Market Insights

IV Equipment Market is projected to be worth USD 20.78 Billion by 2028, registering a CAGR of 6.2 % during the forecast period (2022-2028), the market was valued at USD 13.64 Billion in 2021. IV catheters dominate the product segment the dominance is attributed to the rising application of IV catheters in drawing blood and giving treatments. Hospitals are leading the end-user segment the growth is attributed to the rising application of IV equipment. North America holds the largest market share of the global IV equipment market due to increasing hospital infrastructure, and the rising prevalence of chronic diseases.

IV equipment is used to deliver fluids directly into the vein. The IV is the fastest route for drug administration, and fluid due to the absence of first-pass metabolism via the liver. These equipment are used for blood transfusions, diagnostics tests, sample collections, and others.

IV Equipment Market Dynamics

Driver:

An increasing number of surgeries and a rising geriatric population are major factors driving the IV equipment market growth.

Restraints:

High cost and maintenance of IV equipment are restraining the market growth.

Opportunity:

Increasing blood transfusion and prevalence of chronic diseases are providing profitable opportunities to the IV equipment market.

COVID-19 Analysis of IV Equipment Market:

The detrimental effects of COVID-19’s global expansion on numerous countries have shocked governments around the world, prompting them to act decisively to stop COVID-19. The first strain of Coronavirus was identified in Wuhan, China in December 2019 which affected the entire world. On a rise in infection across various nations, around 212 countries were infected by the pandemic. Most companies in numerous nations have been severely impacted by the global crisis COVID-19 pandemic. Import-export limitations that caused delays and disturbances at foreign borders harmed the IV equipment market as well. The IV equipment market supply chain faced numerous obstacles as a result of restrictions on the mobility of persons and goods. Hence, overall, the IV equipment market has observed a severe impact on the economy.

IV Equipment Market Report Coverage

Report AttributesReport Details
Study Timeline2016-2028
Market Size in 2028 (USD Billion)20.78
CAGR (2022-2028)6.2 %
By ProductIV Catheters, Administration Sets, Infusion Pumps, Securement Devices, Stopcocks & Check Valves, Drip Chambers, Needleless Connectors, Other IV Equipment
By End-Use Hospitals & Clinics, Home Care, Ambulatory Care Centers
By geographyNorth America: U.S., Canada, Mexico

Europe: Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe

Asia Pacific: China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific

Latin America: Brazil, Argentina, Chile, Rest of Latin America

The Middle East and Africa: GCC, Turkey, Israel, Rest of MEA

IV Equipment Market Segmental Analysis:

By Product

The product segment includes IV catheters, infusion pumps, administration sets, stopcocks & check valves, securement devices, needleless connectors, drip chambers, and others. IV catheters dominate the product segment of the IV equipment market. The dominance is attributed to the rising application of IV catheters in drawing blood and giving treatments which include intravenous drugs or fluids, and blood transfusions.

iv equipment market by product

End-User

The end-user segment is divided into hospitals & clinics, home care, and ambulatory care centers. Hospitals are leading the end-user segment of the IV equipment market. The growth is attributed to the rising application of IV equipment such as cannula, hypodermic needles, and others in hospitals. Moreover, the expanding hospitals globally is also a major factor contributing to the growth of the IV equipment market growth.

iv equipment market by end use

By Region

The region segment is divided into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. North America holds the largest market share of the global IV equipment market in 2021. Increasing hospital infrastructure, rising prevalence of chronic diseases, surging geriatric population in the U.S, and Canada are driving the regional IV equipment market.

IV Equipment Market Competitive Landscape:

The IV equipment market includes various Key players and is strengthened by the execution of various business strategies such as mergers, acquisitions, partnerships, product launches, expansion of manufacturing facilities, and others.  The key players operating in the IV equipment market are as follows.

Key Players

  • Braun Melsungen AG
  • ICU Medical, Inc.
  • Fresenius SE & Co. KGaA
  • Baxter International Inc.
  • Smiths Medical
  • R. Bard, Inc.
  • Terumo Corporation
  • Moog, Inc.
  • AngioDynamics, Inc.

Table of Content

  1. Introduction
    • Market Introduction
    • Market Research Methodology
      • Research Process
      • Primary Research
      • Secondary Research
      • Data Collection Technique
      • Data Sources
    • Market Estimation Methodology
      • Limitations of the Study
    • Product Picture of IV Equipment
    • Global IV Equipment Market: Classification
    • Geographic Scope
    • Years Considered for the Study
    • Research Methodology in brief
    • Parent Market Overview
    • Overall IV Equipment Market Regional Demand
    • Research Programs/Design
    • Market Breakdown and Data Triangulation Approach
    • Data Source
    • Secondary Sources
    • Primary Sources
    • Primary Interviews
    • Average primary breakdown ratio
  2. Market Dynamics
    • Drivers
      • Drivers
    • Restraints
      • Restraints
    • Opportunity
      • Impact forces on market dynamics
      • Impact forces during the forecast years
    • Industry Value Chain
      • Upstream analysis
      • Downstream analysis
      • Distribution Channel
      • Direct Channel
      • Indirect Channel
    • Potential Customers
    • Manufacturing/Operational Cost Analysis
    • Pricing Analysis by Region
    • Key Technology Landscape
    • Regulatory Analysis
    • Porter’s Analysis
      • Supplier Power
      • Buyer Power
      • Substitution Threat
      • Threat from New Entry
      • Competitive Rivalry
    • PESTEL Analysis
    • Political Factors
    • Economic Factor
    • Social Factors
    • Technological Factor
    • Environmental Factors
    • Legal Factor
    • Covid-19 impact on Global Economy
    • Covid-19 impact on IV Equipment demand
    • Post-Covid Impact on IV Equipment Market Demand
    • Impact Analysis of Russia-Ukraine Conflict
  3. Global IV Equipment Market Segmentation, by Volume (Units) & Revenue (USD Billion), (2022-2030)
    • By Product
      • IV Catheters
      • Administration Sets
      • Infusion Pumps
      • Securement Devices
      • Stopcocks & Check Valves
      • Drip Chambers
      • Needleless Connectors
      • Other IV Equipment
    • By End Use
      • Hospitals & Clinics
      • Home Care
      • Ambulatory Care Centers
  1. Global IV Equipment Market Overview, By Region
    • North America IV Equipment Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
      • US
        • By Product
        • By End Use
      • Canada
      • Mexico
    • Europe IV Equipment Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
      • France
      • UK
      • Spain
      • Russia
      • Italy
      • BENELUX
    • Asia Pacific IV Equipment Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
      • China
      • Japan
      • Australia
      • South Korea
      • India
      • ASEAN
  1. Latin America IV Equipment Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
    • Brazil
    • Argentina
    • Chile
  2. Middle East and Africa IV Equipment Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
    • GCC
    • Turkey
    • South Africa
  3. Global IV Equipment Market Revenue: Competitive Analysis, 2021
    • Key strategies by players
    • Revenue (USD Billion and %), By manufacturers, 2021
    • Player Positioning by Market Players, 2021
  4. Competitive Analysis
    • Braun Melsungen AG
      • Business Overview
      • Business Financials (USD Million)
      • Product Category, Type, and Specification
      • Main Business/Business Overview
      • Geographical Analysis
      • Recent Development
      • Swot Analysis
    • ICU Medical, Inc.
    • Fresenius SE & Co. KGaA
    • Baxter International Inc.
    • Smiths Medical
    • Bard, Inc.
    • Terumo Corporation
    • Moog, Inc.
    • AngioDynamics, Inc.
  1. Market Research Findings & Conclusion

Disclaimer

Research Methodology

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