Global Intravenous Equipment
Market Report
2024
intravenous equipment market was valued at USD 13.11 billion in 2022 and will reach USD 22.05 billion by 2030, registering a CAGR of 6.7% for the forecast period of 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The global intravenous (IV) equipment market was valued at USD 13.11 billion in 2022 and will reach USD 22.05 billion by 2030, registering a CAGR of 6.7% for the forecast period of 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Intravenous Equipment Market Sales Revenue 2022 | $ 13.11 Billion |
Global Intravenous Equipment Market Sales Revenue 2030 | $ 22.05 Billion |
Global Intravenous Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
Market Split by Type |
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Market Split by End Users |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Intravenous Equipment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
IV equipment is widely used in healthcare centers. The intravenous route of administration can be used both for injections, using a syringe at higher pressures, and infusions, typically using only the pressure supplied by gravity. Intravenous therapy may be used for fluid volume replacement, correcting electrolyte imbalances, delivering medications, and blood transfusions, and rectification. IV route is known as one of the fastest routes of administration as the medication is directly injected into the body circulation by using this route.
The rise in the geriatric population across the world acts as one of the major factors which drive the growth of the IV equipment market. This is due to the rising population of chronic diseases among old age people. According to WHO, the worldwide share of the geriatric population has increased from 7.3% to 8.7% from the year 2005-2017 and is expected to continue reading 9.3% by 2020. This has increased the heavy burden on the healthcare industry, rising incidences of chronic disorders due to the aging population as well as the growing use of IV therapy in the treatment is expected to drive the growth of this IV equipment market in the coming years.
In chronic diseases, there is a need for vascular access treatment. Major chronic diseases include heart disorders, kidney failure, cancer, etc the population and various lifestyle disorders like diabetes, hypertension, depression, obesity, etc need care during hospital services which has increased the number of surgical procedures which boosts the IV equipment market.
Due to the advancement in technology, there have been various significant changes that have occurred in nursing care, especially in the intensive care unit.
The rise in the demand for ambulatory pumps owing to the growing home care sector accelerates lead to market growth.
Restraints:
Due to the increasing cost of intravenous equipment, the market restrains growth as this equipment is widely used in various procedures related to the healthcare supply of electrolytes inside the body, medicines, fluids, and others.
Impact of the COVID-19 Pandemic on the IV equipment market:
The Covid 19 has shown both positive as well as negative impacts on the IV equipment market
During the first few days of the pandemic, the IV equipment market experienced a negative impact on the IV market and it is due to the disturbance of the supply chain system and shortage of medicinal supply of the IV equipment. Whereas, on the other side, the manufacturing of IV equipment has grown its production activities to fulfill the covid 19 patients’ needs. Telemedicine and remote patient monitoring systems have resulted in the rising usage of household infusion therapy which has increased the growth of IV equipment during the pandemic.
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May 2019
B. Braun Medical Inc. announced a USD 1 billion investment in new, enhanced IV therapy manufacturing facilities to improve the reliability and productivity of vital IV fluids, which professionals in healthcare regularly adopt.
In 2019
Top Companies Market Share in Intravenous Equipment Industry: (In no particular order of Rank)
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North America held a major share of the global market:
Globally, the IV equipment market based on region is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The increasing number of patients suffering from various chronic disorders, the increase in the geriatric population as well as growing demand for home healthcare across North American countries are increasing the IV equipment market growth. The availability of healthcare facilities and the presence of key market players are also promoting the further growth of the IV equipment market in this region.
The current report Scope analyzes Intravenous Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Intravenous Equipment Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Intravenous Equipment Industry growth. Intravenous Equipment market has been segmented with the help of its Type, End Users , and others. Intravenous Equipment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
An IV catheter is expected to have a crucial share of the global market in 2022
The IV equipment market is divided into administration sets, catheters, infusion pumps, cannula stopcocks, hypodermic needles, drip chambers, needleless connectors, securement devices, and tourniquets. The increasing usage of IV catheters due to the rising of chronic disorders among patients as well as the increase in the number of surgical procedures worldwide is given rise to the segment growth. The increasing technological advancements in IV catheter devices are also increasing the market for IV catheter growth.
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The hospital holds the maximum share worldwide of the IV equipment market:
By end user, the IV equipment market is segmented into hospitals, home care settings, and clinics. Ambulatory care centers. The hospital segment holds the maximum share in the IV equipment market and is forecasted to witness a CAGR during the forecast period and this is due to a continuous increase in the flow of patients in the hospitals as well as clinics. As well as increasing government support through investments and policies, has equipped the hospitals with advanced IV equipment increasing the growth rate of the market segment.
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Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Intravenous Equipment Market is witnessing significant growth in the near future.
In 2023, the Administration sets segment accounted for noticeable share of global Intravenous Equipment Market and is projected to experience significant growth in the near future.
The Hospital segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies B. Braun Melsungen AG , Abbott and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Administration sets, Catheter, Infusion pumps, Cannula stopcock, Hypodermic needles, Drip chamber, Needleless connector, Securement device, Tourniquet |
End Users | Hospital, Home care setting, Clinics, Ambulatory care centers |
List of Competitors | B. Braun Melsungen AG, 3M Terumo Corporation, Abbott, Teleflex Incorporated BD, Henry Schein, Smiths Medical, Baxter, Ascor S.A, Moog Inc.AngioDynamics Medical Inc, Fresenius SE & Co. KGaA, Animas LLC, Armed AG, International WIN LTD, Metrix Company. |
This chapter will help you gain GLOBAL Market Analysis of Intravenous Equipment. Further deep in this chapter, you will be able to review Global Intravenous Equipment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End Users Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Intravenous Equipment market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Administration sets have a significant impact on Intravenous Equipment market? |
What are the key factors affecting the Administration sets and Catheter of Intravenous Equipment Market? |
What is the CAGR/Growth Rate of Hospital during the forecast period? |
By type, which segment accounted for largest share of the global Intravenous Equipment Market? |
Which region is expected to dominate the global Intravenous Equipment Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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