Peripheral intravenous catheters market
Peripheral Intravenous Catheter Market, By Product Type (Short PIVC (Ported PIVC, Non-ported PIVC), Integrated/Closed PIVC), By Technology (Conventional, Safety), By End User (Hospital, Clinics, Ambulatory Surgical Centers, Homecare Settings, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
- Oct 2023
- CMI3208
- 180 Pages
- Excel & Pdf
- Medical Devices
Global peripheral intravenous catheter market is estimated to be valued at US$ 7.4 Bn in 2023, and is expected to exhibit a CAGR of 8.3% during the forecast period (2023-2030).
Analysts’ Views on Global Peripheral Intravenous Catheter Market:
A peripheral intravenous catheter (PIVC) is a thin plastic tube that is inserted into a vein using a needle. Rising number of patient population suffering from chronic diseases such as cancer, diabetes, coronary artery disease, and others is expected to offer opportunity for various manufacturers to offer innovative peripheral intravenous catheter that allows surgeons to deliver the medicines more efficiently.
Figure 1. Global Peripheral Intravenous Catheter Market Share (%), By Product Type, 2023
Global Peripheral Intravenous Catheter Market– Drivers
- Increasing prevalence of major diseases: Increasing incidence of major diseases such as cancer, cardiac disorders, orthopedic disorders, etc. is expected to propel growth of the global peripheral intravenous catheter market over the forecast period. For instance, in September 2022, according to an article published by the National Center for Biotechnology Information (NCBI) Journal, the age-standardized point prevalence and annual incidence rates of orthopedic disorders and dysfunctions were 446.6 and 24.9 in 2021, indicating increase by 12.4% and 9.9% from 2010. Out of which, around 7,522 cartilage restoration procedures had been reported by the surgeons in the U.S.
Figure 2. Global Peripheral Intravenous Catheter Market Share(%), By Region, 2023
Global Peripheral Intravenous Catheter Market- Regional Analysis
Among region, North America is estimated to hold a dominant position in the global peripheral intravenous catheter market over the forecast period. North America is estimated to hold 33.5 % of the market share in 2023. The market is expected to witness significant growth in the near future due to high prevalence of orthopedic disorders and dysfunctions, favorable health reimbursement, etc. Increasing prevalence of neurological disorders is expected to drive the peripheral intravenous catheter market growth in North America region. For instance, in March 2021, according to the American Neurological Association (ANA) neurological diseases affected around 100 billion people in the U.S. This significant number of patients with one neurological disorder is expected to increase the number of neurosurgeries in the U.S This can boost demand for peripheral intravenous catheter in the U.S.
Peripheral Intravenous Catheter Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2022 | Market Size in 2023: | US$ 7.4 Bn |
Historical Data for: | 2018 to 2022 | Forecast Period: | 2023 to 2030 |
Forecast Period 2023 to 2030 CAGR: | 8.3% | 2030 Value Projection: | US$ 12.9 Bn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
BD, ICU Medical, Inc., Surmodics, Inc., B. Braun SE, Greiner Bio-One International GmbH, Terumo Corporation, Vygon, Healthline Medical Products, Retractable Technologies, Inc., Nipro Medical Corporation, Medsource Labs., Argon Medical Devices., Integral Lifesciences Holdings Corporation, Intra Special Catheters GmbH, Medical Components, Inc., Merit Medical Systems., Heka s.r.l., RAUMEDIC AG, Cook, Teleflex Incorporated |
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Growth Drivers: |
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Restraints & Challenges: |
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Global Peripheral Intravenous Catheter Market– Impact of Coronavirus (COVID-19) Pandemic
- Since the COVID-19 virus outbreak in December 2019, the disease spread to over 100 countries across the globe, and the World Health Organization (WHO) declared it a public health emergency on January 30, 2020.
- COVID-19 affected the economy in three main ways: by directly affecting the production and demand of drugs, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, the U.A.E., Egypt, and others facedproblems regarding transportation of things from one place to another.
- However, the COVID-19 pandemic had a negative impact on the global peripheral intravenous catheter market, owing to reduction in the bed and operating room capacity that led to considerable delays in urgent and semi-elective surgical interventions. According to an American College of Surgeons (ACSs) 2021 report, the nature of surgery and anesthesia practices changed during the COVID-19 pandemic, as the most elective and non-urgent cases were postponed.
Global Peripheral Intravenous Catheter Market Segmentation:
Global peripheral intravenous catheter market is segmented into product type, technology, end user and region.
- By product type , the market is segmented into short PIVC (Ported PIVC and non-ported PIVC), integrated/closed PIVC). Out of which, the short PIVC segment is expected to hold a dominant position in the global peripheral intravenous catheter market during the forecast period due to technological advancements because it is effective in delivery of IV fluids.
- By technology, the market is segmented into conventional and safety. Out of which, safety segment is expected to dominate the market over the forecast period due to increasing use of safety peripheral intravenous catheters.
- By end user, the market is segmented into hospital, clinics, and ambulatory surgical centers, homecare settings, others. Out of which, hospital segment is expected to dominate the market over the forecast period and as prompt treatments in hospital leads to proper recovery.
- Among all the segmentation, the technology segment is expected to dominate the market over the forecast period due to increasing preference of safety peripheral intravenous catheter by physicians.
Global Peripheral Intravenous Catheter Market- Cross Sectional Analysis
Key players are focusing on inorganic strategies such as agreements, and this is expected to drive the peripheral intravenous catheter market in North America region. For instance, on February 23, 2023, Medsource Labs., a medical product developer and supplier, announced that the company had been awarded a group purchasing agreement for Peripheral Intravenous Catheters (PIVC) solutions with Premier's AscenDrive program, that is designed to drive the highest-level commitment and savings for members through aggregated purchasing of high-quality products and services.
Global Peripheral Intravenous Catheter Market: Key Developments
- In September 2022, Bentley, a global leader in minimally invasive medical devices for vascular treatments based in the Germany, announced that the company had acquired rights of the GoBack catheter from Upstream Peripheral Technologies, a privately held company that produces the GoBack Catheter.
Global Peripheral Intravenous Catheter Market: Key Trends
Introduction of peripheral intravenous catheter with advanced technology: Introduction of peripheral intravenous catheter with advanced technology in the market is expected to drive growth of the global peripheral intravenous catheter market over the forecast period. For instance, BD, a multinational medical technology company, announced that its peripheral IV catheters are designed with proprietary technologies and advanced features to optimize patient care and improve clinical outcomes. These are specifically developed based on the clinicians' and their patients' needs and requirements.
Global Peripheral Intravenous Catheter Market: Restraint
- Complications associated with peripheral intravenous catheter: Complications associated with peripheral intravenous catheter is expected to hinder the market growth over the forecast period. For instance, in January 2021, according to a report published by BioMed Central Ltd, an open access scientific publisher, the most common and important PIVC-related complication include phlebitis, which occurs with 7–44% of catheters. The occurrence of Phlebitis, unintentional removal, occlusion, thrombosis, and catheter-related blood stream infection (CRBSI) are among the PIVC-related problems that might happen (20–50%).
- Counterbalance: Key players are focusing on developing advance products with safety which is expected to drive the market growth over the forecast period.
Global Peripheral Intravenous Catheter Market - Key Players
Major players operating in the global peripheral intravenous catheter market include BD, ICU Medical, Inc., Surmodics, Inc., B. Braun SE, Greiner Bio-One International GmbH, Terumo Corporation, Vygon, Healthline Medical Products, Retractable Technologies, Inc., Nipro Medical Corporation, Medsource Labs., Argon Medical Devices., Integral Lifesciences Holdings Corporation, Intra Special Catheters GmbH, Medical Components, Inc., Merit Medical Systems., Heka s.r.l., RAUMEDIC AG, Cook, Teleflex Incorporated.
Definition: A peripheral intravenous cathether is a small, short plastic catheter that is placed through the skin into a vein, usually at the back of the hand, elbow, or foot, but occasionally in the scalp. It is used to provide fluids and medications to patients.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Technology
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Recent Trends
- Recent Product Launches/Approvals
- Mergers, Acquisitions, and Collaborations
- Regulatory Scenario
- Key Developments
- PEST Analysis
- PORTER’s Analysis
- Market Dynamics
- Global Peripheral Intravenous Catheter Market – COVID-19 Impact Analysis
- Economic Impact
- COVID-19 Epidemiology
- Impact on Supply and Demand
- Global Peripheral Intravenous Catheter Market, By Product Type, 2018– 2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018–2030
- Segment Trends
- Short PIVC
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Segment Trends
- Ported PIVC
- Non-ported PIVC
- Integrated/Closed PIVC
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Segment Trends
- Introduction
- Global Peripheral Intravenous Catheter Market, By Technology, 2018 – 2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018–2030
- Segment Trends
- Conventional
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Segment Trends
- Safety
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Segment Trends
- Introduction
- Global Peripheral Intravenous Catheter Market, By End User, 2018 – 2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018–2030
- Segment Trends
- Hospital
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Homecare Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2030, (US$ Bn)
- Introduction
- Global Peripheral Intravenous Catheter Market, By Region, 2018 – 2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018–2030
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018–2030, (US$ Bn)
- Market Size and Forecast, and , Y-o-Y Growth, By Country, 2018 –2030, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018–2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 –2030, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018–2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 –2030, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018–2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 –2030, (US$ Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018–2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 –2030, (US$ Bn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 –2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018–2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub Region, 2018 –2030, (US$ Bn)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Company Profiles
- BD
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- ICU Medical, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Surmodics, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- B. Braun SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Greiner Bio-One International GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Terumo Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Vygon
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Healthline Medical Products
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Retractable Technologies, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Nipro Medical Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Medsource Labs.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Argon Medical Devices.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Integral Lifesciences Holdings Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Intra Special Catheters GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Medical Components, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Merit Medical Systems.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Heka s.r.l.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Raumedic AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Cook
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Teleflex Incorporated
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Analysts’ Views
- BD
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 36 market data tables and 26 figures on “Global Peripheral Intravenous Catheter Market” – Global forecast to 2030
Peripheral Intravenous Catheter Market Detailed Segmentation:
- By Product Type:
- Short PIVC
- Ported PIVC
- Non-ported PIVC
- Integrated/Closed PIVC
- By Technology:
-
- Conventional
- Safety
- By End User:
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Homecare Settings
- Others
- By Region:
- North America
- By Product Type
- Short PIVC
- Ported PIVC
- Non-ported PIVC
- Integrated/Closed PIVC
- Short PIVC
- By Technology
- Conventional
- Safety
- By End User
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Homecare Settings
- Others
- By Country
- U.S.
- Canada
- By Product Type
- Latin America
- By Product Type
- Short PIVC
- Ported PIVC
- Non-ported PIVC
- Integrated/Closed PIVC
- Short PIVC
- By Technology
- Conventional
- Safety
- By End User
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Homecare Settings
- Others
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Product Type
- Europe
- By Product Type
- Short PIVC
- Ported PIVC
- Non-ported PIVC
- Integrated/Closed PIVC
- Short PIVC
- By Technology
- Conventional
- Safety
- By End User
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Homecare Settings
- Others
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- By Product Type
- Asia Pacific
- By Product Type
- Short PIVC
- Ported PIVC
- Non-ported PIVC
- Integrated/Closed PIVC
- Short PIVC
- By Technology
- Conventional
- Safety
- By End User
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Homecare Settings
- Others
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- By Product Type
- Middle East
- By Product Type
- Short PIVC
- Ported PIVC
- Non-ported PIVC
- Integrated/Closed PIVC
- Short PIVC
- By Technology
- Conventional
- Safety
- By End User
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Homecare Settings
- Others
- By Country
- GCC
- Israel
- Rest of Middle East
- By Product Type
- Africa
- By Product Type
- Short PIVC
- Ported PIVC
- Non-ported PIVC
- Integrated/Closed PIVC
- Short PIVC
- By Technology
- Conventional
- Safety
- By End User
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Homecare Settings
- Others
- By Country/Region
- South Africa
- Central Africa
- North Africa
- By Product Type
- North America