Intravenous (IV) Equipment Market to Grow with a CAGR of 5.27% through 2030

Home infusion therapy on the rise is expected to drive the Global Intravenous (IV) Equipment Market growth in the forecast period, 2026-2030

According to TechSci Research report, “Intravenous (IV) Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the Global Intravenous (IV) Equipment Market stood at USD 13.57 billion in 2022 and is anticipated to grow with a CAGR of 5.27% in the forecast period, 2026-2030. One of the primary drivers of the Global Intravenous Equipment Market is the escalating prevalence of chronic diseases such as diabetes, cardiovascular disorders, and cancer. As these conditions become more prevalent globally, there is a corresponding increase in the demand for intravenous therapies for the administration of medications and fluids. IV equipment plays a crucial role in delivering precise and controlled doses, contributing to effective disease management and improved patient outcomes.

The world's demographic landscape is undergoing a significant shift, with a growing aging population. Elderly individuals often require complex medical interventions, including intravenous therapies. The rise in the number of surgical procedures, both elective and emergency, further propels the demand for intravenous equipment. Intravenous administration is a preferred method for delivering anesthesia, analgesics, and other critical medications during surgical interventions, emphasizing the pivotal role of IV equipment in modern healthcare settings.

The continual evolution of technology is a key driver shaping the Global Intravenous Equipment Market. Advanced IV equipment, including smart pumps, safety infusion systems, and wireless connectivity, has revolutionized the precision and safety of intravenous therapy. Smart pumps, for example, allow for accurate drug dosage calculations, reducing the risk of medication errors. Wireless connectivity enables real-time monitoring and data transmission, enhancing healthcare professionals' ability to track and manage IV treatments remotely. These technological advancements not only improve patient safety but also contribute to the overall efficiency of healthcare delivery.

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The Global Intravenous (IV) Equipment Market is segmented into Type, End-User, Regional Distribution, And Company.

Based on the Type, Infusion pumps are rapidly becoming the fastest-growing segment in the global Intravenous (IV) Equipment market in 2024. Their growth is driven by several key advantages that significantly enhance both patient safety and healthcare efficiency. Compared to manual administration, infusion pumps help mitigate the risk of medication errors. These devices are programmable, allowing healthcare providers to set precise infusion parameters such as rate and duration, which greatly reduces the likelihood of dosage miscalculations and improves patient safety.

Additionally, modern infusion pumps are designed to be portable and compact, enabling patients to receive intravenous therapies while remaining mobile. This is especially valuable for those undergoing long-term treatments or preferring the convenience of home care. The ability to continue receiving therapy outside traditional healthcare settings further accelerates the adoption of infusion pumps, making them an essential tool for patient-centered care.

Advancements in technology have also fueled the growth of infusion pumps, particularly with the introduction of smart infusion pumps. These devices come with features such as wireless connectivity and integration with electronic health records, which streamline the management of IV therapy. Healthcare professionals can remotely monitor patients and adjust treatment parameters in real time, improving overall treatment efficiency and patient outcomes. With these innovations, infusion pumps are not only meeting the increasing demand for accurate, safe, and flexible IV therapy but are also setting the pace for the fastest-growing segment in the IV equipment market..

Major companies operating in Global Intravenous (IV) Equipment Market are:

• 3D Systems, Inc.
• 3M Company
• Baxter International
• Becton, Dickinson and Company
• B. Braun Melsungen AG
• EuroLife Healthcare Pvt. Ltd
• Henry Schein, Inc
• ICU Medical, Inc
• Polymedicure
• Terumo Corporation
• Teleflex Incorporated

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 “The Global Intravenous (IV) Equipment Market is poised for robust growth in the coming years. Anticipated advancements in medical technology, increasing prevalence of chronic diseases, and a growing aging population are key contributors to the expanding demand for IV equipment. The relentless pursuit of enhanced patient outcomes, coupled with a focus on personalized medicine, is propelling research and development efforts within the IV equipment sector. The rise of home infusion therapy and the integration of smart technologies, such as wireless connectivity and data analytics, are transforming the delivery of intravenous treatments, making them more accessible and patient centric. As global healthcare infrastructure continues to evolve and emerging markets witness greater access to medical services, the demand for advanced IV solutions is expected to surge.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Intravenous (IV) Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented Type (IV Catheters, Infusion Pumps, Securement Devices, Administration Sets, Drip Chambers, Other Types), By End-User (Hospitals, Ambulatory Surgical Centers, Other End-Users), By Region and Competition 2020-2030F”, has evaluated the future growth potential of Global Intravenous (IV) Equipment Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Intravenous (IV) Equipment Market.

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