Peripheral Intravenous Catheter Market
Peripheral Intravenous Catheter Market Overview 2025-2035
The global peripheral intravenous catheter (PIVC) market is poised for significant expansion, with a forecasted valuation surpassing USD 14,006.1 million by 2035, up from USD 7,489.3 million in 2025. The market is anticipated to grow at a CAGR of 8.2% during the period, driven by rising surgical procedures, technological advancements, and increasing demand for safer and more efficient catheterization solutions.
Market Dynamics
1. Increasing Demand Due to Rising Surgical Procedures
With a global increase in surgical procedures, the necessity for peripheral intravenous catheters has surged. These catheters play a crucial role in administering anesthesia, fluids, and medications before, during, and after surgery.
2. Technological Innovations Driving Market Growth
The introduction of closed catheters, which minimize infection risks and improve patient outcomes, has revolutionized the industry. Key advancements include integrated needleless connectors, retractable needles, and anti-reflux valves, which enhance patient safety and reduce hospital-acquired infections (HAIs).
3. Rising Prevalence of Chronic Diseases
The growing cases of cancer, diabetes, and cardiovascular diseases globally necessitate long-term hospitalization and intravenous medication administration. This trend is expected to fuel demand for PIVCs in the coming decade.
4. Key Restraining Factors
- High cost of advanced PIVCs.
- Difficulties in insertion, particularly in complex patient cases.
- Shortage of trained medical professionals in underdeveloped regions.
Market Segmentation and Category Analysis
| Category |
Market Share (2025) |
Key Insights |
|---|---|---|
|
Short Peripheral IV Catheter |
36.1% |
Preferred due to ease of use, low cost, and patient comfort. |
|
Safety Peripheral IV Catheter |
31.3% |
Growth fueled by increasing focus on reducing needlestick injuries. |
Regional Insights
| Region |
Projected CAGR (2025-2035) |
Key Growth Drivers |
|---|---|---|
|
United States |
8.5% |
Advanced healthcare infrastructure and growing adoption of safety PIVCs. |
|
India |
8.5% |
Expanding healthcare sector and rising medical tourism. |
|
China |
8.0% |
Strong medical research ecosystem and increased chronic disease cases. |
|
Italy |
7.7% |
Investments in medical research and a robust pharmaceutical industry. |
|
Japan |
7.6% |
Technological advancements and increasing preference for minimally invasive procedures. |
Competitive Landscape
The market is highly competitive, with key players focusing on product innovation, mergers, and strategic collaborations to strengthen their market position.
| Company |
Recent Developments |
|---|---|
|
Becton, Dickinson, and Company |
Launched Nexiva Closed IV Catheter System with enhanced safety features. |
|
B. Braun Melsungen AG |
Expanded focus on vascular access solutions for improving patient care. |
|
Smiths Group plc |
Increased investments in R&D for catheter safety enhancements. |
|
Terumo Corporation |
Acquired advanced soft tissue biopsy product lines. |
|
Teleflex Incorporated |
Introduced innovative needle-free blood draw technology. |
For an in-depth analysis of the competitive landscape, including market share, revenue insights, and company evaluation matrices, contact our advisory team to explore insights on established and emerging players.
Key Market Trends
- Growing Preference for Safety PIVCs to prevent needlestick injuries and infections.
- Sustainability Concerns are pushing manufacturers to develop eco-friendly catheter materials.
- Technological Advancements, including smart catheters with real-time monitoring capabilities.
- Expanding Home Healthcare Services, increasing demand for portable and easy-to-use catheters.
Frequently Asked Questions (FAQs)
1. What is the market worth in 2025? The global PIVC market is expected to reach USD 7,489.3 million in 2025.
2. How fast is the market expected to grow? The market is projected to expand at a CAGR of 8.2% from 2025 to 2035.
3. Which region will witness the highest growth? The United States and India are expected to experience the highest CAGR of 8.5%.
4. What is the dominant technology in the market? Safety PIVCs are the most preferred technology, accounting for 31.3% of the market share in 2025.
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