The Global Peripheral IV Catheters Market reached USD 5.2 billion in 2022 and is projected to grow to approximately USD 9.1 billion by 2030, registering a steady CAGR of 7.4% during the forecast period 2023–2030. The market growth is primarily driven by the increasing prevalence of chronic cardiovascular diseases, a surge in minimally invasive medical procedures, and rising healthcare expenditures globally. Technological innovations in catheter design, including integrated systems and advanced ultrasound-guided placement techniques, are further propelling market expansion.

The geriatric population’s growth and the rising incidence of needle-stick injuries among healthcare professionals have also fueled the demand for safer and more effective peripheral intravenous catheter solutions. Regional market strength is particularly pronounced in North America, where sophisticated healthcare infrastructure and reimbursement frameworks support adoption.

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Key Players:

=> Major market participants include Becton Dickinson, B. Braun Melsungen AG, Argon Medical, Vygon, ICU Medical Inc, VOGT Medical, RenovoRx Inc, Nipro Medical, Teleflex, and Greiner Bio-One.

Key Developments: Peripheral IV Catheters Market

✅ September 2022: B. Braun Medical Inc acquired the Clik-FIX catheter securement portfolio from Starboard Medical to enhance IV therapy safety and patient outcomes.
✅ May 2022: Access Vascular received FDA clearance for the HydroPICC Dual-Lumen catheter, demonstrating reductions in complications like occlusions and deep vein thrombosis.
✅ April 2023: BD launched the Prevue II System, an ultrasound device with needle tracking designed for optimized IV placement.

Recent Strategic Moves / Partnerships: Peripheral IV Catheters

✅ 2022-2023: Industry leaders have focused on integrating innovative catheter securement devices and hydrophilic biomaterial technologies to reduce insertion-related complications and improve patient safety.
✅ Growing collaborations with healthcare providers aim to increase the adoption of advanced catheter systems and support training for safer intravenous practices.
✅ Regulatory approvals and expansions of catheter product lines into emerging markets support sustained global growth.

Market Drivers – Global Peripheral IV Catheters Market

Increasing Cardiovascular Disease Burden: The rising number of heart disorders necessitates frequent intravenous treatments, driving catheter demand.
Technological Advancements: Innovations such as integrated catheters, ultrasound guidance, and safer securement devices improve efficacy and safety.
Aging Population Growth: Higher susceptibility to chronic illnesses among elderly individuals increases intravenous therapy requirements.
Needle-Stick Injury Reduction: Safety-engineered catheters help reduce occupational hazards for healthcare workers.
Sophisticated Healthcare Infrastructures: Robust hospital systems in developed regions support advanced catheter utilization.

Industry Trends – Peripheral IV Catheters Market

Shift Toward Integrated and Closed Catheters: Enhanced functionality and safety features gain preference.
Focus on Minimally Invasive Procedures: Growing use of ultrasound and imaging to improve catheter placement accuracy.
Rising Adoption in Ambulatory and Outpatient Settings: Expanding use beyond traditional hospital environments.
Increasing Regulatory Scrutiny: Compliance drives product quality improvements and innovation.
Emergence of Bio-Compatible Materials: Aim to reduce phlebitis and improve patient comfort.

Research Process:

The comprehensive market report integrates primary interviews with healthcare professionals, manufacturers, and regulatory experts, supported by secondary research from healthcare databases and industry publications. Market forecasts incorporate current epidemiological data, technological trends, reimbursement scenarios, and competitive analyses spanning North America, Europe, Asia-Pacific, and other key regions.

Key Segments:
➥ By Product: Integrated/Closed Peripheral IV Catheters, Short Peripheral IV Catheters, Ported PIVC, Non-Ported PIVC, Midline Catheters
➥ By Technology: Conventional PIVC, Systems PIVC
➥ By End-User: Hospitals, Ambulatory Surgical Centers, Clinics, Others
➥ By Region: North America, U.S., Canada, Mexico, Europe, Asia-Pacific, Middle East & Africa, South America

Empower your medical device strategy with real-time competitive landscape mapping, regulatory tracking, technology assessment, and adoption trend analyses to capitalize on evolving intravenous therapy markets.
✅ Competitive Benchmarking and Vendor Analysis
✅ Innovation Pipeline and Product Launch Monitoring
✅ Regulatory Compliance and Market Access Insights
✅ Healthcare Provider Adoption and Utilization Trends
✅ Regional Market Penetration and Growth Forecasts
✅ Quarterly Market Intelligence Updates