Peripheral Intravenous Catheters Market
By Product Type;
Short PIVC, Ported PIVC, Non-Ported PIVC, and Integrated/Closed PIVCBy Technology;
Conventional PIVC and Safety PIVCBy Lumen;
Single Lumen, Double Lumen, and Multi-LumenBy End-User;
Hospitals, Ambulatory Surgical Centres, Clinics, Home Use, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Peripheral Intravenous Catheter Market Overview
Peripheral Intravenous Catheter Market (USD Million)
Peripheral Intravenous Catheter Market was valued at USD 5,769.05 million in the year 2024. The size of this market is expected to increase to USD 8,778.15 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.
Peripheral Intravenous Catheters Market
*Market size in USD million
CAGR 6.2 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 6.2 % |
Market Size (2024) | USD 5,769.05 Million |
Market Size (2031) | USD 8,778.15 Million |
Market Concentration | Medium |
Report Pages | 348 |
Major Players
- Becton, Dickinson and Company (BD)
- B. Braun Melsungen AG
- Terumo Corporation
- Smiths Medical (Smiths Group plc)
- Teleflex Incorporated
- ICU Medical, Inc.
- AngioDynamics, Inc.
- Vygon SA
- Nipro Corporation
- Argon Medical Devices, Inc.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Peripheral Intravenous Catheters Market
Fragmented - Highly competitive market without dominant players
The Peripheral Intravenous Catheter Market is witnessing consistent growth due to rising clinical needs and surgical volumes. Over 60% of hospitalized patients require intravenous access, elevating the importance of efficient vascular access solutions. The market is also seeing new opportunities for enhanced device performance, especially in settings demanding quick and reliable insertion. This growth is creating space for advanced strategies in catheter innovation and care delivery.
Advances in Product Technology
Innovations in catheter materials and design are significantly enhancing patient outcomes and procedural safety. Approximately 55% of healthcare institutions now favor catheters with built-in safety mechanisms to reduce complications. These technological advancements are contributing to stronger collaboration across clinical and research fields, helping shape smarter solutions. There is an increasing focus on biocompatible materials and antimicrobial coatings that improve safety and longevity.
Minimally Invasive Trends Influencing Market Demand
Growing emphasis on minimally invasive techniques is changing clinical practices and increasing catheter use. Around 50% of care providers are adapting new protocols and training standards to optimize IV catheter performance. These shifts are promoting expansion in educational initiatives and fostering partnerships with medical institutions. This trend aligns with the market’s future outlook, which anticipates broader training integration and reduced catheter complications.
Outpatient and Ambulatory Applications Rising
Outpatient settings are playing a larger role, with over 45% of procedures now conducted outside of traditional hospitals. This has led to increased demand for portable, user-friendly catheter solutions that ensure patient safety and comfort. The move toward short-term care applications is stimulating product innovation and development, aimed at boosting usability. This growing segment represents a key opportunity for expansion and targeted design enhancements.
Peripheral Intravenous Catheter Market Recent Developments
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In October 2023, B. Braun Medical Inc. intensified its commitment to tackling health inequities in vascular access through its Peripheral Advantage Program. The initiative aims to empower healthcare providers and enhance patients' experiences with intravenous therapies while advocating for improved care standards.
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In November 2023, BD introduced its new needle-free blood draw technology, PIVO Pro, following FDA clearance. This innovative solution is compatible with integrated catheters and aligns with BD's vision of a "One-Stick Hospital Stay," aiming to reduce needlesticks, improve patient experiences, and enhance clinical outcomes.
Peripheral Intravenous Catheter Segment Analysis
In this report, the Peripheral Intravenous Catheter Market has been segmented by Product Type, Technology, Lumen, End-user and Geography.
Peripheral Intravenous Catheter Market, Segmentation by Product Type
The Peripheral Intravenous Catheter Market has been segmented by Product Type into Short PIVC, Ported PIVC, Non-ported PIVC and Integrated/closed PIVC.
Short PIVCShort Peripheral Intravenous Catheters (PIVCs) dominate the global market, contributing over 60% to total revenue. Their widespread use is attributed to quick insertion, lower cost, and suitability for short-term therapies in hospitals, clinics, and emergency departments.
Ported PIVCPorted PIVCs account for approximately 25% of the market. These devices offer an added injection port for multiple medication administrations, reducing the need for repeated venipuncture. Their ease of use and versatility make them common in surgical and acute care environments.
Non-ported PIVCNon-ported Peripheral Intravenous Catheters represent around 10% of market usage. Designed for single-line access, they are favored in controlled clinical scenarios where infection risk is a concern. Their simplicity is ideal for pediatric and specialized care applications.
Integrated/Closed PIVCIntegrated or closed system PIVCs are gaining momentum, currently holding a 5% share of the market. These catheters combine safety and infection control, reducing needlestick injuries and bloodstream infections, making them attractive in hospitals with strict hygiene standards.
Peripheral Intravenous Catheter Market, Segmentation by Technology
The Peripheral Intravenous Catheter Market has been segmented by Technology into Conventional PIVC and Safety PIVC.
Conventional PIVCConventional Peripheral Intravenous Catheters (PIVCs) continue to hold a significant market share, contributing around 55% globally. These catheters are widely used due to their low cost and clinical familiarity. However, their adoption is gradually declining due to safety concerns and rising preference for advanced alternatives.
Safety PIVCSafety PIVCs are experiencing increased demand, currently occupying nearly 45% of the market. Designed to minimize needlestick injuries and reduce the risk of bloodstream infections, they are preferred in healthcare facilities focused on improving staff safety and patient outcomes.
Peripheral Intravenous Catheter Market, Segmentation by Lumen
The Peripheral Intravenous Catheter Market has been segmented by Lumen into Single Lumen, Double Lumen, and Multi-Lumen.
Single LumenSingle lumen catheters dominate the market with a share of over 65%, owing to their simplicity, ease of insertion, and cost-efficiency. They are widely used for routine fluid administration, medication delivery, and blood sampling in general medical and surgical care settings.
Double LumenDouble lumen catheters account for nearly 25% of market usage. These catheters allow simultaneous administration of multiple therapies, making them ideal for patients in intensive care or undergoing complex treatments such as chemotherapy or total parenteral nutrition.
Multi-LumenMulti-lumen catheters hold a smaller but growing share of approximately 10%. Their design supports advanced clinical applications requiring multiple infusions or blood draws, and they are primarily used in critical care, emergency response, and specialized procedures.
Peripheral Intravenous Catheter Market, Segmentation by End-user
The Peripheral Intravenous Catheter Market has been segmented by End-user into Hospitals, Ambulatory surgical centres, Clinics, Home use and Others.
HospitalsHospitals represent the largest end-user segment, contributing over 50% of the total market share. Their high patient volume, advanced infrastructure, and wide range of intravenous therapies drive the significant demand for Peripheral Intravenous Catheters in inpatient and surgical care units.
Ambulatory Surgical CentresAmbulatory surgical centres account for approximately 20% of the market. These facilities prefer PIVCs for their ease of use and efficiency in outpatient procedures. Rapid patient turnover and minimally invasive surgeries support steady adoption in this segment.
ClinicsClinics hold a 15% share, using PIVCs primarily for diagnostic and therapeutic interventions. The rising number of private and specialty clinics globally, along with expanding healthcare access, is contributing to steady market growth in this segment.
Home UseHome use applications are growing, with around 10% market share, driven by the increasing preference for home-based care. PIVCs are used for patients requiring routine medication, hydration therapy, or palliative care, supported by remote monitoring and nursing services.
OthersOthers comprise specialized care settings such as nursing homes, mobile medical units, and military healthcare services. Though currently a small share of around 5%, this segment is expanding with the diversification of healthcare delivery models across regions.
Peripheral Intravenous Catheter Market, Segmentation by Geography
In this report, the Peripheral Intravenous Catheter Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Peripheral Intravenous Catheter Market Share (%), by Geographical Region, 2024
North AmericaNorth America leads the global Peripheral Intravenous Catheter market with over 35% share, driven by advanced healthcare infrastructure, high hospitalization rates, and strong adoption of safety PIVCs. The presence of major market players and favorable reimbursement policies further support regional growth.
EuropeEurope holds approximately 30% of the market, supported by increasing surgical procedures, aging population, and stringent safety regulations. Rising demand for infection-prevention devices and strong government healthcare spending continue to fuel market expansion across major EU nations.
Asia PacificAsia Pacific is witnessing the fastest growth, contributing nearly 20% to global share. Factors such as growing healthcare investments, expanding hospital infrastructure, and rising awareness of intravenous therapy are accelerating market penetration, especially in China, India, and Southeast Asia.
Middle East and AfricaMiddle East and Africa collectively represent around 8% of the market. Though still emerging, the region benefits from increasing public-private healthcare partnerships, improving access to care, and gradual adoption of modern vascular access devices.
Latin AmericaLatin America accounts for approximately 7% of global share. Market growth is fueled by rising hospital admissions, improving healthcare standards, and increasing awareness about safe infusion practices, particularly in countries like Brazil, Mexico, and Argentina.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Peripheral Intravenous Catheter Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Technological Advancements
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Increasing Surgical Procedures - The global market for peripheral intravenous (IV) catheters is witnessing substantial growth, driven primarily by an increase in surgical procedures worldwide. As healthcare systems evolve and populations grow older, the demand for surgical interventions continues to rise. Peripheral IV catheters play a crucial role in these procedures by providing access to medications, fluids, and blood products directly into the patient's bloodstream. This functionality is essential not only during surgeries but also in post-operative care and in treating various medical conditions that require intravenous therapy.
Advancements in medical technology have also contributed to the market's expansion. Innovations in catheter materials, designs, and insertion techniques have improved patient comfort, reduced complications such as infections, and enhanced overall efficacy. Moreover, healthcare providers are increasingly adopting peripheral IV catheters due to their convenience, cost-effectiveness, and ability to minimize patient discomfort compared to other forms of vascular access.
Restraints
- Risk of Infections
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Stringent Regulatory Guidelines - The global peripheral intravenous catheter market is significantly influenced by stringent regulatory guidelines governing medical devices. These guidelines are implemented to ensure the safety, efficacy, and quality of peripheral intravenous catheters used in healthcare settings worldwide. Regulatory bodies such as the FDA in the United States, the European Medicines Agency (EMA) in Europe, and similar authorities in other regions impose rigorous requirements on manufacturers regarding product design, manufacturing processes, and clinical trials.
For manufacturers, navigating these regulatory frameworks is crucial as non-compliance can lead to delays in product approvals, costly recalls, or even market withdrawal. Compliance with regulatory guidelines necessitates thorough documentation of every aspect of the product lifecycle, from initial design and development to post-market surveillance. Manufacturers must conduct comprehensive risk assessments and clinical evaluations to demonstrate the safety and performance of their peripheral intravenous catheters before they can be marketed and sold.
Healthcare providers also play a pivotal role in adhering to regulatory standards by ensuring proper training of personnel involved in catheter insertion and maintenance. This includes following established protocols for infection control and monitoring patient outcomes to comply with regulatory expectations for patient safety and quality of care. Overall, while stringent regulatory guidelines present challenges for stakeholders in the peripheral intravenous catheter market, they are essential for maintaining high standards of patient care and product reliability in the healthcare industry globally.
Opportunities
- Growing Healthcare Infrastructure
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Rising Demand in Emerging Markets - The global peripheral intravenous catheter market is experiencing a surge in demand, particularly in emerging markets, driven by several key factors. One significant driver is the increasing prevalence of chronic diseases and the subsequent rise in hospital admissions worldwide. Peripheral intravenous catheters are essential medical devices used for administering medications, fluids, and blood products, making them indispensable in healthcare settings. As emerging markets enhance their healthcare infrastructure and expand access to medical facilities, the demand for these catheters continues to grow.
Technological advancements in peripheral intravenous catheters have contributed to their increased adoption in emerging markets. Innovations such as antimicrobial coatings, integrated safety features, and catheters designed for specific patient populations have improved safety, efficacy, and patient comfort, further fueling market growth. These developments not only address healthcare providers' needs for better infection control and patient care but also support the market expansion in regions where healthcare standards are rapidly improving.
Economic growth and rising disposable incomes in emerging markets have bolstered healthcare expenditure, leading to increased investments in medical devices such as peripheral intravenous catheters. Governments and private healthcare providers in these regions are focusing on upgrading healthcare facilities and adopting advanced medical technologies, which in turn propels the demand for peripheral intravenous catheters. As the global healthcare landscape continues to evolve, the peripheral intravenous catheter market is poised for substantial growth, with emerging markets playing a pivotal role in shaping its expansion trajectory.
Competitive Landscape Analysis
Key players in Global Peripheral Intravenous Catheter Market include :
- Becton, Dickinson and Company (BD)
- B. Braun Melsungen AG
- Terumo Corporation
- Smiths Medical (Smiths Group plc)
- Teleflex Incorporated
- ICU Medical, Inc.
- AngioDynamics, Inc.
- Vygon SA
- Nipro Corporation
- Argon Medical Devices, Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Technology
- Market Snapshot, By Lumen
- Market Snapshot, By End-user
- Market Snapshot, By Region
- Global Peripheral Intravenous Catheter Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Increasing Surgical Procedures
- Restraints
- Risk of Infections
- Stringent Regulatory Guidelines
- Opportunities
- Growing Healthcare Infrastructure
- Rising Demand in Emerging Markets
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Peripheral Intravenous Catheter Market, By Product Type, 2021 - 2031 (USD Million)
- Short PIVC
- Ported PIVC
- Non-ported PIVC
- Integrated/closed PIVC
- Global Peripheral Intravenous Catheter Market, By Technology, 2021 - 2031 (USD Million)
- Conventional PIVC
- Safety PIVC
- Global Peripheral Intravenous Catheter Market, By Lumen, 2021 - 2031 (USD Million)
- Single lumen
- Double lumen
- Multi-lumen
- Global Peripheral Intravenous Catheter Market, By End-user, 2021 - 2031 (USD Million)
- Hospitals
- Ambulatory surgical centres
- Clinics
- Home use
- Others
- Global Peripheral Intravenous Catheter Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Peripheral Intravenous Catheter Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Becton, Dickinson and Company (BD)
- B. Braun Melsungen AG
- Terumo Corporation
- Smiths Medical (Smiths Group plc)
- Teleflex Incorporated
- ICU Medical, Inc.
- AngioDynamics, Inc.
- Vygon SA
- Nipro Corporation
- Argon Medical Devices, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market