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IV Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    • Becton, Dickinson and Company
    • B. Braun Melsungen AG
    • Fresenius SE & Co. KGaA
    • Baxter International Inc.
    • Smiths Medical
    • ICU Medical, Inc.
    • CR Bard, Inc.
    • Terumo Corporation
    • Moog, Inc.
    • AngioDynamics, Inc.
    • Henry Schein, Inc.
    • 3M
    • CONMED
    • The Matrix Company
    • Medline Industries, Inc.

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AJY 24.04.09

The IV equipment market is witnessing a robust growth trajectory driven by an ageing population facing chronic illnesses, particularly in developed regions. Anticipated to demand ever-more surgical procedures, the market is expected to flourish with IV therapy emerging as one of the preferred choices for medical practitioners. This trend is poised to benefit companies actively involved in the IV equipment market, with strong economic growth in Latin America and the Asia-Pacific, Eastern Europe, and Japan (APEJ) regions presenting significant growth opportunities.

Rising Prevalence of Chronic Diseases Fuels Demand for IV Catheters

The IV catheter segment has become a significant contributor to revenue, holding a considerable portion of the IV equipment market based on product type. Predicted to maintain a steady growth rate from 2024 to 2031, this segment is anticipated to reach a substantial value by the end of the forecast period. The growth is driven by rising rates of chronic illnesses and the aging demographic, highlighting the need for dependable and effective IV access.

Infusion Pumps Market Dominated by Europe

Following IV catheters, infusion pumps hold a significant share in the IV equipment market, with Europe leading the market due to its well-developed medical infrastructure and growing geriatric population. As the demand for infusion therapy continues to rise, companies are advised to capitalize on opportunities in Europe and target the APEJ region, which is anticipated to exhibit the highest CAGR during the forecast period.

Marginal Opportunities in Securement Devices and Stopcocks & Valves

Although the securement devices and stopcocks & valves segments had small revenue shares in 2024, there are prospects for growth in these areas. The securement devices segment is anticipated to decline in market share, whereas stopcocks & valves are forecasted to increase their share, presenting an opportunity for companies to adapt their strategies accordingly.

Drip Chambers and Needleless Connectors Face Declining Popularity

In contrast, the drip chamber and needleless connector segments are experiencing waning popularity, with single-digit revenue shares in the IV equipment market. As companies prioritize more lucrative options, such as IV catheters and infusion pumps, the drip chamber segment is likely to witness a comparatively higher CAGR. Companies are urged to consider these trends while formulating their market strategies to stay competitive in the evolving landscape.

Competition Intensifies Among Key Players

Fairfield Market Research has identified several key players in the IV equipment market, including Becton, Dickinson and Company, B. Braun Melsungen AG, Fresenius SE & Co. KGaA, Baxter International Inc., Smiths Group, ICU Medical, C. R. Bard, Terumo Corporation, Moog Inc., and AngioDynamics. As competition intensifies, companies are expected to focus on innovation, product differentiation, and geographical expansion to maintain their market position.

IV Equipment Market Segmentation

Product Type

  • IV Catheters
  • Infusion Pumps
  • Securement Devices
  • Drip Chambers
  • Other IV Equipment
  • Stopcocks & Check Valves
  • Administration Sets
  • Needleless Connectors

End User

  • Hospitals
  • Clinics
  • Home Care Settings
  • Ambulatory Care Centers

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Table of Contents

1. Executive Summary

  • 1.1. Global IV Equipment Market Snapshot
  • 1.2. Future Projections
  • 1.3. Key Market Trends
  • 1.4. Regional Snapshot, by Value, 2023
  • 1.5. Analyst Recommendations

2. Market Overview

  • 2.1. Market Definitions and Segmentations
  • 2.2. Market Dynamics
    • 2.2.1. Drivers
    • 2.2.2. Restraints
    • 2.2.3. Market Opportunities
  • 2.3. Value Chain Analysis
  • 2.4. Porter's Five Forces Analysis
  • 2.5. COVID-19 Impact Analysis
    • 2.5.1. Supply
    • 2.5.2. Demand
  • 2.6. Impact of Ukraine-Russia Conflict
  • 2.7. Economic Overview
    • 2.7.1. World Economic Projections
  • 2.8. PESTLE Analysis

3. Global IV Equipment Market Outlook, 2018 - 2031

  • 3.1. Global IV Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
    • 3.1.1. Key Highlights
      • 3.1.1.1. IV Catheters
      • 3.1.1.2. Infusion Pumps
      • 3.1.1.3. Securement Devices
      • 3.1.1.4. Drip Chambers
      • 3.1.1.5. Other IV Equipment
      • 3.1.1.6. Stopcocks & Check Valves
      • 3.1.1.7. Administration Sets
      • 3.1.1.8. Needleless Connectors
  • 3.2. Global IV Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
    • 3.2.1. Key Highlights
      • 3.2.1.1. Hospitals
      • 3.2.1.2. Clinics
      • 3.2.1.3. Home Care Settings
      • 3.2.1.4. Ambulatory Care Centers
  • 3.3. Global IV Equipment Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
    • 3.3.1. Key Highlights
      • 3.3.1.1. North America
      • 3.3.1.2. Europe
      • 3.3.1.3. Asia Pacific
      • 3.3.1.4. Latin America
      • 3.3.1.5. Middle East & Africa

4. North America IV Equipment Market Outlook, 2018 - 2031

  • 4.1. North America IV Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
    • 4.1.1. Key Highlights
      • 4.1.1.1. IV Catheters
      • 4.1.1.2. Infusion Pumps
      • 4.1.1.3. Securement Devices
      • 4.1.1.4. Drip Chambers
      • 4.1.1.5. Other IV Equipment
      • 4.1.1.6. Stopcocks & Check Valves
      • 4.1.1.7. Administration Sets
      • 4.1.1.8. Needleless Connectors
  • 4.2. North America IV Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
    • 4.2.1. Key Highlights
      • 4.2.1.1. Hospitals
      • 4.2.1.2. Clinics
      • 4.2.1.3. Home Care Settings
      • 4.2.1.4. Ambulatory Care Centers
  • 4.3. North America IV Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
    • 4.3.1. Key Highlights
      • 4.3.1.1. U.S. IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 4.3.1.2. U.S. IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 4.3.1.3. Canada IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 4.3.1.4. Canada IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
    • 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe IV Equipment Market Outlook, 2018 - 2031

  • 5.1. Europe IV Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
    • 5.1.1. Key Highlights
      • 5.1.1.1. IV Catheters
      • 5.1.1.2. Infusion Pumps
      • 5.1.1.3. Securement Devices
      • 5.1.1.4. Drip Chambers
      • 5.1.1.5. Other IV Equipment
      • 5.1.1.6. Stopcocks & Check Valves
      • 5.1.1.7. Administration Sets
      • 5.1.1.8. Needleless Connectors
  • 5.2. Europe IV Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
    • 5.2.1. Key Highlights
      • 5.2.1.1. Hospitals
      • 5.2.1.2. Clinics
      • 5.2.1.3. Home Care Settings
      • 5.2.1.4. Ambulatory Care Centers
  • 5.3. Europe IV Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
    • 5.3.1. Key Highlights
      • 5.3.1.1. Germany IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 5.3.1.2. Germany IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 5.3.1.3. U.K. IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 5.3.1.4. U.K. IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 5.3.1.5. France IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 5.3.1.6. France IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 5.3.1.7. Italy IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 5.3.1.8. Italy IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 5.3.1.9. Turkey IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 5.3.1.10. Turkey IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 5.3.1.11. Russia IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 5.3.1.12. Russia IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 5.3.1.13. Rest of Europe IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 5.3.1.14. Rest of Europe IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
    • 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific IV Equipment Market Outlook, 2018 - 2031

  • 6.1. Asia Pacific IV Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
    • 6.1.1. Key Highlights
      • 6.1.1.1. IV Catheters
      • 6.1.1.2. Infusion Pumps
      • 6.1.1.3. Securement Devices
      • 6.1.1.4. Drip Chambers
      • 6.1.1.5. Other IV Equipment
      • 6.1.1.6. Stopcocks & Check Valves
      • 6.1.1.7. Administration Sets
      • 6.1.1.8. Needleless Connectors
  • 6.2. Asia Pacific IV Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
    • 6.2.1. Key Highlights
      • 6.2.1.1. Hospitals
      • 6.2.1.2. Clinics
      • 6.2.1.3. Home Care Settings
      • 6.2.1.4. Ambulatory Care Centers
  • 6.3. Asia Pacific IV Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
    • 6.3.1. Key Highlights
      • 6.3.1.1. China IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 6.3.1.2. China IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 6.3.1.3. Japan IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 6.3.1.4. Japan IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 6.3.1.5. South Korea IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 6.3.1.6. South Korea IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 6.3.1.7. India IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 6.3.1.8. India IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 6.3.1.9. Southeast Asia IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 6.3.1.10. Southeast Asia IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 6.3.1.11. Rest of Asia Pacific IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 6.3.1.12. Rest of Asia Pacific IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
    • 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America IV Equipment Market Outlook, 2018 - 2031

  • 7.1. Latin America IV Equipment Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
    • 7.1.1. Key Highlights
      • 7.1.1.1. IV Catheters
      • 7.1.1.2. Infusion Pumps
      • 7.1.1.3. Securement Devices
      • 7.1.1.4. Drip Chambers
      • 7.1.1.5. Other IV Equipment
      • 7.1.1.6. Stopcocks & Check Valves
      • 7.1.1.7. Administration Sets
      • 7.1.1.8. Needleless Connectors
  • 7.2. Latin America IV Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
    • 7.2.1. Key Highlights
      • 7.2.1.1. Hospitals
      • 7.2.1.2. Clinics
      • 7.2.1.3. Home Care Settings
      • 7.2.1.4. Ambulatory Care Centers
  • 7.3. Latin America IV Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
    • 7.3.1. Key Highlights
      • 7.3.1.1. Brazil IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 7.3.1.2. Brazil IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 7.3.1.3. Mexico IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 7.3.1.4. Mexico IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 7.3.1.5. Argentina IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 7.3.1.6. Argentina IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 7.3.1.7. Rest of Latin America IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 7.3.1.8. Rest of Latin America IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
    • 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa IV Equipment Market Outlook, 2018 - 2031

  • 8.1. Middle East & Africa IV Equipment Market Outlook, by Product Type, Value (US$Bn), 2018 - 2031
    • 8.1.1. Key Highlights
      • 8.1.1.1. IV Catheters
      • 8.1.1.2. Infusion Pumps
      • 8.1.1.3. Securement Devices
      • 8.1.1.4. Drip Chambers
      • 8.1.1.5. Other IV Equipment
      • 8.1.1.6. Stopcocks & Check Valves
      • 8.1.1.7. Administration Sets
      • 8.1.1.8. Needleless Connectors
  • 8.2. Middle East & Africa IV Equipment Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
    • 8.2.1. Key Highlights
      • 8.2.1.1. Hospitals
      • 8.2.1.2. Clinics
      • 8.2.1.3. Home Care Settings
      • 8.2.1.4. Ambulatory Care Centers
  • 8.3. Middle East & Africa IV Equipment Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
    • 8.3.1. Key Highlights
      • 8.3.1.1. GCC IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 8.3.1.2. GCC IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 8.3.1.3. South Africa IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 8.3.1.4. South Africa IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 8.3.1.5. Egypt IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 8.3.1.6. Egypt IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 8.3.1.7. Nigeria IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 8.3.1.8. Nigeria IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
      • 8.3.1.9. Nigeria IV Equipment Market End User, Value (US$ Bn), 2018 - 2031
      • 8.3.1.10. Rest of Middle East & Africa IV Equipment Market by Product Type, Value (US$ Bn), 2018 - 2031
      • 8.3.1.11. Rest of Middle East & Africa IV Equipment Market by End User, Value (US$ Bn), 2018 - 2031
    • 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

  • 9.1. Product Type vs End User Heatmap
  • 9.2. Manufacturer vs End User Heatmap
  • 9.3. Company Market Share Analysis, 2023
  • 9.4. Competitive Dashboard
  • 9.5. Company Profiles
    • 9.5.1. Becton, Dickinson and Company
      • 9.5.1.1. Company Overview
      • 9.5.1.2. Product Type Portfolio
      • 9.5.1.3. Financial Overview
      • 9.5.1.4. Business Strategies and Development
    • 9.5.2. B. Braun Melsungen AG
      • 9.5.2.1. Company Overview
      • 9.5.2.2. Product Type Portfolio
      • 9.5.2.3. Financial Overview
      • 9.5.2.4. Business Strategies and Development
    • 9.5.3. Fresenius SE & Co. KGaA
      • 9.5.3.1. Company Overview
      • 9.5.3.2. Product Type Portfolio
      • 9.5.3.3. Financial Overview
      • 9.5.3.4. Business Strategies and Development
    • 9.5.4. Baxter International Inc.
      • 9.5.4.1. Company Overview
      • 9.5.4.2. Product Type Portfolio
      • 9.5.4.3. Financial Overview
      • 9.5.4.4. Business Strategies and Development
    • 9.5.5. Smiths Medical
      • 9.5.5.1. Company Overview
      • 9.5.5.2. Product Type Portfolio
      • 9.5.5.3. Financial Overview
      • 9.5.5.4. Business Strategies and Development
    • 9.5.6. ICU Medical, Inc.
      • 9.5.6.1. Company Overview
      • 9.5.6.2. Product Type Portfolio
      • 9.5.6.3. Financial Overview
      • 9.5.6.4. Business Strategies and Development
    • 9.5.7. C. R. Bard, Inc.
      • 9.5.7.1. Company Overview
      • 9.5.7.2. Product Type Portfolio
      • 9.5.7.3. Financial Overview
      • 9.5.7.4. Business Strategies and Development
    • 9.5.8. Terumo Corporation
      • 9.5.8.1. Company Overview
      • 9.5.8.2. Product Type Portfolio
      • 9.5.8.3. Financial Overview
      • 9.5.8.4. Business Strategies and Development
    • 9.5.9. Moog, Inc.
      • 9.5.9.1. Company Overview
      • 9.5.9.2. Product Type Portfolio
      • 9.5.9.3. Financial Overview
      • 9.5.9.4. Business Strategies and Development
    • 9.5.10. AngioDynamics, Inc.
      • 9.5.10.1. Company Overview
      • 9.5.10.2. Product Type Portfolio
      • 9.5.10.3. Financial Overview
      • 9.5.10.4. Business Strategies and Development
    • 9.5.11. Henry Schein, Inc.
      • 9.5.11.1. Company Overview
      • 9.5.11.2. Product Type Portfolio
      • 9.5.11.3. Financial Overview
      • 9.5.11.4. Business Strategies and Development
    • 9.5.12. 3M
      • 9.5.12.1. Company Overview
      • 9.5.12.2. Product Type Portfolio
      • 9.5.12.3. Financial Overview
      • 9.5.12.4. Business Strategies and Development
    • 9.5.13. CONMED
      • 9.5.13.1. Company Overview
      • 9.5.13.2. Product Type Portfolio
      • 9.5.13.3. Financial Overview
      • 9.5.13.4. Business Strategies and Development
    • 9.5.14. The Matrix Company
      • 9.5.14.1. Company Overview
      • 9.5.14.2. Product Type Portfolio
      • 9.5.14.3. Financial Overview
      • 9.5.14.4. Business Strategies and Development
    • 9.5.15. Medline Industries, Inc.
      • 9.5.15.1. Company Overview
      • 9.5.15.2. Product Type Portfolio
      • 9.5.15.3. Financial Overview
      • 9.5.15.4. Business Strategies and Development

10. Appendix

  • 10.1.Research Methodology
  • 10.2.Report Assumptions
  • 10.3.Acronyms and Abbreviations

List of Region/Countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Turkey
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
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