Peripheral Intravenous Catheters Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_00129819
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 9.54 |
Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries
Download Sample PdfReport Overview
The Peripheral Intravenous Catheter Market size is estimated to grow at a CAGR of 5.12% between 2022 and 2032. The market size is forecast to increase by USD 2,345.78 million. The growth of the market depends on several factors, including the rising prevalence of chronic diseases, increasing geriatric population, and the growing demand for minimally invasive procedures. A peripheral intravenous catheter (PIVC) is a medical device used to administer fluids, medications, or blood products directly into a patient's vein. It is a thin, flexible tube that is inserted into a peripheral vein, typically in the arm or hand, and is secured in place with an adhesive dressing. PIVCs are widely used in hospitals, clinics, and other healthcare settings for various purposes, such as hydration, medication administration, blood transfusion, and blood sampling.
Peripheral Intravenous Catheter Market Overview
Drivers
One of the key factors driving the peripheral intravenous catheter market growth is the rising prevalence of chronic diseases. Chronic diseases, such as cardiovascular diseases, diabetes, and cancer, require long-term treatment and often involve the administration of medications or fluids through intravenous therapy. As a result, there is a growing demand for peripheral intravenous catheters to facilitate the delivery of these treatments. Additionally, the increasing geriatric population, who are more prone to chronic diseases, further contributes to the demand for PIVCs. Hence, such factors are expected to drive market growth during the forecast period.
Trends
A key trend shaping the peripheral intravenous catheter market growth is the development of advanced catheter materials and technologies. Manufacturers are focusing on developing catheters with improved biocompatibility, reduced risk of infection, and enhanced ease of insertion. For instance, there is a growing adoption of catheters coated with antimicrobial agents to prevent catheter-related bloodstream infections. Additionally, there is an increasing use of catheters with integrated safety features, such as needleless connectors and securement devices, to minimize the risk of needlestick injuries and catheter dislodgement. These advancements in catheter materials and technologies aim to improve patient comfort, reduce complications, and enhance the overall efficacy of intravenous therapy. Hence, such advancements are expected to drive market growth during the forecast period.
Peripheral Intravenous Catheter Market Overview
The peripheral intravenous catheter market is expected to witness significant growth during the forecast period. However, there are certain challenges and factors that may hinder market growth. One of the key challenges is the risk of complications and functional defects in the manufacturing process. These complications can impact the overall quality and performance of peripheral intravenous catheters. Therefore, strict quality control measures and adherence to manufacturing standards are crucial to ensure the reliability and safety of these medical devices.
Another restraint in the market is the need for clean manufacturing environments. Similar to the wireless chipset market, the manufacturing process of peripheral intravenous catheters requires clean rooms and equipment to prevent contamination. Small particles and dust can have a significant impact on the manufacturing and fabrication process, leading to defects and disruptions in the supply chain. This can result in additional costs and the cancellation of orders.
Furthermore, the complexity of peripheral intravenous catheters is increasing due to the demand for smaller sizes and higher density. This complexity may require the use of new equipment and technologies as the manufacturing process becomes more intricate. These factors can pose challenges and hinder market growth during the forecast period.
Peripheral Intravenous Catheter Market Segmentation By Application
The healthcare sector is the primary application segment driving the growth of the peripheral intravenous catheter market. Peripheral intravenous catheters play a crucial role in delivering medications, fluids, and nutrients directly into the patient's bloodstream. They are widely used in hospitals, clinics, and other healthcare facilities for various medical procedures, including administration of chemotherapy, antibiotics, and pain management drugs. The increasing prevalence of chronic diseases and the growing aging population are expected to drive the demand for peripheral intravenous catheters in the healthcare sector.
Peripheral Intravenous Catheter Market Segmentation By Type
The market for peripheral intravenous catheters is segmented based on the type of catheters. This includes short peripheral intravenous catheters, midline peripheral intravenous catheters, and integrated/closed catheter systems. Short peripheral intravenous catheters are the most commonly used type and are typically inserted into the veins of the arms or hands. Midline peripheral intravenous catheters are longer and can be inserted into larger veins, providing a longer duration of therapy. Integrated/closed catheter systems offer advanced features such as needleless access and reduced risk of contamination. The demand for these different types of catheters is driven by the specific needs of patients and healthcare providers.
Regional Overview
The market for peripheral intravenous catheters is expected to witness significant growth in the Asia-Pacific (APAC) region. APAC is estimated to contribute a substantial share to the global market during the forecast period. The presence of prominent market players and increasing investments in healthcare infrastructure are key factors driving market growth in this region. Countries like China and India have witnessed rapid growth in their healthcare sectors, leading to an increased demand for peripheral intravenous catheters. Additionally, the rising prevalence of chronic diseases and the growing geriatric population in APAC are expected to fuel market growth.
Furthermore, the COVID-19 pandemic had a significant impact on the global peripheral intravenous catheter market. The temporary closure of manufacturing facilities and disruptions in the supply chain affected market growth. However, with the initiation of vaccination drives and the easing of restrictions, the market is expected to recover and witness growth during the forecast period.
Peripheral Intravenous Catheter Market Customer Landscape
The peripheral intravenous catheter market report includes an analysis of the customer landscape, covering the adoption lifecycle of the market from innovators to laggards. It provides insights into the adoption rates in different regions based on penetration. The report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Major Peripheral Intravenous Catheter Market Companies
Companies in the peripheral intravenous catheter market are implementing various strategies to enhance their market presence. These strategies include strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches. Some of the major companies operating in the market include:
- Becton, Dickinson and Company
- B. Braun Melsungen AG
- Smiths Medical
- Terumo Corporation
- C.R. Bard, Inc.
- Teleflex Incorporated
- Vygon SA
- AngioDynamics, Inc.
- Nipro Corporation
- Argon Medical Devices, Inc.
The peripheral intravenous catheter market is highly competitive, with these companies striving to gain a competitive edge through innovation and technological advancements. The report provides a detailed analysis of the competitive landscape and information about these market players.
Peripheral Intravenous Catheter Market Overview
The peripheral intravenous catheter market report forecasts market growth by revenue at the global, regional, and country levels, offering an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
- Hospital
- Ambulatory Surgical Centers
- Clinics
- Others
- Type Outlook (USD Million, 2019 - 2032)
- Short Peripheral Intravenous Catheter
- Integrated/Closed Peripheral Intravenous Catheter
- Winged Peripheral Intravenous Catheter
- Safety Peripheral Intravenous Catheter
- Others
- Material Outlook (USD Million, 2019 - 2032)
- Polyurethane
- Polyethylene
- Teflon
- Others
- Technology Outlook (USD Million, 2019 - 2032)
- Conventional Peripheral Intravenous Catheter
- Safety Peripheral Intravenous Catheter
- End-use Outlook (USD Million, 2019 - 2032)
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Geography Outlook (USD Million, 2019 - 2032)
- North America
- United States
- Canada
- Europe
- United Kingdom
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- South America
- Brazil
- Argentina
- Chile
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENTS: GLOBAL PERIPHERAL INTRAVENOUS CATHETERS MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. PERIPHERAL INTRAVENOUS CATHETERS MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Peripheral Intravenous Catheters Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. PERIPHERAL INTRAVENOUS CATHETERS MARKET BY Product INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2. Integrated/Closed catheters
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3. Peripheral insertion catheters
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. PERIPHERAL INTRAVENOUS CATHETERS MARKET BY End user INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. Hospitals
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3. Ambulatory Surgical Centers
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. PERIPHERAL INTRAVENOUS CATHETERS MARKET REGIONAL OUTLOOK
7.1. Peripheral Intravenous Catheters Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S. Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.3. Europe Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.6.3. France Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K. Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Peripheral Intravenous Catheters Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America Peripheral Intravenous Catheters Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America Peripheral Intravenous Catheters Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1. B. Braun Melsungen AG
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. BD
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Smiths Medical
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4. ICU Medical
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Teleflex Incorporated
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. Company 6
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. Company 7
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. Company 8
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9. Company 9
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. Company 10
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
Personalized Business Report Tailored to Your Requirements
- Our expert analysts collaborate directly with you to comprehend your specific needs.
- Get data on regions, segments, competitors, and vendors of your choice.
- Information is presented in alignment with your exact preferences and formatting.
Free Sample Report
"Find new revenue generation opportunities"