Iv Equipment Market Size, Share & Trends Analysis Report
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Iv Equipment Market Size, Share & Trends Analysis Report

In a recent research report by Market Research Community, the IV Equipment Market is expected to surpass USD 20.78 Billion by the year 2030, from USD 13.64 Billion in 2021.

The IV equipment market refers to the industry that produces and sells equipment and devices used in intravenous therapy. This includes IV pumps, catheters, cannulas, tubing, needles, and other related products.

Intravenous (IV) equipment is medical equipment used to administer medications, fluids, or nutrients directly into a patient's bloodstream through a vein. Some common uses of IV equipment include administering fluids to rehydrate a patient, administering medications to treat an infection or pain, and providing nutrition to patients who are unable to eat or absorb nutrients through the gastrointestinal tract.

The market is anticipated to grow at a CAGR of approximately 6.5 %, over the forecast period of 2022–2028, despite the considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.

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Market Segmentation:

By Product

·         IV Catheters

·         Administration Sets

·         Infusion Pumps

·         Securement Devices

·         Stopcocks & Check Valves

·         Drip Chambers

·         Needleless Connectors

·         Other          

By End User

·         Hospitals & Clinics

·         Home Care

·         Ambulatory Care Centers

Regional Analysis: North America– (U.S., Canada, Mexico) Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe) Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific) Latin America- (Brazil, Argentina, Chile, Rest of Latin America) Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)

Top Key Players of the IV Equipment Market:

The report includes a regional analysis and country analysis with the latest trends, along with the major key players including B. Braun Melsungen AG, Fresenius SE & Co. KGaA, Baxter International Inc., Smiths Medical, ICU Medical, Inc., C. R. Bard, Inc., Terumo Corporation, Moog, Inc., AngioDynamics, Inc.

The Asia-Pacific region is expected to see the highest growth in the IV Equipment Market Size due to an increasing population, rising healthcare expenditure, and a growing number of hospitals and clinics in the region.

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