Peripheral Intravenous Catheter Market: Growth, Trends, and Future Outlook

ARKADELPHIA, Ark. - April 3, 2025 - PRLog -- Introduction

The Peripheral Intravenous Catheter (PIVC) Market is experiencing significant growth, driven by rising healthcare demands, increasing prevalence of chronic diseases, and advancements in catheter technology. Peripheral intravenous catheters are essential medical devices used for administering medications, fluids, and blood products directly into a patient's bloodstream. Their widespread use in hospitals, clinics, and ambulatory care centers makes them a critical component of modern healthcare.

Market Overview

The global Peripheral Intravenous Catheter Market was valued at USD 4.5 billion in 2023 and is projected to grow at a CAGR of 6.2% from 2024 to 2032. The increasing number of surgical procedures, rising geriatric population, and growing incidence of chronic diseases such as cancer, diabetes, and cardiovascular disorders are major factors fueling market expansion.

Key Market Drivers

1. Rising Hospital Admissions & Surgical Procedures
• The growing number of hospitalizations due to infections, trauma, and chronic illnesses has increased the demand for PIVCs.
• Surgical procedures requiring fluid administration and anesthesia further boost market growth.
2. Technological Advancements
• Innovations such as safety-engineered catheters, antimicrobial-coated PIVCs, and ultrasound-guided insertions enhance patient safety and reduce complications like infections and phlebitis.

Click Here For More Details: https://www.globenewswire.com/en/news-release/2022/8/19/2501701/0/en/Peripheral-Intravenous-Catheter-Market-Size-is-expected-to-be-worth-USD-8-730-Million-by-2030-at-a-CAGR-of-6-2-Owing-to-Rising-Incidence-of-Chronic-Illnesses-and-Surgical-Intervent.html

Competitive Landscape

The PIVC market is highly competitive, with key players focusing on product innovation, mergers, and acquisitions to strengthen their market position.

Top Companies in the PIVC Market

1. Becton, Dickinson and Company (BD) – Leading player with advanced safety catheters.
2. B. Braun Melsungen AG – Known for its high-quality IV catheters.
3. Smiths Medical – Offers innovative PIVC solutions.
4. Terumo Corporation – Specializes in precision-engineered catheters.
5. Vygon Group – Focuses on eco-friendly and patient-safe IV devices.

Recent Developments:

• BD launched the Nexiva™ Diffusics™ Closed IV Catheter System, reducing complications.
• B. Braun introduced Introcan Safety® IV Catheters with passive safety mechanisms.
• Teleflex acquired Z-Medica, expanding its vascular access portfolio.

Challenges and Restraints

Despite strong growth, the PIVC market faces challenges:

• Risk of Catheter-Related Infections – Leading to complications like bloodstream infections.
• High Cost of Safety Catheters – Limiting adoption in low-income regions.
• Need for Skilled Professionals – Improper insertion can lead to complications.

View Source For More Information: https://www.acumenresearchandconsulting.com/peripheral-intravenous-catheter-market