Global peripheral intravenous catheter market is estimated to be valued at US$ 7.4 Bn in 2023, and is expected to exhibit a CAGR of 8.3% during the forecast period (2023-2030).
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 7.4 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
8.30% |
2030 Value Projection: |
US$ 12.9 Bn |
Figure 1. Global Peripheral Intravenous Catheter Market Share (%), By Product Type, 2023

Peripheral intravenous catheter (PIVC) is a small flexible tube that is inserted into a peripheral vein for the delivery of medicines and nutritional supplements. It is widely used in the collection of blood samples for diagnostic purpose. The peripheral intravenous catheters can be divided into two types: short peripheral intravenous catheters (PIVCs) and integrated/closed catheters (PIVCs). The peripheral intravenous catheter is usually inserted into the lower part of the arm or the back of the hand. Peripheral intravenous catheters (PIVCs) are the most commonly used as intravenous devices in hospitalized pediatric patients. These are primarily used for therapeutic purposes such as administration of medications, fluids, and blood products. Key players in the peripheral intravenous catheter market are focusing on the development of technologically advanced equipments, instruments, and systems for various surgical procedures. Thus, introduction of such advanced products in the market is expected to drive global peripheral intravenous catheter market growth over the forecast period.
Market Dynamics
Key players in the global peripheral intravenous catheter market are focusing on product launch. Thus, introduction of new products in the market is expected to drive growth of the global peripheral intravenous catheter market over the forecast period. For instance, in March 2022, Shockwave Medical Inc., a pioneer in the development of intravascular lithotripsy (IVL) to treat severely calcified cardiovascular disease, announced the global commercial availability of the Shockwave M5+ peripheral IVL catheter after receiving both CE Mark and U.S. Food and Drug Administration (FDA) clearance.
Key features of the study:
- The report provides an in-depth analysis of the global peripheral intravenous catheter market and provides market size (US$ Bn) and compound annual growth rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global peripheral intravenous catheter market based on the following parameters- company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include BD, ICU Medical, Inc., Surmodics, Inc., B. Braun SE, Greiner Bio-One International GmbH, Terumo Corporation, Vygon, Healthline Medical Products, Retractable Technologies, Inc., Nipro Medical Corporation, Medsource Labs., Argon Medical Devices., Integral Lifesciences Holdings Corporation, Intra Special Catheters GmbH, Medical Components, Inc., Merit Medical Systems., Heka s.r.l., Raumedic AG, Cook, Teleflex Incorporated
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global peripheral intravenous catheter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global peripheral intravenous catheter market
Global Peripheral Intravenous Catheter Market Detailed Segmentation:
- By Product Type:
- Ported PIVC
- Non-ported PIVC
- Short PIVC
- Integrated/Closed PIVC
- By Technology:
- By End User:
- Hospital
- Clinics
- Ambulatory Surgical Centers
- Homecare Settings
- Others
- By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles
- BD
- ICU Medical, Inc.
- Surmodics, Inc.
- Braun SE
- Greiner Bio-One International GmbH
- Terumo Corporation
- Vygon
- Healthline Medical Products
- Retractable Technologies, Inc.
- Nipro Medical Corporation
- Medsource Labs.
- Argon Medical Devices.
- Integral Lifesciences Holdings Corporation
- Intra Special Catheters GmbH
- Medical Components, Inc.
- Merit Medical Systems.
- Heka s.r.l.
- RAUMEDIC AG
- Cook
- Teleflex Incorporated