Global Peripheral IV Catheter Insertion Kit Market Outlook
Revenue, 2024
$1.7B
Forecast, 2034
$3.9B
CAGR, 2025 - 2034
8.9%
The Peripheral IV Catheter Insertion Kit industry revenue is expected to be around $1.8 billion in 2025 and expected to showcase growth with 8.9% CAGR between 2025 and 2034. The strong growth of the market for Peripheral IV Catheter Insertions Kits is being fueled by important factors. Such as the increasing incidence of chronic illnesses leading to higher hospital admissions requiring these kits to be used more frequently. Additionally the expanding elderly population, who are more susceptible to a range of health issues also plays a role in driving market expansion. Moreover the continuous advancements in technology that focus improving patient comfort and reducing infection risks are boosting the demand, for Peripheral IV Catheter Insertions Kits. These sets have become essential in today's healthcare landscape. Play a vital role in diverse medical procedures and therapies.
The Peripheral Intravenous Catheter Insert Kit is a tool utilized to administer fluids and medications into a patients vein directly with precision and safety measures in place for optimal outcomes in various healthcare settings such as hospitals and clinics for treatments like fluid therapy or administering medications and nutrients along, with blood transfusions.
Market Key Insights
- The Peripheral IV Catheter Insertion Kit market is projected to grow from $1.7 billion in 2024 to $3.9 billion in 2034. This represents a CAGR of 8.9%, reflecting rising demand across Hospital Use, Home Healthcare and Emergency Medical Services.
- Becton Dickinson and Company, Smiths Medical, B. Braun Melsungen AG are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Peripheral IV Catheter Insertion Kit market and are expected to observe the growth CAGR of 6.5% to 9.3% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 8.5% to 11.1%.
- Transition like Technological Advancements is expected to add $118 million to the Peripheral Iv Catheter Insertion Kit market growth by 2030.
- The Peripheral IV Catheter Insertion Kit market is set to add $2.2 billion between 2024 and 2034, with manufacturer targeting Ambulatory Surgical Centers & Home Healthcare End-User Setting projected to gain a larger market share.
- With
rising incidence of chronic diseases, and
technological advancements in catheter design, Peripheral IV Catheter Insertion Kit market to expand 135% between 2024 and 2034.
Opportunities in the Peripheral IV Catheter Insertion Kit
The market for Peripheral IV Catheter Insertn Kits is also experiencing technological progress with improvements, in kit design and materials aimed at boosting patient comfort and minimizing complications leading to a significant market growth projection ahead.
Growth Opportunities in North America and Asia-Pacific
North America holds importance in the market for Peripheral IV Catheter Insertions Kits with a focus on the United States especially for its advanced healthcare facilities and the rising need for such kits due to increasing chronic illnesses and surgical procedures happening in the region There is intense competition in this market space with prominent players like Becton Dickinson and Company and Smith Medical leading the industry through their continuous efforts, in research and development to bring forth new and effective Peripheral IV Catheter Insertions Kits. The region also provides openings for newcomers to enter the market with affordable solutions focusing particularly in safety IV catheters due to rising demand and the shift towards home healthcare, in this locality.
The Asia Pacific region is experiencing expansion in the market for Peripheral IV Catheter Insertio Kits. The growth in this region can be attributed to the rise in healthcare spending an increasing number of patients seeking care and a growing understanding of the advantages of using Peripheral IV Catheter Insertio Kits. Nations such as China and India are becoming markets due to their large population needing medical treatment and improving healthcare facilities. The market, in this region is diversified with a mix of international companies involved. The competition is anticipated to heat up as new competitors enter the market and introduce products to meet the growing demand, for lifestyle choices.
Market Dynamics and Supply Chain
01
Driver: Rising Incidence of Chronic Diseases, and Increasing Demand for Minimally Invasive Procedures
The rising occurrence of long term illnesses like diabetes, cancer and heart related ailments has also created a growing need for kits used in inserting Peripheral IV Catheters. These kits play a role, in delivering drugs, liquids or essential nutrients directly into the patients veins. Minimized invasive techniques are also increasingly favored over surgery methods in driving the demand for Peripheral IV Catheter Insertions Kits in the market scenario playing a pivotal role, in ensuring accurate fluid IV infusion and medication dispersion while prioritizing patient comfort and ease of use.
The ongoing progress in catheter technology has also led to the enhancement of Peripheral IV Catheter Insertions Kits with microbial and anti thrombotic features for increased efficiency and safety for patients. The improved catheters have also lowered the chances of complications like infections and blood clots associated with catheter use—making them more favored by healthcare providers and patients. This trend is also predicted to drive the demand, for advanced Peripheral IV Catheter Insertions Kits in the market.
02
Restraint: High Cost of Peripheral IV Catheter Insertion Kits
The steep price of IV catheter insertion kits poses a substantial obstacle to market expansion. These packages typically consist of a range of items like catheters, needles, syringes and additional essential supplies. All contributing to the expense. This could pose a challenge for medical institutions working with limited budgets especially in developing areas where healthcare funds are scarce. Moreover this significant cost may discourage buyers leading to a decrease, in market interest.
03
Opportunity: Strategic Collaborations and Emerging Markets
Collaborations between healthcare providers and manufacturers play a role in boosting the market for Peripheral IV Catheter Insertions Kits by expanding their accessibility and refining their design with insights, from healthcare experts while also increasing their utilization through educational initiatives and awareness campaigns.
Emerging markets like Indias and those in China and Brazil offer an untapped opportunity, for the market of Peripheral IV Catheter Insert Kits as healthcare spending rises and awareness of their advantages grows in these regions to drive market expansion.
04
Challenge: Risk of Complications and Infections
The potential for problems and infections linked to the utilization of IV catheter insertion kits is a notable concern that persists despite technological progress and improved sterilization techniques, in healthcare settings.
Supply Chain Landscape
1
Raw Material Suppliers
Becton DickinsonMedtronic
2
Component Manufacturers
Smiths MedicalTerumo Corporation
3
Assembly & Packaging
B. Braun MelsungenTeleflex Incorporated
4
Distribution & End-Users
HospitalsClinicsAmbulatory Surgical Centers
1
Raw Material Suppliers
Becton DickinsonMedtronic
2
Component Manufacturers
Smiths MedicalTerumo Corporation
3
Assembly & Packaging
B. Braun MelsungenTeleflex Incorporated
4
Distribution & End-Users
HospitalsClinicsAmbulatory Surgical Centers
Use Cases of Peripheral IV Catheter Insertion Kit in Hospital Use & Home Healthcare
Hospital Use : Hospitals frequently utilize the Peripheral IV Catheter Insert kit to deliver medications and fluids to patients and manage their hydration levels well as collect blood samples when needed. The standard IV Catheter Insert kit usually contains components like a catheter tube necessary needles, syringes and other tools crucial for the procedure. This specific kit stands out due to its all design that streamlines the process of inserting the catheter effectively by having all the required items, in one convenient package. Top contenders, in this app are Becton Dickinson and Company and B Braun Melsungen AG renowned for their top notch kits and solid market presence.
Home Healthcare : The kit for inserting an IV catheter is also utilized in home healthcare situations; especially for patients in need of extended intravenous treatments. The safety focused peripheral IV catheter insertion kit is primarily employed in this context. Its standout feature lies in its emphasis on safety measures which renders it suitable for usage by individuals, without medical training. Key figures involved in this app encompass Smiths Medical and Terumo Corporation. Both hold market presence and are known for their safety and dependability.
Emergency Medical Services : In situations requiring medical attention and treatment delivery in the field of emergency medical services, healthcare providers rely on the Peripheral IV Catheter Insert Kit for promptly administering fluids and medications to patients in need. The designed Peripheral IV Catheter Insert Kit prioritizes swift and effective insertion methods tailored for seamless application within this critical medical context. These kits ensure reliability, ease of use, and safety, enabling rapid response in emergencies and supporting healthcare professionals in providing efficient patient care during urgent and life-saving medical interventions.
Recent Developments
The market for Peripheral IV Catheter Insertions Kits has seen progress in recent times due to key factors such as the growing incidence of diseases necessitating intravenous drug administration and the surging need for minimally invasive surgical methods to be performed. Furthermore the introduction of products like safety IV catheters and integrated/closed catheters has played a significant role, in driving the markets growth.
December 2024 : Smiths Medical unveiled a cutting edge Peripheral IV Catheter Insertion Kit featuring a insertion skin disinfection system designed to lower infection rates during intravenous procedures.
October 2024 : Becton Dickinson and Company introduced a new Peripheral IV Catheter Inserting Kit that features technology to offer real time guidance, to healthcare professionals as they perform the insertion process.
July 2024 : The company B. Braun Melsungen AG has disclosed a commitment to advancing research and development in creating advanced tools, for inserting Peripheral IV Catheters aimed at improving patient comfort and user friendliness.
Impact of Industry Transitions on the Peripheral IV Catheter Insertion Kit Market
As a core segment of the Medical Device industry,
the Peripheral IV Catheter Insertion Kit market develops in line with broader industry shifts.
Over recent years, transitions such as Technological Advancements and Regulatory Changes have redefined priorities
across the Medical Device sector,
influencing how the Peripheral IV Catheter Insertion Kit market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Technological Advancements
The field of medicine has seen a shift due to technological progressions focused on Peripheral IV Catheter Insertions Kits evolution and use specifically. The integration of materials and designs has resulted in the development of more effective and user friendly kits that improve patient comfort and lower infection risks. For example the introduction of safety IV catheters aimed at reducing needlestick injuries has transformed healthcare procedures resultig in patient results and heightened safety measures, for healthcare providers. This industry transition is expected to add $118 million in the industry revenue between 2024 and 2030.
02
Regulatory Changes
In the industry there have been changes due to strict rules and regulations put in place by authorities. These rules require the creation of top notch Peripheral IV Catheter Insert Kits that are trustworthy and reliable. Because of this requirement for quality assurance and safety checks in the manufacturing process product quality has increased significantly while also earning trust from users leading to a growth trend, in the market.