The North America Intravenous Equipment Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030).
The different medical equipment and tools used to administer fluids, medicines, and nutrients straight into a patient's veins are called intravenous equipment. This equipment is made to provide precise and secure drug administration during intravenous (IV) therapy. IV catheters, infusion pumps, administration sets, securement devices, needleless connectors, drip chambers, and stopcocks are just a few examples of the various intravenous equipment used.
The market is expanding as a result of the rise in chronic disease prevalence, the rapid aging of the population, and technical improvements. Chronic diseases like diabetes, cancer, cardiovascular disease, and respiratory conditions are on the rise. In order to effectively treat and control these diseases, intravenous therapy is frequently needed. The demand for intravenous equipment, including catheters, infusion pumps, and administration sets, is driven by the rise in the prevalence of chronic diseases.
Chronic diseases are more common as people age, and intravenous therapy is more necessary. Since intravenous equipment is essential for providing drugs, fluids, and nutrition to manage and treat various age-related disorders, the rising geriatric population is increasing demand for it. The market is growing significantly as a result of this demographic change.
The medical device sector in Canada is very diverse, and the majority of key market players are small and medium-sized enterprises (SMEs). The main activities include the development of diagnostic, medical, and therapeutic gadgets, as well as their manufacturing and regulation. According to the International Trade Administration, the medical device industry is estimated to be worth USD 6.5 billion and is projected to expand by 2.1% year through 2026. Medical equipment exporters from the United States have prospects in the Canadian sector. About 70areof domestic demand for medical gadgets is met by total imports. In 2021, the United States provided around 32% of Canada’s total imports of manufactured medical goods and equipment, followed by China, Mexico, and Germany. Therefore, North America has very profitable future prospects for the market.
The US market dominated the North America Intravenous Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,745.3 Million by 2030. The Canada market is experiencing a CAGR of 7.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.4% during (2023 - 2030).
Based on Product Type, the market is segmented into IV catheters, Infusion Pumps, Administration Sets, Needleless Connectors, and Others. Based on End User, the market is segmented into Hospitals & Clinics, Homecare Settings and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Intravenous Equipment Market is Projected to reach USD 21.9 Billion by 2030, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AngioDynamics, Inc., B. Braun Melsungen AG, ICU Medical, Inc., 3M Company, Teleflex, Inc., Terumo Corporation, Baxter International, Inc., Becton, Dickinson and Company, Vygon and Poly Medicure Limited
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- IV catheters
- Infusion Pumps
- Administration Sets
- Needleless Connectors
- Others
By End User
- Hospitals & Clinics
- Homecare Settings
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AngioDynamics, Inc.
- B. Braun Melsungen AG
- ICU Medical, Inc.
- 3M Company
- Teleflex, Inc.
- Terumo Corporation
- Baxter International, Inc.
- Becton, Dickinson and Company
- Vygon
- Poly Medicure Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Intravenous Equipment Market, by Product Type
1.4.2 North America Intravenous Equipment Market, by End User
1.4.3 North America Intravenous Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Intravenous Equipment Market
Chapter 5. North America Intravenous Equipment Market by Product Type
5.1 North America IV catheters Market by Country
5.2 North America Infusion Pumps Market by Country
5.3 North America Administration Sets Market by Country
5.4 North America Needleless Connectors Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Intravenous Equipment Market by End User
6.1 North America Hospitals & Clinics Market by Country
6.2 North America Homecare Settings Market by Country
6.3 North America Others Market by Country
Chapter 7. North America Intravenous Equipment Market by Country
7.1 US Intravenous Equipment Market
7.1.1 US Intravenous Equipment Market by Product Type
7.1.2 US Intravenous Equipment Market by End User
7.2 Canada Intravenous Equipment Market
7.2.1 Canada Intravenous Equipment Market by Product Type
7.2.2 Canada Intravenous Equipment Market by End User
7.3 Mexico Intravenous Equipment Market
7.3.1 Mexico Intravenous Equipment Market by Product Type
7.3.2 Mexico Intravenous Equipment Market by End User
7.4 Rest of North America Intravenous Equipment Market
7.4.1 Rest of North America Intravenous Equipment Market by Product Type
7.4.2 Rest of North America Intravenous Equipment Market by End User
Chapter 8. Company Profiles
8.1 AngioDynamics, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 B. Braun Melsungen AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 ICU Medical, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 3M Company
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Teleflex, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Terumo Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Baxter International, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Becton, Dickinson, and Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 VYGON
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Poly Medicure Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 SWOT Analysis
TABLE 1 North America Intravenous Equipment Market, 2019 - 2022, USD Million
TABLE 2 North America Intravenous Equipment Market, 2023 - 2030, USD Million
TABLE 3 North America Intravenous Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 4 North America Intravenous Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 5 North America IV catheters Market by Country, 2019 - 2022, USD Million
TABLE 6 North America IV catheters Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Infusion Pumps Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Infusion Pumps Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Administration Sets Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Administration Sets Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Needleless Connectors Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Needleless Connectors Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Intravenous Equipment Market by End User, 2019 - 2022, USD Million
TABLE 16 North America Intravenous Equipment Market by End User, 2023 - 2030, USD Million
TABLE 17 North America Hospitals & Clinics Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Hospitals & Clinics Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Homecare Settings Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Homecare Settings Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Intravenous Equipment Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Intravenous Equipment Market by Country, 2023 - 2030, USD Million
TABLE 25 US Intravenous Equipment Market, 2019 - 2022, USD Million
TABLE 26 US Intravenous Equipment Market, 2023 - 2030, USD Million
TABLE 27 US Intravenous Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 28 US Intravenous Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 29 US Intravenous Equipment Market by End User, 2019 - 2022, USD Million
TABLE 30 US Intravenous Equipment Market by End User, 2023 - 2030, USD Million
TABLE 31 Canada Intravenous Equipment Market, 2019 - 2022, USD Million
TABLE 32 Canada Intravenous Equipment Market, 2023 - 2030, USD Million
TABLE 33 Canada Intravenous Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 34 Canada Intravenous Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 35 Canada Intravenous Equipment Market by End User, 2019 - 2022, USD Million
TABLE 36 Canada Intravenous Equipment Market by End User, 2023 - 2030, USD Million
TABLE 37 Mexico Intravenous Equipment Market, 2019 - 2022, USD Million
TABLE 38 Mexico Intravenous Equipment Market, 2023 - 2030, USD Million
TABLE 39 Mexico Intravenous Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 40 Mexico Intravenous Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 41 Mexico Intravenous Equipment Market by End User, 2019 - 2022, USD Million
TABLE 42 Mexico Intravenous Equipment Market by End User, 2023 - 2030, USD Million
TABLE 43 Rest of North America Intravenous Equipment Market, 2019 - 2022, USD Million
TABLE 44 Rest of North America Intravenous Equipment Market, 2023 - 2030, USD Million
TABLE 45 Rest of North America Intravenous Equipment Market by Product Type, 2019 - 2022, USD Million
TABLE 46 Rest of North America Intravenous Equipment Market by Product Type, 2023 - 2030, USD Million
TABLE 47 Rest of North America Intravenous Equipment Market by End User, 2019 - 2022, USD Million
TABLE 48 Rest of North America Intravenous Equipment Market by End User, 2023 - 2030, USD Million
TABLE 49 Key Information – AngioDynamics, Inc.
TABLE 50 Key Information – B. Braun Melsungen AG
TABLE 51 Key information – ICU Medical, Inc.
TABLE 52 Key Information – 3M Company
TABLE 53 Key Information – Teleflex, Inc.
TABLE 54 Key Information – Terumo Corporation
TABLE 55 Key Information – Baxter International, Inc.
TABLE 56 Key Information – Becton, Dickinson and Company
TABLE 57 Key Information – VYGON
TABLE 58 Key Information – Poly Medicure Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Intravenous Equipment Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Intravenous Equipment Market
FIG 4 Porter’s Five Forces Analysis – Intravenous Equipment Market
FIG 5 North America Intravenous Equipment Market share by Product Type, 2022
FIG 6 North America Intravenous Equipment Market share by Product Type, 2030
FIG 7 North America Intravenous Equipment Market by Product Type, 2019 - 2030, USD Million
FIG 8 North America Intravenous Equipment Market share by End User , 2022
FIG 9 North America Intravenous Equipment Market share by End User , 2030
FIG 10 North America Intravenous Equipment Market by End User, 2019 - 2030, USD Million
FIG 11 North America Intravenous Equipment Market share by Country, 2022
FIG 12 North America Intravenous Equipment Market share by Country, 2030
FIG 13 North America Intravenous Equipment Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: AngioDynamics, Inc.
FIG 15 SWOT Analysis: B. Braun Melsungen AG
FIG 16 SWOT ANALYSIS: ICU Medical, Inc.
FIG 17 SWOT ANALYSIS: 3M Company
FIG 18 SWOT Analysis: Teleflex, Inc.
FIG 19 SWOT Analysis: Terumo Corporation
FIG 20 SWOT Analysis: Baxter International, Inc.
FIG 21 SWOT Analysis: Becton, Dickinson and company
FIG 22 SWOT Analysis: VYGON
FIG 23 SWOT Analysis: Poly Medicure Ltd.