- Intravenous (IV) equipment plays a vital role in modern medical care by enabling the direct administration of fluids, medications, and nutrients into the bloodstream, ensuring rapid and controlled therapeutic effects
- The market is significantly driven by the rising global burden of chronic illnesses such as cancer, diabetes, and cardiovascular diseases, which often require long-term IV therapy for treatment and management
- North America is expected to dominate the IV equipment market with largest market share of 34.9%, due to its well-established healthcare infrastructure, high healthcare spending, and widespread adoption of advanced infusion technologies
- Asia-Pacific is expected to be the fastest growing region in the intravenous (IV) equipment market during the forecast period due growing investments in healthcare infrastructure, increasing hospital admissions, and rising awareness of infection control
- Peripheral catheters segment is expected to dominate the market with largest market share of 41.2% due to their applications and adaptability in various clinical practices. The peripheral catheters help deliver fluids, drugs, and blood products to the body with minimal complication risks, making them demanding in hospitals, outpatient facilities, and emergency care
