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Peripheral Intravenous Catheter Market: Asia Pacific Regional Market to Witness the Fastest Growth Throughout the Forecast Period: Global Industry Analysis & Opportunity Assessment, 2016-2021

Peripheral Intravenous Catheter Market: Asia Pacific Regional Market to Witness the Fastest Growth Throughout the Forecast Period: Global Industry Analysis & Opportunity Assessment, 2016-2021

Peripheral intravenous catheter is a sophisticated medical device widely used to deliver certain fluids, especially medicines, into a patient’s body through a vein. It is a critically important part of a medical treatment procedure that facilitates drug delivery through an intravenous route. It can also be used in body fluid collection for a patient’s physical examination. PIVC is considered ideal for easy, direct administration of antibiotics, IVs, analgesics, and psycoleptics. It plays a vital role in prevention of blood-borne pathogenic infections. These attributes are currently driving the market for peripheral intravenous catheter on a global level.

FMI indicates that the global peripheral intravenous catheter market will see steady growth over the next few years. The market is predicted to expand at a CAGR of 6.1% over 2016-2021. The revenues are estimated to reach US$ 5.22 Bn by the end of 2021.

Disease Prevalence and Frequent Epidemics Spur Demand for PIVC

Increasing disease prevalence and rising incidences of infection will continue to spur the demand for catheterisation in hospitals, healthcare centres, ambulatory surgical centres, clinics, and home healthcare units. Soaring frequency of disease epidemics is anticipated to generate substantial demand for peripheral intravenous catheters in order to accomplish patient examination, diagnosis, and treatment. This is likely to include a larger share of PIVCs, compared to other catheters.

Increasing Preference for Safety IV Catheters Primarily Drive Market

Increased spending on healthcare and advancements in healthcare infrastructure will continue to hold a positive influence on market growth. Moreover, the advent of PIVC technology will further boost the sales. Rising ability to afford expensive medical treatments, such as catheterization, will remain a key driver to market growth. User-friendly material composition of peripheral intravenous catheters compared to other counterparts, is another factor that makes them a preferred choice among physicians as well as patients.

Improvisation of PIVC Material and Design Favour Market Growth

Technological innovations in catheterization technique are also expected to propel the demand for peripheral intravenous catheters. Growing usage of non-irritant, harmless, and user-friendly materials in manufacturing of PIVC can reportedly eliminate associated ill effects and risks, extending the expected PIVC access. Moreover, manufacturers have already started improving PIVC design to overcome the complications associated with previous designs. This is considered to be an important factor influencing the market growth.

Expensive PIVC Price Hampers Market Growth, Especially in Developing Regions

Despite having a wide range of advantages, the PIVC market has to face certain technological and qualitative complications, as well as price restraints. Higher costs and reported complications and ill effects of PIVC, such as needle-stick injuries and exposure of blood, may remain a longstanding barrier to mass adoption of peripheral intravenous catheter in near future. Unaffordable catheterisation procedure can hamper PIVC penetration in developing markets in Asia Pacific, Middle East and Africa, and Latin America. Conventional PIVC sales is likely to witness a significant drop owing to stringent regulatory measures related to medical devices in some regions, including EU, Japan, China, Brazil, and Russia.

Short PIVC Continue to Gain Higher Traction

On the basis of product, the global peripheral intravenous catheter market is segmented into the short peripheral intravenous catheter and integrated/closed peripheral intravenous catheter. Short PIVC segment is sub-segmented into ported peripheral IV catheter and non-ported peripheral IV catheter, and will dominate market with nearly 67% value share, expanding at a moderate CAGR over 2016-2021. However, integrated/closed PIVC segment will witness the highest CAGR of 5.5% during the forecast period.

Safety PIVC Highly Preferred over Other Catheter Products

Based on technology, safety PIVC segment is estimated to dominate the market, accounting for the largest revenue share by 2021 end. This segment will witness a promising CAGR during the forecast period, attributed to user-friendly material composition and extended access.

Hospitals Continue to Generate Highest Demand for PIVC, Followed by Ambulatory Surgical Units

By end-user, the global market for peripheral intravenous catheter is segmented into hospitals, ambulatory surgical centres, clinics, home use, and others. Hospitals segment is expected to register the highest revenues by the end of 2021, accounting for a dominating market share. Ambulatory surgical centres segment is likely to remain the second-largest segment, contributing significantly to the entire market revenues.

North America Remains the Largest Shareholder, Asia Pacific Witnesses the Fastest Growth

North America will continue to represent over 45% of the entire market value, reaching the revenues of around US$ 2.37 Bn over 2016-2021. Europe is expected to remain the second largest regional market. APAC will demonstrate the fastest growth rate over the assessment period. This growth is primarily due to burgeoning geriatric population and increasing healthcare expenditure.

Product Innovation Remains at the Centre Stage for Key Market Players

Key companies in the global peripheral intravenous catheter market are B. Braun Melsungen AG, Becton Dickinson and Company, Vygon Group, C. R. Bard, Inc., Smith Medical, Tangent Medical, and Terumo Corporation. B. Barun recently featured one of their latest product advancements - Ster-ASSIST™ i.e. Sterile Peripheral IV Catheter Insertion Kit (30th Association for Vascular Access (AVA) Annual Scientific Meeting).


1. Research Methodology
2. Assumptions & Acronyms Used
3. Executive Summary
4. Market Definition
5. Global Peripheral Intravenous Catheter Market Overview
5.1. Introduction
5.1.1. Market Value & Y-O-Y Growth
5.1.2. Absolute $ Opportunity
5.1.3. Market Value Forecast, 2015–2025
5.2. Taxonomy
6. Regulations
7. Global Peripheral Intravenous Catheter Market Dynamics
7.1. Drivers
7.2. Restraints
7.3. Trends
7.4. Opportunity
8. Global Peripheral Intravenous Catheter Market Analysis and Forecast By Product Type
8.1. Introduction
8.1.1. Market Value & Y-o-Y Growth
8.1.2. Market Value Share & BPS Analysis
8.2. Global Peripheral Intravenous Catheter Market Forecast By Product Type
8.2.1. Short Peripheral Intravenous Catheter
8.2.1.1. Market Value & Y-o-Y Growth
8.2.1.2. Absolute $ Opportunity
8.2.1.3. Ported Peripheral Intravenous Catheter
8.2.1.3.1. Market Value & Y-o-Y Growth
8.2.1.3.2. Absolute $ Opportunity
8.2.1.4. Non-ported Peripheral Intravenous Catheter
8.2.1.4.1. Market Value& Y-o-Y Growth
8.2.1.4.2. Absolute $ Opportunity
8.2.2. Integrated/Closed Peripheral Intravenous Catheter
8.2.2.1. Market Value & Y-o-Y Growth
8.2.2.2. Absolute $ Opportunity
8.2.3. North America Market Value By Product
8.2.4. North America Market Volume By Product
8.2.5. Latin America Market Value By Product
8.2.6. Latin America Market Volume By Product
8.2.7. Europe Market Value By Product
8.2.8. Europe Market Volume By Product
8.2.9. Asia Pacific Market Value By Product
8.2.10. Asia Pacific Market Volume By Product
8.2.11. Middle East and Africa Market Value By Product
8.2.12. Middle East And Africa Market Volume By Product
8.2.13. Global Peripheral Intravenous Catheter Market Attractiveness Analysis By Product Type
9. Global Peripheral Intravenous Catheter Market Analysis and Forecast By Technology
9.1. Introduction
9.1.1. Market Value & Y-o-Y Growth
9.1.2. Market Value Share & BPS Analysis
9.2. Global Peripheral Intravenous Catheter Market Forecast By Technology
9.2.1. Conventional Peripheral Intravenous Catheter
9.2.1.1. Market Value & Y-o-Y Growth
9.2.1.2. Absolute $ Opportunity
9.2.2. Safety Peripheral Intravenous Catheter
9.2.2.1. Market Value & Y-o-Y Growth
9.2.2.2. Absolute $ Opportunity
9.2.3. North America Market Value By Technology
9.2.4. North America Market Volume By Technology
9.2.5. Latin America Market Value By Technology
9.2.6. Latin America Market Volume By Technology
9.2.7. Europe Market Value By Technology
9.2.8. Europe Market Volume By Technology
9.2.9. Asia Pacific Market Value By Technology
9.2.10. Asia Pacific Market Volume By Technology
9.2.11. Middle East and Africa Market Value By Technology
9.2.12. Middle East And Africa Market Volume By Technology
9.2.13. Global Peripheral Intravenous Catheter Market Attractiveness Analysis By Technology
10. Global Peripheral Intravenous Catheter Market Analysis and Forecast By End-Users
10.1.Introduction
10.1.1. Market Value & Y-o-Y Growth
10.1.2. Market Value Share & BPS Analysis
10.2.Global Peripheral Intravenous Catheter Market Forecast By End-Users
10.2.1. Global Peripheral Intravenous Catheter Market Forecast By Hospital End-Use Segment
10.2.1.1. Market Value & Y-o-Y Growth
10.2.1.2. Absolute $ Opportunity
10.2.2. Global Peripheral Intravenous Catheter Market Forecast By Ambulatory Surgical centers End-Use Segment
10.2.2.1. Market Value & Y-o-Y Growth
10.2.2.2. Absolute $ Opportunity
10.2.3. Global Peripheral Intravenous Catheter Market Forecast By Clinics End-Use Segment
10.2.3.1. Market Value & Y-o-Y Growth
10.2.3.2. Absolute $ Opportunity
10.2.4. Global Peripheral Intravenous Catheter Market Forecast By Home Use End-Use Segment
10.2.4.1. Market Value & Y-o-Y Growth
10.2.4.2. Absolute $ Opportunity
10.2.5. Global Peripheral Intravenous Catheter Market Forecast By Others End-Use Segment
10.2.5.1. Market Value & Y-o-Y Growth
10.2.5.2. Absolute $ Opportunity
10.2.6. North America Market Value By End-Users
10.2.7. North America Market Volume By End-Users
10.2.8. Latin America Market Value By End-Users
10.2.9. Latin America Market Volume By End-Users
10.2.10. Europe Market Value By End-Users
10.2.11. Europe Market Volume By End-Users
10.2.12. Asia Pacific Market Value By End-Users
10.2.13. Asia Pacific Market Volume By End-Users
10.2.14. Middle East and Africa Market Value By End-Users
10.2.15. Middle East And Africa Market Volume By End-Users
10.2.16. Global Peripheral Intravenous Catheter Market Attractiveness Analysis By End-Users
11. Global Peripheral Intravenous Catheter Market Analysis and Forecast By Region
11.1.Introduction
11.1.1. Market Value & Y-o-Y Growth
11.1.2. Market Value Share & BPS Analysis
11.2.Global Peripheral Intravenous Catheter Market Value By Region
11.3.Global Peripheral Intravenous Catheter Market Volume By Region
11.4 Peripheral Intravenous Catheter Market Forecast By North America
11.4.1. Market Value & Y-o-Y Growth
11.4.2. Absolute $ Opportunity
11.4.3. North America Peripheral Intravenous Catheter Market Forecast By U.S.
11.4.3.1. Market Value & Y-o-Y Growth
11.4.3.2. Absolute $ Opportunity
11.4.4. North America Intravenous Catheter Market Forecast By Canada
11.4.4.1. Market Value & Y-o-Y Growth
11.4.4.2. Absolute $ Opportunity
11.4.5. North America Peripheral Intravenous Catheter Market Impact Analysis Of Drivers
11.4.6. Latin America Peripheral Intravenous Catheter Market Impact Analysis Of Restraints
11.5. Peripheral Intravenous Catheter Market Forecast By Latin America
11.5.1. Market Value & Y-o-Y Growth
11.5.2. Absolute $ Opportunity
11.5.3. Latin America Peripheral Intravenous Catheter Market Forecast By Brazil
11.5.3.1. Market Value & Y-o-Y Growth
11.5.3.2. Absolute $ Opportunity
11.5.4. Latin America Peripheral Intravenous Catheter Market Forecast By Mexico
11.5.4.1. Market Value & Y-o-Y Growth
11.5.4.2. Absolute $ Opportunity
11.5.5. Latin America Peripheral Intravenous Catheter Market Forecast By Rest Of Latin America
11.5.5.1. Market Value & Y-o-Y Growth
11.5.5.2. Absolute $ Opportunity
11.5.6. Latin America Peripheral Intravenous Catheter Market Impact Analysis Of Drivers
11.5.7. Latin America Peripheral Intravenous Catheter Market Impact Analysis Of Restraints
11.6. Peripheral Intravenous Catheter Market Forecast By Europe
11.6.1. Market Value & Y-o-Y Growth
11.6.2. Absolute $ Opportunity
11.6.3. Europe Peripheral Intravenous Catheter Market Forecast By Germany
11.6.3.1. Market Value & Y-o-Y Growth
11.6.3.2. Absolute $ Opportunity
11.6.4. Europe Peripheral Intravenous Catheter Market Forecast By France
11.6.4.1. Market Value & Y-o-Y Growth
11.6.4.2. Absolute $ Opportunity
11.6.5. Europe Peripheral Intravenous Catheter Market Forecast By U.K.
11.6.5.1. Market Value & Y-o-Y Growth
11.6.5.2. Absolute $ Opportunity
11.6.6. Europe Peripheral Intravenous Catheter Market Forecast By Italy
11.6.6.1. Market Value & Y-o-Y Growth
11.6.6.2. Absolute $ Opportunity
11.6.7. Europe Peripheral Intravenous Catheter Market Forecast By Spain
11.6.7.1. Market Value & Y-o-Y Growth
11.6.7.2. Absolute $ Opportunity
11.6.8. Europe Peripheral Intravenous Catheter Market Forecast By Rest of Europe
11.6.8.1. Market Value & Y-o-Y Growth
11.6.8.2. Absolute $ Opportunity
11.6.9. Europe Peripheral Intravenous Catheter Market Impact Analysis of Drivers
11.6.10. Europe Peripheral Intravenous Catheter Market Impact Analysis of Restraints
11.7. Peripheral Intravenous Catheter Market Forecast By Asia Pacific
11.7.1. Market Value & Y-o-Y Growth
11.7.2. Absolute $ Opportunity
11.7.3. Asia Pacific Peripheral Intravenous Catheter Market Forecast By Japan
11.7.3.1. Market Value & Y-o-Y Growth
11.7.3.2. Absolute $ Opportunity
11.7.4. Asia Pacific Peripheral Intravenous Catheter Market Forecast By China
11.7.4.1. Market Value & Y-o-Y Growth
11.7.4.2. Absolute $ Opportunity
11.7.5. Asia Pacific Peripheral Intravenous Catheter Market Forecast By India
11.7.5.1. Market Value & Y-o-Y Growth
11.7.5.2. Absolute $ Opportunity
11.7.6. Asia Pacific Peripheral Intravenous Catheter Market Forecast By Australia
11.7.6.1. Market Value & Y-o-Y Growth
11.7.6.2. Absolute $ Opportunity
11.7.7. Asia Pacific Peripheral Intravenous Catheter Market Forecast By Rest Of Asia Pacific
11.7.7.1. Market Value & Y-o-Y Growth
11.7.7.2. Absolute $ Opportunity
11.7.8. Asia Pacific Peripheral Intravenous Catheter Market Impact Analysis Of Drivers
11.7.9. Asia Pacific Peripheral Intravenous Catheter Market Impact Analysis Of Restarints
11.8. Peripheral Intravenous Catheter Market Forecast By Middle East And Africa
11.8.1. Market Value & Y-o-Y Growth
11.8.2. Absolute $ Opportunity
11.8.3. Middle East And Africa Peripheral Intravenous Catheter Market Forecast By GCC
11.8.3.1. Market Value & Y-o-Y Growth
11.8.3.2. Absolute $ Opportunity
11.8.4. Middle East And Africa Peripheral Intravenous Catheter Market Forecast By South Africa
11.8.4.1. Market Value & Y-o-Y Growth
11.8.4.2. Absolute $ Opportunity
11.8.5. Middle East And Africa Peripheral Intravenous Catheter Market Forecast By Rest Of Middle And Africa
11.8.5.1. Market Value & Y-o-Y Growth
11.8.5.2. Absolute $ Opportunity
11.8.6. Middle East And Africa Peripheral Intravenous Catheter Market Impact Analysis Of Drivers
11.8.7. Middle East And Africa Peripheral Intravenous Catheter Market Impact Analysis Of Restraints
11.9.Global Peripheral Intravenous Catheter Market Attractiveness Analysis By Region
12. Company Profiles
12.1.Becton, Dickinson and Company
12.1.1. Product Segment
12.1.2. Company Financials
12.1.3. Product offering
12.1.4. Strategy
12.1.5. Key Development
12.2.B. Braun Melsungen AG
12.2.1. Product Segment
12.2.2. Company Financials
12.2.3. Product offering
12.2.4. Strategy
12.2.5. Key Development
12.3.Smith Medical
12.3.1. Product Segment
12.3.2. Company Financials
12.3.3. Product offering
12.3.4. Strategy
12.3.5. Key Development
12.4.Terumo Corporation
12.4.1. Product Segment
12.4.2. Company Financials
12.4.3. Product offering
12.4.4. Strategy
12.4.5. Key Development
12.5.C. R. Bard, Inc.
12.5.1. Product Segment
12.5.2. Company Financials
12.5.3. Product offering
12.5.4. Strategy
12.5.5. Key Development
12.6.Tangent Medical
12.6.1. Product Segment
12.6.2. Product offering
12.6.3. Strategy
12.6.4. Key Development
12.7.Vygon Group
12.7.1. Product Segment

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