IV Equipment Market Forecast to Reach USD 23.92 Billion by 2031

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2▲4 ▼0Impact / 5
Summary · why it matters

The global IV equipment market is projected to grow from USD 17.82 billion in 2026 to USD 23.92 billion by 2031, at a compound annual growth rate of 6.1%. Growth is driven by the rising prevalence of chronic diseases, increasing demand for hospital services, and a shift toward home-based and outpatient care. The needle-free connectors and extension sets segment is expected to see remarkable growth due to enhanced safety features and reduced needlestick injuries, while medication administration remains the dominant application. North America leads the regional market, supported by a strong healthcare infrastructure and high adoption of advanced technologies. Key players include Becton, Dickinson and Company, B. Braun SE, Fresenius SE & Co. KGaA, ICU Medical, Inc., and Terumo Corporation.

Impact on assets 4

Health Care▲
Terumo Corporation
4543
▲ PositiveDemandrelevance

Market growth forecast for IV equipment benefits Terumo as a key player.

ICU Medical Inc
ICUI
▲ PositiveDemandrelevance

Market growth forecast for IV equipment benefits ICU Medical as a key player.

Biotech & Genomic Medicine▲

Off-coverage companies 1

B. Braun Melsungen AGi
Private▲ PositiveDemandrelevance

Market growth forecast for IV equipment benefits B. Braun as a key player.