Canada IV Equipment Market (2026-2031)
The Canada IV Equipment Market was valued at $285.81 Million in 2026 and projected to reach to $380.84 Million by 2031, representing a compound annual growth rate of 5.9%. Canada's IV Equipment Market is positioned for steady growth through 2031, driven by demographic pressures and healthcare system modernization.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Canada IV Equipment Market Trends and Insights
- This steady expansion reflects Canada's aging population, increased healthcare spending, and rising demand for advanced infusion therapies across hospitals, clinics, and home care settings.
- Canada's robust healthcare infrastructure and regulatory framework support consistent adoption of innovative IV delivery systems. The Canadian market benefits from strong government healthcare investments and a growing prevalence of chronic diseases requiring intravenous treatment.
- Canada's emphasis on patient safety and clinical outcomes drives demand for smart infusion pumps, safety-engineered devices, and integrated IV solutions.
- Between 2026 and 2031, Canada is expected to see accelerated adoption of connected IV equipment and digital health integration, positioning the country as a key growth market within North America's broader IV equipment landscape..
Key Market Statistics
- CAGR (2026-2031) 5.9% CAGR
- Market Size, 2026 ~USD 285.81 Million
- Forecast, 2031 ~USD 380.84 Million
- Country Canada
Canada IV Equipment Market Overview
Aging Population Driving Demand :
Canada's demographic shift toward an older population is significantly increasing the need for IV equipment. Seniors require more frequent infusion therapies, chronic disease management, and palliative care, directly boosting market demand across healthcare facilities.
Home Care Expansion :
Canada's healthcare system is increasingly shifting toward home-based care models. This transition is creating substantial opportunities for portable and user-friendly IV equipment, as patients prefer receiving infusion therapies in home settings rather than hospitals.
Provincial Healthcare Investment :
Canadian provinces are investing heavily in modernizing healthcare infrastructure and upgrading medical equipment. These capital expenditures are driving adoption of advanced IV delivery systems across hospitals, clinics, and regional health authorities.
Strong Regulatory Framework :
Health Canada's rigorous medical device approval process ensures high-quality IV equipment standards. This regulatory environment attracts premium product manufacturers and supports market growth through innovation and consumer confidence.
Canada IV Equipment Market Dynamics
- The aging population will continue to fuel demand for infusion therapies across multiple care settings, while provincial healthcare budgets support equipment upgrades and replacements.
- The shift toward home care delivery models presents significant opportunities for manufacturers offering portable and connected IV solutions. Market expansion will be supported by increasing prevalence of chronic diseases, cancer treatments, and biologics requiring advanced infusion technology.
- Healthcare providers are investing in smart IV systems with safety features and digital integration capabilities.
- Competition will intensify as both established medical device companies and innovative startups target the Canadian market with specialized solutions for hospitals, long-term care facilities, and home healthcare providers..
Related Ecosystem
Medical Devices
- Polymerase Chain Reaction (PCR)
- Magnetic Resonance Imaging (MRI)
- Disposable Autoinjectors
- Pulse Oximeters
- Blood Pressure Monitors
- Medtronic plc
- Abbott Laboratories
- Stryker Corporation
- Becton, Dickinson and Company
- CONMED Corporation
Key Takeaways
- Canada's IV Equipment Market is valued at $285.81 million in 2026 and will reach $380.84 million by 2031, growing at a 5.9% CAGR.
- Canada's aging demographic and chronic disease prevalence are primary drivers of sustained IV equipment demand through 2031.
- Smart infusion pumps and safety-engineered devices are gaining traction in Canada due to regulatory emphasis on patient safety.
- Digital health integration and connected IV solutions represent emerging growth opportunities for Canada's healthcare sector between 2026 and 2031.
IV Equipment Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2026 |
| Fastest Growing Segment | NEEDLE-FREE CONNECTORS & EXTENSION SETS (Type) |
| Forecast Period | 2026–2031 |
| Growth Rate | CAGR of 6.1% from 2026 to 2031 |
| Largest Segment | HOSPITALS (End User) |
| Market Size Base Year (Billions) | ~USD 17.79 (2026) |
| Revenue Forecast (Billions) | ~USD 23.92 (2031) |
| Segments Covered | Type, Application, End User |
Canada IV Equipment Market Report Segmentation
3 segment dimensions are covered across the global market.
By Type
- Analgesia/Pain Management
- Antibiotic/Antimicrobial Iv Therapy
- Critical Care & Vasoactive Drug Infusion
- Critical Care Nutrition
- Gastrointestinal Disorders
- Immunotherapy
- Infusion Pumps
- Iv Administration Sets & Tubing
- Iv Catheters
- Iv Drip Chambers
- Needle-Free Connectors & Extension Sets
- Neonatal & Pediatric Parenteral Nutrition
- Oncology (Iv Chemotherapy)
- Other Blood & Blood Products Transfusion Applications
- Other Iv Equipment
- Other Parenteral Nutrition Applications
- Plasma Transfusion
- Platelet Transfusion
- Red Blood Cell Transfusion
- Securement & Stabilization Devices
- Sedation & Anesthesia Infusion
By Application
- Blood & Blood Products Transfusion
- Diagnostic Testing
- Fluid & Electrolyte Replacement
- Medication Administration
- Other Applications
- Parenteral Nutrition (Pn)
By End User
- Ambulatory Surgical Centers
- Ambulatory Surgical Centers (Ascs)
- Home Care Settings
- Hospitals
- Other End Users
- Outpatient Infusion & Specialty Clinics
Target Audience
- Medical Device Manufacturers : Manufacturers need Canada-specific market data to assess market entry opportunities, competitive dynamics, and growth potential for IV equipment products in this regulated healthcare market.
- Healthcare System Administrators : Hospital networks and provincial health authorities require market insights to justify equipment procurement budgets, evaluate supplier options, and plan infrastructure investments aligned with demographic trends.
- Investment & Private Equity Firms : Investors evaluating healthcare companies or acquisition targets need Canadian market intelligence to assess growth potential, market size, and return on investment in the IV equipment sector.
- Home Care Service Providers : Home healthcare companies need Canada-specific data on infusion therapy demand and equipment requirements to expand service offerings and secure appropriate medical device inventory.
- Healthcare Consultants & Analysts : Consulting firms and research analysts require detailed Canadian market data to support client strategy development, market assessments, and competitive intelligence reports for healthcare stakeholders.
Key Companies in the Canada IV Equipment Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| KINDRED HEALTHCARE INC. | United States | Private Company | Long-term acute care hospital drug utilization,Inpatient rehabilitation facility drug utilization,Contract rehabilitation and ancillary services, |
| ATS AUTOMATION TOOLING SYSTEMS INC | Canada | Public Company | Turnkey automated manufacturing and assembly systems,Pre- and post-automation services,Contract manufacturing and value engineering, |
| CONVATEC | United Kingdom | Public Company | Advanced wound care,Ostomy care,Continence and critical care, |
| IRADIMED CORPORATION | United States | Public Company | MRidium 3870/3860+ MRI-compatible infusion pump systems and disposables,3880 MRI-compatible patient vital signs monitoring system and accessories,3600 FMD1 ferromagnetic detection devices and remote alarm units, |
| POLY MEDICURE LTD. | India | Public Company | Infusion & Transfusion Therapy,Critical Care & Anesthesia/Respiratory,Dialysis & Renal Care, |
| CONMED CORPORATION | United States | Public Company | Sports medicine & soft tissue fixation (BioBrace, Y-Knot, TruShot, Agro Knotless),Powered large & small bone systems (Hall brand),General surgery – insufflation & smoke management (AirSeal, Buffalo Filter), |
| MALLINCKRODT PLC | Ireland | Private Company | Autoimmune and rare disease therapies,Neurology and rheumatology specialty products,Neonatal respiratory and critical care therapies, |
| BECTON, DICKINSON AND COMPANY | United States | Public Company | Medical Essentials (syringes, needles, catheters, sharps, specimen collection),Connected Care (infusion, medication management, automation, informatics),BioPharma Systems (prefillable drug delivery, CSTD, hazardous drug detection), |
| BAXTER | United States | Public Company | Medical Products & Therapies (IV solutions, infusion systems, parenteral nutrition, dialysis-related therapies),Healthcare Systems & Technologies (smart beds, OR integration, monitoring, respiratory devices),Pharmaceuticals (generic and specialty injectables, inhaled anesthetics, compounding services), |
| FRESENIUS SE & CO. KGAA | Germany | Public Company | Fresenius Helios (hospitals and outpatient care),IV generics and IV fluids,Clinical nutrition (enteral and parenteral), |
| ICU MEDICAL, INC. | United States | Public Company | Infusion pumps and hardware,Infusion consumables and vascular access (Clave, Neutron, Tego, disinfection caps),IV solutions and diluents, |
| TERUMO CORPORATION | Japan | Public Company | Cardiac and Vascular Company,Medical Care Solutions Company,Blood and Cell Technologies Company, |
| MOOG, INC. | United States | Public Company | Military Aircraft,Commercial Aircraft,Space and Defense, |
| TELEFLEX INCORPORATED | United States | Public Company | Vascular access & emergency medicine (Arrow, EZ-IO, QuikClot, FAST1),Interventional cardiology & peripheral (GuideLiner, Turnpike, MANTA, DCBs, stents),Surgical products (Weck clips, MiniLap, staplers, Pleur-Evac, Deknatel, KMedic, Pilling, Titan SGS), |
| SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD. | China | Public Company | Patient monitoring, anesthesia, ventilators, and life-support,Ultrasound and medical imaging (radiology, emergency, critical care),In-vitro diagnostics (CLIA, chemistry, hematology), |
| CARDINAL HEALTH | United States | Public Company | Pharmaceutical Distribution (Branded & Generic),Specialty Pharmaceutical & Manufacturer Services,Medical Products & Cardinal-Branded Devices, |
| AVANOS MEDICAL, INC. | United States | Public Company | Digestive health (Mic-Key, Corpak, NeoMed),Non-opioid surgical pain and recovery (ON-Q, ambIT, Game Ready),Interventional pain (COOLIEF, Trident, Esentec RFA), |
| NIPRO | Japan | Public Company | Dialysis products and artificial organ-related devices,Injection and infusion products, hospital and diabetic products,Pharmaceuticals (generic and kit products), |
| JMS CO., LTD. | United States | Public Company | U.S. Retail Coffee,U.S. Retail Pet Foods and Snacks,U.S. Retail Frozen Handheld and Spreads, |
KINDRED HEALTHCARE INC.
Kindred Healthcare Inc. is a private United States-based healthcare company founded in 1985 with 64,200 employees. The company operates healthcare facilities and provides related medical services.
ATS AUTOMATION TOOLING SYSTEMS INC
ATS Automation Tooling Systems Inc. is a Canadian public company founded in 1978 with 7,000 employees. The company specializes in automation and tooling systems for industrial applications.
CONVATEC
ConvaTec is a United Kingdom-based public company founded in 1978. The company manufactures and distributes medical devices and healthcare products globally.
IRADIMED CORPORATION
IraMed Corporation is a United States-based public company founded in 1992 with 166 employees. The company specializes in medical imaging and monitoring equipment.
POLY MEDICURE LTD.
Poly Medicure Ltd. is an Indian public company founded in 1995 with 3,082 employees. The company manufactures medical devices and healthcare products.
CONMED CORPORATION
ConMed Corporation is a United States-based public company founded in 1970 with 3,900 employees. The company manufactures and distributes surgical and medical devices.
MALLINCKRODT PLC
Mallinckrodt PLC is an Ireland-based private company with a history dating to 1867 and 2,687 employees. The company operates in the pharmaceutical and medical device sectors.
BECTON, DICKINSON AND COMPANY
Becton, Dickinson and Company is a United States-based public company founded in 1897 with 72,000 employees. The company is a global leader in medical technology, manufacturing diagnostic and healthcare devices.
BAXTER
Baxter is a United States-based public company founded in 1931 with 37,500 employees. The company develops and manufactures medical devices, pharmaceuticals, and healthcare solutions.
FRESENIUS SE & CO. KGAA
Fresenius SE & Co. KGaA is a German public company founded in 1912 with 177,783 employees. The company is a global healthcare company providing dialysis, infusion therapy, and hospital products.
ICU MEDICAL, INC.
ICU Medical, Inc. is a United States-based public company founded in 1984 with 13,000 employees. The company manufactures critical care medical devices and infusion therapy products.
TERUMO CORPORATION
Terumo Corporation is a Japanese public company founded in 1921 with 30,591 employees. The company manufactures and distributes medical devices and healthcare products globally.
MOOG, INC.
Moog, Inc. is a United States-based public company founded in 1951 with 13,500 employees. The company manufactures precision motion and control products for aerospace, defense, and medical applications.
TELEFLEX INCORPORATED
Teleflex Incorporated is a United States-based public company founded in 1943 with 15,500 employees. The company designs and manufactures medical devices for critical care and surgical applications.
SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. is a Chinese public company founded in 1991 with 21,288 employees. The company manufactures medical devices and diagnostic equipment.
CARDINAL HEALTH
Cardinal Health is a United States-based public company founded in 1979 with 55,392 employees. The company is a global healthcare services and products company serving hospitals and healthcare providers.
AVANOS MEDICAL, INC.
Avanos Medical, Inc. is a United States-based public company founded in 2014 with 2,287 employees. The company manufactures and distributes medical devices for healthcare applications.
NIPRO
Nipro is a Japanese public company founded in 1947 with 38,593 employees. The company manufactures medical devices, pharmaceuticals, and healthcare products.
JMS CO., LTD.
JMS Co., Ltd. is a United States-based public company founded in 1897 with 8,000 employees. The company manufactures medical devices and healthcare products.
Reasons to Buy this Report
- Precise Canadian Market Sizing : Access validated market size data specific to Canada ($285.81M in 2026), enabling accurate budgeting, resource allocation, and investment decisions tailored to the Canadian healthcare landscape.
- Demographic Insights for Canada : Understand how Canada's aging population and shifting care models directly impact IV equipment demand, allowing you to align product development and marketing strategies with local demographic trends.
- Provincial Healthcare Opportunity Analysis : Identify growth opportunities across Canadian provinces and healthcare settings, from hospital systems to home care providers, with insights into regional purchasing patterns and infrastructure investments.
- Competitive Positioning in Canada : Benchmark your market position against competitors in Canada's regulated healthcare environment, understanding local regulatory requirements and market entry strategies specific to Canadian provinces.
- 5-Year Growth Forecast for Planning : Leverage the 5.9% CAGR projection through 2031 to develop long-term business strategies, product roadmaps, and market expansion plans with confidence in Canada-specific growth trajectories.
Frequently asked questions
What is the current size of Canada's IV Equipment Market in 2026?
Canada's IV Equipment Market is estimated at $285.81 million in 2026, with projected growth to $380.84 million by 2031.
What is the expected growth rate for Canada's IV Equipment Market?
Canada's IV Equipment Market is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2026 to 2031.
What factors are driving growth in Canada's IV Equipment Market?
Key drivers include Canada's aging population, increased prevalence of chronic diseases, government healthcare investments, and rising demand for advanced infusion therapies and safety-engineered devices.
Which product categories are growing fastest in Canada's IV Equipment Market?
Smart infusion pumps, safety-engineered IV devices, and connected IV solutions are experiencing accelerated adoption in Canada due to regulatory requirements and digital health integration initiatives.
How does Canada's IV Equipment Market compare to North America?
Canada represents a significant segment of the North American IV Equipment Market, with steady growth driven by its robust healthcare infrastructure and emphasis on patient safety standards.
RESEARCH METHODOLOGY
This study relied heavily on both primary and secondary sources. The research process involved studying various factors affecting the industry to identify segmentation types, industry trends, key players, the competitive landscape, key market dynamics, and key player strategies.
Secondary Research
The secondary research process involves the widespread use of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D&B Hoovers), white papers, annual reports, company house documents, investor presentations, and company SEC filings. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the IV equipment market. It was also used to obtain important information on key players, market classification & segmentation aligned with industry trends, and key developments from market and technology perspectives, down to the bottom-most level. A database of the key industry leaders was also prepared using secondary research.
Primary Research
In the primary research process, various sources from both the supply & demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources on the supply side include industry experts such as CEOs, vice presidents, marketing & sales directors, technology & innovation directors, and other key executives from leading companies and organizations in the IV equipment market. The primary demand-side sources include medical OEMs, medical device ISOs, and service providers, among others. Primary research was conducted to validate the market segmentation, identify key players, and gather insights into key industry trends & key market dynamics.
Breakdown of Primary Interviews:
A breakdown of the primary respondents for the IV equipment market (supply side) is provided below:
Note 1: Others include sales, marketing, and product managers.
Note 2: Companies are classified into tiers based on their total revenue. As of 2025, Tier 1 = >USD 2 billion,
Tier 2 = USD 50 million to USD 2 billion, and Tier 3 = USD 50 million.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In this report, the global IV equipment market size was determined using the revenue share analysis of leading players. For this purpose, key market players were identified, and their revenues from the IV equipment business were determined using insights gathered during the primary and secondary research phases. Secondary research included analyzing the annual and financial reports of the top market players. In contrast, primary research included extensive interviews with key opinion leaders, including CEOs, directors, and senior marketing executives.
To calculate the global market value, segmental revenues were derived from the revenue mapping of major solution/service providers. This process involved the following steps:
- Generating a list of major global players operating in the IV equipment market
- Mapping annual revenues generated by major global players from the IV equipment segment (or nearest reported business unit/service category)
- Revenue mapping of key players to cover a major share of the global market as of 2024
- Extrapolating the global value of the IV equipment industry
Global IV Equipment Market Size: Top-down & Bottom-up Approach
IV Equipment Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size through the market size estimation process explained above, the global IV equipment market was segmented and subsegmented. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and obtain exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Additionally, the IV equipment market was validated using both top-down and bottom-up approaches.
Market Definition
IV equipment refers to the complete set of medical devices, accessories, and consumables used to deliver fluids, medications, nutrients, and blood products directly into a patient’s bloodstream through intravenous (IV) access. It includes infusion pumps, IV administration sets, catheters and cannulas, needle-free connectors, extension sets, securement devices, and related safety components designed to ensure accurate, controlled, and sterile delivery of therapies in hospitals, outpatient centers, and home care settings. IV equipment is essential for hydration, drug infusion, chemotherapy, parenteral nutrition, anesthesia, critical care, and emergency treatment.
Key Stakeholders
- Manufacturers of IV equipment
- Distributors of IV equipment
- Hospitals, clinics, and infusion centers
- Ambulatory surgery centers
- Non-government organizations
- Government regulatory authorities
- Contract manufacturers & third-party suppliers
- Research laboratories & academic institutes
- Clinical research organizations (CROs)
- Government & non-governmental regulatory authorities
- Market research & consulting firms
Report Objectives
- To define, describe, and forecast the IV equipment market based on type, application, end user, and region
- To provide detailed information regarding the major factors influencing the growth potential of the global IV equipment market (drivers, restraints, opportunities, challenges, and trends)
- To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the global IV equipment market
- To analyze key growth opportunities in the global IV equipment market for key stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of the global IV equipment market in North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
- To profile the key players in the global IV equipment market and comprehensively analyze their market shares and core competencies
- To track and analyze the competitive developments undertaken in the global IV equipment market, such as agreements, collaborations, partnerships, expansions, and acquisitions
Customization Options
Based on the market data provided, MarketsandMarkets offers customizations tailored to your company’s specific needs. The following customization options are available for the present global IV equipment market report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolios of the top twelve companies
Company Information
- Detailed analysis and profiling of additional market players (up to 10)
Geographic Analysis
- Further breakdown of the Rest of Europe IV equipment market into Russia, Finland, Switzerland, Turkey, the Czech Republic, the Netherlands, Norway, Poland, Portugal, Romania, Estonia, Austria, and Belgium
- Further breakdown of the Rest of Asia Pacific IV equipment market into Taiwan, New Zealand, and Sri Lanka
- Further breakdown of the Rest of Latin America IV equipment market into Uruguay, Costa Rica, Bolivia, Venezuela, and Paraguay
Get the Full IV Equipment Market Report
Full forecast, segment splits, and company analysis for all IV Equipment Market.
- US IV Equipment Market
- Germany IV Equipment Market
- UK IV Equipment Market
- France IV Equipment Market
- Italy IV Equipment Market
- Spain IV Equipment Market
- Netherlands IV Equipment Market
- Denmark IV Equipment Market
- Sweden IV Equipment Market
- China IV Equipment Market
- Japan IV Equipment Market
- India IV Equipment Market
- South Korea IV Equipment Market
- Australia IV Equipment Market
- Philippines IV Equipment Market
- Malaysia IV Equipment Market
- Vietnam IV Equipment Market
- Singapore IV Equipment Market
- Indonesia IV Equipment Market
- Thailand IV Equipment Market
- Brazil IV Equipment Market
- Mexico IV Equipment Market
- Argentina IV Equipment Market
- Colombia IV Equipment Market
- Chile IV Equipment Market
- Peru IV Equipment Market
- Rest Of Europe IV Equipment Market
- Rest Of Asia Pacific IV Equipment Market
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