North America IV Equipment Market (2026-2031)
The North America IV Equipment Market was valued at $7780.3 Million in 2026 and projected to reach to $10504.8 Million by 2031, representing a compound annual growth rate of 6.2%. North America's IV equipment market is poised for sustained growth through 2031, driven by an aging population, rising prevalence of chronic conditions, and increasing hospital admissions requiring intravenous therapies.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
North America IV Equipment Market Trends and Insights
- North America maintains a significant share of the global IV equipment market, driven by advanced healthcare infrastructure, high adoption of innovative medical technologies, and substantial investment in hospital and clinical settings.
- The region's mature healthcare system and regulatory framework support steady expansion of IV equipment utilization across acute care, chronic disease management, and home healthcare applications. Growth in North America's IV equipment market is underpinned by increasing prevalence of chronic diseases, rising geriatric population, and growing demand for infusion therapies.
- North America's healthcare providers are increasingly adopting smart IV pumps, integrated infusion systems, and safety-enhanced devices to improve patient outcomes and reduce medication errors.
- Between 2026 and 2031, North America is expected to see accelerated adoption of connected and digital-enabled IV solutions, supported by favorable reimbursement policies and strong healthcare spending. North America's competitive landscape features both established medical device manufacturers and emerging innovators focused on enhancing IV delivery efficiency and patient safety.
- The region's regulatory environment, led by the FDA, ensures high product quality standards and drives continuous innovation in IV equipment design and functionality..
Key Market Statistics
- CAGR (2026-2031) 6.2% CAGR
- Market Size, 2026 ~USD 7780.3 Million
- Forecast, 2031 ~USD 10504.8 Million
- Geography North America
North America IV Equipment Market Overview
Market Leadership Position :
North America commands a dominant share of the global IV equipment market, driven by world-class healthcare infrastructure, high patient volumes, and early adoption of advanced medical technologies across hospitals and clinics.
Robust Growth Trajectory :
The region is projected to grow from $7,780.3 million in 2026 to $10,504.8 million by 2031, with a CAGR of 6.2%, outpacing the global average of 6.1% and reflecting strong demand for innovative IV solutions.
US Market Dominance :
The United States represents the largest market within North America at $3,640.15 million, accounting for the majority of regional demand due to extensive healthcare spending, regulatory support, and high prevalence of chronic diseases.
Technology Investment & Innovation :
North American healthcare providers prioritize cutting-edge IV equipment including smart infusion pumps, integrated delivery systems, and safety-enhanced devices, supported by substantial R&D investments and favorable reimbursement policies.
North America IV Equipment Market Dynamics
- Healthcare facilities across the region continue to upgrade their infrastructure with advanced IV technologies, including smart pumps and integrated systems that enhance patient safety and operational efficiency.
- Regulatory support from the FDA and strong reimbursement frameworks further accelerate market expansion. The region benefits from high healthcare expenditure, sophisticated supply chains, and strong competition among manufacturers driving innovation.
- Key growth drivers include the expansion of outpatient care settings, increased adoption of home infusion therapy, and growing demand for specialty pharmaceuticals requiring advanced IV delivery systems.
- Strategic partnerships between healthcare providers and equipment manufacturers, combined with ongoing digital health integration, will continue to propel market growth through the forecast period..
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
- North America's IV Equipment Market will grow from $7.78B (2026) to $10.50B (2031) at a 6.2% CAGR.
- North America leads in adoption of smart and connected IV infusion systems driven by advanced healthcare infrastructure.
- Aging population and chronic disease prevalence are primary growth drivers for North America's IV equipment demand.
- North America's FDA regulatory standards and reimbursement policies support sustained innovation and market expansion.
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 |
North America 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 : IV equipment manufacturers need North America-specific market data to benchmark performance, identify growth segments, and develop targeted product strategies for the region's sophisticated healthcare buyers.
- Healthcare Providers & Hospital Networks : Hospital administrators and procurement teams require market insights to evaluate IV equipment options, understand competitive offerings, and make informed purchasing decisions aligned with clinical and financial objectives.
- Private Equity & Investment Firms : Investors evaluating healthcare equipment companies need detailed North America market analysis to assess growth potential, competitive positioning, and valuation multiples for M&A and portfolio decisions.
- Distributors & Suppliers : Medical device distributors need regional market forecasts and country-level data to optimize inventory, negotiate supplier contracts, and identify high-growth opportunities across North America.
- Healthcare Consultants & Analysts : Strategy consultants and industry analysts require comprehensive North America IV equipment market data to support client advisory work, competitive analysis, and market entry strategies.
Key Companies in the North America 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.
Countries within North America - compare and drill down
| Country | 2025 size (native) |
|---|---|
| US | USD 3640.15 Million |
| Canada | USD 380.84 Million |
Country market size visualization
Reasons to Buy this Report
- Regional Market Sizing & Forecasts : Access precise market valuations for North America ($7.78B in 2026) and country-level breakdowns for the US and Canada, enabling accurate budget allocation and revenue projections for your business.
- Competitive Landscape Intelligence : Understand the competitive dynamics specific to North America's advanced healthcare market, including key players, market consolidation trends, and differentiation strategies that drive success in this high-value region.
- Growth Driver Analysis : Identify region-specific growth catalysts including aging demographics, chronic disease prevalence, healthcare infrastructure investments, and regulatory tailwinds that create expansion opportunities in North America.
- Strategic Market Positioning : Leverage detailed insights on North American healthcare provider preferences, technology adoption rates, and reimbursement landscapes to optimize product positioning and go-to-market strategies.
- Investment & Partnership Opportunities : Discover high-potential segments, emerging markets within North America, and partnership opportunities with healthcare systems and distributors to accelerate market penetration and revenue growth.
Frequently asked questions
What is the current size of North America's IV Equipment Market?
North America's IV Equipment Market is valued at $7,780.3 million in 2026 and is expected to reach $10,504.8 million by 2031.
What is the projected growth rate for North America's IV Equipment Market?
North America's IV Equipment Market is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2026 to 2031.
What factors are driving growth in North America's IV Equipment Market?
Key growth drivers in North America include an aging population, rising prevalence of chronic diseases, increased demand for infusion therapies, and adoption of advanced smart IV systems and safety-enhanced devices.
Which segments are leading North America's IV Equipment Market?
North America's market is led by smart IV pumps, integrated infusion systems, and safety-enhanced IV delivery devices used across acute care, chronic disease management, and home healthcare settings.
How does North America's IV Equipment Market compare to global trends?
North America's IV Equipment Market grows at 6.2% CAGR, slightly outpacing the global average of 6.1%, reflecting the region's advanced healthcare infrastructure and high technology adoption rates.
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
- Canada 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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