The global needleless IV connector market was valued at $438.2 million in 2023, and is projected to reach $755.5 million by 2035, growing at a CAGR of 4.6% from 2024 to 2035.Needless IV connectors are innovative medical devices designed to provide safe and sterile access to intravenous (IV) lines without requiring the use of needles. These connectors are essential for reducing the incidence of needlestick injuries, which can cause healthcare workers to be exposed to severe blood-borne diseases. They expedite IV fluid administration, drug delivery, and blood transfusion procedures by establishing a safe and effective connection. Needless IV connectors have become a crucial part of modern intravenous therapy and are widely employed in a variety of healthcare settings, including clinics, ambulatory surgical centers, cancer treatment facilities, nursing homes, and maternity centers. Improvements in infection control procedures and the increased focus on patient and healthcare worker safety have fueled their adoption.
The major factors driving the growth of the needless IV connectors market are increase in the number of people suffering from chronic conditions, rise in geriatric population, and continuous advancements in IV therapy technology. The increasing prevalence of chronic diseases such as cancer, diabetes, cardiovascular disorders, and infectious diseases drives the demand for IV therapy. Intravenous administration allows for the direct and efficient delivery of medications, fluids, making it a crucial treatment method for patients with chronic conditions, thereby driving the market for needless IV connectors. For instance, according to the National Library of Medicine, about 80 to 90% of hospitalized patients receive IV therapy. Thus, such high adoption of IV therapy drives the utilization of needleless IV connectors, thereby driving the market.
The introduction of safer and more effective devices, such as needleless IV connectors, has become crucial since patients with chronic diseases frequently need continuous or frequent IV access. In settings in which continuous IV therapy is a standard component of patient care, including nursing homes and cancer treatment facilities, this trend is especially prominent. This need is further increased by the aging of the world's population, since medical interventions involving intravenous treatments are more common among the elderly. For instance, according to the World Health Organization (WHO), 1 in 6 people globally will be aged 60 or older, with this demographic increasing from 1 billion in 2020 to 1.4 billion by 2030. By 2050, the population of those aged 60 and above is projected to double to 2.1 billion, while the number of individuals aged 80 or older is expected to triple, reaching 426 million. Thus, such a high rise in geriatric population is expected to drive chronic diseases, which increases the adoption of IV therapy and needleless IV connectors.
However, the high price of needleless IV connectors is a significant challenge for the market. The cost of implementing these advanced connectors may prevent certain healthcare facilities, particularly those in underdeveloped nations, from using them widely. Moreover, healthcare expenditure continues to increase as countries allocate more resources to improve healthcare infrastructure and expand access to quality medical services. This increased healthcare spending encompasses the procurement of essential medical equipment, including IV equipment, to meet the growing demand for advanced patient care, thereby propelling the market growth.
The needleless IV connector market is segmented into design type, type, end user, and region. By design, it is further categorized into straight channel, T channel, and others. By type, it is categorized into positive, negative and neutral. By end user, it is categorized into hospitals, home care, and others. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and the rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Major key players that operate in the global needleless IV connector market are Becton, Dickinson and Company, ICU Medical, Inc., Terumo Corporation, Advacare Pharma Inc., Guangdong Baihe Medical Technology Co., Ltd., Baxter International Inc., Vygon, B. Braun SE, RyMed Technologies, LLC, and Nexus Medical.
The major factors driving the growth of the needless IV connectors market are increase in the number of people suffering from chronic conditions, rise in geriatric population, and continuous advancements in IV therapy technology. The increasing prevalence of chronic diseases such as cancer, diabetes, cardiovascular disorders, and infectious diseases drives the demand for IV therapy. Intravenous administration allows for the direct and efficient delivery of medications, fluids, making it a crucial treatment method for patients with chronic conditions, thereby driving the market for needless IV connectors. For instance, according to the National Library of Medicine, about 80 to 90% of hospitalized patients receive IV therapy. Thus, such high adoption of IV therapy drives the utilization of needleless IV connectors, thereby driving the market.
The introduction of safer and more effective devices, such as needleless IV connectors, has become crucial since patients with chronic diseases frequently need continuous or frequent IV access. In settings in which continuous IV therapy is a standard component of patient care, including nursing homes and cancer treatment facilities, this trend is especially prominent. This need is further increased by the aging of the world's population, since medical interventions involving intravenous treatments are more common among the elderly. For instance, according to the World Health Organization (WHO), 1 in 6 people globally will be aged 60 or older, with this demographic increasing from 1 billion in 2020 to 1.4 billion by 2030. By 2050, the population of those aged 60 and above is projected to double to 2.1 billion, while the number of individuals aged 80 or older is expected to triple, reaching 426 million. Thus, such a high rise in geriatric population is expected to drive chronic diseases, which increases the adoption of IV therapy and needleless IV connectors.
However, the high price of needleless IV connectors is a significant challenge for the market. The cost of implementing these advanced connectors may prevent certain healthcare facilities, particularly those in underdeveloped nations, from using them widely. Moreover, healthcare expenditure continues to increase as countries allocate more resources to improve healthcare infrastructure and expand access to quality medical services. This increased healthcare spending encompasses the procurement of essential medical equipment, including IV equipment, to meet the growing demand for advanced patient care, thereby propelling the market growth.
The needleless IV connector market is segmented into design type, type, end user, and region. By design, it is further categorized into straight channel, T channel, and others. By type, it is categorized into positive, negative and neutral. By end user, it is categorized into hospitals, home care, and others. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and the rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Major key players that operate in the global needleless IV connector market are Becton, Dickinson and Company, ICU Medical, Inc., Terumo Corporation, Advacare Pharma Inc., Guangdong Baihe Medical Technology Co., Ltd., Baxter International Inc., Vygon, B. Braun SE, RyMed Technologies, LLC, and Nexus Medical.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the needleless iv connector market analysis from 2023 to 2035 to identify the prevailing needleless iv connector market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the needleless iv connector market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global needleless iv connector market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Design Type
- Straight Channel
- T Channel
- Others
By Type
- Positive
- Negative
- Neutral
By End User
- Hospital
- Home care
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa,
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- ICU Medical, Inc.
- Advacare Pharma Inc.
- Baxter International Inc.
- Vygon
- RyMed Technologies, LLC
- Nexus Medical
- Guangdong Baihe Medical Technology Co., Ltd.
- B. Braun SE
- Terumo Corporation
- Becton, Dickinson and Company
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: NEEDLELESS IV CONNECTOR MARKET, BY DESIGN TYPE
CHAPTER 5: NEEDLELESS IV CONNECTOR MARKET, BY TYPE
CHAPTER 6: NEEDLELESS IV CONNECTOR MARKET, BY END USER
CHAPTER 7: NEEDLELESS IV CONNECTOR MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
- ICU Medical, Inc.
- Advacare Pharma Inc.
- Baxter International Inc.
- Vygon
- RyMed Technologies, LLC
- Nexus Medical
- Guangdong Baihe Medical Technology Co., Ltd.
- B. Braun SE
- Terumo Corporation
- Becton, Dickinson and Company
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 286 |
| Published | March 2025 |
| Forecast Period | 2023 - 2035 |
| Estimated Market Value ( USD | $ 438.2 million |
| Forecasted Market Value ( USD | $ 755.5 million |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
