The rising usage of IV fluid transfer devices and worries about contamination during medicine delivery, is expected to drive market expansion in the near future at a CAGR of 7.20% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the "IV Fluid Monitoring Devices Market”

MRFR recognizes the following companies as the key players in the global IV Fluid Monitoring Devices market— Baxter International Inc., BC Group International Inc., Becton Dickinson and Co., Cole Parmer Instrument Co. LLC, Datrend Systems Inc., EVELABS TECHNOLOGIES Pvt. Ltd., Fortive Corp., Gossen Metrawatt GmbH, ICU Medical Inc., IRadimed Corp., ivWatch LLC, Micrel, Medical Devices SA, MONIDOR Oy Ltd., NETECH Corp., and Pentland Medical Ltd.

Global IV Fluid Monitoring Devices Market Highlights

The main factors boosting market expansion are the rising usage of IV fluid transfer devices and worries about contamination during medicine delivery. The market for pharmaceutical devices used in intravenous fluid transfer is expected to grow significantly during the projection period. The market for IV fluid transfer medicine devices has expanded as a result of rising contamination issues. The increased use of IV fluid transfer devices during the administration of drugs is predicted to cause the global market for these devices to develop quickly in the next years.  

Segment Analysis

The global IV Fluid Monitoring Devices market has been segmented based end user, and type.

On the basis of end user, the market is segmented into hospitals and clinics, ASCs, and home care. In 2022, hospitals and clinics category dominated the global market, and they will continue to be crucial to the growth of the IV Fluid Monitoring Devices market in the years to come. Many patients obtain treatment in clinics because they offer better patient care, convenient appointment rescheduling, and favorable reimbursement scenarios.  

Based on type, the global IV Fluid Monitoring Devices market has been segmented into desktop and portable. The desktop segment accounted for the largest market share in 2022. However, the portable category is predicted to grow at the highest CAGR throughout the projection period because to the increasing choice for portable devices among patients and insurance providers.

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of IV Fluid Monitoring Devices market Research Report

Regional Analysis

The global IV Fluid Monitoring Devices market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe IV Fluid Monitoring Devices market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The IV Fluid Monitoring Devices market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World IV Fluid Monitoring Devices market comprises of Middle East, Africa, and Latin America.

The largest market share for IV Fluid Monitoring Devices was maintained by the North American regional sector. A significant number of prominent players are predicted to assist the growth of the IV Fluid Monitoring Devices market in the region over the course of the forecast period. Due in part to the region's cutting-edge medical facilities and the wide availability of IV Fluid Monitoring Devices, Asia has a minor market share.

Moreover, the Europe market has been persistently growing over the forecast period. Because of the growing awareness and improved healthcare infrastructure in Europe, the IV Fluid Monitoring Devices market is predicted to have significant growth in the near future on the global market.

The Asia Pacific IV Fluid Monitoring Devices market is expected to register fastest CAGR from 2023 to 2032.The need for medical equipment has grown as the region's population, health consciousness, and prevalence of chronic diseases have all risen. As technology advances and designs improve, IV fluid transfer pharmaceutical devices become simpler to use, which aids in their market share growth.

Furthermore, the rest of the world's IV Fluid Monitoring Devices market is divided into the Middle East, Africa, and Latin America. The expanding prevalence of chronic diseases, the rising demand for cutting-edge medical technologies, and the rising cost of healthcare in nations like Brazil, Mexico, and Argentina are the main market drivers.

Key Findings of the Study

• The global IV Fluid Monitoring Devices market is expected to reach USD 7.9 billion by 2032, at a CAGR of 7.20% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increasing need for medical equipment, health consciousness, and prevalence of chronic diseases


• Based on type, the desktop segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.


• Baxter International Inc., BC Group International Inc., Becton Dickinson and Co., Cole Parmer Instrument Co. LLC, Datrend Systems Inc., EVELABS TECHNOLOGIES Pvt. Ltd., Fortive Corp., Gossen Metrawatt GmbH, ICU Medical Inc., IRadimed Corp., ivWatch LLC, Micrel, Medical Devices SA, MONIDOR Oy Ltd., NETECH Corp., and Pentland Medical Ltd.