The market for intravenous fluid monitoring devices has seen robust growth in the recent past. It is anticipated to escalate from a size of $5.12 billion in 2024 to a size of $5.59 billion in 2025, marking a compound annual growth rate (CAGR) of 9.1%. The surge during the historic phase can be credited to several factors like a rise in chronic diseases, an expanding elderly population, enhanced healthcare facilities, more rigorous regulations, along with an escalation in surgical procedures and critical care treatments. The market for intravenous fluid monitoring devices is anticipated to witness robust expansion in the forthcoming years, reaching a value of $7.84 billion in 2029, with a compound annual growth rate (CAGR) of 8.8%. This projected growth during the forecast period is largely due to the heightened focus on patient safety, the proliferation of healthcare facilities, accelerated advancements in remote monitoring devices, the increasing presence of smart and connected devices, and a growing consciousness around fluid management. Key trends expected to impact this market during the forecast timeline are integration with the internet of things (IoT), incorporation of artificial intelligence, the evolution of wearable technology, forward strides in smart infusion pumps, and progress in data analytics aimed at enhancing fluid management strategies. The growth of the intravenous fluid monitoring devices market is anticipated to be fuelled by the surge in home healthcare. Home healthcare includes both medical and non-medical services provided for people within their homes to maintain their health and overall well-being. The increase in home healthcare is mostly due to factors such as a growing elderly population, developments in medical technology, a higher incidence of chronic illnesses, and a rising preference for home-based treatments due to their affordability and convenience. Intravenous fluid monitoring devices used in home healthcare deliver precise tracking of fluid intake, ensuring accurate hydration and medication administration, and facilitate remote monitoring for improved patient care. As an example, a report from Public Health Scotland, a national agency based in Scotland, indicated in November 2023 that in the year 2022/23, the total amount of Care at Home services reached over 37.7 million hours, showing about a 3% increase compared to the previous year, 2021/22. Thus, the growth in home healthcare is propelling the intravenous fluid monitoring devices market. The intravenous fluid monitoring devices market is segmented – 1) By Product Type: Wired Devices, Wireless Devices; 2) By Application: Flow Monitoring, Volume Monitoring, Pressure Monitoring; 3) By End User: Hospitals And Clinics, Ambulatory Surgical Centers, Home Care Settings, Other End-Users. Subsegments include: 1) By Wired Devices: Wired Infusion Pumps, Wired Flow Meters, Wired Pressure Monitors, Wired Temperature Sensors, Wired IV Catheters; 2) By Wireless Devices: Wireless Infusion Pumps, Wireless Flow Meters, Wireless Pressure Monitors, Wireless Temperature Sensors, Wireless IV Catheters. Top enterprises within the intravenous fluid monitoring devices market are forming strategic alliances to improve their product lines, broaden their market coverage, and fuel innovation. Partnering with tech companies or research organizations allows these firms to include advanced technologies like IoT and AI in their devices, thereby improving the precision and usability of fluid monitoring systems. To illustrate, in August 2023, B. Braun, a medical and pharmaceutical device enterprise from Germany, enhanced their infusion pumps with remote monitoring technology furnished by Monitor, a health technology company from Finland. This enhancement amplifies the adaptability of B. Braun’s IV therapy infusion pumps and provides a platform for healthcare experts to remotely supervise infusions, which in turn elevates the convenience and correctness in patient care. North America was the largest region in the intravenous fluid monitoring devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intravenous fluid monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Major companies operating in the intravenous fluid monitoring devices market are Cardinal Health Inc., Johnson & Johnson Services Inc., 3M Company, Medtronic plc, Becton, Dickinson and Company, Baxter International Inc., B. Braun Holding GmbH & Co. KG, Fresenius Kabi AG, Terumo Corporation, Mindray Medical International Limited, Nipro Corporation, Moog Inc., West Pharmaceutical Services Inc., ICU Medical Inc., Insulet Corporation, Merit Medical Systems Inc., Avanos Medical Inc., NxStage Medical Inc., AngioDynamics Inc., Elcam Medical Inc., Zyno Medical LLC, Sippex, Arcomed AG, Vitrex Medical A/S. 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Growth of Home Healthcare Driving Demand for Intravenous Fluid Monitoring Devices: Enabling Rapid Progress ...

The market for intravenous fluid monitoring devices is experiencing robust growth, projected to expand from $5.12 billion in 2024 to $5.59 billion in 2025 with a CAGR of 9.1%, and further to $7.84 billion by 2029 at a CAGR of 8.8%. This growth is driven by rising chronic diseases, an aging population, increased home healthcare services, advancements in remote monitoring, and integration of technologies like IoT and artificial intelligence. Home healthcare, including medical and non-medical services provided in private homes, is a key driver, with Public Health Scotland reporting over 37.7 million hours of Care at Home services in 2022/23. The market is segmented by product type, application, and end-user, with major players like B. Braun, Johnson & Johnson, and Medtronic forming strategic partnerships to enhance product capabilities and market reach. North America currently leads the market, while Asia-Pacific is expected to grow fastest in the forecast period.