Latest News- Intravenous (IV) Fluid Monitoring Devices Market: Hospitals and clinics is expected to lead the End-user segment during 2025-2029

The Intravenous (IV) Fluid Monitoring Devices Market is being driven by Increase in number of hospitalizations

The Intravenous (IV) Fluid Monitoring Devices Market is expected to grow at a CAGR of 8.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2489.3 million. The global intravenous (IV) fluid monitoring devices market is experiencing significant growth due to several key factors. These include the rising prevalence of sedentary lifestyles, changing climatic conditions, and an increasing global population. Moreover, the burden of chronic diseases and conditions, such as colorectal and bladder cancer, inflammatory bowel diseases like Crohn's disease and ulcerative colitis, and diverticular disease, is driving market demand. Additionally, the escalating prevalence of diabetes, with an estimated 589 million people affected worldwide in 2021 and projected to reach 853 million by 2050 (International Diabetes Federation), is contributing significantly to market expansion. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Hospitals and clinics
  • ASCs
  • Home care
• Type
  • Desktop
  • Portable
• Technology
  • Smart devices
  • Traditional monitoring systems
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia
    • China
    • India
    • Japan
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increase in number of hospitalizations
• Increasing use of infusion therapy devices in home care settings
• Increasing focus on emerging countries

However, the market also witnesses some limitations, which are as follows:

• Technical limitations of IV fluid monitoring systems
• Pricing pressure coupled with intense competition.
• Growing threat of counterfeit products

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Market Scope in Intravenous (IV) Fluid Monitoring Devices Market Research Report

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Research Analysis Overview

The Intravenous (IV) Fluid Monitoring Devices Market focuses on technologies and tools used for assessing Fluid Volume Status during Intravenous Infusion. These devices facilitate Fluid Therapy, Hydration Management, and Drug Dosing through Infusion Delivery systems. Advanced features include Data Visualization, Patient-Centric Care, Personalized Medicine, and Precision Medicine. Remote Patient Monitoring, Predictive Analytics, and Early Detection are key trends. Cost-effective Care, Health Outcomes, Patient Outcomes, and Clinical Outcomes are primary concerns. Medical Devices, Point-of-Care Diagnostics, Artificial Intelligence (AI), Machine Learning (ML), Cloud Computing, Big Data Analytics, Medical Informatics, Clinical Informatics, and Healthcare Informatics are essential technologies. Data Security, Data Privacy, Regulatory Compliance, FDA Approval, Clinical Trials, Product Development, and Emerging Technologies are critical factors.

Market Research Overview

The Intravenous (IV) Fluid Monitoring Devices market is a significant segment of the global healthcare equipment industry. This market focuses on IV Fluid Management and Monitoring solutions, including Fluid Balance and Volume Monitoring systems, used in Infusion Therapy. Technavio, a leading global technology research and consulting firm, positions this market within the broader healthcare equipment sector. The healthcare equipment market encompasses manufacturers of capital equipment, instruments, implants, accessories, and consumables, all utilized for disease diagnosis, monitoring, and treatment. Technavio calculates the healthcare equipment market size based on the combined revenue generated by these manufacturers. Intravenous Fluid Monitoring Devices represent a crucial sub-segment within this dynamic and diverse industry.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/