The IV Market is Large and Growing

Over 230 million peripheral IVs are placed in the United States annually and the whole world's annual usage of peripheral IVs is projected at over 1 billion a year.(1)  Central lines, which are a more complicated and expensive type of IV line, are utilized 7 million times a year in the United States.  Market reports show that the IV market is growing annually at approximately 6.5%.(2)

The average size hospital in the United States has 160 beds and the number of peripheral IVs installed is estimated to be over 35,000 units/year and central line usage over 1200/year.  The average hospital is spending an estimated  $1,750,000/year on peripheral IV supplies and installations and $690,000 on central line supplies and installation.(3)

The Number of IV Complications is Enormous

Number of complications occurring annually at the average size US hospital - 160 beds.

Number of complications occurring annually at the average size US hospital - 160 beds.

The chart to the right shows the clinically reported rate for the three most common mechanical complications (infiltration, phlebitis and dislodgement) to peripheral IVs along with how often they would occur at the average size hospital.(4) If these complications occur independently from one another, the average hospital will see approximately 17,465 peripheral IV complications a year. That is almost 50 peripheral IV complications a day, in a 160 bed hospital.(3)

An IV Failure Causes an Enormous Cascade of Events

Patients:

  • Anxiety and stress of dealing with a dislodgement
  • Physical pain of IV dislodgement
  • Delay in treatment until IV line can be re-established
  • Physical pain of IV re-insertion
  • Potential IV complications
  • Potential for additional sedation to insert new IV

Medical Professionals:

  • Anxiety and stress of dealing with a dislodgement
  • Finding a new viable vein
  • Determine whether IV fluids or medications need reordering
  • Average time of 24 minutes to re-establish IV access (5)
  • Hospital room clean-up
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Hospitals:

  • Expense of supplies and labor for peripheral IV line insertion can range from $41 to over $125 (5)
  • Decreased patient satisfaction
  • Treating potential IV complications
  • Employees performing non-value added work
  • Dealing with potential infection and safety issues

MKG-0027 09/17


1. Alexandrou, E., et al., International Prevalence of the Use of Peripheral Intravenous Catheters. Journal of Hospital Medicine. 2015; 10(8): 530-533.

2. Global Peripheral I.V. Catheter Market Size, Share, Development, Growth and Demand Forecast to 2022. P&S Market Research. 2015

3. Data on file and available upon request.

4. Helm, R. E., et al., Accepted but Unacceptable: Peripheral IV Catheter Failure. JOurnal of Infusion Nursing. 2015; 38(3): 189-203. 

5. Goff, D. A., REsource Utilization and Cost of Inserting Peripheral Intravenous Catheters in Hospitalized Children. Hospital Pediatrics. 2013; 3(3): 185-191.