The global vascular access devices market is anticipated to grow at a CAGR of 6.11% during the forecast period (2023-2030). Applications used in vascular access devices include intravenous therapy, blood sampling, pharmaceutical administration, and chemotherapy. The aforementioned assignments can be completed with the assistance of the technology being used. It makes it possible for medical staff to safely and precisely access and treat patients. It makes it possible for them to carry out the processes precisely and effectively. The market’s growth is attributed to catheter tip location in real-time across the globe.
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The tool improves accuracy and lowers the chance of complications by providing real-time information on the location of the catheter tip amid insertion. Accordingly market players are coming up with new products to cater the demand for enhance PICC insertion and reduce risks. For instance, in May 2023, Teleflex launched two new devices intended to improve PICC insertion processes and lower the risk of problems. Vascular Access Specialists can implant PICCs more rapidly and predictably owing to the new Arrow VPS Rhythm DLX Device with NaviCurveTM Stylet. The VPS Rhythm DLX Device is a next-generation device that provides real-time catheter tip location information. It works with the Arrow PICC preloaded with the NaviCurve Stylet for tip navigation and location. It eliminates the need for a confirmatory x-ray.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Device Type
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- includes include Baxter Healthcare Corp., Cook Group Inc., Fresenius Medical Care India Private Ltd., India Medtronic Pvt Ltd., Nipro Medical Corp.others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Vascular Access Devices Market Report Segment
By Device Type
- Central Vascular Access Devices
- Peripherally Inserted Central Catheters
- Percutaneous Non-tunneled Catheters
- Other Central Vascular Access Devices
Peripheral Vascular Access Devices
- Peripheral Catheter
- Midline Catheter
- Other Peripheral Vascular Access Devices
By Application
- Administration of Drugs
- Administration of Fluid and Nutrition
- Diagnotics and Testing
- Others ( Emergency and Critical Care, and Intravenous (IV) Therapy )
By End-User
- Hospital and Clinic
- Diagnostic Centers
- Others ( Home Healthcare Agencies, Nursing Homes, and Diagnostic and Imaging Centers)
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Global Vascular Access Devices Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Baxter Healthcare Corp.
- Cook Group Inc.
- Fresenius Medical Care India Private Ltd.
- India Medtronic Pvt Ltd.
- Siemens Healthineers co.
- Smiths Group
- Statement Introduction
- Teleflex Inc.
- Terumo Group
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