Vascular Access Devices Market
Vascular Access Devices Market Size, Share & Trends Analysis Report 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, Others), by Application (Administration of Drugs, Administration of Fluid and Nutrition, Diagnotics and Testing, and Others), and by End User (Hospital and Clinic, Diagnostic Centers, and Others),Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Vascular access devices market is anticipated to grow at a CAGR of 6.11% during the forecast period (2023-2030). The market’s growth is attributed to increasing healthcare expenses across the globe. The demand for innovative medical devices, such as vascular access devices, has been driven by increased healthcare spending in both developed and developing nations. Accordingly market players are coming up with new products to cater the demand for peripheral vascular access system. For instance, in April 2023, BD (Becton, Dickinson and Company) launched the BD Prevue™ II Peripheral Vascular Access System, an ultrasound guided method that can boost the effectiveness and security of IV access needlesticks. The BD prevue II vascular access system has several features. These include real-time needle depth markers, a special probe which enables use without requiring the clinician to alter their view or technique, a virtual display of the needle trajectory with BD Cue™ Needle Tracking Technology, and vessel assessment tools for optimal IV catheter length.
Segmental Outlook
The global vascular access devices market is segmented on the device type, application, and end user. Based on the device type, the market is sub-segmented into central vascular access devices, peripherally inserted central catheters, percutaneous non-tunneled catheters, and others, peripheral vascular access devices, peripheral catheter, midline catheter, and others. Based on the application, the market is sub-segmented into administration of drugs, administration of fluid and nutrition, diagnotics and testing, and others. Based on the end-user, the market is sub-segmented into hospital and clinic, diagnostic centers, and others. The peripheral catheter subcategory is expected to capture a significant portion of the market share within the device type segment. This is attributed to the significant development that has enabled medical professionals and clinicians to adopt the proper approach to managing VAD-related infections and plan out appropriate therapy is the increasing prevalence of diagnosis of VAD-related infection.
The Hospital and Clinic Sub-Segment is Anticipated to Hold a Considerable Share of the Global Vascular Access Devices Market
Among the end user, the hospital and clinic sub-segment is expected to hold a considerable share of the global vascular access devices market. The segmental growth is attributed to the growing demand for vascular access devices. Healthcare facilities are striving to improve the quality of care for vascular surgical and interventional therapy, that is anticipated to raise demand for advanced vascular access tools. Such devices play an essential role in therapeutic regimens since they are necessary for diagnosing and treating vascular diseases. Accordingly market players are coming up with new products to cater the demand for inpatient vascular therapy. For instance, in March 2023, The American College of Surgeons (ACS), with the Society for Vascular Surgery (SVS) launched for patients participating in vascular surgical and interventional therapy in an inpatient setting, a new national quality verification program aims to assist participating hospitals to enhance outcomes and providing the most effective care.
Regional Outlook
The global Vascular Access Devices market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to the local distributors with established networks in the region and a competitive edge in the vascular access device industry can increase the market.
Global Vascular Access Devices Market Growth by Region 2023-2030
The North America Region is Expected to Grow at a Significant CAGR in the Global Vascular Access Devices Market
Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the vascular access catheters are used frequently in the region. The data indicates that vascular access catheters, such as peripherally inserted central catheters, midline catheters, and arterial lines, are used frequently in clinical practice. It indicates that the same types of technologies are essential. According to the National Institute of Health (Gov.), in March 2022, 53.1% of all patients that received a vascular access catheter inserted were female, with a mean age of 34.2 years and admission to critical care services owing to sepsis (90.2%) and cardiovascular issues. With a success rate of 66% on the initial puncture, the placement of the peripherally inserted central catheter, midline, and arterial was echo-guided between 91% and 100%. The midline catheter possessed a reach of 57% through the completion of the treatment, while the average length of the peripherally implanted central catheter was 25.3 days. Overall phlebitis was reported per catheter day at a rate of 2.03, positive blood culture of the central peripheral insertion device at a rate of 1.9, thrombosis at a rate of 0.50, and arterial line thrombosis at a rate of 11.7. According to the reasonable and structured therapeutic uses of the aforementioned elements in accordance with the complexity of the patients admitted to the hospital, the Vascular Access Device Program, led by nurses, reported on that are concerned. To reduce infection rates and thrombosis through efficient follow-up and control mechanisms, improvement strategies needs to be implemented into action.
The Statistics on Central Venous Catheterization in Female Patients
Source: National Institute of Health (Gov.)
Furthermore, the market’s growth is attributed to clinical advice and adoption across the region. Specific vascular access devices can be adopted in response to clinical advice and support from medical professionals. Market expansion can be encouraged by favorable reviews and suggestions for the Arrow Pressure Injectable Midline product. in September 2022, Teleflex Incorporated introduces their new Arrow Pressure Injectable Midline portfolio in the US and Canada in an effort to reduce line identification uncertainty. Clinicians offer a choice between the standard Arrow Midline and the antibacterial and antithrombogenic Arrowg+ard Blue Advance Midline, both of that come in single and double lumen designs.
Market Players Outlook
The major companies serving the vascular access devices market include Baxter Healthcare Corp., Cook Group Inc., Fresenius Medical Care India Private Ltd., India Medtronic Pvt Ltd., Nipro Medical Corp., others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2021, Access Vascular, Inc. and the Association for Vascular Access (AVA) has partnered strategically. The partnership's objective is to work jointly to improve patient outcomes through the use of clinical education and evidence-based clinical practices.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global vascular access devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Access Vascular, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. B. Braun SE
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Becton, Dickinson, and Co.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Vascular Access Devices Market by Device Type
4.1.1. Central Vascular Access Devices
4.1.1.1. Peripherally Inserted Central Catheters
4.1.1.2. Percutaneous Non-tunneled Catheters
4.1.1.3. Other Central Vascular Access Devices
4.1.2. Peripheral Vascular Access Devices
4.1.2.1. Peripheral Catheter
4.1.2.2. Midline Catheter
4.1.2.3. Other Peripheral Vascular Access Devices
4.2. Global Vascular Access Devices Market by Application
4.2.1. Administration of Drugs
4.2.2. Administration of Fluid and Nutrition
4.2.3. Diagnotics and Testing
4.2.4. Others ( Emergency and Critical Care, and Intravenous (IV) Therapy )
4.3. Global Vascular Access Devices Market by End-User
4.3.1. Direct Fired
4.3.2. Indirect Fired
4.3.3. Water Driven
4.4. Global Vascular Access Devices Market by End-User
4.4.1. Hospital/Clinic
4.4.2. Diagnostic Centers
4.4.3. Others ( Home Healthcare Agencies, Nursing Homes, and Diagnostic and Imaging Centers)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Baxter Healthcare Corp.
6.2. Cook Group Inc.
6.3. Fresenius Medical Care India Private Ltd.
6.4. India Medtronic Pvt Ltd.
6.5. Nipro Medical Corp.
6.6. Siemens Healthineers co.
6.7. Smiths Group
6.8. Statement Introduction
6.9. Teleflex Inc.
6.10. Terumo Group
1. GLOBAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2022-2030 ($ MILLION)
2. GLOBAL CENTRAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL PERIPHERALLY INSERTED CENTRAL CATHETERS VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL OTHERS VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL PERIPHERAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL PERIPHERAL CATHETER VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL MIDLINE CATHETER VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL OTHERS VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION , 2022-2030 ($ MILLION)
10. GLOBAL VASCULAR ACCESS DEVICES IN ADMINISTRATION OF DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL VASCULAR ACCESS DEVICES IN ADMINISTRATION OF FLUID AND NUTRITION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL VASCULAR ACCESS DEVICES IN DIAGNOTICS AND TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL VASCULAR ACCESS DEVICES IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
15. GLOBAL VASCULAR ACCESS DEVICES FOR HOSPITAL AND CLINIC MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL VASCULAR ACCESS DEVICES FOR DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL VASCULAR ACCESS DEVICES FOR DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. NORTH AMERICAN VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
20. NORTH AMERICAN VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2022-2030 ($ MILLION)
21. NORTH AMERICAN VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION , 2022-2030 ($ MILLION)
22. NORTH AMERICAN VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
23. EUROPEAN VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
24. EUROPEAN VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2022-2030 ($ MILLION)
25. EUROPEAN VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION , 2022-2030 ($ MILLION)
26. EUROPEAN VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
27. ASIA- PACIFIC VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
28. ASIA- PACIFIC VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2022-2030 ($ MILLION)
29. ASIA- PACIFIC VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION , 2022-2030 ($ MILLION)
30. ASIA- PACIFIC VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
31. REST OF THE WORLD VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
32. REST OF THE WORLD VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2022-2030 ($ MILLION)
33. REST OF THE WORLD VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION , 2022-2030 ($ MILLION)
34. REST OF THE WORLD VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE TYPE, 2022 VS 2030 (%)
2. GLOBAL CENTRAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
3. GLOBAL PERIPHERALLY INSERTED CENTRAL CATHETERS VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
4. GLOBAL PERCUTANEOUS NON-TUNNELED CATHETERS VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
5. GLOBAL OTHERS VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
6. GLOBAL PERIPHERAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
7. GLOBAL PERIPHERAL CATHETER VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
8. GLOBAL MIDLINE CATHETER VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
9. GLOBAL OTHERS VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
10. GLOBAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022 VS 2030 (%)
11. GLOBAL VASCULAR ACCESS DEVICES IN ADMINISTRATION OF DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
12. GLOBAL VASCULAR ACCESS DEVICES IN ADMINISTRATION OF FLUID AND NUTRITION MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
13. GLOBAL VASCULAR ACCESS DEVICES IN DIAGNOTICS AND TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
14. GLOBAL VASCULAR ACCESS DEVICES IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
15. GLOBAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY END-USER, 2022 VS 2030 (%)
16. GLOBAL VASCULAR ACCESS DEVICES FOR HOSPITAL AND CLINIC MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
17. GLOBAL VASCULAR ACCESS DEVICES FOR DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
18. GLOBAL VASCULAR ACCESS DEVICES FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
19. GLOBAL VASCULAR ACCESS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
20. US VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
21. CANADA VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
22. UK VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
23. FRANCE VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
24. GERMANY VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
25. ITALY VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
26. SPAIN VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
27. REST OF EUROPE VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
28. INDIA VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
29. CHINA VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
30. JAPAN VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
31. SOUTH KOREA VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
32. REST OF ASIA-PACIFIC VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
33. REST OF THE WORLD VASCULAR ACCESS DEVICES MARKET SIZE, 2022-2030 ($ MILLION)
