Global Vascular Access Devices Market 2024-2028
The vascular access devices market is forecasted to grow by USD 2.26 bn during 2023-2028, accelerating at a CAGR of 7.1% during the forecast period. The report on the vascular access devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of chronic diseases globally, growing demand for minimally invasive procedures, and the rising geriatric population globally.
Technavio's vascular access devices market is segmented as below:
By Product
- Central VADs
- Peripheral VADs
- Accessories
By End-user
- Hospitals
- Ambulatory care centers
- Clinics and others
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the development of new vascular access devices as one of the prime reasons driving the vascular access devices market growth during the next few years. Also, increasing funding for scale-up production of biomaterial vascular access devices and the growing medical tourism industry in developing countries will lead to sizable demand in the market.
The report on the vascular access devices market covers the following areas:
- Vascular access devices market sizing
- Vascular access devices market forecast
- Vascular access devices market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vascular access devices market vendors that include 3M Co., Access Vascular Inc., Amecath, AngioDynamics Inc., Argon Medical Devices Inc., B.Braun SE, Becton Dickinson and Co., BIOTRONIK SE and Co. KG, Cook Group Inc., Delta Med S.p.A., Fresenius SE and Co. KGaA, Guangdong Baihe Medical Technology Co. Ltd., Haolang Technology Foshan Limited Co. Ltd., ICU Medical Inc., Kimal Group, Medical Components Inc., Medline Industries LP, Medtronic Plc, Nipro Medical Corp., pfm medical ag, Teleflex Inc., Terumo Corp., and Vygon SAS. Also, the vascular access devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.