Vascular Access Devices Market Size, Share & Trends Analysis - Europe - 2023-2029 - MedSuite - Includes: Implantable Port Market, Port Needle Market, Central Venous Catheter Market, and 10 more
In 2022, the European Vascular Access Devices Market reached a valuation of €1.9 billion. As we analyze the market, we have identified over 60 vascular access companies across Europe and utilized our comprehensive methodology to gain insights into market sizes, unit sales, and company market shares. With our accurate forecasts, we project that the market will continue to grow, reaching a value of €2.2 billion by the end of the forecast period.
Our full report suite on the European market for vascular access devices and accessories covers a wide range of products. This includes implantable ports, port needles, central venous catheters (CVCs), peripherally inserted central catheters (PICCs), peripheral intravenous catheters (PIVCs), midline catheters, extended dwell catheters (EDCs), dialysis catheters, ultrasound vascular access devices, vein visualization, tip placement systems and accessories, catheter securement devices, antibacterial catheter patches, catheter caps, syringes, and needles.
We strive to provide comprehensive and accurate market research to enable our clients to make informed decisions and navigate the evolving landscape of the vascular access devices market in Europe.
DATA TYPES INCLUDEDUnit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2029, and Historical Data to 2019
Market Drivers & Limiters for Each Vascular Access Device market
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & AcquisitionsDisease Overviews and Demographic Information
Company Profiles, Product Portfolios and SWOT for Top Competitors
EUROPEAN VASCULAR ACCESS DEVICE MARKET VALUE AND INDUSTRY TRENDSThe European Vascular Access Devices Market is experiencing growth due to the increasing adoption of safety devices aimed at preventing needle-stick injuries. This trend is particularly notable in segments such as peripheral intravenous catheters (PIVCs) and syringes and needles, which constitute a substantial portion of the overall vascular access market in Europe. Europe-wide legislation implemented in 2013 and early 2014 has been transposed into the laws of all countries covered in this report, promoting the use of safety devices.
Moreover, individual regions within Europe have enacted their own regulations to encourage the use of safety devices, including syringes and needles, in work environments. Safety products come with a significant price premium compared to conventional products, resulting in higher average selling prices (ASPs) and increased market value. The ongoing conversion to safety devices is expected to further drive market growth in the future.
The markets for peripherally inserted central catheters (PICCs) and midlines are experiencing rapid growth, driven by a shift away from central venous catheters (CVCs) due to the higher risk of infection associated with CVCs. While the PICC market in Europe is more mature compared to the midline market, the growth in market value is primarily attributed to the increased adoption of premium-priced power injectable PICCs and PICCs sold with tip-placement disposables.
However, the overall market growth is expected to be constrained by pricing pressures across Europe. Healthcare facilities in Europe tend to lean towards lower-cost products, leading many competitors to lower their prices. Additionally, the preference for high-cost, premium-priced versions of products, such as those with antimicrobial coatings, is still developing in many markets. Consequently, the premiums on these devices remain relatively low, and the market is not experiencing significant upward pressure from the conversion to these products.
EUROPEAN VASCULAR ACCESS DEVICE MARKET SHARE ANALYSISIn 2022, Becton Dickinson (BD) emerged as the market leader in the European vascular access device and accessories market. Following its acquisition of C.R. Bard in 2017, BD has maintained a strong presence in both traditional vascular access devices and accessories. The company holds a leading position in most of the market segments covered in this report and is a significant competitor in the remaining markets.
B. Braun secured the second-largest market share in the European vascular access market in 2022. The company's success can be attributed to its strong presence as the second-leading competitor in several key markets, including implantable ports, port needles, central venous catheters (CVCs), peripherally inserted central catheters (PICCs), and syringes and needles.
Despite focusing solely on the catheter securement and catheter cap market, 3M held the third-largest market share in the overall vascular access device and accessories market. 3M generates significant revenue from its high-volume sales of catheter dressings and securement devices, which are commonly used with a majority of catheters placed in Europe.
REPORT REGIONAL COVERAGEDuring our extensive research series, iData Research has conducted in-depth studies on numerous countries. Our reports offer the flexibility to purchase individual country reports, allowing you to customize the data according to your specific requirements. The countries covered in our research include:
Germany
France
U.K.
Italy
Spain
Benelux (Belgium, Netherlands, and Luxembourg)
Switzerland
Austria
Portugal
Scandinavia
SEGMENTS COVEREDImplantable Port Market
Port Needle Market
Central Venous Catheters (CVC’s) Market
Peripherally Inserted Central Catheters (PICC’s) Market
Peripheral Intravenous Catheters (PIVC’s) Market
Midline Market
Dialysis Catheter Market
Catheter Securement Device Market
Syringes and Needles Market
Vascular Access Ultrasound Devices Market
Tip-Placement Systems Market
Antibacterial Catheter Patches Market
Catheter Caps Market Market
Ultrasound Vascular Access Device Market
Appendix: Vein Visualization Market