Vascular Access Devices

Vascular Access Devices Market by Applications (Ambulatory Surgical Centers, Specialty Clinics, and Hospitals), Types (PICC Catheters, Implantable Port, Dialysis Catheters, and CVC Catheters), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

  • Report ID: HC-4194
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 178
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The global vascular access devices market size was valued at around USD 4.3 billion in 2021 and is projected to reach at around USD 7.2 billion by 2030,  expanding at a CAGR of 5.9% during the forecast period, 2022–2030. The growth of the market is attributed to growing use of vascular access devices in pediatric patients and increasing number of chemotherapy procedures.

Global Vascular Access Devices Market_Summary

Vascular access devices are used to deliver certain medicines and solutions safely and directly to bloodstream and used for diagnostic reasons such as administration of medication, total parental nutrition, blood transfusion, and central venous pressure readings. Medicines are delivered into the large vein to enable fast delivery and to avoid damage. Vascular access devices are helpful for delivering fluid nutritional components. Vascular access devices are used for patients that require long-term treatments, such as chemotherapy. These devices are usually made of silicon and latex among other substances. These devices are inserted into veins through peripheral vessels.

The COVID-19 negatively affected the medical devices market, due to significant dip in device sales caused by the pandemic. However, supply of equipment for the management of the pandemic such as ventilators, personal protective equipment, and general hospital supplies registered a surge in sales. Many hospitals and surgical centers canceled and postponed elective surgeries such as cardiovascular surgeries.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for central venous access among patients during long periods of intravenous therapy is expected to drive the market.
  • Increasing number of lifestyle-related disorders is projected to propel the market during the forecast period.
  • Stringent regulations and product recalls are anticipated to hinder the market.
  • Risk associated with catheter usage is expected to hamper the market in the coming years.
  • Research and development in vascular access devices is projected to create lucrative opportunities for market players. 

Scope of the Report

The report on the global vascular access devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Vascular Access Devices Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

Applications (Ambulatory Surgical Centers, Specialty Clinics, and Hospitals), and Types (PICC Catheters, Implantable Port, Dialysis Catheters, and CVC Catheters)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Boston Scientific Corporation; Cook Medical; Fresenius Kabi AG; Smiths Medical;
Vygon; Becton, Dickinson; Argon Medical Devices; B. Braun Melsungen; Kimal Healthcare; Comed; Medtronic; Angio Dynamics; BD; and Teleflex Incorporated

Market Segment Insights

Hospitals segment to expand at a considerable CAGR

On the basis of applications, the vascular access devices market is segmented into ambulatory surgical centers, specialty clinics, and hospitals. The hospitals segment is projected to expand at a considerable CAGR during the forecast period, due to the increasing number of chemotherapy procedures and rising use of vascular access devices in pediatric patients. The specialty clinics segment is anticipated to account for a major market share during the forecast period, as specialty clinics aid in providing nutritional support and drawing blood samples.

Global Vascular Access Devices Market_by Application

Dialysis catheters segment to hold a significant share of the market

Based on types, the market is divided into PICC catheters, implantable port, dialysis catheters, and CVC catheters. The dialysis catheters segment is expected to hold a significant share of the market in the coming years, due to rising cases of blood transfusion. The CVC catheters segment accounts for a significant market share, due to rising demand for central venous access among patients during long periods of intravenous therapy such as chemotherapy.

North America is anticipated to constitute a key market share

In terms of regions, the vascular access devices market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the forecast period, owing to increasing number of clinical trials and growing research for vascular access devices in the region. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to increasing prevalence of life-style related disorders in the region.

Global Vascular Access Devices Market_by Regions

Segments

The global vascular access devices market has been segmented on the basis of
Applications
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Hospitals
Types
  • PICC Catheters
  • Implantable Port
  • Dialysis Catheters
  • CVC Catheters
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Boston Scientific Corporation
  • Cook Medical
  • Fresenius Kabi AG
  • Smiths Medical
  • Vygon
  • Becton, Dickinson
  • Argon Medical Devices
  • B. Braun Melsungen
  • Kimal Healthcare
  • Comed
  • Medtronic
  • Angio Dynamics
  • BD
  • Teleflex Incorporated

Competitive Landscape

Key players competing in the global vascular access devices market are Boston Scientific Corporation; Cook Medical; Fresenius Kabi AG; Smiths Medical; Vygon; Becton, Dickinson; Argon Medical Devices; B. Braun Melsungen; Kimal Healthcare; Comed; Medtronic; Angio Dynamics; BD; and Teleflex Incorporated.

Product launches and organic growth strategies, such as participation in events, are being prioritized by a number of companies. These companies also adopt acquisitions and collaborations to boost their market share.

Global Vascular Access Devices Market_Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vascular Access Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Vascular Access Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Vascular Access Devices Market - Supply Chain
  4.5. Global Vascular Access Devices Market Forecast
     4.5.1. Vascular Access Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Vascular Access Devices Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Vascular Access Devices Market Absolute $ Opportunity
5. Global Vascular Access Devices Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Vascular Access Devices Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Vascular Access Devices Demand Share Forecast, 2019-2026
6. North America Vascular Access Devices Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Vascular Access Devices Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Vascular Access Devices Demand Share Forecast, 2019-2026
7. Latin America Vascular Access Devices Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Vascular Access Devices Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Vascular Access Devices Demand Share Forecast, 2019-2026
8. Europe Vascular Access Devices Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Vascular Access Devices Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Vascular Access Devices Demand Share Forecast, 2019-2026
9. Asia Pacific Vascular Access Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Vascular Access Devices Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Vascular Access Devices Demand Share Forecast, 2019-2026
10. Middle East & Africa Vascular Access Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Vascular Access Devices Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Vascular Access Devices Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Vascular Access Devices Market: Market Share Analysis
  11.2. Vascular Access Devices Distributors and Customers
  11.3. Vascular Access Devices Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Boston Scientific Corporation
     11.4.2. Cook Medical
     11.4.3. Fresenius Kabi AG
     11.4.4. Smiths Medical
     11.4.5. Vygon
     11.4.6. Becton, Dickinson
     11.4.7. Argon Medical Devices
     11.4.8. B. Braun Melsungen&
The global vascular access devices market has been segmented on the basis of
Applications
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Hospitals
Types
  • PICC Catheters
  • Implantable Port
  • Dialysis Catheters
  • CVC Catheters
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Boston Scientific Corporation
  • Cook Medical
  • Fresenius Kabi AG
  • Smiths Medical
  • Vygon
  • Becton, Dickinson
  • Argon Medical Devices
  • B. Braun Melsungen
  • Kimal Healthcare
  • Comed
  • Medtronic
  • Angio Dynamics
  • BD
  • Teleflex Incorporated

Key players competing in the global vascular access devices market are Boston Scientific Corporation; Cook Medical; Fresenius Kabi AG; Smiths Medical; Vygon; Becton, Dickinson; Argon Medical Devices; B. Braun Melsungen; Kimal Healthcare; Comed; Medtronic; Angio Dynamics; BD; and Teleflex Incorporated.

Product launches and organic growth strategies, such as participation in events, are being prioritized by a number of companies. These companies also adopt acquisitions and collaborations to boost their market share.

Global Vascular Access Devices Market_Key Players

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FAQ Section

Some frequently asked quetions about this report!

The global vascular access devices market size was valued at USD 4.3 billion in 2021.

Rising demand for central venous access among patients during long periods of intravenous therapy is expected to drive the market.

The global vascular access devices market is anticipated to expand at a CAGR of 5.9% during the forecast period, 2022–2030.

North America is expected to constitute a key share of the market during the forecast period.

Key players competing in the global vascular access devices market are Boston Scientific Corporation; Cook Medical; Fresenius Kabi AG; Smiths Medical; Vygon; Becton, Dickinson; Argon Medical Devices; B. Braun Melsungen; Kimal Healthcare; Comed; Medtronic; Angio Dynamics; BD; and Teleflex Incorporated.