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Vascular Access Device Trends and Forecast
The future of the global vascular access device market looks promising with opportunities in the hospital, and clinics and ambulatory care center markets. The global vascular access device market is expected to reach an estimated $8.8 billion by 2030 with a CAGR of 6.9% from 2024 to 2030. The major drivers for this market are the rising number of chemotherapy operations, growing number of pediatric patients using vascular access devices, and increasing rates of illnesses linked to a lifestyle.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Vascular Access Device by Segment
The study includes a forecast for the global vascular access device by type, application, end use, and region.
Vascular Access Device Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Central Vascular Access Device
• Tunneled Catheters
• Non-Tunneled Catheters
• Implanted Ports
• Peripherally Inserted Central Catheters
• Peripheral Vascular Access Device
• Peripheral Midlines Devices
• Peripheral Short Devices
• Butterfly/Winged Steel Needles
Vascular Access Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Drug Administration
• Fluid and Nutrition Administration
• Blood Transfusion
• Diagnostics and Testing
• Others
Vascular Access Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospital
• Clinics and Ambulatory Care Centers
• Others
Vascular Access Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Vascular Access Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vascular access device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vascular access device companies profiled in this report include-
• ICU Medical
• Teleflex
• B. Braun
• AngioDynamics
• Terumo Corporation
• Nipro Medical
• Medtronic
• Amecath
• Romsons
• Cook Medical
Vascular Access Device Market Insights
Lucintel forecasts that drug administration will remain the largest segment over the forecast period due to increased use of vascular access devices for medication delivery, especially in the context of cancer and infection treatments.
North America is expected to witness highest growth over the forecast period due to a favorable reimbursement system and large government expenditures on state-of-the-art medical equipment.
Features of the Global Vascular Access Device Market
Market Size Estimates: Vascular access device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Vascular access device market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Vascular access device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the vascular access device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vascular access device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the vascular access device market size?
Answer: The global vascular access device market is expected to reach an estimated $8.8 billion by 2030.
Q2. What is the growth forecast for vascular access device market?
Answer: The global vascular access device market is expected to grow with a CAGR of 6.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the vascular access device market?
Answer: The major drivers for this market are the rising number of chemotherapy operations, growing number of pediatric patients using vascular access devices, and increasing rates of illnesses linked to a lifestyle.
Q4. What are the major segments for vascular access device market?
Answer: The future of the global vascular access device market looks promising with opportunities in the hospital, and clinics and ambulatory care center markets.
Q5. Who are the key vascular access device market companies?
Answer: Some of the key vascular access device companies are as follows:
• ICU Medical
• Teleflex
• B. Braun
• AngioDynamics
• Terumo Corporation
• Nipro Medical
• Medtronic
• Amecath
• Romsons
• Cook Medical
Q6. Which vascular access device market segment will be the largest in future?
Answer: Lucintel forecasts that drug administration will remain the largest segment over the forecast period due to increased use of vascular access devices for medication delivery, especially in the context of cancer and infection treatments.
Q7. In vascular access device market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to a favorable reimbursement system and large government expenditures on state-of-the-art medical equipment.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vascular access device market by type (central vascular access device, tunneled catheters, non-tunneled catheters, implanted ports, peripherally inserted central catheters, peripheral vascular access device, peripheral midlines devices, peripheral short devices, and butterfly/winged steel needles), application (drug administration, fluid and nutrition administration, blood transfusion, diagnostics and testing, and others), end use (hospital, clinics and ambulatory care centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Vascular Access Device Market, Vascular Access Device Market Size, Vascular Access Device Market Growth, Vascular Access Device Market Analysis, Vascular Access Device Market Report, Vascular Access Device Market Share, Vascular Access Device Market Trends, Vascular Access Device Market Forecast, Vascular Access Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Vascular Access Device Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Vascular Access Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Vascular Access Device Market by Type
3.3.1: Central vascular access device
3.3.2: Tunneled catheters
3.3.3: Non-tunneled catheters
3.3.4: Implanted ports
3.3.5: Peripherally inserted central catheters
3.3.6: Peripheral vascular access device
3.3.7: Peripheral midlines devices
3.3.8: Peripheral short devices
3.3.9: Butterfly/winged steel needles
3.4: Global Vascular Access Device Market by Application
3.4.1: Drug administration
3.4.2: Fluid and nutrition administration
3.4.3: Blood transfusion
3.4.4: Diagnostics and testing
3.4.5: Others
3.5: Global Vascular Access Device Market by End Use
3.5.1: Hospital
3.5.2: Clinics and ambulatory care centers
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Vascular Access Device Market by Region
4.2: North American Vascular Access Device Market
4.2.1: North American Vascular Access Device Market by Application: Drug administration, Fluid and nutrition administration, Blood transfusion, Diagnostics and testing, and Others
4.2.2: North American Vascular Access Device Market by End Use: Hospital, Clinics and ambulatory care centers, and Others
4.3: European Vascular Access Device Market
4.3.1: European Vascular Access Device Market by Application: Drug administration, Fluid and nutrition administration, Blood transfusion, Diagnostics and testing, and Others
4.3.2: European Vascular Access Device Market by End Use: Hospital, Clinics and ambulatory care centers, and Others
4.4: APAC Vascular Access Device Market
4.4.1: APAC Vascular Access Device Market by Application: Drug administration, Fluid and nutrition administration, Blood transfusion, Diagnostics and testing, and Others
4.4.2: APAC Vascular Access Device Market by End Use: Hospital, Clinics and ambulatory care centers, and Others
4.5: ROW Vascular Access Device Market
4.5.1: ROW Vascular Access Device Market by Application: Drug administration, Fluid and nutrition administration, Blood transfusion, Diagnostics and testing, and Others
4.5.2: ROW Vascular Access Device Market by End Use: Hospital, Clinics and ambulatory care centers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Vascular Access Device Market by Type
6.1.2: Growth Opportunities for the Global Vascular Access Device Market by Application
6.1.3: Growth Opportunities for the Global Vascular Access Device Market by End Use
6.1.4: Growth Opportunities for the Global Vascular Access Device Market by Region
6.2: Emerging Trends in the Global Vascular Access Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Vascular Access Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Vascular Access Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ICU Medical
7.2: Teleflex
7.3: B. Braun
7.4: AngioDynamics
7.5: Terumo Corporation
7.6: Nipro Medical
7.7: Medtronic
7.8: Amecath
7.9: Romsons
7.10: Cook Medical
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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