North America Continues to Lead the Vascular Access Devices Market 2018

According to the new market research report by IndustryARC titled “Vascular Access Devices Market: By Type (Peripheral, PIV Catheters, Others); By Route of Insertion (Subcutaneous, Intravenous); By Application (Medication, Diagnostic Testing, Others); By End User (Hospitals, Clinics, Others) & By Region-Forecast (2018-2023)”, the market is estimated to reach $5.9 billion by 2023 at a CAGR of 6.1%.

North America possess major share and APAC is projected to exhibit rapid growth in the Vascular Devices Market mainly due to factors such as rising consumer awareness, government investments in the public health, growing medical tourism and chemotherapeutic procedures. The key end user markets in APAC are Hospitals, Clinics, Ambulatory Surgery Centers, and Diagnostic Centers. APAC Market is anticipated to reach 1.3 billion by 2023 with a CAGR of 7.2%. Also the market is fairing good in European nations mainly due to the European Association of Percutaneous Cardiovascular Interventions and especially in countries like Germany and Norway.

Selected Type of Opportunity Analysis done in the full report

• Technological advancements to provide significant opportunities: In recent times, the key players are highly focused on reducing infection rates and making PICCs (Peripherally inserted central catheters) and tunneled catheters safer and easier to use and hence, are investing more in the technological advancement of these devices. Thus, the technological advancement of vascular access devices coupled with high investments by key companies is poised to provide significant opportunities to the Vascular Access Devices Market in the coming future.

• Growing number of vascular access devices in pipeline: The stringent regulations by the regulatory bodies such as FDA and others involves the processing of medical devices through various phases. Some of the key players of the vascular access devices market such as C. R. Bard, B. Braun Melsungen AG, Baxter International and others are highly engaged in the development of these peripheral vascular access devices. Thus, increasing R&D expenses for these devices coupled with the stringent regulations imposed by the regulatory bodies, may lead to the launch of more number of vascular access devices in the near future, thereby providing ample opportunities to the Vascular Access Devices Market.

• Emerging economies to provide ample opportunities in the coming years: Emerging nations such as China, India, Brazil and Russia are anticipated to experience exponential growth in the demand for Non tunneled catheters, Midline catheter devices, and Midclavicular catheter devices, owing to the increasing instances of lifestyle disorders such as atherosclerosis, heart disease, obesity and others. These countries have witnessed increasing penetration of hospitals, clinics, and centers for disease control and prevention thus providing huge investment opportunities to the vascular access device providers.

Excerpts Market Growth Factors Mentioned in the Full Report:

• Rising healthcare expenditure per capita across the globe is propelling the growth. This includes the rise in the favorable reimbursement policies and growing medical tourism. Also, the development of efficient and advanced technology in the field of vascular access coupled with kidney failure, diabetes, cancer, and other diseases are the major growth drivers for the market.

• North American Vascular Access Devices Market accounts for the lion’s share and the demand for vascular access devices to treat chronic kidney diseases is likely to drive the vascular access devices market in this region.

• The Vascular Access Devices Market had also witnessed a large number of acquisitions in the aforesaid mentioned period to cater to artificial hydration and nutrition requirements to provide fluids during a surgical procedure, is driving the growth of Vascular Access Devices Market across the globe.

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Key players of Vascular Access Devices Market:

• Vascular Access Devices Market is moderately consolidated wherein, Becton, Dickinson and Co (Including C. R. Bard) is one of the leading player contributing to nearly about 31% of overall revenue. The company being a pioneer in vascular devices has remained the dominant player. The other leading players include Fresenius Medical Care, B. Braun Melsungen AG, Cook Medical.

• Also, there are umpteen small scale players who have forayed into the market with their cost effective offerings for less demanding applications. The top key players are as mentioned below:

Companies Cited/Referenced/Interviewed:

Vascular Access Devices Market Report is segmented as indicated below.

• Vascular Access Devices Market By Product Type:

  1. Peripheral

  2. PIV Catheters

  3. Midline Catheters

  4. Central

  5. PICC

  6. CVC

  7. Dialysis Catheters

  8. Implantable Ports

  9. Accessories

• Vascular Access Devices Market By Route of Insertion

  1. Subcutaneous

  2. Intravenous

• Vascular Access Devices Market, by Application

  1. Medication Administration

  2. Administration of Fluid and Nutrition

  3. Transfusion of Blood Products

  4. Diagnostic Testing

• Vascular Access Devices Market, by End-User:

1. Hospitals

2. Clinics

3. Ambulatory Surgery Centres

4. Diagnostic Centres

• Vascular Access Devices Market By Geography (Covers 15+ Countries)

• Vascular Access Devices Market Entropy

• Company Profiles

• Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.

What can you expect from the report?

The Vascular Access Devices Market Report is Prepared with the Main Agenda to Cover the following 20 points:

1. Market Size by Product Categories

2. Market trends

3. Manufacturer Landscape

4. Distributor Landscape

5. Pricing Analysis

6. Top 10 End user Analysis

7. Product Benchmarking

8. Product Developments

9. Mergers & Acquisition Analysis

10. Patent Analysis

11. Demand Analysis (By Revenue & Volume)

12. Country level Analysis (15+)

13. Competitor Analysis

14. Market Shares Analysis

15. Value Chain Analysis

16. Supply Chain Analysis

17. Strategic Analysis

18. Current & Future Market Landscape Analysis

19. Opportunity Analysis

20. Revenue and Volume Analysis

FAQ:

Does IndustryARC publish country, geography or application based reports in Vascular Access Devices?

Yes, we do have separate reports as mentioned below:

1. Europe Market for Vascular Access Devices (2018-2023)
2. Asia-Pacific Market for Vascular Access Devices (2018-2023)
3. North America Market for Vascular Access Devices (2018-2023)
4. Middle East Market for Vascular Access Devices (2018-2023)
5. Hospitals Market for Vascular Access Devices (2018-2023)
6. Clinics Market for Vascular Access Devices (2018-2023)
7. Ambulatory Surgery Centres for Vascular Access Devices (2018-2023)
8. Diagnostic Centres for Vascular Access Devices (2018-2023)

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Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:

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