The Vascular Access Device Market Size is valued at 1500.0 Million in 2022 and is predicted to reach 2498.4 Million by the year 2031 at a 5.9 % CAGR during the forecast period for 2023-2031.
The vascular access device is defined as a device that allows easy administration of fluids, blood products, and medications into veins via peripheral or central vessels to permit monitoring of hemodynamic function, dialysis, and collecting of blood specimens. It contains intravascular devices that can be inserted into peripheral veins, peripheral intravenous cannula (PIVC), peripheral arterial devices, central venous catheters, and peripherally inserted central catheters (PICC lines) for different purposes.
The industry is expected to be driven by the growing number of chronic diseases and the rising geriatric population. The speedily growing healthcare industry and increasing per capita expenditure in developing countries are anticipated to boost the demand of this segment over the forecast period. The increasing number of Chemotherapy Procedures and technological advancements are the factors expected to impact the market growth in upcoming years positively.
Market Segmentation
The Global Vascular Access Device market is categorized based on product, Application, and region. On the basis of product type, the market is segmented into Portal Access Needles, Implantable Ports, Sheath Introducer, IV Safety Catheters, Central Venous Catheter, Peripherally Inserted Central Catheter, and Catheter Stabilization. On the basis of End-user, the market is segmented into General Anesthesia, Regional Anesthesia, Oncology, Pain Management, Adult Critical Care, Neo Critical Care, and Home and Alternate Care. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among all, North America is expected to dominate the market during the analysis of the forecast period.
Competitive Landscape
Some of The Key Players in The Vascular Access Device Market:
- Teleflex Incorporated
- Smiths Medical, Inc.
- B Braun Melsungen AG
- COOK Medical
- Angiodynamics (Navilyst Medical, Inc)
- Districlass medical
- Guangdong Baihe Medical Technology
- HEKA Srl
- B. Medical
- Ibeg - Instituto de Bioengenharia Erasto Gaertner
- PakuMed medical products
- Perouse Medical
- Terumo Corporation
- Nipro Medical Corporation
- Merit Medical Systems, Inc.
- Vygon S.A.
- Becton, Dickinson and Company
- Edwards Lifesciences Corporation
- Ameco Medical
- Romsons Scientific & Surgical Pvt. Ltd.
- Prodimed
- Other Prominent Players
The Vascular Access Device Market Report Scope
Report Attribute |
Specifications |
Market Size Value In 2022 |
USD 1500.0 Million |
Revenue Forecast In 2031 |
USD 2498.4 Million |
Growth Rate CAGR |
CAGR of 5.9 % from 2023 to 2031 |
Quantitative Units |
Representation of revenue in US$ Million, Volume (Unit), and CAGR from 2023 to 2031 |
Historic Year |
2019 to 2022 |
Forecast Year |
2023-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Product, By Application |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
Competitive Landscape |
Teleflex Incorporated, Smiths Medical, Inc., B Braun Melsungen AG, COOK Medical, Angiodynamics (Navilyst Medical, Inc), Districlass medical, Guangdong Baihe Medical Technology, HEKA Srl, F.B. Medical, Ibeg – Instituto de Bioengenharia Erasto Gaertner, PakuMed medical products, Perouse Medical, Terumo Corporation, Nipro Medical Corporation, Merit Medical Systems, Inc., Vygon S.A., Edwards Lifesciences Corporation, Ameco Medical, Romsons Scientific & Surgical Pvt. Ltd., and Prodimed. and others |
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |