Market Overview:
Vascular access devices are medical devices used to access the bloodstream for various diagnostic and therapeutic purposes. They are commonly used in hospitals, clinics, and other healthcare settings.They commonly provide a route for the administration of medications, fluids, and blood products, as well as for blood sampling and monitoring directly into the bloodstream. They enable the delivery of various medications, including antibiotics, chemotherapy drugs, pain medications, and intravenous fluids. These devices facilitate the transfusion of blood and blood products, such as packed red blood cells, platelets, and plasma.
global Vascular Access Devices market was worth USD 5.3 billion. It is anticipated to grow a CAGR of 6.6% and is expected to reach USD 9.9 billion in 2032 between 2023-2032.
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Market Development :
Increasing prevalence of chronic diseases: Chronic diseases, such as cancer, cardiovascular disease, and end-stage renal disease, require long-term vascular access for the administration of medications and fluids.
Rising demand for minimally invasive procedures: Minimally invasive procedures are becoming increasingly popular, as they offer a number of advantages over traditional open surgery, such as less pain, faster recovery, and fewer complications. Vascular access devices play a vital role in minimally invasive surgery, as they allow surgeons to access the body through small incisions.
Growing demand for home healthcare: The demand for home healthcare is growing rapidly, as more and more patients are being discharged from hospitals earlier. This is creating a need for vascular access devices that can be used safely and effectively in the home setting.
Increasing focus on patient safety: Patient safety is a top priority for healthcare providers. Vascular access devices are being developed with new safety features to reduce the risk of complications, such as infections and blood clots.
Market Key Players:
Braun Melsungen AG
Becton, Dickinson, and Company
Cook Medical
Teleflex Medical
NIPRO Medical Corporation
Baxter International Inc.
Medtronic
Fresenius Medical Care
Siemens Healthineers
Terumo Corporation
AngioDynamics
Other Key Players
Regional Analysis:
-North America [United States, Canada, Mexico]
-South America [Brazil, Argentina, Columbia, Chile, Peru]
-Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
-Middle East & Africa [GCC, North Africa, South Africa]
-Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]mailto:inquiry@market.us
Market Top Segmentations:
Device Type
Central Vascular Access Devices
Peripherally Inserted Central Catheters
Percutaneous Non-tunneled Catheters
Other Central Vascular Access Devices
Peripheral Vascular Access Devices
Peripheral Catheter
Midline Catheter
Other Peripheral Vascular Access Devices
Accessories
Application
Administration of Drugs
Administration of Fluid and Nutrition
Diagnostics and Testing
Other Applications
End-User
Hospitals & Clinics
Ambulatory Surgical Centers
Diagnostic Centers
Other End-Users
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Market Demand:
PICCs: PICCs are being used more frequently in patients with cancer and other chronic diseases, as they provide long-term vascular access with a lower risk of complications than other types of catheters.
Implanted ports: Implanted ports are also becoming more popular, as they offer patients a convenient and cosmetically acceptable way to receive long-term vascular access.
Antimicrobial-coated catheters: Antimicrobial-coated catheters are being used more widely to reduce the risk of catheter-related bloodstream infections.
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