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Global Vascular Access Devices Market Size, Share, Trends, Growth & COVID-19 Analysis Report - Segmented By Type, Application, End Users & Region – Industry Forecasts (2022 to 2027)

Published: January, 2022
ID: 6407
Pages: 175

Global Vascular Access Devices Market Size (2022 to 2027)

The Global vascular access devices market size was worth USD 4.44 billion in 2022. This value is further forecasted to grow USD 6.26 billion by 2027, showcasing a CAGR of 7.1% during the forecast period.

A vascular Access Device is a thin tube inserted into veins and fixed under the skin to monitor the therapy and fluids through catheters. When using vascular access devices, advanced technologies are also used by radiologists to examine the images during the treatment procedures. The U.S. FDA has given clearance to market products such as Ellipsys® Vascular Access System for patients who need hemodialysis.

MARKET DRIVERS:

A growing number of lifestyle changes, Y-O-Y rise in the number of cancer treatment procedures such as chemotherapy processes are majorly promoting the growth rate of the global vascular access devices market.

Additionally, the Y-O-Y increase in the adoption of advanced technological equipment to diagnose diseases and the therapy is expected to favor global vascular access devices market growth. Furthermore, favorable government policies such as reimbursements, rising aging people population worldwide, a growing number of kidney failure cases are expected to propel the market growth. Additionally, the average income earned by a person on healthcare paired up with medical tourism and R & D for updating the devices is also excelling the demand for the global market.

MARKET RESTRAINTS:

Lack of proper awareness over the treatment procedures in undeveloped countries due to fewer training programs is expected to hamper the global vascular access devices market growth.

High costs associated with the devices and treatment options, strict rules from the government, and guidelines for the FDA's approvals by the products are further restraining the global vascular access devices market growth.

Impact of COVID-19 on the global vascular access devices market

The airborne and zoonotic infectious disease, the coronavirus (COVID 19) has brought the world to a standstill. Throughput the COVID 19 emergency period, patients need proper care requiring the insertion of vascular access devices. With the growing number of patients with COVID 19, the demand for the use of vascular access devices is surging. Patients affected with the virus are suffering with various heart related problems that is also leading to death. This is straight forwardly levelling up the use of vascular access devices to monitor the patient continuously. This may help the doctors to give appropriate time in these tough times. In 2021, the demand for the vascular access devices market is growing at higher rate where it is estimated that flow will continue in the coming years.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 to 2027

Base Year

2021

Forecast Period

2022 to 2027

Segments Covered

By Type, Application, End-User, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

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

 

This research report on the global vascular access devices market has been segmented and sub-segmented based on the type, application, end-user, and region.

Vascular Access Devices Market - By Type:

  • Peripheral Vascular Access Devices              
    • Midline Devices
    • Short Devices
    • Butterfly/Winged Steel Needles
  • Central Vascular Access Devices    
    • Peripherally Inserted Central Catheters (PICC).
    • Tunneled Catheters
    • Non-Tunneleders Catheters
    • Implanted Ports
  • Accessories             

Based on vascular access devices, the central vascular access devices segment is expected to occupy most of the share in the global market due to its practical use in chemotherapy treatment.

Vascular Access Devices Market - By Application:

  • Drug Administration            
  • Fluid & Nutrition Administration    
  • Blood Transfusion Diagnostics Testing          

Based on application, the drug administration segment is predicted to hold the lion's share of the market because of the various applications of vascular access devices.

Vascular Access Devices Market - By End User:

  • Hospitals  
  • Clinics and Ambulatory Care Centers           
  • Other End Users   

Based on end-user, the hospitals are regarded to account for the largest share due to the hospitals' major vascular access devices.

Vascular Access Devices Market - By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Geographically, the global vascular access devices market is expected to be dominated by the North American region due to the developed healthcare foundation for easy acquisition of advanced medical devices. In this region, the Canadian market is expected to perform well and register healthy growth during the forecast period due to the rising prevalence of cardiovascular and cancer diseases.

The European market is forecasted to be the second-largest regional market during the forecast period due to the high incidence of cardiovascular diseases. In this region, the UK market is the most promising regional market and is expected to account for a considerable market share during the forecast period.

The Asia-Pacific is estimated to be the fastest-growing regional market. In this region, countries such as India and China are embracing advanced technology devices. Also, government and private organizations that help improve the health of the patients are factors that boost the market growth of this region.

The Latin American market is estimated to have steady growth due to the number of patients suffering from chronic diseases, growing medical tourism within a short period, and growing older people.

The Middle East & Africa region is likely to produce a profitable outcome in the upcoming years due to the growing elder people population that accompanies medical tourism.

KEY MARKET PARTICIPANTS:

Some of the notable participants dominating the global vascular access devices market profiled in this report are Becton Dickinson and Company, C.R.Bard Inc., Smiths Medical, Inc.Teleflex Incorporated, B Braun Melsungen Ag, AngioDynamics, Terumo Corporation, Nipro Medical Corporation, Edwards Lifesciences Corporation, Ameco Medical, Romsons Scientific & Surgical Pvt. Ltd and Prodimed.

RECENT MARKET DEVELOPMENTS:

  • In January 2020, PATHFINDER I was launched by Angio Dynamics, a leading company and provider of therapeutic devices for vascular diseases. It will bring out the significant outcome of AURYON Atherectomy system. Also, it provides essential and scientific data in the medical field.
  • In April 2019, Angio Dynamics Inc., has received FDA approval for its NanoKnife, which is used to treat pancreatic cancer stage III. It was a breakthrough device for intravenous means, peripheral vascular disease, and cancer also.
  • In November 2019, Teleflex showcased its portfolio, highlighting the MANTA, a vascular device, and the Dual-Lumen Langston Catheters. It makes complicated procedures simple and even succeeds in the common procedural challenges.

1. Introduction        

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                

2. Research Methodology                  

                2.1 Introduction      

                2.2 Research Phases                      

       2.2.1 Secondary Research           

       2.2.2 Primary Research 

       2.2.3 Econometric Modelling      

       2.2.4 Expert Validation  

                2.3 Analysis Design

                2.4 Study Timeline 

3. Overview              

                3.1 Executive Summary                

                3.2 Key Inferences

                3.3 Epidemology     

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)           

                4.1 Market Drivers 

                4.2 Market Restraints                    

                4.3 Key Challenges

                4.4 Current Opportunities in the Market     

5. Market Segmentation                     

                5.1 End Users                    

       5.1.1 Introduction           

       5.1.2 Hospitals  

       5.1.3 Clinics and Ambulatory Care Centers           

       5.1.4 Other End Users   

       5.1.5 Y-o-Y Growth Analysis, By End Users           

       5.1.6 Market Attractiveness Analysis, By End Users         

       5.1.7 Market Share Analysis, By End Users           

                5.2 Type     

       5.2.1 Introduction           

       5.2.2 Peripheral Vascular Access Devices              

                       5.2.2.1 Midline Devices

                       5.2.2.2 Short Devices

                       5.2.2.3 Butterfly/Winged Steel Needles

       5.2.3 Central Vascular Access Devices    

                       5.2.3.1 Peripherally Inserted Central Catheters (PICC)

                       5.2.3.2 Tunneled Catheters

                       5.2.3.3 Non-Tunneleders Catheters

                       5.2.3.4 Implanted Ports

       5.2.4 Accessories             

       5.2.5 Y-o-Y Growth Analysis, By Type     

       5.2.6 Market Attractiveness Analysis, By Type   

       5.2.7 Market Share Analysis, By Type     

                5.3 Application                 

       5.3.1 Introduction           

       5.3.2 Drug Administration            

       5.3.3 Fluid & Nutrition Administration    

       5.3.4 Blood Transfusion Diagnostics Testing          

       5.3.5 Y-o-Y Growth Analysis, By Application         

       5.3.6 Market Attractiveness Analysis, By Application       

       5.3.7 Market Share Analysis, By Application        

6. Geographical Analysis                     

                6.1 Introduction      

       6.1.1 Regional Trends    

       6.1.2 Impact Analysis     

       6.1.3 Y-o-Y Growth Analysis        

                       6.1.3.1 By Geographical Area

                       6.1.3.2 By End Users

                       6.1.3.3 By Type

                       6.1.3.4 By Application

       6.1.4 Market Attractiveness Analysis      

                       6.1.4.1 By Geographical Area

                       6.1.4.2 By End Users

                       6.1.4.3 By Type

                       6.1.4.4 By Application

       6.1.5 Market Share Analysis       

                       6.1.5.1 By Geographical Area

                       6.1.5.2 By End Users

                       6.1.5.3 By Type

                       6.1.5.4 By Application

                6.2 North America

       6.2.1 Introduction           

       6.2.2 United States         

       6.2.3 Canada     

                6.3 Europe                         

       6.3.1 Introduction           

       6.3.2 U.K             

       6.3.3 Spain         

       6.3.4 Germany 

       6.3.5 Italy            

       6.3.6 France       

                6.4 Asia-Pacific                 

       6.4.1 Introduction           

       6.4.2 China         

       6.4.3 India          

       6.4.4 Japan         

       6.4.5 Australia   

       6.4.6 South Korea           

                6.5 Latin America    

       6.5.1 Introduction           

       6.5.2 Brazil          

       6.5.3 Argentina

       6.5.4 Mexico     

       6.5.5 Rest of Latin America          

                6.6 Middle East & Africa      

       6.6.1 Introduction           

       6.6.2 Middle-East            

       6.6.3 Africa         

7. Strategic Analysis              

                7.1 PESTLE analysis

       7.1.1 Political     

       7.1.2 Economic 

                                     7.1.3 Social         

       7.1.4 Technological         

       7.1.5 Legal          

       7.1.6 Environmental       

                7.2 Porter’s five analysis     

       7.2.1 Bargaining Power of Suppliers        

       7.2.2 Bargaining Power of Consumers    

       7.2.3 Threat of New Entrants     

       7.2.4 Threat of Substitute Products and Services              

       7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis               

                8.1 Becton Dickinson and Company                        

       8.1.1 Overview 

       8.1.2 Product Analysis   

       8.1.3 Financial analysis  

       8.1.4 Recent Developments       

       8.1.5 SWOT analysis       

       8.1.6 Analyst View          

                8.2 C.R.Bard Inc                

                8.3 Smiths Medical Inc.                 

                8.4 Teleflex Incorporated   

                8.5 B Braun Melsungen Ag 

                8.6 AngioDynamics

                8.7 Terumo Corporation      

                8.8 Nipro Medical Corporation                  

                8.9 Edwards Lifesciences Corporation                    

                8.10 Romsons Scientific & Surgical Pvt. Ltd  

9. Competitive Landscape                  

                9.1 Market share analysis   

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures

                9.4 New Product Launches

10. Market Outlook and Investment Opportunities                

Appendix                  

                a) List of Tables                

                b) List of Figures     

  1. Global Vascular Access Devices  Market By Region, From 2022 - 2027 ( USD Billion )
  2. Global Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  3. Global Peripheral Market By Region, From 2022 - 2027 ( USD Billion )
  4. Global Central Market By Region, From 2022 - 2027 ( USD Billion )
  5. Global Accessories Market By Region, From 2022 - 2027 ( USD Billion )
  6. Global Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  7. Global Drug Administration Market By Region, From 2022 - 2027 ( USD Billion )
  8. Global Fluid & Nutrition Administration Market By Region, From 2022 - 2027 ( USD Billion )
  9. Global Blood Transfusion Market By Region, From 2022 - 2027 ( USD Billion )
  10. Global  Diagnostics Testing Market By Region, From 2022 - 2027 ( USD Billion )
  11. Global Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  12. Global Hospitals Market By Region, From 2022 - 2027 ( USD Billion )
  13. Global Clinics and Ambulatory Care Centers Market By Region, From 2022 - 2027 ( USD Billion )
  14. Global Other End Users Market By Region, From 2022 - 2027 ( USD Billion )
  15. North America Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  16. North America Peripheral Market By Region, From 2022 - 2027 ( USD Billion )
  17. North America Central Market By Region, From 2022 - 2027 ( USD Billion )
  18. North America Accessories Market By Region, From 2022 - 2027 ( USD Billion )
  19. North America Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  20. North America Drug Administration Market By Region, From 2022 - 2027 ( USD Billion )
  21. North America Fluid & Nutrition Administration Market By Region, From 2022 - 2027 ( USD Billion )
  22. North America Blood Transfusion Market By Region, From 2022 - 2027 ( USD Billion )
  23. North America  Diagnostics Testing Market By Region, From 2022 - 2027 ( USD Billion )
  24. North America Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  25. North America Hospitals Market By Region, From 2022 - 2027 ( USD Billion )
  26. North America Clinics and Ambulatory Care Centers Market By Region, From 2022 - 2027 ( USD Billion )
  27. North America Other End Users Market By Region, From 2022 - 2027 ( USD Billion )
  28. United States Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  29. United States Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  30. United States Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  31. Canada Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  32. Canada Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  33. Canada Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  34. Europe Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  35. Europe Peripheral Market By Region, From 2022 - 2027 ( USD Billion )
  36. Europe Central Market By Region, From 2022 - 2027 ( USD Billion )
  37. Europe Accessories Market By Region, From 2022 - 2027 ( USD Billion )
  38. Europe Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  39. Europe Drug Administration Market By Region, From 2022 - 2027 ( USD Billion )
  40. Europe Fluid & Nutrition Administration Market By Region, From 2022 - 2027 ( USD Billion )
  41. Europe Blood Transfusion Market By Region, From 2022 - 2027 ( USD Billion )
  42. Europe  Diagnostics Testing Market By Region, From 2022 - 2027 ( USD Billion )
  43. Europe Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  44. Europe Hospitals Market By Region, From 2022 - 2027 ( USD Billion )
  45. Europe Clinics and Ambulatory Care Centers Market By Region, From 2022 - 2027 ( USD Billion )
  46. Europe Other End Users Market By Region, From 2022 - 2027 ( USD Billion )
  47. U.K. Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  48. U.K. Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  49. U.K. Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  50. Germany Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  51. Germany Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  52. Germany Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  53. France Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  54. France Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  55. France Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  56. Italy Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  57. Italy Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  58. Italy Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  59. Spain Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  60. Spain Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  61. Spain Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  62. Asia Pacific Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  63. Asia Pacific Peripheral Market By Region, From 2022 - 2027 ( USD Billion )
  64. Asia Pacific Central Market By Region, From 2022 - 2027 ( USD Billion )
  65. Asia Pacific Accessories Market By Region, From 2022 - 2027 ( USD Billion )
  66. Asia Pacific Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  67. Asia Pacific Drug Administration Market By Region, From 2022 - 2027 ( USD Billion )
  68. Asia Pacific Fluid & Nutrition Administration Market By Region, From 2022 - 2027 ( USD Billion )
  69. Asia Pacific Blood Transfusion Market By Region, From 2022 - 2027 ( USD Billion )
  70. Asia Pacific  Diagnostics Testing Market By Region, From 2022 - 2027 ( USD Billion )
  71. Asia Pacific Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  72. Asia Pacific Hospitals Market By Region, From 2022 - 2027 ( USD Billion )
  73. Asia Pacific Clinics and Ambulatory Care Centers Market By Region, From 2022 - 2027 ( USD Billion )
  74. Asia Pacific Other End Users Market By Region, From 2022 - 2027 ( USD Billion )
  75. Japan Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  76. Japan Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  77. Japan Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  78. China Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  79. China Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  80. China Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  81. India Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  82. India Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  83. India Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  84. Australia Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  85. Australia Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  86. Australia Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  87. South Korea Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  88. South Korea Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  89. South Korea Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  90. Latin America Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  91. Latin America Peripheral Market By Region, From 2022 - 2027 ( USD Billion )
  92. Latin America Central Market By Region, From 2022 - 2027 ( USD Billion )
  93. Latin America Accessories Market By Region, From 2022 - 2027 ( USD Billion )
  94. Latin America Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  95. Latin America Drug Administration Market By Region, From 2022 - 2027 ( USD Billion )
  96. Latin America Fluid & Nutrition Administration Market By Region, From 2022 - 2027 ( USD Billion )
  97. Latin America Blood Transfusion Market By Region, From 2022 - 2027 ( USD Billion )
  98. Latin America  Diagnostics Testing Market By Region, From 2022 - 2027 ( USD Billion )
  99. Latin America Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  100. Latin America Hospitals Market By Region, From 2022 - 2027 ( USD Billion )
  101. Latin America Clinics and Ambulatory Care Centers Market By Region, From 2022 - 2027 ( USD Billion )
  102. Latin America Other End Users Market By Region, From 2022 - 2027 ( USD Billion )
  103. Brazil Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  104. Brazil Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  105. Brazil Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  106. Argentina Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  107. Argentina Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  108. Argentina Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  109. Mexico Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  110. Mexico Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  111. Mexico Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  112. Rest of Latin America Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  113. Rest of Latin America Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  114. Rest of Latin America Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  115. Middle East and Africa Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  116. Middle East and Africa Peripheral Market By Region, From 2022 - 2027 ( USD Billion )
  117. Middle East and Africa Central Market By Region, From 2022 - 2027 ( USD Billion )
  118. Middle East and Africa Accessories Market By Region, From 2022 - 2027 ( USD Billion )
  119. Middle East and Africa Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  120. Middle East and Africa Drug Administration Market By Region, From 2022 - 2027 ( USD Billion )
  121. Middle East and Africa Fluid & Nutrition Administration Market By Region, From 2022 - 2027 ( USD Billion )
  122. Middle East and Africa Blood Transfusion Market By Region, From 2022 - 2027 ( USD Billion )
  123. Middle East and Africa  Diagnostics Testing Market By Region, From 2022 - 2027 ( USD Billion )
  124. Middle East and Africa Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  125. Middle East and Africa Hospitals Market By Region, From 2022 - 2027 ( USD Billion )
  126. Middle East and Africa Clinics and Ambulatory Care Centers Market By Region, From 2022 - 2027 ( USD Billion )
  127. Middle East and Africa Other End Users Market By Region, From 2022 - 2027 ( USD Billion )
  128. Middle East Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  129. Middle East Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  130. Middle East Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )
  131. Africa Vascular Access Devices  Market By Type, From 2022 - 2027 ( USD Billion )
  132. Africa Vascular Access Devices  Market By Application, From 2022 - 2027 ( USD Billion )
  133. Africa Vascular Access Devices  Market By End Users, From 2022 - 2027 ( USD Billion )

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