Vascular Access Devices Market 2025 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034
Page: 215 | Report Code: LS250313 | Research Suite: Report (PDF) & Market Data (Excel)
The global vascular access devices market was estimated to
be USD 5.8 billion in 2023 and is projected to grow at a CAGR of 7.2% during
the forecast period. Increasing prevalence of chronic diseases such as cancer,
chronic kidney diseases, obesity, and diabetes is driving growth in the market.
Increased government support for better health infrastructure is driving the
demand in the market significantly. The increasing number of hospitals globally
is fueling the growth in the market significantly.
Technological advancements in vascular access devices are driving growth in the market significantly. Increasing geriatric population and rising government support are spurring the growth in the market significantly.
Growth
Drivers
The shift towards long-term treatments and home healthcare
solutions boosts demand for these devices. PICC is widely used for
chemotherapy, parenteral nutrition, and prolonged antibiotic therapy. An
increase in surgeries, trauma cases, and emergency care admissions fuels the
demand in the market. ICU and critical care unit expansion also fuels the
market growth.
Rising cases of malnutrition and digestive disorders
requiring intravenous nutrition support. The expanding pharmaceutical industry
is driving 4th generation drug administration. An increase in surgeries, trauma
cases, and home healthcare settings for IV therapy, dialysis, and chemotherapy
is driving growth in the market significantly. Minimally invasive insertion
technique improves patient outcomes. Antimicrobial-coated catheters are widely
used and are expected to grow the demand in the market.
Rising number of cancer patients are significantly
contributing to market growth, and medical tourism in different parts of the
world is also a key factor behind the growth. Increasing adoption of home
healthcare, and ambulatory care centers are driving growth in the market.
Segmentation
Vascular
Access Devices Product
·
Short Peripheral Intravenous Catheter
(Short PIVCs)
o Safety
o Standard/
Conventional
·
Huber Needles
o Safety
o Standard/
Conventional
·
Midline Catheters
o Standard
o Power-Injectable
·
Peripherally Inserted Central Catheter
(PICCs)
o Standard
o Power-Injectable
·
Central Venous Catheter (CVCs)
o Acute
o Tunneled
·
Dialysis Catheters
o Acute
o Tunneled
·
Implantable Ports
o Single-Lumen
o Dual-Lumen
Vascular
Access Devices End User
·
Hospitals
·
Ambulatory care centers
·
Other end users
By
Region
·
Asia Pacific
·
North America
·
Latin America
·
Middle East and Africa
·
Europe
Vascular
Access Devices Market End- Market
On the basis of the end-user, the vascular access market is segmented into hospitals, ambulatory care centers, and others. Hospitals are the leading segment in the vascular access devices end-user market because hospitals handle a large number of patient volumes, including those with chronic disease, trauma, and surgical needs, all requiring vascular access for nutrition, medications, and fluid.
Higher adoption of advanced vascular access
technologies is driving the growth in the market significantly. Hospitals have
patients suffering from chronic diseases like cancer and chronic kidney
diseases who often require long-term vascular access for chemotherapy,
dialysis, and drug infusion. Hospitals follow strict infection control
protocols, making them the preferred choice for VAD insertions over outpatient
settings.
Hospitals employ trained specialists for safe and efficient
VAD placements. Many governments and insurance providers cover hospital-based
treatments for patients needing vascular access, further driving hospital
preference. Ambulatory care centers play a crucial role in the vascular access
devices market due to lower procedure costs compared to hospitals, making them
attractive for patients and insurance providers. Growing demand for outpatient
procedures like vascular access procedures such as central catheters, midlines,
and implantable ports, reducing patients burden significantly.
Regional
Outlook
On the basis of the regions, the vascular access devices
market is segmented into 5 regions: Asia Pacific, Europe, North America, Latin
America, and the Middle East and Africa. North America is the leading segment
in the vascular access devices market due to advanced healthcare infrastructure
and the prevalence of chronic diseases. The region’s well-established
healthcare system facilitates the widespread adoption of medical technologies.
High prevalence of chronic diseases like cancer, chronic kidney diseases,
diabetes, and obesity is driving the growth in the market significantly.
The Asia Pacific region is the fastest-growing region due to
a rapidly growing population and increasing demand for better treatment. The
region has an increasing number of aging patients who are suffering from
diseases like cancer and chronic kidney diseases, which are driving growth in
the market. Governments in countries like India, China, and South Korea are
increasing investment in healthcare infrastructure, boosting market growth.
Countries like Thailand, India, and Malaysia are attracting medical tourists,
increasing demand for advanced medical procedures, including vascular access
devices, and driving the market towards significant success.
Increasing incidence of kidney failure and cancer is driving
growth in the market significantly. More healthcare professionals are receiving
training on vascular access techniques, improving adoption rates. Supportive
healthcare policies and regulatory approvals for new products are helping the
market growth. Presence of key players in the region is significantly driving
the market.
Europe is another big region in the vascular access devices market due to the high prevalence of chronic diseases. Well-established healthcare infrastructure and government reimbursement policies are the factors responsible for market growth significantly. Adoption of advanced technologies like ultrasound-guided catheter placements and an aging population requiring long-term vascular access for medication and nutrition are witnessing growth in the market. Germany, France, the UK, Italy, and Spain are major markets. Eastern European countries like Poland, Romania, and the Czech Republic are also witnessing moderate growth during the forecast period.
The rising number
of dialysis patients and the growing burden of infectious diseases are driving
the growth in the Middle East and Africa market significantly. Expanding the
private healthcare sector and the increasing number of patients suffering from
chronic diseases are the key factors behind the significant growth in the
market. South Africa is a key player due to its developed healthcare system.
Nigeria, Egypt, and Kenya are emerging markets but are facing big challenges as
well.
Key
Players
·
Becton Dickinson and Company
·
Nipro
·
Vygon
·
Angio,Dynamics, Inc.
·
Medical Components Inc.
·
Shanghai Puyi Medical Instruments Co.
Ltd.
·
Argon Medical Devices
·
B. Braun
·
Cook
·
Newtech Medical Devices Pvt. Ltd.
·
PolyMedicure
·
Guangdong Baihe Medical Technology Co.
Ltd.
·
PakuMed Medical Components GmbH
·
Healthline Medical Products
· Other Players