Vascular Access Device Market

The report "Vascular Access Devices Market by Type (Central (PICC, Tunneled, Non-Tunnled, Port (Conventional, Power)), Peripheral (Venous (PIVC, Midline), Arterial) Intraosseous Device), Route of Insertion (IV, SC, IO), Application, End User - Global Forecast to 2030", is valued at an estimated USD 5.99 billion in 2024. The size is projected to reach USD 9.05 billion by 2030, at a CAGR of 7.1%.

Browse 664 market data Tables and 64 Figures spread through 460 Pages and in-depth TOC on "Vascular Access Devices Market by Type (Central (PICC, Tunneled, Non-Tunnled, Port (Conventional, Power)), Peripheral (Venous (PIVC, Midline), Arterial) Intraosseous Device), Route of Insertion (IV, SC, IO), Application, End User - Global Forecast to 2030"
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The market for vascular access devices is fueled by the increasing prevalence of chronic diseases such as chronic kidney diseases, cancer, and among others. Additionally, the upsurging number of chemotherapy procedures is boosting the market for vascular access devices. However, the placement and maintences of vascular access devices and product recalls and failures are restraining the market growth during the forecast period. Additionally, the growing number of hospitals across the globe to pose as an opportunistic factor for the market growth. But the risk associated with the vascular access devices such as infection, catheter malposition, and nerve injury are challenging the growth of vascular access device market across the forecast period.

By type, peripheral vascular access device segment to grow at the fastest rate in the Vascular access device market across the forecast period.

Based on type, the Vascular access device market is segmented into central venous access device, peripheral vascular access device, intraosseous vascular access device and other. Among these, in 2023, the central venous access device segment accounts for the highest share in the Vascular access device market. While the peripheral vascular access device segment to grow at the fastest rate during forecast period. This segment is further divided into peripheral intravenous catheter, midline catheters, and butterfly/winged needles. Among these peripheral intravenous catheters to hold the largest market share in 2023. This is due to increasing number of hospitalizations, as the hospitalization increases the demand for peripheral vascular access device increases. The peripheral intravenous catheters are the most used devices for any intravenous treatment thus increasing the segmental growth during forecast period. As central venous device insertion can only done by skilled healthcare professionals but these peripheral vascular access devices does not require a very skilled healthcare professional thus increasing the adoption of these devices and contributing to the segmental growth.

By end user, Hospiatals & Clinics holds the largest share in the Vascular access device market in 2023.

Based on end user, the vascular access device market is segmented into hospitals, clinics & ambulatory care centers, and other end users. Among these hospitals are holding the largest share in vascular access device market in 2023, owing to increasing collaborations between government and hospitals for various disease awareness campaigns. Additionally, the increasing funding programs such as grants, and government initiative to build various hospitals is increasing the number of hospitals across the globe. Considering complications associated with insertion of the vascular access devices, skilled healthcare professionals are required. Thus most of the patients prefer undergoing these procedures in hospitals where these trained healthcare professionals and nurses are available. These are also equipped with the latest imaging techniques that helps in monitoring insertion of these devices, avoiding the improper insertion or any complications.

North America dominates the global Vascular access device market in 2023.

The vascular access device market is segmented into five major regional segments, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. The north America accounts for the largest market share of XX% in the vascular access device market in 2023. This is due to increasing prevalence of cardiovascular diseases, chronic kidney diseases, and among others. For instance, as per Center for diseases control and prevention (CDC) data published in October 2024, one person dies every thirty three seconds of cardiovascular diseases. This shows that there is increasing hospitalization for long-term therapy, thus leading to rising use of vascular access devices. Additionally, the huge presence of vascular access device manufacturing companies in the region is increasing the market growth in the region. These companies are investing heavily in research and developments thus providing technologically advanced vascular access devices across the region thus contributing to the regional growth.

Key Players

Prominent players in the Vascular access device market include, Becton, Dickinson and Company (US), Teleflex Incorporated (US), ICU Medical, Inc. (US), B. Braun SE (Germany), AngioDynamics, Inc. (US), Medtronic (Ireland), Merit Medical Systems Inc. (US), Terumo Corporation (Japan), Nipro Medical Corporation (Japan), Vygon (France), AMECATH (Egypt), Medical Components, Inc. (US), Health Line International Corporation (US), Cook Medical (US), and Access Vascular, Inc. (US).

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