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Implanted Venous Access Device Market Size 2024 to 2031.

04-14-2024 09:06 PM CET | Media & Telecommunications

Press release from: Report Prime

Implanted Venous Access Device Market Size 2024 to 2031.

Market Overview and Report Coverage

A KeyWord is a term used to describe an implanted venous access device, which is a medical device used to provide long-term access to the bloodstream for the delivery of medications, fluids, blood products, or for the collection of blood samples.
The Implanted Venous Access Device Market is expected to experience steady growth with a CAGR of 4.90% during the forecasted period. This growth is driven by the increasing prevalence of chronic diseases requiring long-term intravenous therapies, the rising demand for minimally invasive procedures, and the technological advancements in venous access devices.
Rapidly aging populations and the increasing number of patients undergoing chemotherapy, dialysis, and parenteral nutrition are also contributing to the growth of the market. Furthermore, the growing awareness among healthcare professionals about the benefits of implanted venous access devices in improving patient outcomes is fueling the market expansion.
Innovations in catheter design, materials, and coatings are boosting the adoption of implanted venous access devices, leading to improved patient comfort and reduced complications. Overall, the future outlook of the Implanted Venous Access Device Market appears promising, with continued advancements driving market growth and expanding opportunities for key market players.

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Market Segmentation
The Implanted Venous Access Device Market Analysis by types is segmented into:
• PICC
• Centrally Inserted Catheters (non-tunnelled and tunnelled)
• Implanted Ports
• Others

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The Implanted Venous Access Device market includes different types of devices used for intravenous therapy. This includes Peripherally Inserted Central Catheters (PICC), Centrally Inserted Catheters which can be non-tunnelled or tunnelled, Implanted Ports, and other types of devices. These devices provide long-term access to the bloodstream for medications, fluids, or blood products. Each type of device is used based on the patient's specific needs and treatment requirements. The market for these devices continues to grow as the demand for long-term intravenous access increases.

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The Implanted Venous Access Device Market Industry Research by Application is segmented into:
• Hospital
• Non-Hospital

Implanted Venous Access Devices are used in hospitals for long-term intravenous treatments such as chemotherapy, dialysis, and transfusions. They provide convenient and safe access to the patient's bloodstream for administering medications and fluids. In the non-hospital market, these devices are increasingly being used in outpatient settings and at-home care for patients requiring long-term intravenous therapy. They offer a cost-effective and efficient alternative to repeated needle sticks, reducing patient discomfort and healthcare costs.

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In terms of Region, the Implanted Venous Access Device Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Implanted Venous Access Device market?
The global implanted venous access device market is experiencing several emerging trends, including the increasing prevalence of chronic diseases, rising demand for minimally invasive procedures, growing adoption of personalized medicine, and advancements in technology. Additionally, there is a growing focus on improving patient outcomes and quality of life, leading to the development of innovative devices with enhanced features. Furthermore, the rising healthcare expenditure and awareness about the benefits of implanted venous access devices are expected to drive market growth in the coming years. Overall, these trends are shaping the future of the global implanted venous access device market.

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Major Market Players
Becton, Dickinson and Company (BD) is a global medical technology company that develops, manufactures, and sells a range of medical devices, instrument systems, and reagents. Founded in 1897, BD has a long history of innovation and has become a leader in the healthcare industry. The company's implanted venous access devices are used for long-term venous access for patients undergoing chemotherapy, dialysis, and other treatments. BD's implanted venous access devices are known for their quality, reliability, and ease of use.
C. R. Bard, Inc. is another key player in the implanted venous access device market. The company was founded in 1907 and has a strong presence in the medical device industry. C. R. Bard's implanted venous access devices are designed to provide reliable and long-term access for patients in need of repeated intravenous treatments. The company's products are known for their durability and ease of implantation.
According to a report by Market Research Future, the global implanted venous access device market is expected to reach a value of $1.5 billion by 2023, with a CAGR of 6.9% during the forecast period. Some of the other major players in the market include Smiths Medical, Inc., Teleflex Incorporated, and B. Braun Melsungen AG.
In terms of sales revenue, Becton, Dickinson and Company reported total revenues of $17.1 billion in 2020, while C. R. Bard, Inc. reported revenues of $3.7 billion in the same year. These figures highlight the significant market presence and financial performance of these companies in the implanted venous access device market.

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Email: sales@reportprime.com

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