Vascular Access Devices Market Share, Size, Growth Rate, Trends Analysis And Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Vascular Access Devices Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $7.48 billion In 2028 At A CAGR Of 6.8% :
The vascular access devices market size has grown strongly in recent years. It will grow from $5.3 billion in 2023 to $5.74 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to rising chronic diseases, aging population, healthcare infrastructure growth, increasing surgical procedures, awareness and training.

The vascular access devices market size is expected to see strong growth in the next few years. It will grow to $7.48 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to advancements in material science, rise in ambulatory care, globalization of healthcare, telemedicine and remote, focus on infection control. Major trends in the forecast period include focus on infection prevention and antimicrobial technologies, surge in demand for specialty vascular access devices, emphasis on training and education for healthcare professionals, collaborative efforts for product development and market expansion..

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=13554&type=smp

Vascular Access Devices Market Major Segments
The vascular access devices market covered in this report is segmented -
1) By Device Type: Central Vascular Access Devices, Peripheral Vascular Access Devices
2) By Application: Drug Administration, Fluid And Nutrition Administration, Blood Transfusion, Diagnostics And Testing
3) By End User: Hospitals, Clinics, Ambulatory Care Centers, Other End Users

Key Driver - Lifestyle Diseases Fueling Growth in the Vascular Access Devices Market

The growing prevalence of lifestyle diseases is expected to propel the growth of the vascular access devices market going forward. Lifestyle diseases, also known as non-communicable diseases (NCDs) or chronic diseases, are a group of health conditions that are primarily caused by unhealthy lifestyle choices and behaviors rather than infectious agents. These diseases often require ongoing treatment and care, making vascular access devices essential for the safe and effective delivery of medications and therapies. For instance, in September 2022, according to the World Health Organization, a Switzerland-based intergovernmental organization, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, the growing prevalence of lifestyle diseases is driving the growth of the vascular access devices market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=13554&type=smp

Prominent Trend - Innovative Vascular Access Devices Revolutionize Care with TipTracker Technology

Major companies operating in the vascular access devices market are increasing their focus on developing more efficient devices using advanced technologies such as TipTracker technology to gain a competitive edge in the market. The TipTracker Technology provides real-time visual navigation, tracing the catheter pathway on a color screen, and helps confirm final tip placement. For instance, in May 2023, Teleflex Incorporated, a US-based producer of medical devices, launched two new devices VPS Rhythm and DLX Device. This incorporates TipTracker technology, which eliminates the need for confirmatory X-rays, streamlining the peripherally inserted central catheter (PICC) insertion process. Additionally, this ensures enhanced PICC advancement into the superior vena cava (SVC) for successful insertion. The launch of the VPS Rhythm and DLX Device adds value by improving patient care, expanding treatment options, enhancing efficiency, and contributing to medical advancements.

Vascular Access Devices Market Players
Major companies operating in the vascular access devices market report are Medtronic plc, Siemens Healthineers, Fresenius Medical Care AG & Co. KGaA, Becton Dickinson and Company (BD), Baxter International Inc., Boston Scientific Corporation, Medline Industries LP, Terumo Corporation, Edwards Lifesciences Corp., B. Braun Melsungen AG, Teleflex Incorporated, ICU Medical Inc., Cook Medical, Merit Medical Systems Inc., Biotronik Inc., AngioDynamics Inc., Argon Medical Devices Inc., Nipro Medical Corporation, pfm medical ag, Amecath Medical Technologies, Romsons Group, Medical Components Inc., Access Vascular Inc., Newtech Medical Devices Pvt. Ltd., Vygon USA

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/vascular-access-devices-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the vascular access devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vascular access devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Vascular Access Devices Market Report Structure
3. Vascular Access Devices Market Trends And Strategies
4. Vascular Access Devices Market - Macro Economic Scenario
5. Vascular Access Devices Market Size And Growth
…..
27. Vascular Access Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.