Top Factor Driving Vascular Access Devices Market Growth in 2025: Lifestyle Diseases Fueling Growth in the Vascular Access Devices Market

What combination of drivers is leading to accelerated growth in the vascular access devices market?
The escalating occurrence of diseases related to lifestyle is projected to spur the expansion of the vascular access devices market. Lifestyle diseases, typically identified as non-communicable diseases (NCDs) or chronic diseases, encompass a spectrum of health disorders predominantly triggered by detrimental lifestyle habits and practices rather than infectious diseases. The management of these diseases often necessitates consistent treatment and care, rendering vascular access devices crucial for the secure and productive administration of medications and therapies. For instance, the World Health Organization, a Switzerland-based international organization, reported in September 2022 that globally, there were 41 million deaths every year, accounting for 74% of the deaths induced by non-communicable diseases (NCDs) or chronic diseases. Cardiovascular diseases caused 17.9 million deaths, cancer led to 9.3 million deaths, chronic respiratory diseases were responsible for 4.1 million deaths, and diabetes claimed 2.0 million lives. Consequently, the escalating occurrence of lifestyle diseases augments the growth of the vascular access devices market.

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What is the projected compound annual growth rate (CAGR) of the vascular access devices market from 2025 to 2034, and what factors influence it?
The market size for vascular access devices has demonstrated substantial growth in the recent past. The projection indicates a rise from $5.74 billion in 2024 to $6.16 billion in 2025, translating to a compound annual growth rate (CAGR) of 7.2%. The past growth pattern is attributable to the increase in chronic diseases, an aging demographic, expansion in healthcare infrastructure, a surge in surgical procedures, and greater levels of awareness and training.

In the coming years, the vascular access devices market is anticipated to witness significant growth, with a projected worth of $7.96 billion by 2029, with a compound annual growth rate (CAGR) of 6.6%. This growth within the forecast period is largely due to advancements in material science, the increase in ambulatory care, the globalization of healthcare, the embrace of telemedicine and remote medical practices, and a focus on infection control. Key trends projected for this period include an emphasis on infection prevention and the use of antimicrobial technologies, an upsurge in demand for specialty vascular access devices, prioritizing training and education for healthcare professionals, and collaborations for product development and market expansion.

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How are the latest trends influencing the growth of the vascular access devices market?
Leading businesses in the vascular access devices sector are intensifying their efforts to design more effective devices utilizing progressive technologies such as TipTracker, in order to get ahead in the market. The technology of TipTracker facilitates real-time visual direction by tracing the catheter's path on a colored display and assisting in the verification of the final tip location. For instance, in May 2023, Teleflex Incorporated, a medical device manufacturer based in the US, introduced two new devices, the VPS Rhythm and the DLX Device, which incorporate the TipTracker technology. This new technology eradicates the necessity for extra confirmatory X-rays, thus making the process of peripherally inserted central catheter (PICC) insertion more efficient. Furthermore, it ensures better PICC progression into the superior vena cava (SVC), thereby ensuring successful insertion. The introduction of the VPS Rhythm and DLX Device aims to enhance patient care, broaden treatment choices, increase efficiency, and aid in medical developments.

What are the major segments of the vascular access devices market and their role in driving growth?
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

Subsegments:
1) By Central Vascular Access Devices: Central Venous Catheters (CVC), Peripherally Inserted Central Catheters (PICC), Implantable Ports
2) By Peripheral Vascular Access Devices: Peripheral IV Catheters, Midline Catheters, Butterfly Needles

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North America was the largest region in the vascular access devices market in 2024. 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.

Who are the key firms paving the way for growth in the vascular access devices market?
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

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What Is Covered In The Vascular Access Devices Global Market Report?

•Market Size Forecast: Examine the vascular access devices market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the vascular access devices market for a structured understanding.
•Key Players Overview: Analyze major players in the vascular access devices market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the vascular access devices market.
•Segment Contributions: Evaluate how different segments drive overall growth in the vascular access devices market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the vascular access devices market.
•Industry Challenges: Identify potential risks and obstacles affecting the vascular access devices market.
•Competitive Landscape: Review strategic developments in the vascular access devices market, including expansions, agreements, and new product launches.

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