Press release
Global Vascular Access Devices Market: Segment Snapshot and Table of Content (2016 - 2024)
Vascular Access Device Market: Peripheral Catheters to be Most Preferred Device through 2024, projects TMRThe global vascular access devices market is anticipated to expand at a CAGR of 6.0% from 2016 to 2024, rising from a value of US$5.1 bn in 2015 to US$8.6 bn by 2024. By volume, the market is projected to register a 5.4% CAGR during the forecast period.
The global protein expression technology market is segmented on the basis of expression system, product type, application, Route of Insertion and by End-users, Geography
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Based on product, the global vascular access devices market is segmented into peripheral catheters, which includes peripheral intravenous catheters (PIVC) and midline catheters and central catheters, which includes central venous catheters (CVC), peripherally inserted central catheters (PICC), implantable ports, and hemodialysis catheters. Among these, peripheral catheters segment is currently most profitable, gaining traction from its ease of administration, reduced duration of usage, low frequency of catheter-related complications, and cost effectiveness. The segment of central catheters is also projected for a healthy growth during the forecast period.
Application-wise, the global vascular access devices market has been categorized into administration of fluids and nutritional compounds, medication administration, diagnostic testing, and transfusion of blood products. Based on the route of insertion, the market has been bifurcated into subcutaneous and intravenous. End-users of vascular access devices are hospitals, clinics, diagnostic laboratories, and ambulatory surgery centers.
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Geographically, the report studies the opportunities available in the global vascular access devices market in the regions of North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Currently, North America is the most lucrative region, owing to rising prevalence of lifestyle inflicted diseases, growing cancer and diabetes cases, robust healthcare infrastructure in countries such the U.S. and Canada, and high adoptability rate of new technology. Asia Pacific, on other hand, is also projected to expand the demand consistently throughout the forecast period as emerging economies such as India, Japan, South Korea, China, and Malaysia are improving their healthcare facilities. This region resides nearly the half of world’s population and leading players of the market are investing in these countries to expand their product reach.
Summary of Table of Content
1 Preface
2 Assumptions and Research Methodology
3 Executive Summary
4 Market Overview
5 Market Dynamics
6 Vascular Access Devices Market Analysis, by Product Type
7 Vascular Access Devices Market Analysis, by Application
8 Vascular Access Devices Market Analysis, by Route of Insertion
9 Vascular Access Devices Market Analysis, by End Users
10 Vascular Access Devices Market Analysis, by Region
11 North America Vascular Access Devices Market Analysis
12 Europe Vascular Access Devices Market Analysis
13 Asia Pacific Vascular Access Devices Market Analysis
14 Latin America Vascular Access Devices Market Analysis
15 Middle East & Africa Vascular Access Devices Market Analysis
16 Company Profiles
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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