Press release
Global Vascular Access Device Market Expected To Grow At CAGR Of 5.51% Between Years 2017 – 2022
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Vascular Access Device Market; By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, U.K, Germany, China, Japan, India, Mexico and Brazil).
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The segment of peripherally inserted central catheter has developed at a noteworthy rate since its institution in the medical industry. Amongst the regions, North America accounts for the largest regional share in the Global Vascular Access Device market in 2016. However, Asia Pacific is projected to progress at the highest rate, mainly driven by increase in per capita expenditure on healthcare coupled with growing medical tourism industry in countries such as China and India. In the recent years, medical device manufacturers such as C.R Bard, B. Braun Melsungen AG, Cook Medical Inc., Teleflex, Inc., Baxter International and Medtronic, Inc. amongst others, have dedicated themselves in developing vascular access devices that can provide low risk of infection & further complications as well as ensure maximum comfort to the patients.
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According to Azoth Analytics research report, Global Vascular Access Device Market: Analysis By Type, By Mode of Insertion, By Region, By Country: Opportunities and Forecast (2012-2022) - By Type (PICC, CVC, Implantable Ports, Others), By Mode of Insertion (Subcutaneous, Intravenous), global market is projected to display a modest growth represented by a CAGR of 5.51% during 2017 2022, chiefly driven by increasing number of patients with chronic diseases, rising geriatric population, rapidly growing medical tourism industry as well as increasing per capita expenditure on healthcare. The segment of peripherally inserted central catheter has developed at a noteworthy pace since its introduction in the market. Amongst the regions, North America accounts for the largest regional share in the Global Vascular Access Device market in 2016.
Nevertheless, Asia Pacific is projected to progress at the highest rate, mainly driven by increase in healthcare expenditure, growing prevalence of chronic ailments as well as ongoing developments in the medical infrastructures.
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The report titled, Global Vascular Access Device Market: Analysis By Type, By Mode of Insertion, By Region, By Country: Opportunities and Forecast (2012-2022) - By Type (PICC, CVC, Implantable Ports, Others), By Mode of Insertion (Subcutaneous, Intravenous) has covered and analysed the potential of Global Vascular Access Device Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global vascular access device market. Additionally, the report also highlights market entry strategies for various companies across the globe.
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Scope of the Report
Global Market (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Global Vascular Access Device Market, By Value
By Type - Peripherally Inserted Central Catheters (PICC), Central Venous Catheters (CVC), Implantable Ports, Others
By Mode of Insertion Subcutaneous, Intravenous
Regional Markets North America, Europe, APAC, and Rest of the World (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Vascular Access Device Market, By Value
By Type - Peripherally Inserted Central Catheters (PICC), Central Venous Catheters (CVC), Implantable Ports, Others
By Mode of Insertion Subcutaneous, Intravenous
Country Analysis - US, Canada, U.K, Germany, China, Japan, India, Mexico and Brazil (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Vascular Access Device Market, By Value
By Type - Peripherally Inserted Central Catheters (PICC), Central Venous Catheters (CVC), Implantable Ports, Others
By Mode of Insertion Subcutaneous, Intravenous
Other Report Highlights
Market Dynamics Drivers and Challenges
Market Trends
SWOT Analysis
Porter Five Force Analysis
Supply Chain Analysis
Competitive Landscape
Product Benchmarking of Key Industry Players developing Vascular Access Devices
Company Share Analysis
Recent Approvals of Key Industry Players
Mergers and Acquisitions
Pricing Analysis
Policy and Regulatory Landscape
Company Analysis - BD Medical Technology, C.R Bard, Medtronic, Inc., Argon Medical Devices, Fresenius Medical Care, Medcomp, Baxter International, Cook Medical Inc., B.Braun Melsungen AG, Teleflex, Inc.
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Top Key Player:-
Abbott Laboratories
Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
Volcano Corporation
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