Attractive Opportunities in Vascular Access Device Market as Technological Advancements in Medical Industry

 poonam falmari

The global vascular access device market is projected to grow from USD 3.87 Billion in 2017 to reach to USD 5.45 Billion by 2022 at a CAGR of 7.1%. Base year considered for the report is 2016.

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Vascular access devices include central vascular access devices, peripheral vascular access devices, and accessories.

The key factors driving the growth of this market include the growing prevalence of lifestyle diseases, an increase in the number of chemotherapy procedures and the increasing use of vascular access devices in pediatric patients.

Top Key Players in Vascular Access Devices Market

The major players in this market include Major players include Becton Dickinson and Company (U.S.), Smiths Medical, Inc. (U.K.), and C.R.Bard, Inc. (U.S.). Other players include Teleflex Incorporated (U.S.) B.Braun Melsungen Ag (Germany), Angiodynamics (U.S.), Terumo Corporation (Japan), Nipro Medical Corporation, Edwards Lifesciences Corporation (U.S.), Ameco Medical (Egypt), Romsons Scientific & Surgical Pvt. Ltd (India), and Prodi med (France).

Target Audience:

  • Vascular access device manufacturers and distributors
  • Interventional cardiology vascular device manufacturers
  • Research and consulting firms
  • Healthcare institutions (hospitals, medical schools, group practices, individual surgeons, and governing bodies)
  • Research institutes
  • Vendors/service providers
  • Niche companies manufacturing novel vascular access devices
  • Research and consulting firms

The geographic segments in this report include North America, Europe, Asia-Pacific, and RoW. Of these, the North American segment is expected to account for the largest share of the market in 2017. The large share of this segment can primarily be attributed to the high prevalence of cardiovascular diseases in the U.S.; an increase in the number of cancer cases; and an increase in research and clinical trials for vascular access devices

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Domain: Medical
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