Vascular Access Device Market to Post 5.51% CAGR through 2022, Expects Azoth Analytics in Its Topical Study Available at MarketPublishers.com10 Aug 2017 • by Natalie Aster
LONDON – The world’s market for vascular access devices is set to increase at a modest growth rate (a 5.51% CAGR) over 2017-2022, spurred majorly by the rising number of patients suffering from chronic diseases, the increasing geriatric population, robust uptake in the medical tourism sector and also escalating per capita expenditure on healthcare.
Today, North America grabs the biggest share of the world’s vascular access device market. However, the highest growth rates through 2022 are predicted to be registered in the APAC market for vascular access device; robust growth in this regional market will likely be attributed to the rising healthcare expenditures, expanding prevalence of chronic ailments and also continuous development of the medical infrastructure.
The peripherally inserted central catheter segment has developed at a noteworthy rate since the introduction of this product.
Some of the prominent companies engaged in the global vascular access device industry include B. Braun Melsungen AG, Baxter International, C.R Bard, Medtronic, Teleflex and Cook Medical.
The comprehensive research study “Global Vascular Access Device Market: Analysis By Type, By Mode of Insertion, By Region, By Country: Opportunities and Forecast (2012-2022)” created by Azoth Analytics offers an extensive research of the global market landscape, sheds light on the market dynamics with vital info on the key drivers and limiters, and also investigates the present scenario across the key regional markets. This study evaluates the market growth potential and identifies the most lucrative sectors, gives access to reliable statistics and information on the market size, shares and growth rates. It examines the major forces shaping the vascular access device market, discusses the current and emerging trends, identifies the major challenges and growth opportunities, and offers an all-round future outlook through 2022. Besides, this report comprises data on effective market entry strategies and gives valuable strategic recommendations.
Visit the Azoth Analytics page at MarketPublishers.com to find other in-demand research reports worked out by this publisher.