Vascular Access Devices Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Short Peripheral Intravenous Catheters, Midline Catheters, PICC, Central Catheter, Implantable Ports, and Accessories), Application (Drug Administration, Administration of Fluid and Nutrition, Transfusion of Blood Products, and Others), Route of Insertion (Subcutaneous and Intravenous), End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Others), and Geography
The vascular access devices market is expected to grow from US$ 5.62 billion in 2022 to US$ 10.29 billion by 2030; it is anticipated to record a CAGR of 7.9% from 2022 to 2030.
Vascular access devices are placed using a number of anatomic sites to access the superior or inferior vena cava: the internal jugular vein, subclavian vein, external jugular vein, and femoral vein. The growing market size is attributed to the increasing prevalence of chronic diseases and increasing chemotherapy procedures. In addition, strategic initiatives by companies to stay competitive in the market are fueling the market growth. Significant increase in AI-enabled robotic venous access devices will likely bring new vascular access devices market trends during the forecast period.
Growing Number of Chronic Diseases are Fueling the Vascular Access Devices Market Growth
Chronic disorders such as cardiovascular, gastrointestinal disorders, rheumatoid arthritis, and neurological disorders affect the overall quality of life. According to the World Health Organization (WHO), about 50% of the global population is estimated to suffer from at least one chronic disease. According to the “Worldwide Prevalence and Burden of Functional Gastrointestinal Disorders, Results of Rome Foundation Global Study,” a large-scale multinational study published in 2021, ~40% of 73,076 adults surveyed from 33 countries in the world were suffering from a functional gastrointestinal disorder (GFID). Age-related gastrointestinal problems are more common in the elderly population, aged 64 and above. Per the study titled “Gastrointestinal problem among Indian adults: Evidence from Longitudinal Aging Study in India”, published in 2022, self-reported gastrointestinal disorders prevalence was reported at ~18%. The study also mentions that varying rates of gastrointestinal problems have been observed across the world, ranging from 14% in Iran to 54% in some western countries. Cardiovascular diseases (CVDs), especially the cases associated with hectic lifestyles, are a significant cause of mortality globally. According to the International Diabetes Federation (IDF), 537 million people worldwide, aged 20–79, had diabetes in 2021, and the number is estimated to increase to 783 million by 2045. Additionally, diabetes was the cause of 6.7 million deaths worldwide in 2021.
Aging can cause a consistent loss of physiological integrity, resulting in a reduction in functionality and an increased risk of mortality. The degradation of body function is a key risk factor for contracting the majority of chronic diseases, including diabetes, CVD, and neurological diseases, among elderly patients. According to the WHO, by 2030, 1 in 6 people worldwide will be aged above 60 years. As per the same source, the population aged above 60 years will increase from 1 billion in 2020 to 1.4 billion in 2030. With the increasing prevalence of chronic disorders and growing geriatric population, the number of patients who require drugs and nutrition through their venous system is increasing. Hence, due to above mentioned factors there is increase in demand for vascular access devices.
The vascular access devices market, by product type, is segmented into short peripheral intravenous catheters, midline catheters, PICC (peripherally inserted central catheters), central catheter, implantable ports, and accessories. Central catheter is further divided into CICC (centrally inserted central catheter), FICC (femorally inserted central catheter), and others. In 2022, the short peripheral intravenous catheter segment held the largest vascular access devices market share and is expected to record the highest CAGR during 2022–2030.
Based on application, the market is segmented into drug administration, administration of fluid & nutrition, transfusion of blood products, and others. In 2022, the drug administration segment held the largest vascular access devices market share and is projected to record the highest CAGR during 2022–2030.
Based on route of insertion, the market is bifurcated into subcutaneous and intravenous. The intravenous segment held a larger share of the vascular access devices market in 2022 and is anticipated to record a higher CAGR during 2022–2030.
Based on end user, the market is divided into hospitals and clinics, ambulatory surgical center, and others. The vascular access devices market size for the hospitals and clinics segment is likely to surge during 2022–2030.
Based on geography, the vascular access devices market is segmented into North America (theUS, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). North America is the largest contributor to the growth of the global vascular access devices market. Asia Pacific is predicted to show the highest CAGR in the vascular access devices market during 2022–2030.
World Health Organization (WHO), Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA), and National Library of Medicine (NLM) are a few key primary and secondary sources referred to while preparing the report on the vascular access devices market.
Vascular access devices are placed using a number of anatomic sites to access the superior or inferior vena cava: the internal jugular vein, subclavian vein, external jugular vein, and femoral vein. The growing market size is attributed to the increasing prevalence of chronic diseases and increasing chemotherapy procedures. In addition, strategic initiatives by companies to stay competitive in the market are fueling the market growth. Significant increase in AI-enabled robotic venous access devices will likely bring new vascular access devices market trends during the forecast period.
Growing Number of Chronic Diseases are Fueling the Vascular Access Devices Market Growth
Chronic disorders such as cardiovascular, gastrointestinal disorders, rheumatoid arthritis, and neurological disorders affect the overall quality of life. According to the World Health Organization (WHO), about 50% of the global population is estimated to suffer from at least one chronic disease. According to the “Worldwide Prevalence and Burden of Functional Gastrointestinal Disorders, Results of Rome Foundation Global Study,” a large-scale multinational study published in 2021, ~40% of 73,076 adults surveyed from 33 countries in the world were suffering from a functional gastrointestinal disorder (GFID). Age-related gastrointestinal problems are more common in the elderly population, aged 64 and above. Per the study titled “Gastrointestinal problem among Indian adults: Evidence from Longitudinal Aging Study in India”, published in 2022, self-reported gastrointestinal disorders prevalence was reported at ~18%. The study also mentions that varying rates of gastrointestinal problems have been observed across the world, ranging from 14% in Iran to 54% in some western countries. Cardiovascular diseases (CVDs), especially the cases associated with hectic lifestyles, are a significant cause of mortality globally. According to the International Diabetes Federation (IDF), 537 million people worldwide, aged 20–79, had diabetes in 2021, and the number is estimated to increase to 783 million by 2045. Additionally, diabetes was the cause of 6.7 million deaths worldwide in 2021.
Aging can cause a consistent loss of physiological integrity, resulting in a reduction in functionality and an increased risk of mortality. The degradation of body function is a key risk factor for contracting the majority of chronic diseases, including diabetes, CVD, and neurological diseases, among elderly patients. According to the WHO, by 2030, 1 in 6 people worldwide will be aged above 60 years. As per the same source, the population aged above 60 years will increase from 1 billion in 2020 to 1.4 billion in 2030. With the increasing prevalence of chronic disorders and growing geriatric population, the number of patients who require drugs and nutrition through their venous system is increasing. Hence, due to above mentioned factors there is increase in demand for vascular access devices.
The vascular access devices market, by product type, is segmented into short peripheral intravenous catheters, midline catheters, PICC (peripherally inserted central catheters), central catheter, implantable ports, and accessories. Central catheter is further divided into CICC (centrally inserted central catheter), FICC (femorally inserted central catheter), and others. In 2022, the short peripheral intravenous catheter segment held the largest vascular access devices market share and is expected to record the highest CAGR during 2022–2030.
Based on application, the market is segmented into drug administration, administration of fluid & nutrition, transfusion of blood products, and others. In 2022, the drug administration segment held the largest vascular access devices market share and is projected to record the highest CAGR during 2022–2030.
Based on route of insertion, the market is bifurcated into subcutaneous and intravenous. The intravenous segment held a larger share of the vascular access devices market in 2022 and is anticipated to record a higher CAGR during 2022–2030.
Based on end user, the market is divided into hospitals and clinics, ambulatory surgical center, and others. The vascular access devices market size for the hospitals and clinics segment is likely to surge during 2022–2030.
Based on geography, the vascular access devices market is segmented into North America (theUS, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). North America is the largest contributor to the growth of the global vascular access devices market. Asia Pacific is predicted to show the highest CAGR in the vascular access devices market during 2022–2030.
World Health Organization (WHO), Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA), and National Library of Medicine (NLM) are a few key primary and secondary sources referred to while preparing the report on the vascular access devices market.
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. RESEARCH METHODOLOGY
4. VASCULAR ACCESS DEVICES MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. VASCULAR ACCESS DEVICES MARKET - KEY MARKET DYNAMICS
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. VASCULAR ACCESS DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1 Vascular Access Devices - Global Market Overview
6.2 Vascular Access Devices - Global Market and Forecast to 2030
7. VASCULAR ACCESS DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY TYPE, 2020-2030
7.1 Overview
7.2 Short Peripheral Intravenous Catheters
7.3 Midline Catheters
7.4 PICC
7.5 Central Catheters
7.5.1 Centrally Inserted central Catheters
7.5.2 Femoral Inserted Central Catheters
7.6 Implantable Ports
7.7 Accessories
8. VASCULAR ACCESS DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY APPLICATION, 2020-2030
8.1 Overview
8.2 Drug Administration
8.3 Blood Transfusion
8.4 Fluid and Nutrition Administration
8.5 Others
9. VASCULAR ACCESS DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY END USER, 2020-2030
9.1 Overview
9.2 Hospitals and Clinics
9.3 Ambulatory Surgical Centers
9.4 Others
10. VASCULAR ACCESS DEVICES MARKET - REVENUE ANALYSIS (USD MILLION), 2020-2030 – GEOGRAPHICAL ANALYSIS
10.1 North America
10.1.1 North America Vascular Access Devices Market Overview
10.1.2 North America Vascular Access Devices Market Revenue and Forecasts to 2030
10.1.3 North America Vascular Access Devices Market Revenue and Forecasts and Analysis - By Type
10.1.4 North America Vascular Access Devices Market Revenue and Forecasts and Analysis - By Application
10.1.5 North America Vascular Access Devices Market Revenue and Forecasts and Analysis - By End User
10.1.6 North America Vascular Access Devices Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 United States Vascular Access Devices Market
10.1.6.1.1 United States Vascular Access Devices Market, by Type
10.1.6.1.2 United States Vascular Access Devices Market, by Application
10.1.6.1.3 United States Vascular Access Devices Market, by End User
10.1.6.2 Canada Vascular Access Devices Market
10.1.6.2.1 Canada Vascular Access Devices Market, by Type
10.1.6.2.2 Canada Vascular Access Devices Market, by Application
10.1.6.2.3 Canada Vascular Access Devices Market, by End User
10.1.6.3 Mexico Vascular Access Devices Market
10.1.6.3.1 Mexico Vascular Access Devices Market, by Type
10.1.6.3.2 Mexico Vascular Access Devices Market, by Application
10.1.6.3.3 Mexico Vascular Access Devices Market, by End User
Note - Similar analysis would be provided for below mentioned regions/countries
10.2 Europe
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Rest of Europe
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Middle East and Africa
10.4.1 South Africa
10.4.2 Saudi Arabia
10.4.3 U.A.E
10.4.4 Rest of Middle East and Africa
10.5 South and Central America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South and Central America
11. INDUSTRY LANDSCAPE
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. COMPETITIVE LANDSCAPE
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration
13. VASCULAR ACCESS DEVICES MARKET - KEY COMPANY PROFILES
13.1 B Braun Melsungen AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
Note - Similar information would be provided for below list of companies
13.2 NIPRO Medical Corporation
13.3 Smiths Medical
13.4 Becton, Dickinson, and Company
13.5 Terumo Corporation
13.6 Teleflex Incorporated
13.7 Edwards Lifesciences Corporation
13.8 AngioDynamics
13.9 Ameco Medical
13.10 Vygon Ltd
14. APPENDIX
14.1 Glossary
14.2 About The Insight Partners
14.3 Market Intelligence Cloud
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. RESEARCH METHODOLOGY
4. VASCULAR ACCESS DEVICES MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. VASCULAR ACCESS DEVICES MARKET - KEY MARKET DYNAMICS
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. VASCULAR ACCESS DEVICES MARKET - GLOBAL MARKET ANALYSIS
6.1 Vascular Access Devices - Global Market Overview
6.2 Vascular Access Devices - Global Market and Forecast to 2030
7. VASCULAR ACCESS DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY TYPE, 2020-2030
7.1 Overview
7.2 Short Peripheral Intravenous Catheters
7.3 Midline Catheters
7.4 PICC
7.5 Central Catheters
7.5.1 Centrally Inserted central Catheters
7.5.2 Femoral Inserted Central Catheters
7.6 Implantable Ports
7.7 Accessories
8. VASCULAR ACCESS DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY APPLICATION, 2020-2030
8.1 Overview
8.2 Drug Administration
8.3 Blood Transfusion
8.4 Fluid and Nutrition Administration
8.5 Others
9. VASCULAR ACCESS DEVICES MARKET – REVENUE ANALYSIS (USD MILLION) – BY END USER, 2020-2030
9.1 Overview
9.2 Hospitals and Clinics
9.3 Ambulatory Surgical Centers
9.4 Others
10. VASCULAR ACCESS DEVICES MARKET - REVENUE ANALYSIS (USD MILLION), 2020-2030 – GEOGRAPHICAL ANALYSIS
10.1 North America
10.1.1 North America Vascular Access Devices Market Overview
10.1.2 North America Vascular Access Devices Market Revenue and Forecasts to 2030
10.1.3 North America Vascular Access Devices Market Revenue and Forecasts and Analysis - By Type
10.1.4 North America Vascular Access Devices Market Revenue and Forecasts and Analysis - By Application
10.1.5 North America Vascular Access Devices Market Revenue and Forecasts and Analysis - By End User
10.1.6 North America Vascular Access Devices Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 United States Vascular Access Devices Market
10.1.6.1.1 United States Vascular Access Devices Market, by Type
10.1.6.1.2 United States Vascular Access Devices Market, by Application
10.1.6.1.3 United States Vascular Access Devices Market, by End User
10.1.6.2 Canada Vascular Access Devices Market
10.1.6.2.1 Canada Vascular Access Devices Market, by Type
10.1.6.2.2 Canada Vascular Access Devices Market, by Application
10.1.6.2.3 Canada Vascular Access Devices Market, by End User
10.1.6.3 Mexico Vascular Access Devices Market
10.1.6.3.1 Mexico Vascular Access Devices Market, by Type
10.1.6.3.2 Mexico Vascular Access Devices Market, by Application
10.1.6.3.3 Mexico Vascular Access Devices Market, by End User
Note - Similar analysis would be provided for below mentioned regions/countries
10.2 Europe
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Rest of Europe
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Middle East and Africa
10.4.1 South Africa
10.4.2 Saudi Arabia
10.4.3 U.A.E
10.4.4 Rest of Middle East and Africa
10.5 South and Central America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South and Central America
11. INDUSTRY LANDSCAPE
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. COMPETITIVE LANDSCAPE
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration
13. VASCULAR ACCESS DEVICES MARKET - KEY COMPANY PROFILES
13.1 B Braun Melsungen AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
Note - Similar information would be provided for below list of companies
13.2 NIPRO Medical Corporation
13.3 Smiths Medical
13.4 Becton, Dickinson, and Company
13.5 Terumo Corporation
13.6 Teleflex Incorporated
13.7 Edwards Lifesciences Corporation
13.8 AngioDynamics
13.9 Ameco Medical
13.10 Vygon Ltd
14. APPENDIX
14.1 Glossary
14.2 About The Insight Partners
14.3 Market Intelligence Cloud
