Vascular Access Devices Market Scope and Key Players Analysis by 2030
Vascular Access Devices Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 5.62 Billion |
Market Size by 2030 | US$ 10.29 Billion |
Global CAGR (2022 - 2030) | 7.9% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
The vascular access devices market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. According to the press releases published by the key market players, a few strategies are listed below:
- In November 2023, BD (Becton, Dickinson, and Company) launched new needle-free blood draw technology, which is compatible with integrated catheters, helping to enable the company's vision of a "One-Stick Hospital Stay." The PIVO Pro Needle-free Blood Collection Device features design improvements to achieve compatibility with integrated and long peripheral IV catheters, which include the new Nexiva Closed IV Catheter System with NearPort IV Access.
- In May 2023, Teleflex Inc. launched two new devices—Arrow VPS Rhythm DLX Device and NaviCurve Stylet—designed to enhance the PICC insertion procedures and reduce the chance of complications. The VPS Rhythm DLX Device provides real-time catheter tip location information by using the patient’s cardiac electrical activity. The NaviCurve Stylet features an anatomical curve and flexible tip that are designed to self-orient to patient anatomy for enhanced PICC advancement into the superior vena cava (SVC) for successful insertion.
Competitive Landscape and Key Companies:
Teleflex Inc, BD, B. Braun SE, Terumo Medical Corporation, Medtronic, Fresenius Kabi, Baxter, Vygon SAS, Kimal, and Access Vascular Inc are among the prominent players profiled in the vascular access devices market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. These companies focus on geographic expansions and new product launches to fulfill the growing demand from consumers across the world and increase their product range in specialty portfolios. Their global presence allows them to serve a large customer base, subsequently facilitating market expansion.