Global Vascular Access Device Market: Analysis By Type, By Mode of Insertion, By Region, By Country: Opportunities and Forecast (2012-2022)

Date: 16 August 2017

The course of treatment of many chronic ailments such as cancer, kidney failure, cardiovascular diseases, genetic disorders etc., are subject to frequent and safe access to the venous system of patients. In the recent decade, growing incidences of such maladies have led to abundant research and development in vascular access solutions. A Vascular Access Device performs a number of different functions including safe delivery of drugs,solutions & other products. Moreover, it also enables the medical practitioner to periodically monitor the effects of treatment.

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)”, 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 ailments, rising geriatric population, increasing developments in medical infrastructure as well as growing healthcare expenditure.

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.

The implantable port has been gaining major traction as the next major development in medical diagnosis and therapy; however, there are certain challenges that have been restraining the growth in the market,including complex technology design and ascertaining the most suitable patient population to benefit from this technologically advanced medical device.Further, growing adoption of these devices amongst chronically ill paediatric patients is also anticipated to boost the global market in forecast period.In the recent years, medical device manufacturers such as C.R Bard, B. BraunMelsungen 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.

The report titled “Global Vascular Access Device Market: Analysis By Type, By Mode of Insertion, By Region, By Country: Opportunities and Forecast (2012-2022)” 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 ingestible sensors market. Additionally, the report also highlights market entry strategies for various companies across the globe.

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).