Vascular Access Devices Market Expected to Reach USD 6.44 Billion in 2028

Vascular Access Devices Market Expected to Reach USD 6.44 Billion in 2028

Raipur, 08 Dec. 2022 (GLOBE NEWSWIRE) — Stratview Research, a leader market research firm launched a report on Vascular Access Devices Market which provides in-depth analysis of market dynamics, current and emerging trends, industry forecasts and competitive landscape.

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How is the report useful?

The report has great utility for key decision makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.

Most importantly, the report analyzes the possible impact of COVID-19 on the market dynamics, which provides cushion against the uncertain business environment and helps streamline resources and investment decisions fruitfully.

What are the main market drivers?

According to the report, the Vascular Access Devices market is influenced by a host of factors, some of which are noted below:

  • Rapidly growing incidence of lifestyle-related diseases worldwide.
  • Technological developments in medical therapies.
  • Rising number of chemotherapy procedures due to soaring cancer cases worldwide.

The report also includes growth rate estimates based on the intensity of drivers and restraints and provides users with several graphical illustrations of key information.

Vascular Access Devices Market Segmentation:

Stratview Research has segmented the market in the following manner, which meets the market data needs of multiple stakeholders across the industry value chain.

  • by type of device,
  • by type of end use,
  • by region.

Vascular Access Devices Market Knowledge

Market trends by device type

The market has been categorized into central vascular access devices and peripheral vascular access devices. By virtue of these, the central vascular access devices segment held the largest market share in 2021 and is expected to grow at a considered CAGR during the forecast period. Central vascular access devices are widely used in chemotherapy as well as for the treatment of chronic cardiovascular and renal disorders, thereby enhancing the growth of the segment.

Which region offers the best opportunity and growth?

The North America market held a major market share in 2021 and is expected to grow at a healthy CAGR in the coming years. Rising healthcare expenditure, favorable reimbursement scenario, as well as growing number of product approvals are expected to drive the market growth in the region. In addition, an increase in the number of cancer cases and rising prevalence of cardiovascular diseases are further augmenting the regional market growth.

Impact of COVID-19 on the Vascular Access Devices Market

COVID-19 has brought an instant halt to many industries around the world. Lockdown norms in several countries quickly affected the global economy by affecting supply chain, production and market demand. The direct and indirect impacts of the pandemic have been integrated into this report.

To learn more about the impact of covid-19, get a free sample report here:

Who are the best market players?

After in-depth analysis of the market, the experts have listed down few key players and discussed the company profiles of the players below –

  • comics (US)
  • CRBard (USA)
  • Teleflex (USA)
  • Smiths Medical (USA)
  • B Braun (Germany)
  • Angiodynamics (USA)
  • Terumo (Japan)
  • Nipro (Japan)
  • Edwards (USA)
  • Amecath (USA)

What deliverables will you get in this report?

  • In-depth analysis of the Vascular Access Device market
  • Detailed market segmentation.
  • Analysis of the competitive landscape.
  • Historical, current and future market size analysis.
  • Industry trends, technologies and advancements.
  • Growth and operating strategies adopted by key players.
  • Potential segments/regions offering promising growth.
  • Geographical presence of the main players.

Related reports that might be helpful:

  1. Vascular Closure Devices Market
  2. Sternal Closure Systems Market

About Us –

Stratview Research is a global market research company that offers reliable market reports, market entry strategies, strategic growth advice, and more. Market experts compile high-quality market information to help users gain granular level clarity on current business trends and expected future developments. Stratview Research also offers report customization. Contact the analysts to customize the given report according to your priority/requirement.

Stratview Research has also launched “Compobsights”, an online portal that offers free thought leadership reports, white papers, market report summaries and more for the composites and related industries, worth $20,000 each year.

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