Market Overview

The Global Vascular Access Devices Market was valued at USD 5,520.8 million in 2023 and is expected to reach USD 9,365.9 million by 2031 while growing at a CAGR of 6.8% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global vascular access devices market growth. Vascular access devices (VADs) are medical tools created to access the bloodstream for diverse medical purposes, enabling the delivery of fluids, medications, blood products, and the collection of blood samples. Essential in medical settings requiring frequent or prolonged intravenous treatments, VADs find application in hospitals, clinics, and home healthcare.

With the increase in the incidence of chronic diseases and rising surgical procedures, the vascular access devices market is poised for substantial growth in the coming years. Despite these favorable factors and the continuous growth in global healthcare spending, the market's expansion may encounter obstacles such as the persistent risk of infections and strict regulatory frameworks imposed by health authorities worldwide.

Furthermore, the global vascular access devices industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Device Type Analysis

The Global Vascular Access Devices Market is segmented among Central Vascular Access Devices, and Peripheral Vascular Access Devices, based on device type. In 2023, Central Vascular Access Devices accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Vascular Access Devices Market is segmented among Administration of Drugs, Administration of Fluid and Nutrition, Diagnostics and Testing, and Other Applications, based on application. In 2023, Administration of Drugs accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Vascular Access Devices Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2021, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are B. Braun Melsungen AG, Baxter International Inc., Becton, Dickinson and Company, Fresenius Medical Care AG & Co. KGaA, Medtronic Plc., Nipro Medical Corporation, Siemens Healthineers, Smiths Medical Inc. (ICU Medical), Teleflex Incorporated, and Terumo Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Vascular Access Devices Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Vascular Access Devices Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Vascular Access Devices Market Segmentation, By Device Type

• Global Vascular Access Devices Market Share Analysis, By Device Type

• Global Vascular Access Devices Market Growth Analysis, By Device Type

• Global Vascular Access Devices Market Trends, By Device Type

o Central Vascular Access Devices

Ø Peripherally Inserted Central Catheters

Ø Percutaneous Non-tunnelled Catheters

Ø Other Central Vascular Access Devices

o Peripheral Vascular Access Devices

Ø Peripheral Catheter

Ø Midline Catheter

Ø Other Peripheral Vascular Access Devices

6. Global Vascular Access Devices Market Segmentation, By Application

• Global Vascular Access Devices Market Share Analysis, By Application

• Global Vascular Access Devices Market Growth Analysis, By Application

• Global Vascular Access Devices Market Trends, By Application

o Administration of Drugs

o Administration of Fluid and Nutrition

o Diagnostics and Testing

o Other Applications

7. Global Vascular Access Devices Market Segmentation, By End User

• Global Vascular Access Devices Market Share Analysis, By End User

• Global Vascular Access Devices Market Growth Analysis, By End User

• Global Vascular Access Devices Market Trends, By End User

o Hospitals/Clinics

o Diagnostic Centers

o Others End User

8. Global Vascular Access Devices Market Segmentation, By Region

• Global Vascular Access Devices Market Share Analysis, By Region

• Global Vascular Access Devices Market Growth Analysis, By Region

• Global Vascular Access Devices Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• B. Braun Melsungen AG*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Baxter International Inc.

• Becton, Dickinson and Company

• Fresenius Medical Care AG & Co. KGaA

• Medtronic Plc.

• Nipro Medical Corporation

• Siemens Healthineers

• Smiths Medical Inc. (ICU Medical)

• Teleflex Incorporated

• Terumo Corporation

*Similar analysis will be provided for each company listed above.