Global Vascular Access Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Device Type;
Central Vascular Access Devices - Peripherally Inserted Central Catheters, Tunneled Catheters, Percutaneous Non-tunneled Catheters, Implanted Ports, and Others, Peripheral Vascular Access Devices - Peripheral Catheter, Midline Catheter, and Others.By Application;
Administration of Drugs, Administration of Fluid and Nutrition, Diagnotics & Testing, and Others.By End User;
Hospitals/Clinics, Diagnostic Centers, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Vascular Access Devices Market (USD Million), 2021 - 2031
In the year 2024, the Global Vascular Access Devices Market was valued at USD 5,060.88 million. The size of this market is expected to increase to USD 8,020.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.
The global vascular access devices market is witnessing steady growth, driven by a surge in chronic diseases and an aging population worldwide. Vascular access devices play a crucial role in delivering medications, fluids, and nutrients directly into the bloodstream, making them indispensable in various medical procedures. These devices encompass a wide range of products, including central venous catheters, peripherally inserted central catheters (PICCs), implantable ports, and dialysis catheters, among others. As healthcare systems strive to improve patient outcomes and streamline treatment processes, the demand for efficient and reliable vascular access devices continues to rise.
One of the key drivers fueling market growth is the increasing prevalence of chronic conditions such as cardiovascular diseases, cancer, and kidney failure. These conditions often require long-term intravenous therapy or frequent blood sampling, necessitating the use of vascular access devices. Additionally, the growing adoption of minimally invasive procedures and technological advancements in device design have enhanced patient comfort and reduced the risk of complications associated with vascular access, further propelling market expansion.
Rising healthcare expenditure, especially in developing regions, is contributing to the expansion of the vascular access devices market. Governments and healthcare organizations are investing in advanced medical technologies to improve patient care and enhance healthcare infrastructure. Furthermore, the escalating demand for vascular access devices in ambulatory surgical centers and home healthcare settings is creating lucrative opportunities for market players. However, challenges such as product recalls, stringent regulatory requirements, and the risk of bloodstream infections pose significant hurdles for manufacturers operating in this space. To maintain a competitive edge, companies are focusing on product innovation, strategic collaborations, and geographic expansion to capitalize on emerging market trends and address unmet medical needs.
Global Vascular Access Devices Market Recent Developments
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June 2023, Teleflex Incorporated (US) secured two group purchasing agreements with Premier, Inc. These agreements enable Premier members to benefit from special pricing and terms pre-negotiated for Teleflex's Central Venous and Arterial Vascular Access products.
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June 2022, Teleflex Incorporated launched the Arrow Pressure Injectable Midline Catheter in Australia and New Zealand. This catheter enhances the Midline portfolio, catering to the expanded needs of clinicians and aiming to improve patient safety.
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January 2022, ICU Medical, Inc. (US) completed its acquisition of Smiths Medical (US) from Smiths Group plc. Smiths Medical's product range includes syringe and ambulatory infusion devices, vascular access, and vital care products. The merger with ICU Medical's existing businesses creates a leading infusion therapy company with estimated pro forma combined revenues of approximately USD 2.5 billion.
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July 2021, Becton, Dickinson and Company (US) acquired Velano Vascular (US). Velano Vascular's needle-free technology allows for high-quality blood draws from existing peripheral intravenous catheter (PIVC) lines. This acquisition helps healthcare providers eliminate multiple needlesticks for blood sample collection, reducing patient pain and discomfort while delivering quality outcomes and increasing patient satisfaction.
Segment Analysis
The Global Vascular Access Devices Market is segmented by Device Type, Application, End User, and Geography, reflecting the diverse needs and preferences of healthcare systems worldwide. By Device Type, the market includes central venous catheters (CVCs), peripherally inserted central catheters (PICC lines), implantable ports, and dialysis catheters. CVCs and PICC lines are commonly used for long-term access in critical care settings, while implantable ports are often preferred for patients needing frequent treatments like chemotherapy. Dialysis catheters are specifically designed for patients with kidney failure, and their demand is growing with the rising prevalence of chronic kidney diseases. These devices are crucial for administering treatments, fluids, medications, and for blood sampling, driving the market's growth.
In terms of Application, the vascular access devices market is primarily driven by oncology, dialysis, and critical care applications. Oncology applications require long-term vascular access for chemotherapy treatments, which boosts demand for devices like implantable ports and CVCs. Dialysis treatments also require highly specialized vascular access devices, as chronic kidney disease continues to rise globally. Critical care units, which manage patients with severe conditions requiring constant fluid and medication administration, also represent a substantial segment for vascular access devices, particularly in intensive care units (ICUs) and emergency departments. As the demand for treatments across these applications grows, so does the need for reliable, safe, and efficient vascular access devices.
Geographically, the Global Vascular Access Devices Market shows significant regional disparities in adoption and growth trends. North America dominates the market, driven by advanced healthcare infrastructure, high rates of chronic diseases such as cancer and kidney disorders, and widespread use of vascular access devices in hospitals. The European market is also substantial, with increasing adoption of advanced vascular access solutions, especially in countries with aging populations such as Germany and France. The Asia-Pacific region is witnessing rapid growth, driven by improving healthcare infrastructure, rising chronic disease prevalence, and expanding access to medical technologies. Countries like India and China, with large patient populations, are seeing increased demand for vascular access devices, contributing to the market's expansion in this region. Latin America and the Middle East & Africa are emerging markets with growing healthcare needs, where access to vascular access devices is improving with the development of healthcare systems and increasing medical device availability.
Global Vascular Access Devices Segment Analysis
In this report, the Global Vascular Access Devices Market has been segmented by Device Type, Application, End User and Geography.
Global Vascular Access Devices Market, Segmentation by Device Type
The Global Vascular Access Devices Market has been segmented by Device Type into Central Vascular Access Devices - Peripherally Inserted Central Catheters, Tunneled Catheters, Percutaneous Non-tunneled Catheters, Implanted Ports, and Others, Peripheral Vascular Access Devices - Peripheral Catheter, Midline Catheter & Others.
Central vascular access devices encompass a range of catheters and devices designed for insertion into larger veins, typically located in the chest, neck, or groin area. These devices are crucial for patients requiring long-term intravenous therapy, frequent blood transfusions, or chemotherapy. CVADs offer advantages such as the ability to deliver medications or fluids rapidly and efficiently, as well as the capability to monitor central venous pressure. The types of CVADs include central venous catheters (CVCs), peripherally inserted central catheters (PICCs), implantable ports, and tunneled catheters. These devices are widely used in critical care settings, oncology units, and for patients undergoing complex medical treatments.
Peripheral vascular access devices are designed for insertion into smaller veins, typically located in the arms, hands, or legs. PVADs are commonly used for short-term intravenous therapy, such as administering medications, fluids, or blood products, and for accessing veins for diagnostic purposes. Examples of PVADs include peripheral intravenous catheters (PIVCs), midline catheters, and winged infusion sets (butterfly needles). These devices are simpler to insert compared to CVADs and are often utilized in emergency departments, outpatient clinics, and general medical wards.
Both CVADs and PVADs play critical roles in healthcare delivery, providing healthcare professionals with the means to administer essential therapies, monitor patients, and facilitate diagnostic procedures. The choice between central and peripheral access devices depends on various factors, including the patient's medical condition, treatment requirements, duration of therapy, and venous access availability. As the healthcare industry continues to evolve, innovations in vascular access devices are expected to further enhance patient outcomes, minimize complications, and streamline clinical workflows.
Global Vascular Access Devices Market, Segmentation by Application
The Global Vascular Access Devices Market has been segmented by Application into Administration of Drugs, Administration of Fluid and Nutrition, Diagnotics and Testing and Others.
One of the key segments within this market is the application of these devices in the administration of drugs. Vascular access devices play a crucial role in delivering medications directly into the bloodstream, ensuring rapid and efficient absorption. This application segment is expected to continue experiencing robust growth due to the rising demand for effective drug delivery systems and the growing number of patients requiring long-term medication therapy.
Another vital application of vascular access devices is in the administration of fluid and nutrition. These devices enable healthcare professionals to efficiently deliver fluids, nutrients, and electrolytes to patients who are unable to consume adequate amounts orally. This is particularly crucial in critically ill patients, those undergoing surgeries, or individuals with severe dehydration. As the global population ages and the incidence of chronic conditions increases, the demand for vascular access devices for fluid and nutrition administration is projected to escalate.
Vascular access devices find extensive use in diagnostics and testing procedures. These devices facilitate the collection of blood samples for laboratory analysis, allowing healthcare providers to monitor patients' health status, assess disease progression, and adjust treatment plans accordingly. With the growing emphasis on early disease detection and personalized medicine, the demand for vascular access devices for diagnostic purposes is anticipated to rise steadily.
Vascular access devices are also utilized in various other medical procedures and interventions. These may include blood transfusions, chemotherapy, hemodialysis, and parenteral nutrition, among others. The versatility and adaptability of these devices make them indispensable tools across a wide range of medical specialties and clinical settings. As healthcare systems worldwide strive to improve patient outcomes, enhance procedural efficiency, and minimize complications, the demand for advanced vascular access devices tailored to specific applications is expected to drive market expansion in the coming years.
Global Vascular Access Devices Market, Segmentation by End User
The Global Vascular Access Devices Market has been segmented by End User into Hospitals/Clinics, Diagnostic Centers and Others.
Hospitals and clinics represent the largest end user segment in the global vascular access devices market. The extensive use of vascular access devices in hospitals for various medical procedures such as infusion therapy, chemotherapy, and dialysis contributes to the substantial market share held by this segment. Additionally, the growing number of hospital admissions due to chronic diseases and surgical procedures further boosts the demand for vascular access devices in these settings.
Diagnostic centers also play a crucial role in driving market growth, particularly with the increasing emphasis on early disease detection and preventive healthcare. Vascular access devices are essential for diagnostic procedures such as contrast-enhanced imaging studies, angiography, and venous sampling. The expansion of diagnostic imaging services and the adoption of advanced medical technologies in diagnostic centers contribute to the rising demand for vascular access devices in this segment.
The others category in the end user segmentation includes ambulatory surgical centers, home healthcare settings, and emergency care units. These settings are witnessing a growing adoption of vascular access devices due to the rising trend of outpatient surgeries, home-based healthcare services, and emergency medical interventions. The convenience, safety, and efficacy offered by vascular access devices make them indispensable tools across various healthcare settings, driving their utilization in these diverse environments.
Global Vascular Access Devices Market, Segmentation by Geography
In this report, the Global Vascular Access Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Vascular Access Devices Market Share (%), by Geographical Region, 2024
The North America region holds a significant share in the global vascular access devices market. This dominance can be attributed to factors such as the presence of advanced healthcare infrastructure, high adoption rates of technologically advanced medical devices, and a large patient pool suffering from chronic diseases like cardiovascular disorders and cancer. Moreover, favorable reimbursement policies and government initiatives promoting healthcare advancements further bolster market growth in this region. The United States, in particular, stands out as a key contributor to market expansion due to its robust healthcare system and substantial investments in research and development.
In Europe, the vascular access devices market is also thriving, driven by factors such as increasing healthcare expenditure, rising prevalence of chronic diseases, and the presence of well-established medical device manufacturers. Countries like Germany, France, and the United Kingdom are at the forefront of market growth in this region, owing to their sophisticated healthcare infrastructure and high healthcare spending. Additionally, growing awareness among patients and healthcare professionals regarding the benefits of vascular access devices fuels market demand and innovation in Europe.
The Asia Pacific region represents a lucrative market opportunity for vascular access device manufacturers. Rapidly expanding healthcare infrastructure, growing medical tourism, and increasing healthcare expenditure in countries like China, India, and Japan drive market growth in this region. Moreover, the rising incidence of chronic diseases, coupled with a growing aging population, escalates the demand for vascular access devices for diagnosis and treatment purposes. However, market growth in Asia Pacific may be hindered by challenges such as stringent regulatory requirements and pricing pressures.
The Middle East and Africa (MEA) and Latin America regions are also witnessing steady growth in the vascular access devices market. In these regions, improving healthcare infrastructure, rising healthcare expenditure, and a growing focus on addressing the unmet medical needs of the population contribute to market expansion. Additionally, initiatives aimed at enhancing healthcare access and quality, along with increasing investments in healthcare technology, propel market growth in MEA and Latin America. However, market growth in these regions may be constrained by factors such as political instability, economic uncertainties, and limited access to healthcare services in remote areas.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Vascular Access Devices Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Aging population
- Technological advancements
- Rising prevalence of chronic diseases
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Increasing demand for minimally invasive procedures: The global vascular access devices market is experiencing significant growth, driven largely by the increasing demand for minimally invasive procedures. These devices play a crucial role in the management of various medical conditions, including chronic kidney disease, cancer, and cardiovascular diseases. With advancements in technology and a growing preference for less invasive treatment options among both patients and healthcare providers, the demand for vascular access devices is expected to continue rising.
Minimally invasive procedures offer several advantages over traditional surgical methods, including shorter recovery times, reduced risk of complications, and improved patient outcomes. Vascular access devices enable healthcare professionals to perform these procedures with greater precision and accuracy, allowing for more efficient delivery of medications, fluids, and other therapeutic agents directly into the bloodstream. As a result, patients can experience faster relief from symptoms and a better quality of life.
In addition to the increasing demand for minimally invasive procedures, factors such as the rising prevalence of chronic diseases, aging population, and technological advancements in vascular access devices are driving market growth. Manufacturers are investing in research and development to introduce innovative products that offer improved performance, safety, and patient comfort. Furthermore, initiatives aimed at expanding access to healthcare services in emerging markets are creating new opportunities for market expansion. Overall, the global vascular access devices market is poised for continued growth in the coming years, fueled by the growing demand for minimally invasive treatment options and advancements in medical technology.
Restraints
- Complications associated with device usage
- Stringent regulatory requirements
- High cost of devices
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Limited reimbursement policies: The global market for vascular access devices is significantly impacted by restricted reimbursement policies. These limitations pose challenges for both patients and healthcare providers, affecting the accessibility of essential vascular access devices. The constrained reimbursement policies create financial barriers for patients seeking these devices, potentially hindering their ability to receive necessary medical care. Additionally, healthcare facilities and providers face difficulties in obtaining adequate reimbursement for the costs associated with vascular access devices, leading to financial strain and potential limitations in the availability of these critical medical tools. Limited reimbursement policies have far-reaching implications for the vascular access devices market on a global scale. The restricted coverage for these devices restricts patient access, particularly for those with limited financial means. This can result in delayed or inadequate treatment, impacting patient outcomes and quality of life. Furthermore, healthcare providers may face challenges in offering optimal care due to financial constraints associated with the acquisition of vascular access devices. As a result, the market for these devices is influenced by the complex interplay between reimbursement policies, patient access, and healthcare provider capabilities. The impact of limited reimbursement policies on the global vascular access devices market underscores the need for comprehensive strategies to address these challenges. It is crucial to explore avenues for improving reimbursement mechanisms to ensure equitable access to essential vascular access devices. Moreover, collaboration between healthcare stakeholders, policymakers, and industry leaders is essential to develop sustainable solutions that mitigate the adverse effects of restricted reimbursement policies. By addressing these issues, the global market for vascular access devices can strive towards greater accessibility and improved patient care outcomes.
Opportunities
- Emerging markets
- Development of innovative products
- Growing awareness about vascular access
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Increasing healthcare expenditure: The global market for vascular access devices is witnessing significant growth, fueled in part by the rising healthcare expenditure worldwide. This surge in healthcare spending is contributing to the increased demand for vascular access devices, as healthcare facilities seek to enhance patient care and treatment outcomes. As a result, the market for vascular access devices is experiencing a notable upswing, driven by the imperative need for advanced medical devices and technologies to support the growing healthcare infrastructure.
The escalating healthcare expenditure across the globe is a key factor propelling the expansion of the vascular access devices market. With a greater focus on improving healthcare delivery and patient outcomes, healthcare providers are increasingly investing in advanced vascular access devices to ensure efficient and safe patient care. This heightened investment in healthcare infrastructure and medical technologies is creating lucrative opportunities for companies operating in the vascular access devices market, as they strive to meet the escalating demand for innovative and high-quality products.
The growing healthcare expenditure is fostering a favorable environment for the development and adoption of cutting-edge vascular access devices. As healthcare systems continue to evolve and expand, there is a growing need for sophisticated medical devices that can facilitate improved patient care and treatment. This has led to a surge in research and development activities aimed at introducing innovative vascular access devices to address the evolving requirements of healthcare facilities, further propelling the growth of the global market.
Competitive Landscape Analysis
Key players in Global Vascular Access Devices Market include:
- Becton Dickinson
- Boston Scientific Corporation
- Edwards Lifesciences Corporation
- Abbott
- Medtronic
- Teleflex
- AngioDynamics
- B. Braun Melsungen AG
- Smiths Medical
- Terumo Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Device Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Vascular Access Devices Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Aging population
- Technological advancements
- Rising prevalence of chronic diseases
- Increasing demand for minimally invasive procedures
- Restraints
- Complications associated with device usage
- Stringent regulatory requirements
- High cost of devices
- Limited reimbursement policies
- Opportunities
- Emerging markets
- Development of innovative products
- Growing awareness about vascular access
- Increasing healthcare expenditure
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Vascular Access Devices Market, By Device Type, 2021 - 2031 (USD Million)
- Central Vascular Access Devices
- Peripherally Inserted Central Catheters
- Tunneled Catheters
- Percutaneous Non-Tunneled Catheters
- Implanted Ports
- Others
- Peripheral Vascular Access Devices
- Peripheral Catheter
- Midline Catheter
- Others
- Central Vascular Access Devices
- Global Vascular Access Devices Market, By Application, 2021 - 2031 (USD Million)
- Administration of Drugs
- Administration of Fluid and Nutrition
- Diagnotics and Testing
- Others
- Global Vascular Access Devices Market, By End User, 2021 - 2031 (USD Million)
- Hospitals/Clinics
- Diagnostic Centers
- Others
- Global Vascular Access Devices Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Vascular Access Devices Market, By Device Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Becton Dickinson
- Boston Scientific Corporation
- Edwards Lifesciences Corporation
- Abbott
- Medtronic
- Teleflex
- AngioDynamics
- B. Braun Melsungen AG
- Smiths Medical
- Terumo Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market