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The vascular access systems market was valued at US$4.213 billion in 2017 and is projected to expand at a CAGR of 6.20% over the forecast period to reach US$6.044 billion by 2023. High infection risk associated with vascular access devices and stringent government approval regulations restrains the growth of vascular access systems market.
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Vascular Access System Market Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The vascular access systems market was valued at US$4.213 billion in 2017 and is projected to expand at a CAGR of 6.20% over the forecast period to reach US$6.044 billion by 2023. Venous or arterial access is obtained through vascular access systems. The procedure involves placing rigid plastic tubes into blood vessels such as the basilic vein and subclavian vein to perform diagnostic tests and treatments such as chemotherapy, intravenous antibiotic treatment, and intravenous feeding. It includes blood sampling, blood transfusion, fluid infusion and central venous pressure readings. The blood is obtained from or delivered to a person’s blood stream over a continuous period through different vascular access devices such as cannulae, catheters, peripherals, and ports. The procedure relieves patients from the continuous stress of needles and offers a painless method to draw blood or provide medication.
Key Questions Answered By The Report • What will be Vascular Access System Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Vascular Access System Market? • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Vascular Access System Market are : • By Product • Peripherally Inserted Central Catheter (PICC) • Non-Tunneled Central Catheter • Tunneled Catheter • Port Catheter • By Application • Intravenous Antibiotic Treatment • Blood Transfusion • Long-Term IV Feeding • Chemotherapy • Others • By End User • Hospitals and Clinics • Ambulatory Surgical Centers • Catheterization Labs
Geography North America United States Canada Mexico Others South America Brazil Argentina Others Europe UK Germany France Italy Others
Geography Middle East and Africa Israel Saudi Arabia Israel Others Asia Pacific Japan China India Australia Others
COMPANY PROFILES • Edwards Lifesciences Corporation • C.R. Bard, Inc. • BD • Teleflex Incorporated • B.Braun Melsungen AG • Smiths Medical • Biomerics
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