Vascular Access Devices Market

LONDON, Jan. 8, 2018 /PRNewswire/ -- Vascular access devices are medical apparatus used to gain access to the blood stream to deliver medicine, nutritional compounds, administer fluids and collection of blood products and blood. These tubes are made by silicone, latex and other materials. Globally, development of efficient and advanced technology in the field of vascular access, rise in the awareness among people, increasing government initiatives across the globe, and growing incidences of kidney failure, diabetes, cancer and other diseases are the prime growth drivers of the vascular access devices market. In addition, an increase in adoption of vascular access devices in emerging economies such as China, India and others, will create new opportunities for the vascular access devices market. However, higher cost of research and development, complex government approval processes, risks associated with Catheter, and higher cost of vascular access devices are the key restraints for the vascular access devices market.

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Geographically, North America dominated the vascular access devices market, with approximately half of the world's procedures being done in the U.S. because of high medical reimbursement facilities, and technological advancement. Asia Pacific is projected to have the fastest growth, owing to a rapidly increasing population, rise in consumer awareness, favourable government policies, modernization of healthcare infrastructure, and growing medical tourism industry in developing nations such as China, and India in this region.

This report identifies the vascular access devices market size for the years 2014-2016, and forecast of the same till the year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to the vascular access devices market.

This report segments the vascular access devices market on the basis of type, route of insertion, application, end users, and regional market as follows:
Vascular Access Devices Market, By Type: Peripheral, PIV Catheters, Midline Catheters, Central, PICC, CVC, Dialysis Catheters, Implantable Ports, and Accessories
Vascular Access Devices Market, By Route of Insertion: Subcutaneous, and Intravenous
The report has focused study on vascular access devices market by basis of application such as: Medication Administration, Administration of Fluid and Nutrition, Transfusion of Blood Products, and Diagnostic Testing
The report has focused study on vascular access devices market by basis of end user such as: Hospitals, Clinics, Ambulatory Surgery Centres, and Diagnostic Centres
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region

This report identifies all the major companies operating in the vascular access devices market.

Some of the major companies' profiles in detail are as follows:
Becton
Dickinson and Company
Fresenius Medical Care
C. R. Bard
B. Braun Melsungen AG

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