Global Vascular Access Devices Market 2017-2021

This market research study identifies AngioDynamics, B. Braun Melsungen, Cook, C. R. Bard, Medtronic, and Teleflex as the leading players in the global vascular access devices market. A comprehensive analysis of this market is also presented by product (central VADs and peripheral VADs), by end-user (hospitals, dialysis centers and home dialysis, clinics, and ASCs), and by geography (the Americas, APAC, and EMEA).

Global vascular access devices market forecast

Various organizations provide guidelines regarding the use and management of invasive devices to ensure the prevention and control of healthcare-associated infections. Technavio’s market research report identifies that the presence of safety guidelines and healthcare reforms favoring the adoption of vascular access devices (VAD) will be one of the primary growth drivers for the global vascular access devices market till 2021. The centers for disease control and prevention (CDC) introduced guidelines for the prevention of intravascular catheter-related infections in 2011. Similarly, the national health service (NHS) also introduced guidelines related to the prevention of infections related to peripheral venous catheters in 2016. The introduction of such guidelines will boost the demand for VADs since VADs meet the needs of patients who require short-term and long-term therapies and can also reduce the risk of infection. According to the vascular access devices industry analysis, this market will grow at a CAGR of close to 6% by 2021.

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The growing older population and rising prevalence of cancer in the Americas is resulting in an increased adoption of vascular access devices in the vascular access devices market. Various countries such as the US, Canada, and Brazil are increasingly contributing growth towards the market. Furthermore, the sales volume of VADs such as the port placement for chemotherapy will also increase among the oncology patients, especially the patients who are receiving chemotherapy. In addition, surgeons are also extensively using VADs to treat critically ill patients who are suffering from terminal and lung cancer.

Competitive landscape and key vendors

The vascular access devices market has the presence of global, regional, and local players. The vendors are increasingly competing against each other based on factors such as pricing and technology upgrades. With the increase in price wars, the level of competition among the players in this market space will intensify in the coming years.  

Key vendors in this market are 

• AngioDynamics
• B. Braun Melsungen
• Cook
• C. R. Bard
• Medtronic
• Teleflex

Other prominent vendors in the market include Amecath, Argon Medical Devices, BACTIGUARD, Baxter, BD, Biosensors International Group, Boston Scientific, CONMED, Edward Lifesciences, ENDOCOR, Foshan Special Medical, Guangdong Baihe Medical Technology, Intra special catheters, ISOMed, Jiangxi Sanxin Medtec, Kimal, Lepu Medical Technology (Beijing), Medical Components, Merit Medical Systems, NIPRO Medical, PLS Minimally Invasive Interventional Medical, PRODIMED, SCW MEDICATH, shenzhen Shunmei Medical, SILMAG, Smiths Medical, Terumo, TROGE MEDICAL, Xinxiang Tuoren Medical Devices, VOGT MEDICAL, Vygon, and ZOLL Medical.

Segmentation by product and analysis of the vascular access devices market

• Central vascular access device (VAD)
• Peripheral VADs

The need for central VADs is increasing due to the growing popularity of minimally invasive (MI) chemotherapy. will further drive the adoption of central VADs during the estimated period. Moreover, the rising prevalence of cancer and cardiovascular disorders and the frequent need for hospitalization of oncology patients, will also drive the growth of the vascular access systems market in this segment.

Segmentation by end-user and analysis of the vascular access devices market

• Hospitals
• Dialysis centers and home dialysis
• Clinics
• ASCs

The adoption of vascular access devices in hospitals is increasing because they engage closely with many suppliers, government organizations, reimbursement authorities. Based on the vascular access devices market outlook, the healthcare institution will be the major end-user to the vascular access systems market due to the rising utilization of short peripheral intravenous catheters (PIVC), peripherally inserted central catheters (PICC), and central venous catheter (CVC) devices to intravenously administer medications to patients.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global vascular access devices market?
• What are the key market trends impacting the growth of the global vascular access devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global vascular access devices market?
• What are the market opportunities and threats faced by the vendors in the global vascular access devices market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global vascular access devices market?

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