PUBLISHER: The Business Research Company | PRODUCT CODE: 1695236
PUBLISHER: The Business Research Company | PRODUCT CODE: 1695236
Vascular Access Devices Global Market Report 2025
Vascular access devices (VADs) are medical instruments that facilitate entry to the bloodstream for multiple purposes, such as administering drugs, delivering fluids or blood products, and conducting diagnostic tests. These devices are employed to eliminate the necessity for frequent needle punctures in patients, offering increased convenience for both healthcare providers and patients.
The primary categories of vascular access devices exist are central vascular access devices and peripheral vascular access devices. Central vascular access devices are specialized medical tools designed to introduce catheters into larger veins, typically situated in proximity to the body's center. They find applications in drug administration, fluid and nutrition delivery, blood transfusions, and diagnostic testing across various end-users, including hospitals, clinics, ambulatory care centers, and others.
The vascular access device market research report is one of a series of new reports from The Business Research Company that provides vascular access device market statistics, including the vascular access device industry global market size, regional shares, competitors with vascular access device market share, detailed vascular access device market segments, market trends and opportunities, and any further data you may need to thrive in the vascular access device industry. This vascular access device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The vascular access devices market size has grown strongly in recent years. It will grow from $5.74 billion in 2024 to $6.16 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to rising chronic diseases, aging population, healthcare infrastructure growth, increasing surgical procedures, awareness and training.
The vascular access devices market size is expected to see strong growth in the next few years. It will grow to $7.96 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to advancements in material science, rise in ambulatory care, globalization of healthcare, telemedicine and remote, focus on infection control. Major trends in the forecast period include focus on infection prevention and antimicrobial technologies, surge in demand for specialty vascular access devices, emphasis on training and education for healthcare professionals, collaborative efforts for product development and market expansion.
The expected rise in lifestyle diseases is anticipated to drive the growth of the vascular access devices market. Lifestyle diseases, also known as non-communicable diseases (NCDs) or chronic diseases, result from unhealthy lifestyle choices rather than infectious agents. These conditions often require continuous treatment, making vascular access devices crucial for the safe and effective delivery of medications and therapies. For instance, as of September 2022, the World Health Organization reported that 74% of the 41 million global deaths caused by NCDs annually were due to cardiovascular diseases, cancer, chronic respiratory diseases, and diabetes. The increasing prevalence of lifestyle diseases is consequently fueling the expansion of the vascular access devices market.
The anticipated increase in the geriatric population is poised to drive the growth of the vascular access devices market in the coming years. The term 'geriatric population' refers to individuals who are elderly or advanced in age, typically aged 65 years and older. Vascular access devices (VADs) play a crucial role in providing essential medical care for the geriatric population by offering secure and reliable access to the bloodstream for the administration of medications, fluids, and nutritional support. For example, as reported by the World Health Organization in January 2023, the global population aged 65 years or above is projected to rise from 761 million in 2021 to 1.6 billion in 2050. Hence, the increasing geriatric population is a key factor propelling the growth of the vascular access devices market.
Major companies in the vascular access devices market are increasingly focusing on developing more efficient devices using advanced technologies such as TipTracker technology. This technology offers real-time visual navigation, tracing the catheter pathway on a color screen, and confirming final tip placement. For example, in May 2023, Teleflex Incorporated, a US-based medical device producer, introduced two devices, VPS Rhythm and DLX Device, incorporating TipTracker technology. This eliminates the need for confirmatory X-rays, streamlining the peripherally inserted central catheter (PICC) insertion process, ensuring enhanced PICC advancement into the superior vena cava (SVC). This launch enhances patient care, expands treatment options, improves efficiency, and contributes to medical advancements.
In January 2022, ICU Medical Inc., a US-based company specializing in the development, manufacturing, and distribution of medical devices, acquired Smiths Medical for $2.35 billion. This acquisition is intended to establish a leading company in infusion therapy, expand product offerings, improve supply chain stability, and support growth in various markets. Smiths Medical, also based in the US, offers a broad range of medical devices, including syringe and ambulatory infusion devices, vascular access products, and vital care solutions.
Major companies operating in the vascular access devices market report are Medtronic PLC, Siemens Healthineers, Fresenius Medical Care AG & Co. KGaA, Becton Dickinson and Company (BD), Baxter International Inc., Boston Scientific Corporation, Medline Industries LP, Terumo Corporation, Edwards Lifesciences Corp., B. Braun Melsungen AG, Teleflex Incorporated, ICU Medical Inc., Cook Medical, Merit Medical Systems Inc., Biotronik Inc., AngioDynamics Inc., Argon Medical Devices Inc., Nipro Medical Corporation, pfm medical ag, Amecath Medical Technologies, Romsons Group, Medical Components Inc., Access Vascular Inc., Newtech Medical Devices Pvt. Ltd., Vygon USA
North America was the largest region in the vascular access devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vascular access devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the vascular access devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The vascular access devices market consists of sales of peripheral intravenous (IV) catheters, implanted ports, infusion pumps, ultrasound and X-ray equipment, and catheter removal kits. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Vascular Access Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
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Table of Contents
1. Executive Summary
2. Vascular Access Devices Market Characteristics
3. Vascular Access Devices Market Trends And Strategies
4. Vascular Access Devices Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Vascular Access Devices Growth Analysis And Strategic Analysis Framework
- 5.1. Global Vascular Access Devices PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Vascular Access Devices Market Growth Rate Analysis
- 5.4. Global Vascular Access Devices Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Vascular Access Devices Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Vascular Access Devices Total Addressable Market (TAM)
6. Vascular Access Devices Market Segmentation
7. Vascular Access Devices Market Regional And Country Analysis
8. Asia-Pacific Vascular Access Devices Market
9. China Vascular Access Devices Market
10. India Vascular Access Devices Market
11. Japan Vascular Access Devices Market
12. Australia Vascular Access Devices Market
13. Indonesia Vascular Access Devices Market
14. South Korea Vascular Access Devices Market
15. Western Europe Vascular Access Devices Market
16. UK Vascular Access Devices Market
17. Germany Vascular Access Devices Market
18. France Vascular Access Devices Market
19. Italy Vascular Access Devices Market
20. Spain Vascular Access Devices Market
21. Eastern Europe Vascular Access Devices Market
22. Russia Vascular Access Devices Market
23. North America Vascular Access Devices Market
24. USA Vascular Access Devices Market
25. Canada Vascular Access Devices Market
26. South America Vascular Access Devices Market
27. Brazil Vascular Access Devices Market
28. Middle East Vascular Access Devices Market
29. Africa Vascular Access Devices Market
30. Vascular Access Devices Market Competitive Landscape And Company Profiles
31. Vascular Access Devices Market Other Major And Innovative Companies
32. Global Vascular Access Devices Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Vascular Access Devices Market
34. Recent Developments In The Vascular Access Devices Market
35. Vascular Access Devices Market High Potential Countries, Segments and Strategies
36. Appendix
