Vascular access device market

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Vascular Access Device MarketSet to Exceed 7.72
Billion By 2027 CAGR 7.7

• Vascular Access Device Market Share, Size,
  Trends, Industry Analysis Report, By Type
  (Central Vascular Access Devices, Peripheral
  Vascular Access Devices, Other Accessories) By
  Application (Fluid and Nutrition Administration,
  Drug Administration, Blood Transfusion, and
  Diagnostics Testing) By End User (Hospitals,
  Clinics, Ambulatory Surgical Centers, and Other
  End Users) By Regions Segment Forecast, 2020
  2027

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Vascular Access Device Market Estimate Forecast
to 2027
The global Vascular Access Device Market size is
expected to reach USD 7.72 billion by 2027
according to a new study by Polaris Market
Research. Devices that are used to access venous
irrespective of their location are known as
vascular access devices (VAD). The different
types of VADs include centrally inserted central
catheter (CICC), peripheral intravenous
catheters, and peripheral central catheter
(PICC), and other implanted venous ports. VADs
are inserted into peripheral or central vessels
for the administration of fluids, antibiotics,
parenteral nutrition, and blood sampling. The
selection VADs is extremely important in treating
any particular medical condition to reduce the
risk of catheter bound infections. Healthcare
practitioners should be aware of selecting VADs
with least number of the lumen and small French
size to minimize infections and thrombotic
complications. For instance, people suffering
with chronic kidney disorder seeking central
venous access should avoid placement PICC and
CICC to avoid the complication of venous stenosis
and deep vein thrombosis.
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Vascular Access Device Market Scope
By Type By Application By End-Use By Region Report Attributes
Central vascular access devices Peripherally inserted central catheters Tunneled catheters Non-tunneled catheters Implanted ports Peripheral vascular devices Midline catheters Midclavicular catheters Winged Steel needles Accessories Drug Administration Fluid and nutrition administration Blood transfusion Diagnostic and testing Hospitals Clinics Ambulatory Surgical centers Other end users North America Europe Asia Pacific Latin America Middle East Africa Historic year 2016-2018 Base year 2019 Forecast Year 2020-2027 Revenue (USD Billion)
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Vascular Access Device Market Estimate Forecast
to 2027
The factors responsible for the growth of global
market are rising cases of chronic kidney
disorder (CKD), increasing cases of PAD and CAD
among geriatrics, and preference of patients
towards minimal invasive surgeries is
contributing to the worldwide demand of vascular
devices. According to the statistics published by
Center for Disease Control and Prevention (CDC),
in 2019, more than 8.5 million U.S. citizens were
suffering with peripheral artery disease (PAD).
People with PAD are more susceptible to develop
coronary artery disease, which could ultimately
lead to strokes or cardiac arrhythmias. Market
participants such as Smiths Medical, Inc., Becton
Dickinson and Company, C.R. Bard, Inc., Teleflex
Incorporated, B. Braun Melsungen Ag, Bluegrass
Vascular Technologies, Edwards Lifesciences
Corporation, Angiodynamics Inc., Biomerics,
Terumo Corporation, Romsons Scientific Surgical
Pvt. Ltd, Nipro Medical Corporation, Ameco
Medical, and Prodi med are some of the key
players operating in the concerned market. These
players in the industry possess a significant
share in the global market. However, these
significant players face competition from local
manufacturers in several countries. They adopt
competitive pricing to consolidate their market
share. These vendors provide cost-effective
equipment with limited features and
functionalities.


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Vascular Access Device Market Share
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