The Global Central Vascular Access Devices market is growing at a CAGR of 7%.during the forecast period (2022-2029).
Central venous access devices (CVAD), also referred to as venous access ports or catheters are thin, hollow, flexible tubes placed in large veins of patients to allow frequent access to threads in the bloodstream.
These devices are inserted either by surgeons or interventional radiologists with or without the use of general anesthesia.
Primary market drivers include the rise in acute and chronic diseases such as systemic infections as well as increasing the use of vascular access devices in pediatric patients.
However, the risk of catheter-related complications, the high costs involved in the placement and maintenance of these devices, the high rate of product recalls and failures will restrict the market growth.
Global Central Vascular Access Devices market report segments the market by type, by application, and by region.
Based on the type, the market is categorized into four major categories: Peripheral Inserted Central Catheter, Non-tunneled Catheters, Tunneled Catheters, and Implanted Ports.
Based on application, the market is segmented into Drug administration, Parenteral Nutrition, Chemotherapy, Blood transfusion, and Diagnostics & Testing.
Regionally, the market is segmented into five major regions, namely North America, South America, Europe, Asia Pacific, and RoW.
North America accounted for the largest market share in 2017.
It is expected to remain dominant throughout the forecast period owing to the increasing usage of CVADs.
There are over 5 million CVADs inserted every year in the US.
Peripheral Inserted Central Catheter
Diagnostics & Testing
Ambulatory Surgical Centre
Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)
Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)
North America (The USA, Canada, Mexico)
South America (Brazil, Argentina, Rest of South America)
Rest of the World
The report also profiles the following companies in the Central Vascular Access Devices market – AngioDynamics, B.Braun Medical, C.R. Bard, Teleflex, Vygon, and so on.
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