Vascular Access Device Market report is a comprehensive overview of the market’s situation thoroughly examined and compiled by Stratview Research. This new report provides past progress, current market conditions, and a future prospect from the year 2021 to 2026. It also offers accurate overview of the growth strategies, market size, mergers & acquisitions, and upcoming products/services of leading key players in this market.
The report analyses the market thoroughly and collects data in order to offer reliable data to the users. The Vascular Access Device market is projected to grow from USD 3.9 billion in 2020 to USD 5.8 billion by 2026 at a CAGR of over 7.1% during the forecast period.
Market Segments' Analysis
According to Stratview Research, the Vascular Access Device Market is segmented By Device Type (Central Vascular Access Devices, Peripheral Vascular Access Devices), By End Use (Hospitals, Clinics and Ambulatory Care Centers), and Region.
Based on device type, the global vascular access device market has been classified into central vascular access devices and peripheral vascular access devices. Under these, the central vascular access devices segment held the largest market share in 2020 and is likely to grow at a considered CAGR during the forecast period. Central vascular access devices are being extensively used in chemotherapy as well as for the treatment of cardiovascular & chronic kidney disorders, thus bolstering the segment growth.
By region, the North American market held a significant market share in 2020 and is projected to grow at a healthy CAGR in the coming years. Rising healthcare expenditure, favorable reimbursement scenario, as well as a growing number of product approvals is likely to boost the market growth in the region. Also, a surge in the number of cancer cases and the growing prevalence of cardiovascular diseases further augments the regional market growth.
Top key vendors in the market:
The report mentions a list of key players in the Vascular Access Device Market. Some of them are mentioned below –
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