Vascular Access Device – On-Going Technological Innovations

Objectives of this Study

# To define, describe, and forecast the vascular access devices market by type, application, end user, and region

# To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)

# To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

# To analyze the opportunities for stakeholders and provide details of the competitive landscape for market leaders

# To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW)

# To profile the key players and analyze their market shares and core competencies

# To track and analyze competitive developments such as product launches, approval, agreements, collaborations, and acquisitions in the global market

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Target Audience for This Study:

# Vascular access device manufacturers and distributors
# Interventional cardiology vascular device manufacturers
# Research and consulting firms
# Healthcare institutions
# Research institutes
# Vendors/service providers
# Niche companies manufacturing novel vascular access devices
# Research and consulting firms

Factors Influencing Global Growth:-

Growth in this market can be attributed to factors such as the growing prevalence of lifestyle diseases, rising number of chemotherapy procedures and increasing use of vascular access devices in pediatric patients.

# High Costs Involved in the Placement and Maintenance of Vascular Access Devices
# Product Recalls and Failures

# Technological Advancements

# Shortage of Skilled Professionals
# Risks Associated With Vascular Access Devices

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global vascular access device market is projected to grow from USD 3.87 Billion in 2017 to reach to USD 5.45 Billion by 2022 at a CAGR of 7.1%. Base year considered for the report is 2016.

Geographical Growth Scenario:

North American segment is expected to account the largest share of the market in 2017. Market growth in this region is primarily driven by factors such as the high prevalence of cardiovascular diseases; increasing number of research studies and clinical trials for vascular access devices in the U.S.; and the increase in chemotherapy procedures. Moreover, the increasing number of cardiac arrest cases, an increase in the number of minimally invasive procedures and the increase in cancer incidences in Canada are other factors driving the growth of this market in this region.

Leading Market Players:

# Becton Dickinson and Company (U.S)
# C.R.Bard, Inc. (U.S.)
# Smiths Medical, Inc. (U.K.)
# Teleflex Incorporated (U.S.)
# B Braun Melsungen Ag (Germany)
# AngioDynamics (U.S.) and many more…

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