Sep 9, 2021

- Rising popularity of vascular access devices due to their efficacy in diagnostics and therapeutics is expected to serve as a vital growth booster during the forecast period - Considerable prevalence of chronic disorders around the world to lead to steady growth of the vascular access devices market News provided by Share this article Share this article ALBANY, N.Y., Sept. 9, 2021 /PRNewswire/ -- Technological advancements and innovations are extrapolated to have a massive influence on the growth trajectory of the vascular access devices market during the forecast period of 2019-2027. In addition, launch of new products and collaborations with other companies are also estimated to offer considerable growth opportunities. Transparency Market Research (TMR) projects the global market for vascular access devices to expand at a CAGR of 5.8% during the forecast period. The global vascular access devices market was valued at US$ 6.1 Bn in 2018 and is prognosticated to reach US$ 10.14 Bn by 2027. Lifestyle diseases are increasing at a rapid pace around the world. Unhealthy lifestyle, changing food habits, lack of exercise, growing stress levels, etc. have resulted in the emergence of various lifestyle diseases such as blood pressure, obesity, and diabetes. Hospitalization related to these diseases has increased substantially over the years. Based on this aspect, the vascular access devices market is projected to observe promising growth in the near future. Strong expertise with attention to detail makes our market research reports stand apart, Request a Report Sample here - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2200 Key Findings of Report Steady Rise in Cancer Cases to Increase Demand for Central Nervous Catheters Along with lifestyle diseases, cancer cases are also rising steadily around the world. The growing cancer cases are propelling the demand for central nervous catheters. Before undergoing chemotherapy, doctors advise the use of central nervous catheters to avoid the leak of chemotherapy drugs outside the veins of a cancer patient, which may prove harmful. In addition, central nervous catheters can stay in the human body for a longer period. These factors increase the demand for central nervous catheters, which will ultimately have a positive impact on the growth structure of the vascular access devices market. Increase in Demand for Antimicrobial Coating, Drug-coated Catheters to Emerge as Vital Trend Catheters with drug coating or antimicrobial coatings reduce the infections and complications related to catheters. Thus, the demand for such catheters is expanding at a rapid pace, eventually adding value to the growth structure of the vascular access devices market. This factor presents immense growth opportunities. In addition, the Food and Drug Administration (FDA) is also providing speedy approvals for catheters with these coatings. Request for Analysis of COVID-19 Impact on Vascular Access Devices Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=2200 Use of Biocompatible Materials in Developing Catheters to Gain Considerable Traction The materials used for developing vascular access-based catheters play a pivotal role in the safety of the concerned patient. Using catheters made from materials such as polyurethanes can lead to the emergence of serious complications such as pulmonary embolism and thrombogenicity. Thus, manufacturers are focusing on using biocompatible materials for resisting protein absorption. The development of a peripherally inserted central venous catheter (PICC) with thromboresistant hydrogel material consisting of biocompatible polymers by Access Vascular, Inc. is a classic instance. TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough, ask for custom research here - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2200 Regional Landscape of Vascular Access Devices Market North America emerged as the largest growth-contributing region for the vascular access devices market in 2018, and is expected to maintain a dominating position during the forecast period. The growing incidences of vascular disorders and the rising geriatric population are the vital drivers of market in the region. Asia Pacific vascular access devices market is estimated to observe rapid growth between 2019 and 2027 due to the increasing presence of key players in Taiwan, India, and China. The growing focus on improving healthcare facilities will also prove to be a prominent factor fueling market growth. Some key players in the vascular access devices market are Baxter International, W. L. Gore & Associates, Inc., Cook Medical, Medtronic plc, Nipro Medical Corporation, B. Braun Melsungen AG, and Dickinson and Company. Purchase Premium Research Report on Vascular Access Devices Market - https://www.transparencymarketresearch.com/checkout.php?rep_id=2200&ltype=S The global vascular access devices market has been segmented as follows: Global Vascular Access Devices Market, by Product Peripheral Catheters Medication Administration Transfusion of Blood Products Subcutaneous Hospitals North America Rest of Middle East & Africa Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports  by Transparency Market Research:  Vessel Sealing Devices Market : Companies in the vessel sealing devices market are designing fine-tipped, dual-action jaws in tools that deliver precise dissection and quick sealing times with minimal thermal distribution around important structures. The vessel sealing devices market is projected to mature from a revenue of US$ 4.21 Bn in 2020 and surpass US$ 7.68 Bn by 2031. Venous Procedure Devices Market : The venous procedure devices market is estimated to reach US$ 3.4 Bn by the end of 2030. Innovations in peripheral vascular interventional guidewires are contributing toward market expansion. Companies in the venous procedure devices market are increasing their portfolio in custom and standard guidewires & components, including mandrels, coils, stylets, and cores. They are increasing efforts to team up with material experts to deliver optimum product performance. About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact