Vascular Access Device Market Segmentation:
End-user Segment Analysis
The global vascular access device market is segmented and analyzed for demand and supply by end-user into hospitals, clinics, ambulatory care centers, and others. Amongst this end-user of the vascular access device, the hospital segment is estimated to gain the largest market share of about 56% in the year 2035. The growth of the segment can be attributed to the widening patient demographics owing to the increasing prevalence of various diseases as well as a surge in the number of hospital admissions worldwide. For instance, as per the 22nd edition of the AHA Hospital Statistics report published by the American Hospital Association (AHA), the total number of admissions was recorded as 33,356,853 in all the hospitals across the nation in 2021.
Application Segment Analysis
The global vascular access device market is also segmented and analyzed for demand and supply by application into the administration of drugs, administration of fluid & nutrition, transfusion of blood products, diagnostics & testing. Amongst these segments, the administration of drugs segment is expected to garner a significant share of around 46% in the year 2035. For patients treated with systematic anti-cancer treatment, the completely implanted ports (PORTs) are safe and more effective than Hickman. Consequently, the segment's growth is supported by the availability of a wide range of vessels for access and their effectiveness in comparison with other devices. The expanding number of healthcare centers as well as the growing number of patients admitted to hospitals owing to the rapid widespread of many concerning diseases and severe health conditions are anticipated to boost the segment growth of the segment in the upcoming years.
Our in-depth analysis of the global market includes the following segments:
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By Application |
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By End User |
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