Vascular Access Devices | Market Insights | Europe | 2022
Over the forecast period, the European vascular access device market will grow at a modest rate. Although some segments will experience market contractions, this will be outweighed by rapid growth in the PICC segment, which is being driven by an increase in the number of nurses performing these procedures and the development of tip location techniques that make PICC placement easier. The growth will be supported by rising adoption of new technologies such as power-injectable devices, and devices with antimicrobial coatings. However, market revenues will be hindered to some extent by declining ASPs resulting from pricing pressures and increasing competition. Importantly, vascular access devices represent a key component of care for COVID-19 patients, and therefore the pandemic’s impact on procedures, unit sales, and revenues has been incorporated into market projections.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for vascular access devices in Europe, with market projections across an 11-year period.
