Vascular Access Devices | Market Insights | US | 2023
The US vascular access device market is well-established and will grow marginally over the forecast period. Unit sales will be supported by steady growth in the underlying patient population undergoing medical procedures that require vascular access; however, the maturity of the vascular access device market has resulted in strong downward pressures on ASPs that will somewhat inhibit revenue expansion. Additionally, changes in the standard-of-practice will continue to drive a shift away from the use of PICCs to midline catheters, which will further restrict growth in aggregate ASPs given that midline catheters are less expensive than PICCs. Importantly, vascular access devices represent a key component of care in COVID-19 treatments; therefore, the pandemic has had both positive and negative impact on procedure and unit volumes in the vascular access device space.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for vascular access devices in the US from 2019 through 2031.
