Asia Pacific Vascular Access Devices Market Size & Outlook
Asia Pacific vascular access devices market, 2018-2030 (US$M)
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Asia Pacific vascular access devices market highlights
- The Asia Pacific vascular access devices market generated a revenue of USD 423.9 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, short peripheral intravenous catheter (short pivcs) was the largest revenue generating product in 2023.
- Short Peripheral Intravenous Catheter (Short PIVCs) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 423.9 million |
| Market revenue in 2030 | USD 688.5 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Short peripheral intravenous catheter (short pivcs) |
| Fastest growing segment | Short Peripheral Intravenous Catheter (Short PIVCs) |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Short Peripheral Intravenous Catheter (Short PIVCs), Huber Needles, Midline Catheters, Peripherally Inserted Central Catheter (PICCs), Central Venous Catheter (CVCs), Dialysis Catheters, Implantable Ports |
| Key market players worldwide | Teleflex Inc, BD, B. Braun, Smiths Group PLC, Cook Medical, AngioDynamics Inc, Medtronic PLC, Terumo Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.5% of the global vascular access devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 688.5 million by 2030.
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Vascular Access Devices Market Scope
Vascular Access Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific vascular access devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vascular access devices market will help companies and investors design strategic landscapes.
Short peripheral intravenous catheter (short pivcs) was the largest segment with a revenue share of 66.78% in 2024. Horizon Databook has segmented the Asia Pacific vascular access devices market based on short peripheral intravenous catheter (short pivcs), huber needles, midline catheters, peripherally inserted central catheter (piccs), central venous catheter (cvcs), dialysis catheters, implantable ports covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific market is expected to grow at the fastest rate during the forecast period. The increase in R&D investments by international bodies such as the China Cardiovascular Association and the American College of Cardiology collaborating to advance cardiac care technologies is one of the reasons behind this.
Another key factor driving the market growth is the rising elderly population in Asia Pacific. According to the United Nations Economic and Social Commission for Asia and the Pacific, in 2023, approximately 697 million individuals aged 60 years or older live in this region, constituting approximately 60% of the global older population.
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Our clientele includes a mix of vascular access devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific vascular access devices market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific vascular access devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific vascular access devices market report size, by country, 2018-2030 (US$M)
Asia Pacific Vascular Access Devices Market Share, 2024 & 2030 (US$M)
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