Australia Vascular Access Devices Market Size & Outlook
Australia vascular access devices market, 2018-2030 (US$M)
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Australia vascular access devices market highlights
- The Australia vascular access devices market generated a revenue of USD 85.4 million in 2023 and is expected to reach USD 147.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.1% 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.
Vascular access devices market data book summary
| Market revenue in 2023 | USD 85.4 million |
| Market revenue in 2030 | USD 147.1 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Short peripheral intravenous catheter (short pivcs) |
| Fastest growing segment | Short Peripheral Intravenous Catheter (Short PIVCs) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 4.5% of the global vascular access devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China vascular access devices market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 147.1 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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Australia 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 65.81% in 2024. Horizon Databook has segmented the Australia 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 Therapeutic Goods Administration (TGA) regulates medical devices in Australia. Medical devices and IVDs sold in Australia must be entered in the Australian Register of Therapeutic Goods (ARTG). Australia's categorization guidelines for medical devices are comparable to those in the EU.
Medical devices and IVDs fall under various categories. Medical devices are categorized into four classes class I, IIa, IIb, and III according to the risk they pose to the human body. According to the Australian Therapeutic Goods (Medical Devices) Regulations 2002, the country uses a classification system.
The process of registering medical devices in Australia is the subject of the first legitimate guidelines contained in the Australian Regulatory Guidelines for Medical Devices (ARGMD). Each medical device intended for marketing in Australia should be duly registered and listed in the ARTG, which is the national database containing information about TGA-approved medical devices.
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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 country-level data and insights on the Australia vascular access devices market, including forecasts for subscribers. This country databook contains high-level insights into Australia vascular access devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia vascular access devices market report size, by product type, 2018-2030 (US$M)
Australia Vascular Access Devices Market Share, 2024 & 2030 (US$M)
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