Canada Vascular Access Devices Market Size & Outlook
Canada vascular access devices market, 2017-2030 (US$M)
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Canada vascular access devices market highlights
- The Canada vascular access devices market generated a revenue of USD 196.9 million in 2023 and is expected to reach USD 284.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, short peripheral intravenous catheter (short pivcs) was the largest revenue generating product in 2023.
- Midline Catheters 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 196.9 million |
| Market revenue in 2030 | USD 284.4 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Short peripheral intravenous catheter (short pivcs) |
| Fastest growing segment | Midline Catheters |
| 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, Canada accounted for 10.5% 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 North America, U.S. vascular access devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 284.4 million by 2030.
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Vascular Access Devices Market Scope
Vascular Access Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 36.87% in 2023. Horizon Databook has segmented the Canada 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 2017 to 2030.
In Canada, the safety and efficacy of vascular access devices are regulated by Health Canada. According to the Medical Devices Regulations, these devices must be licensed before they can be sold in Canada. This means that the device must meet established safety and performance standards, as well as any applicable regulations, such as the Canada Consumer Product Safety Act.
In addition, these devices must meet the standards set out in the Canadian Standard Association (CSA) Standard C22.2 NO. 60601-1:14, which outlines the performance requirements for medical electrical equipment. This standard includes requirements for electrical safety, electromagnetic compatibility, and environmental conditions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada vascular access devices market, including forecasts for subscribers. This country databook contains high-level insights into Canada vascular access devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada vascular access devices market report size, by product, 2017-2030 (US$M)
Canada Vascular Access Devices Market Share, 2023 & 2030 (US$M)
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