India Vascular Access Devices Market Size & Outlook
India vascular access devices market, 2018-2030 (US$M)
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India vascular access devices market highlights
- The India vascular access devices market generated a revenue of USD 46.9 million in 2023 and is expected to reach USD 75.8 million by 2030.
- The India market is expected to grow at a CAGR of 7.1% 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 46.9 million |
| Market revenue in 2030 | USD 75.8 million |
| Growth rate | 7.1% (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, India accounted for 2.5% 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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India 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 65.88% in 2024. Horizon Databook has segmented the India 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 Central Drugs Standard Control Organization (CDSCO), a division of the Directorate General of Health Services in the Ministry of Health & Family Welfare, is in charge of managing medical device registration in India. It is the National Regulatory Authority (NRA) of India.
All medical devices must either be registered or have an import license. These "Notified" device categories are required to submit Device Master Files (DMF) for each product and Plant Master Files (PMF) for each manufacturing location to obtain an import license.
The registration procedure for imported devices in India generally entails reevaluating their prior clearance using the same evidence and documents needed in the reference nation. It will be crucial for manufacturers to properly choose the comparison criteria and offer adequate proof of equivalency.
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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 India vascular access devices market, including forecasts for subscribers. This country databook contains high-level insights into India vascular access devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India vascular access devices market report size, by product type, 2018-2030 (US$M)
India Vascular Access Devices Market Share, 2024 & 2030 (US$M)
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