Over the five years to 2015, revenue for the Venous Access Device Manufacturing industry has been trending higher, bolstered by rising physician visits and increasing government and private spending on health. The rising number of physician visits can be attributed to favorable US demographics; the older the US population gets, the more likely they need to use industry products. In the coming years, the aging of the population will likely have the most significant effect on demand for medical supplies and instruments. This trend will result in higher overall public and private health expenditure in order to meet the needs of an older population.
This industry manufactures venous access devices, such as peripherally inserted central catheters (PICCs), central venous catheters (CVCs), dialysis catheters, implantable ports and catheter securement devices. Medical professionals use these devices to access a patient's bloodstream through the veins and deliver a variety of treatments including hydration, nutritional infusion, antibiotics, chemotherapy and dialysis.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.