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Pharmaceutical

Venous Procedure Devices Market Globally Expected to Drive Growth through 2027

The global venous procedure devices market is projected to surpass US$ 3 billion valuation by 2031, expanding at a CAGR of around 6%, with demand for chest venous procedure devices and abdomen venous procedure devices being high. Venous procedure devices have experienced notable uptake for key cardiovascular procedures, with sales of drug-eluting stents and catheters acquiring central importance.

The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Venous Procedure Devices market and quantified with insightful rationale.

The Demand analysis of Venous Procedure Devices Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Venous Procedure Devices Market across the globe.

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Key Market Segments Covered

  • Product
    • Venous Stents
      • Drug-eluting Venous Stents
      • Non-drug Eluting Venous Stents
    • Venous Procedure Catheters
      • Central Venous Catheters
      • Subcutaneous (Implanted) Venous Port Catheters
      • Peripherally Inserted Central Venous Catheters (PICC)
    • Venous Procedure Guidewires
      • Standard Venous Procedure Guidewires
      • High Support Venous Procedure Guidewires
      • Flexible Venous Procedure Guidewires
      • Chronic Total Occlusion Venous Procedure Guidewires
    • Others
  • Application
    • Leg Venous Procedure Devices
    • Chest Venous Procedure Devices
    • Abdomen Venous Procedure Devices
    • Arm Venous Procedure Devices
  • Indication
    • Venous Procedure Devices for Vascular Diseases
      • Chronic Deep Vein Thrombosis
      • Post-thrombotic Syndrome
      • May-Thurner Syndrome
      • Hemodialysis/Arteriovenous Fistulae
      • Others
    • Venous Procedure Devices for Cancer
  • End User
    • Hospitals
    • Ambulatory Surgical Centers
    • Specialty Clinics
    • Others
  • Region
    • North America (US and Canada)
    • Europe (Germany, UK, France, Italy, Spain and Rest of Europe)
    • Asia-Pacific (China, Japan, India, Australia & New Zealand and Rest of Asia-Pacific)
    • Latin America (Brazil, Mexico and Rest of Latin America)
    • Middle East & Africa (GCC, South Africa and Rest of MEA)

A comprehensive estimate of the Venous Procedure Devices market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Venous Procedure Devices during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The Market survey of Venous Procedure Devices offers a comprehensive analysis of diverse features, including production capacities analysis of Venous Procedure Devices, demand, product developments, revenue generation, and Size of Venous Procedure Devices Market across the globe.

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Some Notable Offerings by Fact.MR Report on Venous Procedure Devices market:

  • We will provide you an analysis of the extent to which this Venous Procedure Devices market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Some of the Venous Procedure Devices Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Venous Procedure Devices and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Venous Procedure Devices Market .
  • Insights about adoption of new technologies and its influence on the Venous Procedure Devices market Size.
  • Overview of the impact of COVID-19 on Venous Procedure Devices Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Venous Procedure Devices Market during the forecast period.

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How Do Historical and Future Projections Compare?

Surging cardiovascular disease incidence in the past few years has greatly enhanced uptake of venous procedure devices, with prominent manufacturers introducing technologically advanced products. The market was valued at US$ 2 billion in 2019, with growth expected to incline further in upcoming years.

Prospects appeared temporarily dim during the initial months of COVID-19, as elective surgical procedures took a backseat. However, since Q4 2020, a gradual upswing with relaxation of restrictions across key healthcare domains. Future expansion will be largely influenced by increased uptake of specialized stents and catheters.

How are Technological Advancements Paving the Way for Future Market Expansion?

Several players are introducing technologically advanced products based on upgraded techniques, enabling precise and improved diagnostics to patients suffering from venous diseases. A major breakthrough in this regard is the development of a centralized administration system.

Patients often need central venous access for indications, including ongoing hemodynamic monitoring, difficult venous access, or long-term IV therapy. Numerous central venous catheters and devices are available which enable such access. Additionally, advancements such as Doppler ultrasound have enabled practitioners to effectively diagnose diseases like deep vein thrombosis and vasculitis.

Why are Clinicians Opting for Advanced Drug Eluting Venous Stents?

Stenting of arteries as a percutaneous transluminal angioplasty procedure is a promising minimally invasive therapy based on reopening narrowed arteries. Hence, prominent manufacturers are looking leverage high quality drug eluting venous stents for achieving high patient outcomes.

Drug eluting stents (DES) have been developed to overcome the main shortcomings of bare metal stents (BMS) or coated stents. Boston Scientific is boosting its marketing capabilities of Eluvia drug eluting vascular stent system, which is capable of delivering exceptional outcomes in complex lesions.

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How Fact.MR Assists in Making Strategic Moves For Venous Procedure Devices Market Manufacturer?

  • The data provided in the Venous Procedure Devices market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

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Categories
Pharmaceutical

Central Venous Catheters To Experience Sharp Incline Amid Greater Effectiveness : Fact.MR

Award-winning consulting firm Fact.MR recently published a report on the global venous procedure devices market, for the forecast period 2021-2031. According to the study, the market is projected to surpass US$ 3 billion in value by the end of the aforementioned forecast period (2021 to 2031), expanding at a CAGR of around 6%. Growth is majorly influenced by an increase in vascular disease procedures.

Historically, the market posted credible gains, being valued at around US$ 2 billion in 2019. A host of established as well as incumbent market players are scrambling to secure a firm footing in the landscape. AIincreasing number of startups are capitalizing on incremental opportunities presented by key segments across the venous procedure devices market.

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Inari Medical, for instance, offers the Flow Triever catheter-based thrombectomy device shown to extract significant amounts of clot from large blood vessels. It has a self-expanding Nitinol framework designed to engage, disrupt and remove emboli from blood vessels with minimal trauma. Likewise, Silk Road Medical produces devices for Transcarotid artery revascularization (TAR) procedure for carotid artery disease. Its products include the EnRoute Transcarotid Neuroprotection and the EnRoute Stent system.

Key Takeaways from Market Study

  • By product, central venous catheters to experience sharp incline amid greater effectiveness
  • By application, chest venous procedure devices to remain dominant, abdomen devices uptake expanding rapidly
  • Venous procedure devices for vascular diseases will experience robust incline through 2031
  • By end user, hospitals to remain primary source of venous procedure devices implanting
  • The U.S. to emerge as a potential growth hotspot amid increased prevalence of peripheral arterial disease
  • India to cement its dominance across the South Asian market

“Purpose-built venous stents offer promising growth prospects, attributed to their ability to achieve efficient arterial pulsation and mobility for treating occlusion diseases. Hence, prominent manufacturers are collaborating with medical technology consulting firms to deepen their outreach,”comments a Fact.MR analyst.

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Key Market Segments Covered

  • Product
    • Venous Stents
      • Drug-eluting Venous Stents
      • Non-drug Eluting Venous Stents
    • Venous Procedure Catheters
      • Central Venous Catheters
      • Subcutaneous (Implanted) Venous Port Catheters
      • Peripherally Inserted Central Venous Catheters (PICC)
    • Venous Procedure Guidewires
      • Standard Venous Procedure Guidewires
      • High Support Venous Procedure Guidewires
      • Flexible Venous Procedure Guidewires
      • Chronic Total Occlusion Venous Procedure Guidewires
    • Others
  • Application
    • Leg Venous Procedure Devices
    • Chest Venous Procedure Devices
    • Abdomen Venous Procedure Devices
    • Arm Venous Procedure Devices
  • Indication
    • Venous Procedure Devices for Vascular Diseases
      • Chronic Deep Vein Thrombosis
      • Post-thrombotic Syndrome
      • May-Thurner Syndrome
      • Hemodialysis/Arteriovenous Fistulae
      • Others
    • Venous Procedure Devices for Cancer
  • End User
    • Hospitals
    • Ambulatory Surgical Centers
    • Specialty Clinics
    • Others
  • Region
    • North America (US and Canada)
    • Europe (Germany, UK, France, Italy, Spain and Rest of Europe)
    • Asia-Pacific (China, Japan, India, Australia & New Zealand and Rest of Asia-Pacific)
    • Latin America (Brazil, Mexico and Rest of Latin America)
    • Middle East & Africa (GCC, South Africa and Rest of MEA)

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Competitive Landscape

Medtronic Plc., Abbott Laboratories, Cook Medical, Cardinal Health, Becton Dickinson & Co. (BD), Terumo Corporation, Boston Scientific Corporation and Teleflex are some prominent venous procedure devices manufacturers. Most players rely on introducing new devices post regulatory approvals across key geographies, in addition to other expansion strategies such as collaborations, mergers & acquisitions and partnerships respectively.

  • For instance, in May 2019, Cordis, a Cardinal Health company, announced the full US launch of its RADIAL 360 portfolio, offering a complete range of products to facilitate the tranradial approach (TRA) for interventional cardiology. The portfolio consists of RAIN SheathTM Transradial Thin-Walled Introducer, RAILWAYTM Sheathless Access System and the ZEPHYR® Vascular Compression Brand among others
  • In April 2021, Becton Dickinson (BD) announced enrollment in its post-market studies of the WavelinQTM Arteriovenous Endovascular Fistula device which uses concomitant ulnar artery and ulnar vein in patients suffering from chronic kidney diseases, expected to enroll 280 participants through 30 days

For More Insights  https://www.biospace.com/article/new-product-developments-in-biologics-will-turn-game-changer-for-acromegaly-treatment-market-expects-fact-mr/

More Valuable Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the venous procedure devices market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market on the basis of product (stents, catheters, and others), application (leg, chest, abdomen, and arm), indication (vascular diseases and cancer), and end user (hospitals, ambulatory surgical centers, specialty clinics, and others) across five major regions of the world (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com