Vascular Access Catheters Market Revenue is Expected to Surpass US$ 4,042.8 Mn by 2027
Verfasser: ShashiiPawar on Friday, 27 October 2017With healthy CAGR of 5.5%, the global vascular access catheters market is likely to grow with an impressive growth rate during the projected period. The primary reasons for this remarkable growth is shift towards value-based healthcare model, increasing global healthcare spending and global manufacturer’s focus on emerging market. According to the new report “Vascular Access Catheters Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027) that is published by Future Market Insights, global vascular access catheters market to grow from US$ 2,365.3 Mn in 2017 to US$ 4,042.8 Mn by 2027 end. This represents CAGR of 5.5% over the projected period of 10-years. The global vascular access catheters market for represents absolute $ opportunity of US$ 118.9 Mn in 2018 over 2017 and incremental opportunity of US$ 1,677.5 Mn between 2017 and 2027.
Global Vascular Access Catheters Market: Drivers
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Increased precision of PICC and CVC placement with tip location devices
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Improved Reimbursement policies
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Preference by surgeons, anaesthesiologists & interventional radiologists
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Increasing number of diseases with PICC application