The U.S. market for vascular access devices is projected to be worth more than $2 billion by 2022, according to a Decision Resources Group news release.
This growth can be attributed to a growing patient population, resulting in increased unit sales, as well as "premium-priced safety and antimicrobial devices" as the concern for clinical quality continues to grow, according to the news release.
Short peripheral intravenous catheters will contribute to the majority of unit sales, as they are used frequently in healthcare settings. Additionally, guidance and placement confirmation technologies are being quickly adopted by healthcare providers for peripherally-inserted central catheters.
Manufacturing companies have started producing more complex catheter kits to help ensure sterility and safety, which also contributes to the growing market.
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