Lewes, DE -- (SBWire) -- 11/12/2014 --The vascular access devices market in the Asia-Pacific region encompass implantable ports, port needles, central venous catheters, dialysis catheters, peripherally inserted central catheters and peripheral intravenous catheters. The Asia-Pacific vascular access devices market report analyzes and evaluates the current state of the market including existing and potential markets, product average selling prices, and unit volumes. The report also highlights the opportunities and potential hazards involved, and presents strategies for successfully navigating the market landscape. Furthermore, it seeks to identify the trends and technologies that will affect the future of each market segment and prepares an unbiased critical assessment of such market drivers and limiters based on our “ground up” approach, which includes primary and secondary research methods.
The report analyzes and evaluates the current state of the market including existing and potential markets, product average selling prices, and unit volumes. The report also highlights the opportunities and potential hazards involved, and presents strategies for successfully navigating the market landscape. Furthermore, it seeks to identify the trends and technologies that will affect the future of each market segment and prepares an unbiased critical assessment of such market drivers and limiters based on our “ground up” approach, which includes primary and secondary research methods.
The Asia-Pacific vascular access market presents future opportunities for growth as premium-priced products are increasingly adopted.The vascular access market in the Asia-Pacific declined slightly in 2014. Price reductions in response to competitor’s entry to the market and measures by governments to reduce healthcare expenditures contributed to overall declines. In this environment, the market for PICCs will experience the fastest growth. The PIVC market represented the largest market. However, growth in the PIVC market will hinge upon increasing the rate of conversion to safety PIVCs, particularly in South Korea. China will witness significant growth over the forecast period as the government aims to expand access to healthcare to a greater portion of the population. The adoption of PICCs in China is high relative to other countries and the market will continue to expand. On the other hand, the lack of infrastructure in India will present significant challenges in the expansion of the vascular access market.
The peripherally inserted central catheter (PICC) market was the fastest-growing segment in the Asia-Pacific vascular access device market. The adoption of PICCs is only emerging in Japan and South Korea while PICCs have been extensively used in Australia for several decades. The vascular access market in China is unique in that the country has relatively large unit sales of PICCs. This is in contrast to countries such as Japan which are more developed but do not use PICCs
Report highlights:
- 2 Additional regions covered India vascular access devices market, China vascular access devices market
- The competitive landscape in the Asia-Pacific vascular access markets is undergoing significant changes due to changes in vascular access practices and the response of governmental agencies to mounting healthcare costs and deficits. Three of the top five leading competitors in the vascular access markets depend primarily on sales of PIVCs. All countries included in the report depend heavily on PIVCs, particularly South Korea. While conventional PIVCs are increasingly perceived as commodities, safety PIVCs represent a potential market driver if authorities take measures to promote the use of safety devices.
Spanning over 205 pages “Asia-Pacific Vascular Access Devices and Accessories Market 2014” report covering Executive Summary, Research Methodology, Asia-Pacific Vascular Access Device Market Overview, Country Profiles, Australian Vascular Access Device Market, Japanese Vascular Access Device Market, South Korean Vascular Access Device Market, Appendix. This report Covered 12 Companies - Becton Dickinson, B. Braun, Teleflex Medical, Sewoon, C. R. Bard, Sungwon Medical, Smiths Medical, Dukwoo Medical, Chungwoo International, Hyup Sung Medical, Cook Medical, AngioDynamics.
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