US and Europe Vascular Access Device Market Size & Share, Growth Trends 2029 Forecast: Market Size to Reach $4475 Million by 2029

Vascular Access Devices (VADs) are temporary or permanent channels established within blood vessels for the delivery of drugs, nutrient solutions, or blood products. These devices have been widely used in the field of clinical medicine, and sufficient vascular access plays a crucial role for chronic disease patients who require long-term treatment or emergency patients caused by various diseases.
Overview of Market Development
In recent years, driven by factors such as the aging population, the increasing number of chronic disease patients, and continuous progress in medical technology, the market for vascular access devices in the US and Europe has steadily grown. According to our research data, the market size of vascular access devices in the United States and Europe is estimated to be $3250 million in 2024, an increase of 7.09% compared to 2023. Among them, the estimated size of the US sub-market is $1749 million, and the market share is expected to reach 53.82%; The estimated size of the European sub-market is $1501 million, with an estimated market share of 46.18%. By 2029, the market size of vascular access devices in the US and Europe is expected to continue to increase to $4475 million.
Analysis of Downstream Application Pattern
From the perspective of downstream applications, the application of vascular access devices involves multiple fields such as drug administration, nutrition administration, diagnostics, and testing. Among them, the drug administration field is the largest downstream application market, with an expected application share of 59.20% in 2024.
Source: www.globalmarketmonitor.com
Market Analysis of Major Countries
From the perspective of the European market, Germany is the largest revenue-generating country. The data shows that the estimated revenue of the German vascular access device market in 2024 is $380 million, and the market share is expected to reach 25.33%; Followed by the UK market, which is expected to rank second with a market share of 19.20% in 2024.

For more industry information, please refer to our latest released "2023 Global Vascular Access Device Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".