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Global Vascular Access Device Market Poised for Significant Growth: Forecast to Reach $7.9 Billion by 2028

Posted by Makarand Mukund Vaidya on June 10, 2024 at 12:00pm 0 Comments

The global vascular access device market is set to experience remarkable growth, with projections indicating a rise from $5.6 billion in 2023 to an impressive $7.9 billion by 2028, registering a CAGR of 7.0% over the forecast period. This growth is largely fueled by substantial government investments in advanced medical devices and an increasing prevalence of lifestyle-related diseases. However, the industry faces challenges, including a shortage of skilled professionals.

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