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Share this article Share this article USD 8.03 billion by 2028 according to a new study conducted by  Polaris Market Research. the market is anticipated to register a  CAGR of 7.4% from 2021 – 2028 Technological advancements in the development of medical devices coupled with a rise in the number of surgeries conducted across the globe requiring the use of advanced medical devices are making a higher impact on the market growth. In addition to this, increasing cases of blood transfusions, especially in major developed countries, and growing patient s need for central venous access during long-term intravenous therapy such as chemotherapy and antimicrobial therapy is further fostering the market growth. Furthermore, a rise in government spending for the improvement of healthcare infrastructure is expected to support market development in the longer run.

New yorkUnited statesSaudi arabiaSouth africaSouth koreaB braun melsungenAsia pacificBiotechnology companiesPolaris market researchAdministration of drugsNavilyst medical incBaxter internationalResearch summary on vascular access devices marketTeleflex incorporatedSmiths medical incTerumo corporation