Paediatric vascular access market to hit $833.1m by 2030
Key drivers include advancements in catheter materials.
The global paediatric vascular access market is expected to reach $833.1m by 2030 at a compound annual growth rate of 7.4%, said MarketsandMarkets.
The sector’s expansion is attributed to the increasing prevalence of preterm births, advancement in catheter materials, and rising NICU admissions.
“Advancements in catheter materials are reducing risks such as tissue damage, enabling hospitals to adopt these tools faster,” the report said.