Australia Market Overview for Vascular Access Devices and Accessories 2017 - MedView
LONDON, March 2, 2017 /PRNewswire/ --
General Report Contents- Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends- Market Drivers & Limiters for each chapter segment- Competitive Analysis for each chapter segment- Section on recent mergers & acquisitions
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The Australian government presented a new federal budget in May of 2014. The outline contained measures to reduce federal spending, including on healthcare. Moreover, the new government will implement new models to determine reimbursement for medical services. These measures and the ongoing price cuts through public tenders is leading to steep declines in ASP, which is outweighing unit sales growth in several important markets. New technologies are expected to have a significant impact on the vascular access device market. The competition in this market has spurred companies to differentiate their products in order to gain market share. This has consistently led to unique, premium-priced products. Some of the new technology will strive to increase lumen number to allow for multiple functions with the same catheter. The more significant technological advancements will be in electrocardiogram (ECG) tip location. The increasing use of ultrasound has led to significant growth in the use of PICCs. Increasingly, ultrasound is being used for placement of PIVCs.
Abstract The Australian market for vascular access devices and accessories includes implantable ports, port needles, central venous catheters (CVCs), peripherally inserted central catheters (PICCs), peripheral intravenous catheters (PIVCs) and dialysis catheters. In Australia, the use of PICCs has grown significantly at the expense of CVCs, whereas practitioners in Japan prefer to use CVCs. Moreover, nurse-led placement of PICCs has been a catalyst for increasing adoption of PICCs which significantly lowered overall procedural cost. The combination of these factors will result in overall unit sales growth in the PICC market over the forecast period.
Scope: 2013-2023Download the full report: https://www.reportbuyer.com/product/4665937/
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