Research Methodology – Vascular Access Device Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Vascular Access Device Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Vascular Access Device Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share:
- Number of product units sold
- Youth population in need of Vascular Access Devices (VADs)
- Incidences of chronic diseases such as cardiovascular diseases, cancers, and diabetes that require VADs
- Market trends in healthcare industry
- Competitive landscape
- The price range of various Vascular Access Devices in the global market
- New development in the medical device technologies
- Number of existing hospitals and health centers using VADs
- Government healthcare expenditure and policies
- Regulatory hurdles and FDA/CE approval status of different VADs
2 Key Market Indicators:
- Increase in the number of hospitals and healthcare providers globally
- Growth in the percentage of geriatric population
- Increase in incidences of chronic diseases
- Statistics of Intravenous (IV) treatments globally
- Spending on healthcare sector by the government
- Technological advancements in vascular access device manufacturing industry
- Population growth and demographics
- Health awareness and its impact on demand for VADs
3 Growth Trends:
- Growth in prevalence of diseases such as end-stage renal disease (ESRD), diabetes and cancer
- Increase in adoption of central vascular access devices and peripherally inserted central catheters (PICCs)
- Technological advancements involved in development of VADs
- Increasing use of biocompatible materials for VAD manufacturing
- Increasing demand for antimicrobial-coated catheters
- Increase in dialysis treatment due to rise in kidney-related diseases
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Vascular Access Device Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Vascular Access Device Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights