The latest research study “Peripheral Vascular Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global peripheral vascular devices market report, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global peripheral vascular devicesmarket size reached US$ 10.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.
What is Peripheral Vascular Devices?
Peripheral vascular disease (PVD) represents a circulatory condition caused, owing to the narrowing, blockage, or spasms in the blood vessels placed outside the heart and brain. Some commonly used tools to treat PVD comprise angioplasty catheters, vena cava filters, stent-grafts, and embolic protection devices (EPD).
Peripheral vascular appliances are safe, minimize the risk of infection and irritation, improve blood flow, supply oxygenated blood through arteries, etc. As a result, they find wide applications in hospitals and clinics across the globe.
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Peripheral Vascular Devices Market Trends and Drivers:
The increasing incidence of venous diseases or CVI (chronic venous insufficiency) across numerous countries is primarily augmenting the peripheral vascular devices market. Furthermore, the growing geriatric population that is more susceptible to several illnesses, such as peripheral artery disease (PAD) and blockages, on account of physical inactivity and unhealthy dietary habits, is also bolstering the market growth. Apart from this, the shifting preferences toward minimally invasive surgeries (MIS), owing to fewer complications, less postoperative pain, shortened hospital stay, and faster recovery times, are further catalyzing the global market.
Moreover, the widespread adoption of atherectomy appliances, on account of the growing prevalence of atherosclerosis, obesity, and lifestyle-related disorders, is acting as another significant growth-inducing factor. Besides this, the expanding healthcare sector, the inflating disposable income levels of the masses, and extensive research and development (R&D) activities are expected to drive the peripheral vascular devices market in the coming years.
Peripheral Vascular Devices Market Report Segmentation 2023-2028:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Abbott Laboratories
- B. Braun SE (B. Braun Holding GmbH & Co. KG)
- Dickinson and Company
- Biotronik SE & Co. KG
- Boston Scientific Corporation
- Cook Group Incorporated
- Cordis Corporation
- iVascular S.L.U.
- Koninklijke Philips N.V.
- Medtronic plc and Terumo Medical Corporation.
The report has been segmented the market into following categories:
Breakup by Device Type:
- Peripheral Vascular Stents
- Peripheral Transluminal Angioplasty (PTA) Balloon Catheters
- Peripheral Transluminal Angioplasty (PTA) Guidewires
- Atherectomy Devices
- Embolic Protection Devices
- Inferior Vena Cava Filters
- Hospitals and Clinics
- Ambulatory Care Centers
- Specialty Clinics
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Peripheral Vascular Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Device Type
6.1 Peripheral Vascular Stents
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Peripheral Transluminal Angioplasty (PTA) Balloon Catheters
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Peripheral Transluminal Angioplasty (PTA) Guidewires
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Atherectomy Devices
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Embolic Protection Devices
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Inferior Vena Cava Filters
6.6.1 Market Trends
6.6.2 Market Forecast
6.7.1 Market Trends
6.7.2 Market Forecast
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