Global Peripheral Vascular Devices
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Peripheral Vascular Devices market size was USD 10,566.8 million in 2022. Peripheral Vascular Devices Industry's Compound Annual Growth Rate will be 7.9% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Peripheral Vascular Devices market size was USD 10,566.8 million in 2022. Peripheral Vascular Devices Industry's Compound Annual Growth Rate will be 7.9% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Peripheral Vascular Devices Market Sales Revenue 2022 | $ 10566.8 Million |
Global Peripheral Vascular Devices Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.9% |
Market Split by Product Type |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Peripheral Vascular Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Peripheral vascular disease is a blood circulation disorder, which decreases the flow of blood through blood vessels located outside the heart and brain. When these vessels do not supply sufficient blood, it results in the irregular functioning of organs. Peripheral Vascular Devices are used to measure blood flow from arteries and veins. The peripheral vascular device would be in demand due to its minimally invasive endovascular treatment, the rising prevalence of diseases such as diabetes & obesity, and the growing aging population.
The rising number of diabetic patients drives the growth of the peripheral artery disease (PAD) market. According to the Centers for Disease Control and Prevention (CDC), it is estimated that about 6.5 million people 40 and older suffer from PAD in the United States. This is due to a rapidly changing lifestyle and dietary habits, or a lack of physical activity. This causes the accumulation of cholesterol in the arteries. Hence, it reduces the blood flow through the arteries and causes an arterial disease that indirectly increases the growth of the peripheral vascular device market for its treatment.
The introduction of novel products, such as upgraded drug-eluting vascular stents offers the opportunity for the global Peripheral Vascular Devices market.
For the treatment of peripheral arterial diseases, anticoagulants are used. There is increasing development of higher-efficacy anticoagulants such as Dabigatran, which results in their wider application for treating PAD. Additionally, medications like statins are also widely used in the treatment of peripheral arterial disease. This rising adoption of medications tends to decline or raise alternatives for surgical devices. Therefore, such medications and alternative treatments for PAD are majorly responsible for hindering the growth of peripheral angiography procedures and their device market.
The COVID-19 pandemic had negatively impacted the peripheral vascular device market. The rising number of peripheral artery diseases (PAD) and other surgical procedures were postponed or delayed during this phase. There was a high level of risk involved during the surgical interventions. The major factor contributing to this was increasing viral transmission and lockdowns. Surgeries of the heart and other invasive procedures were postponed, and only elective emergency surgeries were performed. Therefore, the drop in invasive procedures was seen during the pandemic, which indirectly hampered the market growth of the peripheral vascular devices market.
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AngioDynamics Announced FDA Clearance of Expanded Indications for Auryon Atherectomy System
AngioDynamics, a leading company in medical technology, focuses on restoring blood flow in body vessels and improving the quality of life for patients. The FDA approved the Auryon atherectomy system developed by AngioDynamics due to its 2.0 mm catheters with aspiration capability for treating stenoses in the stented intralingual arteries.
Cardio Flow Granted FDA Clearance for its FreedomFlow Peripheral Guidewire.
CardioFlow received FDA’s 510 (k) clearance for FreedomFlow Guidewire, which supported diagnostic and therapeutic devices that treated plaque blockages in arteries both below and above the knee. Its 0.014-inch core tip provided torque transmission and precise control during the delivery of mediation.
Top Companies Market Share in Peripheral Vascular Devices Industry: (In no particular order of Rank)
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On the basis of region, the peripheral vascular device market is segmented globally into North America, Latin America, Europe, Asia Pacific, Middle East & Africa. The North American region is projected to have the largest market share due to the rising number of diabetic patients driving the growth of the peripheral artery disease (PAD) market. According to the Centers for Disease Control and Prevention (CDC), it is estimated that about 6.5 million people 40 years of age and older suffer from PAD in the United States. Thereby, with the increasing number of patients with peripheral artery disease, there is a simultaneous increase in the need for effective treatment of vascular diseases. Peripheral vascular devices aid in the treatment of artery blockages and the narrowing of blood vessels. Therefore, they are widely demanded in the healthcare sector, with high access to major market players in this region. These factors drive the market growth of peripheral vascular devices.
The current report Scope analyzes Peripheral Vascular Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Peripheral Vascular Devices Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Peripheral Vascular Devices Industry growth. Peripheral Vascular Devices market has been segmented with the help of its Product Type, End User , and others. Peripheral Vascular Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Peripheral transluminal angioplasty balloon catheters are forecasted to dominate the global Peripheral Vascular Devices market. This is attributed to increased cardiovascular disorders driving the demand for the global market.
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By end user, the global market is segmented into hospitals, clinics, and ambulatory surgical centers.
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Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Peripheral Vascular Devices Market is witnessing significant growth in the near future.
In 2023, the Peripheral Vascular Stents segment accounted for noticeable share of global Peripheral Vascular Devices Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Medtronic Inc., Medizintechnik KG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type | Peripheral Vascular Stents, Peripheral Transluminal Angioplasty Balloon Catheters, PTA Guidewires, Atherectomy Devices, Chronic Total Occlusion Devices, Aortic Stents, Synthetic Surgical Grafts, Embolic Protection Devices, Inferior Vena Cava Filters |
End User | Hospitals, Clinics, Ambulatory Surgical Centers |
List of Competitors | Medtronic Inc., Angiomed GmbH Co, Medizintechnik KG, Abbott Laboratories Vascular Enterprises Limited, Terumo Corporation, ENDOLOGIX Inc., William Cook Europe, Bolton Medical Inc., Jotec GmbH, ClearStream Technologies Ltd., Aesculap AG, Boston Scientific Corporation, curative medical devices gmbh, Lepu, Microport, Bioteq |
This chapter will help you gain GLOBAL Market Analysis of Peripheral Vascular Devices. Further deep in this chapter, you will be able to review Global Peripheral Vascular Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Peripheral Vascular Devices market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Peripheral Vascular Stents have a significant impact on Peripheral Vascular Devices market? |
What are the key factors affecting the Peripheral Vascular Stents and Peripheral Transluminal Angioplasty Balloon Catheters of Peripheral Vascular Devices Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Peripheral Vascular Devices Market? |
Which region is expected to dominate the global Peripheral Vascular Devices Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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