Peripheral Vascular Devices Market Future Scope and Revenue Analysis from 2024 to 2030
Peripheral Vascular Devices Market Future Scope and Revenue Analysis from 2024 to 2030
The Peripheral Vascular Devices Market was valued at USD 10.86 billion in 2023 and is expected to grow to USD 15.69 billion by 2030, representing a compound annual growth rate (CAGR) of 5.4% during the forecast period


Peripheral Vascular Devices Market Overview:

This research paper categorizes the Peripheral Vascular Devices Market, forecasting revenues and analyzing trends across various sub-markets. The Competition Strategic Window assesses the competitive landscape across markets, applications, and regions to help vendors align their strengths with future growth opportunities. It identifies the optimal strategies for vendors to pursue mergers and acquisitions, geographic expansion, R&D, and new product introductions to drive business growth during the forecast period.

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Peripheral Vascular Devices Market Scope:

The report on the Peripheral Vascular Devices Market provides readers with a comprehensive understanding of the market and competitive landscape, facilitating better decisions related to market growth and expansion. Key features include an overview of market participants, revenue results, capital investments, and global Peripheral Vascular Devices market growth rates.

Peripheral Vascular Devices Market Drivers:

The Peripheral Vascular Devices Market has experienced significant advancements in catheter-based technologies, particularly in angiography, intravascular ultrasound (IVUS) or optical coherence tomography (OCT), and guiding catheters, driven by several key factors. One of the driving forces propelling this Peripheral Vascular Devices Market is the increasing prevalence of cardiovascular diseases, prompting a demand for more precise and minimally invasive diagnostic and treatment procedures. For instance, advancements in angiography catheters, such as the Siemens Artis Q biplane system, enable clinicians to obtain high-resolution images, aiding in accurate diagnoses of vascular conditions like peripheral artery disease (PAD).

Furthermore, the integration of IVUS/OCT technologies into catheters has revolutionized intravascular imaging, allowing for detailed visualization of vessel structures, plaque morphology, and stent placement. Companies like Boston Scientific with their OPTICROSS HD Imaging Catheter have introduced enhanced imaging capabilities to guide interventions effectively for Peripheral Vascular Devices Market. Additionally, guiding catheters have evolved to improve procedural success rates by providing better support and maneuverability during interventions. For instance, Cordis, a Cardinal Health company, offers guiding catheters like the ADROIT™ Guiding Catheter designed to facilitate precise navigation through complex vascular anatomy. These innovations in catheter technologies are fundamentally reshaping the landscape of peripheral vascular interventions, offering clinicians enhanced precision, reduced risks, and improved patient outcomes in diagnosing and treating various vascular conditions which drives the Peripheral Vascular Devices Market.

Peripheral Vascular Devices Market Segmentation:

by Device Type

Peripheral Vascular Stents
Self-Expanding Stents
Balloon Expanding Stents
Covered Stents
Drug-Eluting Stents
Drug Eluting Balloons
Peripheral Vascular Bioresorbable Scaffolds

by Indication

Target Artery Instability (TAI)
Access Artery Injury (AAI)
Peripheral Arterial Disease
Arteriovenous Fistulas
Peripheral Aneurysms
Others

by Artery

Carotid Artery
Fem-Pop Artery
lliac Artery
Infrapop Artery

by End-User

Hospitals
Ambulatory Surgical Centers/Outpatients
Cardiac Catheterization Labs

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Peripheral Vascular Devices Market Key Players:

North America
1. Abbott Laboratories (USA)
2. Boston Scientific Corporation (USA)
3. Cook Medical Incorporated (USA)
4. Cardinal Health, Inc. (USA)
5. Cordis Corporation (USA)
6. Penumbra, Inc. (USA)
7. Johnson & Johnson (USA)
8. AngioDynamics, Inc. (USA)
9. Endologix, Inc. (USA)
10. Teleflex Incorporated (USA)
11. C.R. Bard, Inc. (USA)
12. Edwards Lifesciences Corporation (USA)
13. Merit Medical Systems, Inc. (USA)
Europe:
1. Medtronic plc (Ireland)
2. B. Braun Melsungen AG (Germany)
3. Biotronik SE & Co. KG (Germany)
4. Lombard Medical Technologies (United Kingdom)
5. Jotec GmbH (Germany)
Asia Pacific:
1. Terumo Corporation (Japan)
2. Asahi Intecc Co., Ltd. (Japan)

Peripheral Vascular Devices Market Regional Analysis:

The Peripheral Vascular Devices market forecast report analyzes several geographical regions including Asia-Pacific, Europe, North America, and other parts of the world. North America holds the largest market share and is expected to remain the leading region in the global Peripheral Vascular Devices market.

COVID-19 Impact Analysis on Peripheral Vascular Devices Market:

The COVID-19 pandemic is an unprecedented global public health emergency that has affected nearly every industry. The long-term impacts are expected to influence industry growth throughout the forecast period. Our ongoing study incorporates fundamental COVID-19 concerns and potential next steps, providing insights on the pandemic's impact on consumer behavior and demand, purchasing patterns, supply chain re-routing, contemporary market dynamics, and significant government initiatives.

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Key Questions Answered in the Peripheral Vascular Devices Market Report:

  • Which application segment is expected to lead in the Peripheral Vascular Devices market?
  • Who are the key players in the Peripheral Vascular Devices market?
  • What key trends are likely to emerge in the Peripheral Vascular Devices market in the coming years?
  • What is the major restraint for the Peripheral Vascular Devices Market growth?
  • What segments are covered in the Peripheral Vascular Devices Market report?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Peripheral Vascular Devices Market?

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