Peripheral Vascular Devices and Accessories Market Size, Trends, Analysis, and Outlook By Product (Peripheral Vascular Stents, Peripheral Transluminal Angioplasty (PTA) Balloons, Catheters, Atherectomy Devices, Peripheral Accessories, Others), By Guidewire Coating Type (Hydrophobic Coating Wires, Hydrophilic Coating Wires), by Country, Segment, and Companies, 2024-2032
The global Peripheral Vascular Devices and Accessories market size is poised to register 5.9% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Peripheral Vascular Devices and Accessories market across By Product (Peripheral Vascular Stents, Peripheral Transluminal Angioplasty (PTA) Balloons, Catheters, Atherectomy Devices, Peripheral Accessories, Others), By Guidewire Coating Type (Hydrophobic Coating Wires, Hydrophilic Coating Wires)
The peripheral vascular devices and accessories market is witnessing significant growth due to the increasing prevalence of peripheral vascular diseases, venous disorders, and thromboembolic events, as well as advancements in endovascular interventions, vascular imaging technologies, and minimally invasive procedures aimed at diagnosing, treating, and managing peripheral vascular conditions while improving patient outcomes and quality of life. With innovations in vascular access devices, angioplasty balloons, and embolization coils, there is an opportunity for medical device manufacturers to offer comprehensive solutions that address the diverse needs and clinical challenges encountered in peripheral vascular interventions, including access site complications, vessel tortuosity, and complex lesion morphology while ensuring procedural success, patient safety, and healthcare cost-effectiveness in vascular surgery suites, interventional radiology suites, and catheterization laboratories worldwide. Further, the integration of hybrid operating rooms, advanced hemostasis technologies, and vascular disease management programs is expected to drive further market expansion and foster interdisciplinary collaboration among vascular specialists, interventional cardiologists, and endovascular surgeons in peripheral vascular care.
Peripheral Vascular Devices and Accessories Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Peripheral Vascular Devices and Accessories market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Peripheral Vascular Devices and Accessories survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Peripheral Vascular Devices and Accessories industry.
Key market trends defining the global Peripheral Vascular Devices and Accessories demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Peripheral Vascular Devices and Accessories Market Segmentation- Industry Share, Market Size, and Outlook to 2032
The Peripheral Vascular Devices and Accessories industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Peripheral Vascular Devices and Accessories companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Peripheral Vascular Devices and Accessories industry
Leading Peripheral Vascular Devices and Accessories companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Peripheral Vascular Devices and Accessories companies.
Peripheral Vascular Devices and Accessories Market Study- Strategic Analysis Review
The Peripheral Vascular Devices and Accessories market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Peripheral Vascular Devices and Accessories Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Peripheral Vascular Devices and Accessories industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.
Peripheral Vascular Devices and Accessories Country Analysis and Revenue Outlook to 2032
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.
North America Peripheral Vascular Devices and Accessories Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Peripheral Vascular Devices and Accessories market segments. Similarly, Strong market demand is encouraging Canadian Peripheral Vascular Devices and Accessories companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Peripheral Vascular Devices and Accessories market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Peripheral Vascular Devices and Accessories Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Peripheral Vascular Devices and Accessories industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Peripheral Vascular Devices and Accessories market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Peripheral Vascular Devices and Accessories Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Peripheral Vascular Devices and Accessories in Asia Pacific. In particular, China, India, and South East Asian Peripheral Vascular Devices and Accessories markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.
Latin America Peripheral Vascular Devices and Accessories Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Peripheral Vascular Devices and Accessories Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Peripheral Vascular Devices and Accessories market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Peripheral Vascular Devices and Accessories.
Peripheral Vascular Devices and Accessories Market Company Profiles
The global Peripheral Vascular Devices and Accessories market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Abbott Laboratories, AngioDynamics Inc, B. Braun Melsungen AG, Becton, Dickinson and Company, Biotronik SE & Co. KG, Boston Scientific Corp, Cook Medical LLC, Cordis Corp, Edwards Lifesciences Corp, Koninklijke Philips N.V., Medtronic plc, Terumo Medical Corp.
Recent Peripheral Vascular Devices and Accessories Market Developments
The global Peripheral Vascular Devices and Accessories market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Peripheral Vascular Devices and Accessories Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
By Product
Peripheral Vascular Stents
Peripheral Transluminal Angioplasty (PTA) Balloons
Catheters
Atherectomy Devices
Peripheral Accessories
-Guidewires
-Peripheral Vascular Closure Devices
-Introducer Sheaths
-Balloon Inflation Devices
Others
By Guidewire Coating Type
Hydrophobic Coating Wires
Hydrophilic Coating Wires
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Abbott Laboratories
AngioDynamics Inc
B. Braun Melsungen AG
Becton, Dickinson and Company
Biotronik SE & Co. KG
Boston Scientific Corp
Cook Medical LLC
Cordis Corp
Edwards Lifesciences Corp
Koninklijke Philips N.V.
Medtronic plc
Terumo Medical Corp
Formats Available: Excel, PDF, and PPT