Peripheral Vascular Devices Market Size, Trends, Analysis, and Outlook By Product (Angioplasty Balloons, Angioplasty Stents, Catheters, Endovascular Aneurysm Repair Stent Grafts, Inferior Vena Cava Filters, Plaque Modification Devices, Hemodynamic Flow Alteration Device Market, Others), by Country, Segment, and Companies, 2024-2032
The global Peripheral Vascular Devices market size is poised to register 7.8% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Peripheral Vascular Devices market across By Product (Angioplasty Balloons, Angioplasty Stents, Catheters, Endovascular Aneurysm Repair Stent Grafts, Inferior Vena Cava Filters, Plaque Modification Devices, Hemodynamic Flow Alteration Device Market, Others)
The future of the peripheral vascular devices market is influenced by demographic trends, increasing prevalence of peripheral artery disease (PAD), and growing demand for minimally invasive treatment options for vascular disorders. Peripheral vascular devices encompass a wide range of medical devices used to diagnose, treat, and manage vascular conditions affecting the arteries, veins, and lymphatic vessels outside the heart and brain, including stents, angioplasty balloons, atherectomy devices, and vascular grafts. With the rise of aging populations and lifestyle-related risk factors, there is a growing need for peripheral vascular interventions that offer improved efficacy, safety, and durability for patients with PAD, deep vein thrombosis (DVT), and other vascular disorders. Further, technological innovations such as drug-eluting stents, bioresorbable scaffolds, and endovascular robotics are driving the development of next-generation peripheral vascular devices with enhanced precision, deliverability, and long-term patency. Over the forecast period to 2030, expanding applications in chronic limb ischemia, venous ulcers, and vascular access procedures, coupled with increasing adoption of hybrid operating rooms and advanced imaging technologies for peripheral interventions, are expected to drive market growth and innovation, enabling vascular specialists and interventional radiologists to offer more effective and less invasive treatments for patients with peripheral vascular diseases.
Peripheral Vascular Devices 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 market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Peripheral Vascular Devices 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 industry.
Key market trends defining the global Peripheral Vascular Devices 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 Market Segmentation- Industry Share, Market Size, and Outlook to 2032
The Peripheral Vascular Devices 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 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 industry
Leading Peripheral Vascular Devices 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 companies.
Peripheral Vascular Devices Market Study- Strategic Analysis Review
The Peripheral Vascular Devices 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 Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Peripheral Vascular Devices 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 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 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 market segments. Similarly, Strong market demand is encouraging Canadian Peripheral Vascular Devices companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Peripheral Vascular Devices market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Peripheral Vascular Devices 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 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 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 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 in Asia Pacific. In particular, China, India, and South East Asian Peripheral Vascular Devices 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 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 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 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.
Peripheral Vascular Devices Market Company Profiles
The global Peripheral Vascular Devices 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, AMG International GmbH, B. Braun Melsungen AG, Becton, Dickinson and Company, Biosensors International Group Ltd, Biotronik SE & Co. KG, Boston Scientific Corp, Cordis Corp, Endocor GmbH, iVascular, S.L.U., Koninklijke Philips N.V., Medtronic plc, Merit Medical Systems Inc, Penumbra Inc, Terumo Corp.
Recent Peripheral Vascular Devices Market Developments
The global Peripheral Vascular Devices 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 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
Angioplasty Balloons
-Old/Normal
-Cutting and Scoring
-Drug-Eluting
Angioplasty Stents
-Drug-eluting
-Bare metal
-Self-expandable
-Balloon-expandable
Catheters
-Angiography
-IVUS/OCT
-Guiding
Endovascular Aneurysm Repair Stent Grafts
-Abdominal Aortic Aneurysm Stent Grafts
-Thoracic Aortic Aneurysm Stent Grafts
Inferior Vena Cava Filters
-Retrievable
-Permanent
Plaque Modification Devices
-Atherectomy
-Thrombectomy
Hemodynamic Flow Alteration Device Market
-Embolic Protection Devices
-Chronic Total Occlusion Devices
Others
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
AMG International GmbH
B. Braun Melsungen AG
Becton, Dickinson and Company
Biosensors International Group Ltd
Biotronik SE & Co. KG
Boston Scientific Corp
Cordis Corp
Endocor GmbH
iVascular, S.L.U.
Koninklijke Philips N.V.
Medtronic plc
Merit Medical Systems Inc
Penumbra Inc
Terumo Corp
Formats Available: Excel, PDF, and PPT