Peripheral Vascular Devices Market Size, Share, Report 2023-2028

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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

The latest research studyPeripheral 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 reachUS$16.0 Billion by 2028, exhibiting a growth rate (CAGR) of6.8% 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 MarketTrends 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 (RD) activities are expected to drive the peripheral vascular devices market in the coming years.

Peripheral Vascular Devices MarketReport Segmentation 2023-2028:

Competitive Landscape:

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)
  • Becton
  • 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
  • Others

Breakup by End User:

  • Hospitals and Clinics
  • Ambulatory Care Centers
  • Specialty Clinics
  • Others

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Breakup By Regions:

  • 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)
  • Porters 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.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform theirbusinesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

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