Press release
Worldwide Sales of Peripheral Vascular Devices are predicted to increase at a CAGR of 6.5% during the forecast period - Abbott , Becton, Dickinson and Company, Terumo Corporation, Cardinal Health
Peripheral Vascular Devices Market
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heral vascular diseases, such as atherosclerosis and aneurysms. According to the World Health Organization (WHO), by 2050, the world's population of people aged 60 years and older will double to 2.1 billion as well as the number of persons aged 80 years or older will triple by 2050 to reach 426 million.
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As a result, age, genetic, and lifestyle factors can lead to a buildup of plaque in the arteries. Globally, it is estimated that more than 200 million people are suffering from peripheral vascular diseases (Source: National Center for Biotechnology Information (NCBI), 2021). Furthermore, according to the American College of Cardiology 2020, peripheral arterial disease (PAD) affects 8.5 million individuals in the US, and the prevalence of these diseases rises with age and is greater than 20% in the patient population aged above 80 years.
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Global Peripheral Vascular Devices Market
Segmentation
Product
Interventional Catheters
Guidewires
Stents
PTCA Balloons
Atherectomy Devices
Chronic Total Occlusion Devices
Synthetic Surgical Grafts
Embolic Protection Devices
IVC filters
Others
Application
Congenital Heart Defect Correction
Coronary Thrombectomy
Angioplasty
Valvuloplasty
Percutaneous Valve Repair
Others
End-use
Hospitals
Ambulatory Surgical Centers
Others
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Major Players in the Global Peripheral Vascular Devices Market
The key players in the market are Abbott (US), Becton, Dickinson and Company (US), Terumo Corporation (Japan), Cardinal Health (US), B. Braun Melsungen AG (US), Merit Medical Systems (US), Penumbra, Inc.(US), Koninklijke Philips N.V.( Netherlands), iVascular S.L.U (Spain), and Biosensors International Group Ltd. (Singapore), among others.
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