Press release
Peripheral Vascular Devices Market Is Projected To Reach A Valuation Of US$ 16.83 Billion By 2033
The peripheral vascular devices market refers to the medical devices used for the diagnosis and treatment of diseases related to the blood vessels outside of the heart, such as those in the arms, legs, and abdomen. The market includes devices such as stents, angioplasty balloons, atherectomy devices, catheters, and vascular closure devices, among others.Expanding at a CAGR of 4.5%, the global peripheral vascular devices market is projected to increase from a valuation of US$ 10.84 billion in 2023 to US$ 16.83 billion by the end of 2033. The market can be segmented based on product type, application, end-user, and geography. North America dominates the market, followed by Europe and Asia Pacific. The increasing adoption of advanced technologies and the growing demand for minimally invasive surgeries are expected to further boost the market growth in these regions.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.factmr.com/connectus/sample?flag=S&rep_id=8329?Pj
๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ข๐ฉ๐ก๐๐ซ๐๐ฅ ๐๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ญ๐ฎ๐๐ฒ:
โข The report provides a present market outlook on Peripheral Vascular Devices. Additionally, the Peripheral Vascular Devices market share is anticipated to grow with a CAGR of 4.5% in the forecast period.
โข Regional breakdown of the Peripheral Vascular Devices market based on predefined taxonomy.
โข Innovative manufacturing processes implemented by Peripheral Vascular Devices vendors in detail.
โข Region-wise and country-wise fragmentation of the Peripheral Vascular Devices market to grasp the revenue, and growth outlook in these areas.
โข Changing preferences among consumers across various regions and countries.
โข Factors (Positive and Negative) impacting the growth of the global Peripheral Vascular Devices market.
โข Peripheral Vascular Devices price, market share, and Trends forecast for assessment period 2023-2033
๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐๐ฆ๐๐ง๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐จ๐ซ ๐๐๐ซ๐ข๐ฉ๐ก๐๐ซ๐๐ฅ ๐๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐ง๐ญ๐๐ซ๐ฏ๐๐ง๐ญ๐ข๐จ๐ง ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐๐๐๐ฎ๐ซ๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ?
Peripheral Vascular Intervention (PVI) is a minimally invasive treatment for peripheral arterial disease (PAD) that involves using catheters and stents to open blocked or narrowed arteries in the legs or other peripheral arteries. The demand for PVI treatment procedures in the United States has been growing steadily over the past decade due to the aging population, rising prevalence of PAD, and increasing awareness of minimally invasive treatments.
The global PVI market is projected to grow at a CAGR of 6.6% from 2018 to 2023, driven by the increasing incidence of PAD and technological advancements in PVI devices. In the United States, the demand for PVI procedures is expected to continue to grow, driven by the aging population and rising prevalence of PAD.
However, the COVID-19 pandemic has impacted the demand for PVI procedures and other elective surgeries in the United States due to the temporary suspension of non-emergency medical procedures and reduced patient visits to hospitals and clinics. As the pandemic subsides and healthcare services return to normalcy, the demand for PVI procedures is expected to recover.
Overall, the demand outlook for PVI treatment procedures in the United States is positive, driven by the increasing prevalence of PAD and technological advancements in PVI devices. However, the COVID-19 pandemic has temporarily disrupted the demand for elective medical procedures, including PVI procedures.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐ฅ๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
In September 2021, Abbott announced the purchase of Walk Vascular, an LLC that manufactures medical equipment that include a minimally-invasive mechanical aspiration peripheral venous thrombectomy device for the removal of peripheral blood clots. Abbott's current endovascular product portfolio includes Walk Vascular's peripheral thrombectomy systems. Abbott's peripheral vascular devices and accessories were expanded as a result of the collaboration.
โข Cardio Flow, Inc., a producer of minimally invasive peripheral vascular devices for the treatment of peripheral artery disease, announced in June 2022 that the FDA has approved the FreedomFlow Peripheral Guidewire.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐
โข Abbott Laboratories
โข B. Braun Melsungen AG
โข BARD, A Becton, Dickinson Company
โข Biosensors International Group Ltd.
โข Biotronik SE & Co. KG
โข Boston Scientific Corporation
โข Cordis Corporation
โข iVascular S.L.U
โข Medtronic PLC
โข Terumo Corporation
What insights does the Peripheral Vascular Devices report provide to the readers?
โข Peripheral Vascular Devices fragmentation on the basis of product type, end use, and region.
โข Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
โข Collaborations, R&D projects, acquisitions, and product launches of each Peripheral Vascular Devices
โข Various regulations imposed by the governments on the consumption of Peripheral Vascular Devices in detail.
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐๐ซ๐ข๐ฉ๐ก๐๐ซ๐๐ฅ ๐๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก
โข By Type :
โข Angioplasty Stents
โข Angioplasty Balloon Catheters
โข Endovascular Aneurysm Repair (EVAR) Stent Grafts
โข Plaque Modification Devices
โข Hemodynamic Flow Alteration Devices
โข Inferior Vena Cava Filters
โข By Indication :
โข Target Artery Instabilities (TAIs)
โข Access Artery Injuries (AAIs)
โข Peripheral Arterial Diseases
โข Arteriovenous Fistulas
โข Peripheral Aneurysms
โข By End User :
โข Hospitals
โข Ambulatory Surgical Centers
โข Cardiac Catheterization Labs
โข By Region :
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia & Oceania
โข MEA
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:https://www.factmr.com/connectus/sample?flag=RC&rep_id=8329?PJ
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Top Key Player:-
Abbott Laboratories
Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
Volcano Corporation
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