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Peripheral Vascular Devices Market Is Projected To Reach A Valuation Of US$ 16.83 Billion By 2033

06-22-2023 01:23 PM CET | Health & Medicine

Press release from: Fact.MR

Peripheral Vascular Devices Market Is Projected To Reach

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.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.factmr.com/connectus/sample?flag=S&rep_id=8329?Pj

๐Š๐ž๐ฒ ๐Ÿ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐•๐š๐ฌ๐œ๐ฎ๐ฅ๐š๐ซ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ญ๐ฎ๐๐ฒ:

โ€ข 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.
โ€ข Regional breakdown of the Peripheral Vascular Devices market based on predefined taxonomy.
โ€ข Innovative manufacturing processes implemented by Peripheral Vascular Devices vendors in detail.
โ€ข Region-wise and country-wise fragmentation of the Peripheral Vascular Devices market to grasp the revenue, and growth outlook in these areas.
โ€ข Changing preferences among consumers across various regions and countries.
โ€ข Factors (Positive and Negative) impacting the growth of the global Peripheral Vascular Devices market.
โ€ข Peripheral Vascular Devices price, market share, and Trends forecast for assessment period 2023-2033

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐Ÿ๐จ๐ซ ๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐•๐š๐ฌ๐œ๐ฎ๐ฅ๐š๐ซ ๐ˆ๐ง๐ญ๐ž๐ซ๐ฏ๐ž๐ง๐ญ๐ข๐จ๐ง ๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐๐ซ๐จ๐œ๐ž๐๐ฎ๐ซ๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ?

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.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐ฅ๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

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.

โ€ข 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.

๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐

โ€ข Abbott Laboratories
โ€ข B. Braun Melsungen AG
โ€ข BARD, A Becton, Dickinson Company
โ€ข Biosensors International Group Ltd.
โ€ข Biotronik SE & Co. KG
โ€ข Boston Scientific Corporation
โ€ข Cordis Corporation
โ€ข iVascular S.L.U
โ€ข Medtronic PLC
โ€ข Terumo Corporation

What insights does the Peripheral Vascular Devices report provide to the readers?

โ€ข Peripheral Vascular Devices fragmentation on the basis of product type, end use, and region.
โ€ข Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
โ€ข Collaborations, R&D projects, acquisitions, and product launches of each Peripheral Vascular Devices
โ€ข Various regulations imposed by the governments on the consumption of Peripheral Vascular Devices in detail.

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐จ๐Ÿ ๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐•๐š๐ฌ๐œ๐ฎ๐ฅ๐š๐ซ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

โ€ข By Type :

โ€ข Angioplasty Stents
โ€ข Angioplasty Balloon Catheters
โ€ข Endovascular Aneurysm Repair (EVAR) Stent Grafts
โ€ข Plaque Modification Devices
โ€ข Hemodynamic Flow Alteration Devices
โ€ข Inferior Vena Cava Filters

โ€ข By Indication :

โ€ข Target Artery Instabilities (TAIs)
โ€ข Access Artery Injuries (AAIs)
โ€ข Peripheral Arterial Diseases
โ€ข Arteriovenous Fistulas
โ€ข Peripheral Aneurysms

โ€ข By End User :

โ€ข Hospitals
โ€ข Ambulatory Surgical Centers
โ€ข Cardiac Catheterization Labs

โ€ข By Region :

โ€ข North America
โ€ข Latin America
โ€ข Europe
โ€ข East Asia
โ€ข South Asia & Oceania
โ€ข MEA

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:https://www.factmr.com/connectus/sample?flag=RC&rep_id=8329?PJ

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Fact.MR is a market research and consulting firm with deep expertise in emerging market intelligence. Ranging from Automotive and Industry 4.0 to Healthcare, Technology, Chemicals, Materials and even the most niche categories.

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