Peripheral Vascular Devices And Equipment Market Report 2024-2033: Share Analysis, Growth Drivers And Outlook | Medtronic PLC, Boston Scientific Corporation, Abbott Laboratories, Cook Group, Angiomed GmbH & Co

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company's Peripheral Vascular Devices And Equipment Global Market Report 2024 identifies rising number of people with peripheral artery diseases as the major driver for the Peripheral Vascular Devices And Equipment market's growth in the forecast period. Peripheral artery diseases are caused when arteries in the human body are blocked by plaque consisting of fats, cholesterol, and other substances restricting their blood flow to important organs. Lower extremity peripheral artery disease (PAD) affects >230 million adults worldwide and is associated with increased risk of various adverse clinical outcomes (other cardiovascular diseases such as coronary heart disease and stroke and leg outcomes such as amputation. 

The peripheral vascular devices and equipment market size has grown strongly in recent years. It will grow from $8.49 billion in 2023 to $9.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to cardiovascular disease prevalence, aging population, chronic disease management, clinical guidelines and research. The peripheral vascular devices and equipment market size is expected to see strong growth in the next few years. It will grow to $11.69 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. 

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Major competitors in the Peripheral Vascular Devices And Equipment market are Medtronic PLC, Boston Scientific Corporation, Abbott Laboratories, Cook Group, Angiomed GmbH & Co.

A key trend in the Peripheral Vascular Devices And Equipment market includes focusing on innovative product advancements. Major companies operating in the peripheral vascular devices and equipment market are focusing on innovative product advancements such as peripheral IVL catheters for better opportunities for treatments. Peripheral intravascular lithotripsy (IVL) catheters are medical devices used in the treatment of vascular disease, particularly for the management of calcified lesions within arteries. For instance, in March 2022, Shockwave Medical Inc., a US-based medical device company, launched the shockwave M5+ peripheral IVL catheter, which is designed to decrease IVL treatment time, provide alternative access options, and expand IVL therapy to patients with larger vessel sizes. The Shockwave L6 Peripheral IVL Catheter is designed to optimize IVL therapy in large peripheral vessels. These new catheters are expected to offer efficient and effective treatment for some of the most difficult-to-treat patients, some of whom previously could not have been treated with IVL.

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The Peripheral Vascular Devices And Equipment market is segmented -

1. By Type: Peripheral vascular stents, Percutaneous transluminal angioplasty balloons, Catheters, PTA guide wires, Atherectomy devices, Chronic total acclusion devices, Aortic stents, Synthetic surgical grafts, Embolic protection devices, Inferior vena cava filters
2. By Application: Treatment of Peripheral Blood Vessels Damaged, Treatment of Peripheral Blood Vessels Blockage
3. By End User: Hospital applications, Clinic applications
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Peripheral Vascular Devices And Equipment market.

The Business Research Company's "Global Peripheral Vascular Devices And Equipment Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Peripheral Vascular Devices And Equipment Market Include:

1. Executive Summary
2. Peripheral Vascular Devices And Equipment Market Characteristics
3. Peripheral Vascular Devices And Equipment Market Trends And Strategies
4. Peripheral Vascular Devices And Equipment Market - Macro Economic Scenario
5. Global Peripheral Vascular Devices And Equipment Market Size and Growth
……
31. Global Peripheral Vascular Devices And Equipment Market Competitive Benchmarking
32. Global Peripheral Vascular Devices And Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Peripheral Vascular Devices And Equipment Market
34. Peripheral Vascular Devices And Equipment Market Future Outlook and Potential Analysis
35. Appendix

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