Peripheral Vascular Devices And Equipment Global Market Report 2024 - By Share, Trends, Demand, Key Drivers, Outlook By 2033

The peripheral vascular devices and equipment market have experienced robust growth, with a notable increase from $8.49 billion in 2023 to an anticipated $9.12 billion in 2024, reflecting a substantial compound annual growth rate (CAGR) of 7.3%. Projections for the future suggest a continued upward trajectory, reaching $11.69 billion by 2028, sustaining a significant CAGR of 6.4%.

Drivers:
Two primary drivers propel the growth of the peripheral vascular devices market: the increasing prevalence of cardiovascular diseases and the aging demographic. Additionally, the market expansion is supported by effective chronic disease management practices, adherence to clinical guidelines, and ongoing research efforts.

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Key Players:
Major players in the peripheral vascular devices and equipment market, including Meril Life Sciences Pvt. Ltd. and Shockwave Medical Inc., play a pivotal role in shaping the industry. These key players actively engage in innovative product developments, contributing to a dynamic and responsive market environment.

Trends:
A notable trend in the market is the emphasis on bio-absorbable stents. These stents, crafted from naturally soluble materials, dissolve post-insertion, minimizing the risk of late stent thrombosis. Products like MeRes100 by Meril Life Sciences Pvt. Ltd. underscore the industry's commitment to pioneering solutions. Furthermore, advancements in peripheral IVL catheters, such as the shockwave M5+ and L6 by Shockwave Medical Inc., highlight the ongoing trend of enhancing treatment opportunities and efficacy.

Regional Information:
As of 2023, North America stands as the largest region in the global peripheral vascular devices and equipment market, closely followed by Western Europe. This regional dominance underscores the pivotal role of developed markets in driving innovations and market expansion. The geographical landscape significantly influences the trajectory of the peripheral vascular devices market.

Segments:
The peripheral vascular devices and equipment market covered in this report 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

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Peripheral Vascular Devices And Equipment Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Peripheral Vascular Devices And Equipment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on peripheral vascular devices and equipment market size, peripheral vascular devices and equipment market drivers and trends, peripheral vascular devices and equipment market major players, competitors' revenues, peripheral vascular devices and equipment market positioning, and market growth across geographies. The peripheral vascular devices and equipment market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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