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Rising Incidence Of Peripheral Artery Diseases Drives Peripheral Vascular Devices Market: A Significant Driver Propelling The Peripheral Vascular Devices And Equipment Market In 2025
The Peripheral Vascular Devices And Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Peripheral Vascular Devices And Equipment Market Size and Projected Growth Rate?
The peripheral vascular devices and equipment market has experienced strong growth, increasing from $10.62 billion in 2024 to $11.37 billion in 2025 at a CAGR of 7.1%. The market growth is attributed to the rising prevalence of cardiovascular diseases, the aging population, chronic disease management, and ongoing clinical research.
The peripheral vascular devices and equipment market is projected to grow steadily, reaching $13.44 billion by 2029 at a CAGR of 4.3%. Market drivers include less invasive procedures, integration of telehealth, expanded global access, and drug-coated technology. Key trends include AI-driven vascular care, robotic-assisted treatment, point-of-care diagnostics, and biodegradable scaffolding.
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What Are the Major Segments in the Peripheral Vascular Devices And Equipment Market?
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
Subsegments:
1) By Peripheral Vascular Stents: Balloon-expandable Stents, Self-expanding Stents
2) By Percutaneous Transluminal Angioplasty Balloons: Drug-coated Balloons, Non-drug-Coated Balloons
3) By Catheters: Diagnostic Catheters, Therapeutic Catheters
4) By PTA Guide Wires: Hydrophilic Guide Wires, Non-hydrophilic Guide Wires
5) By Atherectomy Devices: Rotational Atherectomy Devices, Orbital Atherectomy Devices, Laser Atherectomy Devices, Directional Atherectomy Devices
6) By Chronic Total Occlusion Devices: CTO crossing devices, CTO re-entry devices
7) By Aortic Stents: Self-expanding Aortic Stents, Balloon-expandable Aortic Stents
8) By Synthetic Surgical Grafts: Polyester Grafts, Polytetrafluoroethylene (PTFE) Grafts, Dacron Grafts
9) By Embolic Protection Devices: Distal Protection Devices, Proximal Protection Devices
10) By Inferior Vena Cava Filters: Permanent Filters, Retrievable Filters
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What Are The Driving Peripheral Vascular Devices And Equipment Market Evolution?
The increasing prevalence of peripheral artery diseases (PAD) is accelerating the peripheral vascular devices and equipment market. PAD is caused by plaque buildup that narrows arteries and limits blood flow, particularly to limbs and critical organs. It affects more than 230 million adults globally and is linked to increased risks of cardiovascular complications and limb amputations. According to the CDC, around 8.5 million individuals in the U.S. are affected by PAD, with 12-20% of them aged over 60.
Which Firms Dominate The Peripheral Vascular Devices And Equipment Market Segments?
Major companies operating in the peripheral vascular devices and equipment market include Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Cook Group, Angiomed GmbH & Co. Medizintechnik KG, Terumo Corporation, ENDOLOGIX Inc., Bolton Medical Inc., JOTEC GmbH, Clearstream Technologies, Aesculap AG, Curative Medical Devices, Lepu Medical Technology, MicroPort, Bioteque Corporation Co.Ltd., Cardinal Health, iVascular, B. Braun Group, Biosensors International Group, BIOTRONIK SE & Co., COVIDien, Volcano Corporation, AngioScore, Edwards Lifesciences Corporation, Cordis Corporation, Koninklijke Philips N.V., Nipro Corporation, Bluesail Medical Co. Ltd, Rex Medical, Teleflex Incorporated, Penumbra Inc., Lombard Medical Technologies PLC, W.L. Gore & Associates Inc., Merit Medical Systems Inc., Vascular Solutions Inc., LeMaitre Vascular Inc., Spectranetics Corporation
What Trends Are Driving Growth in The Peripheral Vascular Devices And Equipment Market?
Companies in the peripheral vascular devices market are advancing products like larger-diameter catheters to improve the treatment of peripheral artery diseases. Shockwave Medical Inc. launched the L6 Peripheral IVL catheter in March 2023. This device is designed to treat calcification in large peripheral vessels, such as the iliac and femoral arteries, improving procedural success rates and reducing complications.
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Which Is The Largest Region In The Peripheral Vascular Devices And Equipment Market?
North America was the largest region in global peripheral vascular devices and equipment market in 2023. Western Europe was the second-largest region in global peripheral vascular devices and equipment market. The regions covered in the peripheral vascular devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Peripheral Vascular Devices And Equipment Market?
2. What is the CAGR expected in the Peripheral Vascular Devices And Equipment Market?
3. What Are the Key Innovations Transforming the Peripheral Vascular Devices And Equipment Industry?
4. Which Region Is Leading the Peripheral Vascular Devices And Equipment Market?
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