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Peripheral Intervention Market Set to Grow at an Impressive CAGR of 7.77% Through 2034 | USD 14.90 Billion

07-15-2025 03:20 PM CET | Health & Medicine

Press release from: Market Research Future (MRFR)

Peripheral Intervention Market

Peripheral Intervention Market

Google Updates and Peripheral Intervention Market Growth Signal a New Era in Minimally Invasive Healthcare

Google has announced its latest healthcare technology enhancements, contributing to a rapidly transforming global Peripheral Intervention Market. As the demand for minimally invasive procedures surges, Google's advancements in AI-driven imaging, predictive diagnostics, and healthcare cloud infrastructure are helping shape a dynamic future for peripheral intervention technologies.

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Key Players in the Peripheral Intervention Market

Major players are leveraging partnerships, acquisitions, and next-gen innovations to stay ahead.

Key companies include:

Medtronic plc

Boston Scientific

Abbott

Terumo Corporation

Philips Healthcare

Cook Medical

Becton, Dickinson and Company (BD)

Stryker

Edwards Lifesciences

Meril Life Sciences

Johnson & Johnson

Siemens Healthineers

Cardinal Health

These players are at the forefront of device innovation, with a focus on drug-coated balloons, robotic-assisted interventions, and smart stenting systems integrated with real-time data platforms such as those offered by Google Cloud.

Peripheral Intervention Market Overview

According to Market Research Future (MRFR), the Peripheral Intervention Market size was valued at USD 7.05 billion in 2024 and is projected to grow to USD 14.90 billion by 2034, registering a compound annual growth rate (CAGR) of 7.77% between 2025 and 2034. The sector is gaining momentum due to increased investment, a growing elderly population, and breakthroughs in endovascular procedures.

The latest Google developments-particularly in AI for real-time vascular navigation, data-driven clinical decision support, and secure patient data handling-are poised to strengthen the global infrastructure supporting these interventions.

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Market Scope and Drivers
Key Growth Drivers Include:

Technological Advancements: Robotics, AI-enhanced imaging, and bioresorbable devices are improving clinical outcomes and procedural efficiency.

Increasing Prevalence of Peripheral Artery Disease (PAD): Aging populations and chronic conditions are leading to higher intervention volumes.

Shift to Minimally Invasive Procedures: Patient-centric care and reduced recovery times fuel adoption across global healthcare systems.

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Market Segmentation

By Intervention Type

Atherectomy - USD 1.2B by 2032 (CAGR 7.5%)

Stent Implantation - USD 2.5B by 2032 (CAGR 8.2%)

Angioplasty - USD 4.2B by 2029 (CAGR 7.8%)

Thrombectomy - USD 1.1B by 2032 (CAGR 8.1%)

Embolization - USD 1.3B by 2032 (CAGR 8.0%)

By Device Type

Catheters

Stents

Guide Wires

Balloons

Embolic Coils

By Indication

Coronary Artery Disease

Stroke

Peripheral Arterial Disease

Renal Artery Stenosis

Carotid Artery Stenosis

By Technology

Drug-Eluting Stents - Leading segment (35.7% share in 2023)

Balloon-Expandable Stents

Self-Expanding Stents

Rotational & Directional Atherectomy

By End-User

Hospitals (65% market share in 2023)

Ambulatory Surgical Centers

Clinics

Research Institutes

Regional Insights

North America dominates (40% market share), driven by strong reimbursement systems and technology adoption.

Europe holds 30% of global share, backed by aging demographics and public health initiatives.

Asia Pacific (APAC) is the fastest-growing region, with rising disposable incomes and expanding healthcare access.

South America and MEA represent emerging markets with untapped growth potential, driven by expanding healthcare infrastructure.

Recent Industry Developments

Google Health's AI suite for vascular imaging now supports procedural planning and real-time intervention monitoring across key hospitals.

Boston Scientific launched a next-gen drug-eluting stent system targeting PAD in high-risk populations.

Medtronic's AI-powered guidance system for peripheral navigation recently received FDA clearance.

Collaborations between Google and major medtech firms aim to unify imaging and data analytics for personalized vascular treatment.

Looking Ahead

With strong support from technology leaders like Google and increasing demand for effective, minimally invasive procedures, the Peripheral Intervention Market is positioned for robust growth through 2034. Stakeholders should expect enhanced patient outcomes, operational efficiencies, and innovation across the board.

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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

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