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Peripheral Interventions Market Size, Share, Growth Report 2024-2031 | Angioscore Ltd., Cordis Corp., Boston Scientific, Cook Medical, Medtronic Inc., Volcano Corporation, Terumo Interventional
Peripheral Interventions Market is estimated to grow at a CAGR of 9% during the forecast period 2024-2031.The Peripheral Interventions Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.
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Peripheral Interventions Market Overview:
Peripheral interventions refer to medical procedures used to treat conditions affecting the peripheral vascular system, which includes the arteries and veins located outside of the heart and brain. These interventions are commonly used to manage vascular disorders such as peripheral artery disease (PAD), deep vein thrombosis (DVT), and other related circulatory conditions.
Advancements in medical device technology particularly in minimally invasive techniques and next-generation stent designs have broadened the scope of treatable conditions while enhancing safety and procedural outcomes. The rising incidence of vascular diseases like PAD and DVT is a major driver of market growth, fueling demand for innovative peripheral intervention solutions.
Peripheral Interventions Industry Trends:
Rising Prevalence of Peripheral Artery Disease (PAD)
Peripheral Artery Disease (PAD) continues to be a growing global health concern. According to Life Journal (2022), the European region recorded the highest prevalence rate at 7.99%, with the majority of cases occurring in individuals aged 45-54. In contrast, the African region reported the lowest prevalence at 4.06%. Remarkably, around 68% of the global PAD burden was concentrated in just fifteen countries, with China, India, and the United States accounting for the highest number of cases.
As per data from an international organization (2020), India alone is estimated to have between 41 and 54 million individuals affected by PAD. Additionally, 4.2 to 6.2 million people in the country are believed to suffer from critical limb ischemia, a severe form of the disease. Major risk factors contributing to PAD include type 2 diabetes, smoking, and high cholesterol levels-all of which lead to the buildup of arterial plaque and restricted blood flow.
In terms of treatment, the Eluvia Drug-Eluting Stent and the Ranger Drug-Coated Balloon have emerged as the first PAD-specific devices backed by level-one randomized controlled trials (RCTs). Boston Scientific offers both of these drug-eluting therapies, each supported by direct comparative efficacy studies. The choice of treatment typically depends on patient-specific factors and the nature of the arterial lesion.
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Strategic Key Players Driving the Peripheral Interventions Market Forward: Angioscore Ltd., Cordis Corp., Boston Scientific, Cook Medical, Medtronic Inc., Volcano Corporation, Terumo Interventional Systems Inc., Teleflex Medical, Edward Lifesciences.
Research Methodology:
The global Peripheral Interventions Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.
Segment Covered in the Peripheral Interventions Market:
By Product Type (Catheters, Sheath, Stents, Guide Wires, Atherectomy Devices, Embolic Devices, Thrombectomy Devices, IVC Filters, Others)
By Application (Peripheral Artery Disease, Venous Thromboembolism, Others)
By End-User (Hospitals, Catheterization Laboratories, Ambulatory Surgical Centres, Others)
By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa)
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Recent Developments
✅ September 2021: Abbott completed the acquisition of Walk Vascular, LLC, a medical device company specializing in minimally invasive technologies. Walk Vascular has developed a mechanical aspiration thrombectomy system designed to efficiently remove blood clots from peripheral vessels. This acquisition supports Abbott's expansion in the vascular care space by enhancing its portfolio of innovative treatment solutions for peripheral vascular disease.
Regional Analysis for Peripheral Interventions Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Most Frequently Asked Questions in the Peripheral Interventions Market Research Industry:
➠ Who leads the Peripheral Interventions industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Peripheral Interventions market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Peripheral Interventions market growth?
➠ What are the dominant sales and distribution strategies in the Peripheral Interventions industry?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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