Global Peripheral Vascular Devices Market to grow at a CAGR of 7.88% by 2030, Evaluates DelveInsight

According to DelveInsight's analysis, the growth of the peripheral vascular devices market is mainly driven by the increasing prevalence of cardiovascular and peripheral vascular diseases, approvals of advanced products, and the rising incidence of lifestyle-related conditions like diabetes and hypertension. Additionally, the expanding geriatric population is expected to further fuel market growth.

DelveInsight's "Peripheral Vascular Devices Market Insights, Competitive Landscape and Market Forecast-2030" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Peripheral Vascular Devices companies actively working in the market.

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Peripheral Vascular Devices Overview
Peripheral vascular devices are medical tools and implants used to diagnose and treat diseases of the blood vessels outside the heart and brain, such as those in the arms, legs, and abdomen. They include stents, balloons, catheters, grafts, and filters designed to restore or improve blood flow, treat blockages, and prevent complications like blood clots.

DelveInsight Analysis: The global peripheral vascular devices market, worth USD 9.63 billion in 2023, is expected to expand at a CAGR of 7.88% from 2024 to 2030, reaching around USD 15.13 billion by 2030.

Peripheral Vascular Devices Market Insights
Geographically, North America is anticipated to hold the largest share of the peripheral vascular devices market among all regions. Key factors driving this growth include the rising prevalence of cardiovascular diseases, advanced healthcare infrastructure, and the strong presence of leading market players in the region.

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Recent Developments in the Peripheral Vascular Devices Market Report
• In September 2024, Argon Medical Devices announced the introduction of the CLEANER VacTM Thrombectomy System, a newly designed solution for removing blood clots from the peripheral venous vasculature.
• In June 2021, AngioDynamics Inc. has obtained 510(k) clearance from the US Food and Drug Administration for its AlphaVac Mechanical Thrombectomy System, an off-circuit, versatile mechanical aspiration device designed for the non-surgical removal of emboli or thrombi from the vasculature.
• In May 2021, Transit Scientific has received CE Mark approval in the European Union for its XO Score® Scoring Sheath Platform, a device designed to aid in dilating stenotic material in the peripheral vasculature, including infrapopliteal, popliteal, and native or synthetic arteriovenous dialysis fistulae.
• Thus, owing to such developments in the market, rapid growth will be observed in the Peripheral Vascular Devices market during the forecast period

Key Players in the Peripheral Vascular Devices Market
Some of the key market players operating in the Peripheral Vascular Devices market include- Medtronic, Boston Scientific Corporation, B. Braun Melsungen AG, Braile Biomedica, JOTEC GmbH, Edwards Life Sciences Corporation, LeMaitre Vascular, Inc., W. L. Gore & Associates, Inc., Abbott, Cardiovascular Systems, Inc., AngioDynamics Inc, Control Medical Technology, LLC, Walk Vascular, LLC, Transit Scientific, Conic Vascular, and others.

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Analysis on the Peripheral Vascular Devices Market Landscape
Drug-eluting balloon catheters provide immediate, uniform, and sustained delivery of drug particles to the vessel wall. They can be used independently or alongside a bare metal stent with minimal complications. Designed to inhibit cell division, these balloons help reduce restenosis, or the re-narrowing of vessels after treatment. The multiple benefits of drug-eluting PTA balloon catheters are expected to boost their demand, thereby driving the overall growth of the peripheral vascular devices market.

Scope of the Peripheral Vascular Devices Market Report
• Coverage: Global
• Study Period: 2021-2030
• Peripheral Vascular Devices Market Segmentation By Product Type: Percutaneous Transluminal Angioplasty Balloon Catheters [Normal, Drug-Eluting, Cutting, and Scoring], Angioplasty Stents [Drug-Eluting, Bare-Metal, and Expandable
• Peripheral Vascular Devices Market Segmentation By Plaque Modification Devices: Arthrectomy Devices and Thrombectomy Devices
• Peripheral Vascular Devices Market Segmentation By End User: Hospitals, Ambulatory Surgical Centers, and Others
• Peripheral Vascular Devices Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Peripheral Vascular Devices Companies: Medtronic, Boston Scientific Corporation, B. Braun Melsungen AG, Braile Biomedica, JOTEC GmbH, Edwards Life Sciences Corporation, LeMaitre Vascular, Inc., W. L. Gore & Associates, Inc., Abbott, Cardiovascular Systems, Inc., AngioDynamics Inc, Control Medical Technology, LLC, Walk Vascular, LLC, Transit Scientific, Conic Vascular, and others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View

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Contact Us
Gaurav Bora
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About DelveInsight
DelveInsight is a leading Business Consultant and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing end-to-end comprehensive solutions to improve their performance.
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This release was published on openPR.