Peripheral Interventions Market is Anticipated to Expand upto $14.06 Billion in 2029

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What Is the Forecasted Market Growth Rate of the Peripheral Interventions Industry?
The market for peripheral interventions has been consistently expanding throughout the past few years. Its growth is expected to continue, rising from $9.16 billion in 2024 to a projected $10.00 billion in 2025, indicating a compound annual growth rate (CAGR) of around 9.1%. Factors contributing to this growth during the historic period include a surge in diabetes and hypertension cases, the accelerated demand for outpatient and same-day procedures, enhanced awareness and screening initiatives, the rising approval and clinical evidence for innovative devices, and an escalating prevalence of lifestyle-linked disorders.

How Will the Peripheral Interventions Market Size Evolve From 2025 to 2029?
In the coming years, the market size of peripheral interventions is projected to experience robust growth, expected to reach a value of $14.06 billion in 2029 with a compound annual growth rate (CAGR) of 8.9%. This growth throughout the forecast period can be linked to factors such as increased preference among patients for shorter duration hospital stays, the growth in vascular access procedures demand, enhanced reimbursement provisions for peripheral procedures, an intensified focus on early diagnosis facilitated by imaging technologies, and the expanding reach of healthcare services in rural and underserved areas. The forecast period is also likely to observe trends such as progress in intravascular imaging technologies, progressions in drug-eluting devices, advancements in robotic-assisted peripheral interventions, integration of telehealth and remote monitoring systems, and evolution in biodegradable stents and scaffolds.

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What Are the Main Growth Drivers in the Peripheral Interventions Market Today?
The growth of the peripheral interventions market is anticipated to be spurred by the growing preference for minimally invasive procedures. These procedures involve conducting surgeries or interventions via small cuts or natural openings in the body, leading to less trauma, decreased pain and quicker recovery time compared to traditional open surgeries. An upsurge in these minimally invasive methods is stimulated by advances in surgical technologies and medical imaging, ensuring accuracy and safety during surgeries. Peripheral interventions aid in minimally invasive procedures by providing targeted treatment for vascular diseases via small incisions, thus lowering the necessity for open surgery. For example, the American Society of Plastic Surgeons, a US-based professional group, stated in June 2024 that the total number of minimally invasive procedures carried out in 2023 amounted to approximately 25.4 million, marking a 7% rise from 2022. As such, the proliferating need for minimally invasive surgeries significantly contributes to the expansion of the peripheral interventions market.

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Which Peripheral Interventions Market Segment Is Expected to Lead Through 2029?
The peripheral interventions market covered in this report is segmented -

1) By Product Type: Catheters, Sheath, Stents, Guide Wires, Atherectomy Devices, Embolic Devices, Thrombectomy Devices, Inferior Vena Cava (IVC) Filters, Other Types
2) By Technology: Drug-Eluting Stents, Balloon-Expandable Stents, Self-Expanding Stents, Rotational Atherectomy, Directional Atherectomy
3) By Application: Peripheral Artery Disease, Venous Thromboembolism, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Clinics, Research Institutes

Subsegments:

1) By Catheters: Angiographic Catheters, Balloon Catheters, Guiding Catheters, Support Catheters
2) By Sheath: Introducer Sheaths, Guiding Sheaths
3) By Stents: Bare Metal Stents, Drug-Eluting Stents, Covered Stents, Self-Expanding Stents, Balloon-Expandable Stents
4) By Guide Wires: Hydrophilic Guide Wires, Nitinol Guide Wires, Stainless Steel Guide Wires
5) By Atherectomy Devices: Directional Atherectomy Devices, Rotational Atherectomy Devices, Orbital Atherectomy Devices, Laser Atherectomy Devices
6) By Embolic Devices: Embolization Coils, Embolic Protection Devices, Liquid Embolic Agents
7) By Thrombectomy Devices: Mechanical Thrombectomy Devices, Aspiration Thrombectomy Devices, Rheolytic Thrombectomy Devices
8) By Inferior Vena Cava (IVC) Filters: Permanent Filters, Retrievable Filters
9) By Other Types: Vascular Closure Devices, Hemostatic Agents, Guide Catheter

Which Market Trends Are Expected to Dominate Peripheral Interventions Industry Growth?
Leading businesses in the peripheral interventions market are prioritizing the creation of groundbreaking solutions, such as peripheral intravascular lithotripsy catheters, with the aim of bolstering the safety and effectiveness of calcified peripheral artery disease treatment. These catheters are tools that employ acoustic pressure waves to fragment calcified plaque in peripheral arteries, simplifying and enhancing the safety of angioplasty or stent placement. For example, Shockwave Medical Inc., an American medical device firm, introduced the Shockwave Javelin Peripheral IVL Catheter in March 2025. This innovative catheter was developed with the intent of assisting patients with peripheral artery disease (PAD) who have hard-to-cross, heavily calcified lesions. This unique catheter includes a 150 cm working length and a sole distal emitter that can emit up to 120 shockwave pulses, producing a spherical energy field that modifies calcium and enables the device to traverse severely constricted or obstructed vessels which other devices might not be able to achieve. Clinical trials have proven that the Javelin shares a similar safety and effectiveness profile as existing balloon-based IVL catheters, bringing forth a novel technique for treating complicated calcified peripheral lesions and elevating procedural success rates for PAD patients.

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Which Companies Hold the Largest Market Share in the Peripheral Interventions Sector?
Major companies operating in the peripheral interventions market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic plc, Siemens Healthineers AG, Becton Dickinson and Company, Koninklijke Philips N.V., Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Getinge AB, Teleflex Incorporated, Cook Group Incorporated, Merit Medical Systems Inc., Lepu Medical Technology (Beijing) Co. Ltd., Cordis Corporation, MicroPort Scientific Corporation, Penumbra Inc., W. L. Gore & Associates Inc., Reflow Medical Inc., ArtVentive Medical Group Inc.

Where Is the Peripheral Interventions Market Experiencing the Highest Growth?
North America was the largest region in the peripheral interventions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peripheral interventions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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