Press release
Peripheral Interventions Market to Reach US$ 22.26 Billion by 2033 | Growing at a CAGR of 9.2% | North America Leads with 41.2% Share, Asia-Pacific Fastest-Growing | Key Players - Boston Scientific, Medtronic, Abbott, Terumo
Leander, Texas and Tokyo, Japan - Feb.4.2026As per DataM Intelligence research report "Peripheral Interventions Market reached US$9.41 billion in 2023 and is expected to reach US$22.26 billion by 2033, growing with a CAGR of 9.2% from 2025 to 2033"
The market is driven by rising prevalence of peripheral artery disease (PAD) and venous thromboembolism (VTE), fueled by aging populations, increasing diabetes and obesity rates, sedentary lifestyles, and smoking habits. Technological advancements in minimally invasive devices, including drug-eluting stents, atherectomy systems, smart technologies, robotics-assisted navigation, ultra-low-profile solutions, and intelligent devices with sensors for real-time adjustments support adoption. Despite challenges like high device and procedure costs limiting accessibility in low- and middle-income regions, demand remains strong due to preference for endovascular techniques and expanding infrastructure in hospitals and cath labs.
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Peripheral Interventions Market: Competitive Intelligence
Boston Scientific Corporation, Medtronic, Abbott, Terumo Corporation, Cook, B. Braun SE, BD, Cordis, Biotronik, W. L. Gore & Associates, Inc.
The Peripheral Interventions Market continues to gain structural strength through the combined influence of Boston Scientific Corporation, Medtronic, Abbott, Terumo Corporation, Cook, B. Braun SE, BD, Cordis, Biotronik, and W. L. Gore & Associates, Inc. Together, these companies support critical vascular interventions for PAD, VTE, DVT, and related conditions in hospitals, ASCs, and cath labs, where precision, minimally invasive delivery, lesion compatibility, and patient outcomes remain essential. Their portfolios address demanding requirements including drug-eluting and bioresorbable stents, advanced balloons, atherectomy tools, thrombectomy devices, and embolization solutions across complex peripheral anatomies. As a result, the Peripheral Interventions Market benefits from steady demand, rapid device innovation, and broad clinical relevance despite cost and reimbursement barriers.
The collective momentum created by these companies enhances the competitive depth of the Peripheral Interventions Market by combining global scale with specialized R&D in endovascular technologies. Boston Scientific Corporation, Medtronic, Abbott, and BD bring extensive manufacturing capabilities, FDA approvals, and focus on next-generation systems like resorbable scaffolds and IVL catheters that reinforce market leadership. At the same time, Terumo Corporation, Cook, B. Braun SE, and Biotronik contribute application-specific innovations, particularly in support catheters, guidewires, and specialized embolization tools. This balance of scale, technology, and geographic reach supports consistent product availability and adaptation to evolving procedural needs and regulatory standards.
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Product Launches & Partnerships
✅ December 2024 - Terumo Corporation (United States)
Terumo Interventional Systems (TIS) announced the U.S. launch of its R2P NaviCross peripheral support catheter for enhanced navigation in peripheral interventions.
✅ September 2024 - Shockwave Medical, Inc. (United States)
Shockwave Medical announced the full U.S. launch of its Shockwave E8 Peripheral IVL Catheter following FDA clearance for improved vessel preparation.
✅ April 2024 - Abbott (United States)
Abbott announced FDA approval of the Esprit BTK Everolimus Eluting Resorbable Scaffold System for treatment of chronic limb-threatening ischemia.
✅ March 2023 - Shockwave Medical, Inc. (United States)
Shockwave Medical announced the full U.S. commercial launch of the Shockwave L6 Peripheral IVL Catheter following FDA clearance.
Segment Covered in the Peripheral Interventions Market:
By Product Type
The market is segmented into Stents (24.8% share, dominant due to advancements in drug-eluting, covered, and bioresorbable scaffolds), Angioplasty Balloons, Catheters & Sheaths, Guide Wires, Atherectomy Devices, Embolic / Embolization Devices, Thrombectomy Devices, Inferior Vena Cava (IVC) Filters, Other Devices & Accessories.
By Intervention Type
Intervention types include Atherectomy, Stent Implantation (significant), Angioplasty, Thrombectomy, Embolization.
By Application
Applications include Peripheral Artery Disease (leading), Venous Thromboembolism, Deep Vein Thrombosis (DVT), and Others, with PAD driving volume due to high prevalence.
By End-User
End-users include Hospitals (dominant), ASCs, Cath Labs/Specialty Clinics, Others, driven by procedural volumes and infrastructure.
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Regional Analysis
North America - 41.2% Share (Largest)
North America holds the largest share (41.2% in 2024) due to advanced healthcare infrastructure, high adoption of endovascular technologies, significant PAD/VTE burden, favorable reimbursement, and strong presence of key manufacturers in the U.S. and Canada.
Europe
Europe supports growth through regulatory approvals, aging populations, and adoption of innovative devices in key countries.
Asia Pacific - Fastest-Growing
Asia Pacific is the fastest-growing region driven by rising prevalence of vascular diseases, improving healthcare access, urbanization, and increasing procedural volumes in China, India, and Japan.
Latin America
Latin America shows emerging growth with expanding access to interventional procedures.
Middle East & Africa
Middle East & Africa expands gradually with investments in cardiovascular care.
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Top Key Player:-
Abbott Laboratories
Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
Volcano Corporation
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