Peripheral Vascular Devices Market Gears Up for 5.4% CAGR Growth 2030


Posted March 8, 2024 by shinde

The Peripheral Vascular Devices Market was valued at USD 10.86 billion in 2023 and is expected to grow to USD 15.69 billion by 2030, representing a compound annual growth rate (CAGR) of 5.4% during the forecast period
 
Peripheral Vascular Devices Market Overview

An in-depth examination of the complex dynamics of the Peripheral Vascular Devices market business is provided by the overview. The report contains segment- and region-specific sales estimates in addition to global, regional, and national market revenue projections. Professionals who wish to stay one step ahead of the competition should read the report because it highlights the fierce competition in the field.

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Peripheral Vascular Devices Market Report Scope and Research Methodology

Using a range of research techniques, the study offers a thorough commercial and market-oriented examination of the Peripheral Vascular Devices market. When studying the market, a number of aspects are taken into account, including technology advancements, geographic location, income, financial health, portfolio, and mergers and acquisitions. In order to determine the Peripheral Vascular Devices industry's potential for growth and future business, the report carefully looks at both recently founded and established businesses.

By giving them a thorough picture of the Peripheral Vascular Devices market, the analysis in the study helps stakeholders, investors, market participants, followers, and new entrants create their investment strategies and marketing plans. The study's bottom-up methodology estimates the Peripheral Vascular Devices market's overall size by combining data from multiple market segments.

Peripheral Vascular Devices Market Regional Insights

The research offers a thorough examination of each field's growth potential, challenges, competitive environment, and predictions for the future. Forecasts for market segments in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are included in the report. A ranking of the top nations in each category and market projections for those nations are also included in the report.

Peripheral Vascular Devices Market Dynamics

The Peripheral Vascular Devices Market is on a trajectory of robust growth, with a valuation of USD 10.86 billion in 2023. Projections indicate a substantial increase, reaching USD 15.69 billion by 2030. This reflects a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period, highlighting significant expansion and evolving dynamics within the medical devices sector.

Several factors contribute to the dynamic growth of the Peripheral Vascular Devices Market. Firstly, the increasing prevalence of peripheral vascular diseases (PVDs), such as peripheral artery disease (PAD), deep vein thrombosis (DVT), and venous insufficiency, drives the demand for peripheral vascular devices. These conditions pose significant health risks and complications, including limb ischemia, tissue necrosis, and stroke, necessitating interventions such as angioplasty, stenting, and thrombectomy, thus fueling market growth.

Peripheral Vascular Devices Market Segmentation

by Device Type

Peripheral Vascular Stents
Self-Expanding Stents
Balloon Expanding Stents
Covered Stents
Drug-Eluting Stents
Drug Eluting Balloons
Peripheral Vascular Bioresorbable Scaffolds

by Indication

Target Artery Instability (TAI)
Access Artery Injury (AAI)
Peripheral Arterial Disease
Arteriovenous Fistulas
Peripheral Aneurysms
Others

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Peripheral Vascular Devices Market Key Players

North America
1. Abbott Laboratories (USA)
2. Boston Scientific Corporation (USA)
3. Cook Medical Incorporated (USA)
4. Cardinal Health, Inc. (USA)
5. Cordis Corporation (USA)
6. Penumbra, Inc. (USA)
7. Johnson & Johnson (USA)
8. AngioDynamics, Inc. (USA)
9. Endologix, Inc. (USA)
10. Teleflex Incorporated (USA)
11. C.R. Bard, Inc. (USA)
12. Edwards Lifesciences Corporation (USA)
13. Merit Medical Systems, Inc. (USA)
Europe:
1. Medtronic plc (Ireland)
2. B. Braun Melsungen AG (Germany)
3. Biotronik SE & Co. KG (Germany)
4. Lombard Medical Technologies (United Kingdom)
5. Jotec GmbH (Germany)

Key questions answered in the Peripheral Vascular Devices Market are:

What does Peripheral Vascular Devices mean?
What are the elements propelling the growth of the Peripheral Vascular Devices Market?
What are the primary obstacles preventing the Peripheral Vascular Devices Market from expanding?
In 2021, what was the Peripheral Vascular Devices market size?
Which recent developments do you believe will boost sales for the Peripheral Vascular Devices market expansion?
Which industry trends are there currently that the Peripheral Vascular Devices Market can capitalize on to create new revenue streams?
What expansion plans are the players considering in order to solidify their positions in the Peripheral Vascular Devices Market?
Who held the largest market share in the Peripheral Vascular Devices Market?
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Key Offerings:

The market's size and degree of competition Past Information (2018–2021)
Historical prices in addition to regional price curves (2018–2021).
The market's size, share, forecast, and dimensions for each category from 2022 to 2029.
market segmentation: a thorough examination by geographic area that considers the sub-segments within each segment;
market dynamics: notable developments, prospects, space for growth, and regional restrictions;
Competitive landscape: strategic profiles of prominent competitors by region; competitive benchmarking of significant enterprises by region; competitive environment: industry leaders, laggards, and local companies; Porter's assessment; PESTLE analysis.
SWOT evaluation of profitable business ventures.
localized corporate legal components;
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Pune, Maharashtra 411041, India
Country India
Categories Automotive , Business
Tags peripheral vascular devices market share , peripheral vascular devices market , peripheral vascular devices market business , peripheral vascular devices market scope , peripheral vascular devices market research , peripheral vascular devices market demand
Last Updated March 8, 2024