Atherosclerotic plaques form in the arteries that carry blood to organs and limbs. It's also called peripheral artery occlusive disorder (PAOD), peripheral artery disease, PAD or peripheral obsliterative arteriopathy. It includes diseases that affect both the peripheral veins as well as the peripheral arteries. The market for peripheral vascular devices includes IVC filters and angiography catheters. EVAR stent grafts, hemodynamic flux alteration and plague modification devices can also be used to treat peripheral arterial and coronary disease. These devices reduce interference from patients and cause minimal disturbance during surgery. Global peripheral vascular device market is expected to grow due to the rising prevalence of CVI (Chronic Venous Insufficiency), a venous disease. Other drivers include a growing global geriatric population, which will trigger the incidence rates of target diseases. There is also an increasing demand for minimally invasive procedures due to their quicker recovery times, less scaring, and lower chances of infection. The market for peripheral vascular devices will be boosted by the rising prevalence of disease-causing eating and lifestyle habits, such as smoking cigarettes and high consumption of alcohol. This will increase the incidence of cardiovascular arrest and blood clotting.
Based on its actions, the overall market for peripheral vascular devices is divided into nine products: peripheral vascular stents; chronic total obstruction devices; peripheral transluminal and balloon catheters; atherectomy devices; PTA guidewires; aortic ortic stents; embolic protection devices. Synthetic surgical grafts are also available. Most commonly, stenting is used to treat problems with the coronary arteries. It's a mesh tube that is inserted into the body's arteries, veins, or other natural passages to prevent or counter disease-induced localized flow restriction.
Peripheral Vascular Equipments Market by Product, 2013, 2013
There are many types of stents available on the market, including a drug-eluting, bare-metal, covered, dual-therapy, and bioengineered. The combination of balloon surgery and peripheral stents is more common. This allows blood to flow freely through blocked veins. It can also be used to repair an aneurysm. The majority of peripheral vascular device market share is held by stents and balloons. Peripheral transluminal-angioplasty balloon catheters, also known as angioplasty. A catheter is inserted into the veins of the wrist, wrist, and arms to help eliminate blood clotting. Atherectomy, a minimally invasive surgical procedure, is used to remove atherosclerosis from large blood vessels.
The market for peripheral devices is divided into North America and Europe, Asia-Pacific, RoW, and Asia-Pacific. In 2013, North America was the most important regional market for peripheral vascular products. Its large market share is due to the high adoption rates for minimally invasive surgery, as well as the high level of patient awareness and healthcare spending. Asia-Pacific is expected to lead the regional peripheral vascular device market in the period 2014-2020, due to the large number of unmet medical needs. The overall market is expected to grow due to the rapid development of healthcare infrastructure and rising disposable income levels of patients in emerging markets like India and China.
Abbott Laboratories and Edward Lifesciences Corporation are key players in the peripheral vascular device market.
Up Market Research published a new report titled “Peripheral Vascular Devices Market research report which is segmented by Product (Aortic Stents, Peripheral Vascular Stents, Synthetic Surgical Grafts, Atherectomy Devices, PTA Guidewires, Chronic Total Occlusion Devices, Peripheral Transluminal Angioplasty Balloon Catheters, Embolic Protection Devices & Inferior Vena Cava Filters), By Players/Companies lesser chances of post-surgery infections In addition, lesser scaring, blood clotting, growing prevalence of disease-causing lifestyle and eating habits such as high consumption of alcohol, increasing demand for minimally invasive endovascular procedures on account of their shorter recovery time, other vascular diseases, smoking cigarettes is expected to boost peripheral vascular devices market demand by triggering the incidence rates of cardiac arrest, growing global geriatric population base triggering incidence rates of target diseases, tobacco products”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Peripheral Vascular Devices Market Research Report |
By Product | Aortic Stents, Peripheral Vascular Stents, Synthetic Surgical Grafts, Atherectomy Devices, PTA Guidewires, Chronic Total Occlusion Devices, Peripheral Transluminal Angioplasty Balloon Catheters, Embolic Protection Devices & Inferior Vena Cava Filters |
By Companies | lesser chances of post-surgery infections In addition, lesser scaring, blood clotting, growing prevalence of disease-causing lifestyle and eating habits such as high consumption of alcohol, increasing demand for minimally invasive endovascular procedures on account of their shorter recovery time, other vascular diseases, smoking cigarettes is expected to boost peripheral vascular devices market demand by triggering the incidence rates of cardiac arrest, growing global geriatric population base triggering incidence rates of target diseases, tobacco products |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 247 |
Number of Tables & Figures | 173 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Aortic Stents, Peripheral Vascular Stents, Synthetic Surgical Grafts, Atherectomy Devices, PTA Guidewires, Chronic Total Occlusion Devices, Peripheral Transluminal Angioplasty Balloon Catheters, Embolic Protection Devices & Inferior Vena Cava Filters).
Peripheral Vascular Devices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Peripheral Vascular Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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