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Peripheral Vascular Devices Market 2022 Segment, Key Players Analysis and Forecast| Teleflex Medical, Volcano Corporation, Edward Lifesciences

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It is also known as peripheral artery occlusive disease (PAOD) or peripheral artery disease (PAD) or peripheral obliterative arteriopathy. It comprises diseases pertaining to both peripheral veins and peripheral arteries, affecting the peripheral and cardiac circulation in the body. Peripheral vascular devices market includes IVC filters, angiography catheters, EVAR stent-grafts, hemodynamic flow alteration, and plague modification devices are used for treating peripheral arterial or coronary arterial disease and also used in the peripheral endovascular and coronary procedure. These devices are used to decrease the interference of patients with a minimum disturbance during the surgical procedure. The rising global prevalence of venous diseases or CVI (Chronic Venous Insufficiency) is expected to drive the global peripheral vascular devices market.

The global peripheral vascular devices market was pegged at ~US$ 9.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of ~ 6.3% from 2022 to 2030.

Some of the other drivers of this market include growing global geriatric population base triggering incidence rates of target diseases, increasing demand for minimally invasive endovascular procedures on account of their shorter recovery time, lesser scaring, and lesser chances of post-surgery infections. In addition, growing prevalence of disease-causing lifestyle and eating habits such as high consumption of alcohol, tobacco products, and smoking cigarettes is expected to boost peripheral vascular devices market demand by triggering the incidence rates of cardiac arrest, blood clotting, and other vascular diseases.

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Key players:

  • Angioscore Inc.
  • Edward Lifesciences Corporation
  • Boston Scientific Corporation
  • Medtronic Inc.
  • St. Jude Medical
  • Teleflex Medical
  • Volcano Corporation
  • Teleflex Medical
  • Edward Lifesciences
  • Cook Group Inc.
  • Cordis Corporation
  • St. Jude Medical
  • Terumo Interventional Systems Inc.
  • Bayer

By Type:

  • Angioplasty Balloon & Stent
  • Catheters
  • Endovascular Aneurysm Repair Stent Grafts
  • Embolic Protection Devices
  • Plaque Modification Devices
  • Guidewires

Regional Analysis-

  • The Asia-Pacific market is anticipated to grow at a higher CAGR during the forecast period.
  • Major factors contributing to the growth of Peripheral Vascular Devices market in this region include the rising incidence of chronic infectious diseases, rising awareness regarding growing applications of Peripheral Vascular Devices, and increasing research activities in the field of Peripheral Vascular Devices.
  • The emergence of local players and new product launches has also played a critical role in boosting the Peripheral Vascular Devices market in this region.

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Key Questions Answered in the Report Include:

(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.

(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?

(3) What are the major global Peripheral Vascular Devices Market trends influencing the development of the market?

(4) What are the vital results of SWOT analysis of the major players operating in the Peripheral Vascular Devices Market?

(5) What are the potential growth opportunities and threats faced by Major competitors in the market?

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