According to the latest report from Future Market Insights, the global peripheral vascular devices market is poised for substantial growth over the next decade. The market, currently valued at USD 4.7 billion in 2022, is projected to expand at a compound annual growth rate (CAGR) of 6.6%, reaching a valuation of USD 8.9 billion by 2032.
The study highlights the dominance of peripheral vascular stents, which accounted for approximately 78.5% of the market share in 2021. These devices play a critical role in treating vascular diseases by helping to open narrowed arteries and restore proper blood flow, contributing to the growing demand for peripheral vascular devices worldwide.
Crucial information and forecast statistics covered in the Peripheral Vascular Devices market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
Peripheral Vascular Devices Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Peripheral Vascular Devices market. Competitive information detailed in the Peripheral Vascular Devices market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Peripheral Vascular Devices market report.
Key players covered in the report include:
- Abbott Laboratories
- Boston Scientific Corporation
- Cook Medical Inc.
- MicroPort Scientific Corporation
- Medtronic Plc.
- Cardinal Health, Inc.
- Others
Important Questions Answered in the Peripheral Vascular Devices Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Peripheral Vascular Devices market been expanding during the forecast period?
- How will the global Peripheral Vascular Devices market look like by the end of the forecast period?
- What innovative strategies are adopted by Peripheral Vascular Devices market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Peripheral Vascular Devices market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Peripheral Vascular Devices market
Peripheral Vascular Devices Market: Segmentation
Valuable information covered in the FMI’s Peripheral Vascular Devices market report has been segregated into key segments and sub-segments.
By Product:
- 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
By Artery:
- Carotid Artery
- Fem-Pop Artery
- lliac Artery
- Infrapop Artery
By End User:
- Hospitals
- Ambulatory Surgical Centers/Outpatients
- Cardiac Catheterization Labs
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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