The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Peripheral Vascular Devices And Equipment Global Market Report 2023, the peripheral vascular devices and equipment market is expected to show significant growth in the forecast period.

Key insights from the peripheral vascular devices and equipment market forecast include:

1. Market Size

The global peripheral vascular devices and equipment market is expected to grow from $7.77 billion in 2022 to $8.27 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The market size of global peripheral vascular devices and equipment is expected to grow to $10.04 billion in 2027 at a CAGR of 5.0%.

2. Major Driver

Peripheral vascular device market boosted by rising peripheral artery disease (PAD) cases, affecting >230 million adults globally. PAD linked to cardiovascular risks and amputation. Incidence spikes with age; >20% of those 80+ have PAD. CDC reports 8.5 million in the USA with PAD; 12-20% aged >60.

View More On The Peripheral Vascular Devices And Equipment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/peripheral-vascular-devices-and-equipment-global-market-report

3. Key Trend

Bio-absorbable stents gain traction in the peripheral vascular device market, mitigating thrombogenic risk and improving clinical utility. They’re crafted from natural soluble materials, dissolving post-insertion to eliminate late stent thrombosis risk, safeguarding against inflammation or reduced blood flow. Companies increasingly focus on developing and launching bio-absorbable stents. For example, Boston Scientific plans to introduce its Synergy Megatron bioabsorbable polymer coronary stent system in 2020. Designed for large proximal vessels, it offers enhanced strength and can create tapered vessels, available in 3.5 mm to 5.0 mm diameters.

4. Largest Region

North America was the largest region in global peripheral vascular devices and equipment market in 2022.

5. Major Players

Major players in the food diagnostics market are Medtronic, Boston Scientific Corporation, Abbott, Cook group, Angiomed GmbH & Co., Medizintechnik KG, Terumo Corporation, ENDOLOGIX Inc., Bolton medical Inc., and JOTEC.

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Key Peripheral Vascular Devices And Equipment Market Segments

The global peripheral vascular devices and equipment market is segmented –

1) By Type: Peripheral vascular stents, Percutaneous transluminal angioplasty balloons, Catheters, PTA guide wires, Atherectomy devices, Chronic total acclusion devices, Aortic stents, Synthetic surgical grafts, Embolic protection devices, Inferior vena cava filters

2) By End User: Hospital applications, Clinic applications,

3) By Application: Treatment of Peripheral Blood Vessels Damaged, Treatment of Peripheral Blood Vessels Blockage

The Peripheral Vascular Devices And Equipment Global Market Report 2023  provides an in-depth analysis on the peripheral vascular devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the peripheral vascular devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Vascular Grafts Global Market Report 2023
Vascular Endothelial Growth Factor (VEGF) Inhibitor Global Market Report 2023
Peripheral IV Catheters Global Market Report 2023

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