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What Is the Outlook for the Peripheral Interventions Market Heading Into 2029?

The market size for peripheral interventions has been on a strong upward trajectory in recent years. It is projected to escalate from $9.16 billion in 2024 to $10.00 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%. The substantial growth during the historic period can be accredited to the increasing prevalence of diabetes and hypertension, higher demand for outpatient and same-day medical procedures, expansion of awareness and screening programs, mounting clinical validation and sanctioning of innovative devices, and the increasing toll of lifestyle-associated disorders.

The market size for peripheral interventions is predicted to experience significant expansion in the coming years, with the value projected to reach $14.06 billion in 2029, reflecting a compound annual growth rate (CAGR) of 8.9%. The augmentation over the forecast period can be linked to the increasing appeal for vascular access processes and patients favoring shorter durations of hospitalization. Further contributing factors include the rising access to compensation for peripheral operations, the increasing emphasis on early detection via imaging technologies, and the expanding accessibility of healthcare in rural and underserviced areas. Key trends observed in the forecast period comprise advances in intravascular imaging technologies, the evolution of technology in drug-eluting devices, progress in robotic-assisted peripheral interventions, the inclusion of telehealth and remote supervising systems, and advancements in biodegradable stents and scaffolds.

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Which Factors Are Pushing The Peripheral Interventions Market Forward?

The anticipated increase in demand for minimally invasive procedures is predicted to fuel the rise of the peripheral interventions market. Such procedures involve surgical interventions or surgeries performed through minuscule incisions or naturally occurring body openings, leading to less trauma, diminished pain, and expedited recovery compared to traditional open surgery. Enhanced precision and safety in operations, brought about by improvements in surgical technologies and medical imaging, are the key drivers of this surge in minimally invasive procedures. Peripheral interventions augment minimally invasive procedures by facilitating targeted treatment of vascular conditions via small incisions, thus obviating the need for open surgery. For instance, the American Society of Plastic Surgeons, a professional body based in the US, reported that approximately 25.4 million minimally invasive procedures were done in 2023, depicting an increase of 7% compared to 2022. Consequently, the mounting demand for minimally invasive procedures is pushing forward the expansion of the peripheral interventions market.

Which Segment Held The Largest Share In The Peripheral Interventions Market In 2025?

The peripheral interventions market covered in this report is segmented –

1) By Product Type: Catheters, Sheath, Stents, Guide Wires, Atherectomy Devices, Embolic Devices, Thrombectomy Devices, Inferior Vena Cava (IVC) Filters, Other Types

2) By Technology: Drug-Eluting Stents, Balloon-Expandable Stents, Self-Expanding Stents, Rotational Atherectomy, Directional Atherectomy

3) By Application: Peripheral Artery Disease, Venous Thromboembolism, Other Applications

4) By End User: Hospitals, Ambulatory Surgical Centers, Clinics, Research Institutes

Subsegments:

1) By Catheters: Angiographic Catheters, Balloon Catheters, Guiding Catheters, Support Catheters

2) By Sheath: Introducer Sheaths, Guiding Sheaths

3) By Stents: Bare Metal Stents, Drug-Eluting Stents, Covered Stents, Self-Expanding Stents, Balloon-Expandable Stents

4) By Guide Wires: Hydrophilic Guide Wires, Nitinol Guide Wires, Stainless Steel Guide Wires

5) By Atherectomy Devices: Directional Atherectomy Devices, Rotational Atherectomy Devices, Orbital Atherectomy Devices, Laser Atherectomy Devices

6) By Embolic Devices: Embolization Coils, Embolic Protection Devices, Liquid Embolic Agents

7) By Thrombectomy Devices: Mechanical Thrombectomy Devices, Aspiration Thrombectomy Devices, Rheolytic Thrombectomy Devices

8) By Inferior Vena Cava (IVC) Filters: Permanent Filters, Retrievable Filters

9) By Other Types: Vascular Closure Devices, Hemostatic Agents, Guide Catheter

What Long-Term Trends Are Likely To Affect The Peripheral Interventions Market?

In an effort to improve the safety and effectiveness of treating calcified peripheral artery disease, major corporations in the peripheral interventions market are concentrating on creating innovative solutions such as peripheral intravascular lithotripsy catheters. These are devices that utilize sonic pressure waves to dissolve calcified plaque in peripheral arteries, thus simplifying and securing the processes of angioplasty or stent placement. For instance, Shockwave Medical Inc., a U.S. medical device company, unveiled the Shockwave Javelin Peripheral IVL Catheter in March 2025. This is an advanced forward IVL platform engineered for patients with peripheral artery disease (PAD) who have difficult-to-cross, severely calcified lesions. With a 150 cm working length and a single distal emitter that emits up to 120 shockwave pulses, this unique catheter produces a spherical energy field that alters calcium and allows the device to traverse extremely narrow or blocked vessels where other devices might fail. Clinical studies showed that the Javelin’s safety and effectiveness are on par with current balloon-based IVL catheters, thereby introducing a revolutionary method for addressing intricate calcified peripheral lesions and enhancing procedural success for PAD patients.

Which Organizations Are Driving Progress In The Peripheral Interventions Industry?

Major companies operating in the peripheral interventions market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic plc, Siemens Healthineers AG, Becton Dickinson and Company, Koninklijke Philips N.V., Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Getinge AB, Teleflex Incorporated, Cook Group Incorporated, Merit Medical Systems Inc., Lepu Medical Technology (Beijing) Co. Ltd., Cordis Corporation, MicroPort Scientific Corporation, Penumbra Inc., W. L. Gore & Associates Inc., Reflow Medical Inc., ArtVentive Medical Group Inc.

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Which Region Is Expected To Experience The Highest Growth In The Peripheral Interventions Industry?

North America was the largest region in the peripheral interventions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peripheral interventions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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