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What are the forecasted starting (2026) and ending (2030) market sizes for the Peripheral Vascular Devices And Equipment Market?
The peripheral vascular devices and equipment market has experienced consistent growth in recent years. This market is forecasted to increase from $10.29 billion in 2025 to $10.56 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 2.5%. The expansion witnessed during the historic period can be linked to factors including the rising prevalence of peripheral artery disease, an increasing aging population, the broader adoption of interventional cardiology practices, the growing use of catheter-based therapies, and enhanced investments in hospital infrastructure.
The peripheral vascular devices and equipment market size is anticipated to experience robust expansion in the coming years. It is forecast to grow to $13.15 billion in 2030, demonstrating a compound annual growth rate (CAGR) of 5.7%. This growth during the forecast period is propelled by factors such as the increasing demand for minimally invasive vascular treatments, the rising utilization of bioresorbable materials, the expanding scope of outpatient vascular procedures, a growing emphasis on precision-guided interventions, and increasing innovation in peripheral stent technologies. Major developments foreseen in this period include the rising adoption of drug-coated vascular devices, an increase in the use of minimally invasive endovascular procedures, a surging demand for advanced atherectomy systems, the widening application of image-guided peripheral interventions, and an enhanced focus on long-term device patency.
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What Drivers Are Supporting Technological Adoption In The Peripheral Vascular Devices And Equipment Market?
The peripheral vascular devices and equipment market is projected to expand with the growth in healthcare expenditure. Healthcare expenditure refers to the aggregate sum of money disbursed by individuals, organizations, or governments for health-related goods and services within a specific timeframe. An increase in this spending typically fuels a higher demand for peripheral vascular devices and equipment, as healthcare systems allocate resources towards advanced medical technologies to enhance the diagnosis and treatment of conditions like peripheral artery disease, thereby improving patient care and results. For instance, in April 2025, The Office for National Statistics (ONS), a UK-based producer of official statistics and the government’s principal source of data, reported that government-financed healthcare attained USD 2.91 billion (£258 billion) in 2024, marking a real-terms rise of 2.5% from 2023, which indicates stronger financial backing for care provision and equipment. Hence, the increasing healthcare expenditure will act as a significant driver for the peripheral vascular devices and equipment market.
Which Segments Are Contributing To The Growth Of The Peripheral Vascular Devices And Equipment Market?
The peripheral vascular devices and equipment market covered in this report 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 Application: Treatment of Peripheral Blood Vessels Damaged, Treatment of Peripheral Blood Vessels Blockage
3) By End User: Hospital applications, Clinic applications
Subsegments:
1) By Peripheral Vascular Stents: Balloon-expandable Stents, Self-expanding Stents
2) By Percutaneous Transluminal Angioplasty Balloons: Drug-coated Balloons, Non-drug-Coated Balloons
3) By Catheters: Diagnostic Catheters, Therapeutic Catheters
4) By PTA Guide Wires: Hydrophilic Guide Wires, Non-hydrophilic Guide Wires
5) By Atherectomy Devices: Rotational Atherectomy Devices, Orbital Atherectomy Devices, Laser Atherectomy Devices, Directional Atherectomy Devices
6) By Chronic Total Occlusion Devices: CTO crossing devices, CTO re-entry devices
7) By Aortic Stents: Self-expanding Aortic Stents, Balloon-expandable Aortic Stents
8) By Synthetic Surgical Grafts: Polyester Grafts, Polytetrafluoroethylene (PTFE) Grafts, Dacron Grafts
9) By Embolic Protection Devices: Distal Protection Devices, Proximal Protection Devices
10) By Inferior Vena Cava Filters: Permanent Filters, Retrievable Filters
What Trends Are Projected To Support The Growth Of The Peripheral Vascular Devices And Equipment Market?
Leading companies active in the peripheral vascular devices and equipment market are prioritizing the creation of advanced products, like larger-diameter catheters, to improve the management of peripheral artery diseases. These larger-diameter catheters are medical instruments engineered to enable the drainage or delivery of fluids, medications, or other materials. For example, in March 2023, Shockwave Medical Inc., a US-based medical device firm, introduced the peripheral intravascular lithotripsy (IVL) catheter. The defining characteristic of the Shockwave L6 Peripheral IVL catheter is its specialized construction, designed to effectively modify calcification in difficult lesions within major peripheral vessels, including the iliac and common femoral arteries. This targeted strategy aims to resolve the prevalent issue of calcification in these arteries, which is frequently associated with diminished procedural success and elevated complication rates when employing standard endovascular techniques.
Who Are The Major Companies Operating In The Peripheral Vascular Devices And Equipment Market?
Major companies operating in the peripheral vascular devices and equipment market are Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Cook Group, Angiomed GmbH & Co. Medizintechnik KG, Terumo Corporation, ENDOLOGIX Inc., Bolton Medical Inc., JOTEC GmbH, Clearstream Technologies, Aesculap AG, Curative Medical Devices, Lepu Medical Technology, MicroPort, Bioteque Corporation Co.Ltd., Cardinal Health, iVascular, B. Braun Group, Biosensors International Group, BIOTRONIK SE & Co., COVIDien, Volcano Corporation, AngioScore, Edwards Lifesciences Corporation, Cordis Corporation, Koninklijke Philips N.V., Nipro Corporation, Bluesail Medical Co. Ltd, Rex Medical, Teleflex Incorporated, Penumbra Inc., Lombard Medical Technologies PLC, W.L. Gore & Associates Inc., Merit Medical Systems Inc., Vascular Solutions Inc., LeMaitre Vascular Inc., Spectranetics Corporation
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Which Region Is Anticipated To See The Fastest Growth In The Peripheral Vascular Devices And Equipment Market?
North America was the largest region in global peripheral vascular devices and equipment market in 2025. Western Europe was the second-largest region in global peripheral vascular devices and equipment market. The regions covered in the peripheral vascular devices and equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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