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What Is The Estimated Growth In Market Size Of The Peripheral Vascular Devices And Equipment Market During 2026–2030?
The peripheral vascular devices and equipment market size has shown consistent expansion in recent years. This market is anticipated to increase from $10.29 billion in 2025 to $10.56 billion in 2026, with a compound annual growth rate (CAGR) of 2.5%. The historical growth experienced by this market is attributable to a rising prevalence of peripheral artery disease, an aging global population, the expansion of interventional cardiology practices, increased adoption of catheter-based therapies, and growing investments in hospital infrastructure.
The peripheral vascular devices and equipment market is projected to experience substantial growth in the coming years, with its size expected to reach $13.15 billion by 2030, driven by a compound annual growth rate (CAGR) of 5.7%. This expansion during the forecast period can be attributed to a surge in demand for minimally invasive vascular treatments, the increasing adoption of bioresorbable materials, the proliferation of outpatient vascular procedures, a heightened focus on precision-guided interventions, and continuous innovation in peripheral stent technologies. Notable trends expected during this period include the wider acceptance of drug-coated vascular devices, a rise in minimally invasive endovascular procedures, an escalating need for advanced atherectomy systems, the broadening application of image-guided peripheral interventions, and an increased emphasis on ensuring long-term device patency.
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Which Growth Factors Are Strengthening The Peripheral Vascular Devices And Equipment Market Landscape?
The expanding outlay on healthcare is anticipated to invigorate the peripheral vascular devices and equipment market in the coming period. Healthcare expenditure refers to the aggregate sum of money disbursed by individuals, entities, or governments for healthcare-related commodities and services within a defined timeframe. An uptick in healthcare spending generally translates into heightened demand for peripheral vascular devices and equipment, as healthcare infrastructures allocate resources to advanced medical technologies. This investment aims to refine the diagnosis and management of ailments like peripheral artery disease, ultimately elevating patient care and outcomes. For instance, in April 2025, data from The Office for National Statistics (ONS), a UK-based producer of official statistics and the government’s principal source of data, indicated that government-financed healthcare attained USD 2.91 billion (£258 billion) in 2024. This marked a real-terms increment of 2.5% from 2023, signifying augmented financial support for healthcare provision and equipment. Thus, the escalating healthcare expenditure will propel the peripheral vascular devices and equipment market forward.
What Key Segment Areas Are Included In The Peripheral Vascular Devices And Equipment Market Assessment?
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
Which Trends Are Expected To Shape The Peripheral Vascular Devices And Equipment Market?
Leading companies operating within the peripheral vascular devices and equipment market are concentrating on developing advanced products, such as larger-diameter catheters, to improve the treatment of peripheral artery diseases. These larger-diameter catheters are medical instruments designed to facilitate the drainage or administration of fluids, medications, or other substances. For instance, in March 2023, Shockwave Medical Inc., a US-based medical device company, introduced the peripheral intravascular lithotripsy (IVL) catheter. The distinctive characteristic of the Shockwave L6 Peripheral IVL catheter lies in its specialized design to effectively modify calcification within challenging lesions in large peripheral vessels, including the iliac and common femoral arteries. This targeted strategy addresses the common problem of calcification in these arteries, which is often associated with reduced procedural success and higher complication rates when using standard endovascular techniques.
Who Are The Businesses Driving Activity 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 The Dominant Market 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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