The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.
How Large Is The Peripheral Vascular Devices And Equipment Market Projected To Become By 2030 Based On Its 2026 Valuation?
The peripheral vascular devices and equipment market size has shown steady expansion over recent years. Projections indicate it will advance from $10.29 billion in 2025 to $10.56 billion in 2026, achieving a compound annual growth rate (CAGR) of 2.5%. The historical growth trajectory is attributable to factors such as the increasing prevalence of peripheral artery disease, a rising aging population, the expansion of interventional cardiology practices, the growing adoption of catheter-based therapies, and increasing hospital infrastructure investments.
The peripheral vascular devices and equipment market size is projected to experience substantial expansion over the upcoming years. This market is anticipated to reach a valuation of $13.15 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 5.7%. Factors contributing to this growth during the forecast period include a heightened demand for less invasive vascular therapies, the increasing adoption of bioresorbable substances, the proliferation of vascular procedures conducted in outpatient settings, an intensified emphasis on interventions guided by precision, and advancements in peripheral stent innovations. Key developments expected over the forecast period encompass a greater acceptance of drug-coated vascular devices, an uptick in the utilization of minimally invasive endovascular techniques, a surging need for sophisticated atherectomy systems, a wider application of image-guided peripheral interventions, and a stronger emphasis on ensuring prolonged device effectiveness.
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What Primary Drivers Are Shaping The Development Of The Peripheral Vascular Devices And Equipment Market?
The expanding healthcare expenditure is set to boost the peripheral vascular devices and equipment market in the future. Healthcare expenditure refers to the aggregate sum of money disbursed by individuals, organizations, or governments for healthcare-related goods and services within a particular timeframe. An increase in healthcare spending can lead to heightened demand for peripheral vascular devices and equipment as healthcare systems allocate funds to advanced medical technologies, aiming to enhance the diagnosis and treatment of conditions such as peripheral artery disease, ultimately improving patient care and outcomes. For instance, in April 2025, according to The Office for National Statistics (ONS), a UK-based producer of official statistics and the government’s principal source of data, government-financed healthcare expenditure amounted to USD 2.91 billion (£258 billion) in 2024, marking a real-terms increase of 2.5% from 2023, which signifies stronger financial backing for care delivery and equipment. Therefore, growing healthcare expenditure will propel the peripheral vascular devices and equipment market forward.
What Segment Groups Are Identified Within 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 Advancing Progress In The Peripheral Vascular Devices And Equipment Market?
Leading firms within the peripheral vascular devices and equipment market prioritize the creation of innovative products, like larger-diameter catheters, aimed at improving the management of peripheral artery diseases. These larger-diameter catheters serve as medical instruments engineered to aid in the removal or delivery of liquids, drugs, or other materials. An example of this is when, in March 2023, Shockwave Medical Inc., a US-based medical device company, introduced its peripheral intravascular lithotripsy (IVL) catheter. What distinguishes the Shockwave L6 Peripheral IVL catheter is its specific configuration, which is designed to efficiently alter calcification in difficult lesions found in substantial peripheral vessels, including the iliac and common femoral arteries. This focused strategy aims to resolve the prevalent problem of calcification in these arteries, a condition frequently associated with diminished success rates for procedures and increased complication occurrences when using conventional endovascular techniques.
Which Companies Hold Significant Positions 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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How Does The Peripheral Vascular Devices And Equipment Market Perform Across Major Global Regions?
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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