Tag: peripheral vascular devices and equipment market trends

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The peripheral vascular devices and equipment market is steadily evolving, driven by ongoing advancements in medical technology and increasing demand for effective vascular treatments. This sector is witnessing consistent growth, supported by demographic shifts and expanding healthcare infrastructure worldwide. Let’s explore the market’s current size, key growth drivers, segmentation, emerging trends, leading companies, and regional dynamics shaping its future.

Peripheral Vascular Devices And Equipment Market Size and Projected Revenue Growth

The market for peripheral vascular devices and equipment has shown steady growth over recent years. It is projected to increase from $10.29 billion in 2025 to $10.56 billion in 2026, representing a compound annual growth rate (CAGR) of 2.5%. This expansion during the historical period is largely due to the rising prevalence of peripheral artery disease, an aging population, the broadening scope of interventional cardiology, greater adoption of catheter-based therapies, and increased investment in hospital infrastructure.

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Looking ahead, the market is expected to experience robust growth, reaching $13.15 billion by 2030 with a CAGR of 5.7%. This positive outlook stems from growing demand for minimally invasive vascular procedures, the rising use of bioresorbable materials, the expansion of outpatient vascular treatments, a stronger focus on precision-guided interventions, and continuous innovation in peripheral stent technologies. Key trends influencing the market include greater adoption of drug-coated vascular devices, increased use of minimally invasive endovascular techniques, rising demand for advanced atherectomy systems, the expansion of image-guided peripheral interventions, and an enhanced emphasis on long-term device patency.

Important Factors Fueling Growth in the Peripheral Vascular Devices Market

A primary driver for the peripheral vascular devices and equipment market is the rising healthcare expenditure worldwide. Healthcare expenditure — the total funds spent on healthcare goods and services by individuals, organizations, or governments — is increasing and enabling investments in advanced medical technologies. This financial commitment supports improved diagnosis and treatment of diseases such as peripheral artery disease, which in turn boosts demand for these devices.

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For example, in April 2025, the UK’s Office for National Statistics (ONS) reported that government-funded healthcare spending reached USD 2.91 billion (£258 billion) in 2024, marking a real-terms increase of 2.5% from the prior year. This growth in funding underscores stronger support for healthcare delivery and medical equipment acquisition, contributing significantly to market expansion.

Peripheral Vascular Devices and Equipment Market Categories and Segmentation

This market can be divided into several crucial segments:

1) By Type: Peripheral vascular stents, percutaneous transluminal angioplasty (PTA) balloons, catheters, PTA guide wires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, embolic protection devices, and inferior vena cava filters.

2) By Application: Treatment of peripheral blood vessel damage and treatment of peripheral blood vessel blockage.

3) By End User: Hospital and clinic applications.

Further subcategories include:

– Peripheral Vascular Stents: balloon-expandable stents and self-expanding stents.

– PTA Balloons: drug-coated balloons and non-drug-coated balloons.

– Catheters: diagnostic and therapeutic types.

– PTA Guide Wires: hydrophilic and non-hydrophilic guide wires.

– Atherectomy Devices: rotational, orbital, laser, and directional.

– Chronic Total Occlusion Devices: CTO crossing and CTO re-entry devices.

– Aortic Stents: self-expanding and balloon-expandable.

– Synthetic Surgical Grafts: polyester, polytetrafluoroethylene (PTFE), and dacron grafts.

– Embolic Protection Devices: distal and proximal protection devices.

– Inferior Vena Cava Filters: permanent and retrievable filters.

How Industry Developments Are Transforming Peripheral Vascular Device Demand

Leading companies in the peripheral vascular devices space are focusing on innovating larger-diameter catheters to improve interventions for peripheral artery disease. These catheters assist in fluid drainage or medication delivery and aim to enhance treatment outcomes.

For instance, in March 2023, Shockwave Medical Inc., a US medical device firm, introduced the peripheral intravascular lithotripsy (IVL) catheter. The Shockwave L6 Peripheral IVL catheter is specifically designed to modify calcified lesions in large peripheral arteries like the iliac and common femoral arteries. This targeted technology helps overcome complications commonly caused by artery calcification, which often reduces the success rates of standard endovascular treatments.

Key Players Competing in the Peripheral Vascular Devices and Equipment Market

Several prominent companies play a significant role in driving competition and innovation in this market, including:

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., and Spectranetics Corporation.

Geographical Overview of the Peripheral Vascular Devices Market Growth

In 2025, North America represented the largest segment of the global peripheral vascular devices and equipment market. Western Europe ranked as the second largest market. The analysis covers multiple regions including Asia-Pacific, Southeast Asia, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, providing a comprehensive picture of global demand and growth opportunities.

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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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What Level Of Market Value Growth Is Predicted For The Peripheral Vascular Devices And Equipment Market From 2026 To 2030?

The peripheral vascular devices and equipment market size has demonstrated consistent expansion over recent years. It is projected to increase from $10.29 billion in 2025 to $10.56 billion in 2026, achieving a compound annual growth rate (CAGR) of 2.5%. The historical development of this market can be linked to the rising prevalence of peripheral artery disease, an expanding aging demographic, the broadening of interventional cardiology practices, the increasing uptake of catheter-based therapies, and heightened investments in hospital infrastructure.

The peripheral vascular devices and equipment market is projected to experience robust expansion over the coming years. This market is set to reach $13.15 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 5.7%. This anticipated growth during the forecast period is fueled by several factors, including the surging demand for minimally invasive vascular treatments, the escalating adoption of bioresorbable materials, the broadening scope of outpatient vascular procedures, a heightened emphasis on precision-guided interventions, and significant advancements in peripheral stent technologies. Key trends anticipated within the forecast timeframe encompass the expanding use of drug-coated vascular devices, a surge in minimally invasive endovascular procedures, increasing requirements for sophisticated atherectomy systems, the wider application of image-guided peripheral interventions, and a stronger commitment to ensuring long-term device patency.

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What Primary Drivers Are Shaping The Peripheral Vascular Devices And Equipment Market?

The peripheral vascular devices and equipment market is expected to expand due to increasing healthcare expenditure. Healthcare expenditure refers to the total financial investment made by individuals, organizations, or governments in goods and services related to healthcare within a specified duration. An increase in this spending can lead to higher demand for peripheral vascular devices and equipment, as healthcare systems invest in advanced medical technologies to improve the diagnosis and treatment of conditions like peripheral artery disease, thereby enhancing 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-funded healthcare spending reached USD 2.91 billion (£258 billion) in 2024, which was a real-terms increase of 2.5% from 2023, indicating stronger funding for care delivery and equipment. Therefore, growing healthcare expenditure will drive the peripheral vascular devices and equipment market forward.

What Are The Different Segment Types In The Peripheral Vascular Devices And Equipment Market Segment Breakdown?

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 Affecting The Growth Of The Peripheral Vascular Devices And Equipment Market?

Leading companies in the peripheral vascular devices and equipment market are concentrating on developing advanced products, such as larger-diameter catheters, with the aim of improving the treatment of peripheral artery diseases. These wider-diameter catheters are medical instruments crafted to facilitate the drainage or administration of fluids, medications, or other substances. For example, in March 2023, Shockwave Medical Inc., a US-based medical device company, introduced its peripheral intravascular lithotripsy (IVL) catheter. The distinctive characteristic of the Shockwave L6 Peripheral IVL catheter lies in its specialized design, engineered to efficiently modify calcification within challenging lesions in large peripheral vessels, specifically the iliac and common femoral arteries. This focused strategy aims to resolve the widespread issue of calcification in these arteries, which is frequently associated with lower procedural success and elevated complication rates when utilizing standard endovascular techniques.

Who Are The Well-Known Companies 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

Get The Full Peripheral Vascular Devices And Equipment Market Report:

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Which Region Dominates The Peripheral Vascular Devices And Equipment Market By Market Share?

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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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.

Download the Free Sample Report to Explore Key Market Insights:

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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

Read the full peripheral vascular devices and equipment market report here:

https://www.thebusinessresearchcompany.com/report/peripheral-vascular-devices-and-equipment-global-market-report

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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https://www.thebusinessresearchcompany.com/report/vascular-closure-devices-global-market-report

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https://www.thebusinessresearchcompany.com/report/biopsy-devices-global-market-report

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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.

Access Your Free Sample Report for In-Depth Market Insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=2408&type=smp

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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What Are The Growth Projections For The Peripheral Vascular Devices And Equipment Market Size During 2025–2029?

The overall valuation of the market encompassing peripheral vascular apparatus and machinery has demonstrated consistent upward momentum lately; this figure is projected to escalate from a base of $9.86 billion registered in 2024, reaching $10.29 billion the following year, reflecting an aggregated annual expansion rate of 4.4 percent, with the historical expansion trend being fueled by the increasing incidence of heart and blood vessel conditions, the demographic shift toward an older populace, the ongoing need for managing long-term illnesses, coupled with evolving medical protocols and scientific investigation.

Anticipated to experience consistent expansion in the forthcoming years, the market valuation for peripheral vascular apparatus and instrumentation is projected to reach $12.32 billion by 2029, reflecting a steady compound annual growth rate of 4.6%; this uptrend during the projection timeframe is fundamentally driven by the increasing adoption of less invasive surgical techniques, the incorporation of remote healthcare monitoring, widened availability of medical services globally, and the use of medicated coatings on medical equipment, alongside prevailing developments such as the incorporation of artificial intelligence within vascular treatment fields, reliance on robotic assistance for interventional procedures, the rise of diagnostic testing performed at the patient’s location, and the implementation of scaffolds for vascular tissue regeneration that dissolve naturally.

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Which Industry Drivers Are Expected To Accelerate The Peripheral Vascular Devices And Equipment Market From 2025 To 2029?

A primary impetus for the peripheral vascular devices and equipment market stems from the increasing prevalence of peripheral artery diseases among the global population. These conditions arise when arterial blockages occur due to the accumulation of plaque composed of fatty deposits, cholesterol, and various other materials, thus impeding essential blood flow to vital organs throughout the body. Affecting more than 230 million adults globally, lower extremity peripheral artery disease, or PAD, significantly escalates the probability of several negative health events, including other issues related to the cardiovascular system like strokes and coronary heart disease, as well as complications concerning the legs such as the need for amputation. While the manifestation of this ailment differs somewhat in younger demographics, its occurrence experiences a dramatic upswing in older age groups, with data indicating that well over one-fifth of individuals exceeding 80 years of age are afflicted with PAD. Furthermore, the Centers for Disease Control and Prevention (CDC) reports that roughly 8.5 million individuals within the United States currently contend with peripheral artery diseases, and among this group, a substantial 12 to 20 percent are situated in the bracket older than 60 years.

How Is The Peripheral Vascular Devices And Equipment Market Segmented?

The peripheral vascular devices and equipmentmarket 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 Expected To Drive The Peripheral Vascular Devices And Equipment Market?

Leading firms within the peripheral vascular device and apparatus sector are prioritizing the creation of sophisticated solutions, including bigger-bore catheters, with the goal of improving therapeutic outcomes for peripheral artery ailments. These sizable catheters function as specialized instruments intended to ease the ingress or egress of various materials, spanning fluids, pharmaceuticals, or other compounds. As a concrete illustration, in March of 2023, Shockwave Medical Inc., an American entity specializing in medical technology, introduced its peripheral intravascular lithotripsy (IVL) catheter. A distinguishing characteristic of the Shockwave L6 Peripheral IVL catheter resides in its carefully engineered structure, which is optimized for the effective reshaping of hardened plaque within difficult-to-treat obstructions found in substantial peripheral arteries, notably the iliac and common femoral arteries. This precise method directly confronts the frequent problem of calcification in these arterial pathways, a condition frequently correlated with lower rates of successful procedures and elevated complication frequencies when employing conventional minimally invasive procedures.

Which Key Market Players Are Investing In Expansion And Innovation Of Peripheral Vascular Devices And Equipment Market?

Major companies operating in the peripheral vascular devices and equipment market include 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 Shows The Highest Potential For Future Expansion In The Peripheral Vascular Devices And Equipment Market?

North America was the largest region in global peripheral vascular devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Are The Growth Projections For The Peripheral Vascular Devices And Equipment Market Size During 2025–2029?

The overall valuation of the market encompassing peripheral vascular apparatus and machinery has demonstrated consistent upward momentum lately; this figure is projected to escalate from a base of $9.86 billion registered in 2024, reaching $10.29 billion the following year, reflecting an aggregated annual expansion rate of 4.4 percent, with the historical expansion trend being fueled by the increasing incidence of heart and blood vessel conditions, the demographic shift toward an older populace, the ongoing need for managing long-term illnesses, coupled with evolving medical protocols and scientific investigation.

Anticipated to experience consistent expansion in the forthcoming years, the market valuation for peripheral vascular apparatus and instrumentation is projected to reach $12.32 billion by 2029, reflecting a steady compound annual growth rate of 4.6%; this uptrend during the projection timeframe is fundamentally driven by the increasing adoption of less invasive surgical techniques, the incorporation of remote healthcare monitoring, widened availability of medical services globally, and the use of medicated coatings on medical equipment, alongside prevailing developments such as the incorporation of artificial intelligence within vascular treatment fields, reliance on robotic assistance for interventional procedures, the rise of diagnostic testing performed at the patient’s location, and the implementation of scaffolds for vascular tissue regeneration that dissolve naturally.

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Which Industry Drivers Are Expected To Accelerate The Peripheral Vascular Devices And Equipment Market From 2025 To 2029?

A primary impetus for the peripheral vascular devices and equipment market stems from the increasing prevalence of peripheral artery diseases among the global population. These conditions arise when arterial blockages occur due to the accumulation of plaque composed of fatty deposits, cholesterol, and various other materials, thus impeding essential blood flow to vital organs throughout the body. Affecting more than 230 million adults globally, lower extremity peripheral artery disease, or PAD, significantly escalates the probability of several negative health events, including other issues related to the cardiovascular system like strokes and coronary heart disease, as well as complications concerning the legs such as the need for amputation. While the manifestation of this ailment differs somewhat in younger demographics, its occurrence experiences a dramatic upswing in older age groups, with data indicating that well over one-fifth of individuals exceeding 80 years of age are afflicted with PAD. Furthermore, the Centers for Disease Control and Prevention (CDC) reports that roughly 8.5 million individuals within the United States currently contend with peripheral artery diseases, and among this group, a substantial 12 to 20 percent are situated in the bracket older than 60 years.

How Is The Peripheral Vascular Devices And Equipment Market Segmented?

The peripheral vascular devices and equipmentmarket 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 Expected To Drive The Peripheral Vascular Devices And Equipment Market?

Leading firms within the peripheral vascular device and apparatus sector are prioritizing the creation of sophisticated solutions, including bigger-bore catheters, with the goal of improving therapeutic outcomes for peripheral artery ailments. These sizable catheters function as specialized instruments intended to ease the ingress or egress of various materials, spanning fluids, pharmaceuticals, or other compounds. As a concrete illustration, in March of 2023, Shockwave Medical Inc., an American entity specializing in medical technology, introduced its peripheral intravascular lithotripsy (IVL) catheter. A distinguishing characteristic of the Shockwave L6 Peripheral IVL catheter resides in its carefully engineered structure, which is optimized for the effective reshaping of hardened plaque within difficult-to-treat obstructions found in substantial peripheral arteries, notably the iliac and common femoral arteries. This precise method directly confronts the frequent problem of calcification in these arterial pathways, a condition frequently correlated with lower rates of successful procedures and elevated complication frequencies when employing conventional minimally invasive procedures.

Which Key Market Players Are Investing In Expansion And Innovation Of Peripheral Vascular Devices And Equipment Market?

Major companies operating in the peripheral vascular devices and equipment market include 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

Download The Full Report For Exclusive Market Findings:

https://www.thebusinessresearchcompany.com/report/peripheral-vascular-devices-and-equipment-global-market-report

Which Region Shows The Highest Potential For Future Expansion In The Peripheral Vascular Devices And Equipment Market?

North America was the largest region in global peripheral vascular devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What is the Anticipated CAGR of the Peripheral Vascular Devices And Equipment Market, and What Factors Will Drive It?

Over the past few years, the peripheral vascular devices and equipment market has experienced consistent growth. The market size is projected to increase from $9.86 billion in 2024 to $10.29 billion in 2025, resulting in a compound annual growth rate (CAGR) of 4.4%. Factors contributing to this growth during the historic period include the prevalence of cardiovascular disease, an aging population, the management of chronic diseases, clinical guidelines, and research.

In the next several years, the peripheral vascular devices and equipment market is predicted to experience stable growth. The market size is expected to reach $12.32 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.6%. This growth during the forecast period is likely due to factors such as minimally invasive procedures, telehealth integration, worldwide access to healthcare, and drug-coated devices. Noteworthy trends anticipated during the forecast period encompass the use of artificial intelligence (AI) in vascular medicine, robot-assisted interventions, point-of-care testing, and bioresorbable vascular scaffolds.

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What External and Internal Drivers Are Contributing to the Growth of thePeripheral Vascular Devices And Equipment Market?

The growth of the peripheral vascular devices and equipment market is powered by the escalating number of individuals affected by peripheral artery diseases. Blockage of arteries in the human body by plaque, containing fats, cholesterol, and other substances, results in peripheral artery diseases. These blockages hinder the flow of blood to vital organs. More than 230 million grown-ups worldwide are inflicted with lower extremity peripheral artery disease (PAD), which escalates the risk of severe clinical outcomes like coronary heart disease, stroke, and leg amputation. The disease varies in younger populations, but the occurrence escalates drastically, with PAD affecting over 20% of people above the age of 80. Based on the data from the Center for Disease Control and Prevention (CDC), around 8.5 million individuals in the USA have peripheral artery diseases, among which 12-20% are over 60 years old.

What Segment Types Define the Peripheral Vascular Devices And Equipment Market Structure?

The peripheral vascular devices and equipmentmarket 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

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Which Geographic Areas Hold the Strongest Growth Potential in the Peripheral Vascular Devices And Equipment Market?

North America was the largest region in global peripheral vascular devices and equipment market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Long-Term Trends Are Transforming the Competitive Landscape of the Peripheral Vascular Devices And Equipment Market?

Leading corporations in the peripheral vascular devices and equipment industry are prioritizing the invention of improved products, like larger-diameter catheters, to boost the remedial processes for peripheral artery diseases. Larger-diameter catheters, as medical tools, are engineered to aid in the delivery or extraction of fluids, drugs, or other materials. For example, in March of 2023, the US-based medical device company, Shockwave Medical Inc., introduced the peripheral intravascular lithotripsy (IVL) catheter. The standout attribute of the Shockwave L6 Peripheral IVL cather is its unique design purposed for efficiently altering calcification in problematic lesions within large peripheral arteries, such as the iliac and common femoral arteries. This focused strategy tackles the prevalent problem of calcification in these arteries, a condition often associated with a decrease in procedural results and an increase in complications rates when using traditional endovascular methods.

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What Is the Definition of the Peripheral Vascular Devices And Equipment Market?

Peripheral vascular devices and equipment are used to treat peripheral vascular diseases which are slow and progressive blood circulation disorders caused by blockages, narrowing, or spasms in blood vessels outside the heart and brain including arteries and veins.

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How Fast Is The Peripheral Vascular Devices And Equipment Market Expected to Grow Between 2025 And 2029?

Recent years have seen a robust expansion of the peripheral vascular devices and equipment market. The market, which is currently valued at $10.62 billion in 2024, is projected to expand to $11.37 billion in 2025, representing a compound annual growth rate (CAGR) of 7.1%. The factors contributing to this growth during the historical period include the prevalence of cardiovascular disease, an aging demographic, the management of chronic diseases, as well as clinical guidelines and research.

What Growth Rate Is Anticipated for the Peripheral Vascular Devices And Equipment Market in the Coming Years?

The market size for peripheral vascular devices and equipment is anticipated to experience consistent expansion in the coming years, reaching $13.44 billion in 2029 with a compound annual growth rate (CAGR) of 4.3%. This projected growth within the forecast period is due to factors such as minimally invasive operations, the integration of telehealth, worldwide healthcare access, and drug-coated tools. Expected trends within this period include the use of artificial intelligence (AI) in vascular medicine, interventions assisted by robots, point-of-care testing, and bioresorbable vascular scaffolds.

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Who Are the Leading Companies in the Peripheral Vascular Devices And Equipment Market?

Major companies operating in the peripheral vascular devices and equipment market include 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

What Are the Key Drivers of the Peripheral Vascular Devices And Equipment Market?

The growth of the peripheral vascular devices and equipment market is propelled by the escalating prevalence of peripheral artery diseases. These diseases occur when plaque, composed of fats, cholesterol, and other substances, obstructs arteries in the body, limiting blood flow to critical organs. More than 230 million adults globally are affected by lower extremity peripheral artery disease (PAD), which elevates the risk of severe clinical outcomes, including other cardiovascular diseases such as coronary heart disease and stroke, as well as leg-related outcomes like amputation. The disease manifests differently in younger individuals, but the occurrence rate dramatically increases in older people, with over 20% of individuals over the age of 80 having PAD. The Center for Disease Control and Prevention (CDC) reports that about 8.5 million individuals in the USA have peripheral artery diseases, and 12-20% of these patients are over 60 years old.

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What Are the Key Market Segments in the Peripheral Vascular Devices And Equipment Industry?

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 Are the Latest Trends in the Peripheral Vascular Devices And Equipment Market?

Significant firms in the peripheral vascular devices and equipment market are concentrating their efforts on the creation of superior products such as catheters with larger diameters. These are aimed at improving the treatment procedures for peripheral artery diseases. A catheter with a larger diameter is a medical tool intended to assist fluid, medication, or other substance administration or drainage. For example, in March 2023, Shockwave Medical Inc, a medical device establishment based in the US, launched the peripheral intravascular lithotripsy (IVL) catheter. This Shockwave L6 Peripheral IVL catheter stands out for its unique design tailored to effectively deal with calcification in difficult lesions found in large peripheral vessels such as the common femoral and iliac arteries. This specialized approach tackles the frequent calcification issue in these arteries that often leads to lesser procedural success rates and elevated complication risks with conventional endovascular methods.

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What Are the Key Regional Markets in the Peripheral Vascular Devices And Equipment Industry?

North America was the largest region in global peripheral vascular devices and equipment market in 2023. 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, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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This Report Delivers Insight On:

1. How big is the peripheral vascular devices and equipment market, and how is it changing globally?

2. Who are the major companies in the peripheral vascular devices and equipment market, and how are they performing?

3. What are the key opportunities and risks in the peripheral vascular devices and equipment market right now?

4. Which products or customer segments are growing the most in the peripheral vascular devices and equipment market?

5. What factors are helping or slowing down the growth of the peripheral vascular devices and equipment market?

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