According to our new research study on "Peripheral Vascular Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, and End User," the market is expected to reach US$ 17,679.72 million by 2028 from US$ 11,375.13 million in 2021; it is estimated to grow at a CAGR of 6.5% during 2021–2028. The report highlights trends prevailing in the market and factors driving its growth. The market's growth is attributed to the growing incidence of hypertension, obesity, smoking, and alcoholism and the rising prevalence of peripheral vascular diseases. However, the high cost of peripheral vascular devices hampers the market growth.
The peripheral vascular devices market is projected to reach US$ 17,679.72 million by 2028 from US$ 11,375.13 million in 2021; it is estimated to grow at a CAGR of 6.5% during 2021 to 2028.
Peripheral Vascular Devices Market report by “The Insight Partners” sheds light on the key drivers and opportunities attributing to Market expansion over the analysis period. It also gives in-depth information pertaining to the challenges and threats poised to hinder revenue generation in the forthcoming years. Additionally, the report also provides crucial information regarding leading companies in this business sphere and the trends that are likely to prevail in the near future.
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Based on product, the peripheral vascular devices market is categorized into peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, and embolization guidewires. The peripheral vascular stents segment held the largest share of the market in 2021. Moreover, the peripheral transluminal angioplasty balloon catheters segment is expected to grow at the fastest CAGR of 7.5% from 2021 to 2028, owing to the rise in the use of peripheral transluminal angioplasty balloon catheters for various medical conditions across the globe.
Leading Peripheral Vascular Devices Market Players:
- Edwards Lifesciences Corporation
- Teleflex Incorporated
- Boston Scientific Corporation
- Cook Medical LLC
- Terumo Corporation
- Braun Melsungen AG
- Cardinal Health Inc
Peripheral Vascular Devices Market - Global Analysis to 2028 is an exclusive and in-depth study which provides an exhaustive analysis of the Market including the current trend and future amplitude of the Market with respect to the products/services. The report provides a detailed rundown of the Peripheral Vascular Devices Market keeping in mind detailed segmentation by type, application, and region. This report provides an expert assessment of the leading companies in this business sphere by listing the products and services unveiled by them in order to help business owners to understand the Market positioning of these players. PEST analysis of each region and country is documented as well.
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