Peripheral Vascular Devices Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Global Peripheral Vascular Devices Market is estimated to value over USD 14.8 billion by 2026 end and register a CAGR of over 5.8% during the forecast period 2019 to 2026.
The peripheral vascular devices market growth is steered by the
increasing geriatric population, rising incidences of diabetes and the growing
prevalence of peripheral artery diseases across the world. On the contrary,
product failures and recalls and the availability of alternative treatments are
the main factors that are anticipated to impede the market growth over the
forecast period.
North America to Dominate the Market Over the Forecast
Period
The market is bifurcated based on the type of device as peripheral
transluminal angioplasty (PTA) balloon catheters, chronic total occlusion (CTO)
devices, peripheral vascular stents, synthetic surgical grafts, peripheral
transluminal angioplasty (PTA) guidewires, atherectomy devices, aortic stents,
inferior vena cava filters and embolic protection devices. The atherectomy
devices segment is anticipated to dominate the global market due to
lifestyle-related disorders, rising obesity and the increasing prevalence of
atherosclerosis.
North America led the peripheral vascular devices market in 2018
and is predicted to grow in the future owing to factors like the strong
presence of industry players, the rising number of cases related to
cardiovascular diseases and growing geriatric population in the region. Europe
is the second-largest market region followed by the Asia Pacific region.
Key market players in the peripheral vascular devices
market are Medtronic (Ireland), Becton, Dickinson and Company (US), Terumo
Corporation (Japan), Boston Scientific Corporation (US), Abbott (US), Cardinal
Health (US), iVascular (Spain), B. Braun Melsungen (Germany), Biosensors
International Group (Singapore), BIOTRONIK SE & Co. KG (Germany), Penumbra
Inc.
Medtronic is the leading key player of peripheral vascular devices
industry. It accounted for the largest peripheral vascular devices market share
in 2017. The company mainly emphasizes on organic strategies to establish its
position in the peripheral vascular devices market. It has been investing over
8% of its total revenue on research and development for instigating innovative
products in the market.
Boston Scientific is another big major player of the peripheral vascular
devices market. The company received FDA approval for Eluvia, a drug-emitting
vascular stent system for PAD treatment in 2018. Furthermore, Boston Scientific
and C.R Bard agreed to distribute the Lutonix 035 Drug-Coated Balloon
Percutaneous Transluminal Angioplasty Catheter (Lutonix DCB) in the United
States.
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Global Peripheral Vascular Devices Market Segmentation:
By Type
· Angioplasty Balloons
o Old/Normal Balloons
o Cutting and Scoring Balloons
o Drug-Eluting Balloons
· Angioplasty Stents
o Drug-Eluting Stents
o Bare-Metal Stents
§ Balloon-Expandable Stents
§ Self-Expandable Stents
· Catheters
o Angioplasty Catheters
o Guiding Catheters
o IVUXS/OCT Catheters
· Endovascular Aneurysm Repair Stent Graft
o Abdominal Aortic Aneurysm Stent Grafts
o Thoracic Aortic Aneurysm Stent Grafts
· Inferior Vena Cava Filters
o Retrievable Filters
o Permanent Filters
· Plaque Modification Devices
o Atherectomy Devices
o Thrombectomy Devices
· Hemodynamic Flow Alteration Devices
o Embolic Protection Devices
o Chronic Total Occlusion (CTO)
devices
· Others
o Guidewires
o Vascular Closure Devices
o Introducer Sheaths
o Balloon Inflation Devices
By Region
· North America
· Europe
· Asia Pacific
· Rest of the World
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FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market
growth
Objectives of the Study:
- To provide with an exhaustive
analysis on the global peripheral vascular devices market by type and by
region
- To cater comprehensive information on
factors impacting market growth (drivers, restraints, opportunities, and
industry-specific restraints)
- To evaluate and forecast
micro-markets and the overall market
- To predict the Peripheral Vascular Devices market size, in key regions (along with countries)— Europe, North America, Asia Pacific and the rest of the world
- To record evaluate and competitive
landscape mapping- product launches, technological advancements, mergers
and expansions
- Profiling of companies to evaluate
their market shares, strategies, financials and core competencies
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Website: www.futurewiseresearch.com
Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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