Global Peripheral Vascular Surgical Devices Market, By Product (Angioplasty Balloons, Angioplasty Stents, Catheters, EVAR Stent Grafts, Inferior Vena Cava Filters, Plaque Modification Devices, Hemodynamic Flow Alteration Devices and Other Devices), End Users (Hospitals, Clinics, Ambulatory Surgical Centres, Speciality Clinics and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Peripheral Vascular Surgical Devices Market
Data Bridge Market Research analyses that the peripheral vascular surgical devices market will exhibit a CAGR of around 6.34% for the forecast period of 2021-2028. Rising prevalence of peripheral vascular diseases, ever-rising geriatric population and increasing public and private expenditure for the development of healthcare infrastructure especially in emerging economies coupled with increasing personal disposable income are the major factors attributable to the growth of peripheral vascular surgical devices market. This signifies that the peripheral vascular surgical devices market value, which was USD 9,237.77 million in 2020 will rocket up to USD 15,105.69 million by 2028.
Peripheral vascular disease is a disease wherein the veins or arteries outside the brain and heart get blocked, narrow down or suffer spasm. This condition can be treated by angioplasty or vascular surgery. This is where the peripheral vascular surgical devices assume their role.
Upsurge in the prevalence of peripheral vascular diseases, respiratory disorders and cardiovascular disorders owing to the ever rising geriatric population is one of the major factors inducing growth in the peripheral vascular surgical devices market value. Rising prevalence of lifestyle diseases such as diabetes will further generate lucrative and remunerative growth opportunities for the peripheral vascular surgical devices market. Rising new and advanced product approvals will also act as an important peripheral vascular surgical devices market growth determinant.
However, high product failures and recalls will create hindrances for the peripheral vascular surgical devices market. Availability of alternative treatments will further challenge the peripheral vascular surgical devices market growth rate. Lack of a favourable reimbursement scenario in the developing and under developing economies will also dampen the peripheral vascular surgical devices market growth rate.
This peripheral vascular surgical devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on peripheral vascular surgical devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Peripheral Vascular Surgical Devices Market Scope and Market Size
The peripheral vascular surgical devices market is segmented on the basis of product and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the global peripheral vascular surgical devices market is segmented into angioplasty balloons, angioplasty stents, catheters, EVAR stent grafts, inferior vena cava filters, plaque modification devices, hemodynamic flow alteration devices and other devices. Angioplasty balloons segment is sub-segmented into old/normal balloons, drug-eluting balloons and cutting and scoring balloons. Angioplasty stents segment is sub-segmented into drug-eluting stents and bare-metal stents. Bare-metal stents segment is further bifurcated into self-expandable stents and balloon-expandable stents. Catheters segment is sub-segmented into angiography catheters, guiding catheters and IVUS/OCT catheters. EVAR Stent Grafts segment is sub-segmented into abdominal aortic aneurysm stent grafts and thoracic aortic aneurysm stent grafts. Inferior Vena Cava Filters segment is sub-segmented into retrievable filters and permanent filters. Plaque Modification Devices segment is sub-segmented into atherectomy devices and thrombectomy devices. Hemodynamic Flow Alteration Devices segment is sub-segmented into embolic protection devices and chronic total occlusion devices. Other Devices segment is sub-segmented into guide wires, vascular closure devices, introducer sheaths and balloon inflation devices.
- On the basis of end users, the peripheral vascular surgical devices market is segmented into hospitals, clinics, ambulatory surgical centres, speciality clinics and others.
Global Peripheral Vascular Surgical Devices Market Country Level Analysis
Global peripheral vascular surgical devices market is analysed and market size insights and trends are provided by country, product and end users as referenced above.
The countries covered in the peripheral vascular surgical devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the peripheral vascular surgical devices market owing to the rising prevalence of peripheral vascular diseases and favourable reimbursement scenario in this region. Asia-Pacific on the other hand is projected to undergo the highest growth rate during the forecast period owing to the rapid healthcare infrastructure development and large patient pool.
The country section of the peripheral vascular surgical devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The peripheral vascular surgical devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for peripheral vascular surgical devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the peripheral vascular surgical devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Peripheral Vascular Surgical Devices Market Share Analysis
The peripheral vascular surgical devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to peripheral vascular surgical devices market.
The major players covered in the peripheral vascular surgical devices market report are Bausch Health Companies Inc., B. Braun Melsungen AG, Ivascular, S.L.U, Terumo Corporation, Biosensors International Group, Ltd., BIOTRONIK SE & Co KG, Medtronic, BD, Boston Scientific Corporation, Abbott, Cardinal Health, Bayer AG, Edwards Lifesciences Corporation, Teleflex Incorporated, Cook, ENDOLOGIX LLC., W. L. Gore & Associates, Inc., Koninklijke Philips N.V., NIPRO and TE Connectivity among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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