The Global Peripheral Vascular Devices Industry is poised for a remarkable expansion, driven by the increasing need for treatment of peripheral artery disease (PAD) and other vascular ailments. According to a recent analysis by Future Market Insights (FMI), a leading market research firm, the market is projected to reach a value of US$8.9 billion by 2032. This translates to a steady Compound Annual Growth Rate (CAGR) of 6.6%, signifying a significant rise in demand for these specialized medical devices.
Peripheral Vascular Stents Lead the Way
The dominance of peripheral vascular stents in 2021 serves as a prime example of this growth. These devices, capturing a remarkable 78.5% global market share according to FMI’s research, underscore the industry’s growing focus on innovative solutions for treating peripheral vascular diseases.
FMI’s latest business report is a beacon of insight, providing a detailed exploration of the historical and current panorama of the global Peripheral Vascular Devices industry. The report encapsulates crucial aspects such as production, consumption, volume, and value, offering invaluable insights. It meticulously dissects the market into various segments, regions, and key players, all while considering demand patterns and growth prospects.
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The significant growth of the Global Peripheral Vascular Devices Industry underscores the increasing demand for innovative medical solutions, highlighting the industry’s potential for substantial expansion in the coming years. As the market continues to evolve, FMI remains dedicated to delivering comprehensive market intelligence and analysis to support industry stakeholders in making informed decisions.
Crucial information and forecast statistics covered in the Peripheral Vascular Devices industry report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
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Global Peripheral Vascular Devices Industry: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Peripheral Vascular Devices industry. Competitive information detailed in the Peripheral Vascular Devices market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Peripheral Vascular Devices industry report.
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Key players covered in the report include:
- Abbott Laboratories
- Boston Scientific Corporation
- Cook Medical Inc.
- MicroPort Scientific Corporation (Endovastec™)
- Medtronic Plc.
- Cardinal Health, Inc.
- Others
Important Questions Answered in the Global Peripheral Vascular Devices Industry Report
- Which end-user remains the top revenue contributor in different regional markets?
- At what rate has the Global Peripheral Vascular Devices Industry been expanding during the forecast period?
- How will the global Peripheral Vascular Devices industry look like by the end of the forecast period?
- What innovative strategies are adopted by Peripheral Vascular Devices market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Peripheral Vascular Devices industry?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis of growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment of the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis of each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with the necessary information to make critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Peripheral Vascular Devices industry
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Global Peripheral Vascular Devices Industry: Segmentation
By Product:
- Peripheral Vascular Stents
- Self-Expanding Stents
- Balloon Expanding Stents
- Covered Stents
- Drug-Eluting Stents
- Drug Eluting Balloons
- Peripheral Vascular Bioresorbable Scaffolds
By Indication:
- Target Artery Instability (TAI)
- Access Artery Injury (AAI)
- Peripheral Arterial Disease
- Arteriovenous Fistulas
- Peripheral Aneurysms
- Others
By Artery:
- Carotid Artery
- Fem-Pop Artery
- lilac Artery
- Infrapop Artery
By End User:
- Hospitals
- Ambulatory Surgical Centers/Outpatients
- Cardiac Catheterization Labs
Author
Sabyasachi Ghosh (Associate Vice President at Future Industry Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Industry Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Industry Insights (FMI)
Future Industry Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the Industry. FMI stands as the leading global provider of Industry intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals Industries. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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