Peripheral Vascular Devices Market - Trends Forecast Till 2028

Market Overview

The global peripheral vascular devices market size is projected to reach a CAGR of 8.4% from 2021-2028.

Vascular devices can be referred to as a medical device, utilized in the case of catheterization post a cardiovascular surgery, for the closure and achieving haemostasis in the artery.

Rising demand for minimally-invasive procedures, especially for peripheral arterial disease, lifestyle changes, increase in aging population, and technological advancements are some of the factors that have supported long-term expansion for Peripheral Vascular Devices Market.

Regional Analysis

North America dominated the peripheral vascular devices market in 2019, and it is expected to grow similarly in the future due to factors, like the rising incidence of cardiovascular diseases, growing geriatric population, and the strong presence of industry players in the region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Abbott Laboratories
• Boston Scientific Corporation
• Becton
• Dickinson and Company
• Cook Group
• Medtronic PLC
• Penumbra, Inc.
• Koninklijke Philips N.V.
• Ivascular S.L.U.
• Biosensors International Group, Ltd.
• Biotronik

Recent Developments

• September 14, 2021 — Childhood is a time of rapid growth, and a time that's critical for children to get the right nutrition. Abbott announced the launch of its innovative childhood nutrition solution, the new PediaSure with arginine and natural vitamin K2 to support children's growth and development through proper nutrition.
• 31 August 2021 — Abbott, the global healthcare company has announced the introduction of a room-temperature-stable, single-dose formulation of carbetocin in India, which is available in convenient vials, to help in the prevention of postpartum haemorrhage (PPH). Abbott’s product is available in the private sector. PPH refers to excessive blood loss of 500 ml or more after vaginal delivery and 1000 ml or more after a caesarean procedure, within 24 hours of childbirth3. Although preventable, PPH is associated with almost 20% maternal mortality in the country.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Peripheral Vascular Devices Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope