Global Peripheral Vascular Devices Market is valued approximately at USD 8.5 billion in 2019 and is anticipated to grow with a growth rate of more than 8.7% over the forecast period 2020-2027. Peripheral Vascular Devices are used for treating peripheral arterial or coronary arterial disease and also used in the peripheral endovascular and coronary procedure. It further helps to decrease the interference of patients with a minimum disturbance during the surgical procedure. The rapid growth in the geriatric population and the subsequent increase in the prevalence of peripheral vascular diseases and increasing prevalence of hypertension, obesity, diabetes and smoking are the few factors responsible for growth of the market over the forecast period. For instance: as per Statista, the American geriatric population (65 years old or more) was 16% in 2018 and is anticipated to rise by 22 % of American geriatric population in 2050. Also, the global adult population suffered from diabetes in 2019 was around 9.3% and is expected to rise by 11% in 2045. Also, According to the United Nations, Department of Economic & Social Affairs, There were 703 million persons aged 65 years or over in the world in 2019 and is projected to double to 1.5 billion in 2050. Furthermore, the introduction of new products and other strategic alliance by the market players will create a lucrative demand for the market. On 10th July 2019, Terumo launched MISAGO? RX Self-expanding Peripheral Stent for Iliac Arteries in Japan. This system is designed with hydrophilic coating on the distal tip and the stent sheath and enable smoother access to the lesion. However, product failures and recalls are the major factors restraining the growth of global Peripheral Vascular Devices market during the forecast period.

The regional analysis of global Peripheral Vascular Devices market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing prevalence of diabetes, rising aging population, availability of reimbursement, and the presence of all key players. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Medtronic Plc
Boston Scientific Corporation
Abbott Laboratories
Becton, Dickinson And Company
Terumo Corporation
Cordis (A Subsidiary Of Cardinal Health, Inc.)
B. Braun Melsungen AG
Merit Medical
Ivascular
Biosensors International Group Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Angioplasty Balloons
Angioplasty Stents
Catheters
EVAR Stent Graftss
Inferior Vena Cava Filters
Plaque Modification Devices
Hemodynamic Flow Alteration Devices
Other Devices

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Peripheral Vascular Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors