Global Peripheral Vascular Devices Market Research Report by Type, Size and Share Analysis: 2018

Peripheral vascular disease (PVD) is narrowing of arteries outside the brain and heart. Risk factors for the growth of PVD include hypertension, obesity, diabetes and smoking. More than 5% of the population above the age of 50 years suffers from PVD. Insufficient blood flow and narrowing of arteries are the most common peripheral diseases caused due to plaque buildup. The global market for peripheral vascular devices was valued at USD 4,802.6 million in 2011, with an expected CAGR of 7.1% from 2012 to 2018. The North American region accounts for the largest market share. Asia-Pacific is the fastest growing market, on account of favorable demographic and economic conditions.

The major segments in the market include peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, embolic protection devices and inferior vena cava filters. Embolic protection devices are the fastest growing segment in the total peripheral vascular devices market.

Growth of the global peripheral vascular devices market is fuelled by the rate of population growth globally and the high incidence of peripheral vascular diseases due to increasing aging population. Rising healthcare awareness and increasing disposable incomes are other important factors driving the growth of the market.

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Peripheral Vascular Devices Market: Segmentation

The report also provides analysis of major segments such as peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA Guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, embolic protection devices and inferior vena cava filters. Peripheral vascular stents segment is further classified as fem-pop, iliac, renal and carotid. Atherectomy devices are further segmented as rotational atherectomy devices, orbital atherectomy devices, directional atherectomy devices and laser atherectomy devices. In addition, embolic protection devices market segment is categorized as balloon occlusion devices, catheter occlusion devices and filter devices. The inferior vena cava filters segment is classified as retrievable filters and permanent inferior vena cava filters. The market for these segments and sub-segments has been extensively analyzed based on number of procedures performed, reimbursement scenario and cost of the devices. The market size and forecast in terms of USD million for each segment and sub-segment has been provided for the period from 2010 – 2018, considering 2011 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2012 to 2018 for each segment and sub-segment.

The market has also been segmented geographically into four regions namely North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market for peripheral vascular devices has been extensively analyzed based on the number of minimally invasive procedures performed and incidence rate of peripheral vascular diseases in the regions. The market size and forecast in terms of USD million for each geography has been provided for the period from 2010 – 2018, considering 2011 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2012 to 2018 for each region. dominated by North America, followed by Europe, Asia-Pacific. Growth in the North American segment is primarily driven by rising prevalence of end-stage renal diseases along with growing geriatric population, early adoption of the treatment procedure and technological advancements. According to Fresenius Medical, the prevalence of hemodialysis and peritoneal dialysis patients in the USA is 18%. Asia-Pacific is expected to grow at the highest rate due to increasing population, insurance coverage, better healthcare facilities, rising healthcare income and increasing the prevalence of diseases. The prevalence of dialysis in Japan is 13% according to Fresenius medical care.

Some of the Key players in this market includes B. Braun Melsungen Ag, Becton Dickinson, and Company, C.R. Bard, Inc., Medtronic Plc, Cook Medical, Inc, Teleflex Medical, Fresenius Medical Care AG & CO., NxStage Medical, Inc., Poly Medicure Limited and others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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