Peripheral Vascular Devices Market- Insights By Revenue, Upcoming Trends And Worldwide Players Foresights Till 2028

The Peripheral Vascular Devices Market is projected to reach US$ 17,679.72 million by 2028 from US$ 11,375.13 million in 2021; it is estimated to grow at a CAGR of 6.5% during 2021-2028.

Market Dynamics
The report focuses on market trends and growth drivers, such as the increasing prevalence of hypertension, obesity, smoking, alcoholism, and peripheral vascular diseases. However, the peripheral vascular devices market growth is impeded by the expensive cost of peripheral vascular devices. The risk of developing peripheral vascular diseases is higher in individuals with hypertension, atherosclerosis, smoking, alcoholism, and obesity, resulting in increased demand for peripheral vascular devices.

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Analysis of the Top Market Players:

1. Abbott
2. Edwards Lifesciences Corporation
3. Medtronic
4. Teleflex Incorporated
5. Boston Scientific Corporation
6. BD
7. Cook Medical LLC
8. Terumo Corporation
9. B. Braun Melsungen AG
10. Cardinal Health Inc

In this report, the market has been segmented on the basis of:

Product (Peripheral Vascular Stents, Peripheral Transluminal Angioplasty Balloon Catheters, PTA Guidewires, Atherectomy Devices, Chronic Total Occlusion Devices, Aortic Stents, Synthetic Surgical Grafts, and Embolization Guidewires)

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Market Segmentation
The global peripheral vascular devices market comprises several categories, such as peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, and embolization guidewires. The peripheral vascular stents segment is projected to account for the largest market share in 2021. The peripheral transluminal angioplasty balloon catheters segment is expected to grow at the fastest CAGR of 7.5% from 2021 to 2028, due to the increased use of this type of catheter for treating various medical conditions worldwide. The peripheral vascular devices market is divided into several end-user categories, including hospitals and clinics, specialty clinics, ambulatory care centers, and others, with the hospitals and clinics segment holding the largest market share in 2021. This segment is expected to grow at the fastest CAGR of 6.9% from 2021 to 2028, owing to the growing prevalence of peripheral vascular diseases globally.

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