- Angioplasty Balloons
- Angioplasty Stents
- Catheters
- Endovascular Aneurysm Repair Stent Grafts
- Inferior Vena Cava Filters
- Plaque Modification Devices
- Hemodynamic Flow Alteration Devices
- Others
Peripheral Vascular Devices Market was valued at USD 14,291.9 million in 2023 and growing at a CAGR of 4.9%. The market is driven by the increasing prevalence of peripheral arterial disease (PAD), technological advancements, growing demand for minimally invasive procedures, and increasing awareness of peripheral arterial disease. It is estimated that over 200 million people worldwide have PAD. The prevalence of PAD increases with age, affecting a substantial proportion of the elderly population, with rates exceeding 20% in individuals over 80 years old. PAD is a major risk factor for heart attack, stroke, and amputation. The rising incidence of PAD is due to factors such as the aging population, diabetes, and smoking.
Peripheral vascular devices are used in minimally invasive procedures, which offer several advantages over traditional surgery, such as shorter hospital stays and faster recovery times. Advancements in technology are leading to the development of new and improved peripheral vascular devices. For instance, bioresorbable stents, which dissolve in the body over time, are reducing the need for repeat procedures. There is a growing public awareness of PAD, which is leading to more people being diagnosed and treated for the condition. however, the restraining factors hinder the growth of the market. high cost of devices, reimbursement challenges, and stringent regulatory approvals. Peripheral vascular devices can be expensive, which can limit access to care for some patients. Reimbursement rates from Medicare and other insurers can be low, which can discourage hospitals from investing in new peripheral vascular devices. The regulatory approval process for new peripheral vascular devices can be lengthy and expensive.
Study Period
2024-2030Base Year
2023CAGR
4.9%Largest Market
North AmericaFastest Growing Market
North America
The market for peripheral vascular devices is growing in emerging markets, such as China and India, due to rising incomes and increasing awareness of PAD. Peripheral vascular devices are being used to treat a wider range of conditions, such as chronic venous insufficiency and lymphedema. The focus on value-based care is creating an opportunity for manufacturers of peripheral vascular devices to develop products that demonstrate improved clinical outcomes and cost-effectiveness. Advancements in artificial intelligence, robotics, and 3D printing are expected to lead to the development of new and improved peripheral vascular devices. Minimally invasive procedures are a major trend in the peripheral vascular devices market. This trend is expected to continue, as device manufacturers develop new and improved devices that can be used in minimally invasive procedures. There is a growing trend toward providing peripheral vascular care in the home setting. This is being driven by the development of new technologies that make it possible to provide care at home safely and effectively. The use of data analytics increasing to improve the care of patients with peripheral vascular disease. In this case, data analytics can be used to identify patients who are at high risk of complications and to develop more effective treatment plans.
By Product Type
By Indication
By Artery Type
By Application
The peripheral vascular devices market was valued at USD 14,291.9 million in 2023 and growing at a CAGR of 4.9%.
The market is driven by the increasing prevalence of peripheral arterial disease (PAD), technological advancements, growing demand for minimally invasive procedures, and increasing awareness of peripheral arterial disease
Medtronic (US), Boston Scientific (US), Abbott Laboratories (US), Terumo (Japan), Cordis (US), B. Braun (Germany)
1.Executive Summary |
2.Global Peripheral Vascular Devices Market Introduction |
2.1.Global Peripheral Vascular Devices Market - Taxonomy |
2.2.Global Peripheral Vascular Devices Market - Definitions |
2.2.1.Product Type |
2.2.2.Indication |
2.2.3.Artery Type |
2.2.4.Application |
2.2.5.Region |
3.Global Peripheral Vascular Devices Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Peripheral Vascular Devices Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Peripheral Vascular Devices Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Angioplasty Balloons |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Angioplasty Stents |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Catheters |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Endovascular Aneurysm Repair Stent Grafts |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Inferior Vena Cava Filters |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Plaque Modification Devices |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Hemodynamic Flow Alteration Devices |
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Others |
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
6.Global Peripheral Vascular Devices Market By Indication, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Target Artery Instability (TAI) |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Access Artery Injury (AAI) |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Peripheral Arterial Disease |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Arteriovenous Fistulas |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Peripheral Aneurysms |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Others |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7.Global Peripheral Vascular Devices Market By Artery Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Carotid Artery |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Fem-Pop Artery |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Iliac Artery |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Infrapop Artery |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8.Global Peripheral Vascular Devices Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Hospitals |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Ambulatory Surgical Centres |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Cardiac Catheterization Labs |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
9.Global Peripheral Vascular Devices Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10.North America Peripheral Vascular Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Angioplasty Balloons |
10.1.2.Angioplasty Stents |
10.1.3.Catheters |
10.1.4.Endovascular Aneurysm Repair Stent Grafts |
10.1.5.Inferior Vena Cava Filters |
10.1.6.Plaque Modification Devices |
10.1.7.Hemodynamic Flow Alteration Devices |
10.1.8.Others |
10.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Target Artery Instability (TAI) |
10.2.2.Access Artery Injury (AAI) |
10.2.3.Peripheral Arterial Disease |
10.2.4.Arteriovenous Fistulas |
10.2.5.Peripheral Aneurysms |
10.2.6.Others |
10.3. Artery Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Carotid Artery |
10.3.2.Fem-Pop Artery |
10.3.3.Iliac Artery |
10.3.4.Infrapop Artery |
10.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Hospitals |
10.4.2.Ambulatory Surgical Centres |
10.4.3.Cardiac Catheterization Labs |
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11.Europe Peripheral Vascular Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Angioplasty Balloons |
11.1.2.Angioplasty Stents |
11.1.3.Catheters |
11.1.4.Endovascular Aneurysm Repair Stent Grafts |
11.1.5.Inferior Vena Cava Filters |
11.1.6.Plaque Modification Devices |
11.1.7.Hemodynamic Flow Alteration Devices |
11.1.8.Others |
11.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Target Artery Instability (TAI) |
11.2.2.Access Artery Injury (AAI) |
11.2.3.Peripheral Arterial Disease |
11.2.4.Arteriovenous Fistulas |
11.2.5.Peripheral Aneurysms |
11.2.6.Others |
11.3. Artery Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Carotid Artery |
11.3.2.Fem-Pop Artery |
11.3.3.Iliac Artery |
11.3.4.Infrapop Artery |
11.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Hospitals |
11.4.2.Ambulatory Surgical Centres |
11.4.3.Cardiac Catheterization Labs |
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
12.Asia Pacific (APAC) Peripheral Vascular Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Angioplasty Balloons |
12.1.2.Angioplasty Stents |
12.1.3.Catheters |
12.1.4.Endovascular Aneurysm Repair Stent Grafts |
12.1.5.Inferior Vena Cava Filters |
12.1.6.Plaque Modification Devices |
12.1.7.Hemodynamic Flow Alteration Devices |
12.1.8.Others |
12.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Target Artery Instability (TAI) |
12.2.2.Access Artery Injury (AAI) |
12.2.3.Peripheral Arterial Disease |
12.2.4.Arteriovenous Fistulas |
12.2.5.Peripheral Aneurysms |
12.2.6.Others |
12.3. Artery Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Carotid Artery |
12.3.2.Fem-Pop Artery |
12.3.3.Iliac Artery |
12.3.4.Infrapop Artery |
12.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Hospitals |
12.4.2.Ambulatory Surgical Centres |
12.4.3.Cardiac Catheterization Labs |
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13.Middle East and Africa (MEA) Peripheral Vascular Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Angioplasty Balloons |
13.1.2.Angioplasty Stents |
13.1.3.Catheters |
13.1.4.Endovascular Aneurysm Repair Stent Grafts |
13.1.5.Inferior Vena Cava Filters |
13.1.6.Plaque Modification Devices |
13.1.7.Hemodynamic Flow Alteration Devices |
13.1.8.Others |
13.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Target Artery Instability (TAI) |
13.2.2.Access Artery Injury (AAI) |
13.2.3.Peripheral Arterial Disease |
13.2.4.Arteriovenous Fistulas |
13.2.5.Peripheral Aneurysms |
13.2.6.Others |
13.3. Artery Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Carotid Artery |
13.3.2.Fem-Pop Artery |
13.3.3.Iliac Artery |
13.3.4.Infrapop Artery |
13.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Hospitals |
13.4.2.Ambulatory Surgical Centres |
13.4.3.Cardiac Catheterization Labs |
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14.Latin America Peripheral Vascular Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Angioplasty Balloons |
14.1.2.Angioplasty Stents |
14.1.3.Catheters |
14.1.4.Endovascular Aneurysm Repair Stent Grafts |
14.1.5.Inferior Vena Cava Filters |
14.1.6.Plaque Modification Devices |
14.1.7.Hemodynamic Flow Alteration Devices |
14.1.8.Others |
14.2. Indication Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Target Artery Instability (TAI) |
14.2.2.Access Artery Injury (AAI) |
14.2.3.Peripheral Arterial Disease |
14.2.4.Arteriovenous Fistulas |
14.2.5.Peripheral Aneurysms |
14.2.6.Others |
14.3. Artery Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Carotid Artery |
14.3.2.Fem-Pop Artery |
14.3.3.Iliac Artery |
14.3.4.Infrapop Artery |
14.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Hospitals |
14.4.2.Ambulatory Surgical Centres |
14.4.3.Cardiac Catheterization Labs |
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.Medtronic |
15.2.2.Boston Scientific Corporation |
15.2.3.Abbott |
15.2.4.Becton, Dickinson and Company |
15.2.5.Terumo Corporation |
15.2.6.Cardinal Health |
15.2.7.Braun Melsungen AG |
15.2.8.Merit Medical Systems |
15.2.9.Penumbra, Inc. |
15.2.10.Koninklijke Philips N.V. |
15.2.11.iVascular S.L.U |
15.2.12.Biosensors International Group Ltd. |
16. Research Methodology |
17. Appendix and Abbreviations |