Peripheral Intervention Equipment Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 8.9% from 2024 to 2030.
The global Peripheral Intervention Equipment Market was valued at approximately USD 5.2 billion in 2022 and is projected to reach around USD 7.8 billion by 2028, growing at a compound annual growth rate (CAGR) of 6.7% during the forecast period. This market growth is driven by advancements in medical technology, increasing prevalence of peripheral vascular diseases, and rising geriatric population. The development of minimally invasive techniques and the introduction of innovative devices are expected to further propel the market. Moreover, the growing awareness of peripheral interventions and improved healthcare infrastructure in emerging economies are contributing to market expansion.
Opportunities in the Peripheral Intervention Equipment Market are robust, particularly in regions such as Asia-Pacific and Latin America, where rising healthcare investments and increasing patient populations are creating significant growth prospects. The market is also witnessing a surge in demand for advanced technologies, including drug-coated balloons and cutting-edge imaging systems, which offer enhanced procedural outcomes. Furthermore, the trend towards outpatient procedures and the increasing preference for less invasive treatments are expected to drive the adoption of peripheral intervention devices, providing ample opportunities for market players and investors to capitalize on this growing sector.
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Abbott Vascular
Boston Scientific
Medtronic
Cook Medical
Terumo Corporation
B. Braun
AngioDynamics
Endologix
Inc.
Penumbra
Inc.
Stryker
Gore Medical
Spectranetics
Philips
Siemens
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Peripheral Intervention Equipment Market
Peripheral Artery Disease
Deep Vein Thrombosis
Pulmonary Embolism
Renal Artery Stenosis
Based on Types the Market is categorized into Below types that held the largest Peripheral Intervention Equipment market share In 2023.
Balloon Catheter
Stent
Thrombectomy Devices
Guidewires
Microcatheters
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Peripheral Intervention Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Peripheral Intervention Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Peripheral Intervention Equipment Market, By Type
6. Global Peripheral Intervention Equipment Market, By Application
7. Global Peripheral Intervention Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Peripheral Intervention Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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