Market Research Report
Europe Peripheral Vascular Devices Market Forecast 2021-2028
|Europe Peripheral Vascular Devices Market Forecast 2021-2028|
Published: March 1, 2021
Content info: 140 Pages
Delivery time: 2-3 business days
The Europe peripheral vascular devices market is projected to grow at a CAGR of 11.32% during the forecast period, 2021-2028. The rising focus on developing newer devices by market players, along with product launches and approvals, offers ample market growth opportunities.
France, Italy, the United Kingdom, Belgium, Poland, Russia, Germany, and Rest of Europe, are evaluated for the Europe peripheral vascular devices market growth analysis. Research and development are prominent in Germany. Also, there is swift adoption of new technology in healthcare, much higher than in other European nations. As per a report, peripheral artery disease affects almost 20% of Germans aged 70 and above. With advancements in endovascular and surgical techniques, the government establishes guidelines that cover distal aorta and atherosclerotic lower extremity artery disease. Such factors are estimated to propel market growth.
In Russia, cardiovascular disease (CVD) is a leading cause of death and disability. The mortality rates due to CVD are high in the Russian Federation compared to the average in Europe. 29.4% of deaths are due to coronary heart disease (CHD), while 17.6% are due to cerebrovascular disease. Several preventive measures are being implemented to promote healthy lifestyles and minimizing risk factors. This will further aid in sustaining CVD mortality and increasing life expectancy. Whereas in Spain, there is a high prevalence of peripheral vascular diseases attributed to poor habits and obesity. Moreover, there is rising disposable income and increasing adoption of advanced technological products. Such factors boost the market growth in Spain.
Some of the eminent companies in the market are Cardinal Health Inc (CORDIS), Becton, Dickinson And Company, Edwards Lifesciences Corporation, Boston Scientific Corporation, Cook Group, etc.