PUBLISHER: Meticulous Research | PRODUCT CODE: 1947429
PUBLISHER: Meticulous Research | PRODUCT CODE: 1947429
According to the research report titled, 'Peripheral Vascular Devices Market by Type [Angioplasty Balloon, Stents, Catheters (Guiding, IVUS), IVC Filter, Atherectomy, Thrombectomy, Hemodynamic Flow Alteration (Embolic Protection, Occlusion)] and Geography - Global Forecast to 2036,' the global peripheral vascular devices market is expected to reach approximately USD 21.6 billion by 2036 from USD 10.49 billion in 2026, at a CAGR of 7.5% during the forecast period (2026-2036). The report provides an in-depth analysis of the global peripheral vascular devices market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2036.
Following extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges. The major factors driving the growth of the peripheral vascular devices market include rising prevalence of peripheral artery disease (PAD), aging global population, and increasing adoption of minimally invasive endovascular procedures. Additionally, technological advancements in drug-eluting stents and balloons, development of bioresorbable scaffolds, focus on treating complex lesions and below-the-knee disease, and growing awareness about early diagnosis and treatment are expected to create significant growth opportunities for players operating in the peripheral vascular devices market.
The peripheral vascular devices market is segmented by type (angioplasty balloon, stents, catheters, IVC filter, atherectomy, thrombectomy, hemodynamic flow alteration) and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on Type
By type, the angioplasty stents segment is expected to account for the largest share of the peripheral vascular devices market in 2026. Stents are the most widely used devices for treating arterial blockages, providing a mechanical scaffold to keep the vessel open and restore blood flow. The development of drug-eluting stents (DES), which release medication to prevent the recurrence of blockages, has further solidified their position as the standard of care. Drug-eluting balloons are projected to grow at the fastest CAGR, driven by their ability to deliver anti-proliferative drugs directly to the vessel wall without requiring permanent stent implants. Other segments include angioplasty balloons, catheters (guiding and IVUS), IVC filters, atherectomy devices, thrombectomy systems, and hemodynamic flow alteration devices.
Geographic Analysis
An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. North America is expected to dominate the global peripheral vascular devices market with the largest market share in 2026, attributed to high prevalence of peripheral vascular diseases, well-established healthcare system with high rates of diagnosis and treatment, and favorable reimbursement policies for endovascular procedures. Asia-Pacific is projected to witness the fastest growth during the forecast period, driven by large and aging population, rising prevalence of risk factors like diabetes and hypertension, and increasing healthcare investments in countries like China and India.
Key Players
The key players operating in the global peripheral vascular devices market are Medtronic plc (Ireland), Boston Scientific Corporation (U.S.), Abbott Laboratories (U.S.), Terumo Corporation (Japan), B. Braun Melsungen AG (Germany), Becton, Dickinson and Company (BD) (U.S.), Cardinal Health, Inc. (U.S.), Cook Group (U.S.), Koninklijke Philips N.V. (Netherlands), and various other regional and emerging manufacturers, among others.
Key Questions Answered in the Report-
Peripheral Vascular Devices Market Assessment -- by Type
Peripheral Vascular Devices Market Assessment -- by Geography