Peripheral Vascular Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By End User, By Region and Competition, 2020-2030F

Description

The Global Peripheral Vascular Devices Market reached a valuation of USD 10.58 billion in 2024 and is poised to expand to USD 15.74 billion by 2030, registering a CAGR of 6.84% during the forecast period. This growth is largely driven by an aging global population and a corresponding rise in peripheral vascular diseases. Contributing factors include a favorable reimbursement landscape, increasing approvals for new products, and the rising incidence of diabetes. Tobacco use, another key risk factor, further fuels market expansion. Notably, technological innovations such as Siemens Healthineers' 2022 launch of the ACUSON AcuNav Volume 4D ICE Catheter in the U.S. exemplify how advanced devices are broadening the scope of vascular interventions, particularly for patients previously unsuitable for certain procedures.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 10.58 Billion
Market Size 2030	USD 15.74 Billion
CAGR 2025-2030	6.84%
Fastest Growing Segment	Ambulatory Surgical Centers
Largest Market	North America

Key Market Drivers

Rising Prevalence of Peripheral Artery Disease (PAD) and Diabetes

A major driver of the peripheral vascular devices market is the escalating incidence of Peripheral Artery Disease (PAD) and diabetes globally. PAD affects over 15% of individuals aged 60+, and more than 35% of diabetic patients also develop PAD, highlighting the urgent need for vascular intervention tools. According to the World Health Organization (WHO), cardiovascular diseases, including PAD, remain the leading cause of death worldwide. Diabetes exacerbates vascular issues by accelerating atherosclerosis, which narrows arteries and restricts blood flow, thereby increasing the demand for medical devices like stents, angioplasty balloons, and catheters. Additionally, global public health campaigns aimed at controlling diabetes and its complications indirectly support market growth.

Key Market Challenges

Stringent Regulatory Requirements

The stringent regulatory environment represents a key hurdle for manufacturers of peripheral vascular devices. Authorities like the FDA and EMA mandate extensive clinical trials and safety checks, which can delay product releases and inflate development costs. Furthermore, inconsistencies in regulatory standards across countries complicate international market entry, requiring companies to invest heavily in compliance efforts. This complexity may impede innovation and restrict access to cutting-edge devices in some regions. Although initiatives to harmonize global standards are in progress, regulatory disparity remains a significant barrier to market expansion.

Key Market Trends

Technological Advancements in Peripheral Vascular Devices

The peripheral vascular devices market is witnessing rapid transformation through technological advancements. Innovations such as drug-eluting stents, which prevent arterial re-narrowing, have significantly improved clinical outcomes. Bioresorbable scaffolds-accounting for nearly 20% of newly developed vascular devices-provide temporary vascular support before dissolving, thereby minimizing long-term risks. Additionally, the integration of artificial intelligence and machine learning is enhancing diagnostic precision and enabling personalized treatment planning. These developments contribute to more effective, less invasive procedures, aligning with the global healthcare shift toward minimally invasive interventions. Regulatory support and increased R&D funding are further propelling these advancements.

Key Market Players

Abbott Laboratories
AngioScore Inc.
Edward Lifesciences Corporation
Medtronic Inc
St. Jude Medical
Teleflex Medical
Volcano Corporation
Boston Scientific Corporation
Teleflex Medical
Cook Group Inc.

Report Scope:

In this report, Global Peripheral Vascular Devices market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Peripheral Vascular Devices Market, By Type:

Peripheral Stents
PTA Balloons
Catheters
Endovascular Aneurysm Repair Stent Grafts
Plaque Modification Devices
Peripheral Accessories
Inferior Vena Cava Filters
Hemodynamic Flow Alteration Devices

Peripheral Vascular Devices Market, By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Peripheral Vascular Devices Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Peripheral Vascular Devices Market.

Available Customizations:

Global Peripheral Vascular Devices Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Peripheral Vascular Devices Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Peripheral Stents, PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices)
- 5.2.2. By End User (Hospitals, Clinics, Ambulatory Surgical Centers)
- 5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
- 5.2.4. By Company (2024)
5.3. Market Map
5.3.1 By Type
5.3.2 By End Users
5.3.3 By Region

6. North America Peripheral Vascular Devices Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type (Peripheral Stents, PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices)
- 6.2.2. By End User (Hospitals, Clinics, Ambulatory Surgical Centers)
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Peripheral Vascular Devices Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By End User
- 6.3.2. Canada Peripheral Vascular Devices Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By End User
- 6.3.3. Mexico Peripheral Vascular Devices Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By End User

7. Europe Peripheral Vascular Devices Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type (Peripheral Stents, PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices)
- 7.2.2. By End User (Hospitals, Clinics, Ambulatory Surgical Centers)
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. France Peripheral Vascular Devices Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By End User
- 7.3.2. Germany Peripheral Vascular Devices Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By End User
- 7.3.3. United Kingdom Peripheral Vascular Devices Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By End User
- 7.3.4. Italy Peripheral Vascular Devices Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By End User
- 7.3.5. Spain Peripheral Vascular Devices Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By End User

8. Asia-Pacific Peripheral Vascular Devices Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type (Peripheral Stents, PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices)
- 8.2.2. By End User (Hospitals, Clinics, Ambulatory Surgical Centers)
- 8.2.3. By Country
8.3. Asia-Pacific: Country Analysis
- 8.3.1. China Peripheral Vascular Devices Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By End User
- 8.3.2. India Peripheral Vascular Devices Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By End User
- 8.3.3. Japan Peripheral Vascular Devices Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By End User
- 8.3.4. South Korea Peripheral Vascular Devices Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By End User
- 8.3.5. Australia Peripheral Vascular Devices Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By End User

9. South America Peripheral Vascular Devices Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type (Peripheral Stents, PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices)
- 9.2.2. By End User (Hospitals, Clinics, Ambulatory Surgical Centers)
- 9.2.3. By Country
9.3. South America: Country Analysis
- 9.3.1. Brazil Peripheral Vascular Devices Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By End User
- 9.3.2. Argentina Peripheral Vascular Devices Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By End User
- 9.3.3. Colombia Peripheral Vascular Devices Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By End User

10. Middle East and Africa Peripheral Vascular Devices Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type (Peripheral Stents, PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices)
- 10.2.2. By End User (Hospitals, Clinics, Ambulatory Surgical Centers)
- 10.2.3. By Country
10.3. MEA: Country Analysis
- 10.3.1. South Africa Peripheral Vascular Devices Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By End User
- 10.3.2. Saudi Arabia Peripheral Vascular Devices Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By End User
- 10.3.3. UAE Peripheral Vascular Devices Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By End User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Recent Development
12.2. Mergers & Acquisitions
12.3. Product Launches

13. Global Peripheral Vascular Devices Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Abbott Laboratories
- 15.1.1. Business Overview
- 15.1.2. Company Snapshot
- 15.1.3. Products & Services
- 15.1.4. Financials (As Reported)
- 15.1.5. Recent Developments
- 15.1.6. Key Personnel Details
- 15.1.7. SWOT Analysis
15.2. Angioscore Inc.
15.3. Edward Lifesciences Corporation
15.4. Medtronic Inc
15.5. St. Jude Medical
15.6. Teleflex Medical
15.7. Volcano Corporation
15.8. Boston Scientific Corporation
15.9. Teleflex Medical
15.10. Cook Group Inc.