Coherent Market Insights released on December 13, 2021

Peripheral Vascular Disease (PVD) involves constriction of the arteries outside the heart and brain. PVD can be caused by obesity, smoking, high blood pressure and diabetes. Use peripheral vascular devices to treat blocked arteries to remove plaque buildup. Commonly used devices for the treatment of PVD include peripheral endovascular angioplasty balloon catheters, peripheral vascular stents and aortic stents.

Get a free sample report with the latest Covid19 impact analysis@ https://www.coherentmarketinsights.com/insight/request-sample/391

In 2019, the global peripheral vascular equipment market value was 8.319 billion U.S. dollars, and it is expected to reach 14.592.7 billion U.S. dollars by 2027, with a compound annual growth rate of 7.3% from 2020 to 2027.

The increase in the aging population is expected to promote the growth of peripheral vascular devices worldwide. For example, the World Health Organization reports that the elderly population is expected to increase from 900 million in 2015 to 2 billion in 2050.

In addition, the increase in cases of peripheral arterial disease is expected to drive the growth of the global peripheral vascular device market during the forecast period. For example, in 2018, data released by the National Center for Biotechnology Information showed that peripheral arterial disease affects 200 million people worldwide.

Infections due to peripheral vascular implantation are expected to limit the growth of the global market for peripheral vascular devices. Medical devices can cause fungal and bacterial infections. However, the insertion of foreign objects has become an important part of the medical field. Peripheral vascular implants cause a high risk of infection because they require direct contact with the body compared to other devices.

In addition, it is expected that more and more product recalls will hinder the growth of the global peripheral vascular device market. For example, in October 2019, due to the risk of separation of external materials from the device, these fragments may remain in the patient's bloodstream, Medtronic. Begin to recall all 6 French Sherpa NX Active Guide Catheter models.

Get the latest insights in the PDF manual@ https://www.coherentmarketinsights.com/insight/request-pdf/391

Increasing the R&D activities of peripheral catheters is expected to create a lucrative opportunity environment for market competitors in the global peripheral vascular device market. For example, in October 2019, a group of scientists from PICC Excellence and Hartford Hospital (Hartford, Connecticut) demonstrated that implementing a standardized set of best practices to insert peripheral venous catheters has significant economic and clinical Advantage.

In addition, the increase in the number of cases of hypertension and type 2 diabetes is expected to increase the demand for peripheral vascular devices. For example, a study in March 2019 reported that hypothyroidism affects 24.8% of patients with type 2 diabetes, 28.9% of patients with type 2 diabetes + hypertension, and 33.5% of patients with hypertension.

Major players in the market are adopting various strategies, such as approving and launching new devices to strengthen their product portfolio. For example, in 2018, the US FDA granted Teleflex Incorporated 510(k) license for Sympro Elite Snares and Expro Elite for manipulating interventional devices in peripheral procedures.

The increasing awareness of peripheral vascular diseases is expected to promote the growth of the global peripheral vascular equipment market. For example, in November 2019, interventional cardiologists with MDs from the Texas Heart Association, Ernesto Rivera, and Brownwood Regional Medical Center launched a community education program on diabetic foot ulcers and peripheral vascular disease.

The major players active in the global peripheral vascular device market are Boston Scientific, Emboline Inc., Cook Group Inc., Covidien PLC, Medtronic Plc, Bayer AG, Abbot Laboratories, Angioscore, BD, Cordis Corporation, Edward Lifesciences Corporation, and St. Jude Medical.

Market participants are focusing on strategies such as mergers and acquisitions to increase their product portfolio. For example, in June 2020, Becton, Dickinson and Company completed the acquisition of Straub Medical AG, a private company that develops and sells medical plaque excision procedures for the treatment of venous disease and peripheral arterial disease (PAD) And thrombectomy equipment.

Purchase this advanced report to access full information @ https://www.coherentmarketinsights.com/insight/buy-now/391

Chapter 1 Industry Overview 1.1 Definition 1.2 Hypothesis 1.3 Research Scope 1.4 Market Analysis by Region 1.5 Analysis of the Global Peripheral Vascular Device Market Size from 2021 to 2027 11.6 COVID-19 Outbreak: Impact of the Peripheral Vascular Device Industry

Chapter 2 Global Peripheral Vascular Devices Competition by Type, Application, and Top Regions and Countries 2.1 Global Peripheral Vascular Devices by Type (Quantity and Value) 2.3 Global Peripheral Vascular Devices by Region (Quantity and Value)

Chapter 3 Production Market Analysis 3.1 Global Production Market Analysis 3.2 Regional Production Market Analysis

Chapter 4 Global Peripheral Vascular Device Sales, Consumption, Export, Import by Region (2016-2021) Chapter 5 North American Peripheral Vascular Device Market Analysis Chapter 6 East Asian Peripheral Vascular Device Market Analysis Chapter 7 European Peripheral Vascular Device Market Analysis Chapter 8 Peripheral Vascular Device Market Analysis in South Asia Chapter 9 Peripheral Vascular Device Market Analysis in Southeast Asia Chapter 10 Peripheral Vascular Device Market Analysis in the Middle East Chapter 11 Peripheral Vascular Device Market Analysis in Africa Chapter 12 Peripheral Vascular Device Market Analysis in Oceania Chapter 13 South Market Analysis of Peripheral Vascular Devices in the Americas Chapter 14 Company Profile and Key Data in Peripheral Vascular Devices Business Chapter 15 Global Peripheral Vascular Devices Market Forecast (2021-2027) Chapter 16 Conclusion The research methods continue...

Coherent Market Insights is a global market intelligence and consulting organization that provides joint research reports, customized research reports and consulting services. We are known for actionable insights and real reports in various fields such as aerospace and defense, agriculture, food and beverage, automotive, chemicals and materials, and almost all fields and detailed sub-field lists. We create value for customers through highly reliable and accurate reports. We are also committed to playing a leading role in providing insights in various areas after COVID-19 and continue to provide our customers with measurable and sustainable results.

Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, US Email: sales@coherentmarketinsights.com United States: +1-206-701-6702 United Kingdom: +44-020-8133-4027 Japan: +050 -5539- 1737 India: +91-848-285-0837

Register and submit press release

Medical technology changes the world! Join us to see progress in real time. At Medgadget, we report on the latest technology news, interviews with leaders in the field, and document delivery of medical events around the world since 2004.