| Product Code: ETC13134157 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Peripheral Intervention Devices Market was valued at USD 5.6 Billion in 2024 and is expected to reach USD 8.7 Billion by 2031, growing at a compound annual growth rate of 6.50% during the forecast period (2025-2031).
The Global Peripheral Intervention Devices Market is witnessing steady growth driven by factors such as the increasing prevalence of peripheral artery disease, technological advancements in minimally invasive procedures, and the rising aging population. These devices are used in the treatment of peripheral vascular diseases, including atherosclerosis and deep vein thrombosis, through procedures like angioplasty, atherectomy, and stenting. Key players in the market are investing in product development to enhance efficacy and patient outcomes. North America dominates the market due to the high incidence of vascular diseases, followed by Europe and the Asia Pacific. However, emerging economies in the Asia Pacific region are showing significant growth potential due to improving healthcare infrastructure and increasing awareness about peripheral vascular diseases. The market is expected to continue growing as the demand for minimally invasive procedures rises globally.
The Global Peripheral Intervention Devices Market is experiencing significant growth driven by technological advancements, increasing prevalence of peripheral artery disease, and a growing aging population. Key trends in the market include a shift towards minimally invasive procedures, development of advanced stents and balloons, and the rising adoption of drug-coated devices. Opportunities in the market lie in emerging markets such as Asia-Pacific and Latin America, where there is a growing demand for peripheral intervention devices due to improving healthcare infrastructure and rising healthcare expenditure. Furthermore, the increasing focus on research and development activities to introduce innovative products and expanding indications for peripheral interventions present lucrative prospects for market players. Overall, the Global Peripheral Intervention Devices Market is poised for continued expansion and innovation in the coming years.
The Global Peripheral Intervention Devices Market faces several challenges, including regulatory hurdles, evolving reimbursement policies, and intense competition among market players. Regulatory approvals are often time-consuming and expensive, impacting product launches and market penetration. Additionally, changes in reimbursement policies can significantly affect the adoption of peripheral intervention devices, especially in emerging markets. The market is also highly competitive, with companies constantly innovating to stay ahead, leading to pricing pressures and the need for continuous product development. Moreover, technological advancements and the complexity of peripheral interventions present challenges in training healthcare professionals adequately. Overall, overcoming these challenges requires a deep understanding of regulatory environments, proactive market strategies, and a focus on innovation to meet evolving healthcare needs.
The Global Peripheral Intervention Devices Market is being primarily driven by the increasing prevalence of peripheral artery disease (PAD) and the rising demand for minimally invasive procedures. The growing aging population, unhealthy lifestyle habits leading to an increase in chronic diseases, and advancements in technology for peripheral interventions are also key drivers fueling market growth. Additionally, the rising adoption of endovascular techniques over traditional surgical procedures, along with the expansion of healthcare infrastructure in emerging markets, contribute to the market`s expansion. Moreover, the development of innovative peripheral intervention devices, such as drug-eluting stents and atherectomy devices, further propel market growth by offering improved outcomes and reduced treatment times for patients with peripheral vascular conditions.
Government policies related to the Global Peripheral Intervention Devices Market focus on ensuring safety, efficacy, and quality standards for these medical devices. Regulatory bodies such as the Food and Drug Administration (FDA) in the United States and the European Medicines Agency (EMA) in the European Union enforce stringent approval processes to assess the performance and safety of peripheral intervention devices before they can be marketed. These policies aim to protect patient health and promote innovation in the industry by setting clear guidelines for manufacturers to follow. Additionally, reimbursement policies set by government healthcare systems influence market access and adoption of these devices, impacting pricing strategies and market dynamics. Compliance with these regulations is crucial for companies operating in the global peripheral intervention devices market to maintain market share and meet patient needs effectively.
The Global Peripheral Intervention Devices Market is poised for significant growth in the coming years, driven by factors such as the rising prevalence of cardiovascular diseases, technological advancements in minimally invasive procedures, and increasing demand for endovascular interventions. The market is expected to see a steady increase in demand for devices such as angioplasty balloons, stents, atherectomy devices, thrombectomy devices, and others as these procedures become more widely adopted. Additionally, the aging population and the growing trend towards outpatient care are likely to contribute to the market`s expansion. Emerging markets in Asia Pacific and Latin America are also expected to present lucrative opportunities for market players. Overall, the Global Peripheral Intervention Devices Market is anticipated to experience robust growth in the foreseeable future.
In the Global Peripheral Intervention Devices Market, Asia is poised for significant growth due to a rise in healthcare infrastructure investment and increasing prevalence of chronic diseases. North America leads the market due to advanced healthcare facilities and high adoption of innovative medical technologies. Europe boasts a mature market with a strong presence of key players and a focus on technological advancements. The Middle East and Africa region is witnessing steady growth attributed to improving healthcare access and rising awareness about peripheral vascular diseases. Latin America is expected to show promising growth driven by increasing healthcare expenditure and expanding product availability. Overall, the peripheral intervention devices market is witnessing dynamic growth across regions, with varying factors influencing market trends and opportunities.
Global Peripheral Intervention Devices Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Peripheral Intervention Devices Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Peripheral Intervention Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Global Peripheral Intervention Devices Market - Industry Life Cycle |
3.4 Global Peripheral Intervention Devices Market - Porter's Five Forces |
3.5 Global Peripheral Intervention Devices Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Peripheral Intervention Devices Market Revenues & Volume Share, By Device Types, 2021 & 2031F |
4 Global Peripheral Intervention Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Peripheral Intervention Devices Market Trends |
6 Global Peripheral Intervention Devices Market, 2021 - 2031 |
6.1 Global Peripheral Intervention Devices Market, Revenues & Volume, By Device Types, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Peripheral Intervention Devices Market, Revenues & Volume, By Angioplasty Balloons and Stents, 2021 - 2031 |
6.1.3 Global Peripheral Intervention Devices Market, Revenues & Volume, By Catheters, 2021 - 2031 |
6.1.4 Global Peripheral Intervention Devices Market, Revenues & Volume, By Hemodynamic Flow Alteration Devices, 2021 - 2031 |
6.1.5 Global Peripheral Intervention Devices Market, Revenues & Volume, By Plaque Modification Devices, 2021 - 2031 |
6.1.6 Global Peripheral Intervention Devices Market, Revenues & Volume, By Vena Cava Filter Placement Devices, 2021 - 2031 |
6.1.7 Global Peripheral Intervention Devices Market, Revenues & Volume, By Mechanical Atherectomy Devices, 2021 - 2031 |
6.1.8 Global Peripheral Intervention Devices Market, Revenues & Volume, By Accessory Devices, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.3.1 Overview & Analysis |
7 North America Peripheral Intervention Devices Market, Overview & Analysis |
7.1 North America Peripheral Intervention Devices Market Revenues & Volume, 2021 - 2031 |
7.2 North America Peripheral Intervention Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Peripheral Intervention Devices Market, Revenues & Volume, By Device Types, 2021 - 2031 |
8 Latin America (LATAM) Peripheral Intervention Devices Market, Overview & Analysis |
8.1 Latin America (LATAM) Peripheral Intervention Devices Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Peripheral Intervention Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Peripheral Intervention Devices Market, Revenues & Volume, By Device Types, 2021 - 2031 |
9 Asia Peripheral Intervention Devices Market, Overview & Analysis |
9.1 Asia Peripheral Intervention Devices Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Peripheral Intervention Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Peripheral Intervention Devices Market, Revenues & Volume, By Device Types, 2021 - 2031 |
10 Africa Peripheral Intervention Devices Market, Overview & Analysis |
10.1 Africa Peripheral Intervention Devices Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Peripheral Intervention Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Peripheral Intervention Devices Market, Revenues & Volume, By Device Types, 2021 - 2031 |
11 Europe Peripheral Intervention Devices Market, Overview & Analysis |
11.1 Europe Peripheral Intervention Devices Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Peripheral Intervention Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Peripheral Intervention Devices Market, Revenues & Volume, By Device Types, 2021 - 2031 |
12 Middle East Peripheral Intervention Devices Market, Overview & Analysis |
12.1 Middle East Peripheral Intervention Devices Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Peripheral Intervention Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Peripheral Intervention Devices Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Peripheral Intervention Devices Market, Revenues & Volume, By Device Types, 2021 - 2031 |
13 Global Peripheral Intervention Devices Market Key Performance Indicators |
14 Global Peripheral Intervention Devices Market - Export/Import By Countries Assessment |
15 Global Peripheral Intervention Devices Market - Opportunity Assessment |
15.1 Global Peripheral Intervention Devices Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Peripheral Intervention Devices Market Opportunity Assessment, By Device Types, 2021 & 2031F |
16 Global Peripheral Intervention Devices Market - Competitive Landscape |
16.1 Global Peripheral Intervention Devices Market Revenue Share, By Companies, 2024 |
16.2 Global Peripheral Intervention Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |