Product Code: ETC13134166 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Peripheral Vascular Devices And Accessories Market was valued at USD 8.7 Billion in 2024 and is expected to reach USD 13.2 Billion by 2031, growing at a compound annual growth rate of 6.10% during the forecast period (2025-2031).
The global peripheral vascular devices and accessories market is experiencing steady growth due to the increasing prevalence of peripheral artery disease and the rising geriatric population. These devices are used for the diagnosis and treatment of vascular diseases affecting the peripheral circulation, such as atherosclerosis and deep vein thrombosis. Technological advancements, such as the development of drug-coated balloons and stents, are driving market expansion. Key players in the market are investing in research and development to introduce innovative products that offer improved outcomes and patient comfort. North America dominates the market due to high healthcare expenditure and a well-established healthcare infrastructure, while the Asia Pacific region is expected to witness significant growth opportunities due to the increasing adoption of minimally invasive procedures and a growing patient population.
The Global Peripheral Vascular Devices and Accessories Market is experiencing significant growth driven by an increasing prevalence of peripheral artery disease and a growing aging population. Technological advancements in minimally invasive procedures and the development of innovative devices are also contributing to market expansion. Opportunities in the market include the rising demand for peripheral vascular devices in emerging economies, expanding product portfolios by key players, and the adoption of advanced imaging technologies for better diagnosis and treatment. Additionally, the shift towards value-based healthcare and the increasing awareness about peripheral vascular diseases are expected to further drive market growth. Overall, the market presents promising opportunities for companies to introduce novel products and expand their presence in the global healthcare market.
The Global Peripheral Vascular Devices and Accessories Market faces several challenges, including intense competition among key players leading to pricing pressures, stringent regulatory requirements for product approval, and the high cost associated with advanced peripheral vascular devices. Additionally, the market is influenced by changing healthcare policies and reimbursement issues, which impact the adoption of these devices. Technological advancements and the need for continuous innovation to address complex vascular diseases further add to the challenges faced by market participants. Moreover, the limited awareness about peripheral vascular diseases and their treatment options in certain regions hinders market growth. Overcoming these challenges requires strategic collaborations, focus on cost-effective solutions, compliance with regulatory standards, and investment in research and development efforts to meet the evolving needs of patients and healthcare providers.
The Global Peripheral Vascular Devices and Accessories Market is primarily driven by factors such as the increasing prevalence of peripheral artery disease (PAD) and other vascular disorders, growing geriatric population, technological advancements in vascular devices, and a rise in minimally invasive procedures. Additionally, the rising adoption of endovascular procedures, improving healthcare infrastructure in developing economies, and a surge in lifestyle-related risk factors contributing to vascular diseases are also fueling market growth. Moreover, the expanding applications of peripheral vascular devices in treating conditions like deep vein thrombosis, varicose veins, and diabetic foot ulcers are further propelling market demand. The increasing focus on early diagnosis and treatment of vascular diseases and the development of innovative products are expected to drive the market in the coming years.
Government policies related to the Global Peripheral Vascular Devices And Accessories Market primarily focus on regulatory approvals, reimbursement policies, and healthcare infrastructure investments. Regulatory bodies like the FDA in the US and the European Medicines Agency play a crucial role in ensuring the safety and efficacy of these devices before they can be marketed. Reimbursement policies, such as those set by Medicare and private insurers, influence the adoption of these devices by healthcare providers. Additionally, government investments in healthcare infrastructure, especially in emerging markets, can drive market growth by improving access to advanced medical technologies. Overall, government policies aim to balance innovation with patient safety, affordability, and access to healthcare services in the Global Peripheral Vascular Devices And Accessories Market.
The Global Peripheral Vascular Devices and Accessories Market is expected to witness significant growth in the coming years due to the increasing prevalence of peripheral vascular diseases, rising geriatric population, and technological advancements in the healthcare sector. The market is likely to be driven by the growing adoption of minimally invasive procedures, which offer reduced recovery times and lower risks for patients. Additionally, the rising demand for peripheral vascular procedures, such as angioplasty and stenting, is expected to contribute to market expansion. However, factors such as high costs associated with these devices and the availability of alternative treatment options may pose challenges to market growth. Overall, the market is projected to experience steady growth as healthcare systems worldwide focus on improving patient outcomes and expanding access to advanced peripheral vascular care.
In the global peripheral vascular devices and accessories market, Asia is expected to witness significant growth due to the rising prevalence of cardiovascular diseases and increasing healthcare expenditure. North America is anticipated to dominate the market, driven by the presence of advanced healthcare infrastructure and high adoption of innovative technologies. In Europe, the market is projected to grow steadily owing to the aging population and increasing awareness about peripheral vascular diseases. The Middle East and Africa region is likely to experience moderate growth due to improving healthcare facilities and rising investments in medical infrastructure. Latin America is also poised for growth, supported by the expanding healthcare sector and growing focus on improving access to advanced medical devices in the region.
Global Peripheral Vascular Devices And Accessories 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 Vascular Devices And Accessories Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Peripheral Vascular Devices And Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Global Peripheral Vascular Devices And Accessories Market - Industry Life Cycle |
3.4 Global Peripheral Vascular Devices And Accessories Market - Porter's Five Forces |
3.5 Global Peripheral Vascular Devices And Accessories Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Peripheral Vascular Devices And Accessories Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Peripheral Vascular Devices And Accessories Market Revenues & Volume Share, By Guidewire Coating, 2021 & 2031F |
3.8 Global Peripheral Vascular Devices And Accessories Market Revenues & Volume Share, By Guidewire Tip Weight Wire, 2021 & 2031F |
4 Global Peripheral Vascular Devices And Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Peripheral Vascular Devices And Accessories Market Trends |
6 Global Peripheral Vascular Devices And Accessories Market, 2021 - 2031 |
6.1 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Peripheral Stents, 2021 - 2031 |
6.1.3 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By PTA Balloons, 2021 - 2031 |
6.1.4 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Catheters, 2021 - 2031 |
6.1.5 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Peripheral Vascular Closure Devices, 2021 - 2031 |
6.2 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Coating, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Hydrophilic Coating, 2021 - 2031 |
6.2.3 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Hydrophobic Coating, 2021 - 2031 |
6.3 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Tip Weight Wire, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Floppy Tip, 2021 - 2031 |
6.3.3 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Balanced Tip, 2021 - 2031 |
6.3.4 Global Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Extra Support Tip, 2021 - 2031 |
7 North America Peripheral Vascular Devices And Accessories Market, Overview & Analysis |
7.1 North America Peripheral Vascular Devices And Accessories Market Revenues & Volume, 2021 - 2031 |
7.2 North America Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Coating, 2021 - 2031 |
7.5 North America Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Tip Weight Wire, 2021 - 2031 |
8 Latin America (LATAM) Peripheral Vascular Devices And Accessories Market, Overview & Analysis |
8.1 Latin America (LATAM) Peripheral Vascular Devices And Accessories Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Coating, 2021 - 2031 |
8.5 Latin America (LATAM) Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Tip Weight Wire, 2021 - 2031 |
9 Asia Peripheral Vascular Devices And Accessories Market, Overview & Analysis |
9.1 Asia Peripheral Vascular Devices And Accessories Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Coating, 2021 - 2031 |
9.5 Asia Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Tip Weight Wire, 2021 - 2031 |
10 Africa Peripheral Vascular Devices And Accessories Market, Overview & Analysis |
10.1 Africa Peripheral Vascular Devices And Accessories Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Coating, 2021 - 2031 |
10.5 Africa Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Tip Weight Wire, 2021 - 2031 |
11 Europe Peripheral Vascular Devices And Accessories Market, Overview & Analysis |
11.1 Europe Peripheral Vascular Devices And Accessories Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Coating, 2021 - 2031 |
11.5 Europe Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Tip Weight Wire, 2021 - 2031 |
12 Middle East Peripheral Vascular Devices And Accessories Market, Overview & Analysis |
12.1 Middle East Peripheral Vascular Devices And Accessories Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Peripheral Vascular Devices And Accessories Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Coating, 2021 - 2031 |
12.5 Middle East Peripheral Vascular Devices And Accessories Market, Revenues & Volume, By Guidewire Tip Weight Wire, 2021 - 2031 |
13 Global Peripheral Vascular Devices And Accessories Market Key Performance Indicators |
14 Global Peripheral Vascular Devices And Accessories Market - Export/Import By Countries Assessment |
15 Global Peripheral Vascular Devices And Accessories Market - Opportunity Assessment |
15.1 Global Peripheral Vascular Devices And Accessories Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Peripheral Vascular Devices And Accessories Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Peripheral Vascular Devices And Accessories Market Opportunity Assessment, By Guidewire Coating, 2021 & 2031F |
15.4 Global Peripheral Vascular Devices And Accessories Market Opportunity Assessment, By Guidewire Tip Weight Wire, 2021 & 2031F |
16 Global Peripheral Vascular Devices And Accessories Market - Competitive Landscape |
16.1 Global Peripheral Vascular Devices And Accessories Market Revenue Share, By Companies, 2024 |
16.2 Global Peripheral Vascular Devices And Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |