Peripheral vascular devices market to register a CAGR of 6.8%

Friday, March 1, 2019 Heart Disease News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, Feb. 28, 2019 /PRNewswire/ -- Peripheral vascular devices market to register a CAGR of 6.8% from 2019 to 2024The

peripheral vascular devices market is projected to reach USD 14.4 billion by 2024 from USD 10.3 billion in 2019, at a CAGR of 6.8% during the forecast period. The rapid growth in the geriatric
population and the associated increase in the prevalence of peripheral vascular diseases, approval of new and advanced products, and the growing preference for minimally invasive surgeries are driving the growth of the peripheral vascular devices.Read the full report: https://www.reportlinker.com/p05276125 Atherectomy devices accounted for the larger share of the plaque modification devices market in 2018On the basis of type, the plaque modification devices market is segmented into atherectomy devices and thrombectomy devices. In 2018, the atherectomy devices segment accounted for the larger market share mainly due to the increasing incidence of atherosclerosis as a result of the rising global prevalence of obesity.Embolic protection devices accounted for the largest share of the peripheral vascular devices market in 2018On the basis of type, the hemodynamic flow alteration devices market is segmented into embolic protection devices and chronic total occlusion devices.In 2018, the embolic protection devices segment accounted for the larger share of the hemodynamic flow alteration devices market.This can be attributed to the advantages of EPDs over CTO devices, such as the ability to capture embolic debris without interrupting continuous blood flow.North America dominates the peripheral vascular devices marketNorth America, which includes the US and Canada, accounted for the largest share of the peripheral vascular devices market in 2018. The large share of this market segment can be attributed to the rising incidence of peripheral vascular diseases (PVDs), growing geriatric population, and the strong presence of industry players in the region.Breakdown of supply-side primary interviews, by company type, designation, and region:• By Company Type: Tier 1: 20% , Tier 2: 45%, and Tier 3: 35%• By Designation: C-level: 30%, Director-level: 20%, and Others: 50%• By Region: North America: 35%, Europe: 24%, Asia: 25%, and the RoW: 16%The major players operating in this market are Medtronic (Ireland), Boston Scientific Corporation (US), Abbott (US), Cardinal Health (US), iVascular (Spain), Becton, Dickinson and Company (US), B.Braun Melsungen (Germany), Terumo Corporation (Japan), Biosensors International Group (Singapore), and BIOTRONIK SE & Co.KG (Germany).Research CoverageThis report studies the peripheral vascular devices market based on product and region.The report also analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting market growth.It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders.The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total peripheral vascular devices market.The report forecasts the revenue of the market segments with respect to four major regions.Reasons to Buy the Report:The report provides insights on the following pointers:• Market Penetration: Comprehensive information on the peripheral vascular devices offered by the top 10 players in the market. The report analyzes the peripheral vascular devices market by product and region• Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various peripheral vascular devices across key geographic regions• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the peripheral vascular devices market• Competitive Assessment: In-depth assessment of market shares and strategies of the leading players in the peripheral vascular devices marketRead the full report: https://www.reportlinker.com/p05276125 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

Cision View original content:http://www.prnewswire.com/news-releases/peripheral-vascular-devices-market-to-register-a-cagr-of-6-8-300804435.html

SOURCE Reportlinker



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store