Africa Peripheral Vascular Devices Market Overview: Opportunities and Challenges in 2024

Peripheral Vascular Devices Market Report OverviewThe 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.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.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=790North 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.Growth in this market is majorly driven by 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 rising prevalence of diabetes.

TheBusinessResearchCompany published its Peripheral Vascular Devices And Equipment Global Market Report 2019 which provides strategists, marketers and senior management with the critical information they need to assess the global peripheral vascular devices and equipment market.

The report covers the peripheral vascular devices and equipment market’s segments- peripheral vascular stents, percutaneous transluminal angioplasty balloons, catheters, PTA guide wires, atherectomy devices, chronic total acclusion devices, aortic stents, synthetic surgical grafts, embolic protection devices, inferior vena cava filters, hospital applications, clinic applications, treatment of peripheral blood vessels damaged, treatment of peripheral blood vessels blockage.Explore Complete Report https://www.thebusinessresearchcompany.com/report/peripheral-vascular-devices-and-equipment-global-market-reportPeripheral Vascular Devices And Equipment Global Market Report 2019 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 50+ geographies.

The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.

It covers all the regions, key developed countries and major emerging markets.

The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=2408=smpBio-absorbable stents are gaining popularity in the peripheral vascular devices and equipment market in order to eliminate thrombogenic risk factors and enhance clinical applicability.

Bio-absorbable stents are made of natural soluble materials that disappear after insertion – eliminating the risk of late-stent thrombosis.

The market based on type is classified into angioplasty balloons, angioplasty stents, catheters, endovascular aneurysm repair stent grafts, inferior vena cava filters, plaque modification devices, hemodynamic flow alteration devices, and other peripheral vascular devices.

The guidewires segment is accounted for the largest market shares of the market.

The rising use of guidewires in stenting procedures is one of the factors driving the growth of this segment.Geographically, the market has been segmented into Asia-Pacific, North America, Europe, Middle-East & Africa and Latin America.

Increasing incidence of peripheral vascular diseases in aging population is one of the major factors driving the market growth for peripheral vascular devices.The years that have been considered for the market analysis are:• Base year – 2016• Estimated year – 2017• Forecast period – 2016 to 2026Key Highlights:• Peripheral vascular devices market analysis and forecast, in terms of value.• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the peripheral vascular devices market.• Peripheral vascular devices market segmentation on the basic type and geography (country-wise) has been provided.• Peripheral vascular devices market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of the study.• Peripheral vascular devices market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the peripheral vascular devices market are also profiled.Research Methodology:The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market.

The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market.

KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market.

The Global Interventional Cardiology and Peripheral Vascular Devices market report study the current landscape and important projections for market forecast, growth trend.

The intended audience also includes Interventional Cardiology and Peripheral Vascular Devices CEOs, provider groups, payer groups and investment firms working in the sector.Market Overview:This Report covers the manufacturers data, including shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better.

This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.

the researchers have used SWOT analysis to study the various strengths, weaknesses, opportunities, and trends the manufacturers are using to expand their share.Competitive LandscapeThe Global Interventional Cardiology and Peripheral Vascular Devices Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Medtronic, Boston Scientific, Abbott Laboratories, C.R.

The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.Regions and Countries Level Analysis:Regional analysis is another highly comprehensive part of the research and analysis study of the global Interventional Cardiology and Peripheral Vascular Devices market presented in the report.

For the historical and forecast period 2016 to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Interventional Cardiology and Peripheral Vascular Devices market.The report offers in-depth assessment of the growth and other aspects of the Interventional Cardiology and Peripheral Vascular Devices market in important countries (regions), including:The Middle East and Africa (GCC Countries and Egypt)North America (the United States, Mexico, and Canada)South America (Brazil etc.

11 February 2020 - The global Peripheral Vascular Device Market size was estimated at USD 5,888.5 million in 2014 and is expected to grow at a CAGR of 7.2% over the forecast period.

According to an estimate of Central Disease for Control and Prevention, about 8.5 million people in the U.S have peripheral artery disease including 12-20% of individuals ageing 60 years and above.

Rising chronic conditions including diabetes, obesity and end-stage renal disease is one of the crucial factors anticipated to boost demand for these devices.

However, the market growth is expected to negatively impact the market owing to factors such as reimbursement issues in developing countries, stringent regulatory policies, and presence of highly fragmented market.

Product Insights Based on the products, the market is segmented as peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, embolic protection devices, and inferior vena cava filters.

Peripheral angioplasty balloon catheters held significant market share owing to introduction of technological advance products like drug coated balloons and favorable reimbursement policies in developed countries like Germany and the U.S.