The North America peripheral vascular devices market is projected to grow from US$ 4,116.66 million in 2021 to US$ 6,522.05 million by 2028, at a compound annual growth rate (CAGR) of 6.8% during the forecast period.
Across the region, the three most prevalent cardiovascular diseases (CVDs) are coronary heart disease, cerebrovascular disease, and peripheral artery disease (PAD). While significant progress has been made in the prevention and management of coronary and cerebrovascular diseases—two of the leading causes of global mortality—PAD has received comparatively less attention. Nevertheless, PAD has emerged as a critical health concern, contributing significantly to mortality and disability worldwide, particularly in low- and middle-income countries (LMICs).
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Peripheral artery disease (also known as peripheral vascular disease, or PVD) results from blockages in the blood vessels that restrict blood flow to the limbs, especially the legs. A related condition, arterial embolism, occurs when a tissue fragment or foreign material travels through the vascular system and becomes lodged in a distant artery, obstructing blood flow. This blockage can lead to ischemia, organ dysfunction, and potentially infarction. Serious medical and surgical emergencies—such as stroke, acute limb ischemia, mesenteric ischemia, and renal failure—are associated with these complications. Risk factors including advanced age, hypercoagulability, cardiac disorders, and atherosclerosis increase susceptibility, particularly among surgical and intensive care patients.
These clinical complexities, combined with the growing prevalence of CVDs, are significantly contributing to the rising demand for peripheral vascular devices in North America. Furthermore, the introduction of advanced technologies and innovative product features is enabling manufacturers to attract new customers and expand their presence in emerging markets. These factors are expected to drive sustained market growth throughout the forecast period.
North America Peripheral Vascular Devices Market Segmentation
The North America peripheral vascular devices market is segmented by product, end user, and country.
- By Product:
The market is categorized into:- Peripheral vascular stents
- Peripheral transluminal angioplasty (PTA) balloon catheters
- PTA guidewires
- Atherectomy devices
- Chronic total occlusion devices
- Aortic stents
- Synthetic surgical grafts
- Embolization guidewires
Among these, the peripheral vascular stents segment held the largest market share in 2021.
- By End User:
The key end users include:- Hospitals & clinics
- Ambulatory care centers
- Specialty clinics
- Others
The hospitals & clinics segment emerged as the leading end user in 2021 due to the high volume of procedures performed and advanced infrastructure.
- By Country:
Geographically, the market is segmented into:- The United States
- Canada
- Mexico
The United States dominated the regional market in 2021, driven by a high prevalence of peripheral vascular diseases, robust healthcare infrastructure, and the presence of major industry players.
Key Market Players
Prominent companies operating in the North America peripheral vascular devices market include:
Abbott, B. Braun Melsungen AG, BD (Becton, Dickinson and Company), Boston Scientific Corporation, Cardinal Health Inc., Cook Medical LLC, Edwards Lifesciences Corporation, Medtronic, Teleflex Incorporated, and Terumo Corporation. These companies play a critical role in driving innovation, product development, and strategic expansion across the region.
North America Peripheral Vascular Devices Strategic Insights
Strategic insights for the North America Peripheral Vascular Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America Peripheral Vascular Devices Regional Insights
The geographic scope of the North America Peripheral Vascular Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Akshay
Senior Market Research Expert at Business Market Insights
