North America Peripheral Vascular Devices Market Forecast (2021–2028)
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 CAGR of 6.8%.
Cardiovascular diseases (CVDs) — particularly coronary heart disease, cerebrovascular disease, and peripheral artery disease (PAD) — remain among the most prevalent health concerns in the region. While efforts in recent decades have primarily targeted coronary and cerebrovascular diseases, PAD is gaining recognition as a major contributor to global mortality and disability, especially in low- and middle-income countries (LMICs).
PAD and peripheral vascular disease (PVD) stem from arterial blockages that restrict blood flow, particularly to the limbs. Complications such as arterial embolisms can lead to life-threatening events including stroke, acute limb ischemia, mesenteric ischemia, and renal failure. These conditions are especially common among older adults and patients with predisposing factors like hypercoagulability, cardiac disorders, and atherosclerosis — frequently seen in surgical and intensive care settings.
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The market is further propelled by technological advancements and feature-rich innovations by vendors aiming to broaden their reach into emerging markets, which is expected to significantly enhance market expansion over the forecast period.
North America Peripheral Vascular Devices Market – Segmentation Overview
The North America peripheral vascular devices market is segmented by product, end user, and country.
- By Product:
The market includes peripheral vascular stents, peripheral transluminal angioplasty (PTA) balloon catheters, PTA guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, and embolization guidewires. Among these, peripheral vascular stents held the largest market share in 2021. - By End User:
The end user segments comprise hospitals & clinics, ambulatory care centers, specialty clinics, and others. In 2021, hospitals & clinics were the dominant segment. - By Country:
Geographically, the market is segmented into the US, Canada, and Mexico, with the US leading the regional market in 2021.
Key Players:
Prominent companies operating in this market include Abbott, B. Braun Melsungen AG, BD, Boston Scientific Corporation, Cardinal Health Inc., Cook Medical LLC, Edwards Lifesciences Corporation, Medtronic, Teleflex Incorporated, and Terumo Corporation.
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.
Market leaders and key company profiles
Abbott
B. Braun Melsungen AG
BD
Boston Scientific Corporation
Cardinal Health Inc
Cook Medical LLC
Edwards Lifesciences Corporation
Medtronic
Teleflex Incorporated
Terumo Corporation
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
