Market World Peripheral Vascular Device Market Size

Peripheral Vascular Device Market Size by Value, Drivers, Product
Scope and Shares Forecasts by 2020
“Peripheral Vascular Device Market Report Includes in-depth analysis of
Market Application, Size, Specification, Trends, Major Manufacturers and
Business Strategies by Considering Types, Market Segmentation and
Analysis.”
Industry Insights
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. Rising demand for minimally invasive procedures and
growing aging population coupled with changing lifestyles are some of the key factors driving the growth of
peripheral vascular device market. Increase in peripheral vascular diseases and technological advancements in
the devices is also anticipated to further boost up the demand for these devices in the market. 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.
Furthermore, rising number of specialists treating peripheral vascular disease also propel the market growth of
these devices. Introduction of technologically advanced products like drug eluting balloons further drive the
future adoption of such devices. Rising chronic conditions including diabetes, obesity and end-stage renal
disease is one of the crucial factors anticipated to boost demand for these devices.
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Some of the key advantages associated with these devices are minimal scarring and post-surgery infection that
improves the adoption level of these devices among the patients. However, the market growth is expected to