123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Peripheral Vascular Devices Market : Future Opportunities, Key Players And Industry Growth

Profile Picture
By Author: Markets and Markets
Total Articles: 51
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The global peripheral vascular devices market size is projected to reach USD 12.6 billion by 2025 from USD 9.2 billion in 2020, at a CAGR of 6.5% during the forecast period. 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, the approval of new and advanced products, and the rising incidence of diabetes. However, the availability of alternative treatments and product failures and recalls are the major factors that are expected to restrain the growth of this market during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=790
OPPORTUNITY: Emerging Markets

Emerging markets such as China, India, Singapore, and Brazil are expected to witness high growth in the coming years owing to the presence of less-stringent regulatory policies and low competition. To leverage the high-growth opportunities in these markets, manufacturers are strategically focusing on expanding their presence in these countries. Moreover, the increasing competition in mature markets ...
... is further compelling manufacturers to focus on emerging markets. In 2016, Medtronic (Ireland) opened its Asia Pacific regional headquarters in Singapore. This development will support and strengthen the company’s operations in 80 locations across the Asia Pacific region. Moreover, in 2017, iVascular SLU received approval from the Indian government to sell its products in the country. This helped the company in terms of revenue generation as well as expansion in emerging economies.

Prominent players in the peripheral vascular devices 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).

Based on the region, the peripheral vascular devices market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2019, North America accounted for the largest share of the peripheral vascular devices market.

Total Views: 516Word Count: 313See All articles From Author

Add Comment

Business Articles

1. Centralized Patient Monitoring System Industry Status And Prospects Professional Market Research Report Standard Version 2021-2027
Author: antara

2. 5 Ways Businesses Benefit From An Intelligent Inventory Control Machine
Author: Pablo Lopez Ortega

3. 5 Awesome Facts About Bill Change Machines
Author: Pablo Lopez Ortega

4. What You Should Do While Storing Women Boots?
Author: lillyholly

5. How Ppe Vending Machines Boost Workplace Safety
Author: Pablo Lopez Ortega

6. Optical Imaging Market Worth $3.3 Billion By 2026
Author: Rosy Wills

7. Lucintel Forecasts Pvc Compound Market To Reach $15.1 Billion By 2026
Author: Lucintel LLC

8. Driver Of Marble Market- Easy And Bulk Availability Of Marble
Author: Robin White

9. Ways To Extend The Life Of Your Metal Roof For Many More Years
Author: Daniel Zavala

10. Walk In Stability Chamber By Kesar Control Systems
Author: Kesar Control

11. Metallic Epoxy Floor Phoenix – Quality Coverage For Every Surface
Author: John Maloney

12. How Do You Choose The Right Business Broker?
Author: Mark Drake

13. 10 Web Development Trends Succeed In 2021
Author: OmTec Web

14. Excellent Benefits Of Dental Cleaning
Author: Jessica Williams

15. Choose The Plain And Decorative Custom Food Boxes To Deliver For Your Customers
Author: lewismorgancbz

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: