The global peripheral vascular devices market is expected to reach USD 8,918.8 million by 2020, growing at an estimated CAGR of 7.2% from 2014 to 2020, according to a new study by Grand View Research, Inc. Peripheral vascular devices such as IVC filters, angiography catheters, and plague modification devices are used for treating peripheral arterial or coronary arterial diseases caused due to the formation of atherosclerotic plaques in arteries. These devices are used to decrease the interference of patients with a minimum disturbance during the surgical procedure.
For PDF sample Copy or More Details please visit link @: http://www.grandviewresearch.com/industry-analysis/peripheral-vascular-devices-market
Increasing incidence of target diseases due to rising geriatric population, extensive presence of both private and public external funding programs, and changing lifestyle and eating habits are expected to be key driving factors for this market over the next six years. In addition, the presence of untapped growth opportunities in emerging markets such as India, Brazil, and China and increasing health awareness are also expected to serve this market as future growth opportunities.
Further key findings from the study suggest:
• Peripheral vascular stents dominated the peripheral vascular devices market in terms of share at over 30.8% in 2013; driven by increasing demand for drug-eluting and bio-absorbable stents. Moreover, the ability of these devices to significantly reduce restenosis rates is expected to boost product demand.
• The embolic protection devices market is expected to grow at the fastest CAGR of 9.2% during the forecast period; owing to increasing demand for a minimally invasive endovascular surgical method for removing atherosclerosis from large blood vessels.
• North America was the largest regional market in 2013, accounting for 40.3% of the global revenue. The presence of sophisticated healthcare infrastructure, high patient awareness levels, healthcare expenditure and high R&D pertaining to drug discovery and development are some of the factors accounting for its large share.
• Asia Pacific peripheral vascular devices market is expected to grow at the fastest CAGR of 10.0% from 2014 to 2020; primarily owing to the wide presence of unmet medical needs coupled with rapidly improving healthcare infrastructure in emerging markets of India and China.
• Key industry participants of this market include Abbott Laboratories, Angioscore Inc., Edward Lifesciences Corporation, Medtronic Inc., St. Jude Medical, Teleflex Medical, Volcano Corporation, Boston Scientific Corporation, Teleflex Medical, Cook Group Inc., Cordis Corporation, Covidien, W.L.Gore and Associates Ltd., and Angioscore Ltd.
To request research report sample copy with TOC please visit @: https://www.grandviewresearch.com/industry-analysis/peripheral-vascular-devices-market/request/rs1
Grand View Research has segmented the peripheral vascular devices market on the basis of product and region:
Peripheral Vascular Devices Product Outlook
• Peripheral Vascular Stents
• Peripheral Transluminal Angioplasty Balloon Catheters
• PTA Guidewires
• Atherectomy Devices
• Chronic Total Occlusion Devices
• Aortic Stents
• Synthetic Surgical Grafts
• Embolic Protection Devices
• Inferior Vena Cava Filters
Peripheral Vascular Devices Regional Outlook
• North America
• Europe
• Asia Pacific
• RoW
For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/615/ibb
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.