Peripheral Vascular Devices Market Size & Trends Report Segmented by Product (Peripheral Stents, Angioplasty Balloons, Catheters), Application (Peripheral Arterial Disease (PAD), Aneurysms, Venous Diseases), End User (Hospitals, ASCs) & Regional Forecasts to 2030
The global peripheral vascular devices market is set to witness a growth rate of 6% in the next 5 years. Rising prevalence of peripheral vascular diseases (PVDs); technological advancements in peripheral vascular devices; increasing geriatric population; rising preference for minimally invasive procedures and increasing prevalence of lifestyle-related diseases are some of the key factors driving the peripheral vascular devices market. To learn more about the research report, download a sample report.
Report Overview
Peripheral vascular devices are medical tools and implants used to diagnose and treat conditions affecting the peripheral vascular system, which includes blood vessels outside the heart and brain. These devices address diseases such as peripheral artery disease (PAD), deep vein thrombosis (DVT), and chronic venous insufficiency. Common types include stents, angioplasty balloons, catheters, atherectomy devices, and vascular grafts. They are primarily utilized in minimally invasive procedures to restore blood flow, remove blockages, and manage vascular abnormalities. With advancements in technology, these devices enhance patient outcomes by reducing procedure-related risks and recovery times, making them essential in modern vascular care.
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Rising prevalence of peripheral vascular diseases (PVDs) to propel market demand
The rising prevalence of peripheral vascular diseases (PVDs), such as peripheral artery disease (PAD), deep vein thrombosis (DVT), and chronic venous insufficiency, is a significant driver for the peripheral vascular devices market. As of 2023, PAD was present in over 12 million people in the US and 200 million individuals worldwide (Source: American Heart Association). Aging populations, increasing rates of diabetes, obesity, and smoking, and sedentary lifestyles are key factors contributing to the growing incidence of PVDs. These conditions often require interventional treatments to restore blood flow and prevent complications like amputations or life-threatening clots. As a result, the demand for advanced devices like stents, catheters, and angioplasty balloons has surged, fueling innovation and growth in the peripheral vascular devices market
Technological advancements in peripheral vascular devices are driving the market growth
Technological advancements in peripheral vascular devices are fueling market growth by enhancing treatment effectiveness and patient safety. Innovations such as drug-eluting stents, bioresorbable vascular scaffolds, and advanced balloon catheters offer improved outcomes by reducing restenosis and enhancing blood flow restoration. Devices incorporating imaging technologies like intravascular ultrasound (IVUS) and optical coherence tomography (OCT) enable precise diagnosis and intervention. Minimally invasive tools, such as hybrid stents and directional atherectomy devices, reduce procedure-related risks and recovery times. These advancements drive demand by improving procedural success rates and expanding the range of treatable peripheral vascular conditions.
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Competitive Landscape Analysis
The global peripheral vascular devices market is marked by the presence of established and emerging market players such as Abbott, Koninklijke Philips N.V., Boston Scientific Corporation, Medtronic, Becton, Dickinson and Company, Terumo Corporation, B. Braun SE, Teleflex Incorporated, W. L. Gore & Associates, Inc., and Cordis; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and geographic expansion.
Report Scope
Report Metric | Details |
Base Year Considered | 2024 |
Historical Data | 2023 – 2024 |
Forecast Period | 2025 – 2030 |
Growth Rate | 6% |
Market Drivers |
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Attractive Opportunities |
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Segment Scope | Product, Application, End User |
Regional Scope |
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Key Companies Mapped | Abbott, Koninklijke Philips N.V., Boston Scientific Corporation, Medtronic, Becton, Dickinson and Company, Terumo Corporation, B. Braun SE, Teleflex Incorporated, W. L. Gore & Associates, Inc., and Cordis among others |
Report Highlights | Market Size & Forecast, Growth Drivers & Restraints, Trends, Competitive Analysis |
Global Peripheral Vascular Devices Market Segmentation
This report by Medi-Tech Insights provides the size of the global peripheral vascular devices market at the regional- and country-level from 2023 to 2030. The report further segments the market based on product, application, and end user.
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Market Size & Forecast (2023-2030), By Product, USD Million
- Peripheral Stents
- Iliac Artery Stents
- Femoral Artery Stents
- Carotid Artery Stents
- Renal Artery Stents
- Other Peripheral Stents
- Angioplasty Balloons
- Old/Normal Balloons
- Drug-Eluting Balloons
- Cutting & Scoring Balloons
- Catheters
- Angiography Catheters
- Guiding Catheters
- IVUS/OCT Catheters
- Endovascular Aneurysm Repair Stent Grafts
- Thoracic Endovascular Aneurysm Stent Grafts
- Abdominal Endovascular Aneurysm Stent Grafts
- Plaque Modification Devices
- Atherectomy Devices
- Thrombectomy Devices
- Inferior Vena Cava Filters
- Permanent Filters
- Retrievable Filters
- Hemodynamic Flow Alteration Devices
- Chronic Total Occlusion Devices
- Embolic Protection Devices
- Peripheral Accessories
- Guidewires
- Workhorse Guidewires
- Specialty Guidewires
- Extra Support Guidewires
- Frontline Finesse Guidewires
- Peripheral Vascular Closure Devices
- Balloon Inflation Devices
- Introducer Sheaths
- Guidewires
- Peripheral Stents
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Market Size & Forecast (2023-2030), By Application, USD Million
- Medical and Pharmaceutical Applications
- Peripheral Artery Disease (PAD)
- Deep Vein Thrombosis (DVT)
- Aneurysms
- Chronic Venous Insufficiency
- Others
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Market Size & Forecast (2023-2030), By End User, USD Million
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Specialty Clinics
- Others
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Market Size & Forecast (2023-2030), By Region, USD Million
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
- North America
Key Strategic Questions Addressed
- What is the market size & forecast of the peripheral vascular devices market?
- What are historical, present, and forecasted market shares and growth rates of various segments and sub-segments of the peripheral vascular devices market?
- What are the key trends defining the market?
- What are the major factors impacting the market?
- What are the opportunities prevailing in the market?
- Which region has the highest share in the global market? Which region is expected to witness the highest growth rate in the next 5 years?
- Who are the major players operating in the market?
- What are the key strategies adopted by players?
- Introduction
- Introduction
- Market Scope
- Market Definition
- Segments Covered
- Regional Segmentation
- Research Timeframe
- Currency Considered
- Study Limitations
- Stakeholders
- List of Abbreviations
- Key Conferences and Events (2025-2026)
- Research Methodology
- Secondary Research
- Primary Research
- Market Estimation
- Bottom-Up Approach
- Top-Down Approach
- Market Forecasting
- Executive Summary
- Peripheral Vascular Devices Market Snapshot (2025-2030)
- Segment Overview
- Regional Snapshot
- Competitive Insights
- Market Overview
- Market Dynamics
- Drivers
- Rising prevalence of peripheral vascular diseases (PVDs)
- Technological advancements in peripheral vascular devices
- Increasing geriatric population
- Rising preference for minimally invasive procedures
- Increasing prevalence of lifestyle-related diseases
- Restraints
- High costs of devices and procedures
- Stringent regulatory requirements
- Reimbursement challenges
- Risks associated with vascular procedures
- Opportunities
- Expansion in emerging markets
- Rising awareness and early diagnosis
- Development of novel products
- Shift toward outpatient care settings
- Key Market Trends
- Integration of advanced imaging systems to enhance precision of peripheral vascular interventions
- AI and robotic assistance in vascular procedures
- Rising use of biodegradable and sustainable materials
- Unmet Market Needs
- Industry Speaks
- Global Peripheral Vascular Devices Market Size & Forecast (2023-2030), By Product, USD Million
- Introduction
- Peripheral Stents
- Iliac Artery Stents
- Femoral Artery Stents
- Carotid Artery Stents
- Renal Artery Stents
- Other Peripheral Stents
- Angioplasty Balloons
- Old/Normal Balloons
- Drug-Eluting Balloons
- Cutting & Scoring Balloons
- Catheters
- Angiography Catheters
- Guiding Catheters
- IVUS/OCT Catheters
- Endovascular Aneurysm Repair Stent Grafts
- Thoracic Endovascular Aneurysm Stent Grafts
- Abdominal Endovascular Aneurysm Stent Grafts
- Plaque Modification Devices
- Atherectomy Devices
- Thrombectomy Devices
- Inferior Vena Cava Filters
- Permanent Filters
- Retrievable Filters
- Hemodynamic Flow Alteration Devices
- Chronic Total Occlusion Devices
- Embolic Protection Devices
- Peripheral Accessories
- Guidewires
- Workhorse Guidewires
- Specialty Guidewires
- Extra Support Guidewires
- Frontline Finesse Guidewires
- Peripheral Vascular Closure Devices
- Balloon Inflation Devices
- Introducer Sheaths
- Guidewires
- Global Peripheral Vascular Devices Market Size & Forecast (2023-2030), By Application, USD Million
- Introduction
- Peripheral Artery Disease (PAD)
- Deep Vein Thrombosis (DVT)
- Aneurysms
- Venous Diseases
- Others
- Global Peripheral Vascular Devices Market Size & Forecast (2023-2030), By End User, USD Million
- Introduction
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Specialty Clinics
- Others
- Global Peripheral Vascular Devices Market Size & Forecast (2023-2030), By Region, USD Million
- Introduction
- North America Peripheral Vascular Devices Market Size & Forecast (2023-2030), By Country, USD Million
- US
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Canada
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Europe Peripheral Vascular Devices Market Size & Forecast (2023-2030), By Country, USD Million
- UK
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Germany
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- France
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Italy
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Spain
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Rest of Europe
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Asia Pacific (APAC) Peripheral Vascular Devices Market Size & Forecast (2023-2030), By Country, USD Million
- China
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Japan
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- India
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Rest of Asia Pacific
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Latin America (LATAM) Peripheral Vascular Devices Market Size & Forecast (2023-2030), USD Million
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Middle East & Africa (MEA) Peripheral Vascular Devices Market Size & Forecast (2023-2030), USD Million
- Market Size & Forecast, By Product (USD Million)
- Market Size & Forecast, By Application (USD Million)
- Market Size & Forecast, By End User (USD Million)
- China
- UK
- US
- Competitive Landscape
- Key Players and their Competitive Positioning
- Key Player Comparison
- Segment-wise Player Mapping
- Market Share Analysis (2024)
- Company Categorization Matrix
- Dominants/Leaders
- New Entrants
- Emerging Players
- Innovative Players
- Key Strategies Assessment, By Player (2023-2025)
- New Product Launches
- Partnerships, Agreements, & Collaborations
- Mergers & Acquisitions
- Geographic Expansion
- Key Players and their Competitive Positioning
- Company Profiles*
(Business Overview, Financial Performance**, Products Offered, Recent Developments)
- Abbott
- Koninklijke Philips N.V.
- Boston Scientific Corporation
- Medtronic
- Becton, Dickinson and Company
- Terumo Corporation
- Braun SE
- Teleflex Incorporated
- L. Gore & Associates, Inc.
- Cordis
- Other Prominent Players
Note: *Indicative list
**For listed companies
The study has been compiled based on extensive primary and secondary research.
Secondary Research (Indicative List)
Primary Research
To validate research findings (market size & forecasts, market segmentation, market dynamics, competitive landscape, key industry trends, etc.), extensive primary interviews were conducted with both supply and demand-side stakeholders.
Supply Side Stakeholders:
- Senior Management Level: CEOs, Presidents, Vice-Presidents, Directors, Chief Technology Officers, Chief Commercial Officers
- Mid-Management Level: Product Managers, Sales Managers, Brand Managers, R&D Managers, Business Development Managers, Consultants
Demand Side Stakeholders:
- Stakeholders from Stakeholders in Hospitals, Cardiologists, Ambulatory Surgical Centres, and Others
Breakdown of Primary Interviews
Market Size Estimation
Both ‘Top-Down & Bottom-Up Approaches’ were used to derive market size estimates and forecasts
Data Triangulation
Research findings derived through secondary sources & internal analysis was validated with Primary Interviews, Internal Knowledge Repository and Company’s Sales Data