Europe Peripheral Vascular Devices Market Identifying Roles and Objectives In Coming Years till 2028
The Europe peripheral vascular devices market is expected to
grow from US$ 3,288.55 million in 2021 to US$ 5,035.19 million by 2028; it is
estimated to register a CAGR of 6.3% from 2021 to 2028
The Europe peripheral vascular devices market is expected to
grow from US$ 3,288.55 million in 2021 to US$ 5,035.19 million by 2028; it is
estimated to register a CAGR of 6.3% from 2021 to 2028. The alarming rise in
peripheral artery diseases has been a primary concern across the region.
Atherosclerosis, smoking, alcoholism, and obesity are the major factors that increase
the risk of developing these diseases. Further, atherosclerosis is a condition
in which fatty deposits build up on the inside walls of the arteries, reducing
blood flow. Healthy people over the age of 40 have a 50% chance of getting
severe atherosclerosis, with the risk increasing as they get older. The disease
mostly affects people over the age of 60, yet it goes unnoticed frequently. The
increasing prevalence of atherosclerosis is boosting the peripheral vascular
devices market substantially.
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As per the WHO, in 2021, ~1.13 billion people were suffering
from hypertension, a leading cause of premature death. Obesity is associated
with high blood pressure, dyslipidemia, diabetes or insulin resistance, and
higher fibrinogen and C-reactive protein levels, which increase the risk of
cardiovascular diseases. Obesity has been associated with a greater risk of
high blood pressure. A few significant players are developing and introducing
novel products and technologies to compete with existing products in the
market, while others are acquiring and partnering with other companies. Thus,
the increasing prevalence of hypertension, smoking, alcoholism, and obesity
requiring mobility assistance is contributing to the growth of the market
across the region.With new features and technologies, vendors can attract new
customers and expand their footprints in emerging markets. This factor is
likely to drive the Europe peripheral vascular devices market at a notable CAGR
during the forecast period.
Europe Peripheral
Vascular Devices Market Segmentation
The Europe peripheral
vascular devices market is segmented into product, end user, and country. Based
on product, the Europe peripheral vascular devices market is segmented into
peripheral vascular stents, peripheral transluminal angioplasty balloon
catheters, PTA guidewires, atherectomy devices, chronic total occlusion
devices, aortic stents, synthetic surgical grafts, and embolization guidewires.
Further, the peripheral vascular stents segment dominated the market in 2021.
Based on end user, the Europe peripheral vascular devices market is segmented
into hospitals & clinics, ambulatory care centers, specialty clinics, and
others. Further, the hospitals & clinics segment dominated the market in
2021. Based on country, the Europe peripheral vascular devices market is
segmented into France, Germany, France, the UK, Italy, Spain, and the Rest of
Europe. Further, Germany dominated the market in 2021. Abbott, B. Braun Melsungen AG, BD, Boston
Scientific Co Europe Peripheral Vascular Devices Market rporation, Cardinal
Health Inc, Cook Medical LLC, Edwards Lifesciences Corporation, Medtronic,
Teleflex Incorporated, and Terumo Corporation are among the leading companies
operating in the Europe peripheral vascular devices market.
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@ https://www.businessmarketinsights.com/reports/europe-peripheral-vascular-devices-market
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Abbott
B. Braun Melsungen AG
BD
Boston Scientific Corporation
Cardinal Health Inc
Cook Medical LLC
Edwards Lifesciences Corporation
Medtronic
Teleflex Incorporated
Terumo Corporation
Segments Covered
By Product
โข Peripheral
Vascular Stents
โข Peripheral
Transluminal Angioplasty Balloon Catheters
โข PTA
Guidewires
โข Atherectomy
Devices
โข Chronic
Total Occlusion Devices
โข Aortic
Stents
โข Synthetic
Surgical Grafts
โข Embolization
Guidewires
By End User
โข Hospitals
& Clinics
โข Ambulatory
Care Centers
โข Specialty
Clinics
The market is also segmented based on end-users, who are
the key consumers of peripheral vascular devices. The main end-user categories
include:
1. Hospitals
& Clinics: Hospitals and clinics remain the dominant end-user
segment, as they are equipped to provide comprehensive treatments for
peripheral vascular diseases, including diagnostic procedures and interventions
using peripheral vascular devices. The majority of invasive procedures related
to peripheral vascular diseases are performed in these healthcare settings.
2. Ambulatory
Care Centers: These centers provide outpatient services and are
increasingly being utilized for peripheral vascular interventions. The growth
of minimally invasive procedures and the trend towards outpatient care
contribute to the growing demand for devices in ambulatory care settings.
3. Specialty
Clinics: Specialized clinics focusing on cardiovascular health and
vascular diseases also play a crucial role in the peripheral vascular devices
market. These clinics often provide more tailored and advanced treatments for
conditions like PAD and chronic total occlusion.
4. Others:
This segment includes other healthcare settings such as research institutions
and rehabilitation centers where peripheral vascular devices may be used for
specialized treatments or long-term management of vascular diseases.
In 2021, hospitals & clinics dominated the market, as
they are the primary settings for vascular interventions and surgeries,
requiring a consistent supply of peripheral vascular devices for treatment.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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