The global demand for Peripheral Vascular Stents Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Peripheral artery disease is a cumulative disease caused by plaque accumulation in the arterial system that carries blood to the arms & legs as well as other vital organs. A stent is defined as a wire mesh scaffold that is implanted in the artery to keep it open. This implant is permanent and can be combined with angioplasty to treat peripheral artery disease.
The rapidly growing population of the elderly and the related growing prevalence of peripheral vascular diseases, rising preference for minimally invasive surgeries, and technological advancements in the stents are driving the growth of the peripheral vascular stents market. With the evolutionary growth in imaging techniques, there is a significant improvement in accuracy and safety in vascular surgery implantations resulting in an increased number of stenting procedures. This market is expected to flourish on account of increased awareness in low- and middle-income countries. However, despite the initiatives of governments and manufacturers to enhance peripheral vascular stent topography, product recall and strict regulations are the major facets inhibiting the growth of this market. On the other hand, the global health crisis caused by COVID-19 may create lucrative business prospects for the manufacturers.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of peripheral vascular stents.
The entire peripheral vascular stents market has been sub-categorized into product type, artery type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
By Artery Type
- Self-Expanding Stents
- Balloon Expanding Stents
- Covered Stents
- Drug Eluting Stents
By End User
- Carotid Artery
- Fem-Pop Artery
- Iliac Artery
- Infrapop Artery
- Ambulatory Surgical Centers/Outpatients
This section covers regional segmentation which accentuates on current and future demand for peripheral vascular stents market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Peripheral Vascular Stents Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the peripheral vascular stents market include Medtronic Plc., Becton, Dickinson and Company, Cardinal Health, Inc., B. Braun Melsungen AG, MicroPort Scientific Corporation, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, Abbott Laboratories, W.L. Gore & Associates Inc., and Cook Medical Inc., among others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.