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Global Peripheral Vascular Devices Market Is Expected To Grow At CAGR Of 7.2% From 2014 To 2020 - Research Report And Forecast by Grand View Research
  • USA - English


News provided by

Grand View Research, Inc.

Sep 15, 2014, 07:00 ET

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Grand View Research
Grand View Research

Increasing global geriatric population base triggering incidence rates of target diseases, extensive presence of both private and public external funding programs, changing lifestyle and eating habits are expected to be key driving factors for this market

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San Francisco, California (PRWEB) September 15, 2014 -- The global market for peripheral vascular devices 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 minimum disturbance during the surgical procedure.

Increasing global geriatric population base, triggering incidence rates of target diseases, extensive presence of both private and public external funding programs, changing lifestyle and eating habits are expected to be key driving factors for this market over the next six years. In addition, 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.

The report “Peripheral Vascular Devices Market By Product (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) Analysis And Segment Forecasts To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/peripheral-vascular-devices-market

Request Free Sample of This Report @ http://www.grandviewresearch.com/industry-analysis/peripheral-vascular-devices-market/request
 
Further key findings from the study suggest:

• Peripheral vascular stents dominated the peripheral vascular devices market in terms of shares 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 re-stenosis rates is expected to boost product demand.
• Embolic protection devices market is expected to grow at the fastest CAGR of 9.2% during the forecast period; owing to increasing demand for 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. 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.

Browse All Reports of This Category by Grand view Research at http://www.grandviewresearch.com/industry/healthcare

For the purpose of this study, 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

Browse All Ongoing Reports by Grand View Research at http://www.grandviewresearch.com/ongoing-reports

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Email: [email protected]

Related Reports by Grand View Research

mHealth Market Analysis And Segment Forecasts To 2020 - http://www.grandviewresearch.com/industry-analysis/mhealth-market

The global market for mHealth (Mobile health) is expected to reach USD 49,119.2 million by 2020, according to a new study by Grand View Research, Inc. Monitoring services is expected to remain the dominant and fastest growing market segment, with market revenue of USD 1,227.5 million in 2012, and an estimated CAGR of 49.7% from 2014 to 2020.

Atrial Fibrillation Market Analysis By Procedure And Segment Forecasts To 2020 - http://www.grandviewresearch.com/industry-analysis/atrial-fibrillation-treatment-industry

The global market for atrial fibrillation procedures and products is expected to reach USD 16.17 billion by 2020 growing at a CAGR of 13.2%, according to a new study by Grand View Research, Inc. Growing incidences of atrial fibrillation, strokes and brain damage due to blood clots coupled with a growing global base of geriatric population is expected to be a key driver for this market.

Sherry James, Grand View Research, Inc., http://www.grandviewresearch.com/, +1 4153490058, [email protected]

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