Market Overview:
The global peripheral vascular stents market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to factors such as the increasing prevalence of peripheral artery diseases (PAD), technological advancements in stent design and manufacturing, and rising demand for minimally invasive procedures. Based on type, the global peripheral vascular stents market is segmented into balloon-expandable and self-expandable stents. The balloon-expandable segment is expected to account for the majority share of the global market in 2018 owing to its high adoption rates across hospitals, clinics, and other end users. However, the self-expandable segment is projected to grow at a higher CAGR during the forecast period due to its advantages over balloon-expandable stents such as lower recoil forces and smaller profile sizes that make them suitable for use in small vessels. Based on application, the global peripheral vascular stents market is divided into hospital care, clinic care, and other applications including research institutes & laboratories and diagnostic centers. In 2018, hospital care accounted for majority share of this market followed by clinic care segments respectively. However; over time clinic care segments are anticipated witness highest growth rate due rising number outpatient treatments across globe .
Product Definition:
A peripheral vascular stent is a metal mesh tube that is inserted into an artery to keep it open. It is used to treat blockages in the arteries of the arms or legs.
Balloon-expandable:
Balloon-expandable stents are used to treat blocked or narrowing of a blood vessel. They are made up of flexible, thin wire that is covered with a thin plastic coating and then filled with air or some other gas. When the coated wire is bent, the covering expands and forms an opening through which blood can flow easily. The stent can be taken out after few days as it is designed to collapse when there is no longer any need for it.
Self-expandable:
Self-expandable stents are used in peripheral vascular stenting. They are also known as expandable or self-forming stents and they can be used for the treatment of thoracic, abdominal, and pelvic aortic aneurysms.
Application Insights:
Based on application, the global market is segmented into hospital, clinic and others. The other applications include emergency room, intensive care unit (ICU), home healthcare and ambulatory surgical centers. In 2017, the hospital segment dominated the market with a share of over 90% in terms of revenue as well as volume. This high share was primarily due to factors such as availability of advanced healthcare facilities along with experienced staff in most hospitals across countries such as India and China which have a high prevalence of peripheral vascular diseases.
The increasing geriatric population along with obesity & diabetes has led to an increase in cardiovascular diseases that eventually result in heart attack or stroke which is boosting demand for percutaneous coronary intervention procedures thus driving growth over the forecast period.
Regional Analysis:
North America dominated the global peripheral vascular stents market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and favorable reimbursement policies are some factors responsible for its large share. In addition, increasing incidence of diabetes is also expected to drive the regional market over the forecast period. According to CDC estimates published in 2016’s Morbidity & Mortality Weekly Report (MMWR), around 29 million people had diabetes in U.S., with an increase of nearly 7% from 2014 to 2015.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast years due to rising geriatric population and prevalence associated with lifestyle diseases such as cardiovascular disorders and hypertension which result into a greater number of peripheral artery disease cases leading to higher demand for PVS devices used for treatment or palliation purposes thus driving growth across this region especially in developing countries such as China.
Growth Factors:
- Increasing incidence of peripheral vascular diseases (PVDs) due to changing lifestyle and aging population
- Rising demand for minimally invasive procedures for treatment of PVDs
- Technological advancements in stent design and delivery systems that offer better outcomes
- Growing preference for drug-eluting stents over bare metal stents, especially in developed markets
- Expansion of private healthcare sector and increasing number of hospitals offering peripheral vascular interventions
Scope Of The Report
Report Attributes
Report Details
Report Title
Peripheral Vascular Stents Market Research Report
By Type
Balloon-expandable, Self-expandable
By Application
Hospital, Clinic, Other
By Companies
Medtronic, Terumo Medical, Abbott Laboratories, Biotronik, Lifetech, Cook Medical, B. Braun, Boston Scientific, Intact Vascular (Philips), AMG, Medtronic, Zylox medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Peripheral Vascular Stents Market Report Segments:
The global Peripheral Vascular Stents market is segmented on the basis of:
Types
Balloon-expandable, Self-expandable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Terumo Medical
- Abbott Laboratories
- Biotronik
- Lifetech
- Cook Medical
- B. Braun
- Boston Scientific
- Intact Vascular (Philips)
- AMG
- Medtronic
- Zylox medical
Highlights of The Peripheral Vascular Stents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Balloon-expandable
- Self-expandable
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Peripheral Vascular Stents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Peripheral vascular stents are a type of medical device that are inserted into the arteries that supply blood to the legs. They help to keep the arteries open and prevent them from narrowing, which can lead to heart problems or even death.
Some of the key players operating in the peripheral vascular stents market are Medtronic, Terumo Medical, Abbott Laboratories, Biotronik, Lifetech, Cook Medical, B. Braun, Boston Scientific, Intact Vascular (Philips), AMG, Medtronic, Zylox medical.
The peripheral vascular stents market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Peripheral Vascular Stents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Peripheral Vascular Stents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Peripheral Vascular Stents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Peripheral Vascular Stents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Peripheral Vascular Stents Market Size & Forecast, 2018-2028
4.5.1 Peripheral Vascular Stents Market Size and Y-o-Y Growth
4.5.2 Peripheral Vascular Stents Market Absolute $ Opportunity
Chapter 5 Global Peripheral Vascular Stents Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Peripheral Vascular Stents Market Size Forecast by Type
5.2.1 Balloon-expandable
5.2.2 Self-expandable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Peripheral Vascular Stents Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Peripheral Vascular Stents Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Peripheral Vascular Stents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Peripheral Vascular Stents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Peripheral Vascular Stents Analysis and Forecast
9.1 Introduction
9.2 North America Peripheral Vascular Stents Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Peripheral Vascular Stents Market Size Forecast by Type
9.6.1 Balloon-expandable
9.6.2 Self-expandable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Peripheral Vascular Stents Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Peripheral Vascular Stents Analysis and Forecast
10.1 Introduction
10.2 Europe Peripheral Vascular Stents Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Peripheral Vascular Stents Market Size Forecast by Type
10.6.1 Balloon-expandable
10.6.2 Self-expandable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Peripheral Vascular Stents Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Peripheral Vascular Stents Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Peripheral Vascular Stents Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Peripheral Vascular Stents Market Size Forecast by Type
11.6.1 Balloon-expandable
11.6.2 Self-expandable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Peripheral Vascular Stents Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Peripheral Vascular Stents Analysis and Forecast
12.1 Introduction
12.2 Latin America Peripheral Vascular Stents Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Peripheral Vascular Stents Market Size Forecast by Type
12.6.1 Balloon-expandable
12.6.2 Self-expandable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Peripheral Vascular Stents Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Peripheral Vascular Stents Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Peripheral Vascular Stents Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Peripheral Vascular Stents Market Size Forecast by Type
13.6.1 Balloon-expandable
13.6.2 Self-expandable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Peripheral Vascular Stents Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Peripheral Vascular Stents Market: Competitive Dashboard
14.2 Global Peripheral Vascular Stents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Terumo Medical
14.3.3 Abbott Laboratories
14.3.4 Biotronik
14.3.5 Lifetech
14.3.6 Cook Medical
14.3.7 B. Braun
14.3.8 Boston Scientific
14.3.9 Intact Vascular (Philips)
14.3.10 AMG
14.3.11 Medtronic
14.3.12 Zylox medical
