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Showing posts with the label COVID-19 impact on Peripheral Vascular Devices Industry

COVID-19 Impact on the Peripheral Vascular Devices Market

  According MarketsandMarkets Research Report – [314 Pages Report] The global  peripheral vascular devices market  size is projected to reach USD 12.6 billion by 2025 from USD 9.2 billion in 2020, at a CAGR of 6.5% during the forecast period. Growth in this market is majorly driven by the rapid growth in the geriatric population and the associated increase in the prevalence of peripheral vascular diseases, the approval of new and advanced products, and the rising incidence of diabetes. However, the availability of alternative treatments and product failures and recalls are the major factors that are expected to restrain the growth of this market during the forecast period. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=790 Rapid growth in the geriatric population and the subsequent increase in the prevalence of peripheral vascular diseases The rapid growth in the geriatric population is one of the major factors driving the demand for ...

Minimally Invasive Surgeries are Driving the Growth of the Peripheral Vascular Devices Market in 2020

Peripheral Vascular Devices Market Report Overview The  peripheral vascular devices market  is projected to reach USD 14.4 billion by 2024 from USD 10.3 billion in 2019, at a CAGR of 6.8% during the forecast period. The rapid growth in the geriatric population and the associated increase in the prevalence of peripheral vascular diseases, approval of new and advanced products, and the growing preference for minimally invasive surgeries are driving the growth of the peripheral vascular devices. Atherectomy devices accounted for the larger share of the plaque modification devices market in 2018 On the basis of type, the plaque modification devices market is segmented into atherectomy devices and thrombectomy devices. In 2018, the atherectomy devices segment accounted for the larger market share mainly due to the increasing incidence of atherosclerosis as a result of the rising global prevalence of obesity. Embolic protection devices accounted for the largest share of the peripher...