Europe Peripheral Vascular Devices Market Trends, Size, Share, Growth, Analysis, Forecast 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 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.

📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲@ https://www.businessmarketinsights.com/sample/BMIRE00025627

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.

📚𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 @ https://www.businessmarketinsights.com/reports/europe-peripheral-vascular-devices-market

𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

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

•             Peripheral Vascular Stents

•             Peripheral Transluminal Angioplasty Balloon Catheters

•             PTA Guidewires

•             Atherectomy Devices

•             Chronic Total Occlusion Devices

•             Aortic Stents

•             Synthetic Surgical Grafts

•             Embolization Guidewires

By End User

•             Hospitals & Clinics

•             Ambulatory Care Centers

•             Specialty Clinics

The Europe Peripheral Vascular Devices Market is experiencing significant growth due to a combination of factors, including the rising prevalence of cardiovascular diseases, an aging population, and technological advancements in the healthcare sector. Peripheral vascular diseases (PVD) affect the arteries and veins outside the brain and heart, causing conditions like peripheral artery disease (PAD), deep vein thrombosis (DVT), and varicose veins. These conditions often require medical interventions using specialized devices to diagnose, treat, and monitor vascular health. With the increasing focus on improving patient outcomes and providing more effective treatments, the demand for peripheral vascular devices in Europe is anticipated to grow at a strong pace in the coming years.

Key Drivers of the Market

1. Growing Incidence of Cardiovascular Diseases: The prevalence of cardiovascular diseases such as atherosclerosis, diabetes, and hypertension is on the rise in Europe, leading to an increase in peripheral vascular conditions. As cardiovascular diseases often lead to blockages or narrowing of the arteries, devices such as stents, angioplasty balloons, and atherectomy devices are essential for restoring proper blood flow and preventing further complications. This growing burden of cardiovascular diseases is one of the primary factors driving the demand for peripheral vascular devices.
2. Aging Population: Europe is witnessing a steadily aging population, with a significant proportion of people over the age of 60. Older individuals are more susceptible to peripheral vascular diseases due to the natural aging process and other comorbidities. As this demographic grows, the demand for treatments to manage PVD-related complications, such as PAD and DVT, also increases. Peripheral vascular devices play a crucial role in treating these conditions, making them an essential part of healthcare for the elderly population.
3. Technological Advancements: Advancements in medical technology have led to the development of more effective and minimally invasive peripheral vascular devices. Innovations such as drug-coated balloons, bioabsorbable stents, and self-expanding stents have revolutionized the treatment of peripheral artery diseases. These new technologies offer better patient outcomes, faster recovery times, and lower risks of complications, making them more attractive to both patients and healthcare providers. The increasing adoption of these advanced devices is expected to propel the market forward.
4. Rising Healthcare Expenditures: Healthcare spending across Europe has been increasing as governments and private sector entities invest in modernizing healthcare infrastructure and improving access to medical treatments. This includes the expansion of healthcare facilities equipped with the latest technologies, such as peripheral vascular devices, which are essential for the effective treatment of PVD. The rise in healthcare spending is expected to continue fueling market growth, especially in countries with advanced healthcare systems.
5. Heightened Awareness and Early Diagnosis: Public awareness of the risks associated with PVD and other cardiovascular diseases has risen in recent years. This has led to an increase in early diagnosis and preventive measures, such as regular screening for vascular diseases. Early detection enables more timely interventions, which, in turn, increases the demand for peripheral vascular devices. As more patients are diagnosed early, the market for these devices continues to expand.

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