Report Detail
Global Peripheral Intervention Devices Market Report 2018-2029
- RnM3877132 |
- 22 August, 2023 |
- Global |
- 137 Pages |
- HJResearch |
- Medical Devices & Consumables
The Peripheral Intervention Devices industry plays a crucial role in various medical procedures, offering innovative solutions for vascular, oncology, neurology, hepatic, uteral, renal, gastric, and skin interventions. This article aims to provide an overview of Peripheral Intervention Devices, their applications, the current industry status, and the future prospects of this rapidly growing market.
Definition and Use:
Peripheral Intervention Devices refer to a range of medical devices used to treat diseases and conditions affecting peripheral blood vessels and organs. These devices are employed in minimally invasive procedures to restore blood flow, remove obstructions, deliver therapeutic agents, or perform diagnostic functions in peripheral regions of the body. Their utilization spans across multiple medical fields, including vascular, oncology, neurology, hepatic, uteral, renal, gastric, and skin procedures.
Industry Status:
In 2022, the global Peripheral Intervention Devices market size is projected to reach US$8019 million, demonstrating a compound annual growth rate (CAGR) of 8%. The increasing prevalence of diseases related to peripheral blood vessels and advancements in medical technologies contribute to the growth and widespread adoption of these devices.
The market is highly competitive, with several major global manufacturers dominating the industry. These include Abbott Vascular, Angioscore Ltd., Cordis Corp., Boston Scientific, C.R. Bard Inc., Cook Medical, Medtronic Inc., Volcano Corporation, Terumo Interventional Systems Inc., Teleflex Medical, W.L.Gore & Associates Ltd., St. Jude Medical, Bayer, Edward Lifesciences, and Covidien. These manufacturers invest heavily in research and development to introduce innovative products that address specific medical needs and improve patient outcomes.
Prospects:
The future prospects for the Peripheral Intervention Devices industry are immensely promising. Factors such as the rising prevalence of chronic diseases, an aging population, and technological advancements are expected to drive market growth.
The demand for Peripheral Intervention Devices is anticipated to increase due to the growing preference for minimally invasive procedures, which offer benefits such as shorter hospital stays, reduced recovery times, and fewer post-operative complications. Moreover, advancements in imaging technologies, robotics, and material sciences are likely to enhance the precision, effectiveness, and safety of these devices, further expanding their application areas.
Additionally, emerging markets in developing regions present significant opportunities for market players to expand their presence and tap into previously untapped customer segments. The increasing healthcare expenditure in these regions, combined with improving healthcare infrastructure, will likely contribute to market growth.
However, challenges also exist within the industry. Regulatory complexities, reimbursement policies, and pricing pressures can impact market dynamics. Manufacturers need to navigate these challenges and ensure compliance to sustain growth in this competitive landscape.
Conclusion:
The Peripheral Intervention Devices industry is poised for significant growth, driven by technological advancements, increasing disease prevalence, and a shift towards minimally invasive procedures. With major global manufacturers continuously innovating and investing in research and development, the market is expected to witness substantial expansion in the coming years. However, navigating regulatory and reimbursement challenges will be critical for sustained success in this evolving industry.
The SWOT analysis of the Peripheral Intervention Devices industry is as follows:
Strengths:
Increasing demand and adoption: The Peripheral Intervention Devices industry is experiencing growing demand due to the rising prevalence of diseases and conditions that require peripheral interventions. The increasing adoption of minimally invasive procedures and advancements in medical technologies contribute to this strength.
Wide range of applications: Peripheral Intervention Devices have a diverse range of applications, including vascular, oncology, neurology, hepatic, uteral, renal, gastric, and skin procedures. This versatility allows for multiple revenue streams and market opportunities.
Established global manufacturers: The industry is dominated by major global manufacturers with extensive experience and expertise in producing high-quality and effective devices. These established players have the resources and capabilities to continuously invest in research and development, driving innovation and product improvements.
Technological advancements: Rapid advancements in imaging technologies, robotics, and material sciences are enhancing the effectiveness, precision, and safety of Peripheral Intervention Devices. These technological developments contribute to the industry's strengths by improving patient outcomes and expanding treatment options.
Weaknesses:
Regulatory challenges: The Peripheral Intervention Devices industry is subject to stringent regulations and guidelines to ensure patient safety and device efficacy. Complying with these regulations can be time-consuming and costly, posing challenges for smaller or newer players in the market.
Pricing pressures: The industry faces pricing pressures due to factors such as healthcare cost containment measures and reimbursement limitations. Pricing competition can impact profit margins and hinder market entry for new devices or companies.
Skill and training requirements: Utilizing Peripheral Intervention Devices requires specialized skills and training for healthcare professionals. Ensuring adequate training and education for healthcare providers can be challenging, potentially affecting device adoption and usage.
Limited long-term data: While Peripheral Intervention Devices have shown positive short-term outcomes, there is a need for more long-term clinical data to assess their durability and effectiveness over extended periods.
Opportunities:
Growing aging population: The global aging population presents a significant opportunity for the Peripheral Intervention Devices industry, as age-related diseases that require peripheral interventions are expected to increase. Addressing the healthcare needs of this demographic can drive market growth.
Technological advancements: Ongoing technological advancements, including artificial intelligence, robotics, and personalized medicine, present opportunities for innovative devices that improve patient outcomes and enhance the efficiency of procedures.
Emerging markets: Developing regions with improving healthcare infrastructure and increasing healthcare expenditure offer untapped market potential for Peripheral Intervention Devices. Expanding into these markets can result in significant revenue growth for manufacturers.
Collaborations and partnerships: Collaborations between industry players, healthcare institutions, and research organizations can foster innovation, knowledge sharing, and market expansion. Partnerships can lead to the development of new devices and solutions that address unmet medical needs and drive industry growth.
Threats:
Competition from alternative treatments: The Peripheral Intervention Devices industry faces competition from alternative treatment modalities, including traditional surgical interventions and non-invasive therapies. Manufacturers need to continually demonstrate the advantages and cost-effectiveness of their devices compared to these alternatives.
Economic factors and healthcare policies: Economic downturns, changes in healthcare policies, and reimbursement limitations can impact the affordability and accessibility of Peripheral Intervention Devices. Manufacturers must adapt to changing market conditions and navigate any potential challenges arising from these factors.
Intellectual property protection: Protecting intellectual property rights and preventing unauthorized use or replication of devices can be a challenge in the industry. Ensuring patent protection and adopting effective strategies against infringement is crucial to safeguarding market share and profitability.
Adverse events and safety concerns: Any adverse events or safety concerns associated with Peripheral Intervention Devices can have a significant impact on the industry. Maintaining strict quality control measures, comprehensive post-market surveillance, and effective risk management strategies are essential to mitigate potential threats.
Key players in global Peripheral Intervention Devices market include:
Abbott Vascular
Angioscore Ltd.
Cordis Corp.
Boston Scientific
C.R. Bard Inc.
Cook Medical
Medtronic Inc.
Volcano Corporation
Terumo Interventional Systems Inc.
Teleflex Medical
W.L.Gore & Associates Ltd.
St. Jude Medical
W.L.Gore & Associates Ltd.
Bayer
Edward Lifesciences
Covidien
Market segmentation, by product types:
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
Market segmentation, by applications:
Vascular
Oncology Procedures
Neurology
Hepatic (Liver)
Uteral
Renal
Gastric
Skin Procedures
1 Industry Overview of Peripheral Intervention Devices
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Peripheral Intervention Devices
- 1.3 Market Segmentation by End Users of Peripheral Intervention Devices
- 1.4 Market Dynamics Analysis of Peripheral Intervention Devices
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Peripheral Intervention Devices Industry
- 2.1 Abbott Vascular
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Angioscore Ltd.
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Cordis Corp.
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Boston Scientific
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 C.R. Bard Inc.
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Cook Medical
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Medtronic Inc.
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Volcano Corporation
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Terumo Interventional Systems Inc.
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 Teleflex Medical
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
- 2.11 W.L.Gore & Associates Ltd.
- 2.11.1 Company Overview
- 2.11.2 Main Products and Specifications
- 2.11.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.11.4 Contact Information
- 2.12 St. Jude Medical
- 2.12.1 Company Overview
- 2.12.2 Main Products and Specifications
- 2.12.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.12.4 Contact Information
- 2.13 W.L.Gore & Associates Ltd.
- 2.13.1 Company Overview
- 2.13.2 Main Products and Specifications
- 2.13.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.13.4 Contact Information
- 2.14 Bayer
- 2.14.1 Company Overview
- 2.14.2 Main Products and Specifications
- 2.14.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.14.4 Contact Information
- 2.15 Edward Lifesciences
- 2.15.1 Company Overview
- 2.15.2 Main Products and Specifications
- 2.15.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.15.4 Contact Information
- 2.16 Covidien
- 2.16.1 Company Overview
- 2.16.2 Main Products and Specifications
- 2.16.3 Peripheral Intervention Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.16.4 Contact Information
3 Global Peripheral Intervention Devices Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Peripheral Intervention Devices by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Peripheral Intervention Devices by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Peripheral Intervention Devices by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Peripheral Intervention Devices by End Users (2018-2023)
- 3.5 Selling Price Analysis of Peripheral Intervention Devices by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Peripheral Intervention Devices Market Analysis by Countries, Types and End Users
- 4.1 Northern America Peripheral Intervention Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Peripheral Intervention Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Peripheral Intervention Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Peripheral Intervention Devices Market Analysis by Countries, Types and End Users
- 5.1 Europe Peripheral Intervention Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Peripheral Intervention Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Peripheral Intervention Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Peripheral Intervention Devices Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Peripheral Intervention Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Peripheral Intervention Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Peripheral Intervention Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Peripheral Intervention Devices Market Analysis by Countries, Types and End Users
- 7.1 Latin America Peripheral Intervention Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Peripheral Intervention Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Peripheral Intervention Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Peripheral Intervention Devices Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Peripheral Intervention Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Peripheral Intervention Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Peripheral Intervention Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Peripheral Intervention Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Peripheral Intervention Devices Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Peripheral Intervention Devices by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Peripheral Intervention Devices by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Peripheral Intervention Devices by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Peripheral Intervention Devices by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Peripheral Intervention Devices
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Peripheral Intervention Devices
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Peripheral Intervention Devices
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Peripheral Intervention Devices
- 11.2 Downstream Major Consumers Analysis of Peripheral Intervention Devices
- 11.3 Major Suppliers of Peripheral Intervention Devices with Contact Information
- 11.4 Supply Chain Relationship Analysis of Peripheral Intervention Devices
12 Peripheral Intervention Devices New Project Investment Feasibility Analysis
- 12.1 Peripheral Intervention Devices New Project SWOT Analysis
- 12.2 Peripheral Intervention Devices New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Peripheral Intervention Devices Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Peripheral Intervention Devices. Industry analysis & Market Report on Peripheral Intervention Devices is a syndicated market report, published as Global Peripheral Intervention Devices Market Report 2018-2029. It is complete Research Study and Industry Analysis of Peripheral Intervention Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
