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#Peripheral Vascular Devices And Equipment Market Forecast: What Value Will The Market Reach By 2030?#_x000D_
The peripheral vascular devices and equipment market has shown consistent expansion over recent years. It will grow from $10.29 billion in 2025 to $10.56 billion in 2026 at a compound annual growth rate (CAGR) of 2.5%. Key drivers for its past growth include the escalating occurrence of peripheral artery disease, an expanding elderly demographic, the broadening application of interventional cardiology procedures, increased usage of catheter-based treatments, and enhanced investments in hospital facilities._x000D_
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The peripheral vascular devices and equipment market is projected to demonstrate significant growth in the coming years. Its size is expected to escalate to $13.15 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.7%. This expansion during the forecast period is primarily driven by factors such as the increasing demand for minimally invasive vascular treatments, a rising adoption of bioresorbable materials, the broadening scope of outpatient vascular procedures, a growing emphasis on precision-guided interventions, and continuous innovation in peripheral stent technologies. Dominant trends anticipated for the forecast period include the wider acceptance of drug-coated vascular devices, an increased reliance on minimally invasive endovascular procedures, a surging demand for advanced atherectomy systems, the expansion of image-guided peripheral interventions, and an enhanced focus on ensuring long-term device patency._x000D_
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#Peripheral Vascular Devices And Equipment Market Demand Drivers Opening New Revenue Streams#_x000D_
The peripheral vascular devices and equipment market is anticipated to be boosted by the increasing healthcare expenditure going forward. Healthcare expenditure encompasses the total amount of money spent by individuals, organizations, or governments on healthcare-related goods and services within a specific period. A rise in healthcare expenditure can drive greater demand for peripheral vascular devices and equipment as healthcare systems invest in advanced medical technologies to improve the diagnosis and treatment of conditions like peripheral artery disease, ultimately enhancing patient care and outcomes. For instance, in April 2025, according to The Office for National Statistics (ONS), a UK-based producer of official statistics and the government’s principal source of data, government-financed healthcare reached USD 2.91 billion (£258 billion) in 2024, representing a real-terms increase of 2.5% from 2023, which signals stronger funding for care delivery and equipment. Therefore, the growing healthcare expenditure will propel the peripheral vascular devices and equipment market forward._x000D_
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#Peripheral Vascular Devices And Equipment Market Segment Breakdown: Which Categories Lead On Revenue?#_x000D_
The peripheral vascular devices and equipment market covered in this report is segmented – _x000D_
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1) By Type: Peripheral vascular stents, Percutaneous transluminal angioplasty balloons, Catheters, PTA guide wires, Atherectomy devices, Chronic total acclusion devices, Aortic stents, Synthetic surgical grafts, Embolic protection devices, Inferior vena cava filters _x000D_
2) By Application: Treatment of Peripheral Blood Vessels Damaged, Treatment of Peripheral Blood Vessels Blockage _x000D_
3) By End User: Hospital applications, Clinic applications_x000D_
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1) By Peripheral Vascular Stents: Balloon-expandable Stents, Self-expanding Stents _x000D_
2) By Percutaneous Transluminal Angioplasty Balloons: Drug-coated Balloons, Non-drug-Coated Balloons _x000D_
3) By Catheters: Diagnostic Catheters, Therapeutic Catheters _x000D_
4) By PTA Guide Wires: Hydrophilic Guide Wires, Non-hydrophilic Guide Wires _x000D_
5) By Atherectomy Devices: Rotational Atherectomy Devices, Orbital Atherectomy Devices, Laser Atherectomy Devices, Directional Atherectomy Devices _x000D_
6) By Chronic Total Occlusion Devices: CTO crossing devices, CTO re-entry devices _x000D_
7) By Aortic Stents: Self-expanding Aortic Stents, Balloon-expandable Aortic Stents _x000D_
8) By Synthetic Surgical Grafts: Polyester Grafts, Polytetrafluoroethylene (PTFE) Grafts, Dacron Grafts _x000D_
9) By Embolic Protection Devices: Distal Protection Devices, Proximal Protection Devices _x000D_
10) By Inferior Vena Cava Filters: Permanent Filters, Retrievable Filters_x000D_
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#Peripheral Vascular Devices And Equipment Market Trends Powering Strategic Industry Growth#_x000D_
Major companies in the peripheral vascular devices and equipment market are focused on developing advanced products, such as larger-diameter catheters, to enhance the treatment of peripheral artery diseases. These larger-diameter catheters are medical devices designed to facilitate the drainage or administration of fluids, medications, or other substances. For instance, in March 2023, Shockwave Medical Inc., a US-based medical device company, introduced the peripheral intravascular lithotripsy (IVL) catheter. The unique feature of the Shockwave L6 Peripheral IVL catheter is its specialized design to effectively modify calcification in challenging lesions within large peripheral vessels, such as the iliac and common femoral arteries. This targeted approach addresses the common issue of calcification in these arteries, which is often linked to reduced procedural success and higher complication rates with standard endovascular techniques._x000D_
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#Peripheral Vascular Devices And Equipment Market Competitive Analysis Of Leading Industry Participants#_x000D_
Major companies operating in the peripheral vascular devices and equipment market are Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Cook Group, Angiomed GmbH & Co. Medizintechnik KG, Terumo Corporation, ENDOLOGIX Inc., Bolton Medical Inc., JOTEC GmbH, Clearstream Technologies, Aesculap AG, Curative Medical Devices, Lepu Medical Technology, MicroPort, Bioteque Corporation Co.Ltd., Cardinal Health, iVascular, B. Braun Group, Biosensors International Group, BIOTRONIK SE & Co., COVIDien, Volcano Corporation, AngioScore, Edwards Lifesciences Corporation, Cordis Corporation, Koninklijke Philips N.V., Nipro Corporation, Bluesail Medical Co. Ltd, Rex Medical, Teleflex Incorporated, Penumbra Inc., Lombard Medical Technologies PLC, W.L. Gore & Associates Inc., Merit Medical Systems Inc., Vascular Solutions Inc., LeMaitre Vascular Inc., Spectranetics Corporation _x000D_
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#Peripheral Vascular Devices And Equipment Market Geographic Distribution And Regional Opportunities#_x000D_
North America was the largest region in global peripheral vascular devices and equipment market in 2025. Western Europe was the second-largest region in global peripheral vascular devices and equipment market. The regions covered in the peripheral vascular devices and equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.