Global Peripheral Vascular Devices Industry

Global Peripheral Vascular Devices Industry

  • October 2019 •
  • 106 pages •
  • Report ID: 5799337 •
  • Format: PDF
Peripheral Vascular Devices market worldwide is projected to grow by US$5.2 Billion, driven by a compounded growth of 6.5%. Angioplasty Balloon, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2.9 Billion by the year 2025, Angioplasty Balloon will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 7.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$237.2 Million to the region’s size and clout in the next 5 to 6 years. Over US$243.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Angioplasty Balloon will reach a market size of US$335.9 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.2% over the next couple of years and add approximately US$895.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Abbott Laboratories; B. Braun Melsungen AG; BARD, A Becton, Dickinson Company; Biosensors International Group Ltd.; Biotronik SE & Co. KG; Boston Scientific Corporation; Cordis Corporation; iVascular S.L.U; Medtronic PLC; Terumo Corporation