Australia Peripheral Vascular Devices Market Size & Outlook
Australia peripheral vascular devices market, 2018-2030 (US$M)
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Australia peripheral vascular devices market highlights
- The Australia peripheral vascular devices market generated a revenue of USD 195.3 million in 2023 and is expected to reach USD 306.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- Endovascular Aneurysm Repair Stent Grafts is the most lucrative type segment registering the fastest growth during the forecast period.
Peripheral vascular devices market data book summary
| Market revenue in 2023 | USD 195.3 million |
| Market revenue in 2030 | USD 306.2 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | Endovascular Aneurysm Repair Stent Grafts |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices, Peripheral Stents |
| Key market players worldwide | Abbott Laboratories, Edwards Lifesciences Corp, Medtronic PLC, St. Jude Medical, Teleflex Inc, Philips, Boston Scientific Corp, Cook Group, Covidien, AngioScore |
Other key industry trends
- In terms of revenue, Australia accounted for 2.0% of the global peripheral vascular devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China peripheral vascular devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 728.7 million by 2030.
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Peripheral Vascular Devices Market Scope
Peripheral Vascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia peripheral vascular devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to peripheral vascular devices market will help companies and investors design strategic landscapes.
Peripheral stents was the largest segment with a revenue share of 28.57% in 2023. Horizon Databook has segmented the Australia peripheral vascular devices market based on pta balloons, catheters, endovascular aneurysm repair stent grafts, plaque modification devices, peripheral accessories, inferior vena cava filters, hemodynamic flow alteration devices, peripheral stents covering the revenue growth of each sub-segment from 2018 to 2030.
The peripheral vascular devices market in Australia is expected to witness a dynamic and competitive landscape, marked by active participation from various regional entities striving for dominance. Some of the key players in the market include Medtronic, Boston Scientific, Abbott Laboratories, and Cordis Corporation, among others.
Growth in the market can be attributed to the rising prevalence of PAD, increasing adoption of minimally invasive procedures, and rising healthcare expenditure. Moreover, technological advancements in peripheral vascular devices and the growing elderly population are some of the major factors expected to propel market growth.
As per the reports published and the latest updated in October 2023 by the Australian Institute of Health and Welfare-Health expenditure Australia, total health expenditure amounted to USD 241.3 billion, equivalent to USD 9,365 per person.
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Our clientele includes a mix of peripheral vascular devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into Australia peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia peripheral vascular devices market size, by type, 2018-2030 (US$M)
Australia Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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