Brazil Peripheral Vascular Devices Market Size & Outlook
Brazil peripheral vascular devices market, 2018-2030 (US$M)
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Brazil peripheral vascular devices market highlights
- The Brazil peripheral vascular devices market generated a revenue of USD 271.9 million in 2023 and is expected to reach USD 370.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- Peripheral Stents 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 271.9 million |
| Market revenue in 2030 | USD 370.5 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | Peripheral Stents |
| 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, Brazil accounted for 2.8% 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 Latin America, Brazil peripheral vascular devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 370.5 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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Brazil 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 18.24% in 2023. Horizon Databook has segmented the Brazil 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 growing awareness about peripheral vascular diseases and advanced treatment options among both healthcare professionals and the public is expected to fuel market expansion. Moreover, government efforts and policies aimed at enhancing healthcare infrastructure and facilitating access to medical devices may boost the market.
The increasing number of revascularization procedures is expected to boost the demand for peripheral vascular devices in the near future. For instance, as per the data reported by National Library of Medicine in 2022, the total number of revascularization procedures performed for treating PAD in Brazil through the Public Healthcare System until 2019 was 129,424. This corresponds to an annual mean of 10,785.33 procedures.
The growing prevalence of PAD, driven by the growing geriatric population and lifestyle-related health challenges, has led to a heightened utilization of revascularization procedures, notably angioplasty and stenting. Consequently, the demand for peripheral vascular devices is growing, which is expected to propel the market growth.
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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 Brazil peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into Brazil peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil peripheral vascular devices market size, by type, 2018-2030 (US$M)
Brazil Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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