Canada Peripheral Vascular Devices Market Size & Outlook
Canada peripheral vascular devices market, 2018-2030 (US$M)
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Canada peripheral vascular devices market highlights
- The Canada peripheral vascular devices market generated a revenue of USD 294.5 million in 2023 and is expected to reach USD 396.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.4% 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 294.5 million |
| Market revenue in 2030 | USD 396.9 million |
| Growth rate | 4.4% (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, Canada accounted for 3.0% 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 North America, U.S. peripheral vascular devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 4,953.0 million by 2030.
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Peripheral Vascular Devices Market Scope
Peripheral Vascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 48.56% in 2023. Horizon Databook has segmented the Canada 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.
Advancements in medical technology, such as the evolution of minimally invasive procedures and cutting-edge device designs, contribute to market expansion through enhanced treatment efficacy and accelerated patient recovery. The presence of well-established healthcare infrastructure, encompassing hospitals and specialized clinics, is expected to boost the adoption of peripheral vascular devices in Canada.
The competitive dynamics in Canada peripheral vascular devices market are significantly influenced by the presence of key domestic and international medical device enterprises. Moreover, rising regulatory approval for peripheral vascular devices is boosting the market growth.
For instance, in January 2022, Cook received breakthrough device designation by the U.S. FDA for a novel drug-eluting stent intended for use Below The Knee (BTK). This innovative stent is specifically engineered to address the needs of individuals suffering from Chronic Limb-Threatening Ischemia (CLTI), which is an advanced PAD.
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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 Canada peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into Canada peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada peripheral vascular devices market size, by type, 2018-2030 (US$M)
Canada Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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