Market revenue in 2023 | USD 134.8 million |
Market revenue in 2030 | USD 195.2 million |
Growth rate | 5.4% (CAGR from 2023 to 2030) |
Largest segment | Pta balloons |
Fastest growing segment | Plaque Modification Devices |
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 |
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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.
Pta balloons was the largest segment with a revenue share of 15.06% in 2023. Horizon Databook has segmented the Denmark 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 Denmark peripheral vascular devices market has a robust competitive landscape, characterized by key players actively undertaking strategic initiatives to gain a competitive advantage. Noteworthy trends include the growing focus on product innovation, partnerships, and mergers to expand market presence and product portfolios. These strategic initiatives reflect the market's responsiveness to evolving consumer needs and technological advancements.
Key players in the peripheral vascular devices industry are actively undertaking research and development to create cutting-edge technologies and products. This strategic focus on innovation is driven by the rising incidence of vascular diseases and the growing geriatric population, boosting the need for more sophisticated and efficient treatment modalities.
Furthermore, the healthcare infrastructure in the country plays a pivotal role in shaping the regional market landscape. For instance, as per the International Trade Administration, in 2022, Norway allocated 8.1% of its GDP to healthcare, ranking it among the top countries globally in terms of healthcare expenditure. Thus, the rising healthcare expenditure is boosting the market growth. This translates to a total expenditure of USD 47 billion, equating to approximately USD 8,637 per citizen.
Horizon Databook provides a detailed overview of country-level data and insights on the Denmark peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into Denmark peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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