India Peripheral Vascular Devices Market Size & Outlook
India peripheral vascular devices market, 2018-2030 (US$M)
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India peripheral vascular devices market highlights
- The India peripheral vascular devices market generated a revenue of USD 382.3 million in 2023 and is expected to reach USD 728.7 million by 2030.
- The India market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, hemodynamic flow alteration devices 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 382.3 million |
| Market revenue in 2030 | USD 728.7 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Hemodynamic flow alteration devices |
| 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, India accounted for 3.9% 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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India 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.
Hemodynamic flow alteration devices was the largest segment with a revenue share of 17.03% in 2024. Horizon Databook has segmented the India 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 market is expected to witness significant growth due to the strong presence of leading players in the country. St. Jude Medical, Abbott, Medtronic, Boston Scientific Corporation, Teleflex Incorporated, Cook, Cordis Corporation are some of the major key players operating in the India peripheral vascular devices market. These companies are making significant investments in R&D to bring forth cutting-edge technologies and broaden their range of products.
In addition, the market is experiencing the entry of new competitors, thereby escalating the level of competition. Given the rising demand for peripheral vascular devices in India, the market is anticipated to sustain a competitive environment during the forecast period. Unhealthy lifestyle choices, like being inactive & following poor diets, are causing people to develop vascular diseases. This is expected to drive the demand for intervention and treatment.
Technological advancements in peripheral vascular devices, such as stents, catheters, and angioplasty balloons, are expected to enhance the available treatment options and improved outcomes, leading to 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into India peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India peripheral vascular devices market size, by type, 2018-2030 (US$M)
India Peripheral Vascular Devices Market Share, 2024 & 2030 (US$M)
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