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 |
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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.
Hemodynamic flow alteration devices was the largest segment with a revenue share of 17.03% in 2023. 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.
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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