Italy Peripheral Vascular Devices Market Size & Outlook
Italy peripheral vascular devices market, 2018-2030 (US$M)
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Italy peripheral vascular devices market highlights
- The Italy peripheral vascular devices market generated a revenue of USD 278.4 million in 2023 and is expected to reach USD 428.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- Plaque Modification Devices 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 278.4 million |
| Market revenue in 2030 | USD 428.3 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| 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 |
Other key industry trends
- In terms of revenue, Italy accounted for 2.9% 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 Europe, Germany peripheral vascular devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 743.6 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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Italy 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 24.43% in 2024. Horizon Databook has segmented the Italy 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 expansion of the peripheral vascular devices sector in Italy can be attributed to growing geriatric population, growing prevalence of lifestyle-associated diseases, and advancements in medical technology. For instance, as per the data published by Population Reference Bureau (PRB) in 2020, 22.8% of the population in Italy was aged 65 & above, and Italy ranked sixth among the top 50 countries with the largest percentage of geriatric population.
With the expanding elderly population, the focus on advancements in minimally invasive technologies to address vascular issues is growing. This factor is driving innovation in peripheral vascular devices, thereby promoting the development of a vast array of treatment modalities specifically designed to cater to the needs of the elderly patient population.
Moreover, stakeholders in the industry are implementing strategies such as collaborations with healthcare institutions, research entities, and corporate entities to expand their product portfolios and broaden their market reach. These collaborative initiatives encompass clinical trials, joint ventures, and strategic partnerships. Key players are undertaking mergers & acquisitions, launching new products, and implementing marketing strategies to sustain or enhance their market presence.
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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 Italy peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into Italy peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy peripheral vascular devices market size, by type, 2018-2030 (US$M)
Italy Peripheral Vascular Devices Market Share, 2024 & 2030 (US$M)
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