Kuwait Peripheral Vascular Devices Market Size & Outlook
Kuwait peripheral vascular devices market, 2018-2030 (US$M)
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Kuwait peripheral vascular devices market highlights
- The Kuwait peripheral vascular devices market generated a revenue of USD 16.5 million in 2023 and is expected to reach USD 21.1 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- Peripheral Accessories 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 16.5 million |
| Market revenue in 2030 | USD 21.1 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | Peripheral Accessories |
| 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, Kuwait accounted for 0.2% 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 Middle East & Africa, South Africa peripheral vascular devices market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 173.5 million by 2030.
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Peripheral Vascular Devices Market Scope
Peripheral Vascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kuwait 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 45.45% in 2023. Horizon Databook has segmented the Kuwait 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 principal factor propelling the peripheral vascular devices market in Kuwait is the growing prevalence of cardiovascular diseases, including PAD and Deep Vein Thrombosis (DVT). Cardiovascular diseases pose a substantial health challenge in Kuwait, which is boosting the demand for peripheral vascular devices.
Governmental initiatives aimed at enhancing healthcare infrastructure and services have been pivotal in fostering the expansion of the peripheral vascular devices market in Kuwait. Significant investments in healthcare infrastructure, spanning hospitals, clinics, and medical equipment, have substantially improved the overall healthcare quality.
This, in turn, facilitates enhanced accessibility for patients seeking peripheral vascular devices and ensures prompt treatment for cardiovascular conditions. Furthermore, the growing geriatric population in Kuwait is a factor contributing to market growth.
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Target buyers of Kuwait peripheral vascular devices market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into Kuwait peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait peripheral vascular devices market size, by type, 2018-2030 (US$M)
Kuwait Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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