U.S. Peripheral Vascular Devices Market Size & Outlook
U.S. peripheral vascular devices market, 2018-2030 (US$M)
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U.S. peripheral vascular devices market highlights
- The U.S. peripheral vascular devices market generated a revenue of USD 3,338.2 million in 2023 and is expected to reach USD 4,953.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- Hemodynamic Flow Alteration 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 3,338.2 million |
| Market revenue in 2030 | USD 4,953.0 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | Hemodynamic Flow Alteration 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, U.S. accounted for 34.2% 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 North America, U.S. peripheral vascular devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 4,953.0 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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U.S. 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 20.65% in 2023. Horizon Databook has segmented the U.S. 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 U.S. has a pivotal role in peripheral vascular devices market, characterized by a dynamic regional landscape featuring substantial growth and notable technological progress. The demand for peripheral vascular devices is growing due to several factors such as rising incidence of cardiovascular diseases and an increasing number of clinical trials exploring stent applications in PAD.
For instance, in March 2024, BD initiated a clinical trial for its experimental vascular-covered stent in individuals diagnosed with PAD. The trial aims to enroll 315 patients and assess the safety and efficacy of the self-expanding nitinol implant featuring a fluoropolymer coating.
Although BD currently markets various medical devices catering to PAD, such as the self-expanding Lifestent, the company has recognized the demand for a robust stent capable of effectively navigating lesions and maintaining proximity to the vessel wall. Such initiatives are expected to further contribute to the market expansion.
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Target buyers of U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. peripheral vascular devices market, including forecasts for subscribers. This country databook contains high-level insights into U.S. peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. peripheral vascular devices market size, by type, 2018-2030 (US$M)
U.S. Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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