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Vascular Disease Devices Market by Product, and End User : Global Opportunity Analysis and Industry Forecast, 2021––2030

Vascular Disease Devices Market by Product, and End User : Global Opportunity Analysis and Industry Forecast, 2021––2030

  • January 2022
  • 220 pages
  • ID: 6247248
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Vascular Disease Devices Market by Product (Stents, Balloons, Catheters, Plaque Modification Devices, Hemodynamic Flow Alteration Devices, and Others), and End User (Hospitals and Cardiac Centers, and Ambulatory Surgical Center): Global Opportunity Analysis and Industry Forecast, 2021––2030


The global vascular disease devices market was valued at $26,522.24 million in 2020, and is projected to reach $ 51,802.14 million by 2030, registering a CAGR of 6.50% from 2021 to 2030.
The vascular diseases refer to any pathological condition that affects natural blood circulatory system, such as peripheral artery disease (PAD). The vascular diseases include stroke, peripheral artery disease (PAD), abdominal aortic aneurysm (AAA), carotid artery disease (CAD), arteriovenous malformation (AVM), critical limb-threatening ischemia (CLTI), pulmonary embolism (blood clots), deep vein thrombosis (DVT), chronic venous insufficiency (CVI), and varicose veins. The incidence of vascular diseases has increased significantly over the last few years. According to the World Health Organization (WHO), an estimated 17.9 million people died from cardiovascular diseases (CVDs) in 2019. Vascular diseases may be caused due to high blood pressure, cholesterol deposition, injury, genetics, and infections. Diabetes, hypertension, obesity, alcohol consumption, and tobacco smoking are the risk factors for vascular diseases.
Specially designed devices such as balloons, stents, catheters, and filters are used to perform various vascular surgeries. The artery stent is a small, metal mesh tube that expands inside a coronary artery. A stent is often placed during or immediately after angioplasty. It helps prevent the artery from closing up again. Similarly, at the blockage, the balloon is inflated and the spring-like stent expands and locks into place inside the artery. The stent stays in the artery permanently to hold it open and improve blood flow to the heart. In addition, cardiac catheter is a very small, flexible, hollow tube put into a blood vessel in the groin, arm, or neck. Then surgeon threads it through the blood vessel into the aorta and the heart. The cardiac catheterization is used to diagnose and evaluate common heart and blood vessel problems such as chest pain or an abnormal stress test due to coronary artery disease, heart valve conditions like a leaky or narrowed valve, a high blood pressure condition in the lungs, or blood clots.
Increase in prevalence of vascular diseases worldwide, drive the growth of the vascular disease devices market. For instance, according to a report by the American Heart Association, in 2019, 197.2 million people were living with ischemic heart disease (IHD). In addition, increase in diabetes and hypertension propels the growth of the vascular disease devices market. According to the World Health Organization (WHO) in 2021, an estimated 1.28 billion adults aged 30-79 years worldwide have hypertension. The older people are more susceptible to vascular disease. Thus, rise in the geriatric population further contributed in the growth of vascular disease devices market. However, product recalls and failures may limit the growth of the market.
The vascular disease devices market is segmented on the basis of product, end-user and region. By product, the market is divided into stents, balloons, catheters, plaque modification devices, hemodynamic flow alteration devices, and others. The stents are further classified into coronary stents, peripheral stents, and stents-related products. The coronary stents are divided into drug-eluting stents bare-metal coronary stents and bioabsorbable stents. The peripheral stents are further classified as iliac, femoral-popliteal, renal, and carotid. The stents-related products are classified as synthetic grafts and vena cava filters.
The balloons are further divided into bare/normal balloons, drug-coated balloons, and scoring balloons. The catheters are classified as angiography, IVUS/OCT, and guiding.
By end-user, the market is divided into hospitals & cardiac centers and ambulatory surgical centers. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the report include Medtronic, Boston Scientific Corporation, Abbott Laboratories, Becton Dickinson and Company, Terumo Corporation, Cordis, B. Braun Melsungen Ag, Ivascular, Merit Medical, and Koninklijke Philips N.V.

KEY BENEFITS FOR STAKEHOLDERS
- The report provides an in-depth analysis of the global vascular disease devices market size along with the current trends and future estimations to elucidate the imminent investment pockets.
- It offers market analysis from 2021 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
- A comprehensive analysis of the region assists to understand the regional market and facilitate strategic business planning and determine prevailing opportunities.
- The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global vascular disease devices market growth.

KEY MARKET SEGMENTS
By Product
Stents
Coronary Stents
Drug-eluting Stents
Bare-metal Coronary
Stents Bioabsorbable Stents

Peripheral Stents
Iliac
Femoral-Popliteal
Renal
Carotid

Stent Related Implant
Synthetic Grafts
Vena Cava Filters

Balloons
Bare/Normal balloon
Drug coated balloons
Scoring balloons

Catheters
Angiography
IVUS/OCT
Guiding

Plaque Modification Devices
Hemodynamic Flow Alteration Devices
Others
By End User
Hospitals and Cardiac Centers
Ambulatory Surgical Centers

By Region
North America
U.S.
Canada
Mexico

Europe
Germany
France
UK
Italy
Spain
Rest of Europe

Asia Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific

LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

KEY MARKET PLAYERS
- Medtronic,
- Boston scientific corporation,
- Abbott laboratories,
- Becton Dickinson and company,
- Terumo Corporation,
- Cordis,
- B. Braun Melsungen AG,
- Ivascular,
- Merit Medical,
- Koninklijke Philips N.V.

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