Europe Peripheral Vascular Devices Market Forecast to 2028 – COVID

Europe Peripheral Vascular Devices Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Peripheral Vascular Stents, Peripheral Transluminal Angioplasty Balloon Catheters, PTA Guidewires, Atherectomy Devices, Chronic Total Occlusion Devices, Aortic Stents, Synthetic Surgical Grafts, and Embolization Guidewires) and End User (Hospitals & Clinics, Ambulatory Care Centers, Specialty Clinics, and Others)

Report Code : BMIRE00025627 | Region : Europe | Industry : Medical Device | Published Date : 10/Aug/2022

The Europe peripheral vascular devices market is expected to grow from US$ 3,288.55 million in 2021 to US$ 5,035.19 million by 2028; it is estimated to register a CAGR of 6.3% from 2021 to 2028

The alarming rise in peripheral artery diseases has been a primary concern across the region. Atherosclerosis, smoking, alcoholism, and obesity are the major factors that increase the risk of developing these diseases. Further, atherosclerosis is a condition in which fatty deposits build up on the inside walls of the arteries, reducing blood flow. Healthy people over the age of 40 have a 50% chance of getting severe atherosclerosis, with the risk increasing as they get older. The disease mostly affects people over the age of 60, yet it goes unnoticed frequently. The increasing prevalence of atherosclerosis is boosting the peripheral vascular devices market substantially. As per the WHO, in 2021, ~1.13 billion people were suffering from hypertension, a leading cause of premature death. Obesity is associated with high blood pressure, dyslipidemia, diabetes or insulin resistance, and higher fibrinogen and C-reactive protein levels, which increase the risk of cardiovascular diseases. Obesity has been associated with a greater risk of high blood pressure. A few significant players are developing and introducing novel products and technologies to compete with existing products in the market, while others are acquiring and partnering with other companies. Thus, the increasing prevalence of hypertension, smoking, alcoholism, and obesity requiring mobility assistance is contributing to the growth of the market across the region.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe peripheral vascular devices market at a notable CAGR during the forecast period.

Europe Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

Europe Peripheral Vascular Devices Market Segmentation

The Europe peripheral vascular devices market is segmented into product, end user, and country. Based on product, the Europe peripheral vascular devices market is segmented into peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, and embolization guidewires. Further, the peripheral vascular stents segment dominated the market in 2021. Based on end user, the Europe peripheral vascular devices market is segmented into hospitals & clinics, ambulatory care centers, specialty clinics, and others. Further, the hospitals & clinics segment dominated the market in 2021. Based on country, the Europe peripheral vascular devices market is segmented into France, Germany, France, the UK, Italy, Spain, and the Rest of Europe. Further, Germany dominated the market in 2021.

Abbott, B. Braun Melsungen AG, BD, Boston Scientific Corporation, Cardinal Health Inc, Cook Medical LLC, Edwards Lifesciences Corporation, Medtronic, Teleflex Incorporated, and Terumo Corporation are among the leading companies operating in the Europe peripheral vascular devices market.

At 6.3% CAGR, the Europe Peripheral Vascular Devices Market is speculated to be worth US$ 5,035.19 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Europe peripheral vascular devices market was valued at US$ 3,288.55 million in 2021 and is expected to reach US$ 5,035.19 million by 2028, registering an annual growth rate of 6.3% from 2021 to 2028. Increasing prevalence of peripheral artery disease and arterial embolism and rising incidences of atherosclerosis, smoking, alcoholism, and obesity and arterial embolism are the critical factors attributed to the market expansion.

The three most common CVDs across the region are coronary heart disease, cerebrovascular disease, and peripheral artery disease. Although cardiovascular disease prevention and control has gained traction in recent decades, efforts have primarily focused on coronary heart disease and cerebrovascular disease, the world's leading causes of mortality. Despite receiving less attention, peripheral artery disease has emerged as a significant contributor to the worldwide deaths and disabilities, with an increasing burden in low-income and middle-income countries (LMICs). A blockage in the blood vessels causes peripheral arterial disease (PAD) or peripheral vascular disease (PVD), which reduces blood flow to the limbs, most commonly the legs. An arterial embolism occurs when a mass of tissue or a foreign substance moves through the vascular tree and lodges in a distant artery, blocking blood flow. Ischemia, organ failure, and possible infarction result from this blockage. Medical and surgical emergencies, such as stroke, acute limb ischemia, mesenteric ischemia, and renal failure, are symptoms of this complex condition. Due to pre-existing factors, such as age, hypercoagulability, cardiac abnormalities, and atherosclerotic disease, surgical and intensive care patients are at a higher risk for arterial embolization. These factors are supporting the peripheral vascular devices market substantially across the region.

On the contrary, high costs and complications associated with embolization procedures hurdles the growth of Europe peripheral vascular devices market.

Based on product, the Europe peripheral vascular devices market is segmented into peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, and embolization guidewires. The peripheral vascular stents segment held 34.0% market share in 2021, amassing US$ 1,117.97 million. It is projected to garner US$ 1,797.45 million by 2028 to expand at 7.0% CAGR during 2021–2028.

Based on end user, the Europe peripheral vascular devices market is segmented into hospitals & clinics, ambulatory care centers, specialty clinics, and others. The hospitals & clinics segment held 38.8% market share in 2021, amassing US$ 1,276.08 million. It is projected to garner US$ 2,002.29 million by 2028 to expand at 6.6% CAGR during 2021–2028.

Based on country, the Europe peripheral vascular devices market is segmented into the France, Germany, France, UK, Italy, Spain, and Rest of Europe. Our regional analysis states that the Germany captured 21.7% market share in 2021. It was assessed at US$ 714.60 million in 2021 and is likely to hit US$ 969.27 million by 2028, exhibiting a CAGR of 6.0% during the forecast period.

Key players dominating the Europe peripheral vascular devices market are Abbott, B. Braun Melsungen AG, BD, Boston Scientific Corporation, Cardinal Health Inc, Cook Medical LLC, Edwards Lifesciences Corporation, Medtronic, Teleflex Incorporated, and Terumo Corporation among others.

In Sep 2021, Abbott acquired Walk Vascular, LLC to expand peripheral vascular offerings, and incorporate into Abbott's existing endovascular product portfolio. Financial terms of the acquisition were not disclosed by the companies. In Nov 2020, Cook Medical LLC announced that Zilver Vena venous self-expanding stent is commercially accessible to physicians in the United States for the treatment of symptomatic iliofemoral venous outflow obstruction.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Peripheral Vascular Devices Market – By Product

1.3.2 Europe Peripheral Vascular Devices Market – By End-User

1.3.3 Europe Peripheral Vascular Devices Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Peripheral Vascular Devices Market – Market Landscape

4.1 Overview

4.2 Europe PEST Analysis

4.3 Experts Opinion

5. Europe Peripheral Vascular Devices Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Incidences of Atherosclerosis, Smoking, Alcoholism, and Obesity

5.1.2 Increasing Prevalence of Peripheral Artery Disease and Arterial Embolism

5.2 Market Restraints

5.2.1 High Costs and Complications Associated with Embolization Procedures

5.3 Market Opportunities

5.3.1 Growing Geriatric Population

5.4 Future Trends

5.4.1 Technological Advancements in Embolization Products and Procedures

5.5 Impact Analysis

6. Peripheral Vascular Devices Market – Europe Analysis

6.1 Europe Peripheral Vascular Devices Market Revenue Forecast and Analysis

7. Europe Peripheral Vascular Devices Market Analysis By Product

7.1 Overview

7.2 Europe Peripheral Vascular Devices Market Share by Product - 2021 & 2028 (%)

7.3 Peripheral Vascular Stents

7.3.1 Overview

7.3.2 Peripheral Vascular Stents: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

7.4 Peripheral Transluminal Angioplasty Balloon Catheters

7.4.1 Overview

7.4.2 Peripheral Transluminal Angioplasty Balloon Catheters: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

7.5 PTA Guidewires

7.5.1 Overview

7.5.2 PTA Guidewires: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

7.6 Atherectomy Devices

7.6.1 Overview

7.6.2 Atherectomy Devices: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

7.7 Chronic Total Occlusion Devices

7.7.1 Overview

7.7.2 Chronic Total Occlusion Devices: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

7.8 Aortic Stents

7.8.1 Overview

7.8.2 Aortic Stents: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

7.9 Synthetic Surgical Grafts

7.9.1 Overview

7.9.2 Synthetic Surgical Grafts: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

7.10 Embolization Guidewires

7.10.1 Overview

7.10.2 Embolization Guidewires: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

8. Europe Peripheral Vascular Devices Market Analysis By End-User

8.1 Overview

8.2 Europe Peripheral Vascular Devices Market Share by End-User - 2021 & 2028 (%)

8.3 Hospitals & Clinics

8.3.1 Overview

8.3.2 Hospitals & Clinics: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

8.4 Ambulatory Care Centers

8.4.1 Overview

8.4.2 Ambulatory Care Centers: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

8.5 Specialty Clinics

8.5.1 Overview

8.5.2 Specialty Clinics: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Others

8.6.2 Others: Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Peripheral Vascular Devices Market – Country Analysis

9.1.1 Europe: Peripheral Vascular Devices Market, Revenue and Forecasts to 2028, By Country (%)

9.1.1.1 Germany: Peripheral Vascular Devices Market -Revenue and Forecasts to 2028 (US$ Million)

9.1.1.1.1 Germany: Peripheral Vascular Devices Market - Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.2 Germany: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

9.1.1.1.3 Germany: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

9.1.1.2 France: Peripheral Vascular Devices Market Revenue and Forecasts to 2028 (US$ Million)

9.1.1.2.1 France: Peripheral Vascular Devices Market - Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.2 France: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

9.1.1.2.3 France: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

9.1.1.3 UK: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 UK: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.2 UK: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

9.1.1.3.3 UK: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

9.1.1.4 Italy: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1 Italy: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.2 Italy: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

9.1.1.4.3 Italy: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

9.1.1.5 Spain: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1 Spain: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.2 Spain: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

9.1.1.5.3 Spain: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

9.1.1.6 Rest of Europe: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1 Rest of Europe: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.2 Rest of Europe: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

9.1.1.6.3 Rest of Europe: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

10. Industry Landscape

10.1 Overview

10.2 Organic Developments

10.2.1 Overview

10.3 Inorganic Developments

10.3.1 Overview

11. Company Profiles

11.1 Abbott

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Edwards Lifesciences Corporation

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Medtronic

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Teleflex Incorporated

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Boston Scientific Corporation

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 BD

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 Cook Medical LLC

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Terumo Corporation

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 B. Braun Melsungen AG

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Cardinal Health Inc

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

Table 1.             Europe Peripheral Vascular Devices Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Germany Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

Table 3.             Germany Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

Table 4.             France Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

Table 5.             France Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

Table 6.             UK Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

Table 7.             UK: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

Table 8.             Italy: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

Table 9.             Italy Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

Table 10.          Spain Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

Table 11.          Spain Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

Table 12.          Rest of Europe: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By Product (US$ Million)

Table 13.          Rest of Europe: Peripheral Vascular Devices Market- Revenue and Forecasts to 2028, By End-User (US$ Million)

Table 14.          Organic Developments in the Peripheral Vascular Devices Market

Table 15.          Inorganic Developments in the Peripheral Vascular Devices Market

Table 16.          Glossary of Terms

LIST OF FIGURES.

Figure 1.           Europe Peripheral Vascular Devices Market Segmentation

Figure 2.           Europe Peripheral Vascular Devices Market, By Country

Figure 3.           Europe Peripheral Vascular Devices Market Overview

Figure 4.           Europe Peripheral Vascular Devices Market, By Product

Figure 5.           Europe Peripheral Vascular Devices Market, By Country

Figure 6.           Europe: PEST Analysis

Figure 7.           Experts Opinion

Figure 8.           Europe Peripheral Vascular Devices Market Impact Analysis of Driver and Restraints

Figure 9.           Europe Peripheral Vascular Devices Market– Revenue Forecast and Analysis

Figure 10.        Europe Peripheral Vascular Devices Market Share by Product - 2021 & 2028 (%)

Figure 11.        Europe Peripheral Vascular Stents: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 12.        Europe Peripheral Transluminal Angioplasty Balloon Catheters: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 13.        Europe PTA Guidewires: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 14.        Europe Atherectomy Devices: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 15.        Europe Chronic Total Occlusion Devices: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 16.        Europe Aortic Stents: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 17.        Europe Synthetic Surgical Grafts: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 18.        Europe Embolization Guidewires: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 19.        Europe Peripheral Vascular Devices Market Share by End-User - 2021 & 2028 (%)

Figure 20.        Europe Hospitals & Clinics: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 21.        Europe Ambulatory Care Centers: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 22.        Europe Specialty Clinics: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 23.        Europe Others: Peripheral Vascular Devices Market Revenue and Forecasts To 2028 (US$ Million)

Figure 24.        Europe: Peripheral Vascular Devices Market, Revenue Overview, by Country, 2021 (US$ Million)

Figure 25.        Europe Peripheral Vascular Devices Market, Revenue and Forecasts to 2028, By Country (%)

Figure 26.        Germany Peripheral Vascular Devices Market - Revenue and Forecast to 2028 (US$ Million)

Figure 27.        France: Peripheral Vascular Devices Market - Revenue and Forecast to 2028 (US$ Million)

Figure 28.        UK: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Italy: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Spain: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Rest of Europe: Peripheral Vascular Devices Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Europe Peripheral Vascular Devices Market

● Abbott

● B. Braun Melsungen AG

● BD

● Boston Scientific Corporation

● Cardinal Health Inc

● Cook Medical LLC

● Edwards Lifesciences Corporation

● Medtronic

● Teleflex Incorporated 

● Terumo Corporation

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe peripheral vascular devices market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe peripheral vascular devices market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the peripheral vascular devices market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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