Peripheral Interventions Market statistics and research analysis released in latest report - PowerPoint PPT Presentation

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Peripheral Interventions Market statistics and research analysis released in latest report

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Peripheral Interventions Market Size By Product (Catheters, Sheath, Stents {Bare Metal Stents, Drug-eluting Stents}, Guide Wires, Atherectomy Devices – PowerPoint PPT presentation

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Title: Peripheral Interventions Market statistics and research analysis released in latest report


1
Peripheral Interventions Market outlook with
industry review and forecasts
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Peripheral Interventions Market
  • Increasing geriatric population susceptible to
    cardiovascular diseases will influence peripheral
    interventions market trends globally, owing to
    the associated need for vascular intervention
    surgeries. Cardiovascular diseases in elderly as
    well as young population is a result of increased
    consumption of carbohydrate-rich food, smoking,
    sedentary lifestyle, which is leading to excess
    weight and complex medical health conditions such
    as diabetes and hypertension.
  • Rising awareness amongst population pertaining to
    advanced surgeries as well as widespread adoption
    of technological advanced products in healthcare
    facilities including, polytetrafluroethylene,
    catheter and pro-slit covered tip technologies
    during surgical procedures will escalate the
    demand for peripheral intervention devices.

3
Continued...
  • Technological advancements in the devices has
    prompted their adoption in surgeries for ease in
    use and to provide better treatment for heart
    patients. Growing adoption of minimally or
    non-invasive procedures is further influencing
    masses to undergo surgeries. Expanding geriatric
    patient pool and rising incidence of chronic
    disorders will undoubtedly offer lucrative growth
    for peripheral interventions market size, which
    is projected to record over USD 11.5 billion in
    annual revenues by 2026.
  • Guidewires are experiencing heavy demand on
    account of technical breakthroughs in
    affordability, accessibility, flexibility along
    with minimal deformity rate. This is leading to
    increased usage of guidewires in interventional
    procedures. Technological advancements in
    guidewires through innovation along with its ease
    of use will augment product demand in the coming
    years. Guidewires market is expected to exhibit a
    CAGR of 8.6 over the analysis period.

4
Continued...
  • Peripheral artery disease is one of the major
    causes for death, which affects over 200 million
    people every year, globally. Expanding geriatric
    population base has also contributed to rising
    incidences of peripheral artery diseases. The
    higher burden of cardiovascular disorders will
    bolster the requirement for peripheral
    interventions devices. Vascular diseases segment
    in the industry is poised to grow at 8.8 during
    the projected timeframe due to growing prevalence
    of such disorders.
  • In 2019, ambulatory surgical centers segment
    accounted for over USD 250 million of the total
    share, which is likely to grow significantly in
    the coming years. Preference for ambulatory
    surgical centers among patients is increasing as
    they offer various benefits of multi-functionality
    and are equipped with advanced devices for
    peripheral interventions. In addition, rising
    investments by governments to develop
    sophisticated infrastructure will attract more
    patients, fueling the demand for interventional
    devices in the ASCs.

5
Continued...
  • According to the European Heart Network
    estimates, about 3.9 million people die due to
    cardiovascular diseases, annually. In 2015,
    around 6.1 million new cardiovascular disease
    cases were registered in the European Union and
    approximately 11.3 million cases in the entire
    Europe. Rising expenditure on CVD treatment along
    with presence of sophisticated healthcare
    infrastructure across the region may bolster
    demand for the products. In 2019, Europe
    peripheral interventions market accounted for 27
    of the overall industry share and is likely to
    showcase momentous growth over the projected
    timeframe.
  • Prominent players operating in the global
    peripheral interventions market are DePuy
    Synthes, Cardinal Health, Abbott laboratories,
    C.R. Bard and Medtronic, among other players.
    These companies are adopting various organic and
    inorganic strategies such as partnerships,
    collaborations and product innovations, to gain
    competitive edge over other manufacturers and to
    expand product portfolio. For instance, Abbott
    had launched advanced mapping catheter in 2019
    for supplementing its product line.

6

Browse Full Market Research Report On
Peripheral Interventions Market _at_
https//bit.ly/2VK0a2F Request for a Sample of
this Research Report _at_ https//www.gminsights.com/
request-sample/detail/2915
7
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