Peripheral Vascular Devices And Equipment Market Anticipated To Grow Steadily, Supported By Demand Drivers And Key Industry Trends
How Does The Expected Peripheral Vascular Devices And Equipment Market Size In 2030Compare With Its Size In 2026?
The peripheral vascular devices and equipment market size has grown steadily in recent years. It will grow from $10.29 billion in 2025 to $10.56 billion in 2026 at a compound annual growth rate (CAGR) of 2.5%. The growth in the historic period can be attributed to increasing prevalence of peripheral artery disease, rising aging population, expansion of interventional cardiology practices, growing adoption of catheter-based therapies, increasing hospital infrastructure investments.
The peripheral vascular devices and equipment market size is expected to see strong growth in the next few years. It will grow to $13.15 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing demand for minimally invasive vascular treatments, rising use of bioresorbable materials, expansion of outpatient vascular procedures, growing focus on precision-guided interventions, increasing innovation in peripheral stent technologies. Major trends in the forecast period include increasing adoption of drug-coated vascular devices, rising use of minimally invasive endovascular procedures, growing demand for advanced atherectomy systems, expansion of image-guided peripheral interventions, enhanced focus on long-term device patency.
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Which Major Drivers Are Strengthening Demand In The Peripheral Vascular Devices And Equipment Market?
The increasing healthcare expenditure will boost the peripheral vascular devices and equipment market going forward. Healthcare expenditure refers to the total amount of money spent by individuals, organizations, or governments on healthcare-related goods and services within a specific period. A rise in healthcare expenditure can lead to increased demand for peripheral vascular devices and equipment as healthcare systems invest in advanced medical technologies to improve the diagnosis and treatment of conditions like peripheral artery disease, ultimately enhancing patient care and outcomes. For instance, in April 2025, according to The Office for National Statistics (ONS), a UK-based producer of official statistics and the government's principal source of data, the government-financed healthcare reached USD 2.91 billion (£258 billion) in 2024, a real-terms increase of 2.5% from 2023 signaling stronger funding for care delivery and equipment. Therefore, increasing healthcare expenditure will drive the peripheral vascular devices and equipment market forward.
How Is The Peripheral Vascular Devices And Equipment Market Divided Across Its Major Segment Categories?
The peripheral vascular devices and equipment market covered in this report is segmented –
1) By Type: Peripheral vascular stents, Percutaneous transluminal angioplasty balloons, Catheters, PTA guide wires, Atherectomy devices, Chronic total acclusion devices, Aortic stents, Synthetic surgical grafts, Embolic protection devices, Inferior vena cava filters
2) By Application: Treatment of Peripheral Blood Vessels Damaged, Treatment of Peripheral Blood Vessels Blockage
3) By End User: Hospital applications, Clinic applications
Subsegments:
1) By Peripheral Vascular Stents: Balloon-expandable Stents, Self-expanding Stents
2) By Percutaneous Transluminal Angioplasty Balloons: Drug-coated Balloons, Non-drug-Coated Balloons
3) By Catheters: Diagnostic Catheters, Therapeutic Catheters
4) By PTA Guide Wires: Hydrophilic Guide Wires, Non-hydrophilic Guide Wires
5) By Atherectomy Devices: Rotational Atherectomy Devices, Orbital Atherectomy Devices, Laser Atherectomy Devices, Directional Atherectomy Devices
6) By Chronic Total Occlusion Devices: CTO crossing devices, CTO re-entry devices
7) By Aortic Stents: Self-expanding Aortic Stents, Balloon-expandable Aortic Stents
8) By Synthetic Surgical Grafts: Polyester Grafts, Polytetrafluoroethylene (PTFE) Grafts, Dacron Grafts
9) By Embolic Protection Devices: Distal Protection Devices, Proximal Protection Devices
10) By Inferior Vena Cava Filters: Permanent Filters, Retrievable Filters
Which Trends Are Currently Influencing The Direction Of The Peripheral Vascular Devices And Equipment Market?
Major companies operating in the peripheral vascular devices and equipment market are focused on developing advanced products, such as larger-diameter catheters, to enhance the treatment of peripheral artery diseases. Larger-diameter catheters are medical devices designed to facilitate the drainage or administration of fluids, medications, or other substances. For instance, in March 2023, Shockwave Medical Inc., a US-based medical device company, launched the peripheral intravascular lithotripsy (IVL) catheter. The unique feature of the Shockwave L6 Peripheral IVL catheter is its specialized design to effectively modify calcification in challenging lesions within large peripheral vessels, such as the iliac and common femoral arteries. This targeted approach addresses the common issue of calcification in these arteries, which is often linked to reduced procedural success and higher complications rates with standard endovascular techniques.
Which Influential Players Dominate The Competitive Environment Of The Peripheral Vascular Devices And Equipment Market?
Major companies operating in the peripheral vascular devices and equipment market are Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Cook Group, Angiomed GmbH & Co. Medizintechnik KG, Terumo Corporation, ENDOLOGIX Inc., Bolton Medical Inc., JOTEC GmbH, Clearstream Technologies, Aesculap AG, Curative Medical Devices, Lepu Medical Technology, MicroPort, Bioteque Corporation Co.Ltd., Cardinal Health, iVascular, B. Braun Group, Biosensors International Group, BIOTRONIK SE & Co., COVIDien, Volcano Corporation, AngioScore, Edwards Lifesciences Corporation, Cordis Corporation, Koninklijke Philips N.V., Nipro Corporation, Bluesail Medical Co. Ltd, Rex Medical, Teleflex Incorporated, Penumbra Inc., Lombard Medical Technologies PLC, W.L. Gore & Associates Inc., Merit Medical Systems Inc., Vascular Solutions Inc., LeMaitre Vascular Inc., Spectranetics Corporation
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Which Geographic Markets Are Contributing Most Significantly To The Progress Of The Peripheral Vascular Devices And Equipment Market?
North America was the largest region in global peripheral vascular devices and equipment market in 2025. Western Europe was the second-largest region in global peripheral vascular devices and equipment market. The regions covered in the peripheral vascular devices and equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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