Peripheral Vascular Devices And Equipment Market Report 2026

Peripheral Vascular Devices And Equipment Market Overview

• Peripheral Vascular Devices And Equipment market size has reached to $10.29 billion in 2025 • Expected to grow to $13.15 billion in 2030 at a compound annual growth rate (CAGR) of 5.7% • Growth Driver: Elevated Healthcare Expenditure Fuels Growth In The Peripheral Vascular Devices And Equipment Market • Market Trend: Innovations in Larger-Diameter Catheters for Peripheral Artery Disease Treatment • North America was the largest region in 2025 and Western Europe is the fastest growing region.

What Is Covered Under Peripheral Vascular Devices And Equipment Market?

Peripheral vascular devices and equipment are used to treat peripheral vascular diseases which are slow and progressive blood circulation disorders caused by blockages, narrowing, or spasms in blood vessels outside the heart and brain including arteries and veins. The main types of peripheral vascular devices and equipment are peripheral vascular stents, percutaneous transluminal angioplasty balloons, catheters, PTA guide wires, atherectomy devices, chronic total Occlusion devices, aortic stents, synthetic surgical grafts, embolic protection devices, and inferior vena cava filters. The catheter is a tubular medical device for insertion into canals, vessels, passageways, or body cavities to permit injection or withdrawal of fluids or to keep a passage open. The applications involved are the treatment of peripheral blood vessels damaged and the treatment of peripheral blood vessels blockage. The various end-users are hospital applications and clinic applications.

What Is The Peripheral Vascular Devices And Equipment Market Growth Forecast?

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.

Global Peripheral Vascular Devices And Equipment Market Segmentation

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

What Is The Driver Of 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 industry forward.

Key Players In The Global 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

Global Peripheral Vascular Devices And Equipment Market Trends and Insights

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.

What Are Latest Mergers And Acquisitions In The Peripheral Vascular Devices And Equipment Market?

In September 2024, Boston Scientific Corporation, a US-based biotechnology company, acquired Silk Road Medical Inc. for $1.18 billion. Through the acquisition, Boston Scientific has enhanced its vascular technology offerings by increasing access to the innovative TCAR platform for both physicians and patients through its broad commercial network. This deal allows Boston to offer a stroke risk-reducing treatment for carotid artery disease, improving patient outcomes. Silk Road Medical Inc. is a US-based manufacturer of peripheral vascular devices and equipment.

Regional Outlook

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 this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

What Defines the Peripheral Vascular Devices And Equipment Market?

The peripheral vascular devices and equipment market consist of sales of peripheral vascular stents, percutaneous transluminal angioplasty balloons, PTA drug-eluting balloons, embolic protection devices, inferior vena cava filters, Aortic stent-grafts, synthetic surgical drafts, and peripheral guide wires. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.