Peripheral Vascular Devices and Accessories Market Research Report By Device Type (Stents, Balloon Catheters, Vascular Grafts, Embolic Protection Devices, Inferior Vena Cava Filters), By Procedure Type (Angioplasty, Atherectomy, Bypass Surgery, Endovenous Laser Therapy, Phlebectomy), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Long-Term Care Centers), By Application (Coronary Artery Disease, Peripheral Artery Disease, Deep Vein Thrombosis, Chronic Limb Ischemia) and By Regional (North America, Europe, South Ameri

Peripheral Vascular Devices and Accessories Market Overview

As per MRFR analysis, the Peripheral Vascular Devices and Accessories Market Size was estimated at 6.13 (USD Billion) in 2023. The Peripheral Vascular Devices and Accessories Market Industry is expected to grow from 6.48(USD Billion) in 2024 to 12.0 (USD Billion) by 2035. The Peripheral Vascular Devices and Accessories Market CAGR (growth rate) is expected to be around 5.76% during the forecast period (2025 - 2035).

Key Peripheral Vascular Devices and Accessories Market Trends Highlighted

The Global Peripheral Vascular Devices and Accessories Market is experiencing several important trends that are shaping its future. The rise in the prevalence of peripheral artery disease, driven by factors such as an aging population and increasing rates of obesity, is a significant market driver. Additionally, advancements in technology, including the development of minimally invasive procedures and improved diagnostic tools, are enhancing treatment options. These drivers are prompting healthcare providers to invest in innovative devices that help improve patient outcomes while reducing recovery time. There are ample opportunities to explore in this market, particularly in the development of next-generation devices that feature enhanced bio-compatibility and safety.

In addition to ensuring reduced costs due to simplified production processes, manufacturers may increase their market share by focusing on customization to meet the specific needs of patients. Moreover, emerging markets signify robust growth potential as healthcare systems continue to modernize and demand sophisticated medical interventions. Current trends suggest that there is a pivot towards integrated healthcare delivery systems where diagnosis and treatment are provided under a single entity. There is also a growing focus on patient-centered designs, such as increased usability and comfort. Vascular digital health technology is on the rise, offering remote patient monitoring services, telehealth consultations, and other services aimed at increasing accessibility to vascular care.

Overall, the market is poised for continuous evolution as it adapts to changes in patient demands and technological advancements, creating a more effective and efficient healthcare landscape.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Peripheral Vascular Devices and Accessories Market Drivers

Increasing Prevalence of Peripheral Vascular Diseases

The rising incidence of peripheral vascular diseases (PVD) due to factors such as an aging population, sedentary lifestyles, and underlying conditions like diabetes and hypertension is a significant driver of growth in the Global Peripheral Vascular Devices and Accessories Market. As the global population ages, more individuals are becoming susceptible to diseases affecting the arteries and veins, leading to a greater demand for effective treatment options.This heightened prevalence creates a substantial need for peripheral vascular devices, including stents, balloons, and grafts, which are integral to managing these conditions. The increasing awareness and improved diagnostic capabilities contribute to early identification, encouraging timely intervention and driving market growth. 

Furthermore, advancements in medical technology are enabling the development of more sophisticated devices and accessories, ensuring better patient outcomes.As healthcare systems worldwide strive to address the growing burden of PVD, investments in new technologies, research, and the expansion of healthcare infrastructures significantly influence the global market dynamics. The emerging Global Peripheral Vascular Devices and Accessories Market industry is anticipated to benefit greatly from the continuous evolution of treatment methodologies and innovations tailored to enhance the management of peripheral vascular diseases.A holistic approach involving multidisciplinary care is also gaining traction, helping to create a comprehensive ecosystem that supports patient needs, ranging from diagnosis to treatment and post-procedure management, further propelling market demand.

Technological Advancements in Medical Devices

The rapid pace of technological advancements in the design and functionality of peripheral vascular devices is another crucial driver for the Global Peripheral Vascular Devices and Accessories Market. Innovations such as minimally invasive procedures, bioresorbable materials, and enhanced imaging technologies are revolutionizing the way peripheral vascular diseases are diagnosed and treated. These advancements lead to improved patient experiences, reduced recovery times, and lower risks of complications.As manufacturers focus on integrating cutting-edge technologies into their products, the market is witnessing a surge in demand for state-of-the-art devices, which further stimulates growth in the industry. Additionally, regulatory bodies are becoming increasingly supportive of innovation, providing a conducive environment for the development and approval of new medical devices.

Rising Healthcare Expenditure

The increasing healthcare expenditure globally plays a significant role in the expansion of the Global Peripheral Vascular Devices and Accessories Market. As countries invest more in their healthcare systems, there is a parallel growth in the availability of advanced medical technologies and treatment options. The heightened focus on improving patient care and outcomes leads to higher demands for peripheral vascular devices. Moreover, as patients become more aware of treatment options, their willingness to seek medical intervention increases, driving market dynamics.This trend is particularly evident in regions where healthcare infrastructure is being rapidly developed or improved, providing greater access to specialized care and advanced medical devices.

Peripheral Vascular Devices and Accessories Market Segment Insights

Peripheral Vascular Devices and Accessories Market Device Type Insights

The Global Peripheral Vascular Devices and Accessories Market is witnessing significant growth within its Device Type segmentation, characterized by various critical categories, including Stents, Balloon Catheters, Vascular Grafts, Embolic Protection Devices, and Inferior Vena Cava Filters. By 2024, the overall market was valued at 6.48 USD Billion, with Stents holding a major share valued at 2.12 USD Billion, marking it as a dominant player in the sector. This significant valuation can be attributed to the rising prevalence of peripheral artery diseases and the increasing reliance on minimally invasive procedures, which position Stents as a crucial component for vascular interventions. Following closely, Balloon Catheters are expected to generate 1.54 USD Billion in 2024, playing an essential role in angioplasty procedures. The need to restore blood flow and facilitate the deployment of other devices enhances the importance and demand for Balloon Catheters in the market.

In terms of Vascular Grafts, these devices are anticipated to achieve a valuation of 1.3 USD Billion in 2024 due to their application in bypass surgeries and the treatment of vascular diseases. This segment sees consistent demand from various medical facilities, reflecting the necessity of these devices in ensuring effective vascular repair. Embolic Protection Devices, though smaller in market size at 0.9 USD Billion in 2024, are gaining traction as they offer substantial benefits in preventing embolic events during cardiovascular procedures, thereby emphasizing their criticality in safely managing complex interventions. Finally, the market for Inferior Vena Cava Filters is valued at 0.62 USD Billion in 2024, providing significant utility in preventing pulmonary embolism. Although this segment retains a smaller market share, its importance stems from its specific applications in critical care and emergency settings.The overall market diversion showcases that Stents remains the majority holder, dominating the revenue pie due to increasing incidences of vascular diseases and rising awareness regarding treatment options. The combined value of these Device Types reflects the growing healthcare needs and emphasizes the pivotal role that advancements in technology play in better patient outcomes. 

The Global Peripheral Vascular Devices and Accessories Market data highlights various trends like an increasing preference for minimally invasive surgeries and the ongoing development of innovative devices. The increasing geriatric population and higher incidences of lifestyle-related ailments are important growth drivers. While challenges such as regulatory hurdles and reimbursement issues remain prominent, the opportunities presented by technological advancements, increased healthcare spending, and rising awareness about peripheral vascular diseases are set to propel the market growth well into the coming years.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Peripheral Vascular Devices and Accessories Market Procedure Type Insights

The Global Peripheral Vascular Devices and Accessories Market has been significantly shaped by the Procedure Type segmentation, which includes various therapeutic approaches such as Angioplasty, Atherectomy, Bypass Surgery, Endovenous Laser Therapy, and Phlebectomy. As of 2024, the overall market is poised to reach a valuation of 6.48 USD Billion, reflecting the increasing demand for effective solutions in managing peripheral vascular diseases. Angioplasty has emerged as a key procedure commonly employed to open narrowed or blocked blood vessels, thus enhancing blood flow and improving patient outcomes.Atherectomy also plays a vital role, utilizing catheters to remove plaque buildup from arteries, which is crucial for maintaining vascular health. Bypass surgery remains significant due to its ability to reroute blood flow, especially in severe cases. Endovenous Laser Therapy and Phlebectomy cater to specific venous conditions, focusing on treating varicose veins and improving aesthetics, which is gaining popularity among patients. The growing prevalence of peripheral arterial diseases and advancements in technology are driving the demand for these procedures, while market data indicates that the segment's growth is supported by favorable reimbursement policies and a rising geriatric population susceptible to vascular issues.

Peripheral Vascular Devices and Accessories Market End User Insights

The Global Peripheral Vascular Devices and Accessories Market, expected to reach a valuation of 6.48 USD Billion in 2024, reveals a diverse landscape in its End User segment, which includes Hospitals, Ambulatory Surgical Centers, Specialty Clinics, and Long-Term Care Centers. Hospitals play a crucial role, representing a major share, as they are typically equipped with advanced medical technologies and a higher capacity for managing complex vascular procedures. Ambulatory Surgical Centers are experiencing growth, driven by the rising preference for outpatient procedures, offering convenience and efficiency.Specialty Clinics focusing on specific vascular treatments are becoming increasingly significant due to the growing demand for tailored patient care. Long-Term Care Centers cater to patients requiring ongoing management of chronic disorders, thereby maintaining a steady demand for vascular devices. The dynamics of these End-User segments reflect broader market trends driven by technological advancements and an increasing focus on patient-centric care, contributing to the robust growth forecast for the Global Peripheral Vascular Devices and Accessories Market revenue over the coming years.

Peripheral Vascular Devices and Accessories Market Application Insights

The Global Peripheral Vascular Devices and Accessories Market is projected to reach a valuation of 6.48 USD billion by 2024, with various applications driving this growth. Within the Application segment, conditions such as Coronary Artery Disease, Peripheral Artery Disease, Deep Vein Thrombosis, and Chronic Limb Ischemia play major roles. Coronary Artery Disease continues to be a leading factor due to its high prevalence and significant health risks, thus necessitating effective vascular interventions. Peripheral Artery Disease is also significant as it affects millions globally and contributes to considerable healthcare costs.The market for Deep Vein Thrombosis is fueled by the increasing recognition of its complications; hence, effective preventive devices are in demand. Chronic Limb Ischemia is gaining attention due to the growing aging population and its associated health challenges. These trends, combined with technological advancements in devices, pave the way for increased market growth, presenting opportunities for innovation in treatment methodologies and device efficiency. As the Global Peripheral Vascular Devices and Accessories Market evolves, these applications will remain central to addressing vascular health challenges and will significantly influence overall market dynamics and statistics.

Peripheral Vascular Devices and Accessories Market Regional Insights

The Global Peripheral Vascular Devices and Accessories Market is witnessing significant revenue growth across its regional landscape. In 2024, North America leads the market, valued at 2.8 USD Billion, and is expected to grow to 5.0 USD Billion by 2035, demonstrating its dominance due to advanced healthcare infrastructure and innovation. Europe follows, with a market value of 1.6 USD Billion in 2024, projected to reach 3.0 USD Billion in 2035, reflecting a strong emphasis on cardiovascular health technologies. The APAC region, valued at 1.4 USD Billion in 2024, is poised to rise to 2.6 USD Billion in 2035, indicating growing healthcare investments and increasing demand for vascular devices.South America shows a smaller market size of 0.5 USD Billion in 2024, anticipated to double to 1.0 USD Billion by 2035, signaling emerging market potential. The MEA region, currently valued at 0.18 USD Billion in 2024, is targeted for growth, expected to reach 0.4 USD Billion by 2035, albeit facing challenges such as regulatory hurdles. The market growth is driven by the increasing prevalence of vascular diseases, technological advancements, and an aging population across regions. The data reflects not just market size but also the ongoing trend toward better healthcare solutions in the global landscape.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Peripheral Vascular Devices and Accessories Market Key Players and Competitive Insights :

The Global Peripheral Vascular Devices and Accessories Market is characterized by a dynamic competitive landscape driven by technological advancements and evolving healthcare needs. As the healthcare industry prioritizes minimally invasive procedures and improved patient outcomes, the demand for peripheral vascular devices continues to surge. This market encompasses a range of products, including stents, catheters, and angioplasty balloons, which are pivotal in treating peripheral artery disease and other vascular complications. With an increasing prevalence of chronic conditions, the competition among leading players is intensifying as they strive to innovate and provide superior products. Market participants are deploying strategic alliances, novel product launches, and enhancing distribution networks to secure a stronger foothold and cater to the growing demand effectively, leading to a vibrant and competitive environment.

Cardinal Health stands out as a key player in the Global Peripheral Vascular Devices and Accessories Market, exhibiting considerable strengths in its product offerings and market strategies. The company leverages its robust distribution network and operational excellence to deliver a comprehensive range of products tailored to meet clinical needs. Cardinal Health is recognized for its commitment to quality and innovation, focusing on developing advanced technologies that enhance patient care while ensuring safety and ease of use for healthcare professionals. Additionally, the company’s emphasis on customer relationships and understanding of market dynamics fosters strong collaborations with healthcare providers, enabling it to address specific market demands effectively. This agility in responding to industry trends solidifies Cardinal Health’s position as a leader in the peripheral vascular devices sector.

B. Braun Melsungen also plays a significant role in the Global Peripheral Vascular Devices and Accessories Market, demonstrating a strong commitment to innovation and product development. The company is well-regarded for its extensive portfolio of vascular products, which are designed to improve treatment outcomes while prioritizing patient safety. B. Braun's expertise in manufacturing and research and development helps it to introduce cutting-edge solutions that align with evolving healthcare standards and practices. Moreover, B. Braun places a significant emphasis on sustainability and safety, which appeals to a growing segment of healthcare providers increasingly concerned with both environmental impact and patient welfare. The company’s global presence and dedicated customer support further enhance its competitive edge, ensuring that it remains a preferred supplier in the peripheral vascular devices landscape.

Key Companies in the Peripheral Vascular Devices and Accessories Market Include:

• Cardinal Health


• B. Braun Melsungen


• Merit Medical Systems


• Johnson and Johnson


• Endologix


• Stryker Corporation


• W. L. Gore and Associates


• Philips Healthcare


• Cook Medical


• Asahi Intecc


• Abbott Laboratories


• C.R. Bard


• Boston Scientific


• Medtronic


• Terumo Corporation

Peripheral Vascular Devices and Accessories Market Industry Developments

Recent developments in the Global Peripheral Vascular Devices and Accessories Market have seen significant activities across major companies. Cardinal Health is expanding its product portfolio to enhance its presence in the vascular devices sector, while B. Braun Melsungen has been investing in R&D to innovate new catheter technologies. Merit Medical Systems recently launched advanced imaging technologies to improve procedural outcomes. Johnson & Johnson continues to strengthen its vascular solutions through strategic alliances, and Endologix is focusing on regulatory approvals for novel devices. Stryker Corporation has been actively acquiring smaller firms to diversify its offerings in the peripheral vascular space. W. L. Gore and Associates is enhancing its manufacturing capabilities to meet increasing global demand. Philips Healthcare has made strides in integrating digital solutions with its devices, while Cook Medical is exploring new therapeutic applications. Asahi Intecc has seen positive growth in sales volumes of guidewires. Abbott Laboratories and C.R. Bard have been collaborating on groundbreaking studies to showcase the efficacy of their devices. Boston Scientific and Medtronic have also highlighted an upward trend in market valuation, reflecting a growing demand for advanced peripheral vascular therapies, positively impacting overall market dynamics.

Peripheral Vascular Devices and Accessories Market Segmentation Insights

Peripheral Vascular Devices and Accessories Market Device Type Outlook

• Stents


• Balloon Catheters


• Vascular Grafts


• Embolic Protection Devices


• Inferior Vena Cava Filters

Peripheral Vascular Devices and Accessories Market Procedure Type Outlook

• Angioplasty


• Atherectomy


• Bypass Surgery


• Endovenous Laser Therapy


• Phlebectomy

Peripheral Vascular Devices and Accessories Market End User Outlook

• Hospitals


• Ambulatory Surgical Centers


• Specialty Clinics


• Long-Term Care Centers

Peripheral Vascular Devices and Accessories Market Application Outlook

• Coronary Artery Disease


• Peripheral Artery Disease


• Deep Vein Thrombosis


• Chronic Limb Ischemia

Peripheral Vascular Devices and Accessories Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	6.13(USD Billion)
MARKET SIZE 2024	6.48(USD Billion)
MARKET SIZE 2035	12.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	5.76% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Cardinal Health, B. Braun Melsungen, Merit Medical Systems, Johnson and Johnson, Endologix, Stryker Corporation, W. L. Gore and Associates, Philips Healthcare, Cook Medical, Asahi Intecc, Abbott Laboratories, C.R. Bard, Boston Scientific, Medtronic, Terumo Corporation
SEGMENTS COVERED	Device Type, Procedure Type, End User, Application, Regional
KEY MARKET OPPORTUNITIES	Increasing prevalence of vascular diseases, Growing aging population demanding devices, Advancements in minimally invasive procedures, Rise in healthcare expenditure, Expanding applications of bioengineered materials
KEY MARKET DYNAMICS	Aging population increasing demand, Rising prevalence of vascular diseases, Technological advancements in devices, Growing awareness of preventive care, Favorable reimbursement policies
COUNTRIES COVERED	North America, Europe, APAC, South America, MEA