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Global Peripheral Vascular Devices Market By Product Growth, Industry Trends, Outlook By 2020

Grand View Research has announced the addition of "Global Peripheral Vascular Devices Market Analysis And Segment Forecasts To 2020" Market Research report to their Database

 
PRLog - Sep. 2, 2014 - SAN FRANCISCO -- The global market for peripheral vascular devices is expected to reach USD 8,918.8 million by 2020, growing at an estimated CAGR of 7.2% from 2014 to 2020, according to a new study by Grand View Research, Inc. Peripheral vascular devices such as IVC filters, angiography catheters and plague modification devices are used for treating peripheral arterial or coronary arterial diseases caused due to the formation of atherosclerotic plaques in arteries. These devices are used to decrease the interference of patients with minimum disturbance during the surgical procedure.

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Increasing global geriatric population base triggering incidence rates of target diseases, extensive presence of both private and public external funding programs, changing lifestyle and eating habits are expected to be key driving factors for this market over the next six years. In addition, presence of untapped growth opportunities in emerging markets such as India, Brazil and China and increasing health awareness are also expected to serve this market as future growth opportunities.

View Complete Report with TOC @  http://www.grandviewresearch.com/industry-analysis/periph...

Further key findings from the study suggest:
• Peripheral vascular stents dominated the peripheral vascular devices market in terms of share at over 30.8% in 2013; driven by increasing demand for drug eluting and bio-absorbable stents. Moreover, the ability of these devices to significantly reduce re-stenosis rates is expected to boost product demand.
• Embolic protection devices market is expected to grow at the fastest CAGR of 9.2% during the forecast period; owing to increasing demand for minimally invasive endovascular surgical method for removing atherosclerosis from large blood vessels.
• North America was the largest regional market in 2013, accounting for 40.3% of the global revenue. Presence of sophisticated healthcare infrastructure, high patient awareness levels, healthcare expenditure and high R&D pertaining to drug discovery and development are some of the factors accounting for its large share.
• Asia Pacific peripheral vascular devices market is expected to grow at the fastest CAGR of 10.0% from 2014 to 2020; primarily owing to the wide presence of unmet medical needs coupled with rapidly improving healthcare infrastructure in emerging markets of India and China.
• Key industry participants of this market include Abbott Laboratories, Angioscore Inc., Edward Lifesciences Corporation, Medtronic Inc., St. Jude Medical, Teleflex Medical, Volcano Corporation, Boston Scientific Corporation, Teleflex Medical, Cook Group Inc., Cordis Corporation, Covidien, W.L.Gore and Associates Ltd. and Angioscore Ltd.

For the purpose of this study, Grand View Research has segmented the peripheral vascular devices market on the basis of product and region:

   • Peripheral Vascular Devices Product Outlook
         • Peripheral Vascular Stents
         • Peripheral Transluminal Angioplasty Balloon Catheters
         • PTA Guidewires
         • Atherectomy Devices
         • Chronic Total Occlusion Devices
         • Aortic Stents
         • Synthetic Surgical Grafts
         • Embolic Protection Devices
         • Inferior Vena Cava Filters
   • Peripheral Vascular Devices Regional Outlook
         • North America
         • Europe
         • Asia Pacific
         • RoW

Browse all Market Research Report @ http://www.grandviewresearch.com/

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone:
1-415-349-0058
Email: sales@grandviewresearch.com

Contact
Sherry James
***@grandviewresearch.com

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Source:Grand View Research
Location:San Francisco - California - United States
Industry:Research
Tags:market research, peripheral vascular devices, Technology
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