InsightAce Analytic Pvt. Ltd. announces the release of market assessment report on “Global Peripheral Vascular Devices Market Assessment – Revenue (US$ Mn) and Volume (No. of Units) Forecast Till 2031”
Peripheral vascular devices are segmented in to multiple device types that include peripheral vascular stents, synthetic surgical grafts, PTA guidewires, embolic protection devices peripheral transluminal angioplasty balloon catheters, aortic stents, chronic total occlusion devices, atherectomy devices, and inferior vena cava filters. With the increase in incidence rate of peripheral artery disease (PAD) the demand for peripheral vascular devices would also increase. In PAD arteries in the body harden, it occurs when the cholesterol levels in the body build-up causing the arteries to restrict the blood flow. Aging population is more prone to such kind of diseases, as it is estimated that globally around 20% of the total population above the age of 65 years are affected by PAD.
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Above mentioned devices are used for the treatment of PAD, thus, with the increase in factors such as aging population, increasing number of minimally invasive surgeries, changing lifestyle and increasing awareness would boost the demand for peripheral vascular devices as well. Rapid increase in aging population globally and surge in high risk factors such as diabetes and smoking contributes to the increase in incidence rate of peripheral vascular disease which would encourage the demand for these devices. The number of surgeons treating PVD is increasing since the last decade especially in developed countries such as U.S. and Europe. Technological advancements in devices such as tracking the position and drug coated stents, more number of minimally invasive procedures performed are the factors responsible for the growth of increasing peripheral vascular surgeries. With the increasing number of specialist to treat the impact would also increase on the market, hence it would have a high impact on the market growth during the forecast period.
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Why should buy this report:
To receive a comprehensive analysis of the prospects for global peripheral vascular devices market
To receive industry overview and future trends peripheral vascular devices market
To analyze the peripheral vascular devices market drivers and challenges
To get information on peripheral vascular devices market size value and volume forecast
Major Mergers & Acquisition in peripheral vascular devices industry.
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