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Peripheral Vascular Devices Market is Expected to Reach USD 7.8 Billion Globally in 2018: Transparency Market Research
Date:5/2/2013

ALBANY, New York, May 2, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Peripheral Vascular Devices Market (Peripheral Vascular Stents, PTA Balloon Catheters, Guidewires, IVC Filters, Atherectomy, Chronic Total Occlusion, Embolic Protection Devices, Synthetic Surgical Grafts, Aortic Stents) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global peripheral vascular devices market was valued at USD 4.8 billion in 2011 and is estimated to reach a market worth USD 7.8 billion in 2018 at a CAGR of 7.1% from 2012 to 2018.

Browse the full report at http://www.transparencymarketresearch.com/peripheral-vascular-devices-market.html

The growth of the peripheral vascular devices market is driven by factors such as rising incidence of peripheral vascular diseases, increasing minimally invasive procedures and the aging population. The Asia-Pacific region offers future growth prospects to the peripheral vascular devices industry owing to vast unmet medical needs and rising disposable income of patients.

Geographically, the North American peripheral vascular devices market held majority of the market share of approximately 41% in 2011 owing to its developed economy. However, due to rise in aging population and increase in number of peripheral and lower limb procedures, the demand for peripheral vascular devices is expected to increase in the coming years. Emerging countries such as India, China and other Latin American countries will see a healthy growth in the study period. Economic growth and improvements in healthcare facilities in emerging economies
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