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Peripheral Vascular Devices Market - New Market Research Report Published by Transparency Market Research
Date:5/10/2013

Albany, New York (PRWEB) May 10, 2013

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.

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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.

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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 is expected to boost the demand in these regions. However, with a double digit growth rate, the Asia-Pacific region will emerge as the fastest growing market due to the rapidly growing population, growing economies, increasing awareness and rising disposable incomes.

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