ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research (TMR) has published a new market study based on the global peripheral vascular devices market, estimating the overall value of the market to reach US$7.8 billion by 2018, expanding at a CAGR of 7.1% during the period from 2012 to 2018. It also states that the global market for peripheral vascular devices stood at US$4.8 billion in 2011.
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According to the research report, titled “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”, rapid increase in the global geriatric population, rising prevalence of peripheral vascular diseases (PVD), and growing demand for specialists for the treatment of PVD are boosting the global peripheral vascular devices market.
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Further, the report discusses the challenges that the market faces, such as the contaminations occurring after peripheral vascular implantations and the strict regulatory procedures to be followed for the approval of the devices.
The report analyses the global peripheral vascular devices market on two fronts: Products and regional markets.
Press Release: http://www.transparencymarketresearch.com/pressrelease/peripheral-vascular-devices-market.htm
Based on product type, the embolic protection devices market is exhibiting a significant development and is expected to register the fastest growth rate in the global peripheral vascular devices market during the forecast period.
Article: http://www.transparencymarketresearch.com/article/peripheral-vascular-devices-market.htm
Regionally, the market in North America dominates the global peripheral vascular devices market. However, the market in Asia Pacific is expected to report the fastest growth during the forecast period, backed by supportive economic conditions.
According to the report, the worldwide market for peripheral vascular devices is consolidated in nature and is controlled by the three top players: Cordis Corp., Abbott Laboratories, and Boston Scientific Corp.
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About TMR
Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
