Indian Peripheral Vascular Devices Market Analysis


  • Type: Common Disease Area
  • Published : April 2021
  • Region: Asia
  • Country: India
  • Report ID : 1421

  • Format: PPT, PDF

Indian Peripheral Vascular Devices Market: By Type (Peripheral Stents Grafts, Angioplasty Catheters, Peripheral Guidewires, Vena Cava Filters, Embolic Projection Devices, PTA Balloons, Peripheral Venous Thrombectomy Device) – Growth, Trends, and Forecasts (2019 – 2028)

SKU: 1421 Categories: ,

Report Overview

Indian Peripheral Vascular Disease Device Market size stood at around USD XX Billion in 2019 and is projected to reach USD XX Billion by 2028, exhibiting a CAGR of XX% during the forecast period (2019-2028).

Peripheral vascular disease (PVD) is narrowing of arteries outside brain and heart. Risk factors for the growth of PVD include, hypertension, obesity, diabetes, and smoking. Peripheral vascular devices are used for the treatment of these blocked arteries and remove the buildup plaque. Peripheral vascular stents, peripheral transluminal angioplasty balloon catheter and aortic stents are the mostly used devices for the treatment of PVD. It comprises diseases pertaining to both peripheral veins and peripheral arteries, affecting the peripheral and cardiac circulation in the body. Peripheral vascular devices market includes IVC filters, angiography catheters, EVAR stent-grafts, hemodynamic flow alteration, and plague modification devices are used for treating peripheral arterial or coronary arterial disease and also used in the peripheral endovascular and coronary procedure. These devices are used to decrease the interference of patients with a minimum disturbance during the surgical procedure.

Market Drivers

The increasing prevalence of peripheral vascular diseases associated with obesity, diabetes, and hypertension; growing geriatric population; increasing demand for minimally invasive treatment options; and increasing prevalence of disease-causing lifestyles are the major factors driving the growth of this market. Therefore, as per the statistics have revealed, the number of peripheral arterial disease is rising at a quicker pace, which is gradually driving the peripheral vascular devices market. Other factors like the growing demand for minimally-invasive surgeries for peripheral arterial disease, in particular, technological advancements have expanded the market size.

1. Indian Peripheral Vascular Device Market Overview……………………………….
A. Market Size
2. Market Growth Drivers…………………………………………………………………
A. Rising Demand for Minimally-Invasive Procedures
B. Lifestyle Changes
C. Increase in Aging Population
3. Major Types of Peripheral Vascular Device……………………………………….
A. Functional PVD
B. Organic PVD
4. Peripheral Vascular Device Market Segmentation………………………………..
A. By Type
I. Peripheral Stents Grafts
II. Angioplasty Catheters
III. Peripheral Guidewires
IV. Vena Cava Filters
V. Embolic Projection Devices
VI. PTA Balloons
VII. Peripheral Venous Thrombectomy Device
5. Peripheral Vascular Device Major Products Market Share…………………
A. Key Findings
B. Market Analysis, Insights and Forecast – By Drug Type
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………..
A. Medtronic Plc. Company overview, Product & Services, Strategies & Financials
B. Abbott Laboratories Company overview, Product & Services, Strategies & Financials
C. Bayer AG Company, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape……………………………….
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth……………………………………………………
A. New Trends and Development of Peripheral Vascular Device market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Type:

Based on type, the peripheral vascular devices market is bifurcated into embolic projection devices, peripheral guidewires, peripheral stents grafts, peripheral venous thrombectomy device, vena cava filters, angioplasty catheters and PTA balloons. Peripheral vascular stents graft accounts for the largest market share. Angioplasty catheter segment is predicted to showcase substantial growth over the forecast period.

Major Players

The Indian market is anticipated to proliferate during the forecast period owing to the increasing prevalence of peripheral vascular diseases. Manufacturers of peripheral vascular devices are slowly adopting integral developmental strategies to create innovative devices. Many clinical trials are currently in progress to increase device efficacy and safety. Major players operating in the Indian peripheral vascular devices market include, Abbott Laboratories, Boston Scientific Corporation, Edward Lifesciences Corporation, Medtronic Plc, St. Jude Medical, and Bayer AG. Medtronic accounted for the largest share of the peripheral vascular devices market in 2019. The company mainly focuses on product approvals and launches to strengthen its position in the peripheral vascular devices market.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

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We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

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  • Market Segment based analysis to obtain revenue / volume
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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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