(PharmaNewsWire.Com, August 04, 2017 ) According to the report North America Peripheral Vascular Devices Market, published by Market Data Forecast, the North America market is projected to reach USD 4284.61 million by 2021, at a CAGR of 7.10% from 2016 to 2021.
The diminishing incidences of coronary angioplasties and the expanding intervention techniques have affected the surgical equipment market mainly in North America. The risk of restenosis in angioplasty procedures energizes the selection of novel advancements to limit post-surgical complications. Among different surgical devices, bio absorbable stents were observed to be a major breakthrough in the market. The bio absorbable stents market is relied upon to witness a huge CAGR of 62.2% during the forecast period. The achievement accomplished during the progressing studies is additionally expected to spur the market adoption. Better diagnosis of vascular health when compared with conventional guiding catheters is reason behind the critical market development. In the market, retrievable inferior vena cava filter (IVC) possesses a remarkable market space as it turns into the best quality level for the treatment of DVT/PE in North America.
North America Peripheral Vascular Devices Market: Drivers & Restraints Growth in the value of the U.S. market for peripheral vascular devices is being driven by the aging U.S. population, improving public awareness of peripheral arterial disease (PAD) and improvements in medical device technology. The transcatheter embolization device market is expected to be the fastest growing segment, increasing at a CAGR in the mid-to-high teens over the forecast period. The strong growth in this market will be a result of the increase in usage of radiolabeled and drug-eluting beads as well as the increasing penetration rate of detachable embolization coils.
North America Peripheral Vascular Devices Market: Segmentation Product type o Normal balloon o Cutting balloon o Scoring balloon o Drug coated balloon Material Used o Non-Compliant Balloons o Semi-Compliant Balloons Y-o-Y Growth Analysis, By Angioplasty Balloons Market Attractiveness Analysis, By Angioplasty Balloons Market Share Analysis, By Angioplasty Balloons
By Stents Introduction Ballon expandable stent Self expandable stents Covered stents Y-o-Y Growth Analysis, By Stents Market Attractiveness Analysis, By Stents Market Share Analysis, By Stents
North America Peripheral Vascular Devices Market: Overview Also, diminished risk of long term post-surgical complication, which is regular with changeless IVC channels, is expected to ensure a CAGR of 14.8% during the forecast time period.
In addition, normal waiting time for availing heart care is horrifying in Canada; such variable is expected to fuel the adoption of advanced minimally Obstructive strategies in Canada in the coming years. In addition to the next-generation stent, progressed diagnostic catheters, for example, optical intelligence tomography (OCT) and intravascular ultrasound (IVUS) catheters are required to develop at a faster pace in the coming years. North America Peripheral Vascular Devices Market: Region-wise Outlook On the basis of geography, the North America market is analysed under various regions namely U.S and Canada. The Canadian market still needs sufficient number of cardiac facilities and skilled interventionists.
Key Questions Answered What will be the market growth till 2021 and what will be the resultant market forecast in the year?
What was the market size from 2016 to 2021?
What is the current and future Peripheral Vascular Devices Market outlook in North America?
What trends are affecting the North America market?
What is the competitive landscape and market share of major players in the Peripheral Vascular Devices space in North America? What are the key, high growth markets that Peripheral Vascular Devices manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Peripheral Vascular Devices currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Peripheral Vascular Devices?
What are the challenges and barriers that have hindered widespread adoption of Peripheral Vascular Devices?
North America Peripheral Vascular Devices Market: Key Players The eminent players of this market incorporate Abbott Laboratories (U.S.), Cordis Corporation (U.S.), Medtronic, Inc. (U.S.), Boston Scientific Corporation (U.S.), and Covidien, Inc. (U.S.).
Reasons to buy North America Peripheral Vascular Devices Market Report: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com
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