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Peripheral Interventions Market drivers of growth analyzed in a new research report

Peripheral Interventions Market Size By Product (Catheters, Sheath, Stents {Bare Metal Stents, Drug-eluting Stents}, Guide Wires, Atherectomy Devices

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Peripheral Interventions Market drivers of growth analyzed in a new research report

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  1. Peripheral Interventions Market outlook with industry review and forecasts Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Peripheral Interventions Market : • Increasing geriatric population susceptible to cardiovascular diseases will influence peripheral interventions market trends globally, owing to the associated need for vascular intervention surgeries. Cardiovascular diseases in elderly as well as young population is a result of increased consumption of carbohydrate-rich food, smoking, sedentary lifestyle, which is leading to excess weight and complex medical health conditions such as diabetes and hypertension. • Rising awareness amongst population pertaining to advanced surgeries as well as widespread adoption of technological advanced products in healthcare facilities including, polytetrafluroethylene, catheter and pro-slit covered tip technologies during surgical procedures will escalate the demand for peripheral intervention devices.

  3. Continued... • Technological advancements in the devices has prompted their adoption in surgeries for ease in use and to provide better treatment for heart patients. Growing adoption of minimally or non-invasive procedures is further influencing masses to undergo surgeries. Expanding geriatric patient pool and rising incidence of chronic disorders will undoubtedly offer lucrative growth for peripheral interventions market size, which is projected to record over USD 11.5 billion in annual revenues by 2026. • Guidewires are experiencing heavy demand on account of technical breakthroughs in affordability, accessibility, flexibility along with minimal deformity rate. This is leading to increased usage of guidewires in interventional procedures. Technological advancements in guidewires through innovation along with its ease of use will augment product demand in the coming years. Guidewires market is expected to exhibit a CAGR of 8.6% over the analysis period.

  4. Continued... • Peripheral artery disease is one of the major causes for death, which affects over 200 million people every year, globally. Expanding geriatric population base has also contributed to rising incidences of peripheral artery diseases. The higher burden of cardiovascular disorders will bolster the requirement for peripheral interventions devices. Vascular diseases segment in the industry is poised to grow at 8.8% during the projected timeframe due to growing prevalence of such disorders. • In 2019, ambulatory surgical centers segment accounted for over USD 250 million of the total share, which is likely to grow significantly in the coming years. Preference for ambulatory surgical centers among patients is increasing as they offer various benefits of multi-functionality and are equipped with advanced devices for peripheral interventions. In addition, rising investments by governments to develop sophisticated infrastructure will attract more patients, fueling the demand for interventional devices in the ASCs.

  5. Continued... • According to the European Heart Network estimates, about 3.9 million people die due to cardiovascular diseases, annually. In 2015, around 6.1 million new cardiovascular disease cases were registered in the European Union and approximately 11.3 million cases in the entire Europe. Rising expenditure on CVD treatment along with presence of sophisticated healthcare infrastructure across the region may bolster demand for the products. In 2019, Europe peripheral interventions market accounted for 27% of the overall industry share and is likely to showcase momentous growth over the projected timeframe. • Prominent players operating in the global peripheral interventions market are DePuy Synthes, Cardinal Health, Abbott laboratories, C.R. Bard and Medtronic, among other players. These companies are adopting various organic and inorganic strategies such as partnerships, collaborations and product innovations, to gain competitive edge over other manufacturers and to expand product portfolio. For instance, Abbott had launched advanced mapping catheter in 2019 for supplementing its product line.

  6. Browse Full Market Research Report On Peripheral Interventions Market @ https://bit.ly/2VK0a2F Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2915

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