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Global Peripheral Vascular Devices - Market Growth Analysis, 2009-2015 Product Image

Global Peripheral Vascular Devices - Market Growth Analysis, 2009-2015

  • Published: April 2013
  • Region: Global
  • 722 Pages
  • Axis Research Mind

The broad ‘health care' division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. The evolution of cardiac devices has opened new vistas in the health care industry. Growth rate exhibited by the cardiac devices industry, even during the recession years, confirms the positive growth prospects going ahead.

Global peripheral vascular devices sector forecasts to reach at US$5.5 billion by 2015 at a CAGR of 9.7% during the analysis period 2009-2015. The North American segment accounts for nearly 40% of the global value while Europe claims more than 25% of the market. Asia-Pacific is the fastest growing region with a CAGR of 11.6% driving a market value of US$1.4 billion by 2015.

On a global scale, peripheral vascular stents accounts for approximately 34% while PTA Balloon catheters and Aortic Stent Graft claim second and third largest portions, respectively. Projections for retrievable IVC filter segment indicate a close to 60% of the IVC segment by 2015 leaving permanent type depicts the remaining 40%. Forecasts for balloon occlusion devices market value indicate nearly 45% of the EPD market by READ MORE >

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