Asia-Pacific Peripheral Vascular Devices Market 2021-2028

MARKET OUTLOOK

Research shows that the Asia-Pacific peripheral vascular devices market to progress with a CAGR of 12.46% in revenue over the estimated duration of 2021-2028. India, China, Japan, South Korea, Australia & New Zealand, ASEAN countries, and Rest of APAC together shape the market in this region.
An article published in 2019 estimated that nearly 30 million people in India suffered from peripheral vascular diseases. Further, the average cost of peripheral surgery, worldwide, is estimated to be nearly $7000. Whereas, in India, the cost of vascular surgery ranges from INR 10,000 to INR 300,000, depending on the complexity. Owing to this, the medical tourism industry has boomed in the country. The high prevalence of peripheral vascular disease and the growing medical tourism in India are enhancing the demand for peripheral vascular devices. This is contributing to the Indian market's growth.

On the other hand, the elderly population in South Korea is rising rapidly. Older adults constitute 15% of the South Korean population. Moreover, by 2050, one-third of the country's total population is forecasted to be aged 65 years or above. Age is an important risk factor for PVD. Therefore, the growing elderly population is expected to enhance the prevalence of PVD. This, in turn, will lead to an increased demand for peripheral vascular devices, and propel the South Korean market's growth in a positive direction.

COMPETITIVE OUTLOOK

Some of the companies having their presence in the peripheral vascular devices market are Medtronic Plc, Terumo Interventional Systems Inc, Cook Group, Endologix, Edwards Lifesciences Corporation, and Teleflex Medical.

1. Asia-Pacific Peripheral Vascular Devices Market - Summary

2. Industry Outlook

2.1. Key Insights
2.1.1. Surge in the Adoption of Vascular Procedures
2.1.2. Product Recalls Owing to Safety Concerns
2.2. Impact of COVID-19 on the Peripheral Vascular Devices Market
2.3. Porters Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Merger & Acquisitions
2.6.2. Product Launch & Developments
2.6.3. Partnership, Contract/Agreement & Collaboration
2.6.4. Business Expansion
2.7. Market Drivers
2.7.1. Minimally-Invasive Procedures for Peripheral Arterial Disease
2.7.2. Proliferating Incidence of Peripheral Arterial Disease
2.7.3. Changing Lifestyle and Rapid Growth in Aging Population
2.7.4. Continuous Technological Advancements
2.8. Market Restraints
2.8.1. Stringent Regulatory Process
2.8.2. Lack of Proper Reimbursement Policies for Peripheral Vascular Devices
2.8.3. Intense Competition
2.9. Market Opportunities
2.9.1. Awareness Among Patients About Treatment Options
2.9.2. Market Potential in Developing Countries

3. Asia-Pacific Peripheral Vascular Devices Market Outlook – by Device Type

3.1. Peripheral Vascular Stents
3.1.1. Self-Expanding Peripheral Vascular Stents
3.1.2. Balloon-Expanding Peripheral Vascular Stents
3.1.3. Drug-Eluting Peripheral Vascular Stents
3.1.4. Covered Stents
3.2. Percutaneous Transluminal Angioplasty (Pta) Balloon Catheters
3.2.1. Standard Pta Balloon Catheter
3.2.2. High-Pressure Pta Balloon Catheter
3.2.3. Large Pta Balloon Catheter
3.2.4. Small Pta Balloon Catheter
3.2.5. Specialty Pta Balloon Catheter
3.2.6. Drug-Coated Pta Balloon Catheter
3.3. Percutaneous Transluminal Angioplasty (Pta) Guidewires
3.4. Atherectomy Devices
3.5. Embolic Protection Devices
3.6. Inferior Vena Cava Filters
3.7. Other Device Types

4. Asia-Pacific Peripheral Vascular Devices Market – Regional Outlook

4.1. China
4.2. Japan
4.3. India
4.4. South Korea
4.5. Asean Countries
4.6. Australia & New Zealand
4.7. Rest of Asia-Pacific

5. Competitive Landscape

5.1. Abbott Laboratories
5.2. Angioscore Inc (Spectranetics Corporation)
5.3. Boston Scientific Corporation
5.4. Becton Dickinson and Company
5.5. Cook Group
5.6. Cardinal Health Inc (Cordis)
5.7. Edwards Lifesciences Corporation
5.8. Endologix
5.9. Koninklijke Philips Nv
5.10. Medtronic plc
5.11. Teleflex Medical
5.12. Terumo Interventional Systems Inc

6. Methodology & Scope

6.1. Research Scope & Deliverables
6.2. Sources of Data
6.3. Research Methodology

List of Tables

Table 1: Asia-Pacific Peripheral Vascular Devices Market, Country Outlook, 2021-2028 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: List of Merger & Acquisitions
Table 5: List of Product Launch & Developments
Table 6: List of Partnership, Contract/Agreement & Collaboration
Table 7: List of Business Expansion
Table 8: Asia-Pacific Peripheral Vascular Devices Market, by Device Type, 2021-2028 (In $ Million)
Table 9: Asia-Pacific Peripheral Vascular Devices Market, by Peripheral Vascular Stents, 2021-2028 (In $ Million)
Table 10: Asia-Pacific Peripheral Vascular Devices Market, by Percutaneous Transluminal Angioplasty (Pta) Balloon Catheters, 2021-2028 (In $ Million)
Table 11: Asia-Pacific Peripheral Vascular Devices Market, by Country, 2021-2028 (In $ Million)

List of Figures

Figure 1: Porter's Five Forces Analysis
Figure 2: Asia-Pacific Peripheral Vascular Devices Market, by Device Type, 2020 & 2028
Figure 3: Asia-Pacific Peripheral Vascular Devices Market, by Peripheral Vascular Stents, 2021-2028 (In $ Million)
Figure 4: Asia-Pacific Peripheral Vascular Devices Market, by Peripheral Vascular Stents, 2020 & 2028
Figure 5: Asia-Pacific Peripheral Vascular Devices Market, by Self-Expanding Peripheral Vascular Stents, 2021-2028 (In $ Million)
Figure 6: Asia-Pacific Peripheral Vascular Devices Market, by Balloon-Expanding Peripheral Vascular Stents, 2021-2028 (In $ Million)
Figure 7: Asia-Pacific Peripheral Vascular Devices Market, by Drug-Eluting Peripheral Vascular Stents, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Peripheral Vascular Devices Market, by Covered Stent, 2021-2028 (In $ Million)
Figure 9: Asia-Pacific Peripheral Vascular Devices Market, by Percutaneous Transluminal Angioplasty (Pta) Balloon Catheters, 2021-2028 (In $ Million)
Figure 10: Asia-Pacific Peripheral Vascular Devices Market, by Percutaneous Transluminal Angioplasty (Pta) Balloon Catheters, 2020 & 2028
Figure 11: Asia-Pacific Peripheral Vascular Devices Market, by Standard Pta Balloon Catheter, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Peripheral Vascular Devices Market, by High-Pressure Pta Balloon Catheter, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Peripheral Vascular Devices Market, by Large Pta Balloon Catheter, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Peripheral Vascular Devices Market, by Small Pta Balloon Catheter, 2021-2028 (In $ Million)
Figure 15: Asia-Pacific Peripheral Vascular Devices Market, by Specialty Pta Balloon Catheter, 2021-2028 (In $ Million)
Figure 16: Asia-Pacific Peripheral Vascular Devices Market, by Drug-Coated Pta Balloon Catheter, 2021-2028 (In $ Million)
Figure 17: Asia-Pacific Peripheral Vascular Devices Market, by Percutaneous Transluminal Angioplasty (Pta) Guidewires, 2021-2028 (In $ Million)
Figure 18: Asia-Pacific Peripheral Vascular Devices Market, by Atherectomy Devices, 2021-2028 (In $ Million)
Figure 19: Asia-Pacific Peripheral Vascular Devices Market, by Embolic Protection Devices, 2021-2028 (In $ Million)
Figure 20: Asia-Pacific Peripheral Vascular Devices Market, by Inferior Vena Cava Filters, 2021-2028 (In $ Million)
Figure 21: Asia-Pacific Peripheral Vascular Devices Market, by Other Device Types, 2021-2028 (In $ Million)
Figure 22: Asia-Pacific Peripheral Vascular Devices Market, Regional Outlook, 2019 & 2028 (In %)
Figure 23: China Peripheral Vascular Devices Market 2021-2028 (In $ Million)
Figure 24: Japan Peripheral Vascular Devices Market 2021-2028 (In $ Million)
Figure 25: India Peripheral Vascular Devices Market 2021-2028 (In $ Million)
Figure 26: South Korea Peripheral Vascular Devices Market 2021-2028 (In $ Million)
Figure 27: Asean Countries Peripheral Vascular Devices Market 2021-2028 (In $ Million)
Figure 28: Australia & New Zealand Peripheral Vascular Devices Market 2021-2028 (In $ Million)
Figure 29: Rest of Asia-Pacific Peripheral Vascular Devices Market 2021-2028 (In $ Million)