Peripheral Vascular Devices Market has witnessed multiple strategic acquisitions in the recent years. Top companies in the peripheral vascular devices market strategically acquired mid-sized companies to broaden products and services. In January 2015, Medtronic acquired Covidien Plc for $49.9 Billion in cash. This deal gives Medtronic the Covidiens portfolio of cardiac and vascular devices, hospital supplies from surgical staplers to ventilators, adding size and scope to help it compete with leading medical device companies in the market. In September 2014, Boston Scientific Corporation purchased the Interventional business of Bayer AG at a cash deal of $415 million. This deal furthers Boston Scientifics strategy to provide a comprehensive portfolio of products in the treatment of peripheral vascular diseases.
Peripheral Vascular Devices Market Global Briefing 2017 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global peripheral vascular devices market.
Peripheral vascular devices market comprises of a class of medical devices that are used to treat peripheral vascular diseases. These are slow, and progressive blood circulation disorders caused by blockages, narrowing or spasms in blood vessels outside the heart and brain including arteries and veins. Peripheral vascular devices are classified into angioplasty balloon catheters, stents, embolic protection devices, vascular closure devices, aortic stent grafts, inferior vena cava filters, PTA guidewires, synthetic surgical grafts, peripheral vascular accessory devices, PTA balloons and chronic total occlusion devices.
The global peripheral vascular devices market was estimated to be around $4.2 billion as of 2016. The global peripheral vascular devices made up around 6% of the overall cardiovascular devices market in 2016. The peripheral vascular devices market was the fifth largest market in the global cardiovascular devices market in 2016.
Strategic Acquisitions – The market has witnessed multiple strategic acquisitions in the recent years. Top companies in the peripheral vascular devices market strategically acquired mid-sized companies to broaden products and services. In January 2015, Medtronic acquired Covidien Plc for $49.9 Billion in cash. This deal gives Medtronic the Covidiens portfolio of cardiac and vascular devices, hospital supplies from surgical staplers to ventilators, adding size and scope to help it compete with leading medical device companies in the market. In September 2014, Boston Scientific Corporation purchased the Interventional business of Bayer AG at a cash deal of $415 million. This deal furthers Boston Scientifics strategy to provide a comprehensive portfolio of products in the treatment of peripheral vascular diseases.
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Growing Demand For Transcatheter Embolization Device Segment:
Transcatheter embolization device segment is the fastest growing segment in the peripheral vascular devices market due to its increase in treatment applications for peripheral vascular diseases. Transcatheter embolization devices including detachable embolization coils are widely used for the treatment of peripheral vascular diseases. In addition to this, increase in usage of radiolabeled and drug-eluting beads will boost the market during the forecast period.
Products Mentioned/Markets Covered: Angioplasty Balloon Catheters, Stents, Embolic Protection Devices, Vascular Closure Devices, Aortic Stent Grafts, Inferior Vena Cava Filters, Pta Guidewires, Synthetic Surgical Grafts, Peripheral Vascular Accessory Devices, Pta Balloons And Chronic Total Occlusion Devices.
Companies Mentioned: Medtronic plc, Boston Scientific, W.L. Gore, Cook Medical, Cardinal Health
Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia.
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa
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The Peripheral Vascular Devices Market Global Briefing Report from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The peripheral vascular devices market is one of the segments in the cardiovascular devices market, within the medical equipment market.
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