Peripheral Intervention Drug-Eluting Devices Market Share and New Trends Analysis: By Its Type, Application, End-use and Forecast for period from 2024 to 2031

The "Peripheral Intervention Drug-Eluting Devices Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Peripheral Intervention Drug-Eluting Devices market is expected to grow annually by 10.4% (CAGR 2024 - 2031).

This entire report is of 132 pages.

Peripheral Intervention Drug-Eluting Devices Introduction and its Market Analysis

The Peripheral Intervention Drug-Eluting Devices market research reports highlight a growing market driven by factors such as increasing prevalence of peripheral artery disease and technological advancements in drug-eluting devices. Target market includes hospitals, clinics, and ambulatory surgical centers. Key players like Medtronic, Boston Scientific, and Abbott Laboratories are dominating the market. Other prominent players include Cardinal Health, B. Braun Melsungen, Biosensors International, . Bard, Lubrizol Corporation, and Terumo Corporation. The main findings of the report include market size, trends, competitive landscape, and future opportunities. Recommendations include investing in research and development to create innovative products and expanding market presence through strategic partnerships.

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The Peripheral Intervention Drug-Eluting Devices market is experiencing significant growth, with a focus on Drug-Eluting Balloons and Drug-Eluting Stents. These devices are being used in applications such as Plain Old Balloon Angioplasty (POBA) and Percutaneous Transluminal Angioplasty (PTA) to treat peripheral artery disease. The market is segmented based on these applications, providing targeted solutions for patients.

Regulatory and legal factors play a crucial role in shaping market conditions for these devices. Manufacturers must adhere to strict guidelines set by regulatory bodies to ensure the safety and effectiveness of these products. Changes in regulations can impact market growth and innovation, making it essential for companies to stay informed and compliant with evolving standards.

Overall, the Peripheral Intervention Drug-Eluting Devices market is poised for continued expansion driven by advancements in technology, increasing prevalence of vascular diseases, and growing demand for minimally invasive treatment options. With a focus on regulatory compliance and innovation, companies in this market are well-positioned to meet the needs of patients and healthcare providers.

Top Featured Companies Dominating the Global Peripheral Intervention Drug-Eluting Devices Market

The competitive landscape of the Peripheral Intervention Drug-Eluting Devices Market is highly competitive with key players such as Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Cardinal Health, B. Braun Melsungen AG, Biosensors International Group Ltd., . Bard, Inc., Abbott, The Lubrizol Corporation, and Terumo Corporation. These companies operate in various segments of the market, offering a wide range of drug-eluting devices for peripheral interventions.

Medtronic plc is a leading player in the market, offering a range of drug-eluting stents and balloons for peripheral interventions. Boston Scientific Corporation also offers a variety of drug-eluting devices for peripheral interventions, focusing on innovation and research to provide the best products to patients. Abbott Laboratories is another key player in the market, known for its drug-eluting stents and balloons for peripheral interventions. Cardinal Health, B. Braun Melsungen AG, Biosensors International Group Ltd., C.R. Bard, Inc., Abbott, The Lubrizol Corporation, and Terumo Corporation also play a significant role in the market, offering a variety of drug-eluting devices for peripheral interventions.

These companies use innovative technologies, research, and development to bring advanced drug-eluting devices to the market, catering to the growing demand for minimally invasive procedures in peripheral interventions. They also focus on strategic partnerships, acquisitions, and collaborations to expand their market presence and drive growth in the Peripheral Intervention Drug-Eluting Devices Market.

In terms of sales revenue, Medtronic plc reported a revenue of $30.557 billion in 2020, while Boston Scientific Corporation reported a revenue of $9.853 billion in the same year. Abbott Laboratories reported a revenue of $34.612 billion in 2020, showcasing the significant market share and revenue generated by these key players in the Peripheral Intervention Drug-Eluting Devices Market.

• Medtronic plc
• Boston Scientific Corporation
• Abbott Laboratories
• Cardinal Health
• B. Braun Melsungen AG
• Biosensors International Group Ltd.
• C.R. Bard, Inc.
• Abbott
• The Lubrizol Corporation
• Terumo Corporation

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Peripheral Intervention Drug-Eluting Devices Market Analysis, by Type:

• Drug-Eluting Balloons
• Drug-Eluting Stents

Peripheral Intervention Drug-Eluting Devices include Drug-Eluting Balloons and Drug-Eluting Stents. Drug-Eluting Balloons are coated with medication that is released during inflation, reducing the risk of restenosis. Drug-Eluting Stents are coated with medication that prevents the growth of scar tissue inside the blood vessel. These devices have shown improved patient outcomes and reduced the need for repeat procedures. The effectiveness and safety of these devices have boosted the demand for Peripheral Intervention Drug-Eluting Devices, as they offer a less invasive and more efficient treatment option for peripheral artery disease and other vascular conditions.

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Peripheral Intervention Drug-Eluting Devices Market Analysis, by Application:

• Plain Old Balloon Angioplasty (POBA)
• Percutaneous Transluminal Angioplasty (PTA)

Peripheral Intervention Drug-Eluting Devices are used in the application of Plain Old Balloon Angioplasty (POBA) and Percutaneous Transluminal Angioplasty (PTA) to treat peripheral arterial disease. These devices are coated with medication to prevent restenosis and improve long-term outcomes. The fastest growing application segment in terms of revenue is drug-eluting stents, which are used in conjunction with POBA and PTA to keep the artery open and reduce the risk of re-narrowing. Overall, these devices offer a minimally invasive and effective treatment option for patients with peripheral arterial disease.

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Peripheral Intervention Drug-Eluting Devices Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Peripheral Intervention Drug-Eluting Devices market is expected to show significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE). In terms of market dominance and market share valuation, the regions that are expected to dominate the market include North America and Europe, with a combined market share percentage of around 50%. The Asia-Pacific region is also expected to have a significant market share of approximately 30%.

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