Worldwide Cardiology & Peripheral Vascular Devices Industry Size: Insights, Growth Trends and Forecast

Report ID : 1301286 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel

The market size of the Cardiology & Peripheral Vascular Devices Industry is categorized based on Cardiovascular Devices (Coronary Stents, Balloon Catheters, Cardiac Pacemakers, Implantable Cardioverter Defibrillators (ICDs), Heart Valve Devices) and Peripheral Vascular Devices (Angioplasty Balloons, Stents, Atherectomy Devices, Peripheral Catheters, Vascular Grafts) and Electrophysiology Devices (Electrophysiology Mapping Systems, Ablation Devices, Cardiac Monitors, Catheters, Implantable Loop Recorders) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

In 2023, the size of the Cardiology & Peripheral Vascular Devices Industry was valued at $45 billion and is anticipated to reach $80 billion by 2033, expanding at a 6.0% CAGR between 2024 and 2033. The report encompasses multiple segments and provides an analysis of significant trends and factors impacting the market.

The Cardiology and Peripheral Vascular Devices Market is at the forefront of the continuous change in the cardiovascular health ecosystem. The increase in the number of cases of people suffering from cardiovascular conditions globally due to factors like growing populations, sedentary living, the higher prevalence of obesity, and age is putting pressure on advanced medical systems. This market includes a variety of products such as stents, catheters, and other innovative medical devices intended to effectively diagnose, treat, and manage cardiovascular and peripheral vascular disorders.  

The emergence of new technology in recent years has transformed the field, making it possible to perform procedures with minimal invasiveness which greatly improves patient results and recovery time. Providers focusing on improving the quality of care while managing cap is driving the attention towards innovative cardiology and vascular devices. Also, the application of digital health components and telemedicine to cardiovascular treatment brings added value for market development because of the possibility to provide immediate genic monitoring and treatment customization to the patients in real-time.

Through our in-depth market research reports, we analyze the intricacies of the Cardiology and Peripheral Vascular Devices Market and extract important trends, competitive analytics, and new opportunities. Understanding this complex market enables stakeholders to make innovative and patient-centric decisions in the field of cardiovascular health.

 

ATTRIBUTES	DETAILS
STUDY PERIOD	2023-2033
BASE YEAR	2023
FORECAST PERIOD	2024-2033
HISTORICAL PERIOD	2023-2024
UNIT	VALUE (USD BILLION)
KEY COMPANIES PROFILED	Medtronic, Abbott Laboratories, Boston Scientific, Johnson & Johnson, B. Braun Melsungen AG, Stryker Corporation, Edwards Lifesciences Corporation, Terumo Corporation, Philips Healthcare, Siemens Healthineers, Cardinal Health
SEGMENTS COVERED	By Cardiovascular Devices - Coronary Stents, Balloon Catheters, Cardiac Pacemakers, Implantable Cardioverter Defibrillators (ICDs), Heart Valve Devices By Peripheral Vascular Devices - Angioplasty Balloons, Stents, Atherectomy Devices, Peripheral Catheters, Vascular Grafts By Electrophysiology Devices - Electrophysiology Mapping Systems, Ablation Devices, Cardiac Monitors, Catheters, Implantable Loop Recorders By Geography - North America, Europe, APAC, Middle East Asia & Rest of World.

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Cardiology & Peripheral Vascular Devices Industry Dynamics

The Cardiology & Peripheral Vascular Devices Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.

Market Drivers

1. Technological Advancements
2. Increasing Consumer Demand
3. Regulatory Support
4. Globalization

Market Restraints

1. High Operational Costs
2. Regulatory Challenges
3. Market Saturation

Market Opportunities

1. Emerging Markets
2. Product Innovation
3. Strategic Partnerships

Market Challenges

1. Technological Disruptions
2. Supply Chain Issues
3. Changing Consumer Preferences

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Key Players in the Cardiology & Peripheral Vascular Devices Industry

This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.

• Medtronic
• Abbott Laboratories
• Boston Scientific
• Johnson & Johnson
• B. Braun Melsungen AG
• Stryker Corporation
• Edwards Lifesciences Corporation
• Terumo Corporation
• Philips Healthcare
• Siemens Healthineers
• Cardinal Health

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