Peripheral Embolic Protection Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Peripheral Embolic Protection Devices Market Report Overview
The peripheral embolic protection devices market size was valued at $311.9 million in 2023. The peripheral embolic protection devices market will grow at a CAGR of more than 2% from 2023 to 2033. Catheter-dependent endovascular treatment continues to develop as novel devices continue to increase the potential of interventionalists and enhance patient safety. The embolic protection device market is expected to grow in the forecast years. EPDs have demonstrated a significant ability to reduce distal embolization events, and due to this, the number of treated cases undergoing carotid artery angioplasty with EPD is increasing. In the case of lower extremity PAD, the EPDs market will grow but at a slow pace.
Peripheral Embolic Protection Devices Market Outlook 2023-2033 ($ Million)
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The peripheral embolic protection devices market research report explains the market behavior, which will help identify quantitative market trends within cardiovascular devices therapeutic areas. The report has extensively covered regional-wise quantitative data, highlighting the number of peripheral embolic protection devices across labs, which will help in identifying untapped market opportunities. The peripheral embolic protection devices market model also discusses the detailed impact of COVID-19 on the peripheral embolic protection devices market for 2020 and beyond.
Market Size (2023) | $311.9 million |
CAGR (2023-2033) | >2% |
Historic Period | 2015-2023 |
Forecast Period | 2023-2033 |
Key Segments |
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Key Regions |
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Key Companies |
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Peripheral Embolic Protection Devices Market Dynamics
The growing prevalence of PAD & CAS coupled with the increasing adoption of minimally invasive procedures are major factors driving market growth. Technological progression in this field is anticipated to drive continual growth for the PEPD market. Better understanding of the epidemiology of lesions present in the lower extremity provides an opportunity for further growth. The advanced capabilities of the device to dramatically increase the safety and outcomes of patients undergoing treatment are expected to encourage companies to invest in this technology and to draw new players to enter the market.
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Peripheral Embolic Protection Devices Market Segments
The key segments in the peripheral embolic protection devices market are carotid embolic protection devices and lower extremity embolic protection devices. In 2023, the carotid embolic protection devices segment dominated the market share.
Peripheral Embolic Protection Devices Market Analysis by Segments, 2023 (%)
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Peripheral Embolic Protection Devices Market Segmentation by Regions
The key regions in the peripheral embolic protection devices market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, North America led the peripheral embolic protection devices.
The carotid embolic protection device market is expected to increase throughout the forecast years, driven primarily due to improved outcomes after carotid artery stenosis treatment. EPDs help to prevent and decrease distal embolization in the carotid artery. Also, they reduce the chances of re-stenosis as by preventing the accumulation of debris in arteries. The prevalence of peripheral arterial disease (PAD), especially in the lower extremities, is increasing due to an increase in the number of patients with high cholesterol levels, high blood pressure, growing elderly population, and an increase in the population with sedentary lifestyles. This increasing PAD prevalence is expected to drive growth in the lower extremity EPD market across the forecast years.
Peripheral Embolic Protection Devices Market Analysis by Regions, 2023 (%)
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Peripheral Embolic Protection Devices Market – Competitive Landscape
The key companies in the peripheral embolic protection devices market are Medtronic Plc, Abbott Laboratories, Boston Scientific Corp, Cordis Corp, and Cardiovascular Systems Inc among others. In 2023, Medtronic Plc accounted for the highest peripheral embolic protection devices market share and value.
Peripheral Embolic Protection Devices Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report.
Peripheral Embolic Protection Devices Segment Outlook ($ Million, 2015-2033)
- Carotid Embolic Protection Devices
- Lower Extremity Embolic Protection Devices
Peripheral embolic protection devices Regional Outlook ($ Million, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are –
Currently marketed peripheral embolic protection devices market and evolving competitive landscape –
- Insightful review of the key industry trends.
- Annualized total Peripheral embolic protection devices market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional and Country level market specific insights –
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Peripheral embolic protection devices market.
- Competitive dynamics insights and trends provided for the peripheral embolic protection devices market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Medtronic Plc, Abbott Laboratories, Boston Scientific Corp, Cordis Corp, Cardiovascular Systems Inc, and Others.
Countries covered – United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for
- CMO executives who must have a deep understanding of the peripheral embolic protection devices marketplace to make strategic planning and investment decisions.
- Sourcing and procurement executives must understand crucial components of the supply base in order to make decisions about supplier selection and management.
- Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
The model will enable you to –
- Understand the impact of COVID-19 on peripheral embolic protection devices.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving peripheral embolic protection devices.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the peripheral embolic protection devices market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific peripheral embolic protection devices market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Frequently asked questions
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What was the peripheral embolic protection devices market size in 2023?
The peripheral embolic protection devices market size was $311.9 million in 2023.
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What will be the CAGR of the peripheral embolic protection devices market during 2023-2033?
The peripheral embolic protection devices will grow at a CAGR of more than 2% during 2023-2033.
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Which was the leading segment in the peripheral embolic protection devices market?
In 2023, the carotid embolic protection devices segment dominated the market share.
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Which region held the largest share of the peripheral embolic protection devices market?
North America was the largest regional market for peripheral embolic protection devices in 2023.
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Which are the leading players in the peripheral embolic protection devices market?
The key companies in the peripheral embolic protection devices market are Medtronic Plc, Abbott Laboratories, Boston Scientific Corp, Cordis Corp, Cardiovascular Systems Inc, and Others.
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