PUBLISHER: Grand View Research | PRODUCT CODE: 1630949
PUBLISHER: Grand View Research | PRODUCT CODE: 1630949
The U.S. peripheral vascular devices and accessories market size is expected to reach USD 4.9 billion by 2030, according to a new report by Grand View Research, Inc. The market and is expected to expand at a CAGR of 5.5% from 2025 to 2030. Growing prevalence of venous diseases or Chronic Venous Insufficiency (CVI) is one of the key factors driving the growth of the market. Furthermore, growing geriatric population, and increasing demand for minimally invasive endovascular procedures is further increasing its adoption and bolstering revenue growth over the forecast period.
Based on product type, the peripheral vascular stents segment dominated the market in 2019. Factors contributing to the increase in demand include technological advancements in stent technology and increasing demand for minimally invasive procedures. In addition, the peripheral stent market is majorly driven by a growing patient pool requiring the immediate stent placement, technological innovations in peripheral vascular interventions, and growing number of government initiatives. These factors are further propelling the overall growth.