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Latin America Peripheral Vascular Devices Market Research Report – Segmented By Product Type, Material, Stents, Devices and Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2011
Pages: 135

Latin America Peripheral Vascular Devices Market Size (2022 to 2027)

The Latin America Peripheral Vascular Device Market was worth USD 1005.91 million in 2022 and is estimated to be growing at a CAGR of 7.93%, to reach USD 1473.22 million by 2027. The peripheral vascular device is utilized as a part of the treatment of blood vessels outside the heart and brain.

The increasing rise of the elderly population and the related increase in the prevalence of peripheral vascular disorders, the approval of new and improved devices, and the rising incidence of diabetes are key factors driving the peripheral vascular devices market forward in the Latin American region. In addition, stent restenosis problems caused by neovascularization and neointimal hyperplasia at the implant site have been reduced due to advances in stent manufacturing techniques. This is also helping to drive up the demand for stents. Stents are utilized to treat peripheral vascular disorders; hence their rising demand propels the market forward. The rate of occurrence of peripheral vascular diseases has increased in Brazil due to industrialization and the rise in the geriatric population. In addition, the government of the country provides reimbursement services to patients. This is likely to increase the number of patients seeking treatment for Peripheral Vascular Devices, boosting the Brazilian market for peripheral vascular devices.

The availability of alternative treatments and product failures and recalls are projected to restrict the market's growth throughout the forecast period.

With the population aging, PAD (Peripheral Vascular Device) is projected to become more widespread in the future. As a result, statistics suggest that the number of people with PAD is increasing quicker, driving the peripheral arterial disease market. Other causes, such as the growing need for minimally invasive procedures, particularly for peripheral arterial disease, lifestyle changes, and technical improvements, have expanded the peripheral vascular device range. Furthermore, by increasing the incidence rates of cardiac arrest, blood clotting, and other vascular disorders, disease-causing lifestyle and eating habits such as heavy alcohol intake, tobacco products, and smoking cigarettes are predicted to enhance Latin America's peripheral vascular device market demand.

There was also a disturbance in the supply chain and a slowdown in production due to lockdowns. As a result, medical device procurement and surgical resource availability were delayed. As a result, the COVID-19 pandemic poses a threat to the peripheral vascular devices business, restricting its growth temporarily.

This research report on the Latin America Peripheral Vascular Devices Market has been segmented & sub-segmented into the following categories:

By Product Type:

  • Stents
    • Balloon-Expandable Stent
    • Self-Expandable Stents
    • Secured Stents
  • Embolic Protection Devices
  • Angioplasty Balloons
    • Ordinary
    • Cutting
    • Scoring
    • Medication
  • Aortic Stent-Grafts
  • Inferior Vena Cava Filters
  • Synthetic Surgical Grafts
  • Peripheral Vascular Accessory Devices
  • Vascular Closure Devices
  • Chronic Total Occlusion (CTO) Devices
  • PTA Balloon Catheters

By Material: 

  • Resistant
  • Semi-Consistent Sorts

By Country: 

  • Brazil
  • Argentina
  • Chile
  • Mexico
  • Rest of Latin America

Peripheral vascular diseases, obesity, and diabetes, to name a few, are becoming more common in Brazil. As a result, there has been an increase in the demand for stent implants. In addition, junk food consumption and smoking behaviors are becoming more common. This results in the production of atherosclerotic plaques, which raises the risk of stroke. Endologix is a medical device company specializing in developing, manufacturing, and distributing medical devices to treat aortic disorders. The company's solutions are designed to treat abdominal aortic aneurysms (AAA) via minimally invasive surgery. They are being developed on two platforms: endovascular aneurysm sealing (EVAS) and endovascular aneurysm repair. In addition, Argentina's medical tourism industry is booming, with most visitors coming from outside Latin America. For these individuals, peripheral vascular therapies are one of the most popular options. As a result of these factors, the peripheral vascular device market is likely to grow during the forecast period.

KEY MARKET PLAYERS:

Promising companies dominating the LATAM Peripheral Vascular Devices market include Abbott Laboratories (U.S.), Cordis Corporation (U.S.), Medtronic, Inc. (U.S.), Boston Scientific Corporation (U.S.), and Covidien, Inc. (U.S.).

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
        1. Secondary Research
        2. Primary Research
        3. Econometric Modelling
        4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. Product type                                                                              
      1. Introduction
      2. Normal balloon                                                    
      3. Cutting balloon
      4. Scoring Balloon
      5. Drug coated balloon
      6. Y-o-Y Growth Analysis, By Product type
      7. Market Attractiveness Analysis, By Product type
      8. Market Share Analysis, By Product type
    2. By Material
      1. Introduction
      2. Non-Compliant Balloons
      3. Semi-Compliant Balloons
      4. Y-o-Y Growth Analysis, By Material
      5. Market Attractiveness Analysis, By Material
      6. Market Share Analysis, By Material
    3. By Stents
      1. Introduction
      2. Balloon expandable stent
      3. Self-expandable stents
      4. Covered Stents
      5. Y-o-Y Growth Analysis, By Stents
      6. Market Attractiveness Analysis, By Stents
      7. Market Share Analysis, By Stents
    4. By Devices
      1. Introduction
      2. Angioplasty Balloons and Stents
      3. Catheters
      4. Hemodynamic Flow Alteration Devices
      5. Plaque Modification Devices
      6. Vena Cava Filter Placement Devices
      7. Mechanical Atherectomy Devices
      8. Accessory Devices
      9. Y-o-Y Growth Analysis, By Devices
      10. Market Attractiveness Analysis, By Devices
      11. Market Share Analysis, By Devices
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends   
      2. Impact Analysis    
    2. Latin America
      1. Introduction
      2. Brazil
      3. Argentina
      4. Mexico
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. Abbot Laboratories
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. Angioscore
    3. Boston Scientific Corporation
    4. Bayer AG
    5. Emboline INC
  9.  Competitive Landscape
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, Collaborations and Joint Ventures
    4. New Product Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  1. Latin America Peripheral vascular devices Market, By Product type , From 2022 - 2027 (USD Million)
  2. Latin America Normal balloon Market, By Region, From 2022 - 2027 (USD Million)
  3. Latin America Cutting balloon Market, By Region, From 2022 - 2027 (USD Million)
  4. Latin America Coring Balloon Market, By Region, From 2022 - 2027 (USD Million)
  5. Latin America Drug coated balloon Market, By Region, From 2022 - 2027 (USD Million)
  6. Latin America Peripheral vascular devices Market, By Material, From 2022 - 2027 (USD Million)
  7. Latin America Non-Compliant Balloons Market, By Region, From 2022 - 2027 (USD Million)
  8. Latin America Semi-Compliant Balloons Market, By Region, From 2022 - 2027 (USD Million)
  9. Latin America Peripheral vascular devices Market, By Stents, From 2022 - 2027 (USD Million)
  10. Latin America Balloon expandable stent Market, By Region, From 2022 - 2027 (USD Million)
  11. Latin America  Self-expandable stents Market, By Region, From 2022 - 2027 (USD Million)
  12. Latin America Covered stents Market, By Region, From 2022 - 2027 (USD Million)
  13. Latin America Peripheral vascular devices Market, By Devices, From 2022 - 2027 (USD Million)
  14. Latin America Angioplasty Balloons and Stents  Market, By Region, From 2022 - 2027 (USD Million)
  15. Latin America Catheters  Market, By Region, From 2022 - 2027 (USD Million)
  16. Latin America Hemodynamic Flow Alteration Devices Market, By Region, From 2022 - 2027 (USD Million)
  17. Latin America Plaque Modification Devices Market, By Region, From 2022 - 2027 (USD Million)
  18. Latin America Vena Cava Filter Placement Devices Market, By Region, From 2022 - 2027 (USD Million)
  19. Latin America Mechanical Atherectomy Devices Market, By Region, From 2022 - 2027 (USD Million)
  20. Latin America Accessory Devices Market, By Region, From 2022 - 2027 (USD Million)
  21. Brazil Peripheral vascular devices Market, By Product type , From 2022 - 2027 (USD Million)
  22. Brazil Peripheral vascular devices Market, By Material, From 2022 - 2027 (USD Million)
  23. Brazil Peripheral vascular devices Market, By Stents, From 2022 - 2027 (USD Million)
  24. Brazil Peripheral vascular devices Market, By Devices, From 2022 - 2027 (USD Million)
  25. Argentina Peripheral vascular devices Market, By Product type , From 2022 - 2027 (USD Million)
  26. Argentina Peripheral vascular devices Market, By Material, From 2022 - 2027 (USD Million)
  27. Argentina Peripheral vascular devices Market, By Stents, From 2022 - 2027 (USD Million)
  28. Argentina Peripheral vascular devices Market, By Devices, From 2022 - 2027 (USD Million)
  29. Mexico Peripheral vascular devices Market, By Product type , From 2022 - 2027 (USD Million)
  30. Mexico Peripheral vascular devices Market, By Material, From 2022 - 2027 (USD Million)
  31. Mexico Peripheral vascular devices Market, By Stents, From 2022 - 2027 (USD Million)
  32. Mexico Peripheral vascular devices Market, By Devices, From 2022 - 2027 (USD Million)
  33. Rest of Latin America Peripheral vascular devices Market, By Product type , From 2022 - 2027 (USD Million)
  34. Rest of Latin America Peripheral vascular devices Market, By Material, From 2022 - 2027 (USD Million)
  35. Rest of Latin America Peripheral vascular devices Market, By Stents, From 2022 - 2027 (USD Million)
  36. Rest of Latin America Peripheral vascular devices Market, By Devices, From 2022 - 2027 (USD Million)

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