Peripheral vascular devices market to reach $15.5b by 2032

Increasing prevalence of PAD and lifestyle-related vascular disorders drives demand.

The global peripheral vascular devices market is on track for strong growth, projected to rise from $9.8b in 2024 to $15.5b by 2032, according to DelveInsight.

The market expansion is being fuelled by increasing cases of peripheral artery disease (PAD), an aging population, and a growing preference for minimally invasive endovascular procedures.

Additional drivers include rising healthcare spending, favorable reimbursement policies, and wider adoption of vascular interventions in ambulatory surgical centers.

The Asia-Pacific region is emerging as one of the fastest-growing markets. Population aging, rising chronic diseases, and lifestyle changes are driving demand, particularly in China and India, where the need for stents, angioplasty balloons, and other vascular interventions is surging.

The report predict continued growth as healthcare systems favor minimally invasive procedures, making vascular devices a key focus for manufacturers worldwide.