Peripheral Vascular Devices Are Widely Used Among Hospitals For Improving Blood Circulation In The Veins And Arteries Of Patients
Peripheral Vascular Devices are medical devices that help improve the circulation of blood in the arteries and veins. This helps in reducing the risk of various diseases. The rise in the incidence of peripheral artery disease (PAD) worldwide is one of the key factors that contribute to the growth of the global market for peripheral vascular devices.
Increasing demand for minimally invasive surgeries is another driving factor for the market growth. MIS procedures offer advantages, such as reduced hospital stay, less postoperative pain, and faster recovery times. Hence, the market for peripheral vascular devices is expected to grow rapidly over the forecast period.
The increasing prevalence of diabetes and the rising incidences of peripheral vascular disease are also boosting the Peripheral Vascular Devices Market.
These diseases are caused by the buildup of fatty plaques in the arteries, which can lead to blockages. The occurrence of these diseases has been attributed to various factors, such as lifestyle changes, smoking, and increased consumption of alcohol.
These diseases can cause several complications, such as claudication (inflammation of the arteries in the legs), ulceration and gangrene, which can ultimately result in lower limb amputations. The increase in the number of PAD cases is expected to drive the market for Peripheral Vascular Devices over the next five years.
Stents are a type of peripheral vascular device that is used to treat blocked blood vessels. They are inserted into the affected vessel to prevent further damage and promote re-growth of blood flow. They are available in a variety of shapes, sizes, and material compositions to meet patient needs.
Balloon catheters are another type of Peripheral Vascular Devices that is used in the treatment of blocked arteries. These catheters are inserted into the groin or arm veins to eliminate blood clotting and open the veins. They are primarily used in the treatment of lower extremity artery blockages. In June 2022, Cardio Flow, Inc. received clearance from the U.S. FDA (Food and Drug Administration) for FreedomFlow Peripheral Guidewire.

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