Peripheral Interventions Market size is valued at USD 8,123.6 million in 2021 and is expected to grow at a significant CAGR of 8.2% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by Product, Application, and end-user. by product, peripheral interventions market has been segmented into Catheters, Sheath, Stents (Bare-Metal Stents, Drug-eluting stents, Others), Guide Wires, Atherectomy Devices, Embolic Devices, Thrombectomy Devices, IVC Filters, Others. The catheters segment is likely to be the largest and fastest-growing segment in terms of type. Based on application peripheral interventions market is segmented into Peripheral Artery Disease, Venous Thromboembolism, and Others. Among these, the Peripheral Artery Disease segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on end user, peripheral interventions market is segmented into Hospitals, Catheterization Laboratories, Ambulatory Surgical Centres, and Others. The hospitals segment accounts for the largest share in 2021. Catheterization Laboratories is the second-largest share during the forecast period 2021-2028 according to precision business insights.
In September 2021 Abbott acquired Walk Vascular, LLC, a commercial-stage medical device company with a minimally invasive mechanical aspiration thrombectomy system designed to remove peripheral blood clots.