Peripheral Vascular Devices - Global Trends, Estimates and Forecasts, 2012-2018

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Aug 05, 2014, 07:32 ET

DUBLIN, Aug. 5, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Peripheral Vascular Devices - Global Trends, Estimates and Forecasts, 2012-2018" report to their offering.

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Global Peripheral Vascular Devices sector forecasts to reach US$5 billion by 2016 at a CAGR of 10.8% during the analysis period 2012-2018. North American region accounts for highest percentage approximately 42% (2015) of global share while Europe follows next with nearly 27.7% (2018) of the market. Asia-Pacific is the fastest growing region with a CAGR of 12.5% driving a market value of US$1 billion by 2015.

On a global scale, projections for Peripheral Vascular Stents market value indicate nearly 36% by 2015 leaving the rest of the market to the Vascular Closure Devices, AAA Stent Grafts, Inferior Vena Cava (IVC) Filters)etc. Geographical analysis for Peripheral Guidewires market shows that the highest Compounded Annual Growth Rate (CAGR) of 13.8% is anticipated from Asia-Pacific region during the analysis period 2012-2018. Europe follows Asia-Pacific with a CAGR of 12.7% while the North America forecasts to drive with a growth rate of 10.8%.