Peripheral Vascular Devices Market Share
Segmentation Analysis:
1. Sub-Segment: Angioplasty Balloons
Angioplasty balloons, a sub-segment of the peripheral vascular devices market, are extensively used to treat blocked or narrowed blood vessels. These balloons are inserted into the affected area and inflated to widen the artery and improve blood flow. They are widely used in the treatment of peripheral arterial disease (PAD) and are available in different sizes to accommodate various vessel diameters. The increasing prevalence of PAD and the rising demand for minimally invasive procedures are driving the adoption of angioplasty balloons in the market.
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Competitive Landscape:
The peripheral vascular devices market is highly competitive with numerous players operating globally. Some of the key market players include:
1. Medtronic plc
2. Abbott Laboratories
3. Boston Scientific Corporation
4. Cordis Corporation (A Cardinal Health Company)
5. Cook Medical
6. Terumo Corporation
7. B. Braun Melsungen AG
8. C.R. Bard, Inc.
9. AngioDynamics, Inc.
10. Spectranetics Corporation
These companies are continuously investing in research and development activities to launch innovative products and gain a competitive edge in the market. They also engage in strategic collaborations, mergers, and acquisitions to expand their market presence and increase their customer base.
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