Peripheral Vascular Stents Market Forecast
Regional Forecast:
The North America peripheral vascular stents market is expected to witness significant growth due to the increasing prevalence of peripheral artery disease (PAD) in the region. The United States accounts for a major share of the market, with a high incidence of cardiovascular diseases driving the demand for peripheral vascular stents. Canada is also expected to contribute to the market growth, with a growing aging population and increasing healthcare expenditure.
Asia Pacific:
Largest Region
North America
44% Market Share in 2023
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The Asia Pacific peripheral vascular stents market is anticipated to experience rapid growth, primarily driven by countries like China, Japan, and South Korea. The increasing adoption of unhealthy lifestyles leading to a rise in cardiovascular diseases is expected to boost the demand for peripheral vascular stents in these countries. China, with its large population and rising disposable income, is projected to be a key market for peripheral vascular stents.
Europe:
In Europe, countries like the United Kingdom, Germany, and France are expected to be significant contributors to the peripheral vascular stents market. The region's well-established healthcare infrastructure, increasing geriatric population, and high prevalence of lifestyle-related diseases are anticipated to drive market growth. The United Kingdom, in particular, is expected to witness substantial growth in the market due to the rising incidence of PAD and peripheral artery stenosis.
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