Middle East & Africa Peripheral Vascular Devices Market

The MEA peripheral vascular devices market is expected to grow from US$ 534.63 million in 2021 to US$ 793.82 million by 2028; it is estimated to register a CAGR of 5.8% from 2021 to 2028

The MEA peripheral vascular devices market is expected to grow from US$ 534.63 million in 2021 to US$ 793.82 million by 2028; it is estimated to register a CAGR of 5.8% from 2021 to 2028. In July 2021, Terumo Medical Corporation introduced its Azur vascular plug, which is compatible with a microcatheter to occlude arteries up to 8 mm in diameter. A new addition to Terumo’s embolization portfolio, the Azur device is indicated for use to reduce or block the rate of blood flow in arteries of the peripheral vasculature. Moreover, in March 2021, Varian Medical Systems, Inc. invested in Bendit Technologies Ltd., a medical device company, developing the Bendit steerable microcatheters for use by interventionalists performing minimally invasive peripheral vascular procedures. These devices can deliver diagnostic, embolic, or restorative materials into the vasculature. Such advancements based on modern technologies are likely to introduce new trends in the peripheral vascular devices market across the region during the forecast period.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA peripheral vascular devices market is expected to grow at a notable CAGR during the forecast period.     

 MEA Peripheral Vascular Devices Market Revenue and Forecast to 2028 (US$ Million)

MEA Peripheral Vascular Devices Market Segmentation

The MEA peripheral vascular devices market is segmented based on product, end user, and country. Based on product, the MEA peripheral vascular devices market is segmented into peripheral vascular stents, peripheral transluminal angioplasty balloon catheters, PTA guidewires, atherectomy devices, chronic total occlusion devices, aortic stents, synthetic surgical grafts, and embolization guidewires. Further, the peripheral vascular stents segment dominated the market in 2021. Based on end user, the MEA peripheral vascular devices market is segmented into hospitals & clinics, ambulatory care centers, specialty clinics, and others. Further, the hospitals & clinics segment dominated the market in 2021. Based on country, the MEA peripheral vascular devices market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of MEA. Further, Saudi Arabia dominated the market in 2021.  

Abbott, B. Braun Melsungen AG, BD, Boston Scientific Corporation, Cardinal Health Inc, Cook Medical LLC, Edwards Lifesciences Corporation, Medtronic, Teleflex Incorporated, and Terumo Corporation are among the leading companies operating in the MEA peripheral vascular devices market. 

Middle East & Africa Peripheral Vascular Devices Strategic Insights

Strategic insights for the Middle East & Africa Peripheral Vascular Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East & Africa Peripheral Vascular Devices Report Scope

Middle East & Africa Peripheral Vascular Devices Regional Insights

The geographic scope of the Middle East & Africa Peripheral Vascular Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.