According to DataM Intelligence, the Peripheral Interventions Market was valued at approximately USD 9.41 billion in 2023 and is expected to reach USD 22.26 billion by 2033, growing at a CAGR of 9.2% during the forecast period.

The market is primarily driven by the growing global incidence of vascular diseases, an aging population, and increased adoption of minimally invasive procedures. Peripheral interventions refer to minimally invasive procedures designed to treat vascular conditions, including peripheral artery disease (PAD), venous thromboembolism (VTE), and deep vein thrombosis (DVT). The rising prevalence of these conditions, coupled with technological advancements in interventional devices such as stents, angioplasty balloons, catheters, and guidewires, has fueled the adoption of peripheral interventions worldwide. Healthcare providers increasingly prefer these procedures due to their ability to reduce recovery time, lower complication risks, and enhance patient outcomes compared to traditional surgical approaches.

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Market Segmentation

By Product Type:
 • Stents
 • Angioplasty Balloons
 • Catheters & Sheaths
 • Guide Wires
 • Atherectomy Devices
 • Embolic/Embolization Devices
 • Thrombectomy Devices
 • Inferior Vena Cava (IVC) Filters
 • Other Devices & Accessories

By Intervention Type:
 • Atherectomy
 • Stent Implantation
 • Angioplasty
 • Thrombectomy
 • Embolization

By Application:
 • Peripheral Artery Disease
 • Venous Thromboembolism
 • Deep Vein Thrombosis (DVT)
 • Others

By End-User:
 • Hospitals
 • Ambulatory Surgical Centers (ASCs)
 • Cath Labs/Specialty Clinics
 • Others

Market Share

North America dominates the peripheral interventions market due to its highly developed healthcare infrastructure, availability of advanced interventional technologies, and favorable reimbursement policies. The United States, in particular, has a high prevalence of vascular disorders, which drives the demand for minimally invasive procedures. The presence of key market players and extensive clinical research in the region further supports sustained growth.

The Asia-Pacific region is projected to witness the fastest market growth over the forecast period. Rising healthcare expenditures, improving medical infrastructure, and increasing patient awareness are key drivers. Countries like China, India, and Japan are investing heavily in advanced healthcare services, which is accelerating the adoption of peripheral interventions. Government initiatives to enhance access to vascular care are also contributing to market expansion in this region.

Europe remains a significant market, with countries such as Germany, France, and the UK leading in device adoption. Strong healthcare policies, established clinical guidelines, and high rates of PAD and VTE patients support market growth. The region is also witnessing increased investment in minimally invasive procedures to reduce hospitalization costs and improve patient outcomes.

Market Drivers

• Increasing prevalence of vascular diseases, including Peripheral Artery Disease (PAD) and Venous Thromboembolism (VTE).
• Technological advancements in interventional devices, such as drug-eluting stents, atherectomy systems, and thrombectomy tools.
• Improved treatment efficacy and enhanced patient safety due to innovative medical devices.
• Growing global aging population driving higher demand for vascular interventions.
• Rising awareness and preference for minimally invasive treatment options.

Key Players

The key players operating in the peripheral interventions market include Boston Scientific Corporation, Medtronic, Abbott, Terumo Corporation, Cook, B. Braun SE, BD, Cordis, Biotronik, and W. L. Gore & Associates, Inc., along with several other prominent companies.

Recent Developments

1. Advancements in Drug-Eluting Stents: In 2025, Cook Medical expanded its Zilver PTX® stent range with a 5 mm diameter option for treating peripheral artery disease (PAD). This addition improves treatment versatility, especially for below-the-knee PAD cases.
2. Integration of AI in Vascular Imaging: AI-assisted vascular imaging is increasingly used to enhance procedural precision and patient recovery in peripheral interventions. Over 35% of development efforts now focus on AI integration for better outpatient care outcomes.

Conclusion

The peripheral interventions market is poised for strong growth over the next decade, driven by technological advancements, an aging population, and the increasing prevalence of vascular disorders. While high costs and regulatory challenges remain, the expanding adoption of minimally invasive procedures and opportunities in emerging markets offer significant potential. Strategic collaborations, product innovations, and market expansion into developing regions will be key for stakeholders aiming to capitalize on this evolving and high-potential market.

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