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European Markets for Peripheral Vascular Devices
European markets for peripheral vascular devices
Millennium Research Group, A Decision Resources, Inc. Company

The peripheral vascular (PV) device market was valued at $425 million in 2005 and will increase at a CAGR of roughly 10% over the forecast period. Approximately 7 million Europeans are affected by peripheral vascular disease (PVD) each year. The aging European population, combined with growing incidences of obesity, diabetes, and end stage renal disease will drive the demand for PV procedures higher throughout the next decade. Demand has also been fueled by increased screening, detection, and public awareness of PVD, as evidenced by growth in PV diagnostic procedures. In 2005, the German PV market was by far the largest in Europe, accounting for approximately 35% of ...

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