# Previous ChapterChapter 18: Canadian Markets for Peripheral Vascular Devices Next Chapter

Chapter 18: Canadian Markets for Peripheral Vascular Devices

Canadian Markets for Peripheral Vascular Devices
Canadian markets for peripheral vascular devices

The Canadian peripheral vascular (PV) device market was valued at nearly $20 million (US$) in 2004 and will increase at a compound annual growth rate (CAGR) of more than 10% over the forecast period. The aging Canadian 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. Endovascular procedure growth will occur due to the minimally invasive advantages over traditional surgical techniques in combination with new technologies, increased government and hospital support for funding, and physician training. The Canadian PV device market will be limited by hospitals’ budgetary constraints, the limited number ...