Peripheral Vascular Diagnostic Systems Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR70271
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The peripheral vascular diagnostic systems market size has the potential to grow by USD 148.13 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.59%. 

This report provides a detailed analysis of the market by product (systems and accessories), geography (North America, Europe, Asia, and ROW), and key vendors. 

Market Overview

Peripheral-Vascular-Diagnostic-Systems-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Arjo AB
  • D. E. Hokanson Inc.
  • Elcat Inc.
  • Fukuda Denshi Co. Ltd.
  • Koven Technology Inc.
  • OMRON Corp.
  • Perimed AB
  • The Cooper Companies Inc.
  • Unetixs Vascular Inc.
  • Viasonix Ltd.

 

The peripheral vascular diagnostic systems market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as increasing prevalence of diabetes coupled with increasing diabetes awareness to achieve growth opportunities. However, factors such as high costs associated with peripheral artery diagnosis will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the peripheral vascular diagnostic systems market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This peripheral vascular diagnostic systems market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Peripheral Vascular Diagnostic Systems Market: Key Drivers and Trends

  • The rising prevalence of diabetes and atherosclerosis has increased the incidence of PADs in patients. This has further increased the incidence of coronary diseases, heart attacks, and strokes.
  • The demand for effective diagnostics and treatment methods has increased, augmenting the demand for skilled healthcare professionals across hospitals and clinics.
  • The number of skilled healthcare practitioners has increased across healthcare institutions and facilities.
  • Vendors are further leveraging the demand for minimally invasive and advanced diagnostic products, which will further contribute to the growth of the peripheral vascular diagnostic systems market.
  • The growing adoption of robotics for peripheral vascular diagnosis is one of the significant peripheral vascular diagnostic systems market trends.
  • The growing popularity of minimally invasive procedures for the diagnosis of PVD has increased the demand for technologically advanced peripheral vascular diagnosis systems.
  • Vendors are offering robotics-enabled peripheral vascular diagnosis systems that eliminate human errors while diagnosing PADs.
  • These advanced systems can improve the treatment procedure, which will increase their demand.

 

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Peripheral Vascular Diagnostic Systems Market: Segmentation by Geography

Peripheral-Vascular-Diagnostic-Systems-Market-Market-Share-by-Region-2020-2025

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41% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for peripheral vascular diagnostic systems in North America. Market growth in this region will be slower than the growth of the market in Asia and Europe.

The high technology adoption in the healthcare sector is one of the prime factors that will facilitate the peripheral vascular diagnostic systems market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Peripheral Vascular Diagnostic Systems Market: Segmentation by Product

Peripheral-Vascular-Diagnostic-Systems-Market-Market-Share-by-Product-2020-2025

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The increasing prevalence of PADs, the growing adoption of non-invasive procedures, and the availability of easy-to-handle diagnostic devices are contributing to the growth of the peripheral vascular diagnostic systems segment. Peripheral vascular diagnostic systems are gaining popularity because of their effective ability to screen and diagnose PADs. Moreover, vendors are innovating products in system market segment to increase sales. These factors are contributing to the growth of the peripheral vascular diagnostic systems market size. However, the market segment will record a slow growth rate during the forecast period

Fetch actionable market insights on post COVID19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the peripheral vascular diagnostic systems market size.

 

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Peripheral Vascular Diagnostic Systems Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive peripheral vascular diagnostic systems market growth during the next five years
  • Precise estimation of the peripheral vascular diagnostic systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the peripheral vascular diagnostic systems industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of peripheral vascular diagnostic systems market vendors

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Peripheral Vascular Diagnostic Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 148.13 million

Market structure

Fragmented

YoY growth (%)

7.10

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 41%

Key consumer countries

US, Germany, France, China, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Arjo AB, D. E. Hokanson Inc., Elcat Inc., Fukuda Denshi Co. Ltd., Koven Technology Inc., OMRON Corp., Perimed AB, The Cooper Companies Inc., Unetixs Vascular Inc., and Viasonix Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Systems - Market size and forecast 2020-2025
    • Accessories - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • Asia - Market size and forecast 2020-2025
    • ROW - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers – Demand led growth
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Arjo AB
    • D. E. Hokanson Inc.
    • Elcat Inc.
    • Fukuda Denshi Co. Ltd.
    • Koven Technology Inc.
    • OMRON Corp.
    • Perimed AB
    • The Cooper Companies Inc.
    • Unetixs Vascular Inc.
    • Viasonix Ltd.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The peripheral vascular diagnostic systems market growth will increase by $148.13 million during 2020-2025.
    The peripheral vascular diagnostic systems market is expected to grow at a CAGR of 7.59% during 2020-2025.
    Technavio has segmented the peripheral vascular diagnostic systems market by product (Systems and Accessories) and geographic (North America, Europe, Asia, and ROW).
    Arjo AB, D. E. Hokanson Inc., Elcat Inc., Fukuda Denshi Co. Ltd., Koven Technology Inc., OMRON Corp., Perimed AB, The Cooper Companies Inc., Unetixs Vascular Inc., Viasonix Ltd. are a few of the key vendors in the peripheral vascular diagnostic systems market.
    North America will register the highest growth rate of 41.09% among the other regions. Therefore, the peripheral vascular diagnostic systems market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the peripheral vascular diagnostic systems market growth are:
    • Increasing prevalence of diabetes coupled with increasing diabetes awareness
    The peripheral vascular diagnostic systems market vendors should focus on grabbing business opportunities from the systems segment as it accounted for the largest market share in the base year.
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