Market By Device Type And Country Outlook | Forecast 2021-2028
According to Triton, the peripheral vascular devices market in Latin America is expected to surge with a CAGR of 10.28% over the forecasting duration of 2021-2028.
The countries assessed in this market are:
•          Brazil
•          Mexico
•          Rest of Latin America countries
People in Brazil are increasingly suffering from peripheral vascular disorders, obesity, and diabetes, among others. This has resulted in a surge in the demand for stent implants. Also, the consumption of junk food and habits like smoking are increasingly prevalent. This leads to the formation of atherosclerotic plaques, which, in turn, increase the risk of stroke.
The advanced technology used for making stents has helped overcome stent restenosis complications caused due to neovascularization and neo-intima hyperplasia at the implant site. This is also contributing to the rising demand for stents. Stents are used for treating peripheral vascular diseases, and therefore, their growing demand is fueling the growth of the studied market.
Owing to modernization and the rise in the geriatric population in Brazil, the rate of incidence of peripheral vascular diseases has also increased. Also, the government in the country is offering reimbursement facilities to patients. This is expected to lead to a rise in the number of patients seeking treatment for PVD, and thus, aid the growth of the Brazilian peripheral vascular devices market.
Statistics from the WHO suggest that several people die each year in Mexico due to diabetes. Cases of obesity are also on the rise. These factors are increasing the demand for peripheral vascular devices in the country, which will aid the growth of the market over the coming years, as a result.
Endologix is engaged in developing, manufacturing, and selling medical devices for the treatment of aortic diseases. The company’s products are intended to treat abdominal aortic aneurysms (AAA) performed by minimal invasion. They are developed using two platforms, namely, minimally invasive endovascular aneurysm sealing (EVAS) and endovascular aneurysm repair (EVAR). Endologix sells its products across numerous in the world, through a direct sales force, distributors, and agents.
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1.   LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET - SUMMARY        Â
2.   INDUSTRY OUTLOOK
2.1. KEY INSIGHTSÂ Â Â Â Â Â
2.1.1.  SURGE IN THE ADOPTION OF VASCULAR PROCEDURES        Â
2.1.2.  PRODUCT RECALLS OWING TO SAFETY CONCERNS    Â
2.2. IMPACT OF COVID-19 ON THE PERIPHERAL VASCULAR DEVICES MARKETÂ Â Â Â Â Â Â Â Â Â
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1.  THREAT OF NEW ENTRANTS  Â
2.3.2.  THREAT OF SUBSTITUTE          Â
2.3.3.  BARGAINING POWER OF SUPPLIERS
2.3.4.  BARGAINING POWER OF BUYERS    Â
2.3.5.  THREAT OF COMPETITIVE RIVALRY Â
2.4. MARKET ATTRACTIVENESS INDEXÂ Â
2.5. VENDOR SCORECARDÂ
2.6. KEY MARKET STRATEGIESÂ Â Â Â Â
2.6.1.  MERGER & ACQUISITIONS       Â
2.6.2.  PRODUCT LAUNCH & DEVELOPMENTS       Â
2.6.3.  PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATIONÂ
2.6.4.  BUSINESS EXPANSION Â
2.7. MARKET DRIVERSÂ Â Â Â Â Â Â Â Â
2.7.1.  MINIMALLY-INVASIVE PROCEDURES FOR PERIPHERAL ARTERIAL DISEASE  Â
2.7.2.  PROLIFERATING INCIDENCE OF PERIPHERAL ARTERIAL DISEASE  Â
2.7.3.  CHANGING LIFESTYLE AND RAPID GROWTH IN THE AGING POPULATION Â
2.7.4.  CONTINUOUS TECHNOLOGICAL ADVANCEMENTS         Â
2.8. MARKET CHALLENGES
2.8.1.  STRINGENT REGULATORY PROCESS         Â
2.8.2.  LACK OF PROPER REIMBURSEMENT POLICIES FOR PERIPHERAL VASCULAR DEVICES        Â
2.8.3.  INTENSE COMPETITIONÂ
2.9. MARKET OPPORTUNITIESÂ Â Â Â Â Â Â
2.9.1.  AWARENESS AMONG PATIENTS ABOUT TREATMENT OPTIONS        Â
2.9.2.  MARKET POTENTIAL IN DEVELOPING COUNTRIES         Â
3.   LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET OUTLOOK – BY DEVICE TYPE      Â
3.1. PERIPHERAL VASCULAR STENTSÂ Â Â Â
3.1.1.  SELF-EXPANDING PERIPHERAL VASCULAR STENTS     Â
3.1.2.  BALLOON-EXPANDING PERIPHERAL VASCULAR STENTS        Â
3.1.3.  DRUG-ELUTING PERIPHERAL VASCULAR STENTS         Â
3.1.4.  COVERED STENTÂ
3.2. PERCUTANEOUS TRANSLUMINAL ANGIOPLASTY (PTA) BALLOON CATHETERSÂ
3.2.1.  STANDARD PTA BALLOON CATHETER        Â
3.2.2.  HIGH-PRESSURE PTA BALLOON CATHETER         Â
3.2.3.  LARGE PTA BALLOON CATHETER     Â
3.2.4.  SMALL PTA BALLOON CATHETER     Â
3.2.5.  SPECIALTY PTA BALLOON CATHETER        Â
3.2.6.  DRUG COATED PTA BALLOON CATHETER Â
3.3. PERCUTANEOUS TRANSLUMINAL ANGIOPLASTY (PTA) GUIDEWIRESÂ Â Â Â Â Â Â Â
3.4. ATHERECTOMY DEVICESÂ Â Â Â Â Â Â Â
3.5. EMBOLIC PROTECTION DEVICESÂ Â Â Â Â
3.6. INFERIOR VENA CAVA FILTERSÂ Â Â Â Â Â Â Â Â
3.7. OTHER DEVICE TYPESÂ
4.   LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET – COUNTRY OUTLOOK     Â
4.1. BRAZILÂ Â Â Â Â Â Â
4.2. MEXICOÂ Â Â Â Â Â
4.3. REST OF LATIN AMERICAÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
5.   COMPETITIVE LANDSCAPE
5.1. ABBOTT LABORATORIESÂ Â Â Â Â Â Â Â Â
5.2. ANGIOSCORE INC (SPECTRANETICS CORPORATION)Â Â
5.3. BOSTON SCIENTIFIC CORPORATIONÂ Â Â Â Â Â Â Â Â Â
5.4. BECTON DICKINSON AND COMPANYÂ Â Â Â Â Â Â Â Â Â
5.5. COOK GROUPÂ Â Â Â Â Â
5.6. CARDINAL HEALTH INC (CORDIS)Â Â Â Â Â
5.7. EDWARDS LIFESCIENCES CORPORATION
5.8. ENDOLOGIXÂ Â Â Â Â Â Â Â Â Â
5.9. KONINKLIJKE PHILIPS NV
5.10. MEDTRONIC PLCÂ Â Â Â Â Â Â Â Â Â
5.11. TELEFLEX MEDICALÂ Â Â Â
5.12. TERUMO INTERVENTIONAL SYSTEMS INCÂ Â Â Â Â Â Â Â Â Â
6.   METHODOLOGY & SCOPE Â
6.1. RESEARCH SCOPE & DELIVERABLESÂ Â Â Â Â Â Â Â
6.2. SOURCES OF DATAÂ Â Â Â Â Â Â
6.3. RESEARCH METHODOLOGYÂ Â
TABLE 1: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS INDEX
TABLE 3: VENDOR SCORECARD
TABLE 4: LIST OF MERGER & ACQUISITIONS
TABLE 5: LIST OF PRODUCT LAUNCH & DEVELOPMENTS
TABLE 6: LIST OF PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
TABLE 7: LIST OF BUSINESS EXPANSION
TABLE 8: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY DEVICE TYPE, 2021-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY PERIPHERAL VASCULAR STENTS, 2021-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY PERCUTANEOUS TRANSLUMINAL ANGIOPLASTY (PTA) BALLOON CATHETERS, 2021-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
FIGURE 2: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY DEVICE TYPE, 2020 & 2028
FIGURE 3: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY PERIPHERAL VASCULAR STENTS, 2021-2028 (IN $ MILLION)
FIGURE 4: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY PERIPHERAL VASCULAR STENTS, 2020 & 2028
FIGURE 5: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY SELF-EXPANDING PERIPHERAL VASCULAR STENTS, 2021-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY BALLOON-EXPANDING PERIPHERAL VASCULAR STENTS, 2021-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY DRUG-ELUTING PERIPHERAL VASCULAR STENTS, 2021-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY COVERED STENT, 2021-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY PERCUTANEOUS TRANSLUMINAL ANGIOPLASTY (PTA) BALLOON CATHETERS, 2021-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY PERCUTANEOUS TRANSLUMINAL ANGIOPLASTY (PTA) BALLOON CATHETERS, 2020 & 2028
FIGURE 11: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY STANDARD PTA BALLOON CATHETER, 2021-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY HIGH-PRESSURE PTA BALLOON CATHETER, 2021-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY LARGE PTA BALLOON CATHETER, 2021-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY SMALL PTA BALLOON CATHETER, 2021-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY SPECIALTY PTA BALLOON CATHETER, 2021-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY DRUG COATED PTA BALLOON CATHETER, 2021-2028 (IN $ MILLION)
FIGURE 17: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY PERCUTANEOUS TRANSLUMINAL ANGIOPLASTY (PTA) GUIDEWIRES, 2021-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY ATHERECTOMY DEVICES, 2021-2028 (IN $ MILLION)
FIGURE 19: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY EMBOLIC PROTECTION DEVICES, 2021-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY INFERIOR VENA CAVA FILTERS, 2021-2028 (IN $ MILLION)
FIGURE 21: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, BY OTHER DEVICE TYPES, 2021-2028 (IN $ MILLION)
FIGURE 22: LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 23: BRAZIL PERIPHERAL VASCULAR DEVICES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 24: MEXICO PERIPHERAL VASCULAR DEVICES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: REST OF LATIN AMERICA PERIPHERAL VASCULAR DEVICES MARKET, 2021-2028 (IN $ MILLION)