GVR Report cover U.S. Peripheral Vascular Devices And Accessories Market Size, Share & Trends Report

U.S. Peripheral Vascular Devices And Accessories Market (2026 - 2033 ) Size, Share & Trends Analysis Report By Product (Peripheral Stents, PTA Balloons), By Application (Peripheral Arterial Disease, Aneurysms), By End Use (Hospitals, Ambulatory Surgical Centers), And Segment Forecasts

U.S. Peripheral Vascular Devices And Accessories Market Summary

The U.S. peripheral vascular devices and accessories market size was estimated at USD 4.1 billion in 2025 and is projected to reach USD 6.2 billion by 2033, growing at a CAGR of 5.1% from 2026 to 2033. The industry is driven by the rising prevalence of peripheral arterial disease (PAD), fueled by aging and lifestyle factors.

Key Market Trends & Insights

  • By product, the peripheral stents segment led the market with the largest revenue share of 22.4% in 2025.
  • By indication, the PAD accounted for the largest market revenue share in 2025.
  • By end use, the hospital segment accounted for the largest market revenue share in 2025.

Market Size & Forecast

  • 2025 Market Size: USD 4.1 Billion
  • 2033 Projected Market Size: USD 6.2 Billion
  • CAGR (2026-2033): 5.1%


Technological advancements, such as minimally invasive procedures and innovative devices, are enhancing treatment effectiveness. In addition, the growing geriatric population, more prone to vascular conditions, is increasing the demand for vascular interventions and devices.

U.S. peripheral vascular devices and accessories market size and growth forecast (2023-2033)

The market is undergoing a significant transformation driven by rising clinical demand, technological advancements, and evolving care models. The shift toward minimally invasive procedures are also driving the market growth.

Market Drivers

Rising Prevalence & Increasing Diagnosis of Peripheral Artery Disease (PAD)

The growing burden of peripheral artery disease (PAD) is a key driver of the market. PAD affects blood circulation in the lower extremities due to arterial narrowing caused by plaque buildup. According to a CDC article published in July 2025, approximately 6.5 million individuals in the U.S. were living with PAD in 2024, highlighting the significant patient population requiring diagnosis and treatment. While the disease progresses, many patients require interventional procedures such as angioplasty, stenting, and atherectomy, which rely on specialized peripheral vascular devices and accessories. The increasing prevalence of PAD, therefore, directly contributes to the rising demand for vascular intervention technologies across hospitals and cardiovascular centers in the U.S.

U.S. Peripheral Vascular Devices And Accessories Market - Prevalence of PAD by age group (years)., 2024 (%)

Growing Burden of Diabetes and Diabetes Related PAD

The increasing prevalence of diabetes in the U.S. is a key market driver, as it raises the risk of vascular complications, particularly in the lower limbs. Persistent high blood sugar damages blood vessels and accelerates atherosclerosis, leading to reduced circulation and peripheral artery disease (PAD). While the condition worsens, patients often require diagnostic imaging and minimally invasive procedures such as angioplasty, thrombectomy, and stenting to restore blood flow.

According to CDC article published in March 2026, approximately 40.1 million people of all ages in the U.S. were living with diabetes in 2023, representing around 12.0% of the total population. Among adults aged 18 years and older, about 39.8 million individuals (14.9% of U.S. adults) had diabetes, including 11.0 million adults with undiagnosed diabetes, which accounts for 27.6% of all diabetes cases. Moreover, diabetes prevalence rises steadily with age, affecting nearly three in ten adults aged 65 and above. The presence of a large undiagnosed population indicates that many individuals remain at risk of developing severe vascular complications before receiving appropriate medical intervention.

Technologically Advanced Product Launches in Peripheral Vascular Devices

Technological innovation and the launch of advanced endovascular devices are significantly driving the market growth. The introduction of advanced thrombectomy technology for vascular blockages. In February 2026, Avantec Vascular, a Nipro company, received U.S. FDA 510(k) clearance for its thrombectomy system designed to remove fresh emboli and thrombi from peripheral venous vessels measuring 7 mm or larger in diameter. This device supports minimally invasive treatment of conditions such as deep vein thrombosis and other peripheral vascular obstructions.

The integration of artificial intelligence (AI)-driven predictive analytics in peripheral endovascular procedures presents a strong growth opportunity for the market by enabling clinicians to forecast patient outcomes and potential complications such as major limb events or mortality. These advanced models support better clinical decision-making by helping physicians customize treatment plans, select appropriate devices, and refine procedural planning, particularly for high-risk patients. This enhances both clinical efficiency and resource utilization. According to the NCBI article published in March 2024, using data from over 235,000 U.S. patients in the Vascular Quality Initiative (VQI) registry demonstrated that a machine learning model (XGBoost) could accurately predict one-year adverse limb events or death, achieving a high AUROC of 0.94 and outperforming traditional statistical methods.

Market Restraints And Challenges

The U.S. peripheral vascular devices industry faces several key challenges, including declining reimbursement rates for procedures, which discourage the adoption of advanced and often higher-cost interventional devices among healthcare providers. In addition, product recalls and safety concerns related to devices such as stents, catheters, guidewires, and stent grafts pose risks in complex procedures where reliability is critical. High treatment costs for conditions like peripheral arterial disease (PAD) and aneurysms further limit accessibility, as these require advanced technologies, specialized infrastructure, and ongoing clinical monitoring. Moreover, a shortage of skilled specialists trained in complex endovascular interventions continues to restrict procedural volumes and the adoption of innovative treatment approaches.

U.S. Peripheral Vascular Devices And Accessories Market - Market Restraints And Challenges

Market Opportunity Analysis

Growing Office-Based Laboratories for Peripheral Vascular Interventions

The rapid growth of office-based laboratories (OBLs) and outpatient vascular treatment centers in the U.S. represents a key opportunity for the market. Traditionally, many peripheral vascular interventions, such as angioplasty, atherectomy, and stent placement, were performed in hospital catheterization laboratories. However, advancements in minimally invasive endovascular technologies, improved catheter systems, and compact imaging equipment have enabled physicians to safely perform many of these procedures in office-based or outpatient settings. This transition is creating new demand for peripheral vascular devices and accessories that are optimized for outpatient workflows, including low-profile catheters, guidewires, vascular access devices, and atherectomy systems.

AI‑Based Predictive Modeling to Optimize Endovascular Intervention Outcomes in PAD

The use of artificial intelligence (AI)based predictive analytics to forecast patient outcomes after peripheral endovascular procedures offers a meaningful growth opportunity for the U.S. peripheral vascular devices industry. Predictive models that accurately anticipate major adverse eventssuch as limb events or deathafter interventions identical angioplasty, stenting, atherectomy, or thrombectomy, help clinicians tailor treatment strategies, select appropriate devices, and optimize procedural planning. These tools support peripheral vascular specialists in identifying high-risk patients who benefit most from specific therapeutic devices (For instance, guidewires, balloons, stents, or plaque modification tools) and procedural accessories, thereby enhancing clinical efficiency and resource utilization.

Market Concentration & Characteristics

The degree of innovation in the U.S. peripheral vascular devices industry is high, driven by continuous advancements in medical technology. Companies focus on developing minimally invasive procedures, improved stent designs, and drug-eluting devices to enhance patient outcomes. In November 2024, Koninklijke Philips N.V. revealed the launch of the U.S. THOR IDE clinical trial, marking the enrollment of its first patient. The trial is focused on evaluating a groundbreaking catheter that combines laser atherectomy with intravascular lithotripsy to treat peripheral artery disease (PAD).

The level of mergers and acquisitions (M&A) activities in the U.S. peripheral vascular devices industry is moderate. Companies often pursue acquisitions to expand their product portfolios, integrate new technologies, and enter new markets. In March 2026, Medtronic announced an agreement to acquire Scientia Vascular for USD 550 million to strengthen vascular access and intervention capabilities. Scientia’s portfolio includes advanced guidewires, microcatheters, and access products, enhancing Medtronic’s reach in neurovascular and vascular procedural workflows, a strategic bolt-on that complements existing systems used in peripheral and neurovascular interventions.

U.S. Peripheral Vascular Devices And Accessories Industry Dynamics

The impact of regulations on the U.S. peripheral vascular devices industry is significant, as the industry is subject to strict oversight by agencies such as the FDA. Regulatory approval processes for new devices, clinical trials, and ongoing post-market surveillance ensure that only safe and effective products reach the U.S. peripheral vascular devices industry. While regulations are essential for patient safety, they also lengthen the time to market and can increase costs for companies, particularly in terms of compliance and approvals.

The product and service expansion in the U.S. peripheral vascular devices industry is moderate, as companies are continually improving existing devices and introducing new products to meet evolving patient needs. Expansions typically focus on offering more advanced, tailored solutions such as drug-coated balloons, stents, and endovenous laser treatment systems. In addition, many companies are enhancing services by offering comprehensive vascular intervention solutions that include diagnostics, devices, and post-procedure care.

Product Insights

The peripheral stents segment led the market with the largest revenue share of 22.4% in 2025 and is anticipated to grow at the fastest CAGR over the forecast period. This high share is attributable to technological advancements in stent technology and the increasing demand for minimally invasive procedures. The peripheral stent segment is primarily driven by a growing patient pool requiring immediate stent placement, technological innovations in peripheral vascular interventions, and an increasing number of government initiatives. In April 2024, Abbott announced FDA approval of the Esprit BTK Everolimus Eluting Resorbable Scaffold System, a significant advancement for patients with chronic limb-threatening ischemia below the knee. This innovative dissolvable stent releases Everolimus to promote healing before dissolving over three years. It aims to improve upon traditional balloon angioplasty, which often leads to recurring blockages. The Esprit BTK System offers a minimally invasive approach to maintaining open arteries.

The PTA balloons segment is expected to grow at a significant CAGR during the forecast period. Increasing CVD incidence and the technologically advanced product launch drive the growth of the market. For instance, in June 2024, the Sugacoated PTA Balloon Dilatation catheter, created by Kossel Medtech, received approval from the National Medical Products Administration (NMPA) for commercial use. This device, designed the expand narrowed peripheral vessels, features a special Niti wire constraint to ensure even expansion, facilitating plaque restructuring, decreasing dissection risk, and reducing the need for additional stent placement and overall healthcare costs.

Application Insights

The peripheral arterial disease (PAD) segment led the market with the largest revenue share of 47.2% in 2025, driven by the rising prevalence of diabetes in the U.S., as it increases the risk of lower-limb vascular complications. Prolonged high blood sugar damages blood vessels and accelerates atherosclerosis, leading to poor circulation and peripheral artery disease (PAD). While the disease progresses, patients often require diagnostic imaging and minimally invasive treatments such as angioplasty, thrombectomy, and stent placement to restore blood flow. According to a CDC article published in March 2026, approximately 40.1 million people of all ages in the U.S. were living with diabetes in 2023, representing around 12.0% of the total population. Among adults aged 18 years and older, about 39.8 million individuals (14.9% of U.S. adults) had diabetes, including 11.0 million adults with undiagnosed diabetes, which accounts for 27.6% of all diabetes cases. Moreover, diabetes prevalence rises steadily with age, affecting nearly three in ten adults aged 65 and above.

The aneurysms segment is expected to grow at the fastest CAGR during the forecast period. Aneurysms, particularly abdominal aortic aneurysms (AAA) and peripheral aneurysms, also significantly drive the demand for peripheral vascular devices. Aneurysms are often treated surgically, such as with endovascular aneurysm repair (EVAR), which requires specialized devices, including stent grafts and catheters. In May 2024, the CDC reported that abdominal aortic aneurysms are more prevalent in men and individuals aged 65 and older. In addition, they occur more frequently in White individuals compared to Black individuals. On the other hand, thoracic aortic aneurysms, which occur in the chest, affect both men and women equally, and their incidence increases with age.

End Use Insights

The hospital segment led the market with the largest revenue share of 41.0% in 2025. Hospitals are increasingly investing in catheterization labs, hybrid operating rooms, and specialized vascular units to manage the growing volume of complex cases. These upgrades enable more precise and efficient endovascular procedures such as angioplasty, stenting, and atherectomy, while improving patient safety and procedural outcomes, ultimately driving higher adoption of peripheral vascular devices and accessories. For instance, in May 2025, UC Davis Medical Center became the first hospital in the Sacramento region to perform a percutaneous transmural arterial bypass (PTAB) procedure using the newly approved DETOUR System, offering patients with complex PAD an effective minimally invasive alternative to open bypass surgery.

“This next-generation device allows us to provide an alternative treatment option with comparable outcomes to surgical bypass while avoiding potential bypass complications.”

-Melissa R. Keller, assistant professor of vascular surgery, UC Davis Health.

U.S. Peripheral Vascular Devices And Accessories Market Share

The ambulatory surgical centers segment is expected to grow at the fastest CAGR during the forecast period, driven by the shift toward minimally invasive therapies, cost containment, and patient preference for shorter hospital stays. ASCs facilitate efficient patient flow while maintaining high standards of procedural safety and recovery. In February 2026, an article published in Ambulatory Surgery Center News highlighted that select ambulatory surgery centers (ASCs) performing percutaneous coronary interventions reported complication rates comparable to hospitals at about 1%, while achieving cost savings of roughly USD 4,000 per procedure, emphasizing the potential for safe and more efficient cardiac care in the ASC setting.

“At the national level, most states allow the performance of PCIs in ASCs with approximately 20 of these states reporting detailed data which indicate that the complication rate in ASCs essentially matches those performed in hospitals at just [1%].”

-New York State Public Health and Health Planning Council

Key U.S. Peripheral Vascular Devices And Accessories Company Insights

Some of the key players operating in the U.S. peripheral vascular device and accessories industry include Boston Scientific Corporation, Abbott, Koninklijke Philips N.V., Medtronic, BIOTRONIK SE & Co. KG, and BD. These companies are making significant infrastructure investments, enabling them to develop, manufacture, and commercialize many devices in the country.

In addition, companies enter into several strategic partnerships with distributors and other companies to expand their presence.

Key U.S. Peripheral Vascular Devices And Accessories Companies:

  • Abbott
  • Terumo Corporation
  • Nipro
  • Medtronic
  • Boston Scientific Corporation
  • Cordis
  • Koninklijke Philips N.V.,
  • AngioDynamics.
  • ASAHI INTECC CO., LTD.
  • BD
  • Teleflex Incorporated. (Biotronik)
  • Edward Lifesciences Corporation
  • B. Braun SE
  • W. L. Gore & Associates, Inc.
  • Merit Medical Systems, Inc.
  • Cook

Recent Developments

  • In February 2026, Nipro’s U.S.-based subsidiary Avantec Vascular (a Nipro company) received U.S. FDA 510(k) clearance for a new thrombectomy system designed to treat peripheral venous thrombus (For instance DVT). The device combines rotational and aspiration mechanisms to improve clot removal efficiency and reduce procedure time, strengthening Nipro’s position in minimally invasive peripheral vascular interventions.

  • In February 2026, AngioDynamics partnered with the PERT Consortium to launch the ALPHA-PE Research Fund, supporting physician-led research in pulmonary embolism and vascular thrombectomy care.

  • In November 2025, AngioDynamics received FDA IDE approval for the APEX-Return study, evaluating this system in combination with AlphaVac for vascular procedures.

  • In August 2025, Abbott revealed a key expansion by building a new cardiovascular device manufacturing facility in Georgia (U.S.), expected to be completed by 2028. This investment supports growing demand across vascular and structural heart devices and strengthens domestic production capacity.

U.S. Peripheral Vascular Devices And Accessories Market Report Scope

Report Attribute

Details

Market size value in 2026

USD 4.4 billion

Revenue forecast in 2033

USD 6.2 billion

Growth rate

CAGR of 5.1% from 2026 to 2033

Base year for estimation

2025

Historical data

2021 - 2024

Forecast period

2026 - 2033

Quantitative units

Revenue in USD million/billion, Unit Volume, In Thousand Units, and CAGR from 2026 to 2033

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, application, end use

Country scope

U.S.

Key companies profiled

Abbott; Terumo Corporation; Nipro; Medtronic; Boston Scientific Corporation; Cordis; Koninklijke Philips N.V.; AngioDynamics.; ASAHI INTECC CO.; LTD.; BD; Teleflex Incorporated. (Biotronik); Edward Lifesciences Corporation; B. Braun SE; W. L. Gore & Associates, Inc.; Merit Medical Systems, Inc.; Cook.

Customization scope

Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

U.S. Peripheral Vascular Devices And Accessories Market Report Segmentation

This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. peripheral vascular devices and accessories market report based on product, application, and end use:

  • Product Outlook (Revenue, USD Million, Unit Volume, In Thousand Units, 2021 - 2033)

    • Peripheral Stents

      • Iliac Artery Stents

      • Femoral Artery Stents

      • Carotid Artery Stents

      • Renal Artery Stents

      • Others

    • PTA Balloons

    • Catheters

      • Angiography Catheters

      • Guiding Catheters

      • IVUS/OCT Catheters

    • Endovascular Aneurysm Repair Stent Grafts

      • Thoracic Endovascular Aneurysm Stent Grafts

      • Abdominal Endovascular Aneurysm Stent Grafts

    • Plaque Modification Devices

      • Atherectomy Devices

      • Thrombectomy Devices

    • Peripheral Accessories

      • Guidewires

        • Workhorse Guidewires

        • Specialty Guidewires

        • Extra Support Guidewires

        • Frontline Finesse Guidewires

      • Peripheral Vascular Closure Devices

      • Balloon Inflation Devices

      • Introducer Sheaths

    • Inferior Vena Cava Filters

      • Permanent Filters

      • Retrievable Filters

    • Hemodynamic Flow Alteration Devices

      • Chronic Total Occlusion Devices

      • Embolic Protection Devices

  • Application Outlook (Revenue, USD Million, Unit Volume, In Thousand Units, 2021 - 2033)

    • Peripheral Arterial Disease (PAD)

    • Aneurysms

    • Venous Diseases

    • Others

  • End Use Outlook (Revenue, USD Million, Unit Volume, In Thousand Units, 2021 - 2033)

    • Hospitals

    • Ambulatory Surgical Centers

    • Others

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