Peripheral vascular devices market to hit $13.22B by 2031, driven by aging and tech advances

The global peripheral vascular devices market is projected to grow from $10.02 billion in 2026 to $13.22 billion by 2031, at a CAGR of 5.7%. Growth is fueled by rising cases of vascular disorders linked to aging, diabetes, and lifestyle factors, alongside innovations in minimally invasive devices like drug-coated balloons and next-gen stents. The Asia Pacific region, led by China, India, and Japan, is expected to see the fastest growth due to improving healthcare infrastructure and increased awareness. Ambulatory surgical centers are also driving market expansion by facilitating outpatient procedures with favorable reimbursement policies.