Peripheral Vascular Stents Market Poised for Growth Driven by Increasing Disease Burden and Technological Advances
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Peripheral vascular diseases (PVDs) on the rise, driving need for innovative solutions like peripheral vascular stents.
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Peripheral vascular stents market projected to hit $2.97 billion by 2030 with a 7.4% CAGR from 2023 onwards.
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Technological innovations like Cordis' S.M.A.R.T. RADIANZ Vascular Stent System approved in 2022 revolutionizing cardiovascular care.
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Drug-eluting stents held the largest market share in 2022 at 60.52% due to ability to reduce restenosis and adverse events.
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North America led geographically with 43.79% market share in 2022, owing to advanced healthcare infrastructure and expertise.