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South Africa Peripheral Vascular Devices Market By Type (Angioplasty Balloons, Angioplasty Stents, Catheters, Guidewires, Others); By End-user (Hospitals, Ambulatory Surgical Centers, Specialty Clinics) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

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Published: | Report ID: 69343 | Report Format : PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2019-2022
Base Year 2023
Forecast Period 2024-2032
South Africa Peripheral Vascular Devices Market Size 2023 USD 429.74 million
South Africa Peripheral Vascular Devices Market, CAGR 7.17%
South Africa Peripheral Vascular Devices Market Size 2032 USD 747.54 million

Market Overview

The South Africa peripheral vascular devices market is projected to grow from USD 429.74 million in 2023 to USD 747.54 million by 2032, registering a CAGR of 7.17% during the forecast period.

The South Africa peripheral vascular devices market is driven by the rising prevalence of cardiovascular diseases, including peripheral artery disease (PAD), due to unhealthy lifestyles and increasing aging population. Growing awareness about early diagnosis and advanced treatment options significantly fuels market demand. The adoption of minimally invasive procedures, supported by technological advancements in devices such as drug-coated balloons, stents, and atherectomy systems, further enhances market growth. Additionally, supportive government healthcare initiatives and increased healthcare expenditure contribute to the market’s expansion. Key trends include a shift towards bioresorbable stents and the integration of imaging technologies for precise intervention. Partnerships between medical device companies and healthcare providers to improve accessibility and training programs also shape market dynamics. The continuous focus on research and development to introduce innovative, cost-effective devices tailored to local healthcare needs drives competition, positioning the market for sustained growth in the coming years.

The South Africa peripheral vascular devices market is primarily driven by urban regions like Gauteng and Western Cape, which host advanced healthcare infrastructure and a high concentration of hospitals and specialized clinics. These regions are expected to lead the demand for peripheral vascular treatments. Key players in the market include global medical device manufacturers such as Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, and Cook Medical, all of which have a significant presence in South Africa. These companies offer a wide range of innovative devices, including angioplasty balloons, stents, and catheters, to cater to the growing demand for vascular treatments. Local players are also gaining traction, supported by collaborations with healthcare providers to enhance accessibility to advanced treatments. The overall market is expected to expand as healthcare providers increasingly adopt minimally invasive procedures and advanced vascular technologies.

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Market Insights

  • The South Africa peripheral vascular devices market was valued at USD 429.74 million in 2023 and is projected to reach USD 747.54 million by 2032, growing at a CAGR of 7.17%.
  • Rising prevalence of cardiovascular diseases and increasing aging population are key drivers of market growth.
  • Technological advancements, such as minimally invasive procedures and bioresorbable stents, are shaping market trends.
  • Competitive players like Medtronic, Boston Scientific, and Abbott Laboratories dominate the market with their wide product portfolios.
  • High cost of advanced devices and limited healthcare access in rural areas pose significant market restraints.
  • Gauteng and Western Cape regions are leading in market demand, driven by robust healthcare infrastructure.
  • Government initiatives aimed at improving healthcare access and awareness are expected to further drive market expansion.

Market Drivers

Rising Prevalence of Cardiovascular Diseases

The increasing incidence of cardiovascular diseases, particularly peripheral artery disease (PAD), is one of the primary drivers of the South Africa peripheral vascular devices market. As a result of sedentary lifestyles, poor dietary habits, and an aging population, the prevalence of vascular conditions has surged in recent years. This has led to a higher demand for advanced peripheral vascular devices that aid in diagnosing, treating, and managing these diseases. For instance, cardiovascular diseases account for almost a fifth of all deaths in South Africa, with 18% of the population affected by related risk factors such as hypertension and obesity. Early detection and treatment have become crucial, prompting patients and healthcare providers to seek innovative medical devices to address these conditions.

Supportive Government Initiatives

South African government policies that prioritize healthcare access and infrastructure development contribute to the growth of the peripheral vascular devices market. Increased government expenditure on healthcare services, along with initiatives aimed at improving cardiovascular health awareness, supports the adoption of advanced medical technologies. For instance, the National Health Insurance (NHI) initiative aims to improve healthcare access and equity, with significant funds allocated to enhance healthcare infrastructure and services. Additionally, regulatory support for the approval of new medical devices facilitates the market entry of innovative products, further stimulating growth in the sector.

Advancements in Medical Technology

Technological advancements have significantly influenced the growth of the peripheral vascular devices market in South Africa. The development of minimally invasive techniques, such as balloon angioplasty, drug-coated stents, and atherectomy devices, has revolutionized treatment methods for PAD. These technologies offer faster recovery times, reduced risks, and better outcomes compared to traditional open surgeries. Moreover, improvements in materials, device durability, and precision, particularly with drug-eluting and bioresorbable stents, have enhanced the effectiveness of vascular interventions, driving demand for advanced devices.

Growing Focus on Preventive Healthcare

An increasing focus on preventive healthcare is another significant driver for the peripheral vascular devices market in South Africa. As awareness about cardiovascular diseases rises, both the public and healthcare providers are emphasizing early detection and intervention. This has led to a growing demand for diagnostic and therapeutic devices to prevent the progression of PAD and other vascular diseases. For instance, the South African government’s National Strategic Plan for the Prevention and Control of Non-Communicable Diseases aims to improve early detection and management of conditions like hypertension and diabetes. Alongside this, initiatives promoting lifestyle changes and the management of risk factors such as hypertension, diabetes, and obesity encourage more patients to seek medical attention early, fostering growth in the market for vascular devices.

Market Trends

Increasing Adoption of Minimally Invasive Procedures

A prominent trend in the South Africa peripheral vascular devices market is the growing preference for minimally invasive procedures. These procedures, which involve smaller incisions and shorter recovery times, are gaining traction due to their reduced risk of complications and faster patient recovery. Techniques such as balloon angioplasty, stenting, and atherectomy are becoming more widely used to treat peripheral artery disease (PAD) and other vascular conditions. For instance, a study on minimally invasive cardiac surgery in Africa reported that a significant portion of cardiac surgeries, including those in South Africa, are now performed minimally invasively. As a result, there is a rising demand for specialized peripheral vascular devices that enable these procedures, driving market growth.

Shift Towards Bioresorbable and Drug-Eluting Devices

The market is witnessing a shift towards the use of bioresorbable and drug-eluting devices, which are designed to provide better long-term outcomes. Bioresorbable stents, which dissolve over time, are gaining popularity as they reduce the risk of restenosis and eliminate the need for long-term device implantation. Drug-eluting devices, particularly drug-coated balloons and stents, continue to see increased adoption due to their ability to release therapeutic agents that prevent artery re-narrowing. These trends indicate a move toward more effective and patient-friendly vascular interventions.

Integration of Advanced Imaging Technologies

Another key trend is the integration of advanced imaging technologies into peripheral vascular procedures. Technologies such as intravascular ultrasound (IVUS), optical coherence tomography (OCT), and angiography are becoming essential tools for diagnosing and guiding vascular interventions. These technologies enable physicians to obtain real-time, high-resolution images of blood vessels, improving the accuracy of procedures and patient outcomes. As imaging techniques continue to evolve, their integration into vascular treatments will drive further demand for peripheral vascular devices.

Collaboration Between Healthcare Providers and Device Manufacturers

The trend of collaboration between healthcare providers and device manufacturers is becoming more prevalent in South Africa. Medical device companies are partnering with hospitals and clinics to improve access to advanced vascular treatments and provide training for healthcare professionals. These collaborations aim to ensure the effective use of cutting-edge peripheral vascular devices and expand their reach within underserved areas. For instance, a report on the health technology sector in South Africa highlighted the importance of collaboration between healthcare providers and device manufacturers to improve access to advanced treatments. By enhancing accessibility and clinical expertise, these partnerships contribute to the overall growth of the peripheral vascular devices market in the country.

Market Challenges Analysis

High Cost of Advanced Medical Devices

One of the primary challenges facing the South Africa peripheral vascular devices market is the high cost of advanced medical devices. Many of the latest technologies, such as drug-eluting stents, bioresorbable devices, and advanced diagnostic tools, can be prohibitively expensive. This cost barrier limits access to these innovative treatments, particularly in rural and underdeveloped areas where healthcare budgets are constrained. While the demand for advanced vascular devices is rising, the affordability issue remains a significant obstacle, especially in a market with a significant population experiencing low to middle-income levels. Additionally, the high cost of training healthcare professionals to use these sophisticated devices further exacerbates the problem, preventing widespread adoption in certain regions.

Regulatory and Reimbursement Challenges

Regulatory hurdles and reimbursement challenges are also major issues for the peripheral vascular devices market in South Africa. The approval process for medical devices can be lengthy and complex, creating delays in market entry for new products. This is especially concerning in a rapidly evolving market where innovation is key to meeting growing demand. Furthermore, reimbursement policies for vascular devices are not always favorable, which can hinder patients’ access to necessary treatments. Inadequate insurance coverage and limited government-funded healthcare programs for advanced vascular procedures can deter both patients and healthcare providers from adopting newer technologies. For instance, the South African Health Products Regulatory Authority (SAHPRA) has a rigorous approval process that can delay the introduction of new medical devices. These regulatory and reimbursement challenges present significant barriers to the market’s growth and the widespread utilization of advanced peripheral vascular devices.

Market Opportunities

The South Africa peripheral vascular devices market presents several key opportunities for growth, driven by the increasing prevalence of cardiovascular diseases, particularly peripheral artery disease (PAD). With the rising aging population and lifestyle-related risk factors such as diabetes, hypertension, and obesity, the demand for advanced vascular treatments is expected to rise. This offers significant opportunities for manufacturers to expand their product offerings, especially in the areas of drug-eluting stents, atherectomy devices, and balloon angioplasty systems. Additionally, the growing trend of minimally invasive procedures provides a favorable market environment for devices that support these techniques, creating opportunities for the introduction of innovative, cost-effective solutions to address the local healthcare needs.

Another promising opportunity lies in the potential for technological advancements in diagnostic and treatment devices. The integration of imaging technologies such as intravascular ultrasound (IVUS) and optical coherence tomography (OCT) into vascular procedures offers a pathway to improved accuracy and patient outcomes. As healthcare infrastructure continues to evolve, particularly in rural and underserved areas, there is ample scope for device manufacturers to establish strategic partnerships with local hospitals and clinics to enhance accessibility. Additionally, government initiatives aimed at expanding healthcare access and awareness about vascular diseases present an opportunity for stakeholders to collaborate on public health campaigns, further driving market demand for peripheral vascular devices. These opportunities, combined with the evolving medical landscape, offer substantial growth potential for players in the South African market.

Market Segmentation Analysis:

By Type:

The South Africa peripheral vascular devices market is segmented by type into angioplasty balloons, angioplasty stents, catheters, guidewires, and others. Among these, angioplasty balloons and stents dominate the market due to their widespread use in treating peripheral artery disease (PAD) through minimally invasive procedures. Angioplasty balloons are used for vessel dilation, while stents are deployed to maintain blood vessel patency. As PAD prevalence rises, the demand for these devices continues to grow. Catheters and guidewires are essential for guiding the intervention and ensuring precise treatment delivery, driving their increasing adoption. The “others” category includes devices such as atherectomy systems, which are gaining popularity for plaque removal in obstructed arteries. With continuous technological advancements, these devices are becoming more efficient, patient-friendly, and effective, catering to the expanding demand in the vascular treatment landscape.

By End-user:

The market is also segmented by end-user into hospitals, ambulatory surgical centers (ASCs), and specialty clinics. Hospitals are the largest end-user segment, driven by their comprehensive infrastructure and resources to handle complex peripheral vascular procedures. The growing preference for minimally invasive treatments within hospitals has bolstered the demand for peripheral vascular devices. Ambulatory surgical centers, offering more cost-effective and convenient alternatives for patients, are gaining traction, especially for less complex procedures. Their demand for peripheral vascular devices is expected to grow as patients increasingly opt for outpatient procedures. Specialty clinics focusing on vascular care are another key end-user segment, benefiting from their tailored services and expertise in treating vascular diseases. As these clinics expand, the demand for high-quality, specialized devices is likely to increase, creating a strong market opportunity in the segment.

Segments:

Based on Type:

  • Angioplasty Balloons
  • Angioplasty Stents
  • Catheters
  • Guidewires
  • Others

Based on End-user:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

Based on the Geography:

  • Gauteng
  • Western Cape
  • KwaZulu-Natal
  • Eastern Cape

Regional Analysis

Gauteng

Gauteng leads the market with the highest share, accounting for approximately 45% of the market in 2023. This region’s dominance is driven by its high population density, advanced healthcare infrastructure, and the presence of major hospitals and healthcare institutions. Gauteng’s large urban centers, such as Johannesburg and Pretoria, serve as the primary hubs for vascular treatment and intervention, which directly fuels the demand for peripheral vascular devices. The region’s medical professionals and hospitals are equipped with the latest technology, further driving the adoption of advanced vascular treatment solutions.

Western Cape Region

The Western Cape region follows with a notable market share of around 30%. Cape Town, being the major city in this region, plays a crucial role in the demand for peripheral vascular devices. Western Cape is known for its robust healthcare facilities, which attract both local and international patients for specialized treatments, including peripheral vascular procedures. The growing awareness about vascular diseases, supported by well-established healthcare systems and access to specialized treatment centers, has contributed to the region’s market growth. Furthermore, the increasing focus on preventive healthcare and vascular diagnostics in Western Cape is expected to drive the demand for advanced vascular devices in the coming years.

KwaZulu-Natal Region

KwaZulu-Natal contributes approximately 15% to the South Africa peripheral vascular devices market. While not as dominant as Gauteng and Western Cape, this region is witnessing steady growth due to increasing healthcare access and infrastructure development. The city of Durban, as the largest urban area in KwaZulu-Natal, is the primary center for vascular treatment, with several hospitals and specialized clinics offering advanced services. The rising incidence of cardiovascular diseases, coupled with a growing aging population, is leading to a higher demand for vascular interventions. Additionally, the region’s healthcare sector is receiving substantial investments, which are expected to enhance the availability and adoption of advanced peripheral vascular devices in the near future.

Eastern Cape Region

The Eastern Cape holds a smaller market share, estimated at about 10%. Despite being a less dominant player in the South African peripheral vascular devices market, the region is experiencing gradual growth driven by improvements in healthcare access, especially in major cities like Port Elizabeth and East London. The increasing focus on addressing cardiovascular diseases, particularly within rural areas, is contributing to the growth of vascular interventions in this region. As healthcare infrastructure continues to improve and more specialized centers emerge, the demand for peripheral vascular devices in Eastern Cape is expected to increase. However, challenges related to economic constraints and healthcare resource distribution remain, limiting the full market potential in this region.

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Key Player Analysis

  • Medtronic plc
  • Boston Scientific Corporation
  • Abbott Laboratories
  • Cook Medical
  • Terumo Corporation
  • Becton, Dickinson and Company
  • Cardinal Health
  • Biotronik SE & Co. KG
  • AngioDynamics, Inc.
  • L. Gore & Associates, Inc.

Competitive Analysis

The South Africa peripheral vascular devices market is highly competitive, with several global and local players driving innovation and expanding their market presence. Leading players in the market include Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Cook Medical, Terumo Corporation, Becton, Dickinson and Company, Cardinal Health, Biotronik SE & Co. KG, AngioDynamics, Inc., and W. L. Gore & Associates, Inc. Companies in the market focus on continuous innovation and the development of advanced technologies to improve patient outcomes, such as drug-eluting stents, angioplasty balloons, and minimally invasive devices. Competitive strategies are centered on product differentiation, technological advancements, and effective distribution networks, ensuring accessibility in key urban regions. The market is also characterized by partnerships between medical device manufacturers and healthcare providers, aimed at improving the reach of advanced vascular treatments. Local players are increasingly focusing on offering cost-effective solutions, addressing the need for affordable and accessible healthcare, especially in underserved regions. Regulatory approval processes and reimbursement challenges are key factors influencing competitive dynamics, as companies strive to navigate these hurdles to expand their market share. For instance, collaborations between healthcare providers and device manufacturers in South Africa have been instrumental in improving access to advanced treatments and training healthcare professionals. Additionally, the growing emphasis on preventive healthcare and early diagnosis has intensified the competition, pushing companies to enhance their offerings and align with evolving healthcare trends in the country.

Recent Developments

  • In December 2024, Terumo Interventional Systems launched the R2P™ NaviCross® peripheral support catheter in the U.S. This catheter is designed for enhanced performance in radial-to-peripheral procedures, addressing the need for advanced tools in treating PAD and critical limb ischemia.
  • In October 2024, BD was highlighted as a key player in the peripheral vascular devices market forecast report. While specific recent product launches were not detailed, BD’s ongoing commitment to R&D and innovation positions it strongly within this competitive landscape.
  • In June 2023, Cook Medical announced new size options for its Advance Serenity PTA Balloon Catheter, used for treating peripheral artery disease (PAD).
  • In June 2023, Biotronik launched the Oscar multifunctional peripheral catheter, designed for dilation of stenotic segments in peripheral vessels. The device features user-adjustable components and aims to improve procedural efficiency in treating peripheral arterial disease.

Market Concentration & Characteristics

The market concentration of South Africa’s peripheral vascular devices sector is moderately fragmented, with a mix of global players and local manufacturers competing for market share. While multinational corporations dominate the higher-end market segments, offering advanced technologies like drug-eluting stents and bioresorbable devices, local companies are emerging with more cost-effective solutions aimed at increasing device accessibility in underserved regions. The presence of both large and small companies fosters a competitive environment, driving innovation and improving treatment outcomes for vascular diseases. In terms of characteristics, the market is marked by a strong focus on technological advancements and minimally invasive procedures, which have gained significant traction in the treatment of peripheral artery disease and other vascular conditions. This trend is bolstered by the increasing demand for effective, patient-friendly treatment options that minimize recovery time and healthcare costs. Additionally, regulatory requirements and reimbursement challenges significantly influence market dynamics, as companies must navigate these barriers to enter and expand in the market. Overall, the market’s competitive nature encourages continuous innovation and strategic partnerships, as players work to enhance their product portfolios and strengthen their presence in the rapidly growing vascular treatment sector in South Africa.

Report Coverage

The research report offers an in-depth analysis based on Type, End-user and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The South Africa peripheral vascular devices market is expected to grow steadily, driven by an aging population and increasing prevalence of vascular diseases.
  2. Technological advancements, particularly in minimally invasive procedures, will continue to shape the market’s future landscape.
  3. Demand for drug-eluting stents, bioresorbable devices, and atherectomy systems is anticipated to rise due to their effectiveness in treating complex vascular conditions.
  4. The adoption of integrated diagnostic tools such as IVUS and OCT will improve treatment outcomes and drive the demand for advanced vascular devices.
  5. Growth in healthcare infrastructure, especially in rural areas, will expand access to peripheral vascular treatments and devices.
  6. Cost-effective solutions will become more prominent as local manufacturers seek to address affordability concerns in underserved regions.
  7. Partnerships between global players and local healthcare providers will increase to enhance device availability and improve market penetration.
  8. Regulatory processes are expected to streamline, facilitating quicker access to innovative devices in the South African market.
  9. Rising awareness and government healthcare initiatives will contribute to greater patient education and demand for early-stage vascular treatments.
  10. The market will see continued competition, encouraging ongoing innovation, cost reduction, and the development of specialized devices to meet the evolving needs of patients and healthcare providers.

CHAPTER NO. 1 : INTRODUCTION 19

1.1.1. Report Description 19

Purpose of the Report 19

USP & Key Offerings 19

1.1.2. Key Benefits for Stakeholders 19

1.1.3. Target Audience 20

1.1.4. Report Scope 20

CHAPTER NO. 2 : EXECUTIVE SUMMARY 21

2.1. Peripheral Vascular Devices Market Snapshot 21

2.1.1. South Africa Peripheral Vascular Devices Market, 2018 – 2032 (USD Million) 22

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 23

3.1. Russia-Ukraine and Israel-Palestine War Impacts 23

CHAPTER NO. 4 : PERIPHERAL VASCULAR DEVICES MARKET – INDUSTRY ANALYSIS 24

4.1. Introduction 24

4.2. Market Drivers 25

4.2.1. Increasing prevalence of peripheral artery disease and other vascular conditions 25

4.2.2. Technological advancements in minimally invasive procedures 26

4.3. Market Restraints 27

4.3.1. High cost of peripheral vascular devices and associated procedures 27

4.4. Market Opportunities 28

4.4.1. Growing demand for peripheral vascular devices in emerging economies 28

4.5. Porter’s Five Forces Analysis 29

4.6. Buying Criteria 30

CHAPTER NO. 5 : IMPORT EXPORT ANALYSIS 31

5.1. Import Analysis by South Africa 31

5.1.1. South Africa Peripheral Vascular Devices Market Import Volume/Revenue, By South Africa, 2018 – 2023 31

5.2. Export Analysis by South Africa 32

5.2.1. South Africa Peripheral Vascular Devices Market Export Volume/Revenue, By South Africa, 2018 – 2023 32

CHAPTER NO. 6 : DEMAND SUPPLY ANALYSIS 33

6.1. Demand Analysis by South Africa 33

6.1.1. South Africa Peripheral Vascular Devices Market Demand Volume/Revenue, By South Africa, 2018 – 2023 33

6.2. Supply Analysis by South Africa 34

6.2.1. South Africa Peripheral Vascular Devices Market Supply Volume/Revenue, By South Africa, 2018 – 2023 34

CHAPTER NO. 7 : PRODUCTION ANALYSIS 35

7.1. Production Analysis by South Africa 35

7.1.1. South Africa Peripheral Vascular Devices Market Production Volume/Revenue, By South Africa, 2018 – 2023 35

CHAPTER NO. 8 : PRICE ANALYSIS 36

8.1. Price Analysis by Type 36

8.1.1. South Africa Peripheral Vascular Devices Market Price, By Type, 2018 – 2023 36

8.1.2. South Africa Type Market Price, By Type, 2018 – 2023 36

CHAPTER NO. 9 : RAW MATERIALS ANALYSIS 37

9.1. Key Raw Materials and Suppliers 37

9.2. Key Raw Materials Price Trend 37

CHAPTER NO. 10 : MANUFACTURING COST ANALYSIS 38

10.1. Manufacturing Cost Analysis 38

10.2. Manufacturing Process 38

CHAPTER NO. 11 : ANALYSIS COMPETITIVE LANDSCAPE 39

11.1. Company Market Share Analysis – 2023 39

11.2. Value Chain Analysis 39

11.2.1. South Africa Peripheral Vascular Devices Market: Company Market Share, by Volume, 2023 40

11.2.2. South Africa Peripheral Vascular Devices Market: Company Market Share, by Revenue, 2023 41

11.2.3. South Africa Peripheral Vascular Devices Market: Top 6 Company Market Share, by Revenue, 2023 41

11.2.4. South Africa Peripheral Vascular Devices Market: Top 3 Company Market Share, by Revenue, 2023 42

11.3. South Africa Peripheral Vascular Devices Market Company Volume Market Share, 2023 43

11.4. South Africa Peripheral Vascular Devices Market Company Revenue Market Share, 2023 44

11.5. Company Assessment Metrics, 2023 44

11.5.1. Stars 44

11.5.2. Emerging Leaders 44

11.5.3. Pervasive Players 44

11.5.4. Participants 44

11.6. Start-ups /SMEs Assessment Metrics, 2023 44

11.6.1. Progressive Companies 44

11.6.2. Responsive Companies 45

11.6.3. Dynamic Companies 45

11.6.4. Starting Blocks 45

11.7. Strategic Developments 46

11.7.1. Acquisitions & Mergers 46

New Product Launch 46

South Africa Expansion 46

11.8. Key Players Product Matrix 47

CHAPTER NO. 12 : PESTEL & ADJACENT MARKET ANALYSIS 48

12.1. PESTEL 48

12.1.1. Political Factors 48

12.1.2. Economic Factors 48

12.1.3. Social Factors 48

12.1.4. Technological Factors 48

12.1.5. Environmental Factors 48

12.1.6. Legal Factors 48

12.2. Adjacent Market Analysis 48

CHAPTER NO. 13 : PERIPHERAL VASCULAR DEVICES MARKET – BY TYPE SEGMENT ANALYSIS 49

13.1. Peripheral Vascular Devices Market Overview, by Type Segment 49

13.1.1. Peripheral Vascular Devices Market Revenue Share, By Type, 2023 & 2032 50

13.1.2. Peripheral Vascular Devices Market Attractiveness Analysis, By Type 51

13.1.3. Incremental Revenue Growth Opportunity, by Type, 2024 – 2032 51

13.1.4. Peripheral Vascular Devices Market Revenue, By Type, 2018, 2023, 2027 & 2032 52

13.2. Angioplasty Balloons 53

13.3. Angioplasty Stents 54

13.4. Catheters 55

13.5. Guidewires 56

13.6. Others 57

CHAPTER NO. 14 : PERIPHERAL VASCULAR DEVICES MARKET – BY END-USER SEGMENT ANALYSIS 58

14.1. Peripheral Vascular Devices Market Overview, by End-user Segment 58

14.1.1. Peripheral Vascular Devices Market Revenue Share, By End-user, 2023 & 2032 59

14.1.2. Peripheral Vascular Devices Market Attractiveness Analysis, By End-user 60

14.1.3. Incremental Revenue Growth Opportunity, by End-user, 2024 – 2032 60

14.1.4. Peripheral Vascular Devices Market Revenue, By End-user, 2018, 2023, 2027 & 2032 61

14.2. Hospitals 62

14.3. Ambulatory Surgical Centers 63

14.4. Specialty Clinics 64

CHAPTER NO. 15 : PERIPHERAL VASCULAR DEVICES MARKET – SOUTH AFRICA ANALYSIS 65

15.1. Type 65

15.1.1. South Africa Peripheral Vascular Devices Market Revenue, By Type, 2018 – 2023 (USD Million) 65

15.2. South Africa Peripheral Vascular Devices Market Revenue, By Type, 2024 – 2032 (USD Million) 65

15.3. End-user 66

15.3.1. South Africa Peripheral Vascular Devices Market Revenue, By End-user, 2018 – 2023 (USD Million) 66

15.3.2. South Africa Peripheral Vascular Devices Market Revenue, By End-user, 2024 – 2032 (USD Million) 66

CHAPTER NO. 16 : COMPANY PROFILES 67

16.1. Medtronic plc 67

16.1.1. Company Overview 67

16.1.2. Product Portfolio 67

16.1.3. Swot Analysis 67

16.1.4. Business Strategy 68

16.1.5. Financial Overview 68

16.2. Boston Scientific Corporation 69

16.3. Abbott Laboratories 69

16.4. Cook Medical 69

16.5. Terumo Corporation 69

16.6. Becton, Dickinson and Company 69

16.7. Cardinal Health 69

16.8. Biotronik SE & Co. KG 69

16.9. AngioDynamics, Inc. 69

16.10. W. L. Gore & Associates, Inc. 69

List of Figures

FIG NO. 1. South Africa Peripheral Vascular Devices Market Revenue, 2018 – 2032 (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for South Africa Peripheral Vascular Devices Market 29

FIG NO. 3. South Africa Peripheral Vascular Devices Market Import Volume/Revenue, By South Africa, 2018 – 2023 31

FIG NO. 4. South Africa Peripheral Vascular Devices Market Export Volume/Revenue, By South Africa, 2018 – 2023 32

FIG NO. 5. South Africa Peripheral Vascular Devices Market Demand Volume/Revenue, By South Africa, 2018 – 2023 33

FIG NO. 6. South Africa Peripheral Vascular Devices Market Supply Volume/Revenue, By South Africa, 2018 – 2023 34

FIG NO. 7. South Africa Peripheral Vascular Devices Market Production Volume/Revenue, By South Africa, 2018 – 2023 35

FIG NO. 8. South Africa Peripheral Vascular Devices Market Price, By Type, 2018 – 2023 36

FIG NO. 9. Raw Materials Price Trend Analysis, 2018 – 2023 37

FIG NO. 10. Manufacturing Cost Analysis 38

FIG NO. 11. Manufacturing Process 38

FIG NO. 12. Value Chain Analysis for South Africa Peripheral Vascular Devices Market 39

FIG NO. 13. Company Share Analysis, 2023 40

FIG NO. 14. Company Share Analysis, 2023 41

FIG NO. 15. Company Share Analysis, 2023 41

FIG NO. 16. Company Share Analysis, 2023 42

FIG NO. 17. Peripheral Vascular Devices Market – Company Volume  Market Share, 2023 43

FIG NO. 18. Peripheral Vascular Devices Market – Company Revenue Market Share, 2023 44

FIG NO. 19. Peripheral Vascular Devices Market Revenue Share, By Type, 2023 & 2032 50

FIG NO. 20. Market Attractiveness Analysis, By Type 51

FIG NO. 21. Incremental Revenue Growth Opportunity by Type, 2024 – 2032 51

FIG NO. 22. Peripheral Vascular Devices Market Revenue, By Type, 2018, 2023, 2027 & 2032 52

FIG NO. 23. South Africa Peripheral Vascular Devices Market for Angioplasty Balloons, Revenue (USD Million) 2018 – 2032 53

FIG NO. 24. South Africa Peripheral Vascular Devices Market for Angioplasty Stents, Revenue (USD Million) 2018 – 2032 54

FIG NO. 25. South Africa Peripheral Vascular Devices Market for Catheters, Revenue (USD Million) 2018 – 2032 55

FIG NO. 26. South Africa Peripheral Vascular Devices Market for Guidewires, Revenue (USD Million) 2018 – 2032 56

FIG NO. 27. South Africa Peripheral Vascular Devices Market for Others, Revenue (USD Million) 2018 – 2032 57

FIG NO. 28. Peripheral Vascular Devices Market Revenue Share, By End-user, 2023 & 2032 59

FIG NO. 29. Market Attractiveness Analysis, By End-user 60

FIG NO. 30. Incremental Revenue Growth Opportunity by End-user, 2024 – 2032 60

FIG NO. 31. Peripheral Vascular Devices Market Revenue, By End-user, 2018, 2023, 2027 & 2032 61

FIG NO. 32. South Africa Peripheral Vascular Devices Market for Hospitals, Revenue (USD Million) 2018 – 2032 62

FIG NO. 33. South Africa Peripheral Vascular Devices Market for Ambulatory Surgical Centers, Revenue (USD Million) 2018 – 2032 63

FIG NO. 34. South Africa Peripheral Vascular Devices Market for Specialty Clinics, Revenue (USD Million) 2018 – 2032 64

List of Tables

TABLE NO. 1. : South Africa Peripheral Vascular Devices Market: Snapshot 21

TABLE NO. 2. : Drivers for the Peripheral Vascular Devices Market: Impact Analysis 25

TABLE NO. 3. : Restraints for the Peripheral Vascular Devices Market: Impact Analysis 27

TABLE NO. 4. : South Africa Peripheral Vascular Devices Market Revenue, By Type, 2018 – 2023 36

TABLE NO. 5. : Key Raw Materials & Suppliers 37

TABLE NO. 6. : South Africa Peripheral Vascular Devices Market Revenue, By Type, 2018 – 2023 (USD Million) 65

TABLE NO. 7. : South Africa Peripheral Vascular Devices Market Revenue, By Type, 2024 – 2032 (USD Million) 65

TABLE NO. 8. : South Africa Peripheral Vascular Devices Market Revenue, By End-user, 2018 – 2023 (USD Million) 66

TABLE NO. 9. : South Africa Peripheral Vascular Devices Market Revenue, By End-user, 2024 – 2032 (USD Million) 66

 

Frequently Asked Questions

What is the current size of the South Africa Peripheral Vascular Devices Market?

The South Africa Peripheral Vascular Devices market was valued at USD 429.74 million in 2023 and is projected to grow to USD 747.54 million by 2032, registering a CAGR of 7.17% during the forecast period.

What factors are driving the growth of the South Africa Peripheral Vascular Devices Market?

Key growth drivers include the rising prevalence of cardiovascular diseases, increasing aging population, adoption of minimally invasive procedures, and advancements in devices like drug-coated balloons and bioresorbable stents. Government healthcare initiatives and improved awareness about early diagnosis and treatment also contribute to market expansion.

What are the key segments within the South Africa Peripheral Vascular Devices Market?

The market is segmented by type into angioplasty balloons, angioplasty stents, catheters, guidewires, and others. By end-user, it is categorized into hospitals, ambulatory surgical centers (ASCs), and specialty clinics. Geographically, key regions include Gauteng, Western Cape, KwaZulu-Natal, and Eastern Cape.

Who are the major players in the South Africa Peripheral Vascular Devices Market?

Major players include Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Cook Medical, Terumo Corporation, Becton, Dickinson and Company, Cardinal Health, Biotronik SE & Co. KG, AngioDynamics, Inc., and W. L. Gore & Associates, Inc. These companies focus on innovation, partnerships, and expanding their distribution networks.

South Africa Soldier Modernization Market

Published:
Report ID: 75271

South Africa Grid Modernization Market

Published:
Report ID: 75268

South Korea Data Center Processor Market

Published:
Report ID: 74980

South Africa Data Center Physical Security Market

Published:
Report ID: 74977

South Korea Interior Design Market

Published:
Report ID: 74659

South Africa Interior Design Market

Published:
Report ID: 74620

South Korea Sports Tourism Market

Published:
Report ID: 74417

South Africa Data Center Processor Market,

Published:
Report ID: 73795

South Korea Data Center Physical Security Market

Published:
Report ID: 73753

Internal Radiation Therapy Market

Published:
Report ID: 75411

Image Guided Radiotherapy Market

Published:
Report ID: 75382

Flat Panel X-Ray Detectors Market

Published:
Report ID: 74896

Hemostasis Testing Systems Market

Published:
Report ID: 74856

Cardiac Ultrasound Systems Market

Published:
Report ID: 74702

Aesthetic Medical Devices Market

Published:
Report ID: 74587

Italy Diabetes Care Devices Market

Published:
Report ID: 64898

Transplant Monitoring Kits Market

Published:
Report ID: 74464

Malignant Pleural Effusion Market

Published:
Report ID: 74366

Angiography Imaging Systems Market

Published:
Report ID: 74155

Electrosurgery Accessories Market

Published:
Report ID: 74130

Digital Psychotherapeutics Market

Published:
Report ID: 73007

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