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The Latin America Peripheral Vascular Devices Market was valued at $748.1 Million in 2026 and projected to reach to $943.9 Million by 2031, representing a compound annual growth rate of 4.8%. Latin America's peripheral vascular devices market is positioned for steady growth over the forecast period, driven by demographic shifts toward an aging population and the corresponding increase in peripheral arterial disease cases.

Latin America Peripheral Vascular Devices Market (2026-2031) : Size and Share
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Market Size in USD 26.32 MN
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Latin America Peripheral Vascular Devices Market Trends and Insights

  • Latin America's market expansion is driven by increasing prevalence of peripheral arterial disease, rising geriatric populations, and improving healthcare infrastructure across the region.
  • Latin America continues to invest in advanced vascular intervention technologies, though adoption rates remain below developed markets due to cost and reimbursement constraints. Latin America's peripheral vascular devices sector benefits from growing awareness of minimally invasive procedures and expanding access to diagnostic imaging.
  • Latin America's healthcare systems are gradually modernizing, with key markets including Brazil, Mexico, and Colombia leading device adoption.
  • The forecast period through 2031 reflects Latin America's steady but measured growth trajectory, supported by regulatory improvements and increasing partnerships between local healthcare providers and international device manufacturers..

Key Market Statistics

  • CAGR (2026-2031) 4.8% CAGR
  • Market Size, 2026 ~USD 748.1 Million
  • Forecast, 2031 ~USD 943.9 Million
  • Geography Latin America

Latin America Peripheral Vascular Devices Market Overview

Market Growth Trajectory :

Latin America's peripheral vascular devices market is projected to grow from USD 748.1 million in 2026 to USD 943.9 million by 2031, with a steady CAGR of 4.8%, reflecting sustained demand for vascular interventions across the region.

Aging Population Driving Demand :

Rising geriatric populations across Latin America are significantly increasing the prevalence of peripheral arterial disease, creating substantial opportunities for peripheral vascular device manufacturers and healthcare providers.

Healthcare Infrastructure Improvements :

Expanding healthcare infrastructure and increasing investment in medical technology across Latin American countries are enhancing access to advanced peripheral vascular devices and treatment options.

Regional Market Leaders :

Brazil and Mexico represent the largest markets in Latin America for peripheral vascular devices, accounting for a significant share of regional demand due to their larger patient populations and developed healthcare systems.

Latin America Peripheral Vascular Devices Market Dynamics

  • Healthcare modernization initiatives across major Latin American economies are improving patient access to advanced vascular interventions, supporting market expansion.
  • The region's growing middle class and increased healthcare spending are enabling wider adoption of innovative peripheral vascular technologies.
  • However, economic variability and healthcare budget constraints in some countries may moderate growth rates compared to developed markets.
  • Strategic partnerships and localized product offerings will be critical for manufacturers seeking to capture market share in this evolving landscape..

Related Ecosystem

Cardiovascular Devices

Top Technologies
  • External Defibrillators
  • Implantable Cardioverter Defibrillators
  • Pulse Oximeters
  • Robotic Systems
  • 3-Lead ECG Leadwires
Top Companies
  • Medtronic plc
  • Boston Scientific Corporation
  • Abbott Laboratories
  • KONINKLIJKE PHILIPS N.V.
  • Terumo Corporation

    Medical Devices

    Top Technologies
    • Polymerase Chain Reaction (PCR)
    • Magnetic Resonance Imaging (MRI)
    • Disposable Autoinjectors
    • Pulse Oximeters
    • Blood Pressure Monitors
    Top Companies
    • Medtronic plc
    • Abbott Laboratories
    • Stryker Corporation
    • Becton, Dickinson and Company
    • CONMED Corporation

      Key Takeaways

      • Latin America's peripheral vascular devices market is valued at USD 748.1 million in 2026 and will reach USD 943.9 million by 2031 at a 4.8% CAGR.
      • Latin America's growth is driven by rising peripheral arterial disease prevalence, aging demographics, and modernizing healthcare infrastructure.
      • Latin America faces adoption barriers including cost sensitivity, reimbursement limitations, and uneven access to advanced technologies across countries.
      • Latin America's key markets—Brazil, Mexico, and Colombia—are leading regional expansion through increased minimally invasive procedure adoption.

      Peripheral Vascular Devices Market Report Scope

      Report Metric Details
      Base Year 2026
      Fastest Growing Segment HEMODYNAMIC FLOW ALTERATION DEVICES (Type)
      Forecast Period 2026–2031
      Growth Rate CAGR of 5.7% from 2026 to 2031
      Largest Segment HOSPITALS (End User)
      Market Size Base Year (Billions) ~USD 10.02 (2026)
      Revenue Forecast (Billions) ~USD 13.22 (2031)
      Segments Covered Type, Delivery Platform, End User, Product Type

      Latin America Peripheral Vascular Devices Market Report Segmentation

      4 segment dimensions are covered across the global market.

      By Type

      • Abdominal Aortic Aneurysm Stent Grafts
      • Abdominal Aortic Aneurysm Stent-Grafts
      • Angiography Catheters
      • Angioplasty Balloons
      • Angioplasty Stents
      • Atherectomy Devices
      • Ballon Inflation Devices
      • Balloon Inflation Devices
      • Balloon-Expandable Stents
      • Bare Metal Stents
      • Bare-Metal Stents
      • Catheters
      • Chronic Total Occlusion Devices
      • Cutting & Scoring Balloons
      • Cutting And Scoring Ballons
      • Cutting And Scoring Balloons
      • Drug Eluting Balloons
      • Drug-Eluting Balloons
      • Drug-Eluting Stents
      • Embolic Protection Devices
      • Endovascular Aneurysm Repair Stent Grafts
      • Guidewires
      • Guiding Catheters
      • Hemodynamic Flow Alteration Devices
      • Inferior Vena Cava Filters
      • Introducer Sheaths
      • Ivus/Oct Catheters
      • Large Chain Hospitals
      • Old/Normal Balloons
      • Other Peripheral Vascular Devices
      • Permanent Filters
      • Plaque Modification Devices
      • Retrievable Filters
      • Self-Expandable Stents
      • Standalone Hospital Facilities
      • Thoracic Aortic Aneurysm Stent Grafts
      • Thoracic Aortic Aneurysm Stent-Grafts
      • Thrombectomy Devices
      • Vascular Closure Devices

      By Delivery Platform

      • Balloon-Expandable Stents
      • Self-Expandable Stents

      By End User

      • Ambulatory Surgical Centers
      • Hospitals
      • Other End Users

      By Product Type

      • Angioplasty Balloons
      • Angioplasty Stents
      • Catheters
      • Endovascular Aneurysm Repair (Evar) Stent Grafts
      • Hemodynamic Flow Alteration Devices
      • Inferior Vena Cava Filters
      • Other Peripheral Vascular Devices
      • Plaque Modification Devices

      Target Audience

      • Medical Device Manufacturers : Peripheral vascular device companies need Latin America market data to identify growth opportunities, assess competitive positioning, and develop region-specific product strategies for this emerging market.
      • Healthcare Investors & PE Firms : Investment professionals require detailed Latin American market forecasts and growth drivers to evaluate acquisition targets, fund allocation decisions, and portfolio company expansion opportunities in vascular devices.
      • Hospital & Healthcare Systems : Latin American healthcare providers need market insights to optimize procurement strategies, budget planning, and technology adoption decisions for peripheral vascular interventions and devices.
      • Distributors & Importers : Regional medical device distributors require country-specific market data to forecast demand, negotiate supplier contracts, and plan inventory management for peripheral vascular products.
      • Market Consultants & Analysts : Healthcare consultants and research professionals need comprehensive Latin America market intelligence to support client advisory work, competitive analysis, and strategic planning initiatives.

      Key Companies in the Latin America Peripheral Vascular Devices Market

      CompanyHQOwnershipStrongest segments
      STENTYSFrancePrivate CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      NOLATOSwedenPublic CompanyAngioplasty Balloon & Angioplasty Stent (components and subassemblies),Catheters (IVUS/OCT and diagnostic/guide catheters components),Plaque Modification (atherectomy and specialty balloon components),
      SANOFIFrancePublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      CONMED CORPORATIONUnited StatesPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      BOSTON SCIENTIFIC CORPORATIONUnited StatesPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      BECTON, DICKINSON AND COMPANYUnited StatesPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT and Peripheral Access/Intervention),Plaque Modification Devices,
      ABBOTT LABORATORIESUnited StatesPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      CARDINAL HEALTH, INC.United StatesPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT and diagnostic/guide),Plaque Modification Devices,
      KONINKLIJKE PHILIPS N.V.NetherlandsPublic CompanyCatheters (IVUS/OCT),Plaque Modification,Angioplasty Balloon & Angioplasty Stent,
      TERUMO CORPORATIONJapanPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Vascular Closure Devices,
      MERIT MEDICAL SYSTEMS, INC.United StatesPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT and other peripheral catheters),Plaque Modification,
      MEDTRONICIrelandPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      PENUMBRA, INC.United StatesPublic CompanyCatheters (IVUS/OCT and aspiration/access catheters),Plaque Modification,Angioplasty Balloon & Angioplasty Stent,
      STRYKER CORPORATIONUnited StatesPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      CORDISUnited StatesPrivate CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      COOKUnited StatesPublic CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,
      BIOSENSORS INTERNATIONAL GROUP, LTD.SingaporePrivate CompanyAngioplasty Balloon & Angioplasty Stent,Catheters (IVUS/OCT),Plaque Modification,

      STENTYS

      STENTYS is a French private company founded in 2006 that employs 26 people. The company operates in the medical device sector.

      NOLATO

      NOLATO is a Swedish public company founded in 1938 with 5,607 employees. The company is a major player in polymer-based solutions and medical devices.

      SANOFI

      SANOFI is a French public pharmaceutical company founded in 1994 with 74,846 employees. The company is a global leader in healthcare and pharmaceutical products.

      CONMED CORPORATION

      CONMED CORPORATION is a United States public company founded in 1970 with 3,900 employees. The company specializes in medical technology and surgical equipment.

      BOSTON SCIENTIFIC CORPORATION

      BOSTON SCIENTIFIC CORPORATION is a United States public company founded in 1979 with 59,000 employees. The company is a leading manufacturer of medical devices and equipment.

      BECTON, DICKINSON AND COMPANY

      BECTON, DICKINSON AND COMPANY is a United States public company founded in 1897 with 72,000 employees. The company is a global medical technology manufacturer specializing in diagnostics and drug delivery.

      ABBOTT LABORATORIES

      ABBOTT LABORATORIES is a United States public company founded in 1888 with 115,000 employees. The company is a diversified healthcare company with operations in pharmaceuticals, diagnostics, and medical devices.

      CARDINAL HEALTH, INC.

      CARDINAL HEALTH, INC. is a United States public company founded in 1979 with 55,392 employees. The company is a leading healthcare services and products distributor.

      KONINKLIJKE PHILIPS N.V.

      KONINKLIJKE PHILIPS N.V. is a Netherlands public company founded in 1891 with 64,317 employees. The company is a global leader in health technology and electronics.

      TERUMO CORPORATION

      TERUMO CORPORATION is a Japanese public company founded in 1921 with 30,591 employees. The company manufactures medical devices and blood management solutions.

      MERIT MEDICAL SYSTEMS, INC.

      MERIT MEDICAL SYSTEMS, INC. is a United States public company founded in 1987 with 7,500 employees. The company develops and manufactures minimally invasive medical devices.

      MEDTRONIC

      MEDTRONIC is an Ireland-based public company founded in 1949 with 95,000 employees. The company is a global leader in medical technology, services, and solutions.

      PENUMBRA, INC.

      PENUMBRA, INC. is a United States public company founded in 2004 with 4,700 employees. The company specializes in minimally invasive medical devices for vascular and neurovascular interventions.

      STRYKER CORPORATION

      STRYKER CORPORATION is a United States public company founded in 1941 with 56,000 employees. The company is a leading manufacturer of medical devices and surgical equipment.

      CORDIS

      CORDIS is a United States private company founded in 1957 with 3,620 employees. The company manufactures cardiovascular and endovascular medical devices.

      COOK

      COOK is a United States public company founded in 1987 with 433 employees. The company operates in the medical device industry.

      BIOSENSORS INTERNATIONAL GROUP, LTD.

      BIOSENSORS INTERNATIONAL GROUP, LTD. is a Singapore private company founded in 1990 with 312 employees. The company develops and manufactures cardiovascular medical devices.

      Latin America vs. other regions

      HowLatin America compares to the other 3 regional blocs covered in this market.

      North America
      ~USD 5429.7 Million · 5.3% wtd CAGR ·
      Europe
      ~USD 3394 Million · 4.9% wtd CAGR ·
      Asia Pacific
      ~USD 3174.8 Million · 7.7% wtd CAGR ·
      Middle East & Africa
      ~USD 278.3 Million · 4.5% wtd CAGR ·

      Countries within Latin America - compare and drill down

      Country2025 size (native)
      BrazilUSD 72.82 Million
      MexicoUSD 54.7 Million
      ColombiaUSD 40.91 Million
      ArgentinaUSD 26.63 Million

      Country market size visualization

      Brazil
      USD 72.82 Million
      Mexico
      USD 54.7 Million
      Colombia
      USD 40.91 Million
      Argentina
      USD 26.63 Million

      Reasons to Buy this Report

      • Regional Market Sizing & Forecasts : Obtain precise market valuations for Latin America's peripheral vascular devices sector with detailed projections through 2031, enabling accurate business planning and investment decisions specific to this geography.
      • Country-Level Insights : Access granular market data for Brazil, Mexico, Colombia, and Argentina, identifying which Latin American markets offer the highest growth potential and strategic entry opportunities.
      • Competitive Landscape Analysis : Understand regional competitive dynamics, key players, and market positioning strategies tailored to Latin America's unique healthcare environment and regulatory framework.
      • Growth Driver Identification : Gain actionable insights into demographic trends, healthcare infrastructure developments, and disease prevalence patterns specifically driving peripheral vascular device adoption across Latin America.
      • Strategic Market Entry Planning : Leverage Latin America-specific market intelligence to develop targeted go-to-market strategies, partnership opportunities, and product localization approaches for maximum regional impact.

      Frequently asked questions

      What is the market size of peripheral vascular devices in Latin America in 2026?

      Latin America's peripheral vascular devices market is estimated at USD 748.1 million in 2026.

      What is the projected market size for Latin America by 2031?

      Latin America's peripheral vascular devices market is projected to reach USD 943.9 million by 2031.

      What is the CAGR for the peripheral vascular devices market in Latin America?

      Latin America's peripheral vascular devices market is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2026 to 2031.

      Which countries are driving growth in Latin America's peripheral vascular devices market?

      Latin America's key growth markets include Brazil, Mexico, and Colombia, which are leading regional adoption of advanced vascular intervention technologies.

      What are the main challenges for peripheral vascular device adoption in Latin America?

      Latin America faces challenges including high device costs, limited reimbursement coverage, regulatory variations across countries, and unequal healthcare infrastructure development.

      RESEARCH METHODOLOGY

      This study involved four major activities in estimating the size of the peripheral vascular devices market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing estimates with industry experts across value chains through primary research. The bottom-up approach was employed to estimate the overall market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.  

      Secondary Research

      The secondary research process involved the widespread use of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D&B Hoovers), white papers, annual reports, company house documents, investor presentations, and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the peripheral vascular devices market. The information was used to identify key players in the market and to classify and segment it at a detailed level, in line with industry trends. Additionally, important developments related to market and technology perspectives were noted. A database of the leading industry figures was created through secondary research.

      Primary Research

      Extensive primary research was conducted after obtaining secondary research on the peripheral vascular devices market. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included a range of industry experts, such as Chief X Officers (CXOs), vice presidents (VPs), directors from business development, marketing, and product development or innovation teams, along with other key executives from manufacturers and distributors operating in the peripheral vascular devices market, as well as key opinion leaders.

       Primary interviews were conducted to gather insights into market statistics, revenue from products and services, market breakdowns, market size estimates, market forecasting, and data triangulation. Primary research also helped in understanding the various trends in technology, applications, verticals, and regions. Stakeholders from the demand side were interviewed to understand the buyer’s perspective on the suppliers, products, and their current usage, and the future outlook of their business, which will affect the overall market.

      The following is a breakdown of the primary respondents:

      Peripheral Vascular Devices Market Size, and Share

      Note 1: C-level executives include CEOs, COOs, CTOs, and VPs.

      Note 2: Others include sales, marketing, and product managers.

      Note 3: Companies are classified into tiers based on their total revenue. As of 2025: Tier 1=>USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, Tier 3=<USD 500 million.

      To know about the assumptions considered for the study, download the pdf brochure

      Market Size Estimation

      The research methodology used to estimate the size of the peripheral vascular devices market includes the following details.

      The market sizing of the market was undertaken from the global side.

      Country-level Analysis: The size of the peripheral vascular devices market was obtained from the annual presentations of leading players and secondary data available in the public domain. The share of products in the overall peripheral vascular devices market was obtained from secondary data and validated by primary participants to arrive at the total peripheral vascular devices market. Primary participants further validated the numbers.

      Geographic Market Assessment (by Region & Country): The geographic assessment was done using the following approaches:

      Approach 1: Geographic revenue contributions/splits of leading players in the market (wherever available) and respective growth trends

      Approach 2: Geographic adoption trends for individual product segments by end users and growth prospects for each of the segments (assumptions and indicative estimates validated from primary interviews)

      At each point, the assumptions and approaches were validated through industry experts contacted during primary research. Considering the limitations of data available from secondary research, revenue estimates for individual companies (for the overall peripheral vascular devices market and geographic market assessment) were ascertained based on a detailed analysis of their respective product offerings, geographic reach/strength (direct or through distributors or suppliers), and the shares of the leading players in a particular region or country.

      Global Peripheral Vascular Devices Market Size: Top-down and Bottom-up Approach

      Peripheral Vascular Devices Market Top Down and Bottom Up Approach

      Data Triangulation

      The market was split into several segments and subsegments after determining the overall market size, using the market sizing processes. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and determine the exact statistics for each market segment and subsegment. The data was triangulated by examining various factors and trends on both the demand and supply sides of the peripheral vascular devices market.

      Market Definition

      Peripheral vascular devices are medical equipment and instruments used to diagnose, treat, or manage peripheral vascular diseases in patients. It pertains to diseases or disorders involving the arteries, veins, and lymphatic vessels outside the heart and brain. The overall application of peripheral vascular devices is to treat PAD, DVT, and other vascular disorders. It facilitates procedures that are intended to restore normal blood flow, remove clots, and keep the vessel open. Examples include balloon catheters, stents, guidewires, atherectomy devices, and vascular grafts.

      Stakeholders

      • Medical Device Manufacturers
      • Interventional Cardiologists and Vascular Surgeons
      • Hospitals and Ambulatory Surgical Centers (ASCs)
      • Healthcare Institutions (Hospitals and Outpatient Clinics)
      • Distributors and Suppliers
      • Research Institutes
      • Health Insurance Payers
      • World Health Organization (WHO)
      • Organisation for Economic Co-operation and Development (OECD)
      • National Institutes of Health (NIH)
      • Centers for Disease Control and Prevention (CDC)
      • Annual Reports/SEC Filings, Investor Presentations, and Press Releases of Key Players
      • White Papers, Journals/Magazines, and News Articles
      • Paid Databases, such as Factiva, D&B Hoovers, and Bloomberg Business

      Report Objectives

      • To define, describe, segment, and forecast the global peripheral vascular devices market by type (angioplasty stents, endovascular aneurysm repair stent grafts, inferior cava filters, catheters, angioplasty balloons, plaque modification devices, hemodynamic flow alteration devices, and other devices), end user, and region
      • To provide detailed information about the factors influencing market growth (such as drivers, restraints, opportunities, and challenges)
      • To analyze micromarkets concerning individual growth trends, prospects, and contributions to the overall peripheral vascular devices market
      • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
      • To forecast the size of the peripheral vascular devices market in five main regions along with their respective key countries: North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
      • To profile key players in the global peripheral vascular devices market and comprehensively analyze their core competencies and market shares
      • To track and analyze competitive developments such as acquisitions, expansions, partnerships, agreements, collaborations, and product launches & approvals
      • To benchmark players within the peripheral vascular devices market using the "Company Evaluation Matrix" framework, which analyzes market players on various parameters within the broad categories of business and product strategy

       

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