China & Japan Peripheral Vascular Devices Market worth $1.30 billion by 2031
The report "China & Japan Peripheral Vascular Devices Market by Type [Catheters (Guiding, Angiography), Inferior Vena Cava Filters (Retrievable, Permanent), Plaque Modification Devices (Atherectomy, Thrombectomy), Guidewires, Introducer Sheaths] – Forecast to 2031" is projected to grow from USD 0.92 billion in 2026 and to reach USD 1.30 billion by 2031, at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period.
Browse 300 market data Tables and 65 Figures spread through 350 Pages and in-depth TOC on "China & Japan Peripheral Vascular Devices Market by Type [Catheters (Guiding, Angiography), Inferior Vena Cava Filters (Retrievable, Permanent), Plaque Modification Devices (Atherectomy, Thrombectomy), Guidewires, Introducer Sheaths] – Forecast to 2031"
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The China & Japan peripheral vascular devices market is registering robust growth due to the growing geriatric population, increased prevalence of chronic vascular disease, and the rising number of peripheral angioplasty, stent placement, and atherectomy procedures. With the growing focus on minimally invasive and personalized medicine, there has been increased adoption of advanced technologies, such as drug-eluting stents, drug-coated balloons, and new technology catheters. International companies have been increasingly partnering with companies in China and Japan or contract manufacturers there for improving the capabilities of the product, scaling up manufacturing, and keep pace with the changed government regulations. Innovations related to AI technology and advancements related to smart, sensor-eluted products, and automated precision manufacturing are also encouraging personalized and accurate procedures. Simultaneously, there has been increased adoption of digital health technology applications for making procedures more efficient.
“By type, the angioplasty stents segment accounted for the largest market share in 2025”
Within the China & Japan peripheral vascular devices market, the angioplasty stents segment held the largest share in 2025. These stents are the most common treatment method used to restore blood flow in peripheral arterial disease. Their usage has been extended to the iliac, femoropopliteal, and below-the-knee areas, which, together with the clinical trials proving their effectiveness and safety, result in a very high usage level. Moreover, the ongoing changes in the structure, components, and drug-eluting technology of the stent and the presence of different price levels make these devices the most widely used ones in China and ??????Japan.
“By catheter, the IVUS/OCT segment is expected to grow at the highest CAGR during the forecast period”
The IVUS/OCT?????? segment represents the fastest-growing segment during the forecast period, as it can offer high-resolution, real-time intravascular imaging that helps lesion assessment, vessel sizing, and device placement to be more accurate. As a result, their usage minimizes procedural complications and repetitions of interventions, which is the main reason for a strong clinician adoption. Besides, growth is also fueled by more complex peripheral intervention cases, the growing inclination of clinicians towards image-guided procedures, and the widening access to advanced imaging systems in both China and ??????Japan.
“By country, Japan is estimated to grow at the highest CAGR during the forecast period”
Japan is expected to report the highest CAGR during the forecast period due to the rising aging population and increased incidence of peripheral artery disease and diabetes. These factors contribute to the growth of the peripheral vascular devices market and the use of minimally invasive endovascular procedures. The country is one of the early adopters of new technologies, including drug-coated balloons and drug-eluting stents, due to its favorable reimbursement systems and easier PMDA regulatory approvals. Higher volume of procedures being done at the tertiary facilities and foreign investment by Japanese and foreign manufacturers of medical devices are also contributing to this market growth.
Key Market Players
Prominent players in the China & Japan peripheral vascular devices market are Terumo Corporation (Japan), Medtronic (Ireland), Boston Scientific Corporation (US), Abbott (US), MicroPort Scientific Corporation (China), W. L. Gore & Associates, Inc. (US), ASAHI INTECC CO., LTD. (Japan), Cook (US), Nipro (Japan), B. Braun SE (Germany), among others.
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