The Vietnam peripheral vascular devices market size reached USD 49.20 Million in 2024. Looking forward, the market is expected to reach USD 80.27 Million by 2033, exhibiting a growth rate (CAGR) of 5.59% during 2025-2033. The market is driven by the rising prevalence of cardiovascular diseases and an aging population requiring advanced vascular interventions, technological advancements in minimally invasive procedures that enhance patient outcomes and reduce recovery times, and healthcare infrastructure development supporting improved access to specialized vascular care. These factors are collectively strengthening the Vietnam peripheral vascular devices market share and expanding treatment accessibility across the country's healthcare system.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 49.20 Million |
Market Forecast in 2033 | USD 80.27 Million |
Market Growth Rate 2025-2033 | 5.59% |
Rising Cardiovascular Disease and Aging Demographics
Vietnam's peripheral vascular devices sector is experiencing significant market growth driven by the country's substantial cardiovascular disease burden and rapidly aging population demographics. The healthcare system faces mounting pressure from vascular-related conditions, with cardiovascular diseases accounting for a substantial portion of national mortality and morbidity statistics. Cardiovascular diseases were responsible for 31% of total deaths in Vietnam in recent assessments, equivalent to more than 170,000 deaths annually, highlighting the significant burden of cardiovascular conditions driving demand for peripheral vascular interventions. The aging population demographic is generating a long-term need for advanced peripheral vascular care services as older patients usually require more complicated interventional modalities to address their peripheral arterial disease, critical limb ischemia, and venous insufficiency complications. Such a demographic shift is forcing health care providers to invest in newer peripheral vascular technology and increase their interventional capacity to address the increasing patient demands.
Technological Advancements in Minimally Invasive Procedures
The Vietnam peripheral vascular devices market growth is being accelerated by remarkable technological innovations in minimally invasive procedural techniques that are revolutionizing patient care standards and clinical outcomes. Healthcare facilities across Vietnam are increasingly adopting next-generation peripheral vascular technologies that offer superior precision, reduced procedural complexity, and enhanced safety profiles compared to traditional surgical approaches. Vietnamese medical professionals are embracing innovative devices such as drug-eluting stents, advanced balloon angioplasty systems, atherectomy devices, and sophisticated embolic protection technologies that enable more effective treatment of complex peripheral vascular conditions while minimizing patient trauma and accelerating recovery periods.
Healthcare Infrastructure Development
Vietnam's peripheral vascular devices market is experiencing robust expansion supported by comprehensive healthcare infrastructure development initiatives and increasing investment in specialized cardiovascular care capabilities. The government's healthcare modernization programs are facilitating the establishment of advanced catheterization laboratories, interventional suites, and specialized vascular centers equipped with state-of-the-art peripheral intervention technologies. This infrastructure expansion is enabling broader geographic access to peripheral vascular interventions, particularly in secondary and tertiary healthcare facilities across northern, central, and southern regions of Vietnam. The enhanced healthcare infrastructure is supporting increased procedural volumes, improved clinical outcomes, and greater adoption of advanced peripheral vascular device technologies throughout Vietnam's evolving healthcare delivery system.
The analysis provides key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on device type and end user.
Device Type Insights:
The report has provided a detailed breakup and analysis of the market based on the device type. This includes peripheral vascular stents, peripheral transluminal angioplasty (PTA) balloon catheters, peripheral transluminal angioplasty (PTA) guidewires, atherectomy devices, embolic protection devices, inferior vena cava filters, and others.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes hospitals and clinics, ambulatory care centers, specialty clinics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Device Types Covered | Peripheral Vascular Stents, Peripheral Transluminal Angioplasty (PTA) Balloon Catheters, Peripheral Transluminal Angioplasty (PTA) Guidewires, Atherectomy Devices, Embolic Protection Devices, Inferior Vena Cava Filters, Others |
End Users Covered | Hospitals and Clinics, Ambulatory Care Centers, Specialty Clinics, Others |
Regions Covered | Northern Vietnam, Central Vietnam, Southern Vietnam |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: