Global Peripheral Artery Disease Market Report By Type (Peripheral Angioplasty Balloons (Old/Normal Balloons, Cutting And Scoring Balloons, Drug-Coated Balloons), Peripheral Stents (Self-expandable, Balloon-expandable, Covered, Drug-eluting Stents), Peripheral Catheters (Angiography Catheters, Guiding Catheters), Inferior Vena Cava (IVC) Filters (Permanent Filters, Retrievable Filters), Plaque Modification Devices (Thrombectomy Devices, Mechanical Thrombectomy Devices, Aspiration Thrombectomy Devices, Rheolytic Thrombectomy Devices, Atherectomy Devices), Hemodynamic Flow Alteration Devices (Embolic Protection Devices, Chronic Total Occlusion Devices), Peripheral Accessories (Vascular Closure Devices, Introducer Sheaths, Guidewires, Balloon Inflation Devices)) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030

The global demand for Peripheral Artery Disease Market is presumed to reach the market size of nearly USD 8.13 BN by 2030 from USD 3.96 BN in 2022 with a CAGR of 9.4% under the study period 2023 - 2030.

Peripheral artery disease (PAD), also referred to as Peripheral Vascular Disease (PVD), is a medical condition characterized by the narrowing or obstruction of arteries that carry blood to the limbs, predominantly affecting the legs. This type of peripheral arterial disease primarily impacts the arteries outside of the heart and brain.

Market Dynamics

The global ageing population has played a significant role in the growing prevalence of peripheral artery disease, as the risk of developing this condition increases with age, particularly among older individuals. The scaling incidence of risk factors such as smoking, diabetes, obesity, hypertension, and high cholesterol levels has also driven the growth of PAD cases. Sedentary lifestyles have become more common, leading to a rise in these cases due to physical inactivity. Efforts to raise awareness about peripheral artery disease have resulted in more people seeking medical evaluation and diagnosis. Technological advancements in medical imaging and endovascular procedures have improved the accuracy of diagnosis and expanded treatment options for PAD patients. Increased healthcare spending and a focus on minimally invasive treatments have further supported market growth. Additionally, the burden of critical limb ischemia, a severe peripheral artery disease, has driven the demand for effective treatment options to prevent limb amputation and improve patient outcomes.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of peripheral artery disease. The growth and trends of peripheral artery disease industry provide a holistic approach to this study. 

Market Segmentation

This section of the peripheral artery disease market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Type

• Peripheral Angioplasty Balloons (Old/Normal Balloons, Cutting And Scoring Balloons, Drug-Coated Balloons)
• Peripheral Stents (Self-Expandable, Balloon-Expandable, Covered, Drug-Eluting Stents)
• Peripheral Catheters (Angiography Catheters, Guiding Catheters)
• Inferior Vena Cava (Ivc) Filters (Permanent Filters, Retrievable Filters)
• Plaque Modification Devices (Thrombectomy Devices, Mechanical Thrombectomy Devices, Aspiration Thrombectomy Devices, Rheolytic Thrombectomy Devices, Atherectomy Devices)
• Hemodynamic Flow Alteration Devices (Embolic Protection Devices, Chronic Total Occlusion Devices)
• Peripheral Accessories (Vascular Closure Devices, Introducer Sheaths, Guidewires, Balloon Inflation Devices)

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Peripheral Artery Disease market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Peripheral Artery Disease Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Peripheral Artery Disease market include Cook Medical, Inc., Boston Scientific Corporation, Biotronik, Inc., Terumo Corporation, Cardinal Health, Inc., Abbott Laboratories, Angiodynamics, Inc., Becton, Dickinson And Company, Koninklijke Philips N.V. (Philips), B. Braun Melsungen Ag. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.