Global Peripheral Arterial Disease Market
Healthcare Services

Peripheral Arterial Disease Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034

2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

How Are Key Drivers Contributing to the Growth and Expansion of the Peripheral Arterial Disease Market?

The peripheral arterial disease market is experiencing an upsurge due to the increasing occurrences of cardiac diseases. The conditions affecting the key vessels that provide blood to the heart muscles generally comprise cardiac disease. The treatment for peripheral arterial disease aids those suffering from cardiac issues by enhancing blood circulation, reducing the risk of cardiovascular incidents, alleviating symptoms and improving their lifestyle. For example, The Australian Bureau of Statistics (ABS), revealed in its reports in December 2023 that in 2022, one in 20 people, which is around 1.3 million or 5.2%, suffered from issues related to heart, stroke, and vascular diseases. Furthermore, the American College of Cardiology projected in April 2022 that the risk factors leading to ischemic heart disease would expand by 30.7% to reach 29 million by 2025. Owing to such alarming statistics, the growth of the peripheral arterial disease market is being propelled by the soaring rates of cardiac diseases.

Peripheral Arterial Disease Market Driver: Ascending numbers of Diabetes Cases Likely to Boost the Market for Peripheral Arterial Diseases

 

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#How Does the ProjectedPeripheral Arterial Disease Market Growth Compare Over the Forecast Period?

In recent times, there has been significant growth in the peripheral arterial disease market. The progress is set to continue from $4.36 billion in 2024 to hit $4.76 billion in 2025, recording a compound annual growth rate (CAGR) of 9.2%. The surge in the previous period owes its success to the advances in medical devices, gene therapy, regenerative medicine, pharmacogenomics, as well as the expansion of digital health and remote monitoring.

Projected expansion in the market size of peripheral arterial disease is considerable, with the expectancy to reach $6.62 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 8.6%. The notable growth during the forecast period is due to factors such as interdisciplinary care teams, minimally invasive procedures, and regimes involving lifestyle and exercise. Future market trends would comprise multifaceted pain management, vascular tele-rehabilitation, advancements in wound care, and broader public health campaigns.

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What New Market Trends Are Reshaping thePeripheral Arterial Disease Market and Its Opportunities?

Major corporations involved in the peripheral arterial disease market are putting their resources into developing advanced medical devices, such as the intravascular lithotripsy (IVL) catheter. The goal is to improve the effectiveness of treatments, enhance patient outcomes, and decrease recovery periods for those battling vascular conditions. The IVL catheter is a revolutionary tool used to handle calcified arterial obstructions by employing controlled shock waves to dissolve the calcium. This mechanism helps in reinstating blood flow and enhancing the flexibility of the vessel during operations like angioplasty. To illustrate, Shockwave Medical, Inc., a U.S. medical technology firm, launched the Shockwave E8 peripheral IVL catheter in September 2024. This device, specially designed to treat peripheral arterial disease, delivers targeted intravascular lithotripsy, employing sonic waves to break down calcium deposits in arterial walls. This cutting-edge strategy aids in restoring blood flow whilst causing minimal harm to surrounding tissues. The advanced design of the catheter facilitates smooth navigation through intricate vascular anatomy, making it appropriate for a broad spectrum of patients.

Who Are the Leading Market Players Fueling Growth in the Peripheral Arterial Disease Market Trend?

Major companies operating in the peripheral arterial disease market are Cardinal Health Inc., Johnson and Johnson Limited, Abbott Laboratories, Medtronic PLC, Becton Dickinson and Company, Koninklijke Philips N.V., Boston Scientific Corporation, B. Braun SE, Terumo Corp., Cook Medical LLC, Penumbra Inc., Shockwave Medical Inc., AngioDynamics Inc., Cardiovascular Systems Inc., ACIST Medical Systems Inc., SurModics Inc., Endologix Inc., BioVentrix Inc., QT Vascular Ltd., Avinger Inc., Mercator MedSystems Inc., VentureMed Group Ltd., Eximo Medical Ltd., LimFlow SA, Contego Medical LLC.

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How is the Global Peripheral Arterial Disease Market Segemented?

The peripheral arterial disease market covered in this report is segmented –

1) By Treatment Type: Devices, Catheters, Drugs, Other Types

2) By Route of Administration: Oral, Parenteral, Other Route of Administrations

3) By End User: Hospitals, Specialty Clinics, Others End-Users

Subsegments:

1) By Devices: Stents, Balloons, Atherectomy Devices

2) By Catheters: Drug-Eluting Catheters, Balloon Catheters, Guidewires

3) By Drugs: Antiplatelet Agents, Anticoagulants, Vasodilators

4) By Other Types: Surgical Interventions, Lifestyle Modification Programs, Endovascular Therapy

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Which Geographics are Influencing the Growth of the Peripheral Arterial Disease Market?

North America was the largest region in the peripheral artery disease market in 2024. The regions covered in peripheral artery disease market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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