Peripheral Arterial Disease Market Trends Report 2025 – For Business Development and Strategy Teams
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#What Is the Forecast for the Peripheral Arterial Disease Market Growth in 2025?#_x000D_
The size of the market for peripheral arterial disease has seen significant growth in the past few years. The market, which is projected to increase from $4.36 billion in 2024 to $4.76 billion in 2025, will experience a compound annual growth rate (CAGR) of 9.2%. The historic growth trend can be credited to advancements in medical devices, the emergence of gene and regenerative therapy, the rise of pharmacogenomics, and the influence of digital health and remote monitoring._x000D_
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#What Is the Forecast for the Peripheral Arterial Disease Market Size Through 2029?#_x000D_
In the forthcoming years, a significant surge in the market size of peripheral arterial disease is anticipated. The projected growth rate will elevate to $6.62 billion in 2029, with an annual compound growth rate (CAGR) of 8.6%. The increase in the predicted period can be credited to factors such as interdisciplinary care teams, less invasive intercessions, lifestyle alterations, and exercise regimens. Dominant trends within this period will involve vascular tele-rehabilitation, multi-faceted pain control, advancements in wound care, and public health advocacy campaigns._x000D_
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#What are the Key Market Players in Peripheral Arterial Disease Market and How They’re Evolving?#_x000D_
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._x000D_
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#What Are the Primary Growth Drivers in the Peripheral Arterial Disease Market?#_x000D_
The increasing occurrence of heart disease is fuelling the expansion of the peripheral arterial disease industry. Heart disease commonly affects the primary arteries serving the heart muscle. Treatment for peripheral arterial disease can provide cardiac patients with better blood circulation, lowered cardiovascular risk, relief from symptoms, and an overall elevation in life quality. For example, as per the Australian Bureau of Statistics (ABS) report in December 2023, in 2022, close to 1.3 million people or 5.2% of individuals suffered from diseases affecting the heart, stroke, and vascular system. Furthermore, in April 2022, the American College of Cardiology, a non-profit medical association from the US, projected that the chances of developing ischemic heart disease are set to surge by 30.7% to affect 29 million people by 2025. Consequently, the escalating frequency of heart diseases is stimulating the peripheral arterial disease market’s growth.
Peripheral Arterial Disease Market Driver: Rising Incidence of Diabetes Expected to Further Fuel The Peripheral Arterial Diseases.
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#What Are the Leading Segments in the Global Peripheral Arterial Disease Industry?#_x000D_
The peripheral arterial disease market covered in this report is segmented –_x000D_
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1) By Treatment Type: Devices, Catheters, Drugs, Other Types_x000D_
2) By Route of Administration: Oral, Parenteral, Other Route of Administrations_x000D_
3) By End User: Hospitals, Specialty Clinics, Others End-Users_x000D_
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Subsegments:_x000D_
1) By Devices: Stents, Balloons, Atherectomy Devices_x000D_
2) By Catheters: Drug-Eluting Catheters, Balloon Catheters, Guidewires_x000D_
3) By Drugs: Antiplatelet Agents, Anticoagulants, Vasodilators_x000D_
4) By Other Types: Surgical Interventions, Lifestyle Modification Programs, Endovascular Therapy_x000D_
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#What Are the Key Market Trends in the Peripheral Arterial Disease Industry?#_x000D_
In an effort to increase treatment effectiveness, better patient outcomes, and decrease recovery durations for vascular conditions, leading firms in the peripheral arterial disease industry are concentrating on producing cutting-edge medical equipment, such as the intravascular lithotripsy (IVL) catheter. The Intravascular Lithotripsy (IVL) catheter is a medical tool that helps treat calcified arterial blockages by delivering precise shockwaves to disaggregate the calcium, thereby improving blood flow and increasing vessel flexibility during angioplasty treatments. For example, in September 2024, Shockwave Medical, Inc., a medical tech company based in the U.S., introduced the Shockwave E8 peripheral IVL catheter. This medical device, designed to treat peripheral arterial disease, delivers targeted intravascular lithotripsy that employs sonic waves to disintegrate calcium deposits in arterial walls. This unique methodology not only reinstates blood flow but also substantially reduces trauma to adjacent tissues. The superior design of this catheter facilitates smoother navigation through intricate vascular structures, making it appropriate for a plethora of patients._x000D_
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#What Is the Regional Outlook for the Peripheral Arterial Disease Market?#_x000D_
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._x000D_
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#This Report Delivers Insight On: #_x000D_
1. How big is the peripheral arterial disease market, and how is it changing globally?_x000D_
2. Who are the major companies in the peripheral arterial disease market, and how are they performing?_x000D_
3. What are the key opportunities and risks in the peripheral arterial disease market right now?_x000D_
4. Which products or customer segments are growing the most in the peripheral arterial disease market?_x000D_
5. What factors are helping or slowing down the growth of the peripheral arterial disease market?_x000D_
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