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Data Bridge Market Research analyses that the peripheral arterial disease (PAD) market was valued at USD 3.82 billion in 2021 and is further estimated to reach USD 7.61 billion by 2029, and is expected to grow at a CAGR of 9% during the forecast period of 2022 to 2029.
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Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 - 2014) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Treatment Type (Devices, Catheters, Drugs and Others), Route of Administration (Oral, Parenteral and Others), End Users (Hospitals, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Others) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Bayer AG (Germany), Abbott (US), Boston Scientific Corporation (US), BIOTRONIK (Germany), Cardinal Health (US), Terumo Corporation (Japan), AngioDynamics (US), Koninklijke Philips NV (Netherlands), Cook (US), Medtronic (Ireland), Cardinal Health (US) B. Braun Melsungen AG (Germany), |
Market Opportunities |
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Market Definition
Peripheral arterial disease (PAD) is a common cardiovascular condition that is caused by plaque build-up in the arteries, resulting in restricted blood flow to the limbs. Peripheral artery disease is also linked to diabetes, ageing, and high blood pressure.
Peripheral Arterial Disease (PAD) Market Dynamics Â
Drivers
Major factors that are expected to boost the growth of the peripheral arterial disease (PAD) market in the forecast period are as follows:
- Rise in the elderly population
The rise in the number of geriatrics with diabetes and high blood pressure is a major risk factor for peripheral artery disease, which is fuelling the market.
- Growing demand for minimally-invasive procedures
The growing need for minimally invasive procedures, particularly in the treatment of peripheral artery disease which will further accelerate the market growth.
- Initiatives by the governments
Authorities and governments are taking more measures to improve healthcare systems and raise knowledge about the benefits of PAD devices which will further contribute to the growth of the market.
Opportunities
In addition, the rise in the in prevalence of peripheral artery diseases and growing inproduct approvals is further estimated to provide potential opportunities for the growth of the peripheral arterial disease (PAD) market in the coming years.
This comprehensive report provides:
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- Show emerging Weight Management Market opportunities to focus on
- Industry knowledge improvement
- It provides the latest information on important market developments.
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