openPR Logo
Press release

Peripheral Artery Disease Market to Reach $5,715.12 Million by 2027

02-11-2021 04:20 AM CET | Health & Medicine

Press release from: Allied Market Research

Peripheral Artery Disease Market

Peripheral Artery Disease Market

According to a new report published by Allied Market Research, titled, “Peripheral Artery Disease Market by Product Type, and Region: Opportunity Analysis and Industry Forecast, 2020–2027,"The peripheral artery disease market size accounted for $3,524.77 million in 2019, and is expected to reach $5,715.12 million by 2027, registering a CAGR of 8.5% from 2020 to 2027.

Peripheral artery disease is characterized by the build of plaque in arteries carrying blood form heart to legs, arms, and other limbs. Peripheral artery disease also increases the risk of other peripheral disorders such as heart attack, coronary heart disease, stroke, and ischemic attack.

Click Here To Access Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/4315

Moreover, favorable reimbursement scenario for peripheral artery disease treatment and advanced peripheral treatment products such drug-eluting stents, in, turn, boosts the market growth. The introduction of new interventional treatment options such as atherectomy drives the market growth. Atherectomy is beneficial for removing the build-up of plaque in arteries with the help of stent or catheter. Thus, with the increase in prevalence of calcified and hard lesions the market for atherectomy is expected to grow. However, restenosis (reoccurrence of peripheral artery disease post treatment) is expected to impede the peripheral artery disease market growth.

As per the industry experts, long term effect of COVID-19 outbreak is expected to be witnessed over the coming years. The outbreak has led to a situation of financial crisis in many countries. Thus, the number of vascular surgeries has been significantly reduced according to the guidance provided by the American College of Surgeons, including surgeries related to peripheral arterial disease (PAD). This measure is expected to keep hospital beds and healthcare providers available for COVID-19 patients, as well as to save personal protective equipment (PPE) and reduce viral transfer among patients and between patients and staff.
There is an increase in number of aging populations worldwide.

According to a WHO report, around 125 million people were above 80 years in 2019, and the number is expected to reach 2 billion by 2050, which is estimated to constitute about 16% of the total world population. Moreover, there is a positive correlation between elderly individuals and increase in incidences of disorders such as diabetes and hypertension, which, in turn, increases the risk for peripheral artery diseases. Hence, increase in geriatric population is expected to have a positive impact on the peripheral artery disease market.

The market for peripheral artery diseases have witnessed a huge increase, owing to advanced treatment options such as atherectomy devices, which are used to debulk plaque before treatment with a stent. Therefore, with increase in prevalence of calcified and hard lesions and improving atherectomy procedure, the market is expected to grow in the future. In addition, other new interventional products such as drug coated balloon stents and drug eluting stents also fuel the market growth.

On the basis of type, the peripheral stents segment is expected to dominate the market throughout the analysis period as these significantly reduce the risk associated with the build-up of plaque in the arteries. Furthermore, plaque modification devices is expected to register highest CAGR of 9.5% during the forecast period.

For Purchase Enquiry: @ https://www.alliedmarketresearch.com/purchase-enquiry/4315

North America accounted for major share of the global peripheral artery disease market in 2019, and is expected to remain dominant throughout the forecast period. Asia-Pacific is projected to register the highest CAGR of 9.4% during the forecast period, owing to increase incidence of population suffering from diabetes, obesity, and high blood pressure. In addition, increase in healthcare expenditure and introduction of interventional products such as drug-coated balloon offer a lucrative opportunity for the peripheral artery disease market growth.

Key Findings Of The Study
• The study provides an in-depth analysis, current trends, and future estimations of the global peripheral artery disease market to elucidate the imminent investment pockets.
• Comprehensive analysis of factors that drive and restrict the peripheral artery disease market growth is provided.
• By type, the plaque modification devices segment is anticipated to grow at a CAGR of 9.5% from 2020 to 2027.
• Extensive analysis of key segments of the industry help to understand the types of products used across various geographies.

Know more @ https://www.alliedmarketresearch.com/peripheral-artery-disease-market

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Peripheral Artery Disease Market to Reach $5,715.12 Million by 2027 here

News-ID: 2240300 • Views:

More Releases from Allied Market Research

Graphene Electronics Market With in-detailed Competitor Analysis, Forecast to 2032
Graphene Electronics Market With in-detailed Competitor Analysis, Forecast to 20 …
Allied Market Research published an exclusive report, titled, "Graphene Electronics Market Size, Share, Competitive Landscape and Trend Analysis Report by Product, By Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2021-2031". The global graphene electronics market was valued at $270.8 million in 2021, and is projected to reach $5.2 billion by 2031, growing at a CAGR of 34.2% from 2022 to 2031 Download Research Report Sample & TOC : https://www.alliedmarketresearch.com/request-sample/142 The graphene
Lithium-Ion Battery Energy Storage System Market Size is projected to reach $17.1 billion by 2031 | Jakson Group, LG Electronics
Lithium-Ion Battery Energy Storage System Market Size is projected to reach $17. …
Allied Market Research published an exclusive report, titled, "Lithium-Ion Battery Energy Storage System Market Size, Share, Competitive Landscape and Trend Analysis Report by Connection Type, by Application : Global Opportunity Analysis and Industry Forecast, 2021-2031". The global lithium-ion battery energy storage system market was valued at $4.5 billion in 2021, and is projected to reach $17.1 billion by 2031, growing at a CAGR of 15% from 2022 to 2031. Download Research Report
Smart Railway Market Poised for Remarkable Growth, Reaching $38,469.7 million by 2027
Smart Railway Market Poised for Remarkable Growth, Reaching $38,469.7 million by …
𝐒𝐦𝐚𝐫𝐭 𝐑𝐚𝐢𝐥𝐰𝐚𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 by System (Passenger Information System, Rail & Freight Operations Management System, Smart Safety & Security Monitoring System, Rail communication & Networking System, Smart Ticketing System, Rail Analytics System, and Others) and Offering Type (Solutions, Components & Devices, and Services): Global Opportunity Analysis and Industry Forecast, 2020-2027" According to the report published by Allied Market Research, The global smart railway market size was valued at $18,304.8 million in
Odor Sensor Market Size is projected to reach $19.4 billion by 2031 | eNose Company, Odotech
Odor Sensor Market Size is projected to reach $19.4 billion by 2031 | eNose Comp …
Allied Market Research published an exclusive report, titled, "Odor Sensor Market Size, Share, Competitive Landscape and Trend Analysis Report by Sensor Type, by Instrument Type, by Application Areas, by End Use Industry : Global Opportunity Analysis and Industry Forecast, 2021-2031". The global odor sensor market size was valued at $1.5 billion in 2021, and is projected to reach $19.4 billion by 2031, growing at a CAGR of 29.4% from 2022 to

All 5 Releases


More Releases for Peripheral

PC Gaming Peripheral Market
PC Gaming Peripheral Market Research study which offers insights of in-depth research on historic and current market size along with the expected future prospects of the market and emerging trends in the market. The PC Gaming Peripheral Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the PC Gaming Peripheral Market. PC gaming peripheral are external hardware devices such as
Peripheral Vascular Devices Market Report 2018: Segmentation by Types (Periphera …
Global Peripheral Vascular Devices market research report provides company profile for Abbott Vascular, Bayer Healthcare, Volcano Corporation, Teleflex Medical and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation
Peripheral Vascular Device Market Size, Peripheral Vascular Device Market Share, …
Global Peripheral Vascular Device Market Size is observed to gain traction owing to the factors such as increasing research and development for developing several new product, and rising funding by the private organizations. Request for Sample of This Research Report @ https://bit.ly/2xjOKpC Top Key Player:- Abbott Laboratories Braun Melsungen AG Boston Scientific Corporation R. Brad, Inc. Cardinal Health, Inc. Medtronic plc. Cook Medical, Inc. Teruma Corporation Jude Medical, Inc. The Spectranetics Corporation Volcano Corporation Peripheral vascular disorder (PVD) is a blood circulation disorder
Peripheral Artery Disease Market By Type (Peripheral Angioplasty Balloons, Perip …
Peripheral artery disease is characterized by plaque built up in the arteries carrying blood from heart to legs, arms, and other limbs. Peripheral artery disease in turn also increases the risk of other cardiovascular disorders such as heart attack, coronary heart disease, stroke, and ischemic attack. Request Sample At: https://www.bigmarketresearch.com/request-sample/1633533 The global peripheral artery disease market generated $3,136 million in 2016, and is projected to reach $4,980 million by 2023, registering a
Peripheral Intravenous Catheter Market
New research report offers a comprehensive analysis of the “Peripheral Intravenous Catheter Market: Asia Pacific Regional Market to Witness the Fastest Growth Throughout the Forecast Period: Global Industry Analysis & Opportunity Assessment, 2016-2021“The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market. Request to view Sample Report @ https://www.mrrse.com/sample/2827 Peripheral intravenous catheter is a sophisticated medical device widely used to
Peripheral Arterial Disease (PAD)/ Peripheral Vascular Disease (PVD) - Pipeline …
Market Research Hub's Pharmaceutical and Healthcare latest pipeline guide Peripheral Arterial Disease (PAD) Peripheral Vascular Disease (PVD) - Pipeline Review, H1 2017, provides comprehensive information on the therapeutics under development for Peripheral Arterial Disease (PAD) Peripheral Vascular Disease (PVD) (Cardiovascular), complete with analysis by stage of development, drug target, mechanism of action (MoA), route of administration (RoA) and molecule type. The guide covers the descriptive pharmacological action of the therapeutics,