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Peripheral Artery Disease Market Sets New Record, Projected at USD 5.71 Billion by 2027 at 8.5% CAGR: AMR

11-17-2023 11:00 AM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

Peripheral Artery Disease Market

Peripheral Artery Disease Market

Peripheral artery disease (PAD) is a common circulatory problem in which narrowed arteries reduce blood flow to limbs. PAD usually affects arteries in the legs and sometimes affect the arteries that carry blood from heart to head, arms, kidneys, and stomach. It is caused by deposition of fats (plaques) in the artery walls, which reduces the blood flow to organs, limbs, and head.

Allied Market Research published a report, titled, "๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐€๐ซ๐ญ๐ž๐ซ๐ฒ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž (๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐€๐ง๐ ๐ข๐จ๐ฉ๐ฅ๐š๐ฌ๐ญ๐ฒ ๐๐š๐ฅ๐ฅ๐จ๐จ๐ง๐ฌ, ๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐’๐ญ๐ž๐ง๐ญ๐ฌ, ๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐‚๐š๐ญ๐ก๐ž๐ญ๐ž๐ซ๐ฌ, ๐ˆ๐ง๐Ÿ๐ž๐ซ๐ข๐จ๐ซ ๐•๐ž๐ง๐š ๐‚๐š๐ฏ๐š (๐ˆ๐•๐‚) ๐…๐ข๐ฅ๐ญ๐ž๐ซ๐ฌ, ๐๐ฅ๐š๐ช๐ฎ๐ž ๐Œ๐จ๐๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ, ๐‡๐ž๐ฆ๐จ๐๐ฒ๐ง๐š๐ฆ๐ข๐œ ๐…๐ฅ๐จ๐ฐ ๐€๐ฅ๐ญ๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ, ๐š๐ง๐ ๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐€๐œ๐œ๐ž๐ฌ๐ฌ๐จ๐ซ๐ข๐ž๐ฌ): ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ, ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•." According to the report, the global Peripheral Artery Disease Market Size Was Valued at USD 3.52 billion in 2019 and it is estimated to surpass around USD 5.71 billion by 2027, with a registered CAGR of 8.5% from 2020 to 2027.

The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/request-sample/4315

๐‚๐จ๐ฏ๐ข๐-๐Ÿ๐Ÿ— ๐’๐œ๐ž๐ง๐š๐ซ๐ข๐จ

โ€ข Many health governing bodies have circulated guidelines regarding operating PDA during the Covid-19 pandemic. The American College of Surgeons (ACS) released guidelines for triage of vascular surgery patients. These guidelines suggest that non-emergency peripheral vascular procedures should be postponed.
โ€ข In many regions that have been affected considerably by the pandemic, government directives or hospital guidelines have restricted vascular procedures to life or limb-salvaging cases only.
โ€ข Production interruptions of PAD devices and delays in procedures from hospitals due to COVID-19 pandemic is expected to effect the growth of Peripheral Artery Disease Market."

๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐€๐ซ๐ญ๐ž๐ซ๐ฒ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ: -

โ€ข Abbott Laboratories
โ€ข Boston Scientific Corporation
โ€ข Cook Medical
โ€ข Cardinal Health, Inc.
โ€ข Becton, Dickinson and Company
โ€ข Terumo Corporation
โ€ข Koninklijke Philips N.V
โ€ข AngioDynamics, Inc.
โ€ข BIOTRONIK
โ€ข B. Braun Melsungen AG

๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐ž๐ซ๐ข๐ฉ๐ก๐ž๐ซ๐š๐ฅ ๐€๐ซ๐ญ๐ž๐ซ๐ฒ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง: -

Based on type, the peripheral stents segment contributed to the largest market share, holding nearly two-fifths of the total share of the global peripheral artery disease market in 2019, and is expected to maintain its highest contribution during the forecast period. This is attributed to technological innovations leading to development of bio-engineered stents, dual therapy stents, and EPC capture stents. However, the plaque modification devices segment is expected to grow at the largest CAGR of 9.5% from 2020 to 2027. This is due to necessity of these devices while ballooning of arteries fail.

Based on region, North America accounted for the highest share in terms of revenue, contributing to nearly two-fifths of the global peripheral artery disease market in 2019, and will maintain its lead position during the forecast period. This is due to changes in lifestyle habits such as unhealthy dietary habits, smoking, excessive alcohol consumption, and lack of physical activity of people in the region. However, Asia-Pacific is expected to grow at the highest CAGR of 9.4% from 2020 to 2027, owing to expansion of healthcare budgets, rise in disposable income, and surge in demand for technologically advanced devices.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/4315

Our Market Research Solution Provides You Answer to Below Mentioned Question:

โ€ข Which are the driving factors responsible for the growth of market?
โ€ข Which are the roadblock factors of this market?
โ€ข What are the new opportunities, by which market will grow in coming years?
โ€ข What are the trends of this market?
โ€ข Which are main factors responsible for new product launch?
โ€ข How big is the global & regional market in terms of revenue, sales and production?
โ€ข How far will the market grow in forecast period in terms of revenue, sales and production?
โ€ข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โ€ข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โ€ข Which region has more opportunities?

By Region Outlook

โ€ข North America
(U.S., Canada, Mexico)
โ€ข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โ€ข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โ€ข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Contact Details:

David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

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.

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