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Critical Limb Ischemia Treatment Market Size, Share, Major Players, Business Strategies, Opportunities And Forecast To 2032
Critical Limb Ischemia Treatment Market Analysis
The Business Research Company's Critical Limb Ischemia Global Market Report 2023 identifies rising incidence of diabetes mellitus and peripheral artery diseases as the major driver for the critical limb ischemia market's growth in the forecast period. Diabetes mellitus refers to a metabolic disease condition that involves elevated levels of blood glucose. Peripheral artery disease refers to a condition where leg arteries are narrowed, reducing blood flow to the arms or legs. The likelihood of vascular complications and amputation is increased by diabetes and peripheral artery diseases, making them risk factors for causing critical limb ischemia. Therefore, the rising incidence of diabetes mellitus and peripheral artery diseases is driving the growth of the critical limb ischemia market.
The global critical limb ischemia treatment market size is expected to grow from $3.11 billion in 2022 to $3.39 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global critical limb ischemia treatment market size is expected to reach $4.62 billion in 2027 at a CAGR of 8.0%.
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Major competitors in the critical limb ischemia market are Medtronic Plc, Boston Scientific Corporation, ThermoGenesis Holdings Inc., Abbott Laboratories, Pluri Biotech Ltd., Rexgenero Ltd., LimFlow SA.
A key trend in the critical limb ischemia market includes technological advancement. Major companies operating in the critical limb ischemia treatment market are adopting new technologies to strengthen their position in the market. For instance, in January 2021, the Society for Vascular Surgery (SVS), a major national academic society for vascular surgery in the United States, launched three new mobile applications related to chronic limb-threatening ischemia treatment: the VQI CLTI Mortality Prediction Model, the SVS Threatened Limb Classification [WIfI] calculator, and the Global Limb Anatomic Staging System [GLASS] calculator. They are uniquely designed applications that guide physicians in the treatment and management of chronic limb-threatening conditions, allowing real-time estimation of patient risk, the severity of limb threat, and the anatomic complexity of the disease.
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The critical limb ischemia market is segmented -
1) By Type: Devices, Drugs, Surgery
2) By Medication: Antihypertensive Agents, Antiplatelet Drugs, Antithrombotic Agents, Other Medications
3) By Application: Hospital, Clinic, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the critical limb ischemia market.
The Business Research Company's "Global Critical Limb Ischemia Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Critical Limb Ischemia Market Include:
1. Executive Summary
2. Critical Limb Ischemia Treatment Market Characteristics
3. Critical Limb Ischemia Treatment Market Trends And Strategies
4. Critical Limb Ischemia Treatment Market - Macro Economic Scenario
5. Critical Limb Ischemia Treatment Market Size And Growth
…….
26. Africa Critical Limb Ischemia Treatment Market
27. Critical Limb Ischemia Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Critical Limb Ischemia Treatment Market
29. Critical Limb Ischemia Treatment Market Future Outlook and Potential Analysis
30. Appendix
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