Innovative Shockwave E8 Peripheral IVL Catheter for Treating Peripheral Arterial Disease Trend: A Crucial Influence on the Peripheral Arterial Disease Market's Transformation in 2025

What Is the Expected Size and Growth Rate of the Peripheral Arterial Disease Market?
The peripheral arterial disease market has grown strongly in recent years. It will grow from $4.36 billion in 2024 to $4.76 billion in 2025, at a CAGR of 9.2%. This growth is supported by innovative medical devices, advances in gene therapy and regenerative medicine, pharmacogenomics, and the rise of digital health and remote monitoring.

The peripheral arterial disease market is projected to grow to $6.62 billion by 2029 at a CAGR of 8.6%. This growth is due to interdisciplinary care teams, minimally invasive interventions, and lifestyle and exercise prescriptions. Emerging trends include vascular tele-rehabilitation, multimodal pain management, advancements in wound care, and public health campaigns.

What Factors Are Fueling Growth in the Peripheral Arterial Disease Market?
The increasing prevalence of cardiac diseases is driving the growth of the peripheral arterial disease market. Cardiac disease affects the primary blood vessels supplying the heart, necessitating treatment options such as peripheral arterial disease management to enhance blood circulation, reduce cardiovascular risks, alleviate symptoms, and improve patients' overall well-being. For example, in December 2023, data from The Australian Bureau of Statistics (ABS), an Australian government agency, revealed that in 2022, 5.2% (or about 1.3 million) of people were diagnosed with heart, stroke, and vascular diseases. Additionally, in April 2022, the American College of Cardiology, a US-based medical association, estimated that risk factors for ischemic heart disease could rise by 30.7%, affecting 29 million individuals by 2025. Thus, the increasing incidence of cardiac diseases is accelerating the growth of the peripheral arterial disease market.

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Which Leading Companies Are Shaping the Growth of the Peripheral Arterial Disease Market?
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.

What Are the Major Trends Shaping the Peripheral Arterial Disease Market?
Leading companies in the peripheral arterial disease market are innovating medical devices such as the intravascular lithotripsy (IVL) catheter to enhance treatment outcomes and reduce recovery times. The IVL catheter is a device that treats calcified arterial blockages by delivering controlled shockwaves to break down calcium, improving blood flow and vessel flexibility. In September 2024, Shockwave Medical, Inc., a US-based medical technology firm, introduced the Shockwave E8 peripheral IVL catheter. This device targets peripheral arterial disease, using sonic waves to dissolve calcium deposits in arteries. Its advanced design facilitates easier navigation through complex vascular structures, making it suitable for diverse patient cases.

What Are the Key Segments of the Peripheral Arterial Disease Market?
The peripheral arterial disease market covered in this report is segmented -

1) By Treatment Type: Devices, Catheters, Drugs, Other Types
2) By Route of Administration: Oral, Parenteral, Other Route of Administrations
3) By End User: Hospitals, Specialty Clinics, Others End-Users

Subsegments:
1) By Devices: Stents, Balloons, Atherectomy Devices
2) By Catheters: Drug-Eluting Catheters, Balloon Catheters, Guidewires
3) By Drugs: Antiplatelet Agents, Anticoagulants, Vasodilators
4) By Other Types: Surgical Interventions, Lifestyle Modification Programs, Endovascular Therapy

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Which Region Dominates the Peripheral Arterial Disease Market?
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.

What Is Covered In The Peripheral Arterial Disease Global Market Report?

- Market Size Analysis: Analyze the Peripheral Arterial Disease Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Peripheral Arterial Disease Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Peripheral Arterial Disease Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Peripheral Arterial Disease Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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