United States Peripheral Artery Disease Device Market expected to grow at a high CAGR during 2023-2030 | Top Companies - Abbott Laboratories, Boston Scientific Corporation, Becton Dickinson

"Global Peripheral Artery Disease Device Market is expected to reach at a high CAGR during the forecast period 2023-2030." As per DataM intelligence research report

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United States: Recent Industry Developments

✅ In October 2025, AngioSafe received regulatory clearance for its Santreva-ATK wire-free revascularization catheter targeting chronic total occlusions in femoropopliteal arteries. The system improves vessel recanalization efficiency and reduces procedural complexity. It marks a step forward in minimally invasive PAD treatment.

✅ In June 2025, Cardio Flow, Inc. secured FDA 510(k) clearance for its FreedomFlow Orbital Atherectomy Platform for complex PAD lesions. The system enables treatment of below-the-knee occlusions as small as 2 mm in diameter. It supports advanced limb-salvage therapies in PAD management.

✅ In March 2025, Shockwave Medical launched its Javelin Peripheral IVL Catheter for heavily calcified peripheral lesions. The device enhances intravascular lithotripsy performance and improves vessel compliance. It strengthens the IVL segment in the U.S. PAD device market.

✅ In November 2024, Philips initiated its "THOR" IDE trial for an integrated laser atherectomy + IVL catheter for PAD. The trial tests a single-device workflow for simultaneous plaque removal and calcium modification. It reflects innovation toward simplified endovascular solutions.

Japan: Recent Industry Developments

✅ In September 2025, Kobe Steel, Ltd. expanded its pilot facility to manufacture high-precision PAD device components for domestic and export markets. The expansion bolsters Japan's local medtech supply chain. It supports domestic capability in advanced interventional devices.

✅ In August 2025, Terumo Corporation began clinical trials of a next-generation atherectomy catheter designed for femoropopliteal and below-the-knee lesions. The study addresses Japan's aging population and rising PAD prevalence. It reinforces Terumo's innovation leadership in endovascular care.

✅ In July 2025, Fujifilm Wako Pure Chemical Corporation developed a new drug-coated balloon (DCB) specifically optimized for Japanese PAD patients. The DCB targets localized plaque profiles and vascular conditions. It aims to enhance safety and clinical outcomes in domestic PAD treatment.

✅ In June 2025, Japan's Pharmaceuticals and Medical Devices Agency (PMDA) released updated guidance for intravascular lithotripsy (IVL) devices used in PAD procedures. The guidance defines standards for clinical validation and safety compliance. It encourages faster innovation and regulatory clarity in Japan's PAD device market.

Peripheral Artery Disease Device Market: Drivers

The peripheral artery disease (PAD) device market is expanding rapidly as the global burden of cardiovascular disorders continues to rise. These devices, including stents, angioplasty balloons, atherectomy systems, and catheters, play a crucial role in restoring blood flow in patients with blocked or narrowed peripheral arteries. The growing prevalence of diabetes, hypertension, obesity, and smoking-related vascular complications is fueling demand for minimally invasive treatment options. Increasing awareness of early PAD diagnosis and the availability of advanced endovascular procedures are further boosting market adoption. Moreover, technological innovations in device design and imaging guidance are improving procedural safety and long-term patient outcomes.

Continuous advancements in drug-coated balloons, bioresorbable stents, and hybrid revascularization techniques are transforming PAD management. Hospitals and ambulatory surgical centers are increasingly investing in modern interventional equipment to meet the rising volume of vascular procedures. Supportive reimbursement policies and government initiatives promoting cardiovascular health are further propelling market growth. Expanding healthcare infrastructure in emerging economies is also enhancing access to PAD treatments. With the growing focus on minimally invasive interventions and improved quality of life for patients, the peripheral artery disease device market is set for sustained and robust expansion globally.

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Peripheral Artery Disease Device Market: Major Players

Abbott Laboratories, Boston Scientific Corporation, Becton, Dickinson and Company, Cook, Cordis Corporation, Edward Lifesciences, MicroPort, Terumo Corporation, Medtronic, and Volcano Corporation among others.

Segment Covered in the Peripheral Artery Disease Device Market:

By Type
The market is segmented into Functional Peripheral Artery Disease and Organic Peripheral Artery Disease. Organic peripheral artery disease dominates due to its high prevalence linked to atherosclerosis and diabetes, while functional PAD cases are primarily associated with temporary vascular spasms and lifestyle factors.

By Device Type
Based on device type, the market includes Vascular Stents, Balloon Catheters, Guidewires, Atherectomy Devices, Inferior Vena Cava (IVC) Filters, Embolic Protection Devices, and Others. Vascular stents and balloon catheters hold the largest share owing to their widespread use in revascularization procedures, while atherectomy and embolic protection devices are gaining traction with technological advancements in minimally invasive vascular treatments.

By End-User
End-users comprise Hospitals, Specialty Clinics, Ambulatory Surgical Centers (ASCs), Academic Research Centers, and Others. Hospitals lead the segment due to advanced vascular care infrastructure and skilled specialists, while ASCs and specialty clinics are expanding as cost-efficient settings for outpatient vascular interventions.

Research Process:

Both primary and secondary data sources have been used in the Peripheral Artery Disease Device Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Most Frequently Asked Questions in the Peripheral Artery Disease Device Market Research Industry:

➠ Who leads the Peripheral Artery Disease Device industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Peripheral Artery Disease Device market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Peripheral Artery Disease Device market growth?
➠ What are the dominant sales and distribution strategies in the Peripheral Artery Disease Device industry?

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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