According to the report published by Allied Market Research, The Peripheral Artery Disease Market size Size Valued at USD 3.52 billion in 2019 and is Anticipated to garner at USD 5.71 billion by 2027, registering a CAGR of 8.5% from 2020 to 2027. The report provides a detailed analysis of changing market dynamics, value chain, top segments, and competitive landscape. This report provides detailed information to assist market players, stakeholders, investors, and startups in determining strategies to continue growth and attain competitive edge in the market.
Emergence of advanced interventional products, enhanced healthcare infrastructure in developing nations, and supportive insurance and reimbursement policies drive the growth of the global peripheral artery disease market. However, strict approval process for stents hinders the market growth. On the other hand, untapped potential in developing nations create new opportunities in the coming years.
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Top Peripheral Artery Disease Companies:-
• Abbott Laboratories
• Boston Scientific Corporation
• Cook Medical
• Cardinal Health, Inc.
• Becton, Dickinson and Company
• Terumo Corporation
• Koninklijke Philips N.V
• AngioDynamics, Inc.
• BIOTRONIK
• B. Braun Melsungen AG
Global Peripheral Artery Disease Market Segmentation: –
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.
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.
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By Region Outlook
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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