The Peripheral Artery Revascularization market is expected to see impressive growth in the near future

Posted on 2022-09-18 by Fact.MR in Healthcare // 0 Comments

Peripheral arterial occlusive disease (PAD) is a blood flow disorder caused by the buildup of plaque in the arteries that supply blood to peripheral organs such as legs, arms, and organs other than the brain and heart. Patients with PAD are at greater risk of serious atherothrombotic events such as stroke and myocardial infarction.

Peripheral artery revascularization is a minimally invasive treatment designed to improve blood circulation with less pain and scarring and faster recovery time.

The increasing prevalence of lifestyle diseases such as obesity and diabetes combined with high cholesterol has led to peripheral arterial disease which, in turn, is influencing the development of the peripheral arterial revascularization market.

The peripheral artery revascularization market is expected to see steady growth in the coming years with an increasing number of geriatric populations around the world.

More cases of smoking, hypertension, and high cholesterol on the skirts of unhealthy lifestyles are likely to fuel the peripheral artery revascularization market.

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Critical insights into the report:

• In-depth assessment of the leading market players in the market

• The regional analysis of the various market segments and sub-

segments

• Recent mergers, acquisitions, collaborations, partnerships and

R&D activities.

• SWOT analysis of the major players in the market

• YoY sales growth of the market over the forecast period

Peripheral Arterial Revascularization Market: Segmentation

For the time being, the global Peripheral Artery Revascularization Market can be segmented based on product type, procedure type, indication type, end use, and geography.

Based on the product type, the global Peripheral Artery Revascularization Market is segmented into the following segments:

Stents

grafts

Percutaneous Transluminal Angioplasty (PTA)

Balloons PTA Drug Eluting Balloons

Based on Procedure Type, the global Peripheral Artery Revascularization Market is segmented into the following segments:

Vascular bypass

angioplasty

Based on the Type of Indication, the Global Peripheral Artery Revascularization Market is segmented into the following segments:

Revascularization of the lower extremities

Renal artery revascularization

Mesenteric arterial revascularization

Revascularization of the abdominal aorta

Based on the end-user, the global Peripheral Artery Revascularization Market is segmented into following categories:

Hospitals

Outpatient surgical centers

Specialized clinics

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Peripheral Arterial Revascularization Market: Drivers

The worldwide increasing prevalence of peripheral arterial occlusive disease is attributed to the significant growth of the market for peripheral arterial revascularization.

More than 10% of US citizens over 65 years of age have peripheral arterial disease, resulting in a growing market for peripheral artery revascularization.

The prevalence of peripheral artery disease continues to rise due to the increasing prevalence of risk factors such as diabetes, obesity, hypertension, and the use of tobacco that drives the market for peripheral artery revascularization.

Rising obesity and tobacco use are the main drivers of the peripheral artery revascularization market. The aging world population is expected to increase in the coming years, which increases the incidence of peripheral arterial disease and is due to the growth of the peripheral artery revascularization market.

More than 200 million people worldwide suffer from peripheral arterial disease, which in turn drives the market for peripheral arterial revascularization.

The peripheral artery revascularization market is expected to continue growing due to the increasing number of procedures in developing countries. Higher procedural costs appear to be the only limitation to market growth for peripheral artery revascularization.

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The research objectives of this report are:

–To understand the structure of the market by identifying the different sub-segments.

– Focuses on major global manufacturers to define, describe and analyze sales volume, value, market share, market competitive landscape, SWOT analysis and development plans over the next few years.

– To share detailed information on the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

–To analyze competitive developments such as expansions, agreements, product launches and acquisitions in the market.

–To strategically profile the most important players and to comprehensively analyze their growth strategies.

– Analysis of individual growth trends, future prospects and their contribution to the overall market.

Peripheral Arterial Revascularization Market: Overview

The global peripheral arterial revascularization market is expected to grow significantly during the forecast period, driven by the increasing prevalence of peripheral arterial disease.

The growing global geriatric population is expected to contribute significantly to the growth of the Peripheral Artery Revascularization Market.

The global prevalence of peripheral arterial occlusive disease is around 200 million and is driving the growth of the peripheral arterial revascularization market.

New technologies such as stents are expected to dominate the product segment of the peripheral artery revascularization market.

By indication type, lower extremity revascularization is the dominant segment of the peripheral artery revascularization market driven by its high prevalence.

By end user type, hospitals are the dominant segment due to their wide acceptance and convenience. The Peripheral Artery Revascularization market is experiencing innovative vascularization techniques as well as mergers and acquisitions.

Peripheral Arterial Revascularization Market: Regional Outlook

Approximately more than 10% of people with peripheral arterial disease live in the United States. Almost 70% of the total population affected by peripheral arterial disease live in low to middle income regions.

Therefore, the peripheral artery revascularization market is expected to grow significantly in Asia Pacific and the Middle East.

Regions such as North America and Europe are seeing steady growth in the prevalence of peripheral arterial disease, which in turn is driving the peripheral arterial revascularization market to grow.

Peripheral Arterial Revascularization Market: Key Players

Some of the major global players in the peripheral artery revascularization market are Boston Scientific Corporation, Abbott Laboratories, AngioDynamics, Inc., Cook Medical, Cardinal Health, Inc., CR Bard, Inc., The Spectranetics Corporation, Medtronic plc, Terumo Corporation.

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