Global Peripheral Arterial Disease - Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023
"Peripheral
Arterial Disease Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2023"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Peripheral
arterial disease, also known as peripheral vascular disease is a
condition in which the arteries, other than supplying blood to heart
and brain narrow down. Peripheral arterial disease mostly affects the
legs, though other arteries may also be involved. Peripheral arterial
disease is caused by the deposition of fats (plaques) in the artery
walls which reduce the blood flow to organs, limbs and head. The
population over the age of 50 are at the risk of suffering from
peripheral arterial disease. The growing geriatric population,
increasing therapies, rising minimally invasive techniques support
the growth for peripheral arterial disease market. It has been
estimated that globally around 20% of the total population above the
age of 60 years are affected by peripheral arterial diseases. High
risk factors such as smoking and diabetes contributes towards
increase in incidence rate of peripheral arterial diseases which
would stimulate the growth of peripheral arterial disease market
globally.
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The
peripheral arterial disease therapeutic market has been segmented
into devices, drugs and pipeline. The devices segment is further
categorized into devices such as peripheral vascular stents,
peripheral transluminal angioplasty balloon catheters, PTA
Guidewires, atherectomy devices, chronic total occlusion devices,
aortic stents, synthetic surgical grafts, embolic protection devices
and inferior vena cava filters. The peripheral vascular stents
accounts for the largest share, followed by peripheral transluminal
angioplasty balloon catheters. While emnolic protection devices are
the fastest growing segment in the global peripheral arterial disease
therapeutic market. The drugs segment can be segmented on the basis
of cholesterol-lowering drugs, high blood pressure lowering drug,
blood sugar regulating drug, and blood clot preventing drug. The
phase III pipeline drugs for peripheral arterial disease include
Rivaroxaban (Bayer), DLBS1033 (Dexa Medical Group), clopidogrel
(SR25990) (Sonofi), Propionyl-L-Caritine (Sigma-Tau Research, Inc.)
and others.
Geographically, peripheral arterial disease
therapeutic market has been segmented in North America, Europe, Asia
Pacific, Latin America and Rest of the World (RoW). North America,
accounted for the largest share in the overall peripheral arterial
disease therapeutic market. The dominance is majorly due the high
adoption rates of minimally invasive surgeries, higher healthcare
expenditure and patient awareness, making North America the leading
market for peripheral arterial disease therapeutic market. Europe
accounted for the second largest market for peripheral arterial
disease therapeutic market. The aging population would boost the
demand for peripheral arterial devices in the forecast period. Asia
Pacific is anticipated to be the most lucrative market for peripheral
arterial disease therapeutic market. The major factors attributing
the fastest growth of this region is the presence of large patient
pool with unmet medical needs, acting as the opportunity for the
players operating in this market. Growing healthcare scenario in the
Asian countries coupled with the growing GDP and government
initiative would assist the market growth for peripheral arterial
disease therapeutics market. South American countries such as Brazil
and Mexico are the regions that have significant potential for growth
due to developing medical infrastructure, high disposable income and
rising prevalence of peripheral arterial disease in the region
assisting the market growth. The Rest of the World includes countries
such as Russia and countries of Middle East and Africa. The market
for peripheral arterial disease therapeutic is subject to grow due to
the improving government initiative and rising awareness.
Some of the major players operating in the
peripheral arterial disease therapeutics market are Abbott
Laboratories, Angioscore, Inc., Edward Lifesciences Corporation,
Medtronic Inc., Boston Scientific Corporation, Bayer, Volcano
Corporation, Sanofi S.A. and others.
This research report analyzes this market on the
basis of its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
– This report provides comprehensive analysis
of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends
in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
– Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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