Peripheral Artery Disease Market

By Type;

Peripheral Angioplasty Balloons, Plaque Modification Devices, Peripheral Stents, Peripheral Catheters, Hemodynamic Flow Alteration Devices, Inferior Vena Cava (IVC) Filters and Peripheral Accessories

By Treatment;

Device, Catheters, Plaque Modification Devices, Hemodynamic Flow Alteration Devices and Others

By Disease;

Lipid Lowering Drugs, Triple-H Therapy, Glucose Regulating Drugs, Blood Clot Preventing Drugs, Inotropes, Thrombolytic Agents and Anti-Inflammatory Agents

By End User;

Hospitals & Clinics and Ambulatory Surgical Clinics

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn118941037 Published Date: August, 2025 Updated Date: September, 2025

Peripheral Artery Disease Market Overview

Peripheral Artery Disease Market (USD Million)

Peripheral Artery Disease Market was valued at USD 4,059.40 million in the year 2024. The size of this market is expected to increase to USD 6,990.98 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.1%.


Peripheral Artery Disease Market

*Market size in USD million

CAGR 8.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.1 %
Market Size (2024)USD 4,059.40 Million
Market Size (2031)USD 6,990.98 Million
Market ConcentrationMedium
Report Pages365
4,059.40
2024
6,990.98
2031

Major Players

  • Koninklijke Philips Nv
  • B. Braun Melsungen Ag
  • Cook
  • Medtronic
  • Bayer Ag
  • Boston Scientific Corporation
  • Becton, Dickinson And Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Peripheral Artery Disease Market

Fragmented - Highly competitive market without dominant players


The Peripheral Artery Disease (PAD) Market is expanding rapidly, fueled by the growing occurrence of cardiovascular conditions and lifestyle-related factors such as smoking and obesity. Approximately 20% of individuals over 60 are affected, highlighting the rising need for effective treatment solutions. With PAD increasingly recognized as a critical health concern, demand for advanced therapeutic options continues to grow.

Increasing Use of Pharmacological Therapies
Nearly 40% of PAD management strategies rely on pharmacological therapies such as antiplatelet drugs and lipid-lowering agents. These medications play an essential role in improving circulation, reducing symptoms, and preventing disease complications. The strong focus on early medical management reinforces the importance of drug-based treatment in the market.

Advancements in Minimally Invasive Procedures
Technological innovations in minimally invasive procedures like angioplasty, stenting, and atherectomy are reshaping PAD care. Close to 35% of patients now prefer these procedures due to faster recovery and better clinical outcomes. The growing adoption of advanced medical devices is strengthening the overall treatment landscape and boosting market growth.

Growing Demand for Lifestyle-Based Interventions
Around 30% of patients complement conventional PAD therapy with lifestyle modifications, including supervised exercise and rehabilitation. These approaches enhance vascular function, improve quality of life, and support long-term health. The integration of lifestyle-focused care with medical and surgical options is expanding the scope of comprehensive PAD management.

Supportive Healthcare and Policy Trends
Governmental support and proactive healthcare programs are further fueling this market. More than 45% of cardiovascular prevention initiatives emphasize early screening and patient education, increasing access to PAD treatments. The alignment of healthcare policies with therapeutic innovations is creating strong momentum for the Peripheral Artery Disease Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Treatment Type
    3. Market Snapshot, By Disease
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Peripheral Artery Disease Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population
        2. Lifestyle Changes
        3. Advancements in Medical Technology
      2. Restraints
        1. Limited Awareness
        2. Healthcare Accessibility
        3. Regulatory Hurdles
      3. Opportunities
        1. Telemedicine and Remote Monitoring
        2. Emerging Markets
        3. Personalized Medicine
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Peripheral Artery Disease Market, By Type, 2021 - 2031 (USD Million)

      1. Peripheral Angioplasty Balloons

      2. Plaque Modification Devices

      3. Peripheral Stents

      4. Peripheral Catheters

      5. Hemodynamic Flow Alteration Devices

      6. Inferior Vena Cava (IVC) Filters

      7. Peripheral Accessories

    2. Peripheral Artery Disease Market, By Treatment Type, 2021 - 2031 (USD Million)
      1. Device
      2. Catheters
      3. Plaque Modification Devices
      4. Hemodynamic Flow Alteration Devices
      5. Others
    3. Peripheral Artery Disease Market, By Disease, 2021 - 2031 (USD Million)
      1. Lipid Lowering Drugs
      2. Triple-H Therapy
      3. Glucose Regulating Drugs
      4. Blood Clot Preventing Drugs
      5. Inotropes
      6. Thrombolytic Agents
      7. Anti-Inflammatory Agents
    4. Peripheral Artery Disease Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Ambulatory Surgical Clinics
    5. Peripheral Artery Disease Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Koninklijke Philips Nv
      2. B. Braun Melsungen Ag
      3. Cook
      4. Medtronic
      5. Bayer Ag
      6. Boston Scientific Corporation
      7. Becton, Dickinson And Company
  7. Analyst Views
  8. Future Outlook of the Market