Published Date : Feb 16, 2016
ALBANY, New York, Feb 16, 2016: MarketResearchReports.biz has added a research report within the healthcare industry. The report, titled “Global Peripheral Artery Disease (PAD) Market: Trends & Opportunities (2015-2020),” is a solid and conclusive reports of this market through diverse means. The report aims to create a complete picture within the user’s mind for them to formulate fruitful strategies and strengthen their hold in the global peripheral artery disease market.
According to the report, the global periphery artery disease (PAD) market grew at an optimistic pace in 2014 and met with the increase in demand. It is expected to continue its positive growth rate over the market’s forecast period of 2015 to 2020.
The primary driver of the global PAD market is the rapidly growing population, which is in conjunction with the growing percentage of the geriatric demographic. Medical data shows that periphery artery disease is highly prevalent in patients above 65 years, which makes this demographic the prime segment to supply to.
Other drivers of the global PAD market include the advancements in technology that have occurred over the past couple of years, the increase in healthcare expenditure across the world, the increase in the count of obesity cases, the increase in the count of diabetic patients, and the improvements in reimbursement policies pertaining to PAD and related therapies.
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The global PAD market is, however, hampered by a couple of factors, the most prominent of which is the re-occurrence of PAD even after treatment, which is called restenosis. Other factors hindering the global PAD market include the limitations exhibited by the devices currently in use, mainly the balloons or stents and the scope of inaccurate diagnosis due to misinterpretation of symptoms.
Common trends exhibited in the global periphery artery disease market in recent times include the shift towards non-invasive or less invasive procedures, from the previous bypass surgeries, which were largely in use. Another common trend in the global PAD market is the use of drug eluting balloons. The market also benefits from the growing scope of imaging options in endovascular treatment.
The report on the global PAD market also presents a geographical reports of the United States. This involves analyzing the U.S. PAD market in terms of treatment mix and value of treatments. This part of the report also includes the net value of key players as well as a passage on the U.S. PAD atherectomy market reports in terms of key players and market value. The report also includes data on the scope of drug coated balloons within the U.S. PAD market.
The key players in the global PAD market are Stryker Corporation, Medtronic, Inc., and Johnson & Johnson. Each player is detailed through their business strategies, business overview, and financial overview. The report thus encapsulates the company profiles of the key players for the user to understand.
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