Chronic Lifestyle Disorders and Improved Healthcare Infrastructure are Key Driving Factors for Development of Peripheral Artery Revascularization Market, finds Fact.MR
Peripheral arteries are blood vessels which carry blood from heart to arms and legs or organs apart from brain and heart. Peripheral artery disease is most common form of peripheral vessels disease. Peripheral artery revascularization is required when blood is not supplied efficiently to peripheral organs. Peripheral arteries often get blocked to plaque formation (formed of extra cholesterol, calcium and other materials) or narrowing of peripheral arteries. Peripheral artery revascularization is one of the effective way to restore blood flow to peripheral organs. Changing lifestyle, high cholesterol, high blood pressure and smoking leads to plaque clog buildup in peripheral arteries adversely affecting blood flow to distant organs. Claudication, critical limb ischemia, and acute limb ischemia are three major conditions in which peripheral artery revascularization is done. Peripheral artery revascularization is more common in critical limb ischemia and acute limb ischemia.
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Rising Geriatric Population to Help Market Development
Increasing worldwide prevalence of peripheral artery disease is attributed to significant growth of peripheral artery revascularization market. More than 10% of U.S. citizens over the age of 65 years have peripheral artery disease leading to increasing peripheral artery revascularization market. Peripheral artery disease prevalence is further on the rise due to increasing prevalence of risk factors such as diabetes, obesity, hypertension and use of tobacco driving peripheral artery revascularization market. Increasing obesity and tobacco use are the major driving factors of peripheral artery revascularization market. World’s aging population is expected to increase in coming years, increasing peripheral artery disease cases and attributing to peripheral artery revascularization market growth. More than 200 million people worldwide have peripheral artery disease which in turn is driving the peripheral artery revascularization market. Peripheral artery revascularization market is further expected to grow due to increasing procedures in developing countries. Higher cost of procedure appears to be the only restraint in peripheral artery revascularization market growth.
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Better Recovery Time and R&D Therapeutics to Shape Market Uptake
Peripheral artery disease (PAD) is a blood circulation disorder due to buildup of plaque in the arteries that supply blood to the peripheral organs such as legs, arms, and others organs apart from brain and heart. Patients with PAD are at the higher risk for major atherothrombotic events such as stroke and myocardial infarction. Peripheral artery revascularization is minimally invasive treatment to improve blood circulation with less pain and scarring, and faster recovery time. Increasing prevalence of lifestyle diseases such as obesity and diabetes associated with high cholesterol level has led to peripheral artery disease which in turn influences the development of peripheral artery revascularization market.
The peripheral artery revascularization market is expected to witness a steady growth in the coming years with rising number of geriatric population across the globe. More instances of smoking, high blood pressure, and high cholesterol level on the coattails of unhealthy lifestyle habits are likely drive the peripheral artery revascularization market. Government initiatives in the development of healthcare sector along with growing awareness of new treatment methods are the major factors fuelling peripheral artery revascularization market. Adoption of innovative vascularization techniques and new technologies will possibly create potential growth prospects of peripheral artery revascularization market.
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