Peripheral Artery Disease Market Size, Share, Trends and Forecast by Type, End User, and Region, 2025-2033

Peripheral Artery Disease Market Size, Share, Trends and Forecast by Type, End User, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A5822

Peripheral Artery Disease Market Size and Share:

The global peripheral artery disease market size was valued at USD 4.89 Billion in 2024. The market is projected to reach USD 7.74 Billion by 2033, exhibiting a CAGR of 4.98% from 2025-2033. North America currently dominates the market, holding a market share of 39.1% in 2024. At present, rising geriatric population, various technological innovations in the diagnosis and treatment, increasing adoption of home care settings, and improvements in healthcare infrastructure are propelling the market growth. Besides this, changing living standards of individuals are contributing to the expansion of the peripheral artery disease market share.

Report Attribute 
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024
USD 4.89 Billion
Market Forecast in 2033
USD 7.74 Billion
Market Growth Rate (2025-2033) 4.98%


At present, the market is growing because of the increasing prevalence of chronic health ailments, including diabetes, and high cholesterol, which greatly elevate the risk of peripheral artery disease. An increasing elderly demographic is also fueling the market expansion, since senior individuals are more susceptible to circulatory issues. High awareness among patients and healthcare providers is resulting in prompt diagnosis and timely therapy. In addition, innovations in diagnostic imaging and minimally invasive techniques enhance treatment results and motivate more patients to pursue care. The development of novel medication treatments is further enhancing disease management and symptom regulation. Rising healthcare spending and enhanced access to medical services in both urban and rural areas are strengthening the peripheral artery disease market growth.

Peripheral Artery Disease Market Size

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The United States has emerged as a major region in the peripheral artery disease market owing to many factors. The market is growing steadily due to the high prevalence of lifestyle-related diseases like diabetes, obesity, high blood pressure, and smoking, significantly contributing to the development of peripheral artery disease. As per the US Centers for Disease Control and Prevention (CDC), the percentage of obesity among adults in the US rose by 13.6% from 2010 to 2024. An aging population is increasing the number of individuals susceptible to vascular conditions, further driving the demand. The country has a strong healthcare infrastructure that supports early diagnosis, advanced imaging, and minimally invasive treatment options. Continuous advancements in drug development and medical devices improve treatment outcomes and reduce complications.

Peripheral Artery Disease Market Trends:

Technological Advancements in Minimally Invasive Surgeries

The development of sophisticated catheter-based devices and techniques is revolutionizing vascular interventions, offering less invasive alternatives to traditional open surgeries. These advancements are significantly improving treatment outcomes by reducing patient discomfort, shortening hospital stays, and enabling faster recovery times. New devices, such as advanced angioplasty balloons, drug-coated balloons, atherectomy devices, and specialized stents, are expanding the range of treatment options available for peripheral artery disease. These innovations offer greater flexibility, deliverability, and efficacy, allowing clinicians to treat complex lesions more effectively. Furthermore, these less invasive procedures preserve normal vascular anatomy while improving long-term patency rates, leading to better overall outcomes. The peripheral artery disease market trends are showing a shift towards more advanced, patient-friendly treatment options, with increasing demand for innovative devices that enable better clinical results and improved quality of life for peripheral artery disease patients. The American College of Cardiology estimated that peripheral artery disease impacted over 200 Million individuals globally, affecting 10%–15% of adults aged over 50, as of October 2024.

Changing Living Standards of Individuals

People are suffering from peripheral artery disease due to lifestyle-related factors, such as diabetes, obesity, hypertension, and smoking. As worldwide rates of these conditions are increasing, particularly in regions with aging populations, more individuals are at risk of peripheral artery disease. Studies indicated that in 2024, people with diabetes were 3 to 4 times more prone to developing peripheral artery disease. Rising rates of obesity, hypertension, and smoking contributed to the number of affected individuals. Diabetes leads to atherosclerosis, which narrows arteries and restricts blood flow, leading to peripheral artery disease. As a result, the demand for diagnostic tools and treatments, such as angioplasty, stenting, and bypass surgery, is growing.

Increasing Aging Population

Rising aging population across the globe is offering a favorable peripheral artery disease market outlook. Older adults are facing a higher risk of developing peripheral artery disease owing to age-related vascular changes and atherosclerosis. As per industry reports, the worldwide population of individuals aged 60 and above is set to hit 1.4 Billion by 2030, and older adults are particularly susceptible to age‑related atherosclerotic changes that narrow or block peripheral arteries. As people age, their arteries naturally lose elasticity, which can result in narrowed or blocked arteries, a hallmark of peripheral artery disease. This demographic shift is driving the demand for healthcare services, including diagnostics, preventive treatments, and minimally invasive interventions like angioplasty and stent placement. In line with this, healthcare providers are focusing on addressing the needs of elderly patients, who often have complex health profiles, thereby contributing to the market growth.

Peripheral Artery Disease Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global peripheral artery disease market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on type and end user.

Analysis by Type:

Peripheral Artery Disease Market By Type

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

Peripheral stents held 22.8% of the market share in 2024. They offer an effective, minimally invasive solution for restoring blood flow in narrowed or blocked peripheral arteries. These stents are widely used to treat conditions, such as claudication and critical limb ischemia, which are common complications of peripheral artery disease. Peripheral stents help prevent artery collapse after angioplasty by keeping the blood vessels open, improving circulation and reducing symptoms like pain and fatigue. Their use results in quicker recovery times, lower risk of complications, and fewer repeat procedures compared to traditional surgical interventions. Technological advancements, such as drug-eluting stents and bioresorbable materials, are further enhancing their performance and expanding their adoption among physicians. As per the peripheral artery disease market forecast, the growing preferences for non-surgical treatments will continue to drive the demand for stents.

Analysis by End User:

  • Hospitals
  • Specialty Clinics
  • Others

Hospitals hold a significant share in the market based on end user because they offer comprehensive diagnostic and treatment facilities under one roof. Patients with peripheral artery disease often require advanced imaging, surgical interventions, and continuous monitoring, which hospitals are well-equipped to provide. Hospitals also have specialized vascular departments, experienced medical professionals, and access to the latest technologies. Emergency care and complex procedures, such as stent placements and bypass surgeries, are usually handled in hospitals.

Specialty clinics focus on outpatient care, early diagnosis, and minimally invasive treatments. These clinics often offer faster services, shorter wait times, and personalized care compared to large hospital settings. Patients with milder symptoms or those requiring routine follow-ups prefer specialty clinics for convenience. They are also equipped with modern diagnostic tools and employ vascular specialists who manage peripheral artery disease with targeted therapies.

Regional Analysis:

Peripheral Artery Disease Market By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

North America, accounting for a share of 39.1%, enjoys the leading position in the market. The region is experiencing high prevalence of lifestyle-related diseases, such as diabetes and smoking, which is contributing to the development of peripheral artery disease. The region has a well-established healthcare infrastructure that supports early diagnosis, advanced treatment options, and widespread access to care. There is also strong awareness among patients and healthcare providers about the symptoms and long-term complications of peripheral artery disease, leading to timely medical intervention. Continuous advancements in medical technologies, including imaging systems, drug therapies, and minimally invasive procedures, are further driving treatment adoption. In addition, high expenditure on research and development (R&D) activities by key industry players is leading to the creation of innovative solutions. Supportive reimbursement policies and government health programs are also encouraging routine screenings and preventive care. With a large patient population, expansion of hospitals, and access to cutting-edge treatments, North America continues to dominate the market in both value and innovation. As per the American Hospital Association, the United States had 6,093 hospitals in the beginning of 2025.

Key Regional Takeaways:


United States Peripheral Artery Disease Market Analysis

The United States peripheral artery disease market holds a share of 89.10% in the North American region. It is expanding due to a significant rise in lifestyle-related conditions, such as obesity and high cholesterol. Increased government focus on early cardiovascular screening programs is also fostering early diagnosis, leading to timely interventions. According to the CDC, as of October 2024, six out of every ten Americans suffered from a chronic illness, while four out of ten faced two or more, highlighting the significant need for vascular treatment. Furthermore, the integration of artificial intelligence (AI) into vascular imaging and diagnostic platforms is enhancing clinical outcomes and decision-making precision. Technological innovations in minimally invasive endovascular therapies are being favored by healthcare providers and patients, accelerating procedural volume. The growing utilization of wearable health monitoring devices is further supporting continuous patient tracking and preventative care strategies. Additionally, heightened awareness about peripheral vascular health through national health initiatives and collaborations with healthcare professionals is strengthening the market landscape. Investment in outpatient care facilities that offer vascular services is also on the rise, providing more accessible care. With a robust infrastructure supporting clinical research and patient trials, the US continues to be at the forefront of peripheral artery disease therapy development.

Europe Peripheral Artery Disease Market Analysis

The Europe peripheral artery disease market is benefiting from an aging population and the growing emphasis on geriatric care services. Increased availability of vascular diagnostic tools in public healthcare systems is improving peripheral artery disease detection at earlier stages. Reports indicate that by 2050, 40.6% of the EU-27 population will be 55 years or older, resulting in a significant number of people at higher risk for peripheral artery disease. A surge in cross-border research collaborations within the European Union is promoting the development of innovative vascular health solutions tailored to diverse populations. Furthermore, clinical adoption of drug-eluting technologies and hybrid revascularization procedures is driving procedural efficiency across hospital settings. The rise of value-based healthcare initiatives is motivating healthcare systems to invest in long-term disease management programs, including peripheral artery disease. Preventative care is being reinforced through mobile health clinics and regional cardiovascular screening events, especially in underserved areas. Additionally, digital therapeutics tailored to vascular rehabilitation are being introduced, facilitating remote patient engagement and follow-up care.

Asia-Pacific Peripheral Artery Disease Market Analysis

The Asia-Pacific peripheral artery disease market is witnessing notable growth due to a surge in urbanization activities and sedentary lifestyles. The expansion of universal health coverage schemes across several nations is driving the demand for standardized peripheral artery disease diagnostics and treatment. As per industry reports, between 2025 and 2050, crude cardiovascular mortality in Asia is set to increase by 91.2%, which is significantly influencing early screening and disease management efforts. There is a strong transition towards capacity-building programs to train healthcare workers in vascular care, which is improving diagnostic accuracy and treatment accessibility. Additionally, regional production of cost-effective stents and catheters is supporting broader adoption of endovascular procedures across tier II and III cities. Mobile telemedicine units and AI-oriented vascular screening tools are gaining traction in remote areas, enhancing patient outreach. These developments are shaping a rapidly evolving and inclusive market landscape across the region.

Latin America Peripheral Artery Disease Market Analysis

The Latin American peripheral artery disease market is progressing steadily, supported by expanding public health infrastructure and the growing awareness about vascular health risks. A recent report highlighted that Brazil's funding for its Unified Health System was set to increase by 6.2% relative to 2024, indicating heightened national investments in both preventive and interventional cardiovascular services. Rising participation in international clinical trials is bringing exposure to advanced treatment methodologies and best practices. The growth of private diagnostic centers that offer specialized vascular assessments is contributing to the earlier identification of peripheral artery disease cases. Furthermore, academic partnerships facilitate knowledge exchange and technology transfer, enhancing procedural quality and training. Moreover, regional health campaigns aimed at promoting preventative cardiovascular care are catalyzing the demand for peripheral artery disease-related services.

Middle East and Africa Peripheral Artery Disease Market Analysis

The Middle East and Africa peripheral artery disease market is experiencing gradual growth, driven by the ongoing shift towards preventive healthcare practices and increased funding in primary care infrastructure. According to the US-Saudi Business Council, in 2025, 5% of the population in Saudi Arabia will be 60 years old or older, with this number expected to grow notably by 2040, signaling a rising demand for vascular care services. Public health authorities are promoting cardiovascular wellness through community outreach and mobile diagnostic camps. The integration of point-of-care (POC) testing devices in rural clinics is enhancing early peripheral artery disease detection. The growing participation in healthcare technology exhibitions and training forums is encouraging the adoption of digital diagnostic tools. These regional advancements are contributing to a more structured and responsive peripheral artery disease care ecosystem.

Competitive Landscape:

Key players are developing advanced treatment options, improving diagnostic technologies, and expanding access to care. They are investing heavily in R&D activities to create innovative medical devices, drug therapies, and minimally invasive procedures that improve patient outcomes and reduce recovery time. These companies are also focusing on generating awareness among healthcare providers and patients through educational campaigns and training programs. By partnering with hospitals, clinics, and research institutions, key players help ensure the latest technologies are effectively used in clinical settings. They also support large-scale clinical trials to prove the safety and effectiveness of new treatments. In addition, their worldwide reach and distribution networks assist in making peripheral artery disease treatments available in both developed and emerging markets. For instance, in March 2025, Lupin released generic rivaroxaban 2.5 mg tablets in the US following the receipt of final FDA approval. The medication, a generic variant of Xarelto, was utilized to lower cardiovascular risks in individuals with peripheral artery disease and coronary artery disease.

The report provides a comprehensive analysis of the competitive landscape in the peripheral artery disease market with detailed profiles of all major companies, including:

  • Abbott Laboratories
  • AngioDynamics
  • B. Braun Melsungen AG
  • Becton Dickinson and Company
  • Biotronik SE & Co. KG
  • Boston Scientific Corporation
  • Cardinal Health Inc.
  • Cook Medical LLC
  • Koninklijke Philips N.V.
  • Medtronic plc
  • Terumo Corporation

Latest News and Developments:

  • June 2025: Research shared at the Society for Vascular Surgery’s VAM25 indicated that GLP-1 receptor agonists significantly reduced major negative cardiovascular and limb consequences in individuals with moderate peripheral artery disease. Patients using GLP-1 RAs experienced lower rates of heart attacks, amputations, and hospital stays. The research advocated for expanded application of these medications beyond diabetes treatment in managing peripheral artery disease.
  • May 2025: UC Davis Health became the first hospital in the Sacramento area to implement the DETOUR System for percutaneous transmural arterial bypass (PTAB), an innovative, minimally invasive solution for intricate peripheral artery disease. This method provided a substitute for open bypass surgery by redirecting blood circulation through the femoral vein. It decreased complications and recovery duration while ensuring similar results.
  • May 2025: BD (Becton, Dickinson and Company) revealed the initiation of the XTRACT Registry, a real-world study of US patient data assessing the Rotarex™ Atherectomy System for peripheral artery disease. The registry was set to register as many as 600 patients at 100 locations. It sought to evaluate safety and effectiveness at 30 days, 6 months, and 12 months after the procedure.
  • March 2025: Findings from the STRIDE trial revealed at the ACC Scientific Sessions indicated that semaglutide notably enhanced walking distance, symptoms, and quality of life for patients with peripheral artery disease and type 2 diabetes. The trial showed a 13% enhancement in walking distance and a 54% decrease in the risk of death or requirement for revascularization. This signified the initial significant progress in the functional treatment of peripheral artery disease in many years.
  • March 2025: Johnson & Johnson’s Shockwave Medical introduced the Javelin intravascular lithotripsy catheter in the US for addressing severe peripheral artery disease. In contrast to earlier models, Javelin transmitted sonic energy ahead from its tip to penetrate difficult arterial obstructions. It demonstrated a 99% success rate alongside minimal complication rates in clinical trials.

Peripheral Artery Disease Market Report Scope:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Scope of the Report

Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:

  • Type
  • End User
  • Region
Types Covered Peripheral Angioplasty Balloons, Peripheral Stents, Peripheral Catheters, Inferior Vena Cava (IVC) Filters, Plaque Modification Devices, Hemodynamic Flow Alteration Devices, Peripheral Accessories
End Users Covered Hospitals, Specialty Clinics, Others
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Abbott Laboratories, AngioDynamics, B. Braun Melsungen AG, Becton Dickinson and Company, Biotronik SE & Co. KG, Boston Scientific Corporation, Cardinal Health Inc., Cook Medical LLC, Koninklijke Philips N.V., Medtronic plc and Terumo Corporation.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the peripheral artery disease market from 2019-2033.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global peripheral artery disease market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's Five Forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the peripheral artery disease industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Key Questions Answered in This Report

The peripheral artery disease market was valued at USD 4.89 Billion in 2024.

The peripheral artery disease market is projected to exhibit a CAGR of 4.98% during 2025-2033, reaching a value of USD 7.74 Billion by 2033.

An aging population is contributing to the market growth, as older individuals are more prone to vascular disorders. Increasing awareness about the disease and its complications is leading to earlier diagnosis and more proactive treatment. Technological advancements in diagnostic tools, such as non-invasive imaging and vascular screening, further improve detection rates and support better patient outcomes.

North America currently dominates the peripheral artery disease market, accounting for a share of 39.1% in 2024, due to a high prevalence of lifestyle-related risk factors, strong healthcare infrastructure, early diagnosis, advanced treatment technologies, and active investments by key players in research and awareness campaigns.

Some of the major players in the peripheral artery disease market include Abbott Laboratories, AngioDynamics, B. Braun Melsungen AG, Becton Dickinson and Company, Biotronik SE & Co. KG, Boston Scientific Corporation, Cardinal Health Inc., Cook Medical LLC, Koninklijke Philips N.V., Medtronic plc, Terumo Corporation, etc.

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Peripheral Artery Disease Market Size, Share, Trends and Forecast by Type, End User, and Region, 2025-2033
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