Market Research Report
Global Critical Limb Ischemia Treatment Market Size study, by Treatment Type (Devices, Medications, Surgery), and Regional Forecasts 2021-2027
|Global Critical Limb Ischemia Treatment Market Size study, by Treatment Type (Devices, Medications, Surgery), and Regional Forecasts 2021-2027|
Published: September 2, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Critical Limb Ischemia Treatment Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy CAGR of XX % over the forecast period 2021-2027. Critical Limb Ischemia (CLI) refers to a severe Peripheral Arterial Disease (PAD) where continuous thickening of inner artery linings causes reduced blood flow to limbs. Patients suffering from CLI experience burning sensation and severe pain in legs and feet while sleeping, as the blood flow lowers critically due to no gravitational assistance. One major factor driving the growth of the Critical Limp Ischemia treatment market is growing geriatric population around the world. As per World Bank Data 2020, 9.3 percent of the world population is aged 65 and above. These people are much more at risk of developing CLI. CLI treatment market is also driven by tobacco smoking, junk food consumption and unhealthy lifestyle globally. According to Statista's 2019 reports, 19 percent of adults worldwide smoke tobacco, 38.9% adults worldwide are overweight and 9.3% of global adult population is diabetic. All these ailments give boost to the demand of Critical Limp Ischemia treatment which in turn supports the overall growth of market.
However, CLI treatment is still very costly and low awareness about the disease can impede the growth of market over the forecast period 2021-2027. Also, increasing investments into research & development of CLI treatment methods will bring down the cost, and is likely to increase the market growth during the forecast period.
Regional analysis among Asia Pacific, North America, Europe, Latin America, and Rest of the World, demonstrates that North America is the leading player across the world in terms of market share owing to advancements in medical technology, established infrastructure, and an abundance of CIL patients in the region. Also, Asia Pacific region is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as high geriatric population, growing healthcare investments and increasing awareness of CLI would create lucrative growth prospects for the Critical Limb Ischemia Treatment Market across Asia-Pacific region.
Major market player included in this report are:
Cynata Therapeutics Ltd
Cardiovascular Systems Inc.
Eli Lilly and Company
ThermoGenesis Holdings Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Treatment Type:
Embolic Protection Devices
Peripheral Dilatation Systems
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Critical Limb Ischemia Treatment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures