Procedures Treating Peripheral Artery Disease To Grow More Than 70% In Total By 2012

Main Category: Blood / Hematology
Also Included In: Cardiovascular / Cardiology
Article Date: 22 Jan 2008 - 1:00 PDT

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According to Millennium Research Group's US Markets for Plaque and Thrombus Management Devices 2008 report, minimally invasive procedures treating peripheral artery disease (PAD) will grow in total more than 70% by 2012, over 2007, driven largely by the availability of successful treatment options including atherectomy and thrombectomy. Today, only a small subset of patients actually receives an interventional treatment.

Often times, PAD patients are treated with bypass surgery or worse, are forced to have limbs amputated because PAD is not caught in time. Less invasive procedures, such as atherectomy and thrombectomy, which remove plaque and thrombus matter that has formed along the vessel wall, are available if the disease is diagnosed before the critical end stage of its lifecycle. Physician awareness of minimally invasive plaque and thrombus management procedures is expanding primarily due to research and clinical trials on a number of innovative devices. As a result, more physicians will adopt these new technologies, thus driving procedure growth and improving patient care.

"Today, physicians have more options for treating patients with PAD," says Bina Mistry, Analyst at Millennium Research Group. "Specifically, we are noticing a large increase in the number of individuals receiving laser atherectomy and mechanical thrombectomy--two types of plaque and thrombus removal procedures--both in the US and in Europe."

The Plaque and Thrombus Management Devices 2008 series includes coverage in the US and Europe for atherectomy, thrombectomy, chronic total occlusion crossing devices, and embolic protection devices. Coverage of industry competitors includes FoxHollow Technologies (ev3), Boston Scientific, Possis Medical, Spectranetics, and many others.

About Peripheral Artery Disease

PAD refers to the narrowing of vessels that carry blood to the lower extremities. In PAD, fatty deposits build up along the inner lining of these vessels and restrict blood circulation. Left untreated, PAD can lead to limb amputation.

About Millennium Research Group

Millennium Research Group, a Decision Resources, Inc. company , is the global authority on medical technology market intelligence and a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.

All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.

Millennium Research Group