Market Size of Skin Perfusion Pressure Testing Devices Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 206.82 Million |
Market Size (2029) | USD 336.59 Million |
CAGR (2024 - 2029) | 10.23 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Skin Perfusion Pressure Testing Devices Market Analysis
The Skin Perfusion Pressure Testing Devices Market size is estimated at USD 206.82 million in 2024, and is expected to reach USD 336.59 million by 2029, growing at a CAGR of 10.23% during the forecast period (2024-2029).
Certain factors that are driving the market growth include rising prevalence of peripheral artery disease, increasing prevalence of diabetes, and technological advancements.
Peripheral arterial disease (PAD) is caused by a narrowing or blocking of the blood vessels due to a plaque build-up. This condition can lead to tissue death, heart stroke, aneurysms, or kidney diseases, if left untreated. According to the latest available report published by the National Institute of Health, one in every 20 Americans, who are over the age of 50, has PAD. It has been affecting 8 to 12 million people in the United States, especially those over 50 years. As the population is growing, the prevalence of the disease is also increasing, which could grow from 9.6 million to reach 19 million overall, globally by 2050. With the aging of the global population, it seems likely that PAD will be increasingly common in the future. Hence, the statistics show that the number of PAD is increasing at a faster pace, which is ultimately driving the market of Skin Perfusion Pressure Testing Devices. Other factors, such as the rising prevalence of diabetes and the technological advancements have broadened the range of the Skin Perfusion Pressure Testing Devices.