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Top Players Revolving in the Peripheral Artery Disease (pad) Landscape

Published
Published Date : Dec 2023
Author : Pratibha Bhattacharjee
Biography : Sr. content writer at Brand Essence Market Research. Passionate about content curation in the market research vertical. Always striving to create reliable and engaging industry-based content.

Peripheral Artery Disease (PAD) is a condition characterized by the narrowing or blockage of the arteries that supply blood to the peripheral (outside the heart and brain) areas of the body, typically the legs. This narrowing or blockage is often due to the buildup of fatty deposits (plaque) on the walls of the arteries, a process known as atherosclerosis.

The prominent companies operating here are-

AngioDynamics Inc.

Headquartered in Latham, New York, United States, the company was set up on February 9th, 1988. Eamonn P. Hobbs is regarded as the founding father of AngioDynamics. It is predominantly known for developing and marketing numerous therapeutic and diagnostic devices catering to various medical conditions.

AngioDynamics is known for offering medical devices and technologies that play a role in the assessment and treatment of peripheral vascular diseases. It produces  devices used in minimally invasive interventions for PAD, such as angioplasty and stent placement.

Cardinal Health Inc.

Robert D. Walter founded this company in 1971. Its headquarters are located in Dublin, Ohio, United States. It is involved in the distribution of pharmaceuticals and medical products, manufacturing of medical and surgical products, and the provision of services to healthcare facilities.

With context to PAD, it supplies medical devices, imaging equipment, or pharmaceuticals that are used in the diagnosis and treatment of PAD.

Abbott Laboratories

The company was established in 1888 with its headquarters in Chicago, Illinois, United States. It is predominantly engaged in the development, manufacturing, and marketing of a vast range of healthcare products, including pharmaceuticals, medical devices, diagnostics, and nutrition products.

With context to PAD, Abbott develops diagnostic tools or tests that aid in the identification of PAD. This could include imaging technologies, blood tests, or other diagnostic methods used to evaluate the blood vessels and diagnose vascular conditions.

Novartis AG

Founded on February 29th, 1996, the company has its headquarters in Basel, Switzerland. It is one of the largest pharmaceutical companies globally, with a focus on research, development, manufacturing, and marketing of a wide range of healthcare products.

Novartis has a rich portfolio of PAD treatment entities. It has developed various medications and therapeutic solutions that aid the management of this ailment.

AstraZeneca

Established on April 6th, 1999, the company’s headquarters are located in Cambridge, United Kingdom. It predominantly emphasizes on the research, development, and manufacturing of prescription drugs across various therapeutic areas, including cardiovascular and metabolic diseases.

AstraZeneca has developed medications that address the underlying conditions or symptoms associated with PAD. Treatments for PAD often involve medications aimed at improving blood flow, managing risk factors, and preventing complications.

Final Words

The landscape of Peripheral Artery Disease (PAD) involves several key players, including pharmaceutical and medical device companies at the forefront of research, development, and innovation. Companies such as Novartis, AstraZeneca, Abbott Laboratories, and others contribute significantly to the PAD landscape by offering a range of medications, diagnostic tools, and interventional devices aimed at both diagnosing and treating this vascular condition. Their collective efforts play a crucial role in advancing the understanding of PAD, providing healthcare professionals with tools to diagnose the disease effectively, and offering treatment options to improve the quality of life for individuals affected by PAD. As the field continues to evolve, collaboration and ongoing research by these top players remain essential in addressing the challenges posed by PAD and developing more effective and accessible solutions for patients worldwide.

SUMMARY

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