Peripheral arterial disease (PAD) is characterized by narrowed arteries reducing blood flow to the limbs, primarily affecting the abdominal aorta and lower limb arteries, often due to atherosclerosis. Common symptoms include intermittent claudication, rest pain, and coldness in the extremities, while diagnosis involves methods such as the ankle-brachial pressure index and angiography. Management strategies range from medical treatments like antiplatelet therapy to surgical interventions for severe cases, with lifestyle changes being crucial to prevent disease progression.