Atherectomy devices are widely used to treat peripheral arterial disease
and coronary disease. Every device is designed differently to vaporize, sand,
shave, or cut plaques, resting on their characteristics. Rotational atherectomy
systems, photo-ablative atherectomy systems, orbital atherectomy systems, and
directional atherectomy systems are the four most widely used atherectomy
devices.
The atherectomy
devices market is expected to reach USD 681.43
Million by 2030 at 11.9% CAGR during the forecast period 2022-2030.
Numerous factors are adding to the global atherectomy
devices market. Such factors, according to the recent MRFR report,
include strengthening distribution channels of leading product manufacturers,
burgeoning demand for atherectomy procedures that are minimally invasive,
favorable medical reimbursements, commercialization, and continuous product
development, and rising target patient population. Additional factors adding to
the global atherectomy devices market growth include increasing investments by
government organizations, untapped market opportunities, especially in emerging
countries, rising prevalence of various neurovascular and cardiovascular diseases
(peripheral artery disease), and growing healthcare expenditure.
On the contrary, scarcity of skilled medical professionals and
post-operative complications are factors that may limit the global atherectomy
devices market growth over the forecast period.
Major Key
Players:
Notable Atherectomy
Devices Market Players include Cardinal Health, Straub
Medical, Koninklijke Philips, B. Braun Melsungen AG, Boston Scientific
Corporation, Minnetronix, Inc., Avinger, Biotronik, Abbott, C.R. Bard,
Biomerics, and others. Industry players have adopted strategies such as
strategic alliances, extensive research, and development activities, joint
ventures, collaborations, and new product launches to stay ahead in the
competition.
Segment Analysis
The Market Research Future Report provides an
inclusive segmental analysis of the global atherectomy devices market based on
application, product type, and end user.
By product type, the atherectomy devices market is
segmented into rotational atherectomy systems, photo-ablative atherectomy
systems, orbital atherectomy systems, directional atherectomy systems, and
others. Rotational atherectomy systems allow percutaneous coronary
intervention, especially for calcified coronary lesions that are complex. It
functions on the differential cutting principle and preferentially ablates
inelastic, hard, calcified plaque. The photo-ablative atherectomy systems help
in vaporizing the plaque. The orbital atherectomy system helps to continuously
clear plaque by pulverizing into small particles. The directional atherectomy
system helps to remove the plaque by cutting through one direction. Of these,
directional atherectomy systems will lead the market over the forecast period.
By application, the global atherectomy devices market
is segmented into peripheral vascular, neurovascular, cardiovascular, and others.
Of these, the peripheral vascular segment will dominate the market over the
forecast period.
By end user, the global atherectomy devices market is
segmented into ambulatory surgery centers, hospitals, and others. Of these,
hospitals is likely to have a major share in the market over the forecast
period.
Regional Analysis
The Americas holds the dominant share in the global atherectomy devices
market, followed by Europe. The growing prevalence of atherosclerosis in North
America is likely to ensure continued dominance of the Americas in the global
atherectomy devices market over the forecast period.
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