Report Feature
Atherectomy Devices Trends and Forecast
The future of the global atherectomy devices market looks promising with opportunities in the peripheral vascular, cardiovascular, and neurovascular markets. The global atherectomy devices market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are growing cases of peripheral arterial diseases, rising medical reimbursement scenario in mature markets, and increasing inclination towards minimally invasive surgical procedures.
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Atherectomy Devices by Segment
The study includes a forecast for the global atherectomy devices by product, application, end use, and region.Atherectomy Devices Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Directional Atherectomy Systems
• Orbital Atherectomy Systems
• Photo-ablative (Laser) Atherectomy Systems
• Rotational Atherectomy Systems
Atherectomy Devices Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Peripheral Vascular Applications
• Cardiovascular Applications
• Neurovascular Applications
Atherectomy Devices Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals and Surgical Centers
• Ambulatory Care Centers
• Others
Atherectomy Devices Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Atherectomy Devices Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies atherectomy devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the atherectomy devices companies profiled in this report include-• Abbott Laboratories
• B. Braun
• Boston Scientific
• Becton, Dickinson
• Cardinal Health
• Koninklijke Philips
• Medtronic
• RA Medical
• Terumo Corporation
• Cardiovascular
Atherectomy Devices Market Insights
Lucintel forecasts that orbitalal atherectomy systems is expected to witness highest growth over the forecast period due to increasing adoption of small, diamond-coated, orbital sanding disc, which can rotate and gently sands away the plaque buildup. Peripheral vascular applications will remain the largest segment due to the easy availability of clinical evidence that helps in supporting therapeutic efficacy of atherectomy in pVD treatment. North America will remain the largest segment over the forecast period due to easy availability of reimbursements for atherectomy systems, growing adoption of atherectomy systems among medical professionals, and an increasing healthcare infrastructure in the region.Features of the Global Atherectomy Devices Market
Market Size Estimates: Atherectomy devices market size estimation in terms of value ($B). Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions. Segmentation Analysis: Atherectomy devices market size by product, application, end use, and region in terms of value ($B). Regional Analysis: Atherectomy devices marketbreakdown by North America, Europe, Asia Pacific, and Rest of the World. Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the atherectomy devices market. Strategic Analysis: This includes M&A, new product development, and competitive landscape of the atherectomy devices market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.FAQ
Q.1 What is the atherectomy devices market size? Answer: The global atherectomy devices market is expected to reach an estimated $1.4 billion by 2030. Q.2 What is the growth forecast for atherectomy devices market? Answer: The global atherectomy devices market is expected to grow with a CAGR of 6.7% from 2024 to 2030. Q.3 What are the major drivers influencing the growth of the atherectomy devices market? Answer: The major drivers for this market are growing cases of peripheral arterial diseases, rising medical reimbursement scenario in mature markets, and increasing inclination towards minimally invasive surgical procedures. Q4. What are the major segments for atherectomy devices market? Answer: The future of the global atherectomy devices market looks promising with opportunities in the peripheral vascular, cardiovascular, and neurovascular markets. Q5. Who are the key atherectomy devices market companies? Answer: Some of the key atherectomy devices companies are as follows:• Abbott Laboratories
• B. Braun
• Boston Scientific
• Becton, Dickinson
• Cardinal Health
• Koninklijke Philips
• Medtronic
• RA Medical
• Terumo Corporation
• Cardiovascular Q6. Which atherectomy devices market segment will be the largest in future? Answer: Lucintel forecasts that orbitalal atherectomy systems is expected to witness highest growth over the forecast period due to increasing adoption of small, diamond-coated, orbital sanding disc, which can rotate and gently sands away the plaque buildup. Q7. In atherectomy devices market, which region is expected to be the largest in next 5 years? Answer: North America will remain the largest segment over the forecast period due to easy availability of reimbursements for atherectomy systems, growing adoption of atherectomy systems among medical professionals, and an increasing healthcare infrastructure in the region. Q.8 Do we receive customization in this report? Answer: Yes, Lucintel provides 10% customization without any additional cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Atherectomy Devices Market
4.1 Global Atherectomy Devices Market by Region
4.2.1 North American Atherectomy Devices Market by Product: Directional Atherectomy Systems, Orbital Atherectomy Systems, Photo-ablative (Laser) Atherectomy Systems, and Rotational Atherectomy Systems
4.2.2 North American Atherectomy Devices Market by Application: Peripheral Vascular Applications, Cardiovascular Applications, and Neurovascular Applications
4.3.1 European Atherectomy Devices Market by Product: Directional Atherectomy Systems, Orbital Atherectomy Systems, Photo-ablative (Laser) Atherectomy Systems, and Rotational Atherectomy Systems
4.3.2 European Atherectomy Devices Market by Application: Peripheral Vascular Applications, Cardiovascular Applications, and Neurovascular Applications
4.4.1 APAC Atherectomy Devices Market by Product: Directional Atherectomy Systems, Orbital Atherectomy Systems, Photo-ablative (Laser) Atherectomy Systems, and Rotational Atherectomy Systems
4.4.2 APAC Atherectomy Devices Market by Application: Peripheral Vascular Applications, Cardiovascular Applications, and Neurovascular Applications
4.5.1 ROW Atherectomy Devices Market by Product: Directional Atherectomy Systems, Orbital Atherectomy Systems, Photo-ablative (Laser) Atherectomy Systems, and Rotational Atherectomy Systems
4.5.2 ROW Atherectomy Devices Market by Application: Peripheral Vascular Applications, Cardiovascular Applications, and Neurovascular Applications
6.1.1 Growth Opportunities for the Global Atherectomy Devices Market by Product
6.1.2 Growth Opportunities for the Global Atherectomy Devices Market by Application
6.1.3 Growth Opportunities for the Global Atherectomy Devices Market by End Use
6.1.4 Growth Opportunities for the Global Atherectomy Devices Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the atherectomy devices market by product (directional atherectomy systems, orbital atherectomy systems, photo-ablative (Laser) atherectomy systems, and rotational atherectomy systems), application (peripheral vascular applications, cardiovascular applications, and neurovascular application), end use (hospitals and surgical centers, ambulatory care centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the industry? For any questions related to Atherectomy Devices Market, Atherectomy Devices Market Size, Atherectomy Devices Market Growth, Atherectomy Devices Market Analysis, Atherectomy Devices Market Report, Atherectomy Devices Market Share, Atherectomy Devices Market Trends, Atherectomy Devices Market Forecast, Atherectomy Devices Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
