Atherectomy Devices Market To Register A Healthy CAGR For The Forecast Period To 2030
- jigar dave
- Jan 9, 2023
- 2 min read
Atherectomy Devices Market Overview:
In a recent research report by Market Research Community, the atherectomy devices market is expected to surpass USD 6.35 Billion by the year 2030, from USD 4.20 Billion in 2021.
Atherectomy devices are medical instruments used to remove plaque buildup from the walls of arteries. These devices work by using a rotating blade, laser, or ultrasound to remove the plaque and improve blood flow to the heart and other organs. Atherectomy is often used to treat coronary artery disease, carotid artery disease, and peripheral arterial disease.
The Atherectomy Devices market is projected to grow at a significant pace reaching a CAGR of approximately 4.7%, over the forecast period of 2022–2030, despite a considerable fall in Type sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
By type
· directional atherectomy
· rotational atherectomy
· orbital atherectomy
· laser atherectomy
By end use
· hospitals and surgical centers
· ambulatory care centers
· other end users
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The atherectomy devices market is expected to grow significantly over the next few years due to the increasing prevalence of cardiovascular diseases, such as coronary artery disease and peripheral arterial disease. These diseases are often caused by plaque buildup in the arteries, which can be treated with atherectomy procedures. The market is also driven by the development of newer and more advanced atherectomy devices, as well as an increasing preference for minimally invasive procedures.
The study is consolidated into major segments and further into sub-segments, such as by type (directional atherectomy, rotational atherectomy, orbital atherectomy, laser atherectomy) by end use (hospitals and surgical centers, ambulatory care centers, other end users) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Boston Scientific Corporation, Cardiovascular Systems Inc., Medtronic (Covidien), Spectranetics, VOLCANO CORPORATION, Avinger Inc., Koninklijke Philips N.V, Straub Medical AG, ST. JUDE MEDICAL, BARD Peripheral Vascular, Cardinal Health (Cordis), and Terumo IS.
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