6.1% CAGR growth by 2023 in Atherectomy Devices Market|Major Players- Abbott Laboratories, Avinger, B. Braun Group, Biomerics, Biotronik, Boston Scientific, C.R. Bard, amongst others.

North America to Command Dominance

North America is expected to command the largest share of the market. Factors such as increasing availability of reimbursements for atherectomy systems, growing adoption of atherectomy systems among medical professionals, large patient population of peripheral & coronary artery diseases, and growing number of clinical trials are driving the growth of the North American atherectomy devices market.

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Atherectomy is a minimally invasive procedure generally used to treat arteries it can be used in veins and vascular bypass grafts as well. The demand for this surgery is growing up at a very high rate due to several factors that include less pain, shorter hospital stay, less scarring, less injury to tissue and higher accuracy rate. This will lead to a high CAGR with which the market is expected to grow in the forecast period. Other factors such as continuous product development and commercialization, favorable medical reimbursement scenario in mature markets and strengthening distribution channels of major product manufacturers will lead to the growth of the atherectomy devices market.

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Market Segments:
Atherectomy devices market is segmented by:
1. Product: Directional Atherectomy Systems, Orbital Atherectomy Systems, Photo-Ablative (Laser) Atherectomy Systems , Rotational Atherectomy Systems
2. Application: Peripheral Vascular Applications, Cardiovascular Application, Neurovascular Applications
3. End User: Hospitals & Surgical Centers, Ambulatory Care Centers, Research Laboratories & Academic Institutes
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments:
• January 2018 - Avinger, a developer of treatments for peripheral artery disease (PAD), has announced the first use of their next generation Pantheris lumivascular atherectomy system. The device was used by vascular surgeon Arne Schwindt to treat patients at St Franziskus Hospital in Mu00fcnster, Germany.

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