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Atherectomy Devices Market Overview by Peripheral, Cardiovascular and Neurovascular Applications Analysis by North America and Europe Region - Projected to Reach US$ 1.45 Billion by 2022

02-14-2019 03:20 PM CET | Health & Medicine

Press release from: ReportsnReports

Atherectomy Devices

Atherectomy Devices

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Report studies the atherectomy devices market based on product, application, and end user. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth. Atherectomy devices market research study involves extensive usage of secondary sources, directories, and databases (such as Hoover’s, Bloomberg Business, Factiva, and Avention), in order to identify & collect information useful for this technical, market-oriented, & financial study of atherectomy devices market. In-depth interviews were conducted with various primary respondents, including subject-matter experts (SMEs), C-level executives of key market players.

Objectives of the study are:
• To define, describe, segment and forecast the global atherectomy devices market on the basis of product, application, end user, and region
• To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and challenges)
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze the growth opportunities in the market for key stakeholders and provide details of the competitive landscape for leading market players
• To forecast the size of market segments with respect to four main regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)
• To profile the key market players active in the global atherectomy devices industry and comprehensively analyze their market shares and core competencies
• To track and analyze competitive developments such as new product developments & commercialization, acquisitions, market expansions, and agreements & collaborations in the atherectomy devices market

The global atherectomy devices market is projected to reach USD 1.45 billion by 2022 from USD 1.08 billion in 2017, at a CAGR of 6.1%.The growth witnessed by atherectomy devices is mainly driven by the growing target patient population, continuous product development & commercialization, favorable medical reimbursements, rising demand for minimally invasive atherectomy procedures, and strengthening distribution channels of major product manufacturers.

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Report covers the atherectomy devices market across four major geographies, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). Of the four geographic regions studied in the report, North America is expected to command the largest share of the market in 2017.

Stakeholders
• Original equipment manufacturers (OEMs)
• Product sales and distribution companies
• Healthcare service providers (hospitals and surgical centers)
• Non-government organizations
• Government regulatory authorities
• Research laboratories and academic institutes
• Clinical research organizations (CROs)
• Research and development companies
• Market research and consulting firms

In 2016, Medtronic (Ireland), Philips (Netherlands), Boston Scientific (US), and Cardiovascular Systems (US) held the leading position in the global atherectomy devices market. In the past three years, these companies adopted product launches, strategic acquisitions, mergers, agreements, collaborations, and expansions as their key business strategies to ensure market dominance. Straub Medical (Switzerland), BIOTRONIK (Netherlands), C.R. Bard (US), and Avinger (US) are some of the other major players in this market.

More Information Now at “Atherectomy Devices Market by Product (Directional, Rotational, Laser, Orbital), Application (Peripheral, Cardiovascular, Neurovascular), End User (Hospitals, Surgical Centers, Ascs, Research Laboratories, Academic Institutes) - Global Forecasts To 2022” report @ http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1241057 .

Research Coverage
It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for the market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends, prospects, and contributions to the total market. The report forecasts the revenue of the market segments with respect to four main regions.

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 (that aim to evaluate the therapeutic efficacy of atherectomy systems in specific disease treatment) are driving the growth of the North American atherectomy devices market.

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