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Covid-19 impact on - Orbital Atherectomy Market 2020 Industry Research, Share, Trend, Industry Size, Price, Future Analysis, Regional Outlook to 2026 Research Report | DBMR Updates
Orbital Atherectomy Market
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Global orbital atherectomy market is set to witness a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to increasing demand for insertable cardiac monitors.
Few of the major competitors currently working in global orbital atherectomy market are Cardiovascular Systems, Inc., Mercator MedSystems, Medtronic, Koninklijke Philips N.V, Boston Scientific Corporation, BIOTRONIK, Inc., BD, Avinger, Straub Medical AG among others.
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Market Analysis:
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Market Definition: Global Orbital Atherectomy Market
Orbital atherectomy is used in treatment of symptomatic peripheral arterial disease in leg and heart arteries. The orbital atherectomy is an over-the-wire, hand-held device, which comprised sheath-covered drive shaft and a diamond-coated crown. The device provides an abrasive surface to decrease coronary arteries plaque. The market for Orbital atherectomy is expected to rise in the forecasted year due to increase in chronic kidney disease.
Segmentation: Global Orbital Atherectomy Market
Orbital Atherectomy Market : By Type
Peripheral Orbital Atherectomy System
Coronary Orbital Atherectomy System
Orbital Atherectomy Market : By End User
Hospitals
Surgical Centers
Ambulatory Care Centers
Specialty Clinics
Research Laboratories & Academic Institutes
Others
Orbital Atherectomy Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Orbital Atherectomy Market:
In June 2019, Cardiovascular Systems, Inc. has competed first trial with patient under REACH PVI study. The main focus of the study is to examine orbital atherectomy's acute clinical consequences via transradial access for peripheral artery disease (PAD) treatment in lower extremity lesions. The trial company to increase its market presence in the market
In September, 2019 Cardiovascular Systems, Inc. has attained Morgan Stanley 17th Annual Global Healthcare Conference. The company has heighted advantages of the product in the conference which will help company to increase revenue generation as the conference is attended by academics, , researchers, scientists, health-care professionals, and educators from all over the world.
Orbital Atherectomy Market : Competitive Analysis
Global orbital atherectomy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Orbital Atherectomy market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Orbital Atherectomy Market Drivers :
Increasing number of chronic disease around the world is expected to drive the growth of the market in the forecasted period.
Availability of reimbursement policy is increasing usage of orbital atherectomy which is expected to enhance growth of the market in the forecasted period.
Increasing levels of geriatric population is expected to increase growth of the market in the forecasted period.
Increasing demand for minimally invasive surgeries for coronary artery disease is contributing to the growth of the market
Orbital Atherectomy Market Restraint :
Orbital atherectomy usage sometimes prevent adequate stent expansion and apposition during surgical procedure which is expected to restrain the market growth
Orbital atherectomy is associated with risk of high frequency of dissections which is expected to hinder the market growth
Orbital Atherectomy are difficult to dilate the balloon that is hindering usage of Orbital Atherectomy which is expected to restrain the market growth
The Orbital Atherectomy Market report describes a comprehensive insight into the application scope of the market. In addition, the report comprises details relevant to the market share obtained by various segments. Information about the revenue gathered from the segments along with the projected sales for the project duration is stated in the document. Essential insights about the vital parameters such as the competition trends and market focusing rate is included in the report. The Orbital Atherectomy Market analysis report describes details about the marketing channels accepted by the manufacturers for their products in tandem with the information regarding the traders, distributors, and dealers competing in the market.
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