Atherectomy Devices Market Analysis By Top Players Medtronic, Cardiovascular Systems, Inc. (CSI), and Koninklijke Philips N.V.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2769
According to Global Market Insights, Inc., atherectomy devices market size is projected to surpass USD 1 billion by 2027.
Significant increase in the number of hospitalizations due to rising influx of patients managing atrial plaque through angioplasty, and surgical interventions coupled with increasing demand for minimally damaging surgical operatives, is favoring the product adoption further. Apart from this, ongoing technological advancements are opening new growth opportunities for the industry. For instance, in 2020, Leading manufacturer of medical devices, AngioDynamics, Inc. launched an innovative laser-based technology solution named Auryon Atherectomy System for the treatment of Peripheral Artery Disease (PAD), In-Stent Restenosis (ISR) and Critical Limb Ischemia (CLI).
An overview of some of the major segments that are augmenting the growth of atherectomy devices market is outlined as under:
With regards to the product type, orbital segment is gaining a significant prominence across the industry. For the records, the segment had secured a sizeable revenue share of over 30% of in 2020. This can be credited to the elevating product demand owing to its ability to increase orbiting speed and orbiting action, which helps in reducing considerable amount of time during the atherectomy procedures. In addition, orbital atherectomy devices like Diamondback 360° Orbital Atherectomy System, which is integrated with proprietary guide wire system, allows the usage of guide wires of configurable sizes and increases the scope of applications. Orbital atherectomy is highly recommended for the treatment of calcified lesions and diseased veins which evokes the product adoption further.
Based on the application bifurcation, coronary applications segment is witnessing higher product adoption and is anticipated to register an appreciable CAGR of 12.0% through 2027. As per a 2019 published article, coronary artery calcification disease is largely prevalent among the patients suffering from coronary heart disease condition. The disease is individually related to the cardiovascular risk of death among the patients of chronic kidney disease which fueling the demand for atherectomy devices.
Speaking of the end-users of atherectomy devices, ambulatory surgical centers are emerging as a lucrative segment showcasing higher product demand. This is majorly due to the increasing patient inclination for these healthcare settings for peripheral vascular procedures. Besides, factors such as favorable reimbursement scenario, better operational efficiency, shorter duration of stay, convenient environment, availability of highly efficient professionals, etc. are fostering the adoption of atherectomy devices in these healthcare facilities. Considering these factors, ambulatory surgical centers segment across atherectomy devices industry is estimated to witness over 9.7% CAGR through 2027.
Request for customization @ https://www.gminsights.com/roc/2769
Regionally, Brazil had dominated the atherectomy devices market in Latin America by registering a valuation of around USD 7.0 million in 2020. This can be attributed to the factors such as increasing life expectancy, growing disposable income, development in medical technology, rising healthcare expenditure, and shifting preference towards early disease detection and non-invasive procedures for pulmonary vascular disorder treatments. Besides, rise in sedentary lifestyle, unhealthy dietary habits, geriatric population and chronic disorders is instigating the prevalence of peripheral artery disease (PAD) in the country. This in turn is driving the growth of regional atherectomy devices market.
Partial Chapter of the Table of Content
Chapter 4. Atherectomy Devices Market, By Product
4.1. Key segment trends
4.2. Directional Atherectomy Devices
4.2.1. Market size, by region, 2016–2027 (USD Million)
4.3. Orbital Atherectomy Devices
4.3.1. Market size, by region, 2016– 2027 (USD Million)
4.4. Laser Atherectomy Devices
4.4.1. Market size, by region, 2016– 2027 (USD Million)
4.5. Rotational Atherectomy Devices
4.5.1. Market size, by region, 2016-2027 (USD Million)
Chapter 5. Atherectomy Devices Market, By Application
5.1. Key segment trends
5.2. Peripheral Vascular Applications
5.2.1. Market size, by region, 2016– 2027 (USD Million)
5.3. Coronary Applications
5.3.1. Market size, by region, 2016– 2027 (USD Million)
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/atherectomy-devices-market
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Atherectomy Devices Market Analysis By Top Players Medtronic, Cardiovascular Systems, Inc. (CSI), and Koninklijke Philips N.V. here
News-ID: 2276763 • Views: 604
More Releases from Global Market Insight, Inc
Inhalation Anesthesia Market Projections 2025 | Abbott, Baxter International, Ha …
Global inhalation anesthesia market is poised to gain massive momentum over the forecast period of 2019 to 2025. This can be credited to the significant rise in product adoption primarily driven by increasing surgical procedures related to respiratory, neurological and chronic disorders. Additionally, supportive reimbursement scenario across developed countries and availability of several insurance schemes for quick and affordable surgical procedures will increase the application of inhalational anesthetics, thereby supporting
Health Insurance Market Trends 2025 | Aetna, Blue Cross Blue Shield Companies, C …
Regular occurrences of long-term diseases will bolster the health insurance industry trends in the next few years. This rise can be attributed to the changing dietary habits, lack of physical activities, poor nutrition, excessive alcohol use, and tobacco consumption. Various Government-backed initiatives by several programs like State Children's Health Insurance Program, Medicaid, Life programs, Department of Defense, TRICARE are employed to provide health insurance policies. Centers for Medicare & Medicaid
Ambulance Services Market Outlook 2021-2026 | Acadian Ambulance Service, BVG Ind …
The global ambulance services market is estimated to foresee momentous growth through the forthcoming time period owing to an upsurge in road accidents. Additionally, the growing prevalence of chronic diseases and increasing medical tourism trend is further slated to augment the overall market size through 2026. Additionally, the introduction of new ambulance models and launch of new technologies that focus on the enhancement of ambulatory care is likely to proliferate
Biosimilars Market Forecast 2025 | Amgen, Biocon, Biogen, Boehringer Ingelheim, …
Touted to be an intrinsic sub-vertical of healthcare and medical devices industry, biosimilars market is poised to record phenomenal gains in the upcoming years owing to the fact that these play a pivotal role in augmenting public health issue by addressing the customer needs to a much larger extent. Numerous reports suggest that biosimilars would result in overall potential savings of nearly USD 100 billion by the end of 2020,
More Releases for Atherectomy
Coronary Atherectomy Devices Market 2021 | Detailed Report
According to Market Study Report, Coronary Atherectomy Devices Market provides a comprehensive analysis of the Coronary Atherectomy Devices Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample PDF (including full TOC, Tables and Figures) of Coronary Atherectomy Devices Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4123197 The report provides a
Atherectomy Devices Market Trends and Drivers
Atherectomy Devices Market top level players are analyzed in report based on current and future development status, and Atherectomy Devices market estimations from 2020 to 2027 in terms of revenue and volume. This report provides strategic recommendations consulted by the industrial experts including market share worldwide, future outlook, cost profit structure, supply, raw materials, labour cost, manufacturing expenses, latest market trends, demands, ROI. The Atherectomy Devices market report analyse the manufacturing
MI Procedures are Steering Atherectomy Devices Market Growth – Arizton
The global atherectomy devices market is witnessing a new phase of technological advancements with the launch of many advanced and innovative coronary atherectomy devices. According to the latest Arizton's market research report, the atherectomy devices market size to cross revenues of $1.2 billion by 2025, growing at a CAGR of over 7% during the period 2019–2025. Atherectomy Devices Market Growth The overall growth of the global atherectomy market is mainly attributed to the
Atherectomy Systems Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Atherectomy Systems Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Atherectomy Systems players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Atherectomy Systems with respect to individual growth
Atherectomy Devices Market Size, Share | Industry Report 2026
The Global Atherectomy Devices Market was valued at $xx.Billion in 2018 and is forecast to grow at a modestxx. % CAGR between 2018 and 2025, culminating in 2026 global sales of $xx.Billion. Atherectomy Device isan endovascular surgery technique which is used to remove atherosclerosis from blood vessels within the human body also been used to treat coronary artery disease. Many times, in the human blood vessels blockage with plaque, so
Atherectomy Devices Market: Future Trends
A fresh commerce and business intelligence study by Transparency Market Research (TMR) detects the global atherectomy devices market to be intensely competitive with the presence of several big shot players. The dominance of the leading players, namely Boston Scientific Corp., Medtronic Plc, Terumo Corp., Royal Philips NV, Cardiovascular Systems Inc., Spectranetics Corp., and Avinger Inc. is mainly because of their vast geographical presence and financial might. The leading players also