The Atherectomy Devices Market to ride on vibrant data collection

The Atherectomy Devices Market is slated to grow on a stupendous note in the future. In the ongoing situation, virtual monitoring tools coupled with telehealth consultations could help in getting patients treatments at home instead of hospitals. There are pre-programmed mobile devices, pulse oximeters, blood pressure monitors, and various other devices that help the healthcare personnel in keeping up with basic information. This trend is bound to keep the healthcare vertical continuously on its toes in the years to come as well.

Atherectomy is a prime intervention technique used to increase lumen diameter gain. The procedure involves an ablation technique in the form of directional excisional, rotational ablation of plaque, as well as orbital and laser ablation. However, it contributes only a limited share in all vascular intervention procedures. Atherectomy procedure involves the removal of plaque-calcified walls without causing any vascular rupture or damage to the arteries. The prevalence of peripheral artery disease (PAD) and coronary artery disease (CAD) is high.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.persistencemarketresearch.com/samples/3516

Atherectomy Devices Market: Analysis & Insights

The growing demand for intervention with atherectomy is centered on the higher inclination towards technologically-advanced atherectomy devices used in the treatment of severally calcified arteries to reduce the risk of critical limb ischemia. Further increasing demand for intervention devices to gain substantial lumen is anticipated to create demand for peripheral vascular devices and fuel the growth of the atherectomy devices market.

According to the latest research by the company, the global atherectomy devices market is expected to account for over US$ 1546.1 Mn, in terms of value, by 2026 end. The report on the atherectomy devices market further projects substantial growth potential with CAGR of 11.4% through 2026.

As per the data from the Center for Disease Control (CDC), the number of new cases per year for peripheral artery disease (PAD) was approximately 18 million in the US alone. Among which, approximately 20.1% of patients with severally calcified arteries require immediate attention. The increasing incidences of peripheral artery disease are anticipated to increase the demand for intervention procedures, subsequently increasing the demand for atherectomy devices. The wide availability of atherectomy devices in the U.S. is fueling the demand in North America.

Peripheral intervention devices have transformed the way intervention surgeries are performed. Rapid advancements in new technologies have transformed vascular intervention and associated devices. Modern-day atherectomy devices use advanced hi-tech technologies that maximize productivity and efficiency.

Advancements in atherectomy heads have rationalized the concept of minimally invasive interventions. Ultra-precision in performing cuts and ablations through the utilization of diamond-coated crowns and ablating heads leads to minimal vascular injuries. These findings have been supported by various ongoing studies, such as orbit ll and ECLIPS. This factor is again anticipated to clear entry barriers for the atherectomy devices market. The rapid advancements in efficacy studies are fueling the growth of the atherectomy devices market.

For the entire list of market players, request for Table of Content here @ https://www.persistencemarketresearch.com/market-research/atherectomy-devices-market/toc

Company Profiles:

Medtronic Plc.
Boston Scientific Corporation
Cardiovascular Systems, Inc.
Avinger, Inc.
Koninklijke Philips N.V. (Spectranetics + Volcano)

Newer imaging techniques, such as Intravascular ultrasound (IVUS) and Optical Coherence Tomography (OCT), can accurately determine the location of superficial as well as deep arteries and the degree of calcification. Using angiography, calcification can also be estimated by incorporating radio opacifications noted at the time of cine-angiography.

Calcification observed on inner sides of the arterial wall without a cardiac wave and before contrast injection denotes the severe level of calcification. Rotational Atherectomy is an essential tool in the treatment of such severe calcifications. The use of newer advanced imagining techniques that eliminate harmful radiation imaging is anticipated to increase acceptance among end-users, which in turn, is anticipated to drive the atherectomy devices market.

New encouraging statistics from studies on Drug-Coated Balloons (DCB) have reestablished the interest in atherectomy ablation devices and several ongoing randomized clinical trials are currently evaluating ways of combining atherectomy and drug-coated balloons (DCB). The requirement of additional equipment in the working of rotational atherectomy devices increases procedure costs. The development of single-use non-dependable devices is providing leverage to current atherectomy devices and subsequently driving the atherectomy devices market.

Atherectomy devises Market: Segmental Analysis & Forecast

PMR has segmented the global atherectomy devices market based on device type into Rotational Atherectomy Devices (RA), Directional Atherectomy Devices (DA), Orbital Atherectomy Devices (OA), and Laser Ablation Atherectomy Devices (LA). On the basis of end user, the market is further segmented into hospitals, ambulatory surgical centers, and office-based labs (OBL).

In terms of revenue, the Rotational Atherectomy Devices (RA) segment in the atherectomy devices market is anticipated to hold major share over the forecast period. According to PMR, the Rotational Atherectomy Devices (RA) segment accounted for over 31.7% revenue share in the overall atherectomy devices market in 2017.

For in-depth competitive analysis, buy now @ https://www.persistencemarketresearch.com/checkout/3516

However, the growing adaptation of Orbital Atherectomy Devices (OA) in coronary and peripheral intervention due to advantages such as reduced risk of vascular puncture and technological advancements, is projected to fuel the segment’s growth in the near future. However, the Laser Ablation Atherectomy Devices segment in the atherectomy devices market is projected to exhibit limited investment opportunities, in terms of revenue, throughout the forecast period.

The company has segmented the global atherectomy devices market based on device type, indication, and end users. In terms of revenue, the peripheral artery disease indication type segment in the atherectomy devices market is expected to a hold significant share over the forecast period. The peripheral artery disease indication type segment in the atherectomy devices market is expected to exhibit limited investment opportunities, in terms of revenue, throughout the forecast period.

Access Related Reports-

Hematology Analyzers Market: https://www.persistencemarketresearch.com/market-research/hematology-analyzers-market.asp

Cardiac Pacemaker Market: https://www.persistencemarketresearch.com/market-research/cardiac-pacemaker-market.asp

Contact us:

Persistence Market Research
Address – 305 Broadway, 7th Floor New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

About Us:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.