Laser Atherectomy Market Segments, Opportunity, Growth And Forecast By End-Use Industry 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Laser Atherectomy Devices Global Market Report 2023 identifies A rise in the prevalence of atherosclerosis as the major driver for the Laser Atherectomy Devices market's growth in the forecast period. Atherosclerosis refers to a medical condition in which fat builds up inside the arteries, causing them to narrow and harden. This can restrict blood flow to vital organs and tissues and lead to serious health complications such as heart disease, stroke, and peripheral artery disease. A laser atherectomy device is used in the treatment of atherosclerosis. The device works by using a laser to vaporize the plaque, which is then removed from the body through a catheter.

The global laser arthectomy devices market size is expected to grow from $1.07 billion in 2022 to $1.16 billion in 2023 at a compound annual growth rate (CAGR) of 8.58%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global laser arthectomy devices market size is expected to reach $1.55 billion in 2027 at a CAGR of 7.59%.

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Major competitors in the Laser Atherectomy Devices market are Boston Scientific Corporation, Terumo Corporation, Medtronic Plc., Avinger Inc., Cardiovascular Systems Inc. (CSI), Koninklijke Philips N.V, AngioDynamics Inc., BD (Becton, Dickinson and Company), Eximo Medical Ltd.

A key trend in the Laser Atherectomy Devices market includes Technological advancements. Major companies operating in the laser atherectomy devices market are adopting new technologies to sustain their position in the market. For instance, in September 2020, AngioDynamics Inc., a US-based medical device manufacturer, launched the Auryon Atherectomy System, a minimally invasive device used for the treatment of peripheral artery disease (PAD), including critical limb ischemia (CLI) and in-stent restenosis (ISR). With this innovative technology and the use of the system's 355nm laser platform, PAD may be effectively treated while lowering the danger of perforation and maintaining the capacity to evaporate lesions without thermal ablation. The system features a laser catheter that is designed to ablate the plaque and thrombus within the vessel. The device is equipped with proprietary technology that delivers precise energy to the lesion while protecting the healthy arterial tissue.

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The Laser Atherectomy Devices market is segmented -
1) By Type: Computer Control, Other Types
2) By Application: Cardiovascular, Peripheral Vascular, Neurovascular
3) By End-User: Hospitals And Surgical Centers, Ambulatory Care Centers, Others End-Users

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Laser Atherectomy Devices market.

The Business Research Company's "Global Laser Atherectomy Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Laser Atherectomy Devices Market Include:
1. Executive Summary
2. Laser Atherectomy Devices Market Characteristics
3. Laser Atherectomy Devices Market Trends And Strategies
4. Laser Atherectomy Devices Market - Macro Economic Scenario
5. Laser Atherectomy Devices Market Size And Growth
……
27. Laser Atherectomy Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Laser Atherectomy Devices Market
29. Laser Atherectomy Devices Market Future Outlook and Potential Analysis
30. Appendix

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