Atherectomy Devices Market Outlook And Analysis Through 2024-2033

"The new report published by The Business Research Company, titled ""Atherectomy Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the atherectomy devices market size has grown strongly in recent years. It will grow from $0.85 billion in 2023 to $0.93 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The atherectomy devices market size is expected to see strong growth in the next few years. It will grow to $1.33 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%.

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Rising Coronary Artery Disease Incidence Fuels Atherectomy Device Market Expansion
The prevalence of coronary artery disease is expected to propel the growth of the atherectomy devices market going forward. Coronary artery disease (CAD) refers to a condition characterized by the narrowing or blockage of the coronary arteries due to plaque buildup, leading to reduced blood flow to the heart. The prevalence of coronary artery disease is due to a global increase in the elderly population, a rise in sedentary behaviors, increased levels of stress and mental health issues, and increased consumption of unhealthy foods. Directional coronary atherectomy is a minimally invasive procedure designed to remove blockages from coronary arteries, enhancing blood flow to the heart muscle and alleviating pain. For instance, in May 2023, according to the Centers for Disease Control And Prevention, a US-based governmental organization, the percentage of coronary heart disease ( a condition where plaque builds up inside the coronary arteries) in adults aged 18 and over was 4.6% in 2020, which increased to 4.9% in 2021. Additionally, the percentage of angina for adults aged 18 and over accounted for 1.6% in 2022, compared to 1.5% in 2021. Therefore, the prevalence of coronary artery disease retailers is driving the growth of the atherectomy devices market.

Innovative Atherectomy Peripheral Platform Catheters Shaping The Atherectomy Devices Market
Major companies operating in the atherectomy devices market are developing innovative products, such as the atherectomy peripheral platform-based catheter, to gain a competitive edge in the market. An atherectomy peripheral platform-based catheter is a medical device utilized to treat peripheral artery disease by navigating through blood vessels to address arterial blockages in the legs. For instance, in October 2023, Cardio Flow, a US-based medical device company manufacturing, launched the FreedomFlow, an orbital atherectomy peripheral platform. The FreedomFlow platform employs a contemporary mechanism to remove plaque blockages in the leg arteries, utilizing a proprietary catheter-based design that utilizes angular momentum physics, featuring a spiral geometry with five diamond-coated spheres maintaining constant contact with the vessel wall during both advancement and retraction.

The atherectomy devices market covered in this report is segmented -

1) By Product: Rotational Atherectomy Devices, Orbital Atherectomy Devices, Directional Atherectomy Devices, Other Products
2) By Application: Peripheral Vascular Applications, Cardiovascular Applications, Neurovascular Applications
3) By End User: Hospitals And Surgical Centers, Ambulatory Care Centers, Other End Users

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Major companies operating in the atherectomy devices market are Cardinal Health Inc., Bayer AG, Abbott Laboratories, Medtronic plc, Becton Dickinson and Company, Philips Healthcare, Boston Scientific Corporation, Merit Medical Systems Inc., Terumo Corporation, Cook Medical LLC, Integer Holdings Corporation, Biotronik SE & Co. KG, Penumbra Inc., Biomerics LLC, Asahi Intecc Co. Ltd., Volcano Corporation, AngioDynamics Inc., Cordis Corporation, Straub Medical AG, Avinger Inc., Cardio Flow Inc., Eximo Medical Ltd., Ra Medical Systems Inc., Acotec Scientific Holdings Ltd., ArioMedica Ltd

Contents of the report:
1. Executive Summary
2. Atherectomy Devices Market Report Structure
3. Atherectomy Devices Market Trends And Strategies
4. Atherectomy Devices Market - Macro Economic Scenario
5. Atherectomy Devices Market Size And Growth
…..
27. Atherectomy Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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