Major Force in the Atherectomy Devices Market 2025: Rising Coronary Artery Disease Incidence Fuels Atherectomy Device Market Expansion

How Will the Atherectomy Devices Market Grow, and What Is the Projected Market Size?
Over the past few years, there has been substantial growth in the market size of atherectomy devices. The market, which is valued at $0.93 billion in 2024, is projected to reach $1.02 billion by 2025, reflecting a compound annual growth rate (CAGR) of 9.8%. Factors that have contributed to this historic growth include an upsurge in cardiovascular diseases, growth in the elderly population, increasing rates of obesity, a rise in funding and investment geared towards cardiovascular research and enhancement of healthcare facilities, as well as heightened awareness about minimally invasive surgeries.

The market for atherectomy devices is predicted to experience substantial growth in the upcoming years, escalating to $1.46 billion in 2029 with a compound annual growth rate (CAGR) of 9.4%. The anticipated growth during the forecast period is due to the rise in diabetes, an increasing incidence of diseases related to lifestyle, higher availability of reimbursement for atherectomy systems, an increase in disposable incomes, and growing demand for atherectomy procedures. Key trends expected during the forecast period include ongoing innovations in atherectomy devices, the use of sophisticated imaging technology, focus on patient-oriented care, the application of robotic systems, and the use of real-time data analytics and machine learning.

What Factors Are Propelling the Expansion of the Atherectomy Devices Market?
The growth of the atherectomy devices market is projected to be driven by the increasing occurrence of coronary artery disease (CAD). CAD is a condition where coronary arteries are narrowed or blocked due to plaque deposits, causing a reduction in blood flow to the heart. The rise in the elderly population worldwide, a surge in inactive lifestyles, elevated stress and mental health disorders, and higher consumption of unhealthy foods have all contributed to the prevalence of this disease. Directional coronary atherectomy, a relatively non-invasive procedure, is used to eliminate obstructions in the coronary arteries, thereby improving blood flow to the heart and relieving pain. For example, the Singapore Heart Foundation (SHF), a non-profit organization based in Singapore, reported that the overall cardiovascular disease mortality rose to 8,311 in 2023 from 7,762 in 2021. Additionally, 60% of these deaths in 2023 were attributed to atherosclerosis, slightly higher than 59% in 2022. Hence, the escalating prevalence of coronary artery disease is acting as a driving factor propelling the expansion of the atherectomy devices market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15728&type=smp

Who Are the Major Industry Players Fueling Atherectomy Devices Market Expansion?
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

Which Key Developments Are Influencing the Atherectomy Devices Market?
Leading firms in the atherectomy devices market are seeking a competitive advantage by inventing new products such as the atherectomy peripheral platform-based catheter. This unique medical tool is used to manage peripheral artery disease by navigating through blood vessels to remove obstructions in the leg arteries. Take for example, the US-based medical device manufacturing company, Cardio Flow, introduced their creation, the FreedomFlow, an orbital atherectomy peripheral platform, in October 2023. The cutting-edge FreedomFlow platform employs an innovative method to eliminate plaque blockages in leg arteries. It uses a proprietary catheter-based design that leverages angular momentum physics, and has a spiral structure with five diamond-covered spheres that stay in continuous contact with the vessel wall during both insertion and removal.

How Is the Segmentation of the Atherectomy Devices Market Defined?
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

Subsegments:
1) By Rotational Atherectomy Devices: Coronary Rotational Atherectomy Devices, Peripheral Rotational Atherectomy Devices
2) By Orbital Atherectomy Devices: Coronary Orbital Atherectomy Devices, Peripheral Orbital Atherectomy Devices
3) By Directional Atherectomy Devices: Coronary Directional Atherectomy Devices, Peripheral Directional Atherectomy Devices
4) By Other Products: Laser Atherectomy Devices, Excimer Laser Atherectomy Systems

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/atherectomy-devices-global-market-report

What Is the Leading Region in the Atherectomy Devices Market?
North America was the largest region in the atherectomy devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the atherectomy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Is Covered In The Atherectomy Devices Global Market Report?

- Market Size Analysis: Analyze the Atherectomy Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Atherectomy Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Atherectomy Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Atherectomy Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15728

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.