Key Influencer in the Plaque Modification Devices Market 2025: Rising Minimally Invasive Procedures Driving Market Growth Driver

What Is the Forecasted Market Size and Growth Rate for the Plaque Modification Devices Market?
The market size for plaque modification devices has seen solid growth in the past few years. There is an expected increase from $1.38 billion in 2024 to $1.50 billion in 2025, with a compound annual growth rate (CAGR) of 8.7%. The factors contributing to this progression in the historic period include an increase in the prevalence of cardiovascular diseases and related ailments, a rising demand for procedures that are minimally invasive, a growing elderly population, an uptick in conditions related to atherosclerosis, and a surge in obesity rates among the general population.

In the coming years, robust growth is anticipated for the plaque modification devices market, which is projected to increase to a net valuation of $2.07 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.4%. This impending expansion during the forecasted timeframe can be accredited to several factors such as the proliferation of minimally invasive surgical procedures, the escalating patient tally with coronary conditions, the rise in the aging demographic, favorable insurance reimbursement policies, and the prevalence of sedentary lifestyle-induced ailments. Key emerging trends expected to shape the market during the forecast period involve the adoption of minimally invasive surgical methodologies, the innovation and market introduction of atherectomy apparatus, technological advancements, investments into the creation of precise, cutting-edge plaque modification devices, and the embrace of novel technologies.

What Factors Are Propelling the Expansion of the Plaque Modification Devices Market?
The plaque modification devices market is forecasted to see positive growth due to the increasing adoption of minimally invasive procedures. These procedures utilize smaller incisions and cause less tissue damage and trauma than traditional open surgery. Technological advancements, such as high-definition imaging and robotic systems, alongside patient demands for quick recovery and less scarring, are driving the rise of these minimally invasive procedures. Plaque modification devices play a key role in enhancing the safety and effectiveness of these procedures, allowing for precise clearance of arterial obstructions and expanding treatment options for patients with complicated vascular conditions. A reflection of this increase in popularity is evident as Intuitive Surgical Inc., an American manufacturer of robotic items, reported that it had installed 415 da Vinci surgical systems, a robot-assisted surgical approach, in Q4 2023, marking a 12% increase from 2022. As such, the increasing number of minimally invasive procedures is fuelling the expansion of the plaque modification devices market.

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Which Businesses Are at the Forefront of Plaque Modification Devices Market Development?
Major companies operating in the plaque modification devices market are Cardinal Health, Johnson & Johnson, Abbott Laboratories, Siemens Healthineers, Philips Healthcare, Becton Dickinson, Stryker Corporation, Boston Scientific, Terumo Corporation, Edward Lifesciences Corporation, Teleflex Incorporated, Merit Medical Systems Inc., MicroPort Scientific Corporation, Asahi Intecc Co. Ltd., AngioDynamics, Cardiovascular Systems Inc. (CSI), ACIST Medical Systems Inc., Endologix Inc., Avinger Inc., SoundBite Medical Solutions Inc.

How Is the Plaque Modification Devices Market Evolving?
Leading companies in the market for plaque modification devices are prioritising the development of cutting-edge solutions, such as catheter-based systems that use intravascular image guidance, in an effort to maintain their competitive advantage. Intravascular image-guided solutions involve using imaging technology to easily navigate instruments or devices within blood vessels during medical procedures or interventions. An example of this can be seen in August 2024, when Avinger, a medical device company from the US, introduced their Pantheris LV image-guided directional atherectomy system, specifically designed to treat peripheral artery disease in larger vessels like the superficial femoral and popliteal arteries. The system brings unique advantages such as increased speed in removing hardened occlusive tissue, a custom jog mechanism for enhanced apposition of plaque, and an advanced system for managing guidewires to simplify the operation for the user.

How Is the Plaque Modification Devices Market Segmented?
The plaque modification devices market covered in this report is segmented -

1) By Type: Atherectomy Devices, Thrombectomy Devices, Chronic Total Occlusion Devices, Embolic Protection Devices
2) By Application: Coronary Artery Disease, Peripheral Artery Disease, Neurovascular Diseases
3) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users

Subsegments:
1) By Atherectomy Devices: Rotational Atherectomy Devices, Directional Atherectomy Devices, Laser Atherectomy Devices, Orbital Atherectomy Devices
2) By Thrombectomy Devices: Mechanical Thrombectomy Devices, Aspiration Thrombectomy Devices, Manual Thrombectomy Devices, Hybrid Thrombectomy Devices
3) By Chronic Total Occlusion (CTO) Devices: CTO Crossing Guidewires, CTO Balloons, CTO Catheters, CTO Support Systems
4) By Embolic Protection Devices: Distal Protection Devices, Proximal Protection Devices, Filter-Based Embolic Protection Devices, Balloon-Based Embolic Protection Devices

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Where Is the Plaque Modification Devices Market Growth Most Prominent?
North America was the largest region in the plaque modification devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plaque modification devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Plaque Modification Devices Global Market Report?

- Market Size Analysis: Analyze the plaque modification devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the plaque modification 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 plaque modification devices market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the plaque modification devices market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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