The Surge In Atherosclerosis Prevalence And Its Impact On The Laser Atherectomy Devices Market Driver: A Major Catalyst in the Evolution of the Laser Atherectomy Devices Market in 2025

What industry-specific factors are fueling the growth of the laser atherectomy devices market?
The increasing incidence of atherosclerosis is anticipated to stimulate the expansion of the laser atherectomy devices market. Atherosclerosis is a health condition where fat accumulates in the arteries, making them constrict and stiffen, which may hinder the circulation of blood to crucial organs and tissues. It can result in severe health issues, including heart disease, stroke, and peripheral artery disease. A laser atherectomy device is utilized to treat atherosclerosis by employing a laser to vaporize the plaque, which is subsequently eliminated from the body via a catheter. For instance, the Sentinel Stroke National Audit Programme, a UK-based national healthcare quality enhancement initiative, reported in March 2023 that 91,162 patients were hospitalized with a stroke in 2022/23. This figure is marginally less than the 92,054 reported in 2021/22. Consequently, the escalating prevalence of atherosclerosis is fueling the growth of the laser atherectomy devices market.

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What Is the projected market size and growth rate for the laser atherectomy devices market?
The market size for laser atherectomy devices has seen substantial growth in the past few years. The forecast indicates growth from $1.22 billion in 2024 to $1.3 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The notable growth in the historical interval is related to an increase in cardiovascular ailments, management of intricate lesions, less invasive procedures, enhancements in device construction, clinical substantiation, and effectiveness.

The market for laser atherectomy devices is predicted to experience robust expansion in the upcoming years, increasing to "$1.81 billion by 2029 at a compounded annual growth rate (CAGR) of 8.6%. Factors contributing to this growth for the projected period include an increased demand for less invasive medical procedures, a surge in cardiovascular health issues, broadening regulatory approvals, improvements in the safety and effectiveness of the devices, and physician training programs. Key trends expected during this forecast period are a focus on providing patient-centric care, device miniaturization and portability, personalized treatment strategies, the integration of various imaging technologies, along with an emphasis on safety and efficacy.

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What new trends are reshaping the laser atherectomy devices market and its opportunities?
Leading manufacturers in the laser atherectomy devices market are introducing inventive products like atherectomy systems, aiming to capture a broader customer demographic, enhance sales, and thereby boost revenue. An atherectomy system is a healthcare apparatus used for extracting atherosclerotic plaque from blood vessels. As an example, in August 2022, AngioDynamics Inc., a medical device company based in the US, revealed the approval of Expanded Indications for Auryon Atherectomy System by the United States Food and Drug Administration (FDA). The unique aspect of the Auryon Atherectomy System is its proficiency to effectively manage all infrainguinal lesion types, which includes above-the-knee (ATK), below-the-knee (BTK), and in-stent restenosis (ISR). By employing advanced technology, the Auryon Atherectomy System offers powerful treatment for arterial blockages. Importantly, it is hailed as the first laser atherectomy system capable of treating lesions of various types, lengths, and locations with little impact on vessel walls.

What major market segments define the scope and growth of the laser atherectomy devices market?
The laser atherectomy devices market covered in this report 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, Other End-Users

Subsegments:
1) By Computer Control: Automated Laser Atherectomy Systems, Computerized Navigation Systems
2) By Other Types: Manual Laser Atherectomy Devices, Portable Laser Atherectomy Devices

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Which region dominates the laser atherectomy devices market?
North America was the largest region in the laser atherectomy devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global laser atherectomy devices market report during the forecast period. The regions covered in the laser atherectomy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the laser atherectomy devices industry growth?
Major companies operating in the laser atherectomy devices market include Boston Scientific Corporation, Terumo Corporation, Medtronic plc, Avinger Inc., Cardiovascular Systems Inc., Koninklijke Philips N.V., AngioDynamics Inc., Becton, Dickinson and Company, Eximo Medical Ltd., Cardinal Health, B. Braun SE, C. R. Bard Inc., Abbott Laboratories, Biotronik SE & Co. KG, Rex Medical, Spectranetics Corporation, Straub Medical AG, Vascular Solutions Inc., Volcano Corporation, Atrium Medical Corporation, Bayer AG, Biosensors International Group Ltd., Cook Medical LLC, Cordis Corporation, Covidien plc, Medtronic Vascular, Shockwave Medical Inc., Acotec Scientific Holdings Ltd., Advanced Catheter Therapies Inc., ArioMedica Ltd.

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What Is Covered In The Laser Atherectomy Devices Global Market Report?

• Market Size Forecast: Examine the laser atherectomy devices market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the laser atherectomy devices market for a structured understanding.
• Key Players Overview: Analyze major players in the laser atherectomy devices market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the laser atherectomy devices market.
• Segment Contributions: Evaluate how different segments drive overall growth in the laser atherectomy devices market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the laser atherectomy devices market.
• Industry Challenges: Identify potential risks and obstacles affecting the laser atherectomy devices market.
• Competitive Landscape: Review strategic developments in the laser atherectomy devices market, including expansions, agreements, and new product launches.

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