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Atherectomy Devices Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

03-18-2025 06:53 AM CET | Health & Medicine

Press release from: The Business Research Company

Atherectomy Devices Market

Atherectomy Devices Market

Which drivers are expected to have the greatest impact on the over the atherectomy devices market's growth?
The rise in coronary artery disease occurrences is projected to catalyze the expansion of the atherectomy devices market. Coronary artery disease (CAD), an illness marked by the clogging or narrowing of coronary arteries due to plaque accumulation, impedes blood circulation to the heart. The escalating incidence of this disease is attributed to a global surge in the elderly populace, amplified sedentary lifestyles, elevated stress levels, psychological issues, and an unhealthy dietary intake. Directional coronary atherectomy, a subtle surgical technique, aims to eliminate obstructions in the coronary arteries, improving heart muscle blood supply and reducing discomfort. For example, the Singapore Heart Foundation (SHF), a non-profit entity based in Singapore, reported that the total cardiovascular disease-related fatalities rose to 8,311 in 2023, a significant increase from 7,762 in 2021. Additionally, atherosclerosis was the underlying cause of 60% of deaths in 2023, a slight increase from 59% in 2022. Therefore, the increasing incidence of coronary artery disease is fueling the atherectomy devices market's growth.

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What is the future CAGR of the atherectomy devices market, and how will it impact industry expansion?
Over the past few years, the market size of atherectomy devices has seen a significant growth. Forecasts show an increase from $0.93 billion in 2024 to $1.02 billion in 2025, with a compound annual growth rate (CAGR) of 9.8%. Various factors have led to this growth in the historic period, these include a flurry in the cases of cardiovascular conditions, a surge in the elderly population, escalating obesity rates, augmented funding and investment in cardiovascular research and healthcare infrastructure, and an increased awareness of minimally invasive procedures.

Strong growth is anticipated in the atherectomy devices market in the coming years, with the market potentially swelling to a size of $1.46 billion in 2029, reflecting a compound annual growth rate (CAGR) of 9.4%. The growth anticipated in this forecast period is largely due to rising diabetes rates, an upward trend in lifestyle-related diseases, expanding reimbursement offerings for atherectomy systems, increased disposable incomes, and a drive in demand for atherectomy procedures. Significant trends predicted for this period include constant innovation in atherectomy devices, the incorporation of high-end imaging technologies, a focus on patient-oriented care, the application of robotic systems, and the usage of real-time data analysis and machine learning.

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What are the most significant trends transforming the atherectomy devices market today?
Leading firms in the atherectomy devices market are innovating new products such as the atherectomy peripheral platform-based catheter in order to secure a competitive edge. This specific medical device is used to treat peripheral artery disease by navigating through the blood vessels to target leg arterial blockages. For example, in October 2023, Cardio Flow, a US medical device manufacturer introduced the FreedomFlow, an orbital atherectomy peripheral platform. Utilizing advanced methods, the FreedomFlow platform effectively eliminates plaque blockages in leg arteries. It uses a unique catheter-based design that incorporates angular momentum physics and features a spiral pattern with five diamond-coated spheres that maintain constant interaction with the vessel wall during progression and retraction.

Which key market segments comprise the atherectomy devices market and drive its revenue growth?
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

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What regions are at the forefront of atherectomy devices market expansion?
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.

Who are the leading players fueling growth in the atherectomy devices market?
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

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What Is Covered In The Atherectomy Devices Global Market Report?

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

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