Press release
Atherectomy Devices Market Anticipated To Witness Robust Growth, Surpassing $1.46 Billion By 2029
The Atherectomy Devices Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Atherectomy Devices Market Size and Its Estimated Growth Rate?
The atherectomy devices market has expanded steadily, forecasted to grow from $0.93 billion in 2024 to $1.02 billion in 2025 at a CAGR of 9.8%, driven by a surge in cardiovascular disease, an aging population, higher obesity rates, increased investment in healthcare, and preference for minimally invasive treatments.
The atherectomy devices market will expand steadily, projected at $1.46 billion in 2029 with a CAGR of 9.4%, due to diabetes growth, reimbursement accessibility, and income increases; key trends include robotic integration, imaging advancements, machine learning use, and patient-centric care strategies.
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How Are Emerging Segments Shaping the Atherectomy Devices Market Landscape?
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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Which Growth Factors Are Influencing Atherectomy Devices Market Expansion?
The presence of coronary artery disease is set to support the growth of the atherectomy devices market. Coronary artery disease arises when plaque buildup restricts blood flow in the heart's arteries. Its increasing frequency is linked to aging populations, lack of physical activity, and poor diet. Atherectomy devices are used to remove arterial plaque and restore blood circulation. As per the Singapore Heart Foundation in May 2024, cardiovascular-related deaths rose to 8,311 in 2023, with atherosclerosis causing 60% of these cases, up from 59% in 2022. Thus, the atherectomy devices market is expanding with the prevalence of coronary artery disease.
Who Are the Dominant Players Across Different Atherectomy Devices Market Segments?
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
What Trends Are Expected to Dominate the Atherectomy Devices Market in the Next 5 Years?
In the atherectomy devices market, companies are developing innovative solutions like the atherectomy peripheral platform catheter to treat peripheral artery disease. For example, in October 2023, Cardio Flow launched the FreedomFlow, an orbital atherectomy catheter platform that uses angular momentum physics and diamond-coated spheres to clear plaque blockages in leg arteries.
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Which Geographic Regions Are Expected to Dominate the Atherectomy Devices Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Atherectomy Devices Market?
2. What is the CAGR expected in the Atherectomy Devices Market?
3. What Are the Key Innovations Transforming the Atherectomy Devices Industry?
4. Which Region Is Leading the Atherectomy Devices Market?
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