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Evolving Market Trends In The Coronary Atherectomy Devices Industry: AngioDynamics Receives FDA Clearance for Auryon XL Radial Access Catheter to Enhance Treatment of Peripheral Arterial Disease
The Coronary 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 Expected Coronary Atherectomy Devices Market Size During the Forecast Period?
The coronary atherectomy devices market has experienced steady growth, rising from $0.21 billion in 2024 to $0.23 billion in 2025 at a CAGR of 9.5%, driven by the growing burden of coronary artery disease, increased preference for less invasive treatments, heightened demand for these devices, and higher disposable income levels.
The coronary atherectomy devices market is projected for strong growth in the next few years. It will grow to $0.34 billion by 2029, with a CAGR of 9.6%. This growth is attributed to an aging population, hybrid medical procedures, industry investments, and growing patient and physician awareness. Major trends include advancements in device technology, miniaturization, enhanced imaging, personalized treatment approaches, and the integration of robotics and AI.
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What Are the High-Growth Segments in the Coronary Atherectomy Devices Market?
The coronary atherectomy devices market covered in this report is segmented -
1) By Product: Directional Atherectomy Devices, Orbital Atherectomy Devices, Photo-Ablative Atherectomy Devices, Rotational Atherectomy Devices, Other Products
2) By Application: Peripheral Vascular, Cardiovascular, Neurovascular
3) By End User: Hospitals And Surgical Centers, Ambulatory Care Centers, Research Laboratories And Academic Institutes
Subsegments:
1) By Directional Atherectomy Devices: Traditional Directional Atherectomy Devices, Advanced Directional Atherectomy Devices
2) By Orbital Atherectomy Devices: Single-Wire Orbital Atherectomy Devices, Multi-Wire Orbital Atherectomy Devices
3) By Photo-Ablative Atherectomy Devices: Laser-Based Photo-Ablative Devices, Other Photo-Ablative Atherectomy Devices
4) By Rotational Atherectomy Devices: Manual Rotational Atherectomy Devices, Motorized Rotational Atherectomy Devices
5) By Other Products: Combination Atherectomy Devices, Custom Atherectomy Solutions, Other Coronary Atherectomy Devices
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What Key Drivers Are Expected to Influence Future Coronary Atherectomy Devices Market Growth?
The rising prevalence of cardiovascular diseases (CVDs) is contributing to the increased demand for atherectomy devices, which are used in the treatment of CVDs. In 2021, the CDC reported 695,547 deaths from CVDs in the U.S. The prevalence of ischemic heart disease is also projected to increase by 30.7% by 2025, further driving the growth of the coronary atherectomy devices market.
Which Companies Hold the Largest Share Across Different Coronary Atherectomy Devices Market Segments?
Major companies operating in the coronary atherectomy devices market include Boston Scientific Corporation, Koninklijke Philips N.V., Cardiovascular Systems Inc., The Spectranetics Corporation, Medtronic Inc., Avinger Inc., Biotronik SE & Co KG, Arterial Remodeling Technologies, Atrium Medical Corporation, B. Braun Melsungen AG, Balton Sp. z o.o., Biosensors International Group Ltd., Straub Medical AG, C.R. Bard Inc., RA Medical Systems Inc., Shockwave Medical Inc., Terumo Corporation, Abbott Laboratories Inc., Asahi Intecc Co. Ltd., Baylis Medical Company Inc., Cook Medical LLC, Cordis Corporation, Edwards Lifesciences Corporation, Endologix Inc., Infraredx Inc., Intact Vascular Inc., Lutonix Inc., Mercator MedSystems Inc., Miracor Medical Systems GmbH, OrbusNeich Medical Company Limited, QT Vascular Ltd., TriReme Medical LLC, Vascular Solutions Inc., Volcano Corporation
What Trends Are Driving Growth in The Coronary Atherectomy Devices Market?
Companies in the coronary atherectomy equipment market are innovating with radial access catheters to offer safer and less invasive procedures for treating coronary artery disease. These catheters are used via the wrist rather than the groin and lower the risk of major bleeding. For instance, in January 2024, AngioDynamics received FDA 510(k) clearance for its Auryon XL Radial Access Catheter, which works with the Auryon Atherectomy System and features advanced laser technology for effective peripheral arterial disease treatment.
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What Are the Emerging Geographies for The Coronary Atherectomy Devices Market Growth?
North America was the largest region in the coronary atherectomy devices market in 2023. Western Europe was the second-largest region in the global coronary atherectomy devices market share. Africa, was the smallest region in the coronary atherectomy devices industry. The regions covered in the coronary 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 Coronary Atherectomy Devices Market?
2. What is the CAGR expected in the Coronary Atherectomy Devices Market?
3. What Are the Key Innovations Transforming the Coronary Atherectomy Devices Industry?
4. Which Region Is Leading the Coronary Atherectomy Devices Market?
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