Surge In Cardiovascular Diseases Fuels Demand For Atherectomy Devices: Pivotal Factor Influencing Coronary Atherectomy Devices Market Growth in 2025

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Coronary Atherectomy Devices Market Size Growth Forecast: What to Expect by 2025?
The market of coronary atherectomy devices has experienced robust growth in the past few years. The market size is projected to rise from $0.21 billion in 2024 to $0.23 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.8%. The significant growth in the previous years is due to the increasing incidents of coronary artery disease, a growing preference for minimally invasive procedures, the need for coronary atherectomy devices, and an increase in disposable incomes.

How Will the Coronary Atherectomy Devices Market Size Evolve and Grow by 2029?
In the coming years, the market for coronary atherectomy devices is expected to enjoy robust growth, with projections indicating a surge to $0.34 billion by 2029, backed by a compound annual growth rate (CAGR) of 9.8%. This upward trajectory during the forecast period can be associated with factors such as an aging demographic, hybrid procedures, investments within the sector, as well as increased awareness among patients and doctors. The future trends to watch within this timeframe include strides in the development of coronary atherectomy devices, device miniaturization, improved imaging, tailored treatments, progress in device design, and the integration of robotics and artificial intelligence.

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What Drivers Are Propelling the Growth of Coronary Atherectomy Devices Market Forward?
The surge in incidences of cardiovascular diseases (CVDs) has led to a rising demand for atherectomy devices utilized in their treatment. Factors such as physical inactivity, unhealthy diet, and smoking have contributed to this surge in cardiovascular diseases. As per the data obtained from the Center for Disease Control and Prevention, a US government agency, in September 2023, cardiovascular diseases caused 695,547 deaths back in 2021. Furthermore, the American College of Cardiology, a non-profit medical association from the US, stated in August 2022 that risk factors associated with ischemic heart diseases are projected to surge by 30.7% to 29 million by 2025. This consequently indicates that the escalating cases of cardiovascular diseases are set to propel the growth of the global coronary atherectomy devices market.

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What Are the Key Trends Driving Coronary Atherectomy Devices Market Growth?
Significant companies in the coronary atherectomy equipment market are prioritizing innovative solutions, including radial access catheters, to boost patient outcomes through safer and less invasive treatments for coronary artery disease. Radial Access Catheters are unique medical tools employed in interventional cardiology to approach the coronary arteries via the radial artery in the wrist, diverging from the conventional access through the femoral artery in the groin. For example, in January 2024, AngioDynamics, an American establishment producing healthcare products and services, revealed its FDA 510(k) approval for its Auryon XL Radial Access Catheter, specifically crafted to tackle peripheral arterial disease (PAD). This 225-cm catheter, which pairs well with the Auryon Atherectomy System, offers two diameter alternatives (0.9 mm and 1.5 mm) and leverages superior laser technology for the successful treatment of arterial blockages. Importantly, radial access markedly lessens the risk of major bleeding compared to traditional femoral access and enables for the treatment of bilateral disease within a single session, thus facilitating a quicker recovery process.

What Are the Key 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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Who Are the Key Players Shaping the Coronary Atherectomy Devices Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Coronary Atherectomy Devices Market?
North America was the largest region in the coronary atherectomy devices market in 2024. 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.

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