Coronary Orbital Atherectomy System Market: Potential and niche segments/regions exhibiting promising growth

The global coronary orbital atherectomy system market is expected to grow impressively during the course of the forecast period 2017–2025, according to a report penned by Transparency Market Research (TMR), titled “Coronary Orbital Atherectomy System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.” The ratio of product users could continue elevating in the world coronary orbital atherectomy system market on account of factors such as changing lifestyle. The introduction of advanced products by leading players is predicted to bode well for the growth of the world coronary orbital atherectomy system market.

Advantages such as minimal risk of thermal trauma and ischemia during ablation with the allowance of continuous blood flow and better features than other atherectomy systems are foretold to increase demand in the world coronary orbital atherectomy system market. Product approvals could be key in magnifying investments in the world coronary orbital atherectomy system market. For instance, Diamondback 360 Coronary Orbital Atherectomy System Micro Crown by Cardiovascular Systems, Inc. received approval in Japan in March 2017.

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The international coronary orbital atherectomy system market is anticipated to be highly valuable for the healthcare sector as the number of patients with artery blockages is surging at a telling pace. A September 2016 report released by WHO revealed an alarming count of 7.4 mn deaths occurred due to coronary artery disease. The advent of advanced technologies such as Diamondback 360 Coronary OAS cleared by the FDA could make a significant mark on the growth of the international coronary orbital atherectomy system market. Agreeable reimbursement policies provided by hospitals under codes including 92928, 250, and 92924 are foreseen to draw attention to the international coronary orbital atherectomy system market.

However, clinical clearance and cost of products could hinder the progress of the international coronary orbital atherectomy system market. Nonetheless, the modern, easy, and safe nature of the product and its various versions are envisaged to counter the restraints in the international coronary orbital atherectomy system market. Moreover, atherectomy can be used as a substitute to angioplasty for treating coronary artery disease.

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In addition to that, the success rate of atherectomy is one percent more than the 98.0% of angiography, as stated in a National Center for Biotechnology Information (NCBI) publication (PMID: 8322689) by Maimonides Medical Center, New York. Thus, the value of atherectomy could improve substantially and thereby augment demand in the international coronary orbital atherectomy system market.

North America is prognosticated to lead the international coronary orbital atherectomy system market on the back of an augmenting count of patients requiring the treatment and the presence of established players. With several clinical trials conducted in these regions by various organizations to support their products with clinical reports, Europe and Asia Pacific could be other prominent geographies in the international coronary orbital atherectomy system market. Medikit Co., Ltd., Medtronic, and Boston Scientific Corporation are prophesied to be the top players in the international coronary orbital atherectomy system market.

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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