Atherectomy Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Atherectomy Devices Market Report Overview
The atherectomy devices market size was $980.9 million in 2023. The market is expected to grow at a CAGR of more than 6% during 2023-2033. Atherectomy is a minimally invasive procedure that removes plaque from vessels. This procedure is especially valuable in eliminating highly calcified plaque. Atherectomy procedures may be used for coronary and peripheral vessels to open a blockage and restore blood flow. The atherectomy may be combined with angioplasty and stenting.
Atherectomy Devices Market Outlook, 2023-2033 ($ Million)
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The Atherectomy Devices market research report has been created to understand market behavior, which will help identify quantitative market trends in the cardiovascular devices therapeutic area. The model discusses in detail the impact of COVID-19 on the atherectomy devices market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $980.9 million |
CAGR (2023-2033) | >6% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Coronary Atherectomy Devices
· Lower Extremity Peripheral Atherectomy Devices |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Leading Companies | · Cardiovascular Systems Inc
· Boston Scientific Corp · Koninklijke Philips NV · Medtronic Plc · Avinger Inc |
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Atherectomy Devices Market Dynamics
The prevalence of coronary artery disease (CAD) and peripheral artery disease (PAD) is increasing, resulting in atherectomy procedures. In addition, lifestyle habits such as physical inactivity and unhealthy diet, a rise in the aging population, the emergence of new and improved atherectomy devices, and rapid globalization will also drive the atherectomy devices market in the coming years.
Atherectomy Devices Market Segments
The key segments in the atherectomy devices market are Coronary Atherectomy Devices and Lower Extremity Peripheral Atherectomy Devices. Lower Extremity Peripheral Atherectomy Devices led the atherectomy devices market in 2023. It can be further sub-segmented into Peripheral Directional Atherectomy, Peripheral Laser Atherectomy, Peripheral Orbital Atherectomy, and Peripheral Rotational Atherectomy. Peripheral Directional Atherectomy led the Lower Extremity Peripheral Atherectomy Devices market in 2023.
Atherectomy Devices Market Analysis by Segments, 2023 (%)
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Atherectomy Devices Market Segmentation by Regions
The key regions in the atherectomy devices market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, North America dominated the atherectomy devices market. Due to an aging population, PAD and CAD are expected to increase in North America. The US is the most dominant market in North America and the world.
Atherectomy Devices Market Analysis by Regions, 2023 (%)
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Atherectomy Devices Market - Competitive Landscape
A few of the leading companies in the atherectomy devices market are:
- Cardiovascular Systems Inc
- Boston Scientific Corp
- Koninklijke Philips NV
- Medtronic Plc
- Avinger Inc
Cardiovascular Systems Inc dominated the market in 2023.
Atherectomy Devices Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Atherectomy Devices Segments Outlook (Value, $ Million, 2015-2033)
- Coronary Atherectomy Devices
- Coronary Directional Atherectomy
- Coronary Laser Atherectomy
- Coronary Orbital Atherectomy
- Coronary Rotational Atherectomy
- Lower Extremity Peripheral Atherectomy Devices
- Peripheral Directional Atherectomy
- Peripheral Laser Atherectomy
- Peripheral Orbital Atherectomy
- Peripheral Rotational Atherectomy
Atherectomy Devices Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East & Africa
Key Inclusions
Currently marketed Atherectomy Devices and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Atherectomy Devices market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Atherectomy Devices market.
- Competitive dynamics insights and trends provided for the Atherectomy Devices market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Cardiovascular Systems Inc, Boston Scientific Corp, Koninklijke Philips NV, Medtronic Plc, Avinger Inc, Becton Dickinson and Co, and Angiodynamics Inc.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total Atherectomy Devices market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Atherectomy Devices market.
- Competitive dynamics insights and trends provided for the Atherectomy Devices market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the Atherectomy Devices market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Atherectomy Devices market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Atherectomy Devices market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Atherectomy Devices market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Boston Scientific Corp
Koninklijke Philips NV
Medtronic Plc
Avinger Inc
Becton Dickinson and Co
Angiodynamics Inc
Frequently asked questions
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What was the atherectomy devices market size in 2023?
The atherectomy devices market size was $980.9 million in 2023.
-
What will the atherectomy devices market growth rate be during the forecast period?
The atherectomy devices market is expected to grow at a CAGR of more than 6% during 2023-2033.
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Which region dominated the atherectomy devices market in 2023?
North America dominated the overall atherectomy devices market in 2023.
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Which segment led the atherectomy devices market in 2023?
Lower Extremity Peripheral Atherectomy Devices led the atherectomy devices market in 2023.
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Which are the leading companies in the atherectomy devices market?
A few of the leading companies in the atherectomy devices market are Cardiovascular Systems Inc, Boston Scientific Corp, Koninklijke Philips NV, Medtronic Plc, and Avinger Inc, among others.
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