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  Atherectomy Devices Market Revenue Share Analysis, Market Growth Forecast, 2021–

  Posted by vandanaruhi on November 7, 2024 at 6:35 pm

  The atherectomy devices market is a rapidly growing sector in the healthcare industry, driven by the increasing prevalence of cardiovascular diseases and the demand for minimally invasive treatment options. Atherectomy devices are used to remove plaque buildup in arteries, improving blood flow and reducing the risk of complications such as heart attacks and strokes. These devices are particularly important in treating peripheral artery disease (PAD) and coronary artery disease (CAD).

  The global atherectomy devices market size is expected to reach USD 2,164.48 Million and register a steady revenue CAGR of 10.5% over the forecast period, according to latest analysis by Emergen Research. One of the key drivers for the atherectomy devices market is the increasing prevalence of cardiovascular diseases. According to the American Heart Association, cardiovascular diseases are the leading cause of death globally, accounting for approximately 17.9 million deaths each year. Atherectomy devices offer a minimally invasive alternative to traditional surgical procedures, reducing the risk of complications and improving patient outcomes.

  Another driver for market growth is the technological advancements in atherectomy devices. Manufacturers are continuously innovating to develop devices with improved safety, efficacy, and ease of use. For example, the development of laser atherectomy devices and rotational atherectomy devices has enhanced the precision and effectiveness of plaque removal, reducing the need for additional procedures.

  However, there are certain restraints that may hinder the growth of the atherectomy devices market. One of the major challenges is the high cost associated with these devices and procedures. The initial investment, as well as the ongoing maintenance and disposable costs, can be significant for healthcare facilities. This may limit the adoption of atherectomy devices, particularly in resource-constrained settings.

  To provide some statistics, according to a report by the Centers for Disease Control and Prevention (CDC), PAD affects approximately 8.5 million people in the United States, and the prevalence is expected to increase due to factors such as aging population and rising incidence of diabetes and obesity. The report highlights the importance of early detection and treatment of PAD to prevent complications such as amputations and strokes.

  In terms of recent product launches, here are a few examples:

  1. In February 2023, Philips launched the Visions PV Atherectomy System, a rotational atherectomy device designed for the treatment of PAD. The device offers precise plaque removal and real-time feedback, enhancing the safety and efficacy of the procedure.
  2. In March 2023, Cardiovascular Systems, Inc. introduced the Diamondback 360 Coronary Orbital Atherectomy System, a device used to treat calcified coronary lesions. The device utilizes an orbital mechanism to remove plaque buildup, reducing the need for additional procedures.

  The market intelligence report offers a panoramic view of the global Atherectomy Devices industry, with a special focus on the regional bifurcation and competitive landscape. Crucial information pertinent to the latest industrial growth trends, technological advancements, product offerings, production capacity, demand and supply ratio, and estimated growth rate have been included in this report. The research methodologies offered in the report are intended to help readers gain a competitive edge in the market. Additionally, the report undertakes the SWOT Analysis and Porter’s Five Forces Analysis to assess the market standing of the leading companies operating in this sector.

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  Key Players operating in the industry are:

  Abbott, Boston Scientific Corporation, Medtronic, BD, Koninklijke Philips N.V, Avinger, REX MEDICAL, AngioDynamics, Biomerics, Wainscot Media

  Radical Features of the Atherectomy Devices Market Report:

  • The report encompasses Atherectomy Devices market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Atherectomy Devices industry

  Request customization of the report @https://www.emergenresearch.com/request-for-customization/1991

  Segmentation:

  • Product Outlook (Revenue, USD Million; 2019–2032)
    • Directional Atherectomy Devices
    • Orbital Atherectomy Devices
    • Photo-Ablative Atherectomy Devices
    • Rotational Atherectomy Devices
    • Support Devices

  • Application Outlook (Revenue, USD Million; 2019–2032)
    • Peripheral Vascular
    • Cardiovascular
    • Neurovascular

  • End-Use Outlook (Revenue, USD Million; 2019–2032)
    • Hospitals and Surgical Centers
    • Ambulatory Care Centers
    • Other

  Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

  To know more about the report, visit @ https://www.emergenresearch.com/industry-report/atherectomy-devices-market

  Thank you for reading our report. To request a customization or for further inquiries, kindly get in touch with us. Our team will ensure the report is tailored meet to your needs.

  Read similar reports by Emergen Research:

  • Atherectomy Devices Market Size
  • Atherectomy Devices Market Share
  • Atherectomy Devices Market Trends
  • Atherectomy Devices Regional Market Demand
  • Atherectomy Devices Market Analysis
  • Atherectomy Devices Market Top Companies
  • Atherectomy Devices Market News
  • Atherectomy Devices Market Executive Summary

  About Emergen Research

  Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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  Atherectomy Devices Market Size, Share, Industry Forecast by 2032

  The global Atherectomy Devices market size is expected to reach USD 2,164.48 Million in 2032 registering a CAGR of 10.5%. Discover the latest trends and analysis on the Atherectomy Devices Market. Our report provides a comprehensive overview of the industry, … Continue reading

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