Global Atherectomy Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Atherectomy Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Atherectomy is a procedure to remove atherosclerotic plaque from a diseased artery. Atherosclerotic plaques are located in the coronary or peripheral vascular system and may have different characteristics depending on the texture of the plaque. Atherectomy has been effectively used for the treatment of coronary and peripheral artery diseases. Atherectomy devices are designed to cut, scrape, polish, or vaporize these plaques, and have different indications.

Market Overview:

The latest research study on the global Atherectomy Devices market finds that the global Atherectomy Devices market reached a value of USD 1266.29 million in 2022. It’s expected that the market will achieve USD 2252.3 million by 2028, exhibiting a CAGR of 10.07% during the forecast period.

Political Factors

Political factors usually have an impact on organizations and their operating methods. Organizations need to be able to respond to current and anticipated future legislation and adjust their marketing strategies accordingly.

These are all about how and to what extent the government intervenes in the economy. This may include government policies, political stability or instability in overseas markets, foreign trade policies, tax policies, labor laws, environmental laws, trade restrictions, and so on.

Economic Factors

Economic factors have a significant impact on how an organization does business and also how profitable they are. Factors include – economic growth, interest rates, exchange rates, inflation, disposable income of consumers and businesses, and so on.

These factors can be further broken down into macro-economic and micro-economic factors. Macro-economic factors deal with the management of demand in any given economy. Governments use interest rate control, taxation policy, and government expenditure as the main mechanisms they use for this.

Region Overview:

Geographically, North America held the largest market share – 57.93% in 2021.

Company Overview:

Cardiovascular Systems, Medtronic, Boston Scientific, Spectranetics and Volcano are the five key players in the global Atherectomy Devices market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Atherectomy Devices market in the past 5 years.

Cardiovascular Systems

Cardiovascular Systems, Inc. (CSI) is committed to providing innovative solutions for the revascularization of patients with complex coronary and peripheral artery disease (PAD).

Medtronic

Medtronic is a global healthcare solutions company operating in approximately 160 countries. Medtronic are committed to improving lives through our medical technologies, services, and solutions.

Segmentation Overview:

Among different product types, Directional atherectomy segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Peripheral vascular segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Atherectomy Devices market covered in Chapter 3:

Cardiovascular Systems
Avinger
Boston Scientific
Volcano
BARD Peripheral Vascular
Straub Medical AG
Medtronic
Spectranetics

In Chapter 4 and Chapter 14.2, on the basis of types, the Atherectomy Devices market from 2018 to 2029 is primarily split into:

Directional atherectomy
Rotational atherectomy
Orbital atherectomy
Laser atherectomy

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Atherectomy Devices market from 2018 to 2029 covers:

Peripheral vascular
Cardiovascular
Neurovascular

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)