The global atherectomy devices market size is expected to grow from $ 173 million in 2021 to reach $ 832 million in 2028 at a CAGR of 6.8%. atherectomy devices market is expected to have significant growth rate over forecast period 2022-2028 Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on " Global Atherectomy Devices Market: By Technology (Orbital Atherectomy, Rotational Atherectomy, Orbital Atherectomy, Directional Atherectomy) By Indication (Coronary Artery Disease, Peripheral Artery disease), By End User (Hospitals, Ambulatory surgical centers and Others) and By Geography”- Global/Region/Country Forecast to 2027.

 

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Increasing cases of Peripheral Vascular Diseases is a Major Factor to Drive the Global Atherectomy Devices Market

Atherectomy process involves removing the artherosclerotic plaque from arteries. It is a minimally invasive surgery type. This plaque is localized either in peripheral atriulature or coronary atriulature. There are several others, which have various characteristics according to the texture. Atherectomy devices are utilized hugely for atherectomy. Several atherectomy devices made according to their mechanisms such as save, cut sand or vaporize the plaques and have various signs. 

 

Atherectomy serves as a great substitute to angioscopy, which is used for coronary artery illness. Increase in the cases of peripheral vascular illnesses across the globe is one of the primary factors to drive the global atherectomy devices market. Furthermore, there are a few other significant factors that are anticipated to drive the market over the forecast period include technological developments like emerging laser atherectomy technology, growing aging population who are at higher risk of  getting atherosclerosis and growing demand for atherectomy devices, which provide efficient treatment and reduce the recovery time. Increasing cases of heart diseases across the globe is also projected to record considerable growth rate. On the other hand, presence of the substitute treatment options anticipated to hinder the market growth over the predictable years 2021-2027. Because of cardiovascular illnesses, nearly 17.7 Mn people died and 7.4 Mn were died because of the coronary heart diseases in the year 2015 as per the World Health Organization.

 

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Impact of COVID-19 on Atherectomy Devices Market:

In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

 

Global Atherectomy Devices Market – Geographical Analysis

Atherectomy Devices market is classified into major regions based on regional analysis such as North America, Asia Pacific Latin America, Africa and Europe. Market in North America is anticipated to record significant growth due to the factors such as increasing cases of heart diseases like peripheral artery and coronary artery disease and increasing preference towards minimally invasive technologies to treat the diseases. Europe market is anticipated to grow at considerable rate due to the technological advancements, new product launches and public awareness about the use of these devices.

 

Competitive Analysis

Some of the major key players working in the global atherectomy devices market, which include Boston Scientific Corporation (U.S.), R. Bard, Inc. (U.S.), Abbott Laboratories (U.S.), Medtronic Plc (U.S.), Cordis Corporation (Cardinal Health, Inc.) (U.S.), Jude Medical, Inc. (U.S.)Terumo Medical Corporation (TERUMO CORPORATION) (Japan), Spectranetics International BV (Netherlands), Avinger, Inc. (U.S.), Ra Medical Systems Inc. (U.S.) and Cardiovascular Systems, Inc. (U.S.)

 

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