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According to the latest report by IMARC Group, titled “Atherectomy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global atherectomy devices market size reached US$ 877 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,202 Million by 2027, exhibiting a growth rate (CAGR) of 5.2% during 2022-2027.
Atherectomy devices refer to numerous minimally-invasive (MI) instruments utilized for peripheral vascular intervention procedures. The devices re-establish blood flow in the arteries through drilling, grinding, sanding, shaving, and vaporizing plaque, calcifying lesions, and excessive cellular materials. Atherectomy devices comprise of a rotating blade inside a tubular catheter attached to a battery-operated motor that spins the cutter and removes the calcified lesion or plaque. Few most commonly used atherectomy devices are direction, orbital, photo-ablative, rotational, and support atherectomy devices. They are widely adopted across hospitals, surgical centers, and ambulatory care facilities.
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Market Trends:
The rising incidences of peripheral artery disease (PAD), atherosclerosis, diabetes, obesity, etc., along with the increasing geriatric population are primarily driving the need for atherectomy devices. Moreover, the growing preferences towards minimally-invasive atherectomy surgical procedures with reduced pain and faster recovery rate are also propelling the market growth. Additionally, several product innovations, such as drug-coated balloons (DCB) that are used in place of permanent implants with directional atherectomy and anti-restenosis therapy (DAART),will continue to drive the market for atherectomy devices in the coming years.
Global Atherectomy Devices Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape Key Player:
The report has segmented the market on the basis on region, product, application and end user.
Breakup by Product:
Breakup by Application:
Breakup by End User:
Breakup by Region:
Key highlights of the report:
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