The Global Atherectomy Devices Market report for by product (directional atherectomy, rotational atherectomy, orbital atherectomy and laser atherectomy), by application (peripheral vascular applications, cardiovascular applications and neurovascular applications), by End-User (hospitals & surgical centers, ambulatory care centers, research laboratories & academic institutes and others), by geography (North America, Europe, Asia Pacific, Middle East & Africa and South America)) is expected to reach US $ XX Bn by 2026, at a CAGR of 5.7 %.
Increasing demand from patients for less invasive procedures is expected to drive the growth of the global atherectomy devices market during the forecast period. Growing new innovations and the introduction of new products in the market like laser-based atherectomy is expected to boost market growth. These innovations are offering new options for patients and opening new opportunities for medical professionals.
The peripheral vascular application segment is expected to grow at a XX % rate of CAGR during the forecast period.
By application, the global atherectomy devices market is segmented into peripheral vascular, cardiovascular, and neurovascular applications. The peripheral vascular application segment is expected to grow at a XX % rate of CAGR during the forecast period. The growth in the market is attributed to the availability of clinical evidence to upkeep the therapeutic efficacy of atherectomy in PVD treatment and the growing availability of medical reimbursements for peripheral atherectomy procedures across developed countries.
The North America region is estimated to hold the dominant position in the global atherectomy devices market.
North America is expected to witness the dominant position in the global atherectomy devices market during the forecast period. The dominant position in the market is attributed to the growing adoption of advanced atherectomy procedures, which consist of minimally invasive techniques to treat critical disease. The presence of a huge geriatric population, which are more susceptible to peripheral artery diseases.
Key players operating in the global atherectomy devices market includes Abbott Laboratories, B. Braun Melsungen AG, Medtronic, RA Medical Systems, Straub Medical, Terumo Corporation, Boston Scientific Corporation, C.R. Bard, Cardinal Health, Inc. and Koninklijke Philips N.V.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Atherectomy Devices Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Atherectomy Devices Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Atherectomy Devices Market positioning of competitors.
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