The atherectomy devices market is estimated to grow from US$1.18 billion in 2025 to US$1.68 billion by 2030, at a CAGR of 7.29%.
An atherectomy device is designed to remove plaque and other materials from atherosclerotic blood vessels. Various types of atherectomy procedures exist, including excisional atherectomy, laser ablation atherectomy, and rotational atherectomy. The global atherectomy device market is experiencing significant growth, primarily due to rapid advancements in medical technology. Recent developments have led to the introduction of safer and more efficient devices, which have contributed to the market's expansion. A key driver of this growth is the increasing demand for minimally invasive procedures. There has been a notable shift towards less invasive surgeries, which offer benefits such as reduced recovery times and lower complication rates. However, the high cost of equipment and procedures poses a challenge to market growth. Developing these devices involves substantial research expenses, which contribute to rising manufacturing costs. Additionally, while atherectomy devices can help dilate arteries, they may also lead to increased rates of restenosis, potentially affecting their long-term effectiveness.
An atherectomy device is designed to remove plaque and other materials from atherosclerotic blood vessels. Various types of atherectomy procedures exist, including excisional atherectomy, laser ablation atherectomy, and rotational atherectomy. The global atherectomy device market is experiencing significant growth, primarily due to rapid advancements in medical technology. Recent developments have led to the introduction of safer and more efficient devices, which have contributed to the market's expansion. A key driver of this growth is the increasing demand for minimally invasive procedures. There has been a notable shift towards less invasive surgeries, which offer benefits such as reduced recovery times and lower complication rates. However, the high cost of equipment and procedures poses a challenge to market growth. Developing these devices involves substantial research expenses, which contribute to rising manufacturing costs. Additionally, while atherectomy devices can help dilate arteries, they may also lead to increased rates of restenosis, potentially affecting their long-term effectiveness.
Drivers of the Atherectomy Devices Market
- Rising Prevalence of Cardiovascular Diseases: The increasing incidence of cardiovascular diseases globally is a significant factor driving the growth of the atherectomy device market. Conditions such as Peripheral Artery Disease (PAD) and Coronary Artery Disease (CAD) are becoming more common, and atherectomy devices are essential for restoring healthy blood flow and alleviating symptoms associated with these diseases. According to the American Heart Association, approximately 200 million people worldwide are affected by PAD, with around 12 million cases reported in the USA alone. The prevalence of PAD is particularly high among individuals over 70 years old.
Geographical Outlook
- North America Expected to Dominate: North America is projected to hold a substantial share of the atherectomy devices market during the forecast period. The region is witnessing significant growth due to the rising cases of cardiovascular diseases, especially in the USA and Canada. Additionally, advancements in the healthcare sector are contributing to market expansion. The increasing prevalence of cardiovascular conditions in North America is further supported by favorable reimbursement policies and a robust healthcare infrastructure.
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- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The Atherectomy Devices Market is segmented and analyzed as:
- By Product Type
- Directional Atherectomy Devices
- Rotational Atherectomy Devices
- Orbital Atherectomy Devices
- Laser Atherectomy Devices
- Photo-Ablative Atherectomy Devices
- Others
- By Application
- Peripheral Vascular
- Cardiovascular
- Neurovascular
- By End-User
- Hospitals
- Research Laboratories
- Ambulatory Surgical Centers
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific Region
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Taiwan
- Others
- North America
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. ATHERECTOMY DEVICES MARKET BY PRODUCT TYPE
6. ATHERECTOMY DEVICES MARKET BY APPLICATION
7. ATHERECTOMY DEVICES MARKET BY END-USER
8. ATHERECTOMY DEVICES MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
Companies Mentioned
- Boston Scientific Corporation
- BD (Becton, Dickinson, and Company)
- Abbott
- Koninklijke Philips N.V.
- Medtronic
- AngioDynamics
- Biomerics
- Avinger
- Cardio Flow, Inc.
- InspireMD, Inc
- AMETEK Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | January 2025 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 1.18 Billion |
Forecasted Market Value ( USD | $ 1.68 Billion |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |