Atherectomy Devices Market 2028 By Product Atherectomy Systems, Application, End User, and Geography | The Insight Partners

MARKET OVERVIEW

Atherectomy is a surgical procedure performed to remove atherosclerotic plaque from diseased arteries without affecting the rest vessel wall. Atherectomy devices are effectively used in the treatment of coronary and peripheral arterial diseases. Atherosclerotic plaques are localized in either coronary or peripheral arterial vasculature and have different characteristics depending on the texture of the plaque. Therefore, these devices are designed differently to cut, shave, sand, or vaporize plaques, depending on their characteristics.

MARKET SCOPE

The "Global Atherectomy Devices Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the atherectomy devices market with detailed market segmentation by product, application, end user, and geography. The report provides key statistics on the market status of the leading atherectomy devices market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on product, the global atherectomy devices market is segmented into rotational atherectomy systems, directional atherectomy systems, orbital atherectomy systems, photo-ablative (laser) atherectomy systems, and support devices
  
•   Based on application, the market is bifurcated into cardiovascular, peripheral vascular, and neurovascular.
  
•   Based on end user, the market is bifurcated into hospitals, ambulatory surgical centers, and others.
  

MARKET DYNAMICS

Drivers

•   Rising demand for minimally invasive surgical procedures
  
•   Increase in research activities in the field of atherectomy across the world
  
•   Growing product development
  

Restraints

•   Stringent regulatory scenarios are expected to slow down the growth of market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The atherectomy devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the atherectomy devices market in these regions.

IMPACT OF COVID-19 ON ATHERECTOMY DEVICES MARKET

COVID-19 pandemic has affected the growth of the atherectomy devices market. The growth of the market was affected by the reduced production of atherectomy devices and other medical devices. Furthermore, the changed regulatory processes have also affected the market's growth amid the pandemic. In addition, the restricted inventories and supply chain have shared responsibilities to hinder the market's growth.

MARKET PLAYERS

The report covers key developments in the atherectomy devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from atherectomy devices market are anticipated to lucrative growth opportunities in the future with the rising demand for atherectomy devices in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Atherectomy devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   B. Braun Melsungen AG
  
•   Koninklijke Philips N.V.
  
•   Cardinal Health
  
•   Medtronic
  
•   TERUMO CORPORATION
  
•   C. R. Bard, Inc.
  
•   Minnetronix, Inc.
  
•   Avinger
  
•   Straub Medical AG.
  
•   Biomerics
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.