Atherectomy Devices Market Research Report – Global Forecast till 2027

Atherectomy Devices Market Research Report, by Product Type (Directional Atherectomy Systems, Orbital Atherectomy Systems, and others), by Application (Cardiovascular, Neurovascular, Peripheral Vascular, and others), by End User–Forecast Till 2027

ID: MRFR/HC/5853-HCR | February 2021 | Region: Global | 160 pages

Atherectomy Devices Market Scenario


The atherectomy devices market is expected to register a CAGR of 6.12% during the forecast period of 2018–2023, with an estimated market value of 1.09 billion in 2017. Atherectomy is a minimally invasive endovascular surgery technique. Atherectomy devices, such as catheters are used to remove atherosclerosis from the blood vessels.


The rising demand for minimally invasive technologies, coupled with the increase in the coronary and peripheral arterial diseases is expected to drive the growth of the market. Also, the high efficiency rate of the atherectomy devices is estimated to boost the growth of the intraocular lens market. According to the data published in 2015 by the Centers for Disease Control and Prevention (CDC), about 7,35,000 Americans have a heart attack annually. Factors such as post-operative complications, and lack of skilled medical professionals are limiting the growth of the market.


Moreover, major companies in the market are involved in new product launches to strengthen their position in the market. For instance, in June 2018, Biomerics, a medical device contract manufacturer announced the acquisition of FutureMatrix Interventional, Inc. The company aims to expand its portfolio of interventional catheters used in cardiovascular and urology fields, thus strengthening its position in the market.


Segmentation


The atherectomy devices market is segmented on the basis of product type, application, and end user.


The atherectomy devices market, by product type is categorised into directional atherectomy systems, orbital atherectomy systems, photo-ablative (laser) atherectomy systems, rotational atherectomy systems, and others.


The directional atherectomy systems segment is expected to hold the largest share owing to the high treatment rate, whereas the photo-ablative (laser) atherectomy systems is expected to be the fastest growing segment owing to the growing preference by surgeons.


Based on application, the atherectomy devices market is segmented into cardiovascular, neurovascular, peripheral vascular, and others.


On the basis of end user, the market is segmented into hospitals, ambulatory surgery centers, and others.


On the basis of region, the market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and Latin America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, South Korea, and the rest of Asia-Pacific. The atherectomy devices market in the Middle East and Africa has been segmented into the Middle East and Africa.


Regional Market Summary


Global Atherectomy Devices Market Share (%), by Region, 2017


Atherectomy Devices Market


Sources: Centers for Disease Control and Prevention (CDC), US Department of Health and Human Services, National Institutes of Health


It is projected that the Americas dominated the atherectomy devices market owing to the growth of the market in the North American region. This is largely attributed to the factors such as increase in research funding, and growing awareness about the high-end atherectomy devices among medical professionals. Europe is expected to hold the second largest share in the market owing to growing healthcare infrastructure. Additionally, various initiatives by public and private organizations is anticipated to boost the growth of the market. Asia-Pacific was projected to be the fastest growing region for the market. This owes to the technological advancements resulting in the development of cost-effective atherectomy devices leading to high acceptance rate for the devices in the Asia-Pacific region. The Middle East and Africa holds the least share in the atherectomy devices market due to the presence of economically diverse countries, and less initiatives taken by the government.


Market of Atherectomy Devices, by Product type



  • Directional Atherectomy Systems

  • Orbital Atherectomy Systems

  • Photo-Ablative (Laser) Atherectomy Systems

  • Rotational Atherectomy Systems

  • Others


Market of Atherectomy Devices, by Application



  • Cardiovascular

  • Neurovascular

  • Peripheral Vascular

  • Others


Market of Atherectomy Devices, by End User



  • Hospitals

  • Ambulatory Surgery Centers

  • Others


Market of Atherectomy Devices, by Region



  • Americas


    • North America


      • US

      • Canada


    • Latin America


  • Europe


    • Western Europe


      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe


    • Eastern Europe


  • Asia-Pacific


    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific


  • The Middle East & Africa


    • Middle East

    • Africa



Atherectomy devices market, Key Players



  • Abbott

  • Avinger

  • Braun Melsungen AG

  • Biomerics

  • Biotronik

  • Boston Scientific Corporation

  • R. Bard

  • Cardinal Health

  • Koninklijke Philips

  • Minnetronix, Inc.

  • Straub Medical


Intended Audience



  • Medical device companies

  • Biopharmaceutical companies

  • Government institutions

  • Research and Development (R&D) companies

  • Medical research laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size   2017 : 1.09 Billion
  CAGR   6.12% (2018 - 2023)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Product Type, Application, End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Abbott, Avinger, Cardinal Health, B. Braun Melsungen AG, Biomerics, Biotronik, Boston Scientific Corporation, C.R. Bard, Koninklijke Philips, Minnetronix, Inc., Straub Medical
  Key Market Opportunities   Strategic collaborations, product launches, strategies undertaken by key players in the market
  Key Market Drivers

  • Rising demand for minimally invasive technologies
  • Increase in the coronary and peripheral arterial diseases

    		•


    Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :

    Atherectomy Devices Market is projected to grow at a 6.12% CAGR between 2018-2023.

    Americas are expected to spearhead the Atherectomy Devices Market.

    Increasing prevalence of peripheral and coronary arterial diseases and growing demand for minimally invasive technologies is driving market growth.

    Lack of skilled medical experts and post-operative complications may deter market growth.

    Key competitors in the Atherectomy Devices Market include Straub Medical, Minnetronix, Inc., Koninklijke Philips, C.R. Bard, Boston Scientific Corporation, Biotronik, Biomerics, B. Braun Melsungen AG, Cardinal Health, Avinger, and Abbott.

    Table of Contents:


    Chapter 1. Report Prologue

    Chapter 2. Market Introduction

    2.1 Definition

    2.2 Scope of the Study

    2.2.1 Research Objective

    2.2.2 Assumptions

    2.2.3 Limitations

    Chapter 3. Research Methodology

    3.1 Overview

    3.2 Primary Research

    3.3 Secondary Research

    3.4 Market Size Estimation

    Chapter 4. Market Dynamics

    4.1 Drivers

    4.2 Restraints

    4.3 Opportunities

    4.4 Challenges

    Chapter 5. Market Factor Analysis

    5.1 Porter’s Five Forces Analysis

    5.1.1 Bargaining Power of Suppliers

    5.1.2 Bargaining Power of Buyers

    5.1.3 Threat of New Entrants

    5.1.4 Threat of Substitutes

    5.1.5 Intensity of Rivalry

    5.2 Value Chain Analysis

    5.3 Investment Analysis

    Chapter 6. Global Atherectomy Devices Market, by Product type

    6.1 Overview

    6.2 Directional Atherectomy Systems

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.2.2 Gamma-Retroviral Vectors

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.3 Orbital Atherectomy Systems

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.4 Photo-Ablative Atherectomy Systems

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.5 Rotational Atherectomy Systems

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.6 Others

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 7. Global Atherectomy Devices Market, by Application

    7.1 Overview

    7.2 Cardiovascular

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.3 Neurovascular

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.4 Peripheral Vascular

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.5 Others

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 8. Global Atherectomy Devices Market, by End User

    8.1 Introduction

    8.2 Hospitals

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    8.3 Ambulatory Surgery Centers

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    8.4 Others

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 9. Global Atherectomy Devices Market, by Region

    9.1 Introduction

    9.2 Americas

    9.2.1 North America

    9.2.1.1 US

    9.2.1.2 Canada

    9.2.2 Latin America

    9.3 Europe

    9.3.1 Western Europe

    9.3.1.1 Germany

    9.3.1.2 France

    9.3.1.3 Italy

    9.3.1.4 Spain

    9.3.1.5 UK

    9.3.1.6 Rest of Western Europe

    9.3.2 Eastern Europe

    9.4 Asia-Pacific

    9.4.1 Japan

    9.4.2 China

    9.4.3 India

    9.4.4 Australia

    9.4.5 South Korea

    9.4.6 Rest of Asia-Pacific

    9.5 Middle East & Africa

    9.5.1 Middle East

    9.5.2 Africa

    Chapter 10. Company Landscape

    10.1 Introduction

    10.2 Market Share Analysis

    Chapter 11. Company Profiles

    11.1 Abbott

    11.1.1 Company Overview

    11.1.2 Product Overview

    11.1.3 Financials Overview

    11.1.4 Key Developments

    11.1.5 SWOT Analysis

    11.2 Avinger

    11.2.1 Company Overview

    11.2.2 Product Overview

    11.2.3 Financial Overview

    11.2.4 Key Developments

    11.2.5 SWOT Analysis

    11.3 B. Braun Melsungen AG

    11.3.1 Company Overview

    11.3.2 Product Overview

    11.3.3 Financial Overview

    11.3.4 Key Development

    11.3.5 SWOT Analysis

    11.4 Biomerics

    11.4.1 Company Overview

    11.4.2 Product Overview

    11.4.3 Financial Overview

    11.4.4 Key Development

    11.4.5 SWOT Analysis

    11.5 Biotronik

    11.5.1 Company Overview

    11.5.2 Product Overview

    11.5.3 Financial overview

    11.5.4 Key Developments

    11.5.5 SWOT Analysis

    11.6 Boston Scientific Corporation

    11.6.1 Company Overview

    11.6.2 Product Overview

    11.6.3 Financial Overview

    11.6.4 Key Developments

    11.6.5 SWOT Analysis

    11.7 C.R. Bard

    11.7.1 Overview

    11.7.2 Product Overview

    11.7.3 Financial Overview

    11.7.4 Key Developments

    11.7.5 SWOT Analysis

    11.8 Cardinal Health

    11.8.1 Overview

    11.8.2 Product Overview

    11.8.3 Financials

    11.8.4 Key Developments

    11.8.5 SWOT Analysis

    11.9 Koninklijke Philips

    11.9.1 Overview

    11.9.2 Product Overview

    11.9.3 Financials

    11.9.4 Key Developments

    11.9.5 SWOT Analysis

    11.10 Minnetronix, Inc.

    11.10.1 Overview

    11.10.2 Product Overview

    11.10.3 Financials

    11.10.4 Key Developments

    11.10.5 SWOT Analysis

    11.11 Straub Medical

    11.11.1 Overview

    11.11.2 Product Overview

    11.11.3 Financials

    11.11.4 Key Developments

    11.11.5 SWOT Analysis

    11.12 Others

    Chapter 12 MRFR Conclusion

    12.1 Key Findings

    12.1.1 From CEO’s View point

    12.1.2 Unmet Needs of the Market

    12.2 Key Companies to Watch

    12.3 Predictions for the Atherectomy Devices Industry

    Chapter 13. Appendix

     

    LIST OF TABLES

    Table 1 Global Atherectomy Devices Market Synopsis, 2020-2027

    Table 2 Global Atherectomy Devices Market Estimates and Forecast, 2020-2027 (USD Million)

    Table 3 Global Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 4 Global Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 5 Global Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 6 Global Atherectomy Devices Market, by Region, 2020-2027(USD Million)

    Table 7 North America: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 8 North America: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 9 North America: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 10 North America: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    Table 11 US: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 12 US: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 13 US: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 14 US: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    Table 15 Canada: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 16 Canada: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 17 Canada: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 18 Canada: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    Table 19 South America: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 20 South America: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 21 South America: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 22 South America: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    Table 23 Europe: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 24 Europe: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 25 Europe: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 26 Europe: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    Table 27 Western Europe: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 28 Western Europe: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 29 Western Europe: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 30 Western Europe: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    Table 31 Eastern Europe: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 32 Eastern Europe: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 33 Eastern Europe: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 34 Eastern Europe: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    Table 35 Asia-Pacific: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 36 Asia-Pacific: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 37 Asia-Pacific: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 38 Asia-Pacific: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    Table 39 Middle East & Africa: Atherectomy Devices Market, by Product Type, 2020-2027 (USD Million)

    Table 40 Middle East & Africa: Atherectomy Devices Market, by Application, 2020-2027 (USD Million)

    Table 41 Middle East & Africa: Atherectomy Devices Market, by End User, 2020-2027 (USD Million)

    Table 42 Middle East & Africa: Atherectomy Devices Market, by Region, 2020-2027 (USD Million)

    LIST OF FIGURES

    Figure 1 Research Process

    Figure 2 Segmentation for Global Atherectomy Devices Market

    Figure 3 Market Dynamics for Global Atherectomy Devices Market

    Figure 4 Global Atherectomy Devices Market Share, by Product type, 2020 (%)

    Figure 5 Global Atherectomy Devices Market Share, by Application, 2020 (%)

    Figure 6 Global Atherectomy Devices Market Share, by End User, 2020 (%)

    Figure 7 Global Atherectomy Devices Market Share, by Region, 2020 (%)

    Figure 8 North America: Atherectomy Devices Market Share, by Country, 2020 (%)

    Figure 9 Europe: Atherectomy Devices Market Share, by Country, 2020 (%)

    Figure 10 Asia-Pacific: Atherectomy Devices Market Share, by Country, 2020 (%)

    Figure 11 Middle East & Africa: Atherectomy Devices Market Share, by Country, 2020 (%)

    Figure 12 Global Atherectomy Devices Market: Company Share Analysis, 2020 (%)

    Figure 13 Abbott: Key Financials

    Figure 14 Abbott: Segmental Revenue

    Figure 15 Abbott: Geographical Revenue

    Figure 16 Avinger: Key Financials

    Figure 17 Avinger: Segmental Revenue

    Figure 18 Avinger: Geographical Revenue

    Figure 19 B. Braun Melsungen AG: Key Financials

    Figure 20 B. Braun Melsungen AG: Segmental Revenue

    Figure 21 B. Braun Melsungen AG: Geographical Revenue

    Figure 22 Biomerics: Key Financials

    Figure 23 Biomerics: Segmental Revenue

    Figure 24 Biomerics: Geographical Revenue

    Figure 25 Biotronik: Key Financials

    Figure 26 Biotronik: Segmental Revenue

    Figure 27 Biotronik: Geographical Revenue

    Figure 28 Boston Scientific Corporation: Key Financials

    Figure 29 Boston Scientific Corporation: Segmental Revenue

    Figure 30 Boston Scientific Corporation: Geographical Revenue

    Figure 31 C.R. Bard: Key Financials

    Figure 32 C.R. Bard: Segmental Revenue

    Figure 33 C.R. Bard: Geographical Revenue

    Figure 34 Cardinal Health: Key Financials

    Figure 35 Cardinal Health: Segmental Revenue

    Figure 36 Cardinal Health: Geographical Revenue

    Figure 37 Koninklijke Philips: Key Financials

    Figure 38 Koninklijke Philips: Segmental Revenue

    Figure 39 Koninklijke Philips: Geographical Revenue

    Figure 40 Minnetronix, Inc.: Key Financials

    Figure 41 Minnetronix, Inc.: Segmental Revenue

    Figure 42 Minnetronix, Inc.: Geographical Revenue

    Figure 43 Straub Medical: Key Financials

    Figure 44 Straub Medical: Segmental Revenue

    Figure 45 Straub Medical: Geographical Revenue



    This table of content is tentative and subject to change as the research progresses.

    Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.