Atherectomy Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global Atherectomy Devices Market has been on a remarkable growth trajectory and is set to reach new heights during forecast period. In 2024, the market size stood at a substantial US$ 999 million.

The Atherectomy Devices Market's remarkable growth can be attributed to several key factors:

1. Increasing Patient Pool with Atherosclerosis, Diabetes, and Obesity: The growing prevalence of chronic conditions such as Atherosclerosis, Diabetes, and Obesity has significantly expanded the patient pool for atherectomy devices. These devices are instrumental in the treatment of various orthopedic disorders, including chronic osteomyelitis, bone tumors, and osteomyelitis. Moreover, the rise in sports injuries, trauma cases, bone lesions, and fractures is expected to further drive market growth.

2. Rising Incidences of Peripheral Arterial Diseases and Coronary Artery Diseases: Peripheral Arterial Diseases (PAD) and Coronary Artery Diseases (CAD) affect millions of individuals globally each year, with lifestyle factors such as smoking, diabetes, and hypertension contributing to their increasing occurrence. Atherectomy devices play a crucial role in the treatment and management of these conditions, offering reduced complications and improved surgical comfort compared to conventional treatments.

3. Surge in Adoption of Laser Atherectomy Devices: The rapid adoption of Laser Atherectomy Devices is poised to be a key driver of market expansion. These devices offer multiple advantages, including adaptability, enhanced efficiency, and the elimination of the need for embolic protection devices. Additionally, laser-embedded atherectomy devices can remove thrombi, dissolve procoagulant reactants, and debulk plaque without damaging surrounding tissues, making them a preferred choice for medical professionals.

4. Emphasis on Technological Advancements: Ongoing technological advancements in the field of atherectomy devices are expected to bolster market growth. The increasing focus on medical infrastructure expansion and extensive research efforts further contribute to the positive outlook for the market in the coming years.

Despite the optimistic growth prospects, the Atherectomy Devices Market does face certain challenges:

Challenges and Restraints:

Lack of Awareness: In developing countries, there is limited awareness regarding the availability of disease diagnostics and therapies, which could impede market expansion. Additionally, a shortage of skilled surgeons is expected to limit growth, although government initiatives and investments are likely to promote market development.

Pandemic Impact: The unexpected outbreak of SARS-CoV-2 led to global lockdowns and supply chain disruptions, affecting industrial growth and commerce. However, the industry has shown resilience and adaptability during these challenging times.

Competitive Landscape Analysis:

The Atherectomy Devices industry is characterized by moderate competition and high consolidation, with several prominent players.

Key Companies profiled:

1. Medtronic Plc.
2. Boston Scientific Corporation
3. Cardiovascular Systems, Inc.
4. Avinger, Inc.
5. Koninklijke Philips N.V. (Spectranetics + Volcano)

The Atherectomy Devices Market is poised for robust growth in the coming years, driven by increasing patient demand, technological advancements, and strategic industry initiatives. As the industry continues to evolve, it presents substantial opportunities for innovation and expansion.

Atherectomy Devices Market Categorization

Atherectomy Devices Market by Indication

Coronary Artery Diseases
Peripheral Artery Diseases

Atherectomy Devices Market by Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa (MEA)

1. Executive Summary

1.1. Global Atherectomy Devices Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Atherectomy Devices Market Outlook, 2018 - 2031

3.1. Global Atherectomy Devices Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Directional Atherectomy
  - 3.1.1.2. Rotational Atherectomy
  - 3.1.1.3. Orbital Atherectomy
  - 3.1.1.4. Laser Atherectomy
3.2. Global Atherectomy Devices Market Outlook, by Indication, Value (US$ Mn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Coronary Artery Diseases
  - 3.2.1.2. Peripheral Artery Diseases
3.3. Global Atherectomy Devices Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Hospital
  - 3.3.1.2. Ambulatory surgical Centers
  - 3.3.1.3. Others
3.4. Global Atherectomy Devices Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Atherectomy Devices Market Outlook, 2018 - 2031

4.1. North America Atherectomy Devices Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Directional Atherectomy
  - 4.1.1.2. Rotational Atherectomy
  - 4.1.1.3. Orbital Atherectomy
  - 4.1.1.4. Laser Atherectomy
4.2. North America Atherectomy Devices Market Outlook, by Indication, Value (US$ Mn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Coronary Artery Diseases
  - 4.2.1.2. Peripheral Artery Diseases
4.3. North America Atherectomy Devices Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Hospital
  - 4.3.1.2. Ambulatory surgical Centers
  - 4.3.1.3. Others
4.4. North America Atherectomy Devices Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 4.4.1.2. U.S. Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 4.4.1.3. U.S. Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 4.4.1.4. Canada Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 4.4.1.5. Canada Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 4.4.1.6. Canada Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Atherectomy Devices Market Outlook, 2018 - 2031

5.1. Europe Atherectomy Devices Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Directional Atherectomy
  - 5.1.1.2. Rotational Atherectomy
  - 5.1.1.3. Orbital Atherectomy
  - 5.1.1.4. Laser Atherectomy
5.2. Europe Atherectomy Devices Market Outlook, by Indication, Value (US$ Mn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Coronary Artery Diseases
  - 5.2.1.2. Peripheral Artery Diseases
5.3. Europe Atherectomy Devices Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Hospital
  - 5.3.1.2. Ambulatory surgical Centers
  - 5.3.1.3. Others
5.4. Europe Atherectomy Devices Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.2. Germany Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 5.4.1.3. Germany Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.4. U.K. Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.5. U.K. Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 5.4.1.6. U.K. Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.7. France Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.8. France Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 5.4.1.9. France Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.10. Italy Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.11. Italy Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 5.4.1.12. Italy Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.13. Turkey Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.14. Turkey Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 5.4.1.15. Turkey Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.16. Russia Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.17. Russia Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 5.4.1.18. Russia Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.19. Rest of Europe Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 5.4.1.20. Rest of Europe Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 5.4.1.21. Rest of Europe Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Atherectomy Devices Market Outlook, 2018 - 2031

6.1. Asia Pacific Atherectomy Devices Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Directional Atherectomy
  - 6.1.1.2. Rotational Atherectomy
  - 6.1.1.3. Orbital Atherectomy
  - 6.1.1.4. Laser Atherectomy
6.2. Asia Pacific Atherectomy Devices Market Outlook, by Indication, Value (US$ Mn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Coronary Artery Diseases
  - 6.2.1.2. Peripheral Artery Diseases
6.3. Asia Pacific Atherectomy Devices Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Hospital
  - 6.3.1.2. Ambulatory surgical Centers
  - 6.3.1.3. Others
6.4. Asia Pacific Atherectomy Devices Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.2. China Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 6.4.1.3. China Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.4. Japan Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.5. Japan Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 6.4.1.6. Japan Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.7. South Korea Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.8. South Korea Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 6.4.1.9. South Korea Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.10. India Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.11. India Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 6.4.1.12. India Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.13. Southeast Asia Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.14. Southeast Asia Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 6.4.1.15. Southeast Asia Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Atherectomy Devices Market Outlook, 2018 - 2031

7.1. Latin America Atherectomy Devices Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Directional Atherectomy
  - 7.1.1.2. Rotational Atherectomy
  - 7.1.1.3. Orbital Atherectomy
  - 7.1.1.4. Laser Atherectomy
7.2. Latin America Atherectomy Devices Market Outlook, by Indication, Value (US$ Mn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Coronary Artery Diseases
  - 7.2.1.2. Peripheral Artery Diseases
7.3. Latin America Atherectomy Devices Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Hospital
  - 7.3.1.2. Ambulatory surgical Centers
  - 7.3.1.3. Others
7.4. Latin America Atherectomy Devices Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.4.1.2. Brazil Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 7.4.1.3. Brazil Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 7.4.1.4. Mexico Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.4.1.5. Mexico Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 7.4.1.6. Mexico Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 7.4.1.7. Argentina Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.4.1.8. Argentina Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 7.4.1.9. Argentina Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Atherectomy Devices Market Outlook, 2018 - 2031

8.1. Middle East & Africa Atherectomy Devices Market Outlook, by Type, Value (US$ Mn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Directional Atherectomy
  - 8.1.1.2. Rotational Atherectomy
  - 8.1.1.3. Orbital Atherectomy
  - 8.1.1.4. Laser Atherectomy
8.2. Middle East & Africa Atherectomy Devices Market Outlook, by Indication, Value (US$ Mn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Coronary Artery Diseases
  - 8.2.1.2. Peripheral Artery Diseases
8.3. Middle East & Africa Atherectomy Devices Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Hospital
  - 8.3.1.2. Ambulatory surgical Centers
  - 8.3.1.3. Others
8.4. Middle East & Africa Atherectomy Devices Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.2. GCC Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 8.4.1.3. GCC Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 8.4.1.4. South Africa Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.5. South Africa Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 8.4.1.6. South Africa Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 8.4.1.7. Egypt Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.8. Egypt Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 8.4.1.9. Egypt Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 8.4.1.10. Nigeria Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.11. Nigeria Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 8.4.1.12. Nigeria Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Atherectomy Devices Market by Type, Value (US$ Mn), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Atherectomy Devices Market by Indication, Value (US$ Mn), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Atherectomy Devices Market End User, Value (US$ Mn), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Type vs End User Heatmap
9.2. Manufacturer vs End User Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Medtronic Plc
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Type Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Koninkliijke Philips N.V
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Type Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Boston Scientific Corporation
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Type Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Cardiovascular Systems Inc.
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Type Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Avinger Inc.
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Type Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Invamed medical
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Type Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. AngioDynamics Inc.
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Type Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Rex medical
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Type Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Nipro Corporation
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Type Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. Becton, Dickinson and Company
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Type Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations