Atherectomy Devices Market Market Size, Industry Share, Estimate And Future Growth To 2025 | Grand View Research, Inc
“The global atherectomy devices market size was valued at USD 488.04 million in 2016 and is projected to grow with CAGR of 6.97% over the forecast period .”
Global atherectomy devices market is expected to reach USD 894.69 million by 2025, based on a new report by Grand View Research, Inc. The demand for atherectomy devices market is anticipated to boost over the forecast period due to rapidly rising incidence of target diseases such as peripheral artery disease. New technologies and product approvals are expected to boost the market for orbital and laser atherectomy devices over the forecast period. For instance, in July 2016, Cardiovascular Systems Inc. submitted an application for approval to Pharmaceuticals and Medical Devices Agency (PMDA), Japan’s regulatory agency for pharmaceuticals and medical devices. The company intends to launch Diamondback 360 Coronary OAS Micro Crown in the region and is looking for potential distributors. This would be the company’s first international market entry and the approval procedure is yet to be completed.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/atherectomy-device-market
Follow Us:
Further key findings from the study suggest:
Directional atherectomy devices was the largest segment in terms of revenue in the year 2016. This can be attributed to their capability of collecting the shaved plaque in a collecting space, which reduces the risk of barotrauma, dissection, and neointimal hyperplasia.
Laser atherectomy devices is expected to the fastest growing segment over the next 8 years. Laser technique is perceived as to have more precision in plaque removal and cause fewer complications. It is also believed to result in lesser incidence of restenosis.
Geographically, North America held the largest market share in 2015 and is expected to maintain its position during the forecast period. A high prevalence of Peripheral Artery Diseases (PAD) in this region is one of the key reasons for high demand of atherectomy. Almost 8.5 million people suffer from PAD in the U.S., resulting in an annual economic burden of nearly USD 160 million.
Asia Pacific is anticipated to observe the fastest growth over the coming years. Improving economic conditions leading to increasing prevalence of lifestyle diseases, especially cardiovascular and peripheral, is the key reason for this growth.
Some of the key industry contributors are Boston Scientific Corporation, Cardiovascular Systems Inc., Medtronic (Covidien), Spectranetics, VOLCANO CORPORATION, Avinger Inc., Bayer AG, Straub Medical AG, ST. JUDE MEDICAL, BARD Peripheral Vascular, Cardinal Health (Cordis), and Terumo IS.
Grand View Research has segmented the atherectomy devices market by type and region: Atherectomy Devices Type Outlook (Market Revenue in USD Million, 2014 - 2025) Directional atherectomy devices
Rotational atherectomy devices
Orbital atherectomy devices
Laser atherectomy devices
Atherectomy Devices Regional Outlook (Market Revenue in USD Million, 2014 - 2025) North America
o
U.S.
o
Canada
Europe o
UK
o
Germany
Asia Pacific o
China
o
Japan
Latin America
Follow Us:
o 
Brazil
Middle East and Africa o
South Africa
Browse Related Category Reports @ https://www.grandviewresearch.com/industry/medical-devices Table of Content of Atherectomy Devices Market Chapter 1 Research Methodology 1.1 Information Procurement 1.2 Data Analysis Chapter 2 Executive Summary Chapter 3 Market Snapshot Chapter 4 Atherectomy Devices Market Variables, Trends & Scope 4.1 Market Segmentation and Scope 4.1.1 Market driver analysis 4.1.1.1 Increasing prevalence of target diseases 4.1.1.2 Preference to minimally invasive procedures 4.1.2 Market Restraint Analysis 4.1.2.1 Lack of level 1 evidence for atherectomy 4.1.2.2 Lack of technical training for the procedure 4.2 Penetration & Growth Prospects Mapping 4.3 Atherectomy Devices Market - PESTLE Analysis 4.4 Industry Analysis - Porter’s 4.5 Atherectomy Devices Market Competitive Landscape: Market Position Analysis (Based on Products, Regional Presence) Chapter 5 Atherectomy Devices: Type Estimates & Trend Analysis 5.1 Atherectomy Devices Market: Type Movement Analysis 5.2 Directional Atherectomy Devices 5.2.1 Directional Atherectomy Devices Market, 2014 - 2025 (USD Million) 5.3 Rotational Atherectomy Sevices 5.3.1 Rotational Atherectomy Market, 2014 - 2025 (USD Million) 5.4 Orbital Atherectomy Devices
Follow Us:
5.4.1 Orbital Atherectomy Devices Market, 2014 - 2025 (USD Million) 5.5 Laser Atherectomy Devices 5.5.1 Laser Atherectomy Devices Market, 2014 - 2025 (USD Million) Chapter 6 Atherectomy Devices: Regional Estimates & Trend Analysis, by Type 6.1 Atherectomy Devices Market Share by Region, 2016 & 2025 6.2 North America 6.2.1 U.S. 6.2.1.1 U.S. Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.2.2 Canada 6.2.2.1 Canada Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.3 Europe 6.3.1 UK 6.3.1.1 UK Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.3.2 Germany 6.3.2.1 Germany Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.4 Asia Pacific 6.4.1 Asia Pacific Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.4.2 China 6.4.2.1 China Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.4.3 Japan 6.4.3.1 Japan Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.5 Latin America 6.5.1 Latin America Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.5.2 Brazil 6.5.2.1 Brazil Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.6 MEA 6.6.1 MEA Atherectomy Devices Market, 2014 - 2025 (USD Million) 6.6.2 South Africa 6.6.2.1 South Africa Atherectomy Devices Market, 2014 - 2025 (USD Million) Chapter 7 Competitive Landscape 7.1 Strategy Framework 7.1.1 Boston Scientific Corporation
Follow Us:
7.1.1.1 Company overview 7.1.1.2 Financial performance 7.1.1.3 Product benchmarking 7.1.1.4 Strategic initiatives 7.1.2 Cardiovascular Systems Inc. 7.1.2.1 Company overview 7.1.2.2 Financial performance 7.1.2.3 Product benchmarking 7.1.2.4 Strategic initiatives 7.1.3 Medtronic plc. 7.1.3.1 Company overview 7.1.3.2 Financial performance 7.1.3.3 Product benchmarking 7.1.3.4 Strategic initiatives 7.1.4 Spectranetics 7.1.4.1 Company overview 7.1.4.2 Financial performance 7.1.4.3 Product benchmarking 7.1.4.1 Strategic initiatives 7.1.5 VOLCANO CORPORATION 7.1.5.1 Company overview 7.1.5.2 Financial performance 7.1.5.3 Product benchmarking 7.1.5.4 Strategic initiatives 7.1.6 Avinger Inc. 7.1.6.1 Company overview 7.1.6.2 Financial performance 7.1.6.3 Product benchmarking 7.1.6.4 Strategic initiatives 7.1.7 Bayer AG 7.1.7.1 Company overview 7.1.7.2 Financial performance
Follow Us:
7.1.7.3 Strategic initiatives 7.1.8 Straub Medical AG 7.1.8.1 Company Overview 7.1.8.2 Product benchmarking 7.1.8.3 Strategic initiatives 7.1.9 ST. JUDE MEDICAL 7.1.9.1 Company overview 7.1.9.2 Financial performance 7.1.9.3 Product benchmarking 7.1.10 BARD Peripheral Vascular 7.1.10.1 Company overview 7.1.10.2 Financial performance 7.1.10.3 Product benchmarking 7.1.10.4 Strategic initiatives 7.1.11 . Cardinal Health (Cordis) 7.1.11.1 Company overview 7.1.11.2 Financial performance 7.1.11.3 Product benchmarking 7.1.11.4 Strategic initiatives 7.1.12 Terumo Medical Corporation 7.1.12.1 Company overview 7.1.12.2 Financial performance 7.1.12.3 Product benchmarking 7.1.12.4 Strategic initiatives
Follow Us:
About Us: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
Follow Us: