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2021
Atherectomy Devices Market

Atherectomy Devices Market Global Opportunity Analysis and Industry Forecast 2020-2027

A11505
Pages: NA
Dec 2021 | 180 Views
   
Author(s) : Onkar Sumant
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The atherectomy devices are the devices designed differently to cut, shave, sand, and vaporize the plaques and to have different indications. The atherectomy is the surgery of arteries in which the atherosclerotic plaque is removed from the arteries. The atherosclerotic plaques are located in coronary artery or peripheral artery having the different characteristics depending on the texture of the plaque. This surgery is done to make the arteries wider so as to make blood flow allowed to the heart muscles. This procedure is used in the treatment of the coronary and peripheral artery diseases. This process is of about two hours excluding the time to prepare for the procedure and recovery. This procedure not only removes plaque but also decreases the risk of neointimal hyperplasia and lessen the risk of dissection. The atherectomy devices are classified as directional atherectomy devices, rotational atherectomy devices, laser atherectomy devices and orbital atherectomy devices. Recently used atherectomy devices are like SilverHawk and TurboHawk plaque excisions systems. These devices are approved by the U.S FDA. These devices are used in the treatment of the peripheral artery vasculature. As there is the risk of distal embolization, it is recommended to use the embolic protection devices along with these two atherectomy devices.  

       Market scope and structure analysis:

Report Metric

Details

  Market size available for years

2019–2027

  Base year considered

2019

  Forecast period

2020–2027

  Forecast units

Value (USD)

  Segments covered

Product, Application, End user, Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analysed include Avinger Inc., Bard Peripheral Vascular, Inc., Boston Scientific Corporation, Cardinal Health, Inc., Cardiovascular Systems, Inc., Koninklijke Phillips N.V, Medtronic plc., Spectranetics, St. Jude Medical, Inc., Straub Medical AG, Terumo IS, Volcano Corporation, others.

 

COVID-19 Scenario Analysis:

To take care of infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.  

Top impacting factors: Market Scenario Analysis, Trends, Drivers, Impact Analysis

The increase in the number of patients of heart diseases like atherosclerosis, Coronary Artery Disease (CAD), and others, are expected to fuel the growth of the market. The geriatric population is the main focus point for the market players. Furthermore, rising preference for minimally invasive surgeries is major factor driving market. In minimally invasive surgery, doctors use a variety of methods to operate with minimal damage to the body, as opposed to the traditional open surgery method. Generally, minimally invasive surgery is associated with less pain, a shorter hospital stay, and fewer complications. Atherectomy is a minimally invasive procedure generally used to treat arteries. This point can be helpful in replacing other techniques with this and the result of which the devices related to it can have the maximum use in the market. In addition, recent development in the products as per the requirements of the physicians or surgeons will also boost the atherectomy devices market.

However, lack of awareness in the diagnosis of peripheral coronary disease is expected to hamper the growth of the market.

New product launches to flourish the market:

In March 2020, the announcement of the launch of the Rotarex S, an atherectomy device was made by the Straub Medical LLC. It was used in the treatment of occlusive peripheral vascular disease in both upper and lower extremity arteries.

In April 2019, Pantheris SV image guided atherectomy was cleared by the U.S FDA that was launched by the Avinger, Inc. this device is expected to hike the market share in recent years.

Surge in the usage of the atherectomy devices:

The increase in the prevalence of heart diseases like coronary artery disease is helping to increase the usage of the devices in the market. The increase in the awareness of diagnosis and treatment of the peripheral coronary disease may surge the usage of the atherectomy devices in the hospital sector.

        Key segments covered:

Segments

Sub-segments

  Product

  • Directional Atherectomy Devices
  • Rotational Atherectomy Devices
  • Orbital Atherectomy Devices
  • Laser Atherectomy Devices
  • Photo-Ablative Atherectomy Devices
  • Support Devices
  • Others

  Application

  • Peripheral Vascular Applications
  • Cardiovascular Applications
  • Neurovascular Applications

  Distribution Channel

  • Hospitals & Surgical centres
  • Ambulatory Care Centres
  • Research Laboratories
  • Academic Institutes

  Regions

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa


          Key benefits of the report:

  • This study presents the analytical depiction of the global atherectomy devices industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global atherectomy devices market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global atherectomy devices market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global atherectomy devices market analysis based on competitive intensity and how the competition will take shape in coming years.

          Questions answered in the atherectomy devices market research report:

  • What are the leading market players active in the atherectomy devices market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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