Atherectomy Devices Market Trends

Skyquest Technology's expert advisors have carried out comprehensive research on the atherectomy devices market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.

Atherectomy Devices Market Dynamics

Drivers

Increasing Senescent Population

  • An aging population is more at risk of suffering from cardiovascular complications such as arterial blockages. Atherectomy devices are crucial in helping treat these disorders and growing preference for minimally invasive atherectomy procedures among geriatric people will also bolster atherectomy devices market growth in the future.

High Incidence of Cardiovascular Disorders

  • People around the world are opting for sedentary lifestyles and poor eating habits, which has culminated in poor health and thereby putting them at high risk of developing cardiovascular disorders. This surge in prevalence of cardiovascular disorders is projected to promote the demand for atherectomy devices in the future.

Restraints

Risks and Complications in Procedures

  • The risk of complications is omnipresent in atherectomy procedures as there are many variables involved and ensuring each is handled properly is not realistically possible. Hence, this risk of complication is projected to slow down sales of atherectomy devices in the future.

High Costs of Atherectomy Procedures

  • Atherectomy procedures often involve the use of advanced devices and technologies along with expert medical professionals to handle the same. All of these factors add up to the atherectomy procedure treatment costs and limit the affordability, thereby impeding atherectomy devices market growth potential as well.

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FAQs

Atherectomy Devices Market size was valued at USD 962.41 Million in 2023 and is poised to grow from USD 1040.37 Million in 2024 to USD 1939.96 Million by 2032, growing at a CAGR of 8.1% during the forecast period (2025-2032).

Developing affordable and advanced atherectomy devices will be the prime focus of new as well as established companies in the future. Atherectomy devices providers can also maximize their business scope by riding the wave of minimally invasive surgery popularity going forward. Investing in research and development will be an unmissable strategy for all atherectomy devices companies working in this market. Emerging countries will provide attractive growth opportunities for atherectomy devices suppliers in the long run. 'Medtronic Plc (Ireland) ', 'Boston Scientific Corporation (USA) ', 'Cardiovascular Systems, Inc. (USA) ', 'Royal Philips (Netherlands) ', 'Avinger, Inc. (USA) ', 'Terumo Corporation (Japan) ', 'AngioDynamics, Inc. (USA) ', 'Braun Group (Germany) ', 'Abbott Laboratories (USA) ', 'B. Braun Melsungen AG (Germany) ', 'Biotronik SE & Co. KG (Germany) ', 'Biomerics (USA) ', 'Philips (Netherlands) ', 'Cook Medical, Inc. (USA) ', 'Cardinal Health, Inc. (USA) ', 'Rex Medical, L.P. (USA) ', 'W. L. Gore & Associates, Inc. (USA) ', 'Minnetronix, Inc. (USA) ', 'Merit Medical Systems, Inc. (USA) ', 'NexStep Medical (USA)'

An aging population is more at risk of suffering from cardiovascular complications such as arterial blockages. Atherectomy devices are crucial in helping treat these disorders and growing preference for minimally invasive atherectomy procedures among geriatric people will also bolster atherectomy devices market growth in the future.

Integration of Advanced Technologies: Atherectomy device manufacturers should focus on integrating advanced technologies such as artificial intelligence and machine learning to improve the capabilities of their offerings. Companies can deploy these advanced technologies in their development as well as deployment to maximize business scope in the future.

North America is projected to account for a dominant share of the global atherectomy devices market. High incidence of multiple cardiovascular disorders and growing number of atherectomy procedures in this region allow it to hold a dominant stance. Rapidly increasing geriatric population, rising popularity of minimally invasive surgeries, and approvals of novel atherectomy devices are also expected to contribute to this region's dominance. The United States is projected to spearhead sales of atherectomy devices in the North American region followed by Canada. High healthcare expenditure in this region will also favor atherectomy device sales.

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Global Atherectomy Devices Market
Atherectomy Devices Market

Report ID: SQMIG35A2953

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