Atherectomy Devices Market: Global Market Estimation, Dynamics, Regional Share,

Posted by saikrishna on May 30th, 2018

Atherectomy Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2024

 

Global Atherectomy Devices Market: By Technology (Orbital Atherectomy, Rotational Atherectomy, Orbital Atherectomy, Directional Atherectomy) By Indication (Coronary Artery Disease, Peripheral Artery disease), By End User (Hospitals, Ambulatory surgical centres and Others) and By Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2024

Market Outline: Global Atherectomy Devices Market

Atherectomy is a minimally invasive surgery to remove the atherosclerotic plaque from arteries. Atherosclerotic plaque either localized in coronary or peripheral atrial vasculature and many have different characteristics based on the texture. Atherosclerotic devices are used for atherectomy. There are various atherectomy devices which are designed based on their mechanisms such as cut, save, sand or vaporize the plaques and have different indications. Atherectomy is an alternative to angioscopy and it is also used for the coronary artery disease.

A sample of this report is available upon request @

https://www.precisionbusinessinsights.com/market-reports/atherectomy-devices-market/#ulp-4H8Z4LpNMLEuOnnx

Market Dynamics: Global Atherectomy Devices Market

The primary driver for the global atherectomy devices market is significant rise in peripheral vascular diseases around the globe. In addition, rise in demand for the minimally invasive devices such as atherectomy devices which shortens the recovery time and provide effective treatment expected to boost the global atherectomy devices market over the forecast period. Furthermore, technological advancements such as emergence of laser atherectomy and rise in aging population who has high risk of getting atherosclerosis are expected to bolster the market share over the forecast period. However, presence of the alternative treatments expected to hamper the market growth over the projected period.

Market Scope: Global Atherectomy Devices Market                                 

Global atherectomy devices market is segmented based on, technology, condition, and end user

Based on technology, global atherectomy devices market is segmented into

  • Orbital Atherectomy
  • Rotational Atherectomy
  • Orbital Atherectomy
  • Directional Atherectomy

Based on Indication, global atherectomy devices market is segmented into

  • Peripheral Artery Disease
  • Coronary Artery Disease

Based on end user, global atherectomy devices market is segmented into

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Market Summary: Global Atherectomy Devices Market

Global atherectomy devices market is expected to have significant growth rate over forecast period owing to the increase in prevalence of the heart diseases around the world. According to World Health Organization, due to cardiovascular diseases, 17.7 Mn people died in the year 2015, and 7.4 Mn were due to coronary heart diseases. Market is consolidated due to the presence of the strong players. Companies are using the strategies such as acquisitions and collaborations to increase their market share. For instance, In May 2014, Volcano Corporation (subsidiary of Koninklijke Philips N.V.) acquired the atherectomy device producer, AtheroMed, Inc. to strengthen their market share. Similarly, In May 2014, Boston Scientific Corporation strengthened its product portfolio in peripheral vascular devices by the acquisition of Interventional business of Bayer AG for $ 415 Mn in cash. Furthermore, market players also investing in the R&D to develop the new and invasive products by adopting the new technologies.

Like it? Share it!


saikrishna

About the Author

saikrishna
Joined: April 23rd, 2018
Articles Posted: 160

More by this author