Global Atherectomy Devices Market

Dec 2018| VMR262A| Verified Market Research

Report Highlights

Market Overview:
The global Atherectomy Devices Market was valued at USD 0.94 billion in 2016 and is projected to reach USD 1.97 billion by 2025, growing at a CAGR of 5.9% from 2017 to 2025.

Atherectomy is a minimally invasive endovascular surgery technique for removing atherosclerosis from blood vessels within the body. It is an alternative to angioplasty.

Market Dynamics:
1. Market Drivers
1.1 Increasing target population
1.2 Growing product development and commercialization
1.3 Favorable reimbursement scenarios
1.4 Demands for minimally invasive procedures
1.5 Increasing reach of major manufacturers

2. Market Restraints
2.1 Dearth of medical experts
2.2 Limited patient awareness
2.3 Stringent regulations

Market Segmentation:
1. Global Atherectomy Devices Market, by Application:
1.1 Peripheral Vascular Applications
1.2 Cardiovascular Applications
1.3 Neurovascular Applications

2. Global Atherectomy Devices Market, by End User:
2.1 Hospitals & Surgical Centers
2.2 Ambulatory Care Centers
2.3 Research Laboratories & Academic Institutes

3. Global Atherectomy Devices Market, by Product:
3.1 Directional Atherectomy Systems
3.2 Orbital Atherectomy Systems
3.3 Photo-Ablative (Laser) Atherectomy Systems
3.4 Rotational Atherectomy Systems
3.5 Support Devices

4. Global Atherectomy Devices Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Koninklijke Philips
2. Medtronic
3. Cardiovascular Systems
4. Boston Scientific
5. C.R. Bard
6. Cardinal Health
7. Minnetronix, Inc.
8. Avinger
9. Straub Medical
10. Biomerics
11. Biotronik
12. RA Medical Systems
13. Terumo Corporation
14. Abbott Laboratories
15. B. Braun Group

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Atherectomy Devices Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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