Atherectomy systems are
utilized as a part of the Cath lab to debulk sores by cutting or laser removing
plaque, calcium and tissue hyperplasia from vessel dividers, permitting
recanalization of the vessel lumen as an end in itself, or in anticipation of
stenting. While a few systems have a sign for the coronaries, the essential
utilization of these gadgets is for Peripheral Artery Disease (PAD) in the
legs.
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The
Global Atherectomy systems Market is expected to reach USD 1.83 billion by
2025, from USD 1.31 million in 2017 growing at a CAGR of 6.3% during the
forecast period of 2018 to 2025.
The upcoming market
report contains data for historic year 2016, the base year of calculation is
2017 and the forecast period is 2018 to 2025.
Some of the major players operating in the
global atherectomy systems market are
·
Koninklijke Philips
·
Medtronic
·
Cardiovascular Systems
·
Boston Scientific
·
C.R. Bard
·
Cardinal Health
·
Minnetronix, Inc.
·
Avinger
·
Straub Medical
·
Biomerics
Others are Biotronik, RA
Medical Systems, Terumo Corporation, Abbott Laboratories, B. Braun Group,
Covidien, Spectranetics among others. The global atherectomy systems market is
highly fragmented and the major players have used various strategies such as
new product launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market. The
report includes market shares of atherectomy systems market for global, Europe,
North America, Asia Pacific and South America.
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Major Market Drivers and Restraints:
·
Rising target patient
population
·
Continuous product
development and commercialization
·
Favourable reimbursement
scenario in mature markets
·
Demand for minimally
invasive surgical procedures
·
Strengthening
distribution channels of major product manufacturers
·
Limited patient
awareness
·
Stringent regulatory
scenario
Market Segmentation: Global Atherectomy systems Market
The global atherectomy systems market is
segmented based on Product, Application, End User, Geography.
·
By product the global
atherectomy systems market is segmented into
·
Directional atherectomy
·
Orbital atherectomy
·
Photo-ablative (laser)
atherectomy
·
Rotational atherectomy
·
Support devices and
other
·
On the basis of
application the global atherectomy systems market is segmented into
·
Peripheral Vascular
·
Cardiovascular
·
Neurovascular And Others
·
On the basis of end-user
the global atherectomy systems market is segmented into
- Hospitals
& Surgical Centers
- Ambulatory
Care Centers
- Research
Laboratories & Academic Institutes
- Others
·
Based on geography, the
market report covers data points for 28 countries across multiple geographies
namely North America & South America, Europe, Asia-Pacific and, Middle East
& Africa.
·
Some of the major
countries covered in this report are U.S., Canada, Germany, France, U.K.,
Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan,
Australia, Singapore, South Africa and, Brazil among others.
Key Developments in the
Market:
·
In August 2017,
Cardiovascular Systems collaborated with Aerolase for the development of the
laser atherectomy device to treat multiple forms of arterial disease.
·
In July 2018,
Cardiovascular Systems, Inc. (CSI) signed an agreement with OrbusNeich for the
distribution of the coronary and peripheral Orbital Atherectomy Systems (OAS)
outside U.S. and Japan.
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