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Atherectomy Devices Market size was worth USD 660 million in 2022 and is anticipated to grow significantly at over 7% CAGR from 2023 to 2032 attributed to the rising preference for minimally invasive surgical procedures.
The acceptance of minimally invasive operations has significantly soared among patients as they offer several advantages, such as minimal postoperative discomfort, shorter hospital stay, and reduced blood loss. The ongoing technological improvements have led to the evolution of less invasive percutaneous revascularization treatments in atherectomy. The growing usage of improved tools in atherectomy treatments for less scarring and smaller incisions on the body will also drive the industry growth.
Report Attribute | Details |
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Base Year: | 2022 |
Atherectomy Devices Market Size in 2022: | USD 660 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7% |
2032 Value Projection: | USD 1.4 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 269 |
Segments covered: | Product, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The rising shortage of competent healthcare workers is likely to restrain the atherectomy devices market development to some extent. According to the American Association of Medical Colleges, the U.S. may face a shortfall of around 23,000 surgeons by 2032. Despite the financial ease, healthcare institutions are not able to employ atherectomy equipment due to scarcity, and the lack of personnel with necessary skills to run the systems. Additionally, the surge in the number of patients undergoing traditional open surgical treatments will limit the business statistics.