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Atherectomy Devices Market Size

  • Report ID: GMI2769
  • Published Date: Jun 2023
  • Report Format: PDF

Atherectomy Devices Market Size

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.

 

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.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

The market size of atherectomy devices was valued at USD 660 million in 2022 and is expected to register over 7% CAGR during 2023 to 2032 owing to the high patient preference for minimally invasive procedures.

The demand for orbital atherectomy devices amassed more than USD 204 million in 2022 and is anticipated to grow at steady pace through 2032 due to their increasing use in minimally invasive procedures for their several clinical benefits.

North America atherectomy devices industry is estimated to be worth USD 865 million by 2032 attributed to the presence of prominent market participants and the higher number of patients suffering from PAD.

Some of the renowned atherectomy devices manufacturers are include Medtronic plc, Avinger, Boston Scientific, Cardiovascular Systems, Inc., Koninklijke Philips N.V, Abbott Laboratories, AngioDynamics Inc., Becton, Dickinson and Company, Terumo Corporation, Cardinal Health Inc., Nipro Corporation, Biomerics LLC and Rex Medical

Atherectomy Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 269
  • Countries covered: 30
  • Pages: 180
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