Global Coronary Atherectomy Devices Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

28 Oct, 2021

The coronary atherectomy devices market consists of sales of coronary atherectomy devices and related services by entities (organizations, sole traders and partnerships) that manufacture coronary atherectomy devices. Coronary atherectomy devices are used to remove atherosclerosis from coronary blood vessels. Only goods and services traded between entities or sold to end consumers are included.

Global Coronary Atherectomy Devices Market Size And Drivers:

The global coronary atherectomy devices market is expected to grow from $0.17 billion in 2020 to $0.19 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.24 billion in 2025 at a CAGR of 7%. The increasing prevalence of cardiovascular diseases (CVDs) has resulted in an increased demand for atherectomy devices for the treatment of CVDs.

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Trends In The Global Coronary Atherectomy Devices Market

Large coronary atherectomy equipment market manufacturers are strategically partnering and collaborating with start-ups and mid-sized companies to broaden products and services. For instance, in July 2018, Cardiovascular Systems signed an agreement with OrbusNeich for selling its coronary and peripheral Orbital Atherectomy Systems (OAS) in other countries. In the same month, the company collaborated with Aerolase Corporation for developing a new laser atherectomy device for physicians, which can be used more effectively in the treatment of multiple forms of arterial disease.

Global Coronary Atherectomy Devices Market Segments:
The global coronary atherectomy devices market is further segmented –
By Product: Directional Atherectomy Devices, Orbital Atherectomy Devices, Photo-Ablative Atherectomy Devices, Rotational Atherectomy Devices, Others
By End User: Hospitals & Surgical Centers, Ambulatory Care Centers, Research Laboratories & Academic Institutes
By Geography: The global coronary atherectomy devices market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Coronary Atherectomy Devices Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides coronary atherectomy devices market overviews, analyzes and forecasts market size and growth for the global coronary atherectomy devices market, coronary atherectomy devices market share, coronary atherectomy devices market players, coronary atherectomy devices market segments and geographies, coronary atherectomy devices market’s leading competitors’ revenues, profiles and market shares. The coronary atherectomy devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.