Global Coronary Atherectomy Devices Market Forecast To 2023

The global coronary atherectomy devices market is expected to decline from $180.11 million in 2019 to $173.32 million in 2020 at a compound annual growth rate (CAGR) of -3.77%. The decline is mainly due to the COVID-19 outbreak that has led to deferred care to avoid visiting hospitals, which resulted in reduced patient volume. The market is then expected to recover and reach $211.85 million in 2023 at a CAGR of 6.92%. The increasing prevalence of cardiovascular diseases (CVDs) has resulted in an increased demand for atherectomy devices for the treatment of CVDs. However, stringent government regulations may hamper the growth of coronary atherectomy devices market.

The coronary atherectomy devices market consists of sales of coronary atherectomy devices and related services by entities 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.

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The global coronary atherectomy devices market is further segmented based on type and geography.
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. Among these regions, the North American coronary atherectomy devices market accounts for the largest share in the global coronary atherectomy devices market.

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Trends In The 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.
Coronary Atherectomy Devices Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides coronary atherectomy devices market overviews, analyzes and forecasts coronary atherectomy devices 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 size, coronary atherectomy devices market segments and geographies, coronary atherectomy devices market trends, coronary atherectomy devices market drivers and coronary atherectomy devices market restraints, 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.