Discover trends, market shifts, and competitive outlooks for the coronary atherectomy devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

How Has The Coronary Atherectomy Devices Market Growth Evolved From 2024 To 2025, And What’s Ahead?

In the past few years, there has been significant growth in the coronary atherectomy devices market size. There is an anticipated growth from $0.21 billion in 2024 to $0.23 billion in 2025, revealing a compound annual growth rate (CAGR) of 9.5%. The driving forces behind this growth during the historic period include an increased prevalence of coronary artery disease, a growing preference for minimally invasive procedures, a rise in the demand for coronary atherectomy devices, and increasing disposable incomes.

The market for coronary atherectomy devices is projected to witness significant expansion in the forthcoming years, anticipating to reach a value of $0.34 billion in 2029. This growth, calculated at a compound annual growth rate (CAGR) of 9.6%, is primarily attributed to factors like increasing age group, hybrid methodology, investments in the industry, and the general awareness of patients and doctors about the subject. Major upcoming trends for the forecast period include developments in coronary atherectomy apparatus, shrinkage in size, improved imaging techniques, individualized therapy, advancements in product design, and the inclusion of robotics and artificial intelligence.

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What Are the Primary Drivers Supporting the Market Growth of the Coronary Atherectomy Devices Market?

The growing incidence of cardiovascular diseases (CVDs) has led to a heightened demand for atherectomy devices used in the treatment of these diseases. The escalating prevalence of CVDs can be linked to smoking, a lack of physical activity, and unhealthy dietary habits. For example, the Center for Disease Control and Prevention, a government agency based in the US, reported in September 2023 that the number of fatalities due to cardiovascular diseases had risen to 695,547 in 2021. Furthermore, in August 2022, the American College of Cardiology, a not-for-profit medical association based in the US, anticipated that the risk factors for ischemic heart disease would surge by 30.7% to 29 million by 2025. Consequently, the growing prevalence of cardiovascular diseases is likely to boost the progression of the global coronary atherectomy devices market.

Which Primary Segments of the Coronary Atherectomy Devices Market Are Driving Growth and Industry Transformations?

The coronary atherectomy devices market covered in this report is segmented –

1) By Product: Directional Atherectomy Devices, Orbital Atherectomy Devices, Photo-Ablative Atherectomy Devices, Rotational Atherectomy Devices, Other Products

2) By Application: Peripheral Vascular, Cardiovascular, Neurovascular

3) By End User: Hospitals And Surgical Centers, Ambulatory Care Centers, Research Laboratories And Academic Institutes

Subsegments:

1) By Directional Atherectomy Devices: Traditional Directional Atherectomy Devices, Advanced Directional Atherectomy Devices

2) By Orbital Atherectomy Devices: Single-Wire Orbital Atherectomy Devices, Multi-Wire Orbital Atherectomy Devices

3) By Photo-Ablative Atherectomy Devices: Laser-Based Photo-Ablative Devices, Other Photo-Ablative Atherectomy Devices

4) By Rotational Atherectomy Devices: Manual Rotational Atherectomy Devices, Motorized Rotational Atherectomy Devices

5) By Other Products: Combination Atherectomy Devices, Custom Atherectomy Solutions, Other Coronary Atherectomy Devices

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Which Regions Are Key Players in the Growth of the Coronary Atherectomy Devices Market?

North America was the largest region in the coronary atherectomy devices market in 2023. Western Europe was the second-largest region in the global coronary atherectomy devices market share. Africa, was the smallest region in the coronary atherectomy devices industry. The regions covered in the coronary atherectomy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Are the Most Significant Market Trends in the Coronary Atherectomy Devices Market?

The front-running companies in the coronary atherectomy equipment market are focusing on pioneering solutions like radial access catheters to enhance the results for patients by facilitating safer and less invasive treatment methods for coronary artery disease. Radial Access Catheters are specialized devices, utilized in interventional cardiology that allow access to the coronary arteries through the radial artery in the wrist, as opposed to the traditional method via the femoral artery in the groin. To illustrate, in January 2024, AngioDynamics, a U.S based company that provides products and solutions to healthcare professionals, received FDA 510(k) authorization for its Auryon XL Radial Access Catheter. This catheter, developed for treatment of peripheral arterial disease (PAD), is compatible with the Auryon Atherectomy System and uses a cutting-edge laser technology for effective management of arterial blockages. It’s significant to note, radial access drastically reduces major bleeding risks than the conventional femoral access and also enables the treatment of bilateral disease in a single session, thereby encouraging quicker recuperation.

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What Parameters Are Used to Define the Coronary Atherectomy Devices Market?

Coronary atherectomy devices are used to remove atherosclerosis from coronary blood vessels. Atherectomy devices were developed to permit drilling, grinding, or sanding of atheroma, calcium, and excess cellular material from the site of coronary occlusion or stenosis.

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