Global Laser Atherectomy Devices Market
Medical Equipment

Laser Atherectomy Devices Market 2025–2029: Tracking 8.8% CAGR Toward $1.82 Billion in Revenue

Uncover key drivers, emerging technologies, and competitive movements shaping the laser atherectomy devices market from 2025–2034 with trusted insights from The Business Research Company

How Will The Laser Atherectomy Devices Market Size Evolve Between Now And 2029?

The laser atherectomy devices market size has experienced strong growth in recent years. It is anticipated to increase from $1.22 billion in 2024 to $1.3 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.3%. The expansion observed historically can be attributed to the rise in cardiovascular diseases, the treatment of complex lesions, the adoption of minimally invasive procedures, improvements in device design, and robust clinical evidence and efficacy.

The laser atherectomy devices market is anticipated to show significant expansion in the coming years. It is predicted to reach $1.82 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.8%. This projected growth over the forecast period can be attributed to several factors including the rising demand for minimally invasive procedures, an increase in cardiovascular conditions, broader regulatory approvals, continuous improvements in device safety and efficiency, and specialized physician training programs. Prominent trends expected during the forecast period include an emphasis on patient-centric care, miniaturization and portability of devices, personalized treatment strategies, the integration of imaging technologies, and a focused approach on both safety and efficacy.

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Which Key Drivers Are Powering Growth In The Laser Atherectomy Devices Market?

The increasing incidence of atherosclerosis is anticipated to drive expansion within the laser atherectomy devices market. Atherosclerosis is defined as a medical condition characterized by the accumulation of fatty deposits within arteries, leading to their narrowing and hardening. This condition can impede blood supply to essential organs and tissues, potentially resulting in severe health issues like heart disease, stroke, and peripheral artery disease. Laser atherectomy devices are employed in addressing atherosclerosis. Such a device operates by utilizing a laser to vaporize arterial plaque, which is subsequently extracted from the body via a catheter. For example, data from March 2023, published by the Sentinel Stroke National Audit Programme, a UK national healthcare quality improvement initiative, showed 91,162 hospital admissions for stroke patients in 2022/23, whereas the figure was 92,054 in 2021/22. Consequently, the growing prevalence of atherosclerosis is fueling the expansion of the laser atherectomy devices market.

How Is The Global Laser Atherectomy Devices Market Structured By Key Segments?

The laser atherectomy devicesmarket covered in this report is segmented –

1) By Type: Computer Control, Other Types

2) By Application: Cardiovascular, Peripheral Vascular, Neurovascular

3) By End-User: Hospitals And Surgical Centers, Ambulatory Care Centers, Other End-Users

Subsegments:

1) By Computer Control: Automated Laser Atherectomy Systems, Computerized Navigation Systems

2) By Other Types: Manual Laser Atherectomy Devices, Portable Laser Atherectomy Devices

What Future-Focused Trends Are Anticipated In The Laser Atherectomy Devices Market?

Major companies operating in the laser atherectomy devices market are developing innovative products like atherectomy systems to cater to larger customer bases, increase sales, and boost revenue. An atherectomy system is a medical instrument designed for removing atherosclerotic plaque from blood vessels. For instance, in August 2022, AngioDynamics Inc., a US-based medical device company, announced the United States Food and Drug Administration (FDA) clearance of Expanded Indications for its Auryon Atherectomy System. The distinct characteristic of the Auryon Atherectomy System is its capacity to effectively manage all infrainguinal lesion types, including above-the-knee (ATK), below-the-knee (BTK), and in-stent restenosis (ISR). Utilizing advanced technology, the Auryon Atherectomy System provides strong treatment for arterial occlusions. Notably, it is recognized as the pioneering laser atherectomy system capable of efficiently treating lesions of any type, length, and location with minimal effect on vessel walls.

Which Companies Hold A Competitive Edge In The Laser Atherectomy Devices Market?

Major companies operating in the laser atherectomy devices market include Boston Scientific Corporation, Terumo Corporation, Medtronic plc, Avinger Inc., Cardiovascular Systems Inc., Koninklijke Philips N.V., AngioDynamics Inc., Becton, Dickinson and Company, Eximo Medical Ltd., Cardinal Health, B. Braun SE, C. R. Bard Inc., Abbott Laboratories, Biotronik SE & Co. KG, Rex Medical, Spectranetics Corporation, Straub Medical AG, Vascular Solutions Inc., Volcano Corporation, Atrium Medical Corporation, Bayer AG, Biosensors International Group Ltd., Cook Medical LLC, Cordis Corporation, Covidien plc, Medtronic Vascular, Shockwave Medical Inc., Acotec Scientific Holdings Ltd., Advanced Catheter Therapies Inc., ArioMedica Ltd.

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Which Region Is Expected To Lead The Laser Atherectomy Devices Market In The Next Few Years?

North America was the largest region in the laser atherectomy devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global laser atherectomy devices market report during the forecast period. The regions covered in the laser atherectomy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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