2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

How Are Key Drivers Contributing to the Growth and Expansion of the Laser Atherectomy Devices Market?

An increase in the occurrence of atherosclerosis is projected to fuel the expansion of the laser atherectomy devices market. Atherosclerosis is a health condition characterized by the accumulation of fat inside arteries, leading to their narrowing and hardening. This condition can limit the flow of blood to essential organs and tissues and result in severe health problems such as heart disease, stroke, and peripheral artery disease. A laser atherectomy device, which fights atherosclerosis by utilizing a laser to obliterate the plaque before removing it from the body through a catheter, is used for this treatment. For instance, the Sentinel Stroke National Audit Programme, a healthcare improvement programme in the UK, reported in March 2023 that hospital admissions due to strokes were 91,162 in 2022/23, down from 92,054 in 2021/22. Accordingly, the rising occurrence of atherosclerosis is promoting the expansion of the laser atherectomy devices market.

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#How Does the ProjectedLaser Atherectomy Devices Market Growth Compare Over the Forecast Period?

In recent times, the laser atherectomy devices market has seen robust growth. The market is projected to expand from $1.22 billion in 2024 to $1.3 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The factors driving this growth during the historic period include, an increase in cardiovascular diseases, treatment of complex lesions, advancements in minimally invasive procedures, enhancements in device design, and an increase in clinical evidence and efficacy.

In the coming years, the market for laser atherectomy devices is anticipated to experience a robust expansion. It is projected to reach a valuation of “$1.81 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.6%. The market growth during the forecasted timeframe can be linked to several factors. These include the increasing preference for minimally invasive procedures, a surging prevalence of cardiovascular conditions, broadening regulatory approvals, enhancements in the safety and efficiency of devices, and physician training initiatives. The forecast period is also expected to witness significant trends such as the emphasis on patient-oriented care, miniaturization and easy-to-carry devices, tailored treatment approaches, the incorporation of imaging technologies, and a focus on safety and effectiveness.

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What New Market Trends Are Reshaping theLaser Atherectomy Devices Market and Its Opportunities?

Prominent businesses in the laser atherectomy devices market are innovating new products such as atherectomy systems to cater to a wider customer base, boost sales, and augment revenue. An atherectomy system is a medical apparatus configured to extract atherosclerotic plaque from blood vessels. For example, in August 2022, AngioDynamics Inc., a medical device corporation based in the US, declared the clearance for Expanded Indications for Auryon Atherectomy System by the United States Food and Drug Administration (FDA). The unique quality of the Auryon Atherectomy System is its competency to handle all infrainguinal lesion types, including above-the-knee (ATK), below-the-knee (BTK), and in-stent restenosis (ISR) . The Auryon Atherectomy System, which uses advanced technology, offers strong treatment for arterial occlusions. It’s noteworthy that it is the first laser atherectomy system that is capable of treating lesions of any type, length, and location with minimal vessel wall impact.

Who Are the Leading Market Players Fueling Growth in the Laser Atherectomy Devices Market Trend?

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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How is the Global Laser Atherectomy Devices Market Segemented?

The laser atherectomy devices market 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

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Which Geographics are Influencing the Growth of the Laser Atherectomy Devices Market?

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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