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

How Has The Atherectomy Devices Market Size Shifted, And What Is the Outlook Through 2034?

Recent years have seen a robust growth in the market size of atherectomy devices, which is projected to increase from $0.93 billion in 2024 to $1.02 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. Factors contributing to this growth during the historic period include a surge in cardiovascular diseases, an ageing population, escalating obesity figures, enhanced funding and investment towards cardiovascular research and healthcare facilities, and heightened awareness about minimally invasive procedures.

The market size for atherectomy devices is projected to experience substantial growth in the coming years, surging to $1.46 billion in 2029 at a Compound Annual Growth Rate (CAGR) of 9.4%. This anticipated growth within the forecast period is linked to factors such as increasing diabetes rates, a rise in diseases related to lifestyle, the expanding availability of reimbursement for atherectomy system costs, an increase in disposable income, and a heightened demand for atherectomy procedures. Key trends expected in the forecast period consist of ongoing enhancements in atherectomy device technology, the incorporation of sophisticated imaging technologies, a focus on care that centers around the patient, the application of robotic systems, along with the employment of real-time data analytics and machine learning.

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What External and Internal Drivers Are Contributing to the Growth of the Atherectomy Devices Market?

The growth of the atherectomy devices market is expected to be spurred by the increasing prevalence of coronary artery disease (CAD). Known for its characteristic narrowing or blockage of coronary arteries due to plaque accumulation, coronary artery disease impairs blood flow to the heart. A global surge in the senior population, elevated sedentary behaviours, rising stress and mental health problems, and an uptake in unhealthy food consumption are contributing to the pervasiveness of CAD. Directional coronary atherectomy is a less intrusive procedure targeting the removal of blockages from coronary arteries, improving heart muscle blood supply and reducing pain. For example, the Singapore Heart Foundation (SHF), a non-profit organization based in Singapore, reported that total cardiovascular disease-related deaths reached 8,311 in 2023, which was an increase from 7,762 in 2021. Furthermore, in 2023, atherosclerosis was responsible for 60% of these deaths, a slight increase from 59% in 2022. Thus, the ever-increasing prevalence of coronary artery disease is fuelling the growth of the atherectomy devices market.

What Segment Types Define the Atherectomy Devices Market Structure?

The atherectomy devices market covered in this report is segmented –

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

2) By Application: Peripheral Vascular Applications, Cardiovascular Applications, Neurovascular Applications

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

Subsegments:

1) By Rotational Atherectomy Devices: Coronary Rotational Atherectomy Devices, Peripheral Rotational Atherectomy Devices

2) By Orbital Atherectomy Devices: Coronary Orbital Atherectomy Devices, Peripheral Orbital Atherectomy Devices

3) By Directional Atherectomy Devices: Coronary Directional Atherectomy Devices, Peripheral Directional Atherectomy Devices

4) By Other Products: Laser Atherectomy Devices, Excimer Laser Atherectomy Systems

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Which Geographic Areas Hold the Strongest Growth Potential in the Atherectomy Devices Market?

North America was the largest region in the atherectomy devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the atherectomy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Key Trends Are Shaping the Future of the Atherectomy Devices Market?

Leading corporations in the atherectomy devices market are pioneering novel products, including atherectomy peripheral platform-based catheters, to earn a competitive advantage. The application of such catheters, which are medical instruments used to treat peripheral artery disease by traveling through the bloodstream to alleviate arterial obstructions in the legs, is increasing. For example, Cardio Flow, an American medical device manufacturing company, introduced the FreedomFlow, a cutting-edge orbital atherectomy peripheral platform, in October 2023. Using a unique mechanism to get rid of plaque blockages in the leg arteries, FreedomFlow system leverages a distinctive catheter-based layout using the principles of angular momentum physics and features a spiral geometric design with five diamond-covered spheres that keep constant touch with the vessel wall during both forward and backward movement.

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What Is the Definition of the Atherectomy Devices Market?

Atherectomy devices are specialized medical instruments used in the procedure of atherectomy, a minimally invasive surgical technique to remove atherosclerotic plaque from blood vessels. Atherectomy devices are crucial in managing arterial blockages, offering a precise and minimally invasive solution to restore blood flow and alleviate symptoms associated with peripheral artery disease (PAD) and coronary artery disease (CAD).

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