Coronary Atherectomy Devices Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Coronary Atherectomy Devices Market?
The growing prevalence of cardiovascular diseases (CVDs) is expected to propel the growth of the atherectomy devices market. The rise in CVDs can be attributed to risk factors such as smoking, physical inactivity, and an unhealthy diet. For example, CDC data showed that 695,547 deaths were attributed to cardiovascular diseases in the U.S. in 2021, and the risk factors for ischemic heart disease were projected to increase by 30.7% to 29 million by 2025, according to the American College of Cardiology. As the prevalence of CVDs rises, the demand for atherectomy devices to treat coronary artery disease is expected to increase, driving market growth.
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#What is the Growth Potential of the Coronary Atherectomy Devices Market, and How Will It Perform by 2034?
The coronary atherectomy devices market has expanded steadily. It is forecast to grow from $0.21 billion in 2024 to $0.23 billion in 2025, at a CAGR of 9.5%. Growth drivers include the rising incidence of coronary artery disease, demand for minimally invasive surgeries, and increased patient affordability.
The coronary atherectomy devices market is on track for strong growth, projected to hit $0.34 billion by 2029, with a CAGR of 9.6%. This growth is attributed to the aging global population, the adoption of hybrid medical procedures, increased investments, and greater awareness among patients and doctors. Emerging trends include device miniaturization, enhanced imaging capabilities, AI integration, and more refined designs for personalized treatment.
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What Are the Key Market Innovations in theCoronary Atherectomy Devices Market Over the Coming Years?
In the coronary atherectomy equipment market, companies are innovating with radial access catheters to improve patient outcomes by making procedures safer and less invasive for coronary artery disease treatment. Radial access catheters are specialized medical devices used to access coronary arteries via the radial artery in the wrist instead of the femoral artery in the groin. For example, in January 2024, AngioDynamics, a US-based healthcare solutions provider, received FDA 510(k) clearance for its Auryon XL Radial Access Catheter, designed to treat peripheral arterial disease (PAD). This catheter, compatible with the Auryon Atherectomy System, offers two diameter options and uses advanced laser technology to treat arterial blockages. Radial access reduces bleeding risks compared to femoral access and enables bilateral disease treatment in a single session, improving recovery times.
What Are the Top Market Players Propelling the Growth of theCoronary Atherectomy Devices Industry?
Major companies operating in the coronary atherectomy devices market include Boston Scientific Corporation, Koninklijke Philips N.V., Cardiovascular Systems Inc., The Spectranetics Corporation, Medtronic Inc., Avinger Inc., Biotronik SE & Co KG, Arterial Remodeling Technologies, Atrium Medical Corporation, B. Braun Melsungen AG, Balton Sp. z o.o., Biosensors International Group Ltd., Straub Medical AG, C.R. Bard Inc., RA Medical Systems Inc., Shockwave Medical Inc., Terumo Corporation, Abbott Laboratories Inc., Asahi Intecc Co. Ltd., Baylis Medical Company Inc., Cook Medical LLC, Cordis Corporation, Edwards Lifesciences Corporation, Endologix Inc., Infraredx Inc., Intact Vascular Inc., Lutonix Inc., Mercator MedSystems Inc., Miracor Medical Systems GmbH, OrbusNeich Medical Company Limited, QT Vascular Ltd., TriReme Medical LLC, Vascular Solutions Inc., Volcano Corporation
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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 #What Major Innovations Are Driving the Accelerated Growth of the Coronary Atherectomy Devices Market?# 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.
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