The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s laser atherectomy devices market report forecasts the laser atherectomy devices market size to grow to $1.55 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The Laser Atherectomy Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/laser-atherectomy-devices-global-market-report

Laser Atherectomy Devices Market Size Forecast
The global laser atherectomy devices market is expected to grow from $1.07 billion in 2022 to $1.16 billion in 2023 at a compound annual growth rate (CAGR) of 8.58%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global laser arthectomy devices market size is expected to reach $1.55 billion in 2027 at a CAGR of 7.59%.

North America held the largest laser atherectomy devices market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Laser Atherectomy Devices Market Driver ­– Rise In The Prevalence Of Atherosclerosis
According to Medical News Today, a UK-based web-based medical information company, atherosclerosis was present in 42 percent of persons without cardiac disease in September 2021, and atherosclerosis was more prevalent among older male participants. Furthermore, according to the National Library of Medicine, a biological library situated in the United States, atherosclerosis was the major cause of nearly 50% of all fatalities in August 2022. As a result, an increase in the prevalence of atherosclerosis is propelling the laser atherectomy devices market forward.

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Key Laser Atherectomy Devices Market Trend – Technological Advancement
To maintain their market position, major businesses in the laser atherectomy devices market are embracing new technology. For example, AngioDynamics Inc., a medical device manufacturer based in the United States, will debut the Auryon Atherectomy System in September 2020, a minimally invasive device designed to treat peripheral artery disease (PAD), including critical limb ischemia (CLI) and in-stent restenosis (ISR). PAD may be effectively treated using this new technique and the system’s 355nm laser platform, while minimising the risk of perforation and keeping the ability to evaporate lesions without thermal ablation. A laser catheter is used in the system to ablate the plaque and thrombus within the vessel. The device uses patented technologies to provide precise energy to the lesion while protecting healthy artery tissue.

Laser Atherectomy Devices Market Segment
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, Others End-Users

Laser Atherectomy Devices Market Major Players and Strategies
Major players in the laser atherectomy devices market are Boston Scientific Corporation, Terumo Corporation, Medtronic Plc., Avinger Inc., Cardiovascular Systems Inc. (CSI), Koninklijke Philips N.V, AngioDynamics Inc., BD (Becton, Dickinson and Company), Eximo Medical Ltd., Cardinal Health, B. Braun SE, C. R. Bard Inc., Abbott Laboratories, Biotronik, and Rex Medical.

Straub Medical AG. was bought by BD (Becton, Dickinson, and business), a US-based medical device business, for an undisclosed sum in June 2020. BD hoped to broaden its strategic focus on transforming the world of health by producing revolutionary solutions that improve patient outcomes while lowering healthcare costs. Straub Medical AG is a Swiss medical technology company that manufactures laser atherectomy devices for the treatment of peripheral arterial disease (PAD) and venous illness.

The Laser Atherectomy Devices Global Market Report 2023 covers regional data on laser atherectomy devices market size, laser atherectomy devices market trends and drivers, opportunities, strategies, and laser atherectomy devices market competitor analysis. The countries covered in the laser atherectomy devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A laser atherectomy device is a medical device that employs laser radiation to break down and remove blood artery obstructions. It is often used to treat disorders caused by plaque formation in the arteries, such as peripheral arterial disease (PAD) or atherosclerosis. The technology works by directing a high-energy laser beam towards the plaque, vaporising and removing the obstruction.

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