Plaque Modification Devices Market 2025-2034: Key Highlights, Growth Dynamics, and Emerging Trends
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Are the Primary Drivers Supporting the Market Growth of thePlaque Modification Devices Market?
The proliferation of minimally invasive procedures is anticipated to drive the growth of the plaque modification devices market. These are medical or surgical approaches that require smaller incisions, result in minimal tissue disruption, and incurs less physical trauma than conventional open surgery. The surge in these procedures is propelled by technological advancement like high-definition imaging and robotic systems, amplifying precision and increasing demand from patients for rapid recovery and less scarring. Plaque modification devices contribute to the safety and effectiveness of minimally invasive procedures by ensuring accurate removal of arterial blockages and broadening the treatment spectrum for patients suffering complex vascular conditions. As an example, Intuitive Surgical Inc., a US-based firm that produces robotic products, revealed in January 2024 that they had deployed 415 da Vinci surgical systems (robotic surgical systems employing a minimally invasive surgical approach) in the final quarter of 2023, marking a 12% growth compared to 2022. Consequently, the escalating number of minimally invasive procedures is bolstering the growth of the plaque modification devices market.
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#What Long-Term Growth Rate is Expected for thePlaque Modification Devices Market Between 2025 and 2034?
Strong expansion has been observed in the plaque modification devices market size over the past years. It is predicted to surge from $1.38 billion in 2024 to $1.50 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.7%. Factors contributing to this historic period growth include an increasing number of individuals suffering from cardiovascular and linked diseases, rising demand for minimally invasive surgeries, growing geriatric population, escalating conditions of atherosclerosis, and an upsurge in obesity among the public.
The market size of plaque modification devices is predicted to experience considerable growth in the coming years, with a projected value of $2.07 billion by 2029 and a compound annual growth rate (CAGR) of 8.4%. This growth during the forecast period can be explained by factors such as the increasing prevalence of minimally invasive procedures, an escalating number of patients dealing with coronary conditions, an expanding elderly population, supportive reimbursement policies, and the rise in sedentary lifestyles and linked diseases. The major trends anticipated during this forecast include the increased utilization of minimally invasive surgeries, advancement and release of atherectomy devices, technological progressions, investments in the creation of precise innovative plaque modification devices, and the incorporation of new technologies.
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What Are the Latest Innovations Influencing thePlaque Modification Devices Market?
Leading firms in the plaque modification devices market are concentrating on creating innovative solutions like intravascular image-guided, catheter-based systems, to secure a competitive advantage. The term ‘intravascular image-guided’ denotes medical procedures or interventions that employ imaging technology to direct instruments or devices within blood vessels. For example, Avinger, a medical device corporation based in the US, introduced the Pantheris LV image-guided directional atherectomy system in August 2024. This system, crafted specifically for treating peripheral artery disease (PAD) in larger blood vessels like the superficial femoral and popliteal arteries, comes with distinctive features including higher-speed plaque excision for effective removal of challenging occlusive tissue, a proprietary jog mechanism for improved plaque apposition, and a sophisticated guidewire management system that simplifies its operation.
Who Are the Major Industry Players Accelerating Growth in thePlaque Modification Devices Market?
Major companies operating in the plaque modification devices market are Cardinal Health, Johnson & Johnson, Abbott Laboratories, Siemens Healthineers, Philips Healthcare, Becton Dickinson, Stryker Corporation, Boston Scientific, Terumo Corporation, Edward Lifesciences Corporation, Teleflex Incorporated, Merit Medical Systems Inc., MicroPort Scientific Corporation, Asahi Intecc Co. Ltd., AngioDynamics, Cardiovascular Systems Inc. (CSI), ACIST Medical Systems Inc., Endologix Inc., Avinger Inc., SoundBite Medical Solutions Inc.
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Which Primary Segments of the Plaque Modification Devices Market Are Driving Growth and Industry Transformations?
The plaque modification devices market covered in this report is segmented –
1) By Type: Atherectomy Devices, Thrombectomy Devices, Chronic Total Occlusion Devices, Embolic Protection Devices
2) By Application: Coronary Artery Disease, Peripheral Artery Disease, Neurovascular Diseases
3) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Atherectomy Devices: Rotational Atherectomy Devices, Directional Atherectomy Devices, Laser Atherectomy Devices, Orbital Atherectomy Devices
2) By Thrombectomy Devices: Mechanical Thrombectomy Devices, Aspiration Thrombectomy Devices, Manual Thrombectomy Devices, Hybrid Thrombectomy Devices
3) By Chronic Total Occlusion (CTO) Devices: CTO Crossing Guidewires, CTO Balloons, CTO Catheters, CTO Support Systems
4) By Embolic Protection Devices: Distal Protection Devices, Proximal Protection Devices, Filter-Based Embolic Protection Devices, Balloon-Based Embolic Protection Devices
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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of thePlaque Modification Devices Market?# Market?
North America was the largest region in the plaque modification devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plaque modification devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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