Growth witnessed by atherectomy devices is mainly driven by the growing target patient population, continuous product development & commercialization, favorable medical reimbursements, rising demand for minimally invasive atherectomy procedures, and strengthening distribution channels of major product manufacturers.

The global atherectomy devices market accounted is projected to reach USD 1.45 Billion by 2022 from USD 1.02 Billion in 2016, at a CAGR of 6.1% during the forecast period.

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Atherectomy Devices Market by Product (Directional, Rotational, Laser, Orbital), Application (Peripheral, Cardiovascular, Neurovascular), End User (Hospitals, Surgical Centers, Ascs, Research Laboratories, Academic Institutes)

The major players in the atherectomy devices market are Medtronic (Ireland), Philips (Netherlands), Boston Scientific (US), Cardiovascular Systems (US), Straub Medical (Switzerland), BIOTRONIK (Netherlands), C.R. Bard (US), and Avinger (US).

Factors such as stringent regulatory framework, significant adoption of alternative therapies, and dearth of well-trained surgeons to conduct atherectomy procedures are expected to restrain the growth of the atherectomy devices market during the forecast period.

Stakeholders

·         Original equipment manufacturers (OEMs)

·         Product sales and distribution companies

·         Healthcare service providers (hospitals and surgical centers)

·         Non-government organizations

·         Government regulatory authorities

·         Research laboratories and academic institutes

·         Clinical research organizations (CROs)

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