San Francisco, 21 February, Atherectomy Devices Market Analysis By Type
(Directional Atherectomy, Rotational Atherectomy, Orbital Atherectomy, Laser
Atherectomy), By Region (North America, Europe, Asia Pacific, Latin America,
MEA), And Segment Forecasts, 2018 – 2025.
The global atherectomy devices market is expected to reach USD
894.69 million by 2025, based on a new report by Grand View Research, Inc. The
demand for atherectomy devices market is anticipated to boost over the forecast
period due to rapidly rising incidence of target diseases such as peripheral
artery disease.
New technologies and product
approvals are expected to boost the market for orbital and laser atherectomy
devices over the forecast period. For instance, in July 2016, Cardiovascular
Systems Inc. submitted an application for approval to Pharmaceuticals and
Medical Devices Agency (PMDA), Japan’s regulatory agency for pharmaceuticals
and medical devices. The company intends to launch Diamondback 360 Coronary OAS
Micro Crown in the region and is looking for potential distributors. This would
be the company’s first international market entry and the approval procedure is
yet to be completed.
Access Full Research
Report On Atherectomy Devices Market Analysis:
Further Key Findings from the Study Suggest:
·
Directional atherectomy devices
was the largest segment in terms of revenue in the year 2016. This can be
attributed to their capability of collecting the shaved plaque in a collecting
space, which reduces the risk of barotrauma, dissection, and neointimal
hyperplasia.
·
Laser atherectomy devices is
expected to the fastest growing segment over the next 8 years. Laser technique
is perceived as to have more precision in plaque removal and cause fewer
complications. It is also believed to result in lesser incidence of restenosis.
·
Geographically, North America
held the largest market share in 2015 and is expected to maintain its position
during the forecast period. A high prevalence of Peripheral Artery Diseases
(PAD) in this region is one of the key reasons for high demand of atherectomy.
Almost 8.5 million people suffer from PAD in the U.S., resulting in an annual
economic burden of nearly USD 160 million.
·
Asia Pacific is anticipated to
observe the fastest growth over the coming years. Improving economic conditions
leading to increasing prevalence of lifestyle diseases, especially
cardiovascular and peripheral, is the key reason for this growth.
·
Some of the key industry
contributors are Boston Scientific Corporation, Cardiovascular Systems Inc.,
Medtronic (Covidien), Spectranetics, VOLCANO CORPORATION, Avinger Inc., Bayer
AG, Straub Medical AG, ST. JUDE MEDICAL, BARD Peripheral Vascular, Cardinal
Health (Cordis), and Terumo IS.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
atherectomy devices market by type and region:
Atherectomy Devices Type
Outlook (Market Revenue in USD Million, 2014 - 2025)
·
Directional atherectomy devices
·
Rotational atherectomy devices
·
Orbital atherectomy devices
·
Laser atherectomy devices
Atherectomy Devices Regional
Outlook (Market Revenue in USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
Japan
·
Latin America
o
Brazil
·
Middle East and Africa
o
South Africa
Access Full
Press Release of this Report:
www.grandviewresearch.com/press-release/global-atherectomy-device-market
www.grandviewresearch.com/press-release/global-atherectomy-device-market
About Grand
View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
No comments:
Post a Comment