North America Atherectomy Devices Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The North American atherectomy devices market is experiencing significant growth as the demand for minimally invasive procedures continues to rise. Atherectomy devices are essential tools used to remove plaque buildup from blood vessels, particularly in patients suffering from peripheral artery disease (PAD) or coronary artery disease (CAD). The growing prevalence of these vascular conditions and the shift towards less invasive surgical methods are the primary factors driving this market's expansion.
In the North American healthcare industry, atherectomy devices are increasingly sought after due to their ability to restore blood flow and improve the quality of life for patients suffering from blockages. As more people are diagnosed with PAD and CAD, the need for effective, minimally invasive treatment options grows. Atherectomy is considered a safer and more efficient alternative to traditional bypass surgeries or angioplasty, making it a highly preferred choice for both physicians and patients.
Industries involved in the development of atherectomy devices focus on innovation and improving device efficiency. Manufacturers are investing heavily in research and development to design devices that are easier to use, less invasive, and more effective in targeting specific areas of plaque buildup. With technological advancements, these devices are now equipped with enhanced imaging systems, making procedures more precise and safer for patients.
The requirement for atherectomy devices is particularly high in hospitals and specialized clinics where interventional cardiologists and vascular surgeons perform these procedures. Additionally, the rising elderly population, coupled with increasing rates of chronic diseases such as diabetes and hypertension, is driving demand for atherectomy procedures in North America. These factors collectively indicate a robust market outlook for atherectomy devices in the region.
With an ever-expanding market and growing healthcare infrastructure, the North America Atherectomy Devices Market is expected to continue its upward trajectory in the coming years.
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Boston Scientific Corp.
Cardiovascular Systems Inc.
Medtronic Plc
Spectranetics Corp.
Avinger Inc.
Royal Philips NV
Terumo Corp.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Atherectomy Devices Market
Hospitals
ASCs
Clinics
Based on Types the Market is categorized into Below types that held the largest Atherectomy Devices market share In 2023.
Directional Atherectomy Devices
Orbital Atherectomy Devices
Rotational Atherectomy Devices
Laser Atherectomy Devices
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Atherectomy Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Atherectomy Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Atherectomy Devices Market, By Type
6. North America Atherectomy Devices Market, By Application
7. North America Atherectomy Devices Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Atherectomy Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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