Atherectomy Devices - Global Market Outlook (2016-2022)
According to Stratistics MRC, the Global Atherectomy Devices market is accounted for $496.54 million in 2016 and is expected to reach $812.35 million by 2022 growing at a CAGR of 8.6% during the forecast period 2016 to 2022. High prevalence of Peripheral Artery Disease (PAD) across the globe is creating opportunities in the present market scenario. The market is presently consumed by demand for Minimally Invasive Surgeries (MIS). The lesser consequences of traumas across patients and quicker recovery than other procedures are acting as drivers for the market of Atherectomy Devices.
Rotational Atherectomy device segment is expected to dominate the market over the forecast period. Favorable reimbursement scenario is attributing the market towards growth. North America market is expected to dominate the regional segment on account of high number of approved FDA devices and suitable reimbursement scenario. Moreover, Asia Pacific is expected to grow at highest CAGR, prevailing to socio-economic changes and growing number of geriatric population.
Some of the key players of the Atherectomy Devices market include Abbott Laboratories, Avinger Inc., Bayer AG, Boston Scientific Corporation, C. R. Bard, Inc., Cardinal Health (Cordis), Cardiovascular Systems Inc., Cordis Corporation (Subsidiary of J&J), Covidien, Medtronic plc., Spectranetics, ST. Jude Medical, Straub Medical AG, Terumo Medical Corporation and Volcano Corporation
Regions Covered: North America US Canada Mexico Europe Germany France Italy UK Spain Rest of Europe Asia Pacific Japan China India Australia New Zealand Rest of APAC Rest of the World Middle East Brazil Argentina South Africa Egypt
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements