The global Atherectomy Devices market will reach US$ 1,546.1 Mn by 2026 – says PMR, a well-known name in market research.
The current scenario is such that the North American market is projected to claim a massive share of the atherectomy devices market in the years to come due to the favorable reimbursement environment and the growing demand for minimally invasive procedures. This scenario is, by all means, favoring the Atherectomy Devices market growth. The forecast period (2022-2026) will see North America scale greater heights in the Atherectomy Devices market.
This is basically because cardiovascular diseases are the biggest global cause of mortality, accounting for nearly 18.6 million deaths in the United States in 2019 alone. This factor puts pressure on the country’s healthcare system, hence, the demand for atherectomy devices is projected to increase in the near future.
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Companies
- Medtronic Plc.
- Boston Scientific Corporation
- Cardiovascular Systems, Inc.
- Avinger, Inc.
- Koninklijke Philips N.V. (Spectranetics + Volcano)
Europe will maintain its second-place ranking and grow at a promising rate in the coming years. Furthermore, the growing elderly population, and increased contributions from countries like India, China, and Japan, are also expected to ensure the market’s robust expansion during the forecast period.
The COVID-19 pandemic did disrupt the entire economy in wake of the healthcare personnel shifting their focus on combating Covid-19. However, the scenario has improved after September 2021.
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