Atherectomy devices are medical tools used to remove plaque and other blockages from arteries. They are used to treat peripheral artery disease (PAD), which is a condition that occurs when the arteries become narrowed due to a buildup of fatty deposits called plaque. Atherectomy devices are used when other treatments, such as medication and lifestyle changes, have been unsuccessful in improving the patient’s condition.
Atherectomy devices are typically used in combination with other treatments, such as stenting or angioplasty. The procedure begins with the insertion of a small catheter into the artery, which is then connected to a device that uses a special cutting blade to remove the plaque and blockages. The device is then slowly withdrawn, taking the blockages with it.
The most common type of atherectomy device is the directional atherectomy, which uses a rotating blade to remove plaque. This type of device is often used in combination with other treatments such as stenting or angioplasty. Another type of atherectomy device is the rotational atherectomy, which uses a rotating burr that grinds away the plaque.
Atherectomy devices are considered safe and effective and can be used in both the legs and arms. The procedure is usually performed under local anesthesia, so the patient is awake during the procedure. The risks associated with atherectomy devices include infection, bleeding, and damage to the blood vessels.
Atherectomy devices are an important tool in the treatment of PAD and can be used to improve a patient’s symptoms and quality of life. It is important to discuss the risks and benefits of the procedure with your doctor before undergoing an atherectomy.
Key Trends
Atherectomy devices technology is a type of minimally invasive procedure used to treat coronary artery disease. It involves removing plaque from the walls of the arteries by using a device that has a rotating blade or a laser. This technology has become increasingly popular over the past decade as it is a safe and effective treatment option for those suffering from coronary artery disease.
The key trends in atherectomy devices technology are the development of more advanced and precise devices, improved safety for patients, and increased use of the technology for a wider range of clinical applications.
1. Advanced and precise devices: Newer atherectomy devices are more advanced and precise, allowing for greater accuracy and consistency in the removal of plaque. This is important as it helps to minimize potential complications such as tissue damage and hemorrhage. Newer devices are also able to provide better visualization of the artery, allowing for a better understanding of the anatomy and pathology of the artery. This improved visualization can then be used to guide the device more accurately and safely.
2. Improved safety: Improved safety for patients is another key trend in atherectomy devices technology. Newer devices are designed to minimize the risk of complications such as tissue damage, bleeding, and infection. For example, some devices are designed with a closed-loop system, which allows for more precise control of the device and better monitoring of the procedure. Additionally, newer devices are designed to reduce the risk of device embolization, which can lead to serious complications.
3. Increased use: The increased use of atherectomy devices technology is also a key trend. Newer devices are being used for a wider range of clinical applications, such as the treatment of peripheral artery disease, carotid artery disease, and stroke. Additionally, newer devices are being used for more complex procedures, such as the treatment of calcified plaques and fragile or thin-walled arteries.
Overall, the key trends in atherectomy devices technology are the development of more advanced and precise devices, improved safety for patients, and increased use of the technology for a wider range of clinical applications. These trends are allowing for more effective and safe treatments for those suffering from coronary artery disease.
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Key Drivers
Atherectomy devices are used to treat peripheral artery disease (PAD) and coronary artery disease (CAD). The global atherectomy devices market is expected to grow at a CAGR of 7.9 % during the forecast period (2020-2025).
The key drivers of the atherectomy devices market are increasing prevalence of cardiovascular diseases (CVDs), rising geriatric population, technological advancements, and increasing awareness about atherectomy devices.
1.Increasing prevalence of cardiovascular diseases (CVDs): Cardiovascular diseases (CVDs) are the leading cause of death globally. According to the World Health Organization (WHO), CVDs accounted for 17.9 million deaths in 2016, which is 31% of all global deaths. The prevalence of CVDs has been increasing due to the increasing prevalence of risk factors, such as smoking, obesity, physical inactivity, and unhealthy diets. Atherectomy devices are used to treat CVDs, and thus, the increasing prevalence of CVDs is driving the growth of the atherectomy devices market.
2.Rising geriatric population: The rise in the geriatric population is another key driver of the atherectomy devices market. According to the WHO, the geriatric population is expected to reach 1.5 billion by 2050. The elderly population is more likely to suffer from CVDs due to the presence of risk factors, such as hypertension, diabetes, and hyperlipidemia. The rising geriatric population is expected to increase the demand for atherectomy devices.
3.Technological advancements: The atherectomy devices market is driven by the technological advancements in the field of atherectomy devices. The manufacturers of atherectomy devices are continuously developing new devices with enhanced features and improved efficiency. For instance, in March 2019, Boston Scientific Corporation launched the VISIONFX atherectomy system, which is a device that enables physicians to perform atherectomy procedures with improved precision and efficiency.
4.Increasing awareness about atherectomy devices: The increasing awareness about atherectomy devices among patients and physicians is also driving the growth of the atherectomy devices market. The rise in awareness about the benefits of atherectomy devices, such as improved precision and efficiency, is encouraging more patients to opt for atherectomy procedures. This is expected to increase the demand for atherectomy devices.
In conclusion, the key drivers of the atherectomy devices market are increasing prevalence of cardiovascular diseases (CVDs), rising geriatric population, technological advancements, and increasing awareness about atherectomy devices. These factors are expected to drive the growth of the atherectomy devices market during the forecast period.
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Restraints & Challenges
Atherectomy devices are minimally-invasive medical devices used to remove plaque and calcium from the walls of blood vessels, in order to improve blood flow. The overall market for atherectomy devices is driven by the increasing prevalence of cardiovascular diseases such as coronary artery disease, peripheral artery disease, and stroke. However, the market is also faced with several restraints and challenges.
One of the major challenges in the atherectomy devices market is the high cost of these devices. The cost of these devices can be prohibitive for certain hospitals and healthcare systems, especially in developing countries. Furthermore, the cost of the procedure itself is relatively high, as it requires specialized medical personnel and equipment. This limits the accessibility of the procedure to certain patient populations, and reduces the overall market size.
Another challenge facing the atherectomy devices market is the risk of complications associated with the procedure. The procedure is invasive, and carries with it a risk of bleeding, infection, and vessel damage. Furthermore, the risk of embolism is also present, and can lead to serious complications if not managed properly. This adds to the cost of the procedure, and can limit the overall market size.
Furthermore, there is a lack of awareness among physicians and patients about the benefits of atherectomy. This lack of awareness has led to a low adoption rate of atherectomy devices, further limiting the overall market size.
Finally, the availability of alternative treatments such as angioplasty and stenting also limits the growth of the atherectomy devices market. Angioplasty and stenting are less invasive, and can provide similar results with less risk of complications. This has led to a lower adoption rate of atherectomy devices, due to their higher cost and risk of complications.
In conclusion, the atherectomy devices market is faced with several restraints and challenges, such as the high cost of the devices and procedure, the risk of complications, the lack of awareness, and the availability of alternative treatments. These factors limit the overall market size, and will need to be addressed in order for the market to grow in the future.
Market Segmentation
The market can be segmented by product, application, end-user, and region. By Product, the market can be divided into Directional, Rotational, Laser, and Orbital. By Application, the market can be divided into Peripheral, Cardiovascular, and Neurovascular. By End-User, the market can be divided into Hospitals, Surgical Centers, ASCs, Research Laboratories, and Academic Institutes. By Region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The market includes players such as Boston Scientific Corporation (US), Cardiovascular Systems, Inc. (US), Medtronic (US), Avinger (US), Koninklijke Philips N.V(NL), BD (Becton, Dickinson and Company (US), Abbott (US), Cordis (US), and Terumo Medical Corporation (JP).
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