The atherectomy devices market is projected to foresee commendable growth in coming years due to growing consumer awareness, surging use of atherectomy devices in coronary artery disease treatment, and increasing demand for rotational atherectomy devices across hospital settings. Atherectomy is known as a procedure which is done to get rid of atherosclerotic plaque buildup from diseased arteries.

Atherectomy has in fact been used efficiently in treatment of both peripheral as well as coronary arterial disease. There are various types of devices that can be utilized in this process depending on the patient problem and the preference of the surgeon. Besides, these devices are designed in a very different manner either to shave, vaporize, sand or cut the plaques and have numerous indications as well.

The market for atherectomy devices is bifurcated into several segments in terms of product, application, end-use, and regional landscape.

With respect to product, the market for atherectomy devices is categorized into rotational atherectomy devices, laser atherectomy devices, orbital atherectomy devices, and directional atherectomy devices. Among these, the rotational atherectomy devices segment was valued at more than $90 million in 2020. The segment is expected to grow at a CAGR of 11.4% through the slated timeframe owing to the control and ease in removal of lesions.

The rotational atherectomy device comprises of a long catheter along with a burr usually oval in shape that is coated with microscopic diamond rooted surface tip. The burr generally comes in numerous sizes and is used according to the doctor judgment. The technique of rotational atherectomy is mainly advocated for heavily calcified, eccentric as well as inelastic coronary lesions.

Based on application, the market is divided into coronary applications and peripheral vascular applications. In 2020, the coronary applications segment was valued at more than $114 million and is projected to witness 12% market growth over the forthcoming time period. This projected growth is ascribed to the surging use of atherectomy devices in coronary artery diseases.

In terms of end-use, the atherectomy devices market is segmented into ambulatory surgical centers and hospitals. Hospitals segment was valued at approximately $380 million in 2020 and is likely to witness a market growth of more than 9.3% over the forecast time frame. The increasing patient inflow will add up to the growth of this segment.

From a regional frame of reference, atherectomy devices market in MEA was valued at more than $9.0 million in 2020. The region is further anticipated to record more than 10.9% market growth over the coming years. The growth is majorly ascribed to the growing awareness concerning atherectomy devices across the countries in the region.