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There is increasing demand for minimally invasive surgery among the rapidly increasing aging population across the world, and this is expected to propel the growth of the Global Atherectomy Devices market. Minimally invasive endovascular procedures are performed through minute incisions in the body. Such procedures can be used to treat plaque blockages in the arteries of the heart and other vessel walls of peripheral organs such as the kidneys and the brain. The principal advantages of these procedures over conventional surgical methods are short recovery time, short length of the scars resulting in less physical trauma, low risk of infection, minimized bleeding, low cost, and shorter hospital stays.
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According to the report, one of the key drivers in this market is the significant increase in the prevalence of diseases such as AAAs and PADs. Moreover, the increase in the aging population, lifestyle changes, and unhealthy habits in addition to the presence of genetic and co-morbid influences among patients have resulted in high incidence of acute PVD across the globe.
Further, the report states that one of the major challenges in the market is the lack of awareness about PVDs among patients. This is mainly due to the asymptomatic nature of vascular diseases, where patients are unaware of their immediate symptoms.
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A more specific breakdown of this report's contents is below.
Overview of market share and landscape for the following key geographies:
Overview and impact analysis of:
- 4 Market Drivers
- 3 Market Challenges
- 4 Market Trends
Market Shares and SWOT Analysis for these vendors:
- Covidien plc
- Cardiovascular Systems Inc.
- Spectranetics Corp.
- Bayer AG
- Five Force Model Impact Analysis of:
- New entrants
- Market competition
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