Atherectomy and Intravascular Lithotripsy (IVL) Devices Market:...

Atherectomy and Intravascular Lithotripsy (IVL) Devices Market: Trends, Forecast, and Competitive Landscape 2024 –2031

Posted 2025-02-10 20:52:16

The Atherectomy and Intravascular Lithotripsy (IVL) Devices Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2031. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

Brief Overview of the Atherectomy and Intravascular Lithotripsy (IVL) Devices Market:

The global Atherectomy and Intravascular Lithotripsy (IVL) Devices Market is expected to experience substantial growth between 2024 and 2031. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.

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Which are the top companies operating in the Atherectomy and Intravascular Lithotripsy (IVL) Devices Market?

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Atherectomy and Intravascular Lithotripsy (IVL) Devices Market report provides the information of the Top Companies in Atherectomy and Intravascular Lithotripsy (IVL) Devices Market in the market their business strategy, financial situation etc.

Straub Medical AG (Switzerland), Biotronik (Germany), C.R. Bard, Inc. (U.S.), Avinger (U.S.), Medtronic (Ireland), Koninklijke Philips N.V. (Netherlands), Boston Scientific Corporation (U.S.), Cardiovascular Systems (U.S.), EDAP TMS (France), Olympus Corporation (Japan), Dornier MedTech (Germany), Becton Dickinson and Company (U.S.), Storz Medical AG (Germany), DirexGroup (Germany), Elmed Medical Systems (Turkey), Siemens Healthineers AG (Germany)

Report Scope and Market Segmentation

Which are the driving factors of the Atherectomy and Intravascular Lithotripsy (IVL) Devices Market?

The driving factors of the Atherectomy and Intravascular Lithotripsy (IVL) Devices Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Atherectomy and Intravascular Lithotripsy (IVL) Devices Market - Competitive and Segmentation Analysis:

**Segments**

- **Product Type**: The atherectomy devices segment is expected to dominate the market during the forecast period due to the rising prevalence of cardiovascular diseases and the demand for minimally invasive procedures. Intravascular lithotripsy (IVL) devices are also gaining traction, especially for the treatment of heavily calcified lesions.

- **Application**: On the basis of application, the coronary segment is anticipated to witness significant growth owing to the increasing cases of coronary artery diseases globally. The peripheral segment is also projected to show considerable growth due to the rising prevalence of peripheral artery diseases.

- **End User**: Hospitals and specialty clinics are expected to be the major end users in the atherectomy and IVL devices market. The increasing number of hospitals and the preference for minimally invasive treatments are driving the growth in these segments.

**Market Players**

- Boston Scientific Corporation
- Medtronic
- Cardiovascular Systems, Inc.
- Philips
- Shockwave Medical, Inc.
- BIOTRONIK
- SysMed (a subsidiary of OrbusNeich Medical Company Limited)
- Avinger, Inc.
- Ra Medical Systems
- Straub Medical AG
- Terumo Corporation

The global atherectomy and intravascular lithotripsy (IVL) devices market is set to witness substantial growth during the forecast period of 2021 to 2031. Factors such as the increasing prevalence of cardiovascular diseases, technological advancements in atherectomy and IVL devices, and a growing preference for minimally invasive procedures are driving the market growth. The atherectomy devices segment is expected to dominate the market, propelled by the rising demand for minimally invasive treatments and the need for effective plaque removal in arteries. Additionally, the intravascular lithotripsy (IVL) devices segment is gaining momentum, particularly for the treatment of heavily calcified lesions that are challenging to address with traditional methods.

In terms of applications, the coronary segment is projected to experienceThe atherectomy and IVL devices market is witnessing significant growth driven by several key factors. One of the primary growth drivers is the increasing prevalence of cardiovascular diseases worldwide. Cardiovascular diseases, including coronary artery diseases and peripheral artery diseases, continue to be leading causes of morbidity and mortality globally. As a result, there is a growing demand for advanced medical devices and procedures to effectively treat these conditions. Atherectomy and IVL devices offer minimally invasive treatment options that can help improve patient outcomes while reducing the risks associated with traditional open surgeries.

Technological advancements in atherectomy and IVL devices are also contributing to market growth. Manufacturers are constantly innovating and developing new devices with improved efficacy, precision, and safety profiles. For example, the development of advanced catheter-based technologies and imaging systems has enabled healthcare providers to perform complex interventions with greater accuracy and success rates. These technological advancements are increasing the adoption of atherectomy and IVL devices among healthcare providers and driving market expansion.

Another key driver of market growth is the increasing trend towards minimally invasive procedures. Minimally invasive interventions offer several advantages over traditional open surgeries, including shorter recovery times, reduced healthcare costs, and lower risks of complications. Patients are increasingly opting for minimally invasive treatments, leading to a growing demand for atherectomy and IVL devices in various healthcare settings. Hospitals and specialty clinics are expected to be the major end users of these devices, owing to their expertise in cardiovascular interventions and the availability of advanced medical infrastructure.

Moreover, the rising focus on preventive healthcare and early diagnosis of cardiovascular diseases is expected to further fuel market growth. Governments and healthcare organizations worldwide are implementing initiatives to raise awareness about cardiovascular health, promote regular screenings, and encourage the adoption of healthy lifestyle practices. These efforts are expected to drive the early detection of cardiovascular diseases and increase the demand for advanced treatment options such as atherectomy and IVL devices.

In conclusion, the global atherectomy and IVL devices market is poised for significant growth in**Market Players:**
- Straub Medical AG (Switzerland)
- Biotronik (Germany)
- C.R. Bard, Inc. (U.S.)
- Avinger (U.S.)
- Medtronic (Ireland)
- Koninklijke Philips N.V. (Netherlands)
- Boston Scientific Corporation (U.S.)
- Cardiovascular Systems (U.S.)
- EDAP TMS (France)
- Olympus Corporation (Japan)
- Dornier MedTech (Germany)
- Becton Dickinson and Company (U.S.)
- Storz Medical AG (Germany)
- DirexGroup (Germany)
- Elmed Medical Systems (Turkey)
- Siemens Healthineers AG (Germany)

The global atherectomy and intravascular lithotripsy (IVL) devices market is experiencing significant growth driven by various factors. The market players listed above are key contributors to this growth, with their innovative technologies, strong market presence, and strategic initiatives. These companies play a crucial role in advancing the atherectomy and IVL devices market by developing cutting-edge devices that cater to the evolving needs of healthcare providers and patients.

One of the primary factors fueling market growth is the increasing prevalence of cardiovascular diseases worldwide. Cardiovascular diseases remain a major health concern globally, leading to a growing demand for advanced medical devices and procedures to address these conditions effectively. Atherectomy and IVL devices offer minimally invasive treatment options that are becoming increasingly popular among healthcare providers and patients due

North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Atherectomy and Intravascular Lithotripsy (IVL) Devices Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.

Similarly, Europe plays a crucial role in the global Atherectomy and Intravascular Lithotripsy (IVL) Devices Market, expected to exhibit impressive growth in CAGR from 2024 to 2031.

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Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the Atherectomy and Intravascular Lithotripsy (IVL) Devices Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated Atherectomy and Intravascular Lithotripsy (IVL) Devices Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the Atherectomy and Intravascular Lithotripsy (IVL) Devices Market

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters

The countries covered in the Atherectomy and Intravascular Lithotripsy (IVL) Devices Market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa

Detailed TOC of Atherectomy and Intravascular Lithotripsy (IVL) Devices Market Insights and Forecast to 2031

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Atherectomy and Intravascular Lithotripsy (IVL) Devices Market Landscape

Part 05: Pipeline Analysis

Part 06: Atherectomy and Intravascular Lithotripsy (IVL) Devices Market Sizing

Part 07: Five Forces Analysis

Part 08: Atherectomy and Intravascular Lithotripsy (IVL) Devices Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Atherectomy and Intravascular Lithotripsy (IVL) Devices Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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