TechNavio recognizes the following companies as the key players in the Global Atherectomy and Thrombectomy Devices Market: Bayer AG, Boston Scientific Corp., Cardiovascular Systems Inc., Covidien plc, and Spectranetics Corp.
Commenting on the report, an analyst from TechNavio’s team said: “There is an increasing demand for minimally invasive surgery among the rapidly increasing aging population in the world, and this is expected to propel the growth of the Global Atherectomy and Thrombectomy 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 kidneys and brain. The principal advantages of these procedures, over conventional surgical methods, are the short recovery time, less physical trauma, minimal scarring, low risk of infection, minimal bleeding, low cost, and shorter hospital stays. Therefore, the increasing demand for minimally invasive surgery is expected to increase the demand for atherectomy and thrombectomy devices during the forecast period.”
According to the report, one of the key drivers in this market is the increasing prevalence of cardiovascular diseases such as AAAs and PADs. The increase in the aging population, patient lifestyle changes and unhealthy habits, and the presence of genetic influences and comorbidity among patients has resulted in a high incidence of acute PVD in the global population.
Further, the report states that one of the major challenges faced by vendors in the market is the lack of awareness about PVDs among patients. This is primarily due to the asymptomatic nature of vascular diseases, wherein patients do not realize and are unaware of the immediate symptoms.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-atherectomy-and-thrombectomy-devi…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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