Asia Pacific Atherectomy Devices Market Size & Outlook
Asia Pacific atherectomy devices market, 2015-2026 (US$M)
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Asia Pacific atherectomy devices market highlights
- The Asia Pacific atherectomy devices market generated a revenue of USD 47.3 million in 2019.
- The market is expected to grow at a CAGR of 9.3% from 2020 to 2026.
- In terms of segment, directional atherectomy was the largest revenue generating type in 2019.
- Laser atherectomy is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2020 to 2026.
Asia Pacific data book summary
| Market revenue in 2019 | USD 47.3 million |
| Market revenue in 2026 | USD 88.5 million |
| Growth rate | 9.3% (CAGR from 2019 to 2026) |
| Largest segment | Directional atherectomy |
| Fastest growing segment | Laser atherectomy |
| Historical data covered | 2015 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2026 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Directional atherectomy, Rotational atherectomy, Orbital atherectomy, Laser atherectomy |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Koninklijke Philips NV, BD, Abbott Laboratories, Avinger Inc, Cardiovascular Systems, Cardinal Health Inc, Terumo Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 7.9% of the global atherectomy devices market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2026.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 88.5 million by 2026.
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Atherectomy Devices Market Scope
Atherectomy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific atherectomy devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to atherectomy devices market will help companies and investors design strategic landscapes.
Directional atherectomy was the largest segment with a revenue share of 37% in 2019. Horizon Databook has segmented the Asia Pacific atherectomy devices market based on directional atherectomy, rotational atherectomy, orbital atherectomy, laser atherectomy covering the revenue growth of each sub-segment from 2015 to 2026.
Improving economic conditions are responsible for increasing prevalence of lifestyle diseases, especially cardiovascular. India has almost 7% population suffering from coronary heart disease, which sums up to a huge patient pool of 30 million.
Factors like socioeconomic changes, unhealthy diet, smoking & alcohol consumption, and aging population result in increased target diseases. Around 97 million people were affected by PAD in 2015 in the region.
This number is estimated to reach 111 million by 2019. This indicates the huge scope for atherectomy devices in the region. The huge patient pool makes this region an attractive option for industry players to commercialize their products.
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Target buyers of Asia Pacific atherectomy devices market databook
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Our clientele includes a mix of atherectomy devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific atherectomy devices market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific atherectomy devices market from 2015 to 2026, including revenue numbers, major trends, and company profiles.
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Asia Pacific atherectomy device market size, by country, 2015-2026 (US$M)
Asia Pacific Atherectomy Devices Market Share, 2019 & 2026 (US$M)
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