Canada Atherectomy Devices Market Size & Outlook, 2019-2026

The atherectomy devices market in Canada is expected to reach a projected revenue of US$ 35.8 million by 2026. A compound annual growth rate of 6.5% is expected of Canada atherectomy devices market from 2020 to 2026.
Revenue, 2019 (US$M)
$23.0
Forecast, 2026 (US$M)
$35.8
CAGR, 2020 - 2026
6.5%
Report Coverage
Canada

Canada atherectomy devices market highlights

  • The Canada atherectomy devices market generated a revenue of USD 23.0 million in 2019 and is expected to reach USD 35.8 million by 2026.
  • The Canada market is expected to grow at a CAGR of 6.5% from 2020 to 2026.
  • In terms of segment, directional atherectomy was the largest revenue generating type in 2019.
  • Rotational atherectomy is the most lucrative type segment registering the fastest growth during the forecast period.


Atherectomy devices market data book summary

Market revenue in 2019USD 23.0 million
Market revenue in 2026USD 35.8 million
Growth rate6.5% (CAGR from 2019 to 2026)
Largest segmentDirectional atherectomy
Fastest growing segmentRotational atherectomy
Historical data2015 - 2018
Base year2019
Forecast period2020 - 2026
Quantitative unitsRevenue in USD million
Market segmentationDirectional atherectomy, Rotational atherectomy, Orbital atherectomy, Laser atherectomy
Key market players worldwideBoston 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, Canada accounted for 3.9% of the global atherectomy devices market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2026.
  • In North America, U.S. atherectomy devices market is projected to lead the regional market in terms of revenue in 2026.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 667.8 million by 2026.

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Atherectomy Devices Market Companies

Name Profile # Employees HQ Website

Canada 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 36.96% in 2019. Horizon Databook has segmented the Canada 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.


Canada has many extensive programs for interventional surgeries, which brings together universities & hospitals and individual healthcare practitioners to provide better treatment. For instance, St. Michael’s Hospital Interventional Cardiology Program is widely recognized in Canada.

Atherectomy devices are considered as Class IV medical devices, as the categorization was changed by Health Canada in 2000. This was to provide clarity to manufacturers in verifying the class of the medical devices in order to facilitate filing for approvals. Peripheral atherectomy is coded as 74MCW by Health Canada.

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada atherectomy devices market, including forecasts for subscribers. This country databook contains high-level insights into Canada atherectomy devices market from 2015 to 2026, including revenue numbers, major trends, and company profiles.

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Canada atherectomy device market size, by type, 2015-2026 (US$M)

Canada Atherectomy Devices Market Share, 2019 & 2026 (US$M)

Canada atherectomy device market size, by type, 2015-2026 (US$M)

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