China Atherectomy Devices Market Size & Outlook, 2019-2026
China atherectomy devices market, 2015-2026 (US$M)
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China atherectomy devices market highlights
- The China atherectomy devices market generated a revenue of USD 12.2 million in 2019 and is expected to reach USD 23.3 million by 2026.
- The China market is expected to grow at a CAGR of 9.7% 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.
Atherectomy devices market data book summary
| Market revenue in 2019 | USD 12.2 million |
| Market revenue in 2026 | USD 23.3 million |
| Growth rate | 9.7% (CAGR from 2019 to 2026) |
| Largest segment | Directional atherectomy |
| Fastest growing segment | Laser atherectomy |
| Historical data | 2015 - 2018 |
| Base year | 2019 |
| Forecast period | 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, China accounted for 2.0% 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 Asia Pacific, Japan atherectomy devices market is projected to lead the regional market in terms of revenue in 2026.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 23.3 million by 2026.
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Atherectomy Devices Market Scope
Atherectomy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 36.89% in 2019. Horizon Databook has segmented the China 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.
China has high prevalence of PAD due to high rates of smoking and hypertension. More than 30% hypertension patients are suffering from PAD as a comorbidity. Moreover, the prevalence is surprisingly found to be higher in females than males.
Even though the diseases exist, major share of the patients are undiagnosed and are asymptomatic. This number is as high as 40% of the target population. The key risk factors for cardiovascular diseases include smoking, diabetes, obesity, and metabolic syndromes.
The Global Adult Tobacco Survey (GATS) 2010 showed 52.9% men smoke tobacco, while 7 to 10 adults are exposed to passive smoking. There was also a noticeable increase in smoking in the younger generation and female population.
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Horizon Databook provides a detailed overview of country-level data and insights on the China atherectomy devices market, including forecasts for subscribers. This country databook contains high-level insights into China atherectomy devices market from 2015 to 2026, including revenue numbers, major trends, and company profiles.
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China atherectomy device market size, by type, 2015-2026 (US$M)
China Atherectomy Devices Market Share, 2019 & 2026 (US$M)
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