Europe Atherectomy Devices Market Size & Outlook, 2019-2026
Europe atherectomy devices market, 2015-2026 (US$M)
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Europe atherectomy devices market highlights
- The Europe atherectomy devices market generated a revenue of USD 93.2 million in 2019.
- The market is expected to grow at a CAGR of 7.6% 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, Germany is expected to register the highest CAGR from 2020 to 2026.
Europe data book summary
| Market revenue in 2019 | USD 93.2 million |
| Market revenue in 2026 | USD 155.7 million |
| Growth rate | 7.6% (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, Europe region accounted for 15.6% 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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Europe 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 37.12% in 2019. Horizon Databook has segmented the Europe 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.
Europe has a significant burden of PAD with 40.5 million cases in 2010. The mortality due to PAD is thrice the age-matched population. It also results in less severe complications, such as amputations, acute pain, nonfatal cardiovascular events, and huge economic burden. It highly impacts the quality of life and hampers the productivity of the population.
The organization works toward improving the cardiovascular health conditions in the region. In March 2014, they organized PAD and Vascular European Days with the motto “No More Vascular Amputations.” Such initiatives are expected to boost the awareness levels about PAD and, in turn, positively impact the demand for atherectomy.
The regulatory system is also cooperating in order to cater to the growing demand for atherectomy devices in the region. In October 2016, Ra Medical Systems, Inc. received CE mark for DABRA atherectomy system. This allowed to company to distribute their products in all European countries and other countries where CE mark is recognized.
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Our clientele includes a mix of atherectomy devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe atherectomy devices market, including forecasts for subscribers. This continent databook contains high-level insights into Europe atherectomy devices market from 2015 to 2026, including revenue numbers, major trends, and company profiles.
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Europe atherectomy device market size, by country, 2015-2026 (US$M)
Europe Atherectomy Devices Market Share, 2019 & 2026 (US$M)
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