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Pulished Date April, 2021
ID: 6728
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Europe Atherectomy Devices Market Research Report - Segmented By Type, Application, End User & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 6728
Pages: 145

Europe Atherectomy Devices Market Size (2021 to 2026)

As per the research report, the Europe Atherectomy Devices Market size was worth USD 88.60 million in 2021 and estimated to be growing at a CAGR of 6.75% to reach USD 122.82 million by 2026.

The increasing prevalence of chronic diseases among the people, such as peripheral artery ailments, cardiovascular diseases, cerebrovascular diseases, and other diseases, are majorly driving the Atherectomy devices market in Europe. Also, sedentary lifestyles, unhealthy eating, and drinking habits are contributing to the market growth. 

The growing geriatric population is significantly contributing to the Atherectomy devices market. In addition, as the senior population is more prone to various chronic diseases, thereby increases the demand for Atherectomy devices. In addition, the technological advancements in developing new advanced devices and products, the rising initiatives for the development of the device, and healthcare devices are fuelling the market growth. 

Moreover, increasing awareness about the atherectomy devices among the people as these procedures help remove plaque from blood vessels. Furthermore, boosting investment and funding from government and non-government in research and development activities for new innovative devices and procedures is propelling atherectomy devices' market growth. The preferences towards minimally invasive surgical procedures increase rapidly due to benefits such as faster recovery rates, lesser pain, and high accuracy rates.

However, an increase in the costs of installation and maintenance of the devices with some complications and issues related to atherectomy devices, risk of forming an embolus (blockage) from the dislodged debris is restraining the market's growth. In addition, the lack of skilled and trained professionals for operating and monitoring the devices and the stringent government rules and regulations make the entry of the product difficult due to strict approval processes for approving devices and services, which slows down the growth of atherectomy devices in the European market.

This research report on the European atherectomy devices market has been segmented and sub-segmented into the following categories:

By Type: 

  • Directional
  • Rotational
  • Orbital
  • Lateral

By Application: 

  • Peripheral
  • Cardiovascular
  • Neurovascular

By End User: 

  • Hospitals
  • Surgical Centers
  • Research Laboratories
  • Academic Institutes

By Country: 

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

The Europe Atherectomy Devices Market is expected to show a significant growth rate in the forecast period due to increased healthcare expenditure and the growing importance of medical technology research. The market growth is further expected to be driven by the increasing population, with the rising geriatric population is increasing the demand for atherectomy devices in the market. Also, an increase in chronic diseases such as peripheral diseases, neurovascular diseases, cardiovascular diseases, and other diseases are driving the market growth. The growth contributors in the region are Germany, UK, France, Italy, and Spain are expanding the European regional market growth.

Germany accounted for the largest share of the European atherectomy devices market and anticipated to record a prominent share during the forecast period. The market growth is driven by increased government initiatives for developing advanced medical and healthcare infrastructure, research and development activities, and the prevalence of chronic diseases.

On the other hand, emerging countries such as UK and France are expected to register a considerable share owing to the growing focus towards advancements in the technology for developing advanced and effective devices with the increase in proper and favorable reimbursement policies. Also, growing awareness about the benefits of atherectomy devices among people is increasing the market growth.

KEY MARKET PLAYERS:

A few of the noteworthy companies operating in the European atherectomy devices market profiled in this report are Bayer HealthCare, C. R. Bard, Inc., Cardinal Health (Cordis), Avinger, Inc., Boston Scientific Corporation, Straub Medical AG, St. Jude Medical, Cardiovascular Systems, Inc., and Spectranetics.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Directional               

                                5.1.3 Rotational

                                5.1.4 Orbital       

                                5.1.5 Lateral       

                                5.1.5  Y-o-Y Growth Analysis, By Type    

                                5.1.6  Market Attractiveness Analysis, By Type  

                                5.1.7  Market Share Analysis, By Type    

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Peripheral               

                                5.2.3 Cardiovascular       

                                5.2.4 Neurovascular       

                                5.2.5  Y-o-Y Growth Analysis, By Application        

                                5.2.6  Market Attractiveness Analysis, By Application      

                                5.2.7  Market Share Analysis, By Application       

                5.3 End User                      

                                5.3.1 Introduction           

                                5.3.2 Hospitals  

                                5.3.3 Surgical Centers    

                                5.3.4 Research Laboratories       

                                5.3.5 Academic Institutes            

                                5.3.6  Y-o-Y Growth Analysis, By End User            

                                5.3.7  Market Attractiveness Analysis, By End User          

                                5.3.8  Market Share Analysis, By End User            

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Application

                                                6.1.3.4 By End User

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Application

                                                6.1.4.4 By End User

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Application

                                                6.1.5.4 By End User

                6.2 U.K                 

                6.3 Spain                             

                6.4 Germany                     

                6.5 Italy                               

                6.6 France                          

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Bayer HealthCare                     

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 C. R. Bard, Inc.                           

                8.3 Cardinal Health (Cordis)                        

                8.4 Boston Scientific Corporation                             

                8.5 Straub Medical AG                  

                8.6 St. Jude Medical                       

                8.7 Spectranetics                             

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of by type, by Region along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

                                                                                                                          

  1. Europe Atherectomy Devices Market, By Type, From 2021 to 2026 (USD Million)
  2. Europe Directional Market, By Region, From 2021 to 2026 (USD Million)
  3. Europe Rotational Market, By Region, From 2021 to 2026 (USD Million)
  4. Europe Orbital Market, By Region, From 2021 to 2026 (USD Million)
  5. Europe Lateral Market, By Region, From 2021 to 2026 (USD Million)
  6. U.K. Atherectomy Devices Market, By Type, From 2021 to 2026 (USD Million)
  7. Germany Atherectomy Devices Market, By Type, From 2021 to 2026 (USD Million)
  8. France Atherectomy Devices Market, By Type, From 2021 to 2026 (USD Million)
  9. Italy Atherectomy Devices Market, By Type, From 2021 to 2026 (USD Million)
  10. Spain Atherectomy Devices Market, By Type, From 2021 to 2026 (USD Million)

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