Global Plaque Modification Devices Market 2018-2022

Technavio’s market research analysts have predicted that the plaque modification devices market will register a CAGR greater than 8% by 2022. This industry research report presents a comprehensive analysis of the global plaque modification devices market by product (thrombectomy devices, atherectomy devices, CTO devices, and EPD) and end-user (hospitals, ACC, and others). The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.

Global plaque modification devices Industry Overview

Technavio’s analysts have identified the rising incidence of CADs to be one of major factors driving market growth. Among heart diseases such as CAD, rheumatic heart diseases, and strokes, Cardiovascular diseases (CVDs) are among the top five causes of deaths in all age groups globally and have the highest prevalence. With the recent advances in cardiovascular care, the atherectomy devices market is witnessing the emergence of minimal-invasive interventional techniques using plaque modification devices. Coronary CTO is caused by a heavy build-up of atherosclerotic plaque within the artery. Factors such as history of heart attack, congenital history, high cholesterol, postmenopausal status in women, obesity, and diabetes, are few of the causes of CTO and CADs. This increases the need for patients suffering from CAD to receive preliminary care before reaching advanced state.

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Companies covered

The plaque modification devices market is moderately populated fragmented owing to the presence of numerous companies offering different plaque modification devices to end-users such as hospitals, ambulatory care centers (ACC), and others. By offering a competitive analysis of the marketspace with numerous vendors offering diverse products and implementing competitive strategies, this plaque modification devices industry analysis report will aid clients identify new growth opportunities and design new growth strategies.   

The report offers a complete analysis of a number of companies including:

• B. Braun Melsungen
• BD
• Boston Scientific
• Cardinal Health
• Medtronic

Plaque modification devices market growth based on end-user

• Hospitals
• Ambulatory care centers (ACC)

According to our market research experts, the hospitals end-user segment will be the primary end-user of the atherectomy devices market throughout the forecast period. With the growing incidence of cardiovascular diseases globally, the number of patients visiting hospitals for treatments. The rising healthcare expenditure are driving the improvement of healthcare facilities globally.  

Plaque modification devices market growth based on products

• Thrombectomy devices
• Atherectomy devices
• CTO devices
• EPD

According to our market research experts, the thrombectomy devices product segment will account for major shares of the atherectomy devices market throughout the forecast period. The easy availability of these devices drives the growth of the market segment of these products in the plaque modification devices market.

Key highlights of the global plaque modification devices market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the plaque modification devices market during the next five years
• Precise estimation of the global plaque modification devices market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the plaque modification devices industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of plaque modification devices companies

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global plaque modification devices market and its stakeholders over the forecast years.

The global plaque modification devices market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the plaque modification devices market over the coming years are the CAD Market in India and the Global Vascular Imaging Market.

Technavio’s collection of market research reports offer insights into the growth of markets across various industries. Additionally, we also provide customized reports based on the specific requirement of our clients.