What is Orbital Atherectomy Device Market?
The orbital atherectomy device (OAD) is a hand-held, over-the-wire device that includes a sheath-covered drive shaft and a diamond-coated crown. This device s designed to track and rotate only over the CSI VIPERWIRE Advance Coronary Guide Wire. The factors such as the Increasing Number of Research Activities in the Field of Atherectomy and Increasing Healthcare Expenditure Across Emerging Markets are driving the global orbital atherectomy device market.
The market study is being classified by Type (Peripheral Vascular, Cardiovascular and Neurovascular), by Application (Hospitals & Surgical Centers, Ambulatory Care Centers and Research Laboratories & Academic Institutes) and major geographies with country level break-up.
Spectranetics Corporation (United States), Volcano Corporation (United States), Medtronic (Ireland), Philips (Netherlands), Boston Scientific (United States), Cardiovascular Systems (United States), Straub Medical (Switzerland), BIOTRONIK (Netherlands), C.R. Bard (United States) and Avinger (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cardinal Health, Inc. (United States) and St. Jude Medical, Inc. (United States).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Orbital Atherectomy Device market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Orbital Atherectomy Device market by Type, Application and Region.
On the basis of geography, the market of Orbital Atherectomy Device has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Minimally Invasive Surgical Procedures
- Strengthening Distribution Channels of Major Product Manufacturers
- Growing Target Patient Population
- Continuous Product Development and Commercialization
- Limited Patient Awareness Related to Disease Diagnosis
- Stringent Regulatory Scenario
- Increasing Number of Research Activities in the Field of Atherectomy
- Increasing Healthcare Expenditure Across Emerging Markets
- Dearth of Skilled and Well-Trained Surgeons
Key Target AudienceOrbital Atherectomy Device Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
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