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The global market for plate modification devices to see

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New York, U.S., June 21, 2022 (GLOBE NEWSWIRE) — Global Plaque Modification Devices Market to Witness Immense Growth with a CAGR of 8.09% by 2027 | DelveInsight

The global plaque modification devices market is expected to rise owing to the increase in sedentary lifestyles among the population across the globe, which is one of the major risk factors for the development of arterial plaque. Additionally, an increase in the approval and launch of plate-modifying devices is expected to further increase the adoption of these devices in the coming years.

by DelveInsight Plate Modification Devices Market Overview The report provides the current and forecast market, upcoming device innovations, individual market shares of major companies, challenges, plate modification device market drivers, barriers and trends, and leading plate modification device companies in the market.

Key Takeaways from the Plate Modification Devices Market

  • According to estimates from DelveInsight, North America is expected to dominate the global plate modification device market during the forecast period.
  • Major plate modification device companies such as Boston Scientific Corporation, Medtronic, Abbott, Shockwave Medical, Inc., Cardiovascular Systems, Inc., AngioDynamics, Inc., Avinger, REX MEDICAL, Ra Medical Systems, Koninklijke Philips NV, Becton, Dickinson and Company, Penumbra, Inc., Stryker , Microvention, Inc., Johnson & Johnson, ARGON MEDICAL., Inari Medical, Nitiloop, Soundbite Medical Solutions, Rontis Corporationand several others are currently working in the plate modification device market.
  • In September 2021, Abbott acquired Vascular Walk, LLC, a commercial-stage medical device company with a minimally invasive mechanical suction thrombectomy system designed to remove peripheral blood clots.
  • In February 2021, Shockwave Medical, Inc., a medical device company focused on the development of intravascular lithotripsy (IVL) to treat severely calcified cardiovascular disease, has received US FDA premarket approval for the company’s sonic pressure wave device to treat severely calcified coronary artery disease.
  • In January 2021, Cardiovascular Systems, Inc. has received CE Marking for the Diamondback 360® Coronary Orbital Atherectomy System.
  • Thus, due to these development activities in the market, rapid growth will be witnessed in the plate modification devices market over the forecast period.

To learn more about the latest highlights related to plate modification devices, get an overview of the major highlights involved in the Plate Modification Devices Market Report

Plate modification devices

Plaques are fatty, waxy substances such as cholesterol, cellular waste, calcium, and fibrin that deposit on the walls of the artery. These deposits can narrow the artery and reduce blood flow. Sometimes the plaques can also rupture and create a blood clot at the rupture site. Plaque-modifying devices are intended to remove plaque and other debris from the arteries, which carry blood to the heart and brain.

Plate Modification Devices Market Overview

Geographically, the global plate modification devices market is studied across North America, Europe, Asia Pacific and Rest of the World. In terms of revenue share, North America currently leads the global plate modification device market and is expected to maintain its market position over the study period. This dominance is due to the rise in cases of the target population in the region.

Moreover, increase in strategic business activities of major players having presence in the region and actively manufacturing plate modification devices to expand their market presence would also contribute to the growth of plate modification devices in the region over the past few years. coming years.

To learn more about why North America is leading the plate modification device market growth, get an overview of the Plaque Modification Devices Market Analysis

Plate Modification Devices Market Dynamics

The market for plate modification devices is now gaining momentum due to the iGrowing prevalence of lifestyle-related diseases such as diabetes and hypertension. In addition, age is an important factor in plaque growth. Moreover, the technology approval improved plaque removal devices in different parts of the world would help expand the plaque modification device market.

However, the stringent regulatory clearance process for plate modification devices and device complications and surgical procedures are expected to hamper the growth of the plaque modification devices market.

Moreover, with the outbreak of the COVID-19 pandemic, the demand for plate modification devices in the market has decreased. Indeed, many routine procedures and outpatient visits have been temporarily suspended, and global healthcare facilities have temporarily focused on managing the burden of COVID-19 patients during the initial lockdown period. However, with the approval and administration of numerous COVID-19 vaccines around the world, there has been a significant improvement in the resumption of activities in various fields, including health services, thus paving the way to a healthy payback period for plaque-modifying devices. market.

Get an Insight into Plate Modification Devices Market Dynamics @ Analysis of plaque modification devices market dynamics

Scope of the Plate Modification Devices Market Report

  • Cover: Global
  • Study period: 2019–2027
  • Market segmentation by product type: Atherectomy devices, thrombectomy devices, chronic total occlusion (CTO) devices, embolic protection devices, others
  • Market segmentation by application: Coronary heart disease, peripheral arterial disease, neurovascular disease
  • Market segmentation by end user: Hospitals, outpatient surgery centers, others
  • Market segmentation by geography: North America, Europe, Asia-Pacific and Rest of the world
  • Key plate modification devices Companies: Boston Scientific Corporation, Medtronic, Abbott, Shockwave Medical, Inc., Cardiovascular Systems, Inc., AngioDynamics, Inc., Avinger, REX MEDICAL, Ra Medical Systems, Koninklijke Philips NV, Becton, Dickinson and Company, Penumbra, Inc., Stryker , Microvention, Inc., Johnson & Johnson, ARGON MEDICAL., Inari Medical, Nitiloop, Soundbite Medical Solutions, Rontis Corporation, among others
  • Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL Viewpoints, Analyst Point of View

DelveInsight Analysis: The plate modification devices market size is expected to grow at a pace CAGR of 8.09% reach about $1.93 billion by 2027.

Which MedTech Key Players in Plate Modification Devices Market Expected to Emerge as Pioneer Explores @ Plate modification device companies

Contents

1 Presentation of the report
2 Summary
3 Regulatory analysis and patents
4 Analysis of key factors
5 Porter’s Five Forces Analysis
6 Impact Analysis of COVID-19 on the Plaque Modification Devices Market
seven Plate Modification Devices Market Layout
8 Global Business Share Analysis – 3 to 5 Key Companies
9 Plate Modification Devices Market Company and Product Profiles
ten Project approach
11. About DelveInsight

Want to know the Plate Modification Devices market by 2027? Click to preview Plaque Modification Devices Market Outlook

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