The presence of alternative devices such as balloon angioplasty may hamper the growth for atherectomy devices market. Balloon angioplasty is also used to widen blocked or narrowed blood vessel same as atherectomy devices.
The industry has witnessed multiple mergers & acquisitions in recent years. For instance, Boston Scientific Corporation acquired the interventional business unit of Bayer AG in 2014. Medtronic plc acquired Covidien plc in 2014 to strengthen its position in global atherectomy devices market.
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