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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 AbVyXQcfOymlDdueyeh6OaP9pSjG95IWz/qpAMqczpUdnf278A/fuTbHQH+EIUHh
 FvVbs5CSXOHTTzKsL+28dg==

<SEC-DOCUMENT>0001209191-04-024358.txt : 20040507
<SEC-HEADER>0001209191-04-024358.hdr.sgml : 20040507
<ACCEPTANCE-DATETIME>20040507110415
ACCESSION NUMBER:		0001209191-04-024358
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040317
FILED AS OF DATE:		20040507

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ELFE ADRIAN E
		CENTRAL INDEX KEY:			0001243538

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19711
		FILM NUMBER:		04787351

	MAIL ADDRESS:	
		STREET 1:		96 TALAMINE COURT
		STREET 2:		SPECTRANETIC
		CITY:			COLORADO SPRINGS
		STATE:			CO
		ZIP:			80920

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPECTRANETICS CORP
		CENTRAL INDEX KEY:			0000789132
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				840997049
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		96 TALAMINE COURT
		CITY:			COLORADO SPRING
		STATE:			CO
		ZIP:			80907
		BUSINESS PHONE:		7196338333

	MAIL ADDRESS:	
		STREET 1:		96 TALAMINE COURT
		CITY:			COLORADO SPRINGS
		STATE:			CO
		ZIP:			80907

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	THE SPECTRANETICS CORP
		DATE OF NAME CHANGE:	19900510
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-03-17</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000789132</issuerCik>
        <issuerName>SPECTRANETICS CORP</issuerName>
        <issuerTradingSymbol>SPNC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001243538</rptOwnerCik>
            <rptOwnerName>ELFE ADRIAN E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>96 TALAMINE COURT</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>COLORADO SPRINGS</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80907</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>VP QA/RA</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>SPNC Stock Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.8400</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-03-17</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>15000.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.8400</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>SPNC Stock Options</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>15000.0000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>46700.0000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Options became 100% fully vested on 7/21/98</footnote>
        <footnote id="F2">Options expire on 7/21/2004</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Adrian E. Elfe</signatureName>
        <signatureDate>2004-05-07</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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