IMARC Group has recently released a new research study titled “Thrombectomy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of thrombectomy devices industry?
The global thrombectomy devices market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.
What is a thrombectomy devices?
Thrombectomy devices are endovascular instruments utilized for the removal of blood clots or thrombus from blood vessels. They comprise guide catheters, stent retrievers, microcatheters, aspiration catheters, and aspiration pump systems. They aid in retrieving stroke-causing clots, reducing risks of clot retrieval complications, and decreasing the requirement of post-operative care. Thrombectomy devices enable surgeons to lower the chances of permanent brain damage by resolving blockages and restoring the flow of blood into the brain. They help eliminate difficulties in speech and mobility and prevent partial paralysis caused by an acute ischemic stroke. As thrombectomy devices reduce scarring and hospital stays, they are extensively utilized in hospitals, nursing homes, and clinics across the globe.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the major market drivers in thrombectomy devices market?
At present, the rising demand for thrombectomy devices due to the increasing traction of minimally invasive (MI) surgical methods represents one of the primary factors influencing the market positively. Besides this, governing agencies of various countries are undertaking initiatives to improve treatment facilities and increase the number of hospitals and nursing homes. In addition, there is a rise in the occurrence of strokes and heart attacks among the masses on account of the excessive smoking and consumption of alcohol around the world. This, coupled with increasing sedentary lifestyles among individuals, is propelling the growth of the market. Furthermore, the rising adoption of image-guided devices by surgeons to reduce surgical complications and locate the accurate position of blood clots is bolstering the growth of the market.
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Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
- Aspiration Thrombectomy Devices
- Mechanical Thrombectomy Devices
- Ultrasonic Thrombectomy Devices
- Others
Breakup by Application:
- Cardiovascular
- Neurovascular
- Peripheral Vascular
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
- Argon Medical Devices Inc
- Boston Scientific Corporation
- Edwards Lifesciences Corporation
- Johnson & Johnson
- Medtronic Plc
- Penumbra Inc
- Spectranetics Corporation (Koninklijke Philips N.V.)
- Stryker Corporation
- Teleflex Incorporated
- Terumo Corporation
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