APAC Inferior Vena Cava Filter Market Worth USD 234.42 Mn by 2027

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Asia-Pacific Inferior Vena Cava Filter Market Research Report – Segmented By Application, Product, End User, Material & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Industry Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022

ID: 7685

Pages: 145

APAC Inferior Vena Cava Filter Market Size (2022 to 2027)

The size of the Asia-Pacific Inferior Vena Cava Filter market was around USD 153.31 million in 2022. It is expected to grow at a CAGR of 11.20% to reach USD 260.67 million by 2027.

The inferior vena cava filter market in the APAC region is expected to expand because of the increased prevalence of cardiovascular diseases and the strong demand for minimally invasive procedures. Increased incidence of VTE or PE due to an aging population, sedentary lifestyles, and lifestyle-related disorders are driving the demand for Asia Pacific inferior vena cava filters. These factors have resulted in a significant need for retrievable or optional filters and methods for adequately placing and retrieving them. Advances in healthcare technology and the advent of complex devices such as convertible, combination, bio-convertible filters, and central venous filters are boosting the market for inferior vena cava filters. The insertion of an IVC filter has become more accessible and more successful due to advances in medical imaging. Medical imaging advancements will also lower operational risk and increase procedure accuracy. The amount of research being done to produce smaller filters and improve insertion techniques has grown. The expansion of the Inferior Vena Cava market is expected to be aided by the development of technologically improved IVC Filters.

The cost of IVC filter implantation operations is now relatively high, and a large portion of the population cannot afford such exorbitant prices. The market for Inferior Vena Cava is claimed to be constrained due to this. The general public has little or no understanding of cardiovascular disease issues and treatment options. They rely heavily on professional medical advice. Anticoagulant medications are used to treat most thrombotic situations unless surgery is required. As a result, there is a lack of knowledge about the availability and use of Inferior Vena Cava Filters.

This research report on the APAC inferior vena cava filter market has been segmented and sub-segmented into the following categories:

By Product Type:

Retrievable IVC
Permanent IVC

By Application:

Treatment of Venous Thromboembolism
Preventive Pulmonary embolism

By Material:

Non-Ferromagnetic Material
Ferromagnetic Material

By End User:

Hospitals
Ambulatory Surgical Centers
Others

By Country:

India
China
Japan
South Korea
Australia
New Zealand
Thailand
Malaysia
Vietnam
Philippines
Indonesia
Singapore
Rest of APAC

In 2020, Asia Pacific had the third-largest share in the global market. IVC filter volumes have steadily increased in the region over the last few years, owing to rising healthcare expenditures in emerging nations due to aging populations and increasing rates of chronic disease management. China, the world's second-largest economy, is expected to grow at a CAGR of 10.5% over the forecast period. Japan and Canada are two other prominent geographic markets for the analysis period. Increased research and development expenditures, expansion in the cardiac devices market, rising healthcare spending in emerging economies, and technology spillover in nascent markets are all driving factors for the inferior vena cava filter. Because of the large patient population and growing awareness about cardiovascular disease and treatment alternatives, the APAC market is likely to grow rapidly throughout the forecast period.

KEY MARKET PLAYERS:

Some of the key players of the IVC filters market include C.R. Bard, Boston Scientific, Cardinal Health, Cook Medical, B.Braun, ALN, Braile Biomedica, Philips Volcano, Argon Medical Devices, and VENITI.

1. Introduction

1.1 Market Definition

1.2 Study Deliverables

1.3 Base Currency, Base Year and Forecast Periods

1.4 General Study Assumptions

2. Research Methodology

2.1 Introduction

2.2 Research Phases

2.2.1 Secondary Research

2.2.2 Primary Research

2.2.3 Econometric Modelling

2.2.4 Expert Validation

2.3 Analysis Design

2.4 Study Timeline

3. Overview

3.1 Executive Summary

3.2 Key Inferences

3.3 Epidemology

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

4.1 Market Drivers

4.2 Market Restraints

4.3 Key Challenges

4.4 Current Opportunities in the Market

5. Market Segmentation

5.1 Application

5.1.1 Introduction

5.1.2 Treatment Venous Thromboembolism

5.1.3 Prevent Pulmonary Embolism

5.1.4 Y-o-Y Growth Analysis, By Application

5.1.5 Market Attractiveness Analysis, By Application

5.1.6 Market Share Analysis, By Application

5.2 Product

5.2.1 Introduction

5.2.2 Retrievable IVC Filter

5.2.3 Permanent IVC Filter

5.2.4 Y-o-Y Growth Analysis, By Product

5.2.5 Market Attractiveness Analysis, By Product

5.2.6 Market Share Analysis, By Product

5.3 Material

5.3.1 Introduction

5.3.2 Non-Ferromagnetic material

5.3.3 Ferromagnetic material

5.3.4 Y-o-Y Growth Analysis, By Material

5.3.5 Market Attractiveness Analysis, By Material

5.3.6 Market Share Analysis, By Material

5.4 End User

5.4.1 Introduction

5.4.2 Ambulatory Surgical Centres

5.4.3 Hospitals

5.4.4 Other End Users

5.4.5 Y-o-Y Growth Analysis, By End User

5.4.6 Market Attractiveness Analysis, By End User

5.4.7 Market Share Analysis, By End User

6. Geographical Analysis

6.1 Introduction

6.1.1 Regional Trends

6.1.2 Impact Analysis

6.1.3 Y-o-Y Growth Analysis

6.1.3.1 By Geographical Area

6.1.3.2 By Application

6.1.3.3 By Product

6.1.3.4 By Material

6.1.3.5 By End User

6.1.4 Market Attractiveness Analysis

6.1.4.1 By Geographical Area

6.1.4.2 By Application

6.1.4.3 By Product

6.1.4.4 By Material

6.1.4.5 By End User

6.1.5 Market Share Analysis

6.1.5.1 By Geographical Area

6.1.5.2 By Application

6.1.5.3 By Product

6.1.5.4 By Material

6.1.5.5 By End User

6.2 China

6.3 India

6.4 Japan

6.5 South Korea

6.6 Australia

7. Strategic Analysis

7.1 PESTLE analysis

7.1.1 Political

7.1.2 Economic

7.1.3 Social

7.1.4 Technological

7.1.5 Legal

7.1.6 Environmental

7.2 Porter’s Five analysis

7.2.1 Bargaining Power of Suppliers

7.2.2 Bargaining Power of Consumers

7.2.3 Threat of New Entrants

7.2.4 Threat of Substitute Products and Services

7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis

8.1 C.R.Bard

8.1.1 Overview

8.1.2 Product Analysis

8.1.3 Financial analysis

8.1.4 Recent Developments

8.1.5 SWOT analysis

8.1.6 Analyst View

8.2 Boston Scientific

8.3 Cardinal Health

8.4 Cook Medical

8.5 B.Braun

8.6 ALN

8.7 Braile Biomedica

8.8 Philips Volcano

8.9 Argon Medical Devices

8.10 VENITI

9. Competitive Landscape

9.1 Market share analysis

9.2 Merger and Acquisition Analysis

9.3 Agreements, collaborations and Joint Ventures

9.4 New Product Launches

10. Market Outlook and Investment Opportunities

Appendix

a) List of Tables

b) List of Figures

Asia Pacific Inferior Vena Cava Filter Market, By Application, From 2022 - 2027 (USD Million)
Asia Pacific Treatment of Venous Thromboembolism Market, By Region, From 2022 - 2027 (USD Million)
Asia Pacific Prevention of Pulmonary Embolism Market, By Region, From 2022 - 2027 (USD Million)
Asia Pacific Inferior Vena Cava Filter Market, By Product, From 2022 - 2027 (USD Million)
Asia Pacific Retrievable IVC Filter Market, By Region, From 2022 - 2027 (USD Million)
Asia Pacific Permanent IVC Filter Market, By Region, From 2022 - 2027 (USD Million)
Asia Pacific Inferior Vena Cava Filter Market, By End User, From 2022 - 2027 (USD Million)
Asia Pacific Ambulatory Surgical Centres Market, By Region, From 2022 - 2027 (USD Million)
Asia Pacific Hospitals Market, By Region, From 2022 - 2027 (USD Million)
Asia Pacific Other End Users Market, By Region, From 2022 - 2027 (USD Million)
Asia Pacific Inferior Vena Cava Filter Market, By Material, From 2022 - 2027 (USD Million)
Asia Pacific Non-Ferromagnetic material Market, By Region, From 2022 - 2027 (USD Million)
Asia Pacific Ferromagnetic material Market, By Region, From 2022 - 2027 (USD Million)
Japan Inferior Vena Cava Filter Market, By Application, From 2022 - 2027 (USD Million)
Japan Inferior Vena Cava Filter Market, By Product, From 2022 - 2027 (USD Million)
Japan Inferior Vena Cava Filter Market, By End User, From 2022 - 2027 (USD Million)
Japan Inferior Vena Cava Filter Market, By Material, From 2022 - 2027 (USD Million)
China Inferior Vena Cava Filter Market, By Application, From 2022 - 2027 (USD Million)
China Inferior Vena Cava Filter Market, By Product, From 2022 - 2027 (USD Million)
China Inferior Vena Cava Filter Market, By End User, From 2022 - 2027 (USD Million)
China Inferior Vena Cava Filter Market, By Material, From 2022 - 2027 (USD Million)
India Inferior Vena Cava Filter Market, By Application, From 2022 - 2027 (USD Million)
India Inferior Vena Cava Filter Market, By Product, From 2022 - 2027 (USD Million)
India Inferior Vena Cava Filter Market, By End User, From 2022 - 2027 (USD Million)
India Inferior Vena Cava Filter Market, By Material, From 2022 - 2027 (USD Million)
Australia Inferior Vena Cava Filter Market, By Application, From 2022 - 2027 (USD Million)
Australia Inferior Vena Cava Filter Market, By Product, From 2022 - 2027 (USD Million)
Australia Inferior Vena Cava Filter Market, By End User, From 2022 - 2027 (USD Million)
Australia Inferior Vena Cava Filter Market, By Material, From 2022 - 2027 (USD Million)
South Korea Inferior Vena Cava Filter Market, By Application, From 2022 - 2027 (USD Million)
South Korea Inferior Vena Cava Filter Market, By Product, From 2022 - 2027 (USD Million)
South Korea Inferior Vena Cava Filter Market, By End User, From 2022 - 2027 (USD Million)
South Korea Inferior Vena Cava Filter Market, By Material, From 2022 - 2027 (USD Million)