The size of the global thrombectomy devices market was worth USD 1.12 billion in 2020. This value is estimated to be growing at a CAGR of 7.4% and worth USD 1.6 billion by 2025.
Thrombectomy Devises Market is the surgical removal of thrombi in cases of emergency, which block blood circulation. It is generally used as a last resort as continuous blockage of blood flow to organs can lead to a situation known as necrosis. Thrombi refers to blood clots, but in general usage, it refers to any mass of material that blocks blood flow and leads to complications such as lack of oxygen supply to living cells.
Some of the commonly used thrombectomy devices procedures are balloon embolectomy, aspiration embolectomy, and surgical embolectomy. Balloon Embolectomy involves inserting a catheter with an inflatable balloon at its tip, inserted into a blood clot, and inflated. Then the balloon is removed along with the clot. Possible risks with this procedure are intimal lesions, which can lead to another thrombosis. In the aspiration embolectomy procedure, the thrombus is removed by using suction instead of using a balloon. It is regarded as a quick and effective way of eliminating thrombi in limb arteries. Surgical embolectomy involves the removal of the clot by surgical incision into an artery.
The Global market is driven by factors such as rising sedentary lifestyle, growing geriatric population, increasing demand for minimally invasive procedures, increasing prevalence of cardiovascular diseases, and technological innovations in the medical field.
However, the market is constrained by factors like lack of skilled workers, difficulty using new equipment, and lack of awareness about peripheral vascular diseases.
REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
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Market Size Available |
2019 to 2025 |
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Base Year |
2019 |
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Forecast Period |
2020 to 2025 |
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Segments Analysed |
By Type, Application, End-User, Disease, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Analysed |
North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
This research report on the global thrombectomy devices market has been segmented and sub-segmented based on type, application, end-user, disease, and region.
Thrombectomy Devices Market - By Type:
Thrombectomy Devices Market - By Application:
Thrombectomy Devices Market - By End User:
Thrombectomy Devices Market - By Diseases:
Thrombectomy Devices Market - By Region:
Geographically, North America held the largest share in the global thrombectomy devices market in 2019 due to many technologically advanced Thrombectomy Devices present in the region.
The highest growth rate was recorded in the Asia-Pacific region, owing to the large patient population, increased local manufacturing, strengthening of distribution networks, and raising awareness among surgeons about the new devices' advantages.
KEY MARKET PARTICIPANTS:
Notable companies leading the global thrombectomy devices market profiled in this report are Stryker Corporation (U.S.), Medtronic Plc (U.S.), Boston Scientific Corporation (U.S.), Penumbra, Inc. (U.S.) Johnson & Johnson (U.S.), Terumo Corporation (Japan), Spectranetics Corporation (U.S.), Edwards Lifesciences Corporation (U.S.), Argon Medical Devices, Inc. (U.S.), and Teleflex Incorporated (U.S.).
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 Type
5.1.1 Stent Retrievers
5.1.2 Basket/Brush Retrievers
5.1.3 Coil Retrievers
5.1.4 Mechanical Thrombectomy Devices
5.1.4.1 Stent Retrievers
5.1.4.2 Coil Retrievers
5.1.4.3 Basket/Brush Retrievers
5.1.5 Ultrasonic Thrombectomy Devices
5.1.6 Aspiration Thrombectomy Devices
5.1.7 Hydrodynamic Thrombectomy Devices
5.1.8 Y-o-Y Growth Analysis, By Type
5.1.9 Market Attractiveness Analysis, By Type
5.1.10 Market Share Analysis, By Type
5.2 Application
5.2.1 Peripheral Vascular Application
5.2.2 Neurovascular Application
5.2.3 Cardiovascular Application
5.2.4 Y-o-Y Growth Analysis, By Application
5.2.5 Market Attractiveness Analysis, By Application
5.2.6 Market Share Analysis, By Application
5.3 End-Users
5.3.1 Research Laboratories & Academic Institutes
5.3.2 Ambulatory Surgical Centres
5.3.3 Hospital Surgical Centres
5.3.4 Other end-users
5.3.5 Y-o-Y Growth Analysis, By End-Users
5.3.6 Market Attractiveness Analysis, By End-Users
5.3.7 Market Share Analysis, By End-Users
5.4 Diseases
5.4.1 Coronary Diseases
5.4.2 Neural Diseases
5.4.3 Peripheral Diseases
5.4.4 Y-o-Y Growth Analysis, By Diseases
5.4.5 Market Attractiveness Analysis, By Diseases
5.4.6 Market Share Analysis, By Diseases
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 Type
6.1.3.2 By Application
6.1.3.3 By End-Users
6.1.3.4 By Diseases
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Type
6.1.4.2 By Application
6.1.4.3 By End-Users
6.1.4.4 By Diseases
6.1.5 Market Share Analysis
6.1.5.1 By Type
6.1.5.2 By Application
6.1.5.3 By End-Users
6.1.5.4 By Diseases
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
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 Stryker Corporation
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 Medtronic Plc
8.3 Boston Scientific Corporation
8.4 Penumbra, Inc.
8.5 Johnson & Johnson
8.6 Terumo Corporation
8.7 Spectranetics Corporation
8.8 Edwards Lifesciences Corporation
8.9 Argon Medical Devices, Inc.
8.10 Teleflex Incorporated
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
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