
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Mechanical Thrombectomy Devices Market (Product Type (Coil Retriever Devices, Stent Retriever Devices, Aspiration Devices, Manual Thrombectomy Devices, And Others (Ultrasound-Based Devices)), Application Type (Stroke, Deep Vein Thrombosis (DVT), Pulmonary Embolism (PE), Arteriovenous Fistula (AVF), Peripheral Arterial Disease (PAD), Hemodialysis Treatments, Percutaneous Coronary Intervention (PCI), And Others), End-user (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, And Academic & Research Institutes)) – Industry Analysis, Competitive Landscape, Revenue and Volume Forecast 2022-2030.”
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According to the latest research by InsightAce Analytic, the global mechanical thrombectomy devices market is valued at US$ 1.26 Billion in 2021, and it is expected to reach US$ 2.27 Billion by 2030, with a CAGR of 6.9% during a forecast period.
Thrombectomy devices are used to eliminate blood clots from the patient’s artery or vein. A mechanical thrombectomy is an effective approach for reducing stroke-related disability and mortality. Stryker’s Merci Retriever system and Penumbra’s Penumbra Aspiration device are the first generation mechanical thrombectomy devices.
The major drivers for the global mechanical thrombectomy devices market are the rising cardiovascular diseases, technological advancements in medical devices, fast adoption of advanced devices by hospitals, growing demand for effective treatment, increasing patient preference towards minimally invasive products, surging healthcare expenditure, and the rising government funding for healthcare facilities. According to the WHO report, about 17.9 million individuals die every year from cardiovascular diseases (CVDs). And near 85% of CVD deaths are because of heart attacks & strokes. Thus, the elevated prevalence of cardiovascular diseases is anticipated to boost the demand for mechanical thrombectomy devices in the upcoming years. However, the lack of well-trained surgeons and the complications associated with thrombectomy devices are expected to hamper the expansion of the mechanical thrombectomy devices market in the upcoming years.
Region-wise, North America is estimated to register lucrative growth in the global mechanical thrombectomy devices market over the forecast years. Regional growth can be attributed to the increasing burden of stroke cases and the surging demand for minimally invasive products. Asia-pacific is predicted to be the fastest-growing regional market owing to the rising cardiovascular diseases, growing healthcare expenditure, and technological advancements in devices.
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Major market players operating in the mechanical thrombectomy devices market include Medtronic, MicroVention, Inc., Stryker Corporation, Phenox GmbH, Penumbra, Inc., Balt Extrusion, Boston Scientific Corporation, Straub Medical AG, AngioDynamics, Acandis GmbH, NIPRO, Medrad Inc. (Bayer HealthCare LLC), Johnson & Johnson, Rapid Medical Inc., and Anaconda Biomed SL, Imperative Care Inc., Vascular Medcure, Inc., among others.
Key developments in the market:
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Global Mechanical Thrombectomy Devices Market, by Product Type, 2022-2030 (Value US$ Mn and Volume No. of Units)
Global Mechanical Thrombectomy Devices Market, by Application Type, 2022-2030 (Value US$ Mn and Volume No. of Units)
Global Mechanical Thrombectomy Devices Market, by End-user, 2022-2030 (Value US$ Mn and Volume No. of Units)
Global Mechanical Thrombectomy Devices Market, by Region, 2022-2030 (Value US$ Mn and Volume No. of Units)
North America Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
Europe Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
Asia Pacific Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
Latin America Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
The Middle East & Africa Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
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