Thrombectomy Devices are anticipated to grow at a value CAGR of ~x% over 2019-2028. According to a study published by Insure Insights on the Thrombectomy Devices market is anticipated to grow significantly during the forecast period. The key factor that attributes to the growth of the procedural benefits offered by mechanical thrombectomy include in cardiac surgeries would help the industry boost in the coming years. The increase in the prevalence of thrombotic diseases among geriatric individuals is anticipated to help the industry flourish. The growing preference of surgeons for image-guided and minimally invasive cardiac surgeries would propel the growth.

Top Driver: Surge in prevalence of thrombotic diseases To Boost the industry

Thrombectomy Devices has rich demand for the treatment of the thrombotic diseases and is anticipated to gain lucrative growth in the forecast period. According to the statistics given by the Center For Disease Prevention and Control, the precise number of people affected by DVT/PE is unknown, although as many as 900,000 people could be affected (1 to 2 per 1,000) each year in the United States. The estimates suggest that 60,000-100,000 Americans die of DVT/PE (also called venous thromboembolism. This growing number is anticipated to boost the market growth in the coming years.

Mechanical thrombectomy to Make Crucial Contribution to Growth of Global Thrombectomy Devices Market

Among technology segments of the global Thrombectomy Devices market, mechanical Thrombectomy is predicted to show significant growth in future. This owes to the fact that mechanical thrombectomy has the maximum usage amongst the currently available technologies available. Furthermore, they aid in delivering better results especially in the ischemic stroke cases and hence would help the industry grow in the near future. The rheolytic thrombectomy devices are anticipated to gain highest CAGR, due to the upgradation in technology that are adopted for more efficient results, propelling the market growth in the next few years.

Rising Investments to Benefit North America Market

North American countries such as the US are predicted to maximize their spending on newer technologies in future. The surge in the burden of cardiac patients is anticipated to help the industry boost in the coming years. In addition to this, the rise in the demand for minimally invasive products is boosting the thrombectomy devices market in the United States. Furthermore, the surge in the concerns to improvize the accessibility and reduce the time to EVT to provide the patients with the best chance for an excellent outcome after strokes. The growth in the adoption rate has been steady with the focus on several other diseases, such as pulmonary embolism, is anticipated to help the market gain maximum shares in the next few years.

Players to Focus on Thrombectomy Devices Market

The global Thrombectomy Devices market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Medtronic plc, Teleflex Incorporated, Boston Scientific Corporation, Penumbra Inc., The Spectranetics Corporation, AngioDynamics, Inc., Terumo Corporation, Johnson and Johnson, Inc., Stryker Corporation, and Vascular Solutions, Inc.

Medtronic: September 2015, Medtronic acquired Lazarus Effect to strengthen its market of clot removal devices, which is effective during ischemic stroke. This acquisition would gain attention of the majority of the industry in the forecast period.

Boston Scientific: In November 2015, Boston Scientific received FDA approval and CE mark for its thrombectomy product line called AngioJet ZelanteDVT Thrombectomy Catheter. The increase in the number of the product launches would help the industry contribute to lucrative growth and boost the market in the forecast period.

Scope of the Report

By Technology

• Mechanical
• Aspiration
• Rheolytic

By Utility

• Reusable Devices
• Disposable Devices

By Diseases

• Peripheral Diseases
• Coronary Diseases
• Neural Diseases

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.