Global IVC Filter Market is Expected to be US$ 1036.5 Mn by 2022 owing to Increasing Mortality Rate Among DVT Affected Patients

Absolute Markets Insights offers its latest published report, IVC Filter Market by Product Types (Retrievable IVC Filter, Permanent IVC Filter); by Application (Diagnostic, Therapeutic); by End User (Hospital, Surgical Center, Urgent Care Clinic, Others); by Region (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018-2026’.

The growth of IVC filter market is driven by the increase in number of IVC filter implant surgeries. As per the Journal of Vascular Surgery, people suffering with DVT mainly opt of IVC filter implant surgery rather than opting for blood thinner treatment. Patients that opt for blood thinners have encountered repeated occurrence of DVT after a year or two. This makes the implant surgery a better option as it completely eliminates the risk of DVT re-occurrence.
The author of the report analyzed that the global IVC filter market accounted for US$ 603.2 million

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However, the complications associated with long term usage of IVC filters is preventing the market from growing. The prolonged usage of filters can either lead to the filter falling out of its place or breaking apart within the body. This is further causing irreplaceable damage to walls of veins and other internal organs.

The development of biodegradable IVC filters may prove as an opportunity for many manufacturing companies and patients as the risk associated with breakage of filters inside blood veins would totally disappear. Also, these filters are cheaper as compared to conventional filters.

Hospitals are estimated to be the Largest End Users of IVC Filter Market
The growing trend among patients to have their IVC implant surgery in hospitals rather than small clinics, under the supervision of experienced nurses and doctors is making hospitals the largest end-users of the market.

Europe is one of The Regions Dominating the IVC Filter Market
European countries such as Germany, UK and Italy have invested heavily in research and development activities related to improvising the design and complications associated with long term implant. Another reason that is making the region dominating is the increased government spending on healthcare infrastructure.

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IVC Filter Market is Fragmented Due to the Presence of Many Start-ups and Medium Scale Companies
Market participants include Adient Medical Inc., Boston Scientific, Cardinal Health, Cook Medical, C. R. Bard, Argon Medical Devices, Inc., Volcano Corporation (Philips Volcano), ALN, B.Braun (B. Braun Melsungen AG), Braile Biomédica and VENITI, Inc. amongst others. In July, 2014, Cook Medical launched its next generation of IVC filter with four platinum markers. This is helping surgeons to determine the accuracy of implant in the inferior vena cava.

• Market By Product Types
o Retrievable IVC Filter
o Permanent IVC Filter

• IVC Filter Market – By Application
o Diagnostic
o Therapeutic

• Market By End User
o Hospital, Surgical Center
o Urgent Care Clinic
o Others

• Market By Region
o North America
 U.S.
 Rest of North America
o Europe
 France
 The UK
 Spain
 Germany
 Italy
 Rest of Europe
o Asia Pacific
 China
 Japan
 India
 Southeast Asia
 Rest of Asia Pacific
o Middle East and Africa
 GCC Countries
 Southern Africa
 Rest of Middle East and Africa
o Latin America
 Brazil
 Rest of Latin America

Purchase the complete report titled “IVC Filter Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018-2026” at https://www.absolutemarketsinsights.com/reports/IVC-Filter-Market-83

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