Thrombectomy Devices Market Revenue Opportunities 2026 Estimated By Eminent Players Applied Medical, Argon Medical Devices, Inc., Boston Scientific Corporation, BTG International, Capture Vascular, Claret Medical

Thrombectomy refers to physical removal of soft thrombus. A thrombectomy device is easy to use and consistently opens blood vessels. Use of thrombectomy devices can improve long-term neurological outcomes by providing higher rates of procedural recanalization. Thrombectomy devices can be used in patients for whom pharmacological treatments such as thrombolysis are likely to be ineffective or inappropriate for instance, in case of recent surgery or in patients who are taking oral anticoagulants.

The global thrombectomy devices market size was valued at US$ 1.03 billion in 2017, and is expected to witness a CAGR of 7.4% over the forecast period (2018 – 2026).

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Thrombectomy Devices Market - Competitive Landscape

Key players operating in the global thrombectomy devices market include Applied Medical, Argon Medical Devices, Inc., Boston Scientific Corporation, BTG International, Capture Vascular, Claret Medical, Control Medical Technology, Edwards Lifesciences Corporation, Johnson & Johnson, Medtronic PLC, Merit Medical Systems, Inc., Minnetronix, Inc., Nexgen Medical Systems, Inc., Natec Medical Ltd., Penumbra, Inc., Phenox GmbH, Stentys SA, Spectranetics Corporation, Straub Medical AG, Stryker Corporation, Terumo Corporation, and Teleflex Incorporated.

Increasing incidences of stroke worldwide is expected to drive growth of the thrombectomy devices market

According to the National Institute for Health and Care Excellence (NICE) 2018 report, the risk of stroke increases with age and the chances of getting stroke is higher in men and Asian people. Thrombectomy treatment provides an alternative in the absence of access to standard of care such as thrombolysis, which is contraindicated during pregnancy.

Rising demand for minimally invasive procedures coupled with increased patient population of stroke, deep vein thrombosis (DVT), and pulmonary embolism (PE) are expected to drive growth of the thrombectomy devices market during the forecast period. According to WHO 2018 report, stroke is the second most common cause of death in the world, with 6.7 million stroke-related deaths each year. Moreover, the burden of disease caused by stroke is set to double worldwide, by 2030.

Thrombectomy Devices Market - Regional Insights

On the basis of region, the global thrombectomy devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Europe thrombectomy devices market is expected to generate significant revenue share during the forecast period, owing to increasing number of stroke cases coupled with rising geriatric population. According to the Lancet journal 2013 report, stroke affects 152,000 people annually in the U.K., which is equal to 1 person every 3 minutes and 27 seconds. According to the Health Information and Quality Authority 2017 report, in Ireland, circulatory system related diseases such as stroke and coronary hearth diseases were most common cause of death, accounting for one in three of all deaths in 2014.

Detailed Segmentation:

Global Thrombectomy Devices Market, By Product Type:
- Mechanical Thrombectomy Devices
- Aspiration Thrombectomy Devices
- Hydrodynamic Thrombectomy Devices
- Ultrasonic Thrombectomy Devices

Global Thrombectomy Devices Market, By Application:
- Neurovascular
- Cardiovascular
- Peripheral Vascular

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