Thrombectomy Devices Market Significant Trends and Factors Driving the Market Development Forecast to 2025

Global Thrombectomy Devices Market is expected to reach USD 1.76 billion by 2025, from USD 1.04 billion in 2017 growing at a CAGR of 6.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.

Thrombectomy devices market research report really acts as a backbone for every business that aspires to thrive in the market. Competitive analysis carried out in this report gives a clear-cut idea about the moves of the key players in the market such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. All the statistical data including facts and figures that are included in this report is represented by using several charts, graphs or tables. This first-class thrombectomy devices market research report has been built by skilful and experienced team players who work hard to achieve an absolute growth and success in the business.

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Major Market Competitors/Players:

Some of the major players operating in the global thrombectomy devices market are Stryker Corporation, Medtronic PLC, Johnson & Johnson, Terumo Corporation, Boston Scientific Corporation, Spectranetics Corporation, Penumbra, Inc., Argon Medical Devices, Inc., Edwards Lifesciences Corporation, Teleflex Incorporated, Straub Medical AG, BTG International Ltd, Phenox GmbH, Acandis GmbH & Co. Kg, Argon Medical Devices Inc., Penumbra, Inc., Teleflex Inc., and Terumo Corporation among others

Key Developments in the Market:

In December 2016, Boston Scientific, which one of the key player of the market, participated in the 35th Annual J.P. Morgan Healthcare Conference in San Francisco.

In May 2014, Argon Medical Devices, Inc. had launched new product under the brand name LEANERXT Rotational Thrombectomy System as a new addition to the CLEANER family of dialysis products. The product has increased power and torque for cleaning wall-adherent thrombus, and the ability to be introduced through a 6 Fr sheath, CLEANERXT combines torque with trackability. Its innovative sinusoidal wire design is radiopaque and conforms to varying lumen diameters, actively cleaning wall-adherent thrombus.

.Major Market Drivers and Restraints:

New technologies such as automated suturing device is expected to drive the market in the forecast period

Growing number of surgical procedures

Rising geriatric population

Increasing quality of suturing material

Increased investment in healthcare infrastructure in growing economies

Downward pricing pressure owing to its commodity nature

Increasing substitutes to sutures such as hemostats and surgical staplers

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Market Segmentation:

The global thrombectomy devices market is segmented based on type, end user, application and geographical segments.

Based on type, the market is segmented into aspiration thrombectomy devices, mechanical/fragmentation thrombectomy devices, rheolytic/hydrodynamic thrombectomy devices, ultrasonic thrombectomy devices.

On the basis of application, the market is classified into cardiovascular applications, neurovascular applications, and peripheral vascular applications.

On the basis of end users, the market is segmented into hospitals and surgical centers, ambulatory surgical centers, research laboratories and academic institutes, other end users.

Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.

Competitive Analysis:

The global thrombectomy devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of thrombectomy devices market for global, Europe, North America, Asia Pacific and South America.

Reasons to Purchase this Report

Current and future of global thrombectomy devices market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

Regions/countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

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