Thrombectomy Devices Market Share, Size, Growth, Opportunities, and Forecast to 2025

Latest released, the research study on Global Thrombectomy Devices Market Report Forecast 2021 - 2025, offers a detailed overview of the factors influencing the global business scope. Thrombectomy Devices Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Thrombectomy Devices. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers are: Argon Medical Devices Inc., Boston Scientific Corporation, Edwards Lifesciences Corporation, Johnson & Johnson, Medtronic PLC, Penumbra Inc., Koninklijke Philips NV (Spectranetics), Terumo Corporation, Straub Medical AG, Stryker Corporation

According to the United Nations report, 2019, the number of people above 65 years of age will be 1 in 6 by 2050 and globally, there were 703 million older persons aged 65 or over in 2019.

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Covid-19 Impact and Recovery Analysis:

The global Thrombectomy Devices market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

Key Market Trends

The Mechanical Thrombectomy Devices Segment is Expected to Hold a Major Share in the Market

Mechanical thrombectomy devices comprise a wide number of endovascular tools cleared for removing thrombi from the neurovasculature in acute ischemic stroke patients. There is a significant percentage of the stroke patient population who are eligible for treatment with thrombolysis. As per the NHS England commissionary policy reported in 2018, about 12% of all people with stroke are eligible for mechanical thrombectomy procedures.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

North America Expected to Dominate the Market Over the Forecast Period

The increasing burden of cardiac patients, technological advancements in the devices to attain better clinical outcomes, and increasing demand for minimally invasive products are driving the thrombectomy devices market in the United States.

According to the CDC, nearly 800,000 people in the United States have a stroke every year. Stroke is the fifth major cause of death in the United States, killing nearly 130,000 people a year. The increasing burden of stroke is leading to an increasing demand for interventional procedures. Thus, this is driving the market.

As per a recent publication (2018) by the American Heart Association (AHA) Journals, about only two-thirds of the US population have direct access to endovascular therapy (EVT) for stroke within an hour. This has raised concerns to improve the accessibility and shorten the time to EVT to give patients 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. Over the forecast period, with the favorable reimbursement scenario for medical devices and aforementioned factors, the market is estimated to grow consistently in the North American region.

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