Neurothrombectomy Devices Market To Be Driven By The Rising Unhealthy Lifestyle Of Individuals In The Forecast Period Of 2021-2026
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): USD 598.8 Million
Forecast CAGR (2021-2026): 5.5%
A rise in the number of cases of acute ischemic stroke, particularly among the elderly, is driving the market expansion. The neurothrombectomy devices market is being driven by the rising unhealthy lifestyle of individuals, along with the growing awareness about diseases.
The growing need for minimally invasive methods to treat neurovascular disorders is fuelling the market expansion. Due to the increased prevalence of acute ischemic stroke and the increasing number of product launches by leading market participants, clot retriever devices are witnessing substantial growth.
It is mostly used to dissolve blood clots in the cerebral arteries. As a result, the expanding number of cases of targeted illness is driving the industry forward. During the projection period, the rising development of novel clot retrievers' drugs may also aid to enhance the market.
The vascular snares market is expanding due to the growing business expansion in the endovascular devices segment. Another element driving market expansion is the rise in cardiac-related disorders.
Industry Definition and Major Segments
Blood clots in the cerebral neurovasculature are removed or destroyed using neurothrombectomy devices.
The neurothrombectomy surgery is the most preferred treatment for acute ischemic stroke because it improves functional results and lowers the death rate in patients.
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Based on product type, the market includes:
The end-use of the market is divied into:
Ambulatory Surgical Centres
On the basis of region, the industry is divided into:
Middle East and Africa
The factors leading to the growth of the industry are technological advancements and rising population consciousness. Various initiatives undertaken by the government worldwide to prevent stroke occurrence is driving the market. These devices are witnessing growth due to a rise in the prevalence of neurological disorders among a large population.
More healthcare organisations in the country are investing heavily in research and development and technological advancements. The market is growing due to an increase in the number of patients suffering from acute ischemic stroke and the introduction of new products by manufacturers.
The rising older populace and danger of the focussed on confusion is relied upon to add to the market development during the conjecture time frame.
Key Market Players
The major players in the market are Medtronic, iPhenox Gmbh, Acandis Gmbh, Vesalio, Penumbra, Inc, and Stryker Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist - U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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