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Global Neurovascular Thrombectomy Devices Market 2023 is projected to reach US$ 841.2 million by the year 2026 at 6.4% CAGR | PMR

02-21-2023 09:53 AM CET | Health & Medicine

Press release from: Persistence Market Research

Global Neurovascular Thrombectomy Devices Market 2023

The Neurovascular Thrombectomy Devices market is expected to grow in 2022, as these devices continue to be an essential tool in the treatment of neurovascular disorders. Neurovascular thrombectomy devices are used to remove blood clots from the brain, which can cause a stroke or other neurovascular disorders. These devices have been shown to be effective in reducing the damage caused by neurovascular disorders and improving patient outcomes. As a result, the demand for neurovascular thrombectomy devices is expected to increase in the coming years.

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The latest research report by Persistence Market Research (PMR), a well-known name in market research, states that the Neurovascular Thrombectomy Devices Market will witness a CAGR of 6.40% from 2022 to 2026, and will exceed USD 841.2 million in the market value by the end of 2026. The growing incidence of ischemic stroke is projected to boost the growth of the Global Neurovascular Thrombectomy Devices Market. As per the Centers for Disease Control and Prevention (CDC) in the United States, ischemic strokes account for almost 87% of all the strokes and are a primary cause of long-term impairment. It is anticipated that such stroke occurrences would increase in the years to come. This factor is expected to drive the growth of the Global Neurovascular Thrombectomy Devices Market.

The Impact of COVID-19 on the Neurovascular Thrombectomy Devices Market

Even though the COVID-19 has affected various healthcare operations, the Neurovascular Thrombectomy Devices Market has grown rapidly. The increased risk of thromboembolism among COVID-19 patients drove up demand for thrombectomy treatments, increasing market revenue.

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North America is projected to have a sizable market share

The increasing prevalence of acute ischemic strokes, extensive research, enhanced product launches, and rising strategic initiatives by leading market players are the primary driving factors for the growth of the North American Neurovascular Thrombectomy Devices Market. Because of the high prevalence of stroke, the U.S. is likely to occupy a considerable proportion of the market over the forecast period. Furthermore, increased investments will enhance market innovation, consequently boosting the market growth.

In addition, rising Asia-Pacific countries such as China and India are likely to emerge as new revenue-generating markets. The existence of a large patient pool for target illnesses increased awareness among surgeons about the advantages of Neurovascular Thrombectomy Devices, increased healthcare expenditure, and increased use of these devices, all contribute to the growth of this Asia-Pacific's market.

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PMR has presented a comprehensive report based on Neurovascular Thrombectomy Devices Market as per Product Type (Stent Retriever and Aspiration Catheter), End User (Hospitals, Neuro-Catheterization Labs and Specialized Neurosurgery Centers) based on seven regions.

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Key Questions Answered in This Report.

What are the Roadblocks for Neurovascular Thrombectomy Devices Market Suppliers?
What are the Key Opportunities for Neurovascular Thrombectomy Devices Market Manufacturers?
How is Focus on Safety Influencing Neurovascular Thrombectomy Devices Market Demand?
What is the Regulatory Impact on Global Sales of Neurovascular Thrombectomy Devices Market?
Which Region Offers the Largest Opportunity for Sales of Neurovascular Thrombectomy Devices Market?
Where Does the U.S. Stand in the Market for Neurovascular Thrombectomy Devices Market?
What Is the Outlook for Neurovascular Thrombectomy Devices Market Manufacturers in China?
Why is Germany a Lucrative Market for Neurovascular Thrombectomy Devices Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Neurovascular Thrombectomy Devices Market?
Why is There High Demand for Tires in Neurovascular Thrombectomy Devices Market?
Why are Sales of Neurovascular Thrombectomy Devices Market Surging?

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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