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Thrombectomy Devices Market 2023 : Analysis And Forecast, Recent Developments Trends, CAGR Analysis, Top Players And Outlook By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Thrombectomy Devices Global Market Report 2023 identifies increase in the incidence of cardiovascular diseases as the major driver for the Thrombectomy Devices market's growth in the forecast period. Cardiovascular diseases (CVDs) are a group of disorders that affect the heart and blood vessels, including coronary artery disease, heart failure, and arrhythmias. Thrombectomy is a procedure used to remove blood clots that have formed within blood vessels, including those in cardiovascular diseases such as acute ischemic stroke and acute myocardial infarction (heart attack); as a result, an increase in the incidence of cardiovascular diseases increases the demand for thrombectomy devices.
The global thrombectomy devices market size is expected to grow from $1.34 billion in 2022 to $1.46 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global thrombectomy devices market size is expected to reach $1.95 billion in 2027 at a CAGR of 7.5%.
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Major competitors in the Thrombectomy Devices market are Stryker Corporation, Medtronic Plc., Boston Scientific Corporation, Johnson and Johnson, Terumo Corporation.
A key trend in the Thrombectomy Devices market includes technological advancements. Companies operating in the thrombectomy devices market are adopting new technologies to sustain their position in the market. For instance, in February 2022, CERENOVUS, a US-based company engaged in neurovascular care and part of Johnson & Johnson Medical Devices Companies, launched EMBOGUARD, a next-generation balloon guide catheter. This is used in endovascular procedures, including those for patients with acute ischemic stroke. EMBOGUARD is the latest addition to join CERENOVUS Stroke Solutions, a suite of technologies designed with compatibility in mind to assist physicians in performing mechanical thrombectomy procedures.
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The Thrombectomy Devices market is segmented -
• By Product Type: Aspiration Thrombectomy Devices, Mechanical Thrombectomy Devices, Ultrasonic Thrombectomy Devices, Other Product Types
• By Application: Cardiovascular Application, Peripheral Application, Neurovascular Application
• By End-User: Hospitals, Surgical centers, Ambulatory, Academia, Contract Research Organizations (CROs)
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Thrombectomy Devices market.
The Business Research Company's "Global Thrombectomy Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Thrombectomy Devices Market Include:
1. Executive Summary
2. Thrombectomy Devices Market Characteristics
3. Thrombectomy Devices Market Trends And Strategies
4. Thrombectomy Devices Market - Macro Economic Scenario
5. Thrombectomy Devices Market Size And Growth
……………………………………………………..
26. Africa Thrombectomy Devices Market
27. Thrombectomy Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Thrombectomy Devices Market
29. Thrombectomy Devices Market Future Outlook and Potential Analysis
30. Appendix
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