Press release
Neurothrombectomy devices Market: Industry Trends, Size, Share, Growth, and Forecast 2023-2031
Neurothrombectomy is an innovative surgical procedure used to remove blood clots from arteries and veins. Blood clots can disrupt the normal flow of blood to a part of the body, causing life-threatening conditions such as pulmonary embolism or an acute stroke. During a thrombectomy procedure, the surgeon inserts a catheter into the patient's blood vessel to remove the blockage and restore blood flow to the affected area. Depending on the location of the clot and severity of the blockage, immediate treatment is often crucial.
Key Takeaways
Market in North America to propel highest growth.
The hospitals segment to garner the highest growth.
Market in Asia Pacific to grow at a highest rate.
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Market Drivers:
Increasing prevalence of neurovascular diseases: The prevalence of neurovascular diseases, such as stroke, is increasing globally due to factors such as aging population, sedentary lifestyle, high blood pressure, and diabetes. This has led to a rise in demand for neurothrombectomy devices, which can effectively remove blood clots from the brain and improve patient outcomes.
Technological advancements: Technological advancements in neurothrombectomy devices have led to improved performance, efficacy, and safety, which has boosted their adoption among healthcare providers and patients. For instance, the development of stent retrievers has led to faster and more effective clot removal.
Segmentation:
By Product Type:
Clot Retrieval Devices
Aspiration Devices
Snares
By End User:
Specialty Clinics
Hospitals
Others
By Region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players:
Medtronic
Phenox GmbH
Acandis GmbH
Penumbra Inc.
MicroVention Inc.
Boston Scientific Corporation
Stryker Corporation
Teleflex Incorporated
Vesalio
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Recent Development:
Penumbra is CE marked for its Lightning 7 and Lightning 12 technology, part of the Indigo Aspiration System with mechanical thrombectomy technology.
AngioDynamics announces that the US FDA has granted Section 510(k) clearance for AlphaVac., a mechanical thrombectomy system.
Regional Growth Dynamics:
North America accounted for major neurothrombectomy devices market share in 2021, owing to increase in cases of neurothrombectomy of different organs, robust healthcare infrastructure, presence of key players, and rise healthcare expenditure. However, Asia-Pacific is expected to witness highest CAGR during the forecast period, owing to rise in geriatric population, unmet medical demands, initiatives by government & non-governmental organizations (NGOs) to promote awareness regarding neurothrombectomy devices, and increase in public-private investments in the healthcare sector.
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A neurothrombectomy device is a device used to remove blood clots from the brain. The device is inserted into the brain through a small incision in the skull and is used to remove the clot. The device is typically used to treat patients who have had a stroke or who have a blood clot in the brain.
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Key Trends
One of the key trends in neurothrombectomy devices…
