Press release
Clot Management Devices Market Size, Share and Industry Report 2023-2030
Clot Management Devices Market - DataM Intelligence
Global Clot Management Devices Market reached US$ YY billion in 2022 and is expected to reach US$ YY billion by 2030, growing with a high CAGR during the forecast period 2023-2030.
Clot management devices play a crucial role in preventing, identifying, and treating issues associated with blood clots, addressing disorders like deep vein thrombosis (DVT), pulmonary embolism (PE), and arterial thrombosis. Thrombectomy devices are utilized to mechanically remove blood clots in arteries, applicable to various parts of the body such as the legs, lungs, and brain. Examples of these devices include mechanical thrombectomy tools and aspiration catheters.
Thrombolysis devices, specifically catheter-directed catheters, are employed to administer thrombolytic drugs directly to the clot, aiding in the dissolution of the clot and restoring blood flow. Catheter-directed thrombolysis is frequently employed in the treatment of conditions like DVT and PE. The increasing prevalence of vascular diseases, including arterial thrombosis, pulmonary embolism, and deep vein thrombosis, has driven the demand for clot management devices.
Continuous advancements in medical technology have facilitated the development of more efficient and minimally invasive clot management tools. These advancements not only contribute to improved patient outcomes but also accelerate the recovery process for individuals dealing with clot-related disorders.
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Market Dynamics
As of March 2023, SMT has emerged as a significant player in the domain of thrombectomy technology distribution in certain regions of India. The company has been selected as the exclusive distributor for Penumbra's peripheral and coronary vascular thrombectomy technology. In adherence to the contractual agreement, SMT will provide healthcare providers access to Penumbra's latest Indigo System portfolio. This portfolio includes the recently approved CATTM RX, endorsed by India's Central Drug Standard Control Organization, and Lightning technologies, pending regulatory approval. These technologies are designed for addressing conditions such as coronary thrombosis, venous thrombosis, arterial thrombosis, and pulmonary embolism.
The Lightning Aspiration Tubing, a component of Penumbra's Indigo System portfolio, stands out as the first and only computer-aided mechanical aspiration technology capable of distinguishing between clot and blood, thereby minimizing blood loss. This technology is tailored for single-session blood clot removal in peripheral arterial and venous systems, encompassing the treatment of pulmonary embolism. Furthermore, Penumbra's Indigo System CAT RX is specifically designed to safely and effectively remove blood clots from coronary and peripheral arteries.
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Market Segmentation
By Product
Embolectomy Balloon Catheter
Catheter Directed Thrombolysis Devices
Percutaneous Thrombectomy Devices
Inferior Vena cava Filters
Neurovascular Embolectomy Devices
Others
By End-user
Commercial and Infrastructure
Residential
Industrial
Market Key Players
Major players are Medtronic Plc, Boston Scientific Corporation, Edward Lifesciences, Teleflex Incorporated, Johnson & Johnson, LeMaitre Vascular, Inc., AngioDynamics, iVascular SLU, Cardinal Health, and Stryker.
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