Mechanical Thrombectomy Devices Market Vendor and Technology Assessment Report 2024-2031

Mechanical Thrombectomy Devices Market worth $ 2.27 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Mechanical Thrombectomy Devices Market (Product Type (Coil Retriever Devices, Stent Retriever Devices, Aspiration Devices, Manual Thrombectomy Devices, And Others (Ultrasound-Based Devices)), Application Type (Stroke, Deep Vein Thrombosis (DVT), Pulmonary Embolism (PE), Arteriovenous Fistula (AVF), Peripheral Arterial Disease (PAD), Hemodialysis Treatments, Percutaneous Coronary Intervention (PCI), And Others), End-user (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, And Academic & Research Institutes)) - Industry Analysis, Competitive Landscape, Revenue and Volume Forecast 2022-2030."

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According to the most recent research by InsightAce Analytics, the global market for mechanical thrombectomy devices is estimated to be worth US$1.26 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 6.9% to reach US$2.27 billion by 2030.

Devices called thrombectomy are used to remove blood clots from a patient's vein or artery. Mechanical thrombectomy is one efficient method for lowering stroke-related mortality and disability. The earliest mechanical thrombectomy devices are the Penumbra Aspiration device and the Merci Retriever system from Stryker.

Rising cardiovascular diseases, medical device technological advancements, hospitals' quick adoption of cutting-edge devices, patient preference for minimally invasive products, rising healthcare costs, and increased government funding for Healthcare facilities are the main factors propelling the global market for mechanical thrombectomy devices. According to a WHO report, cardiovascular diseases (CVDs) claim the lives of around 17.9 million people annually. Additionally, heart attacks and strokes account for nearly 85% of CVD mortality. Therefore, it is projected that the increased incidence of cardiovascular disorders will increase the need for mechanical thrombectomy equipment in the years to come. The Market growth for mechanical thrombectomy devices is expected to be hampered in the following years by the shortage of skilled surgeons and the problems related to these devices.

Over the forecast years, North America is anticipated to experience profitable expansion in the global market for mechanical thrombectomy devices. The Rising number of stroke cases and the growing need for minimally invasive products are the leading causes of regional growth. Due to increased cardiovascular diseases, rising healthcare costs, and device technical improvements, the Asia-Pacific region is expected to be the fastest-growing regional market.

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Major market players operating in the mechanical thrombectomy devices market include Medtronic, MicroVention, Inc., Stryker Corporation, Phenox GmbH, Penumbra, Inc., Balt Extrusion, Boston Scientific Corporation, Straub Medical AG, AngioDynamics, Acandis GmbH, NIPRO, Medrad Inc. (Bayer HealthCare LLC), Johnson & Johnson, Rapid Medical Inc., and Anaconda Biomed SL, Imperative Care Inc., Vascular Medcure, Inc., among others.
Key developments in the market:
• In February 2022, Imperative Care, Inc. launched Zoom POD Aspiration Tubing, the company's latest innovation in elevating stroke care. This newest addition to the company's Zoom Stroke Solution allows quick confirmation of successful clot retrieval during mechanical thrombectomy for ischemic stroke.
• In October 2021, phenox introduced the pRESET 6-50 mechanical thrombectomy device to treat acute large vessel occlusive (LVO) stroke.
• In September 2021, Boston Scientific Corporation acquired Devoro Medical, Inc., the WOLF Thrombectomy Platform developer, to add a mechanical thrombectomy platform to the peripheral interventions portfolio. The innovative non-console and lytic-free WOLF technology targets and captures blood clots using finger-like prongs that retrieve and remove thrombi in the arterial and venous systems.
• In December 2019, Vascular Medcure, Inc. received FDA clearance for its latest CAPERE Thrombectomy System, a mechanical device for treating peripheral vascular, deep vein thrombosis (DVT).
• In April 2019, Medtronic launched Solitaire X revascularization device for treating acute ischemic stroke in the U.S. Solitaire stent retriever uses a micro-sized catheter to access arteries in the brain, restoring blood flow and removing blood clots that cause acute ischemic stroke.

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Market Segments
Mechanical Thrombectomy Devices Market, by Product Type, 2022-2030 (Value US$ Mn and Volume No. of Units)
• Coil Retriever Devices
• Stent Retriever Devices
• Aspiration Devices
• Manual Thrombectomy Devices
• Others (Ultrasound Based Devices)

Mechanical Thrombectomy Devices Market, by Application Type, 2022-2030 (Value US$ Mn and Volume No. of Units)
• Stroke
• Deep Vein Thrombosis (DVT)
• Pulmonary Embolism (PE)
• Arteriovenous fistula (AVF)
• Peripheral Arterial Disease (PAD)
• Haemodialysis Treatments
• Percutaneous coronary intervention (PCI)
• Others

Mechanical Thrombectomy Devices Market, by End-user, 2022-2030 (Value US$ Mn and Volume No. of Units)
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics
• Academic & Research Institutes

Mechanical Thrombectomy Devices Market, by Region, 2022-2030 (Value US$ Mn and Volume No. of Units)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
• U.S.
• Canada
Europe Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
• Brazil
• Mexico
• Rest of Latin America
The Middle East & Africa Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)
• GCC Countries
• South Africa
• Rest of the Middle East & Africa

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