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Thrombectomy Devices Market Surge: Key Players & Future Outlook | Latest Companies like Medtronic plc, Boston Scientific Corporation, Penumbra, Inc., Acandis GmbH, Stryker Corporation, Terumo Corporation, Argon Medical Devices
The Global Thrombectomy Devices Market reached US$ 1.48 billion in 2023 and is expected to reach US$ 2.31 billion by 2031, growing at a CAGR of 5.8% during the forecast period 2024-2031.Thrombectomy Devices Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Thrombectomy devices are medical tools used to remove blood clots from arteries or veins, restoring blood flow in conditions like stroke or deep vein thrombosis. These minimally invasive devices improve patient outcomes by reducing complications and enhancing recovery time.
List of the Key Players in the Thrombectomy Devices Market:
Medtronic plc, Boston Scientific Corporation, Penumbra, Inc., Acandis GmbH, Stryker Corporation, Terumo Corporation, Argon Medical Devices, Teleflex Incorporated, Merit Medical Systems and phenox GmbH
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Industry Development:
The growing adoption of thrombectomy procedures, driven by their minimally invasive nature, shorter recovery times, and reduced complications, is fueling market growth. Continuous technological advancements, such as Inari Medical's launch of the Triever16 Curve and RevCore catheters in June 2023 for venous thrombosis, and phenox's introduction of the pRESET 6-50 thrombectomy device in October 2021 for acute ischemic stroke, are enhancing device performance and patient outcomes. Additionally, the rising prevalence of neurovascular conditions, increasing FDA approvals, and growing awareness of thrombectomy devices are expected to further propel the market.
Growth Forecast Projected:
The Global Thrombectomy Devices Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Thrombectomy Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Thrombectomy Devices Market:
By Product Type: Hydrodynamic Thrombectomy Devices, Aspiration Thrombectomy Devices, Mechanical Thrombectomy Devices, Percutaneous Thrombectomy Devices
By Application: Ischemic Stroke, Peripheral Artery Disease, Pulmonary Embolism , Deep Vein Thrombosis, Coronary Artery Disease (CAD), Others
By End-User: Hospitals, Specialty Clinics, Academic and Research Institutes, Others
Regional Analysis for Thrombectomy Devices Market:
The regional analysis of the Thrombectomy Devices Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Thrombectomy Devices market?
➠ Who are the leading manufacturers in the global Thrombectomy Devices industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Thrombectomy Devices industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Thrombectomy Devices market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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