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Comprehensive Deep Vein Thrombosis Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Deep Vein Thrombosis Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for deep vein thrombosis has been experiencing consistent growth over recent years. Estimated to sprout from $1.06 billion in 2024 to $1.1 billion in 2025, the compound annual growth rate (CAGR) stands at 4.1%. The growth during the historical period can be credited to factors such as the expansion of vascular medicine specialization, the sway of medical guidelines, emphasis on preventing thrombosis, development of clinical research, and heightened awareness of diagnosis.
Deep Vein Thrombosis Market Size Forecast: What's the Projected Valuation by 2029?
The market size for deep vein thrombosis is anticipated to experience consistent growth in the upcoming years, expanding to "$1.32 billion by 2029 with a compound annual growth rate (CAGR) of 4.6%. The progression during the forecast period can be credited to the increasing aged population, the surge of lifestyle-related illnesses, focus on defensive healthcare, novel therapeutic procedures, and dedication to patient-oriented care. Crucial trends identified for the forecast period encompass awareness of risk factors, advancements in diagnostic procedures, innovative treatments, initiatives geared towards public healthcare, and prevention after surgical procedures.
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What Are the Drivers Transforming the Deep Vein Thrombosis Market?
The surge in the number of people necessitating treatment for deep vein thrombosis (DVT) is likely to bolster the growth of the DVT market. The process of DVT treatment involves the use of medicinal drugs like anticoagulants among others, which obstructs the formation of new blood clots and prevents existing clots from enlarging, thus mitigating the disease's condition. An upturn in patients requiring DVT treatment signifies a higher prevalence of DVT, needing products for diagnosis, prevention, and treatment. For example, as per the data released by the Centers for Disease Control and Prevention (CDC), a public health agency in the US, in February 2023, approximately 900,000 people may be impacted annually due to DVT in the United States. Additionally, between 60,000 and 100,000 Americans succumb to DVT or PE (pulmonary embolism) each year. Hence, the growth in individuals needing treatment for deep vein thrombosis (DVT) is fuelling the market.
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What Long-Term Trends Will Define the Future of the Deep Vein Thrombosis Market?
A critical trend emerging in the deep vein thrombosis market is product innovation. Leading companies in the industry are adopting trailblazing technologies for the creation of new products as a means to strengthen their market position. To illustrate, Penumbra Inc., a U.S.-based innovator of groundbreaking therapies, revealed Lightning Flash in January 2023. This powerful and advanced mechanical thrombectomy system is used to treat venous and pulmonary thrombus. The system utilizes Penumbra's unique lightning-intelligent aspiration technology and pioneering dual clot detection algorithms. It's crafted to swiftly eradicate substantial blood clots in the body, encompassing venous thrombus and pulmonary emboli (PE). This provides doctors with a highly torqueable, larger catheter designed for effectively eliminating significant clot burdens in the pulmonary arteries or deep venous system, all the while upholding an outstanding safety profile.
Which Segments in the Deep Vein Thrombosis Market Offer the Most Profit Potential?
The deep vein thrombosis market covered in this report is segmented -
1) By Drug Class: Anticoagulants, Inferior Vena Cava Filters, Other Drug Class
2) By Treatment: Surgery, Drugs, Other Treatments
3) By Mode Of Administration: Injectable, Oral, Other Modes Of Action
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
5) By End User: Hospitals, Homecare, Specialty Clinics, Other End-users
Subsegments:
1) By Anticoagulants: Direct Oral Anticoagulants (DOACs), Vitamin K Antagonists, Low Molecular Weight Heparins, Unfractionated Heparin
2) By Inferior Vena Cava Filters: Retrievable IVC Filters, Permanent IVC Filters, Advanced IVC Filter Systems
3) By Other Drug Class: Thrombolytics, Antiplatelet Agents, Fibrinolytics, Combination Therapy
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Which Firms Dominate the Deep Vein Thrombosis Market by Market Share and Revenue in 2025?
Major companies operating in the deep vein thrombosis market include Abbott Laboratories, Bristol-Myers Squibb Company, Sanofi-Aventis U.S. LLC, Daiichi Sankyo Company Limited, Aspen Pharmacare Holdings Limited, Novartis AG, Mylan N.V., Bayer AG, Boehringer Ingelheim GmbH, Medtronic PLC, Hikma Pharmaceuticals PLC, Laboratorios Farmacéuticos Rovi S.A., Cardinal Health Inc., Teva Pharmaceutical Industries Ltd., AstraZeneca PLC, Stryker Corporation, Cook Medical Incorporated, Boston Scientific Corporation, Arjo AB, DJO Global Inc., Zimmer Biomet Holdings Inc., Devon Medical Products LLC, ThermoTek USA Inc., Pfizer Inc.
Which Regions Offer the Highest Growth Potential in the Deep Vein Thrombosis Market?
North America was the largest region in the deep vein thrombosis market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global deep vein thrombosis market report during the forecast period. The regions covered in the deep vein thrombosis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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