Thrombectomy Devices Market: Snapshot
Strategic alliances and mergers and acquisitions to expand geographical footprint and efforts for strengthening sales force are some other key growth strategies that players in this market have resorted to.
Read Report Overview: https://www.transparencymarketresearch.com/thrombectomy-devices-market.html
Some other key players in the global thrombectomy devices market are Argon Medical Devices Inc., Johnson & Johnson, Spectranetics Corporation, Boston Scientific Corporation, Medtronic plc, Terumo Corporation, BTG International Ltd., and Teleflex among others.
As per the TMR report, the global thrombectomy devices market will expand at a healthy 6.1% CAGR vis-à-vis revenue over the forecast period between 2017 and 2022. Rising at this rate, the opportunities in the market will attract a revenue of US$1,974.5 mn by 2022-end. The market was valued at US$1,470.6 mn in 2017. Among the various products, aspiration thrombectomy devices account for the maximum share in the overall market. Geography-wise, driven by the U.S., North America is currently the most attractive market for thrombectomy devices.
Request Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30911
Rising Pool of Patients Likely to Require Secondary Treatment Augments Demand
Majorly fuelling the global thrombectomy devices market is the increasing incidence of cerebrovascular diseases. Cerebrovascular diseases or stroke has been identified as the world’s second most deadly disease, as per the World Health Organization. The rising use of thrombectomy devices for cardiovascular diseases especially among the growing geriatric population who are susceptible to cardiac surgeries and increasing preference for minimally invasive surgeries are some other prominent factors behind the growth of thrombectomy devices market.
Apart from this, factors such as technological advancements, rising healthcare expenditure in emerging economies, rising preference for minimally invasive procedures for thrombectomy, favorable medical reimbursement policies are acting in favor of the growth of this market.
Acquisition of specialty thrombectomy clinics by tier-1 hospitals is another favorable factor that has come to the fore in recent years. Consequently, nurses and technical staff at tier-1 hospitals receive specialty training for patient care from trained personnel at specialty thrombectomy clinics.
Download Brochure of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30911
In addition, rising incidence of cerebrovascular and cardiovascular diseases and advent of laser and ultra-violet radiation based novel thrombectomy devices is likely to take thrombectomy devices market to new heights, adds the report.
Lastly, increasing setup of manufacturing units in emerging economies and strengthening of distribution networks via collaborations are benefitting the thrombectomy devices market.
Lack of Skilled Personnel Challenges Growth
Despite several favorable factors, the growth of the thrombectomy devices market is challenged as well. Stringent regulations and long hauls for approval of thrombectomy devices, lack of experienced surgeons, increasing number of product recalls, low awareness regarding new treatments for peripheral vascular diseases, and ill-effects of thrombectomy devices are proving to be a roadblock to the market’s growth.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Transparency Market Research
90 State Street,
NY - 12207
USA - Canada Toll Free 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thrombectomy Devices Market: Snapshot here
News-ID: 982563 • Views: 182
More Releases from TMR - Research Report
Global Tissue Extraction System Market: Trends and Opportunities 2017 - 2025
Global Tissue Extraction System Market: Overview The global tissue extraction system market is foretold to display an impressive growth rate in the coming years. This could be owing to the need for tissue extraction or biopsy for cancer analysis after the patient has been suspected of carrying the disease. The procedure is extremely vital for diagnosing the disease. Thus, increasing prevalence of carcinogenic agents, compromised immunity levels, and rising incidence of
Neurology Sterile Injectable Market: Growth Factors, Applications, Regional Anal …
Neurology sterile injectables are generally administered to individuals suffering from pain linked to the nerves. Neuropathic pain injections are used to provide relief to these individuals. Neurology sterile injectable block the pain signal from reaching the brain. Neurological sterile injection can be administered at sympathetic nervous system, trigger points, dorsal roots, and peripheral nerves. The most commonly use neurological injectable used for nerve block are steroid injection, opioids, and local
External Fixator Devices Market: Global Survey and Trend Research
External fixator devices are used to stabilize and support long bone open fractures to help the patient carry body’s weight as well as movement. Schanz screws, connecting rods, and clamps are used in case of unipolar external fixators. Circulatory fixators include circular rings, wires, connecting rods, and struts. The external fixator devices provide rigid fixation along with fixed distraction of the fracture fragments. The major advantage of external fixator devices
Anorectal Preparations Market Trends, and Forecast 2017 - 2025
Anorectal preparations are products that contain a combination of an anti-inflammatory agent, or a pain reliever, and a local anesthetic as a suppository, or an ointment. External or internal hemorrhoids are treated by the topical application of anorectal preparations. Hemorrhoids are masses or lumps of tissue in the anus that contain enlarged blood vessels. The formation of hemorrhoids is due to an increase in abdominal pressure. Frequent constipation, which is
More Releases for Corporation
Global Gaming Market 2018 - Microsoft Corporation, Nintendo Co., Ltd., Rovio Ent …
The global Gaming market research report 2019 -2023 proposes a thorough analysis of the Gaming market globally. The market analysis considerably focuses on providing data to the consumers related to the three major segments, which include the growth rate of the market, the size of the market, and industrial-chain analysis. The Gaming market report provides a wide-range of Gaming market segmentation Console , Mobile , Computer , , . Get Request
Enterprise Content Management Market Trend to 2025: IBM Corporation, Oracle Corp …
Enterprise Content Management Market to 2025 - Global Analysis and Forecasts by Product, Deployment Type, Organization Type, Verticals The report aims to provide an overview of Global Enterprise Content Management Market along with detailed segmentation of market by product, organization type, deployment type, vertical and five major geographical regions. Global Enterprise Content Management market is expected to witness growth during the forecast period due to exponential growth in the data and
Blockchain Market Covers Leading Manufacturer IBM Corporation, Microsoft Corpora …
Blockchain technology is a decentralized software program that enables protected digital transactions of digital currencies such as Bitcoin. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1113 "Applications Of Blockchain Market" Blockchain permits applicants to authenticate and review transactions. Blockchain-based transactions of value can be completed in faster way, more safely, and economically than conventional transaction systems. Rising popularity of these ledger chains has led to a significant increase in total capital
Telecom Analytics 2018 Global Key Players – EMC Corporation, Oracle Corporatio …
Telecom Analytics Market 2018 Wiseguyreports.Com Adds “Telecom Analytics – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023” To Its Research Database. Description: This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in Telecom Analytics industry. This report splits Telecom Analytics market
Cloud Backup Market Key Players - Microsoft Corporation, Oracle Corporation, IBM …
Market Highlights: The Global Cloud Backup Market is growing with the rapid pace; mainly due to the increasing demand for low cost and reliable storage facility. According to a recent study report published by the Market Research Future, the global market of cloud backup is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a remarkable growth by 2023, beating its previous
Global Smart Hospitality System Market 2017 : Mitel Networks Corporation, NEC Co …
Smart Hospitality System A market study based on the " Smart Hospitality System Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Smart Hospitality System Market 2017’. The research report analyses the historical as well as present performance of the worldwide Smart Hospitality System industry, and makes predictions on the future status of Smart Hospitality System market on the basis of this analysis. Get Free