Blood Clot Retrieval Devices Market

The global Blood Clot Retrieval Devices market was valued at 650.66 Million USD in 2021 and will grow with a CAGR of 14.11% from 2021 to 2027, based on newly published report.

The prime objective of Blood Clot Retrieval Devices Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Blood Clot Retrieval Devices Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A stroke is a sudden loss of blood circulation in an area of the brain which may result in loss of neurological functioning. Strokes are generally of three types Ischemic Stroke (caused due to blood clots), Hemorrhagic stroke (caused when there is a rupture in arteries) and lastly transient ischemic attack (caused when blood flow to the brain is blocked for a short time).In early 1980`s the blood clot retrieval devices used for endovascular revascularization were based on intra-arterial and selective thrombolytic agents. Another methodology proposed was the use of a combination of intra-arterial thrombolytic and use of ultrasound to disrupt the clot. The clot retrieval process is performed within eight hours of the onset of stroke symptoms, the whole process of blood clot retrieval takes about two hours.Increase in prevalence of ischemic stroke, hemorrhagic stroke, and transient ischemic attack owing to the sedentary and unhealthy lifestyle majorly drives the market growth. In addition, rise in prevalence of strokes in geriatric population, increase in demand of minimally invasive surgery, and favorable reimbursement policies fuel the growth of the market. However, risk of post surgery complications and high cost of surgical procedure, lack of infrastructure & skilled professions and stringent government regulations associated to the safety and efficacy of blood clot retrieval devices hinder the growth of the market. Ongoing R&D activities related to blood clot retrieval devices are anticipated to present new opportunities for the market. North America dominates the global market owing to favorable reimbursement and advanced development for diagnostic procedures. APEJ regions are growing steadily as local players are emerging rapidly in the blood clot retrieval devices.

By Market Verdors:

• Boston Scientific Corporation
• Argon Medical Devices
• Medtronic
• Teleflex Incorporated
• Penumbra
• AngioDynamics
• Johnson and Johnson
• Bayer HealthCare

By Types:

• Mechanical Embolus Removal Devices
• Penumbra Blood Clot Retrieval Devices
• Stent Retrievers
• Ultrasound Assisted Devices

By Applications:

• Hospitals
• Diagnostic Centers
• Clinics
• Ambulatory Surgical Centers

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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