The global blood clot retrieval devices market size was estimated to be US$ 1.15 billion in 2020 and is expected to reach US$ 5.11 billion by 2031 at a CAGR of 14.6%.
In mid-1980 the blood clot retrieval devices utilized for endovascular revascularization were based on intra-blood vessel and particular thrombolytic agents. Another procedure proposed was the utilization of a mix of intra-blood vessel thrombolytic and utilization of ultrasound to remove the clot. It is observed since recent decade that, with the help of technological improvements, tremendous development has been made within the endovascular control of acute ischemic stroke.
Blood clot retrieval is a surgery that includes mechanical expulsion of blood clot from the patient's brain. This technique is significantly utilized for the treatment of ischemic strokes caused because of blood clots. It decreases hazard of loss of motion, difficulties in speech, and other stroke associated handicaps.
The clot retrieval process is performed within eight hours of the beginning of stroke appearances, the entire course of blood clot retrieval requires around two hours. Affordability of blood clot retrieval devices and progressing studies carried out on working nature of care for self-medication would set out alluring development for the blood clot retrieval devices market.
Discrete players spending on Research and development and item advancement exercises are seen increasing; their focus towards introduction of upgraded and proficient item is acquiring foothold. Their methodology towards presentation of new devices is relied upon to affect the development of blood clot retrieval devices market. Bettered performance of automated functional devices for high precision medical procedure is relied upon to acquire significance in coming years. Likewise, spread out key association by decisive players to improve its item presence is relied upon to help the income of the said market.
Nations, for example, India, China and Australia are spending high on framework improvement to make sure the provision of upgraded care to the patients.
Blood Clot Retrieval Devices Market Value Share Analysis, by Geography (2021)
The report titled “Blood Clot Retrieval Devices Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032” offers market estimates for a period 2022 to 2032, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Blood Clot Retrieval Devices Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The Blood Clot Retrieval Devices market is segmented as type, application, and region. Based on material, the Blood Clot Retrieval Devices market is segmented into aspiration device, stent retrievers, other. Based on application, the Blood Clot Retrieval Devices market is segmented into coronary arteries, peripheral arteries, cerebral arteries, and other. Based on geography, the Blood Clot Retrieval Devices Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Blood Clot Retrieval Devices Market. Further, market share of prominent companies in the Blood Clot Retrieval Devices Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Blood Clot Retrieval Devices companies. The Blood Clot Retrieval Devices Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the Blood Clot Retrieval Devices business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Blood Clot Retrieval Devices Market.
The key players of the Blood Clot Retrieval Devices Market are Penumbra, Inc., Medtronic, Inc., Terumo Corporation, Stryker Corporation, CERENOVUS, NeuroVasc Technologies Inc., Rapid Medical, and others.
Blood Clot Retrieval Devices Market Key Segments:
Based on type
Based on application
By Region
The global blood clot retrieval devices market size was estimated to be US$ 1.15 billion in 2020.
Blood Clot Retrieval Devices market is expected to grow at a CAGR of 14.6% through 2031.
Penumbra, Inc., Medtronic, Inc., Terumo Corporation, Stryker Corporation, CERENOVUS, NeuroVasc Technologies Inc., Rapid Medical are few prominent player is active in the market.
North America region tops the global demand for blood clot retrieval devices.
Based on type, the Blood Clot Retrieval Devices market is segmented into Aspiration device, Stent retrievers and Others.
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