This report provides exclusive insights into the COVID-19 impact on the Thrombectomy Devices Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Thrombectomy Devices Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Thrombectomy Devices Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
thrombectomy devices market provides an in-depth analysis of segments and sub-segments
in the global as well as regional thrombectomy devices market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional thrombectomy devices market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of global thrombectomy devices market. According to the report,
the global thrombectomy devices market is projected to grow at a CAGR of 6.2%
over the forecast period of 2019-2025.
Thrombectomy devices are mainly used to treat blood clots present
in the arteries, veins, and capillaries. These devices are available in various
sizes. They are used to treat deep vein thrombosis, acute myocardial
infarction, pulmonary embolism, peripheral arterial diseases, and neurovascular
thrombosis conditions. Thrombectomy devices market is expected to grow during
the forecast period.
An increase in the incidence of chronic diseases is the major
driver driving the growth of the thrombectomy devices market across the globe.
The rise in the geriatric population is another key factor for the growth of
the market. However, the lack of skilled professionals and complex use of these
devices may hamper the growth of the thrombectomy devices market during the
forecast period. Moreover, development in technical advancements and
innovations creates an opportunity for the growth of the market in the next few
In terms of region, the thrombectomy devices market is categorized
into North America, Europe, Asia Pacific, and the Rest of the World. Among all,
North America holds the maximum market share and is expected to dominate the
thrombectomy devices market during the forecast period. This is mainly due to
the growing adoption of advanced technology used for making thrombectomy
devices. Also, the rising number of clinical trials, and supportive
reimbursement policies in the region has increased the demand in this market.
The Asia Pacific is anticipated to grow at a beneficial rate over the forecast
time. High usage of these devices in healthcare and increasing healthcare
expenses boosts the demand for thrombectomy devices market in the Asia Pacific
region. Moreover, growing awareness among surgeons about the benefits of using
these devices in countries like India, Japan, and China is likely to benefit
the growth of the thrombectomy devices market during the forecast period.
The report on global thrombectomy devices market covers segments
such as technology, type, utility, diseases, and end user. On the basis of
technology, the sub-markets include mechanical thrombectomy devices, aspiration
thrombectomy devices, and rheolytic thrombectomy devices. On the basis of type,
the sub-markets include automated devices, and manual devices. On the basis of
utility, the sub-markets include reusable devices, and disposable devices. On
the basis of diseases, the sub-markets include peripheral diseases, coronary
diseases, and neurovascular diseases. On the basis of end user, the sub-markets
include ambulatory surgical centers, clinics, hospitals, and other end users.
The report provides profiles of the companies in the market such
as Teleflex Incorporated, Johnson & Johnson Services, Inc., Penumbra Inc.,
Boston Scientific Corporation, Stryker Corporation, Spectranetics, Medtronic
plc, Argon Medical Devices, Inc., Terumo Corporation, and Edwards Lifesciences
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of thrombectomy
devices market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.