Global Blood Clot Retrieval Devices Market Report, History and Forecast 2013-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application
City of Industry, CA -- (SBWIRE) -- 07/13/2018 -- This report studies the Blood Clot Retrieval Devices market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
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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.
The global Blood Clot Retrieval Devices market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Blood Clot Retrieval Devices in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Boston Scientific Corporation
Argon Medical Devices
Medtronic
Teleflex Incorporated
Penumbra
AngioDynamics
Johnson and Johnson
Bayer HealthCare
By the product type, the market is primarily split into
Mechanical Embolus Removal Devices
Penumbra Blood Clot Retrieval Devices
Stent Retrievers
Ultrasound Assisted Devices
By the end users/application, this report covers the following segments
Hospitals
Diagnostic Centers
Clinics
Ambulatory Surgical Centers