This market research report on IVC Filter Market studied by Product Types (Retrievable IVC Filter, Permanent IVC Filter), Application (Diagnostic, Therapeutic), End User (Hospital, Surgical Center, Urgent Care Clinic, Others) and Region (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America).
Pune, India -- (SBWIRE) -- 02/14/2019 -- The inferior vena cava (IVC) is the largest vein, that carries blood from the lower part of the body to the heart for purification. But sometimes along with blood, the vein also carries large blood clots to the heart which may further lead to problems such as pulmonary embolism or blockage. To prevent this condition, IVC filters are placed within the IVC. They trap large clots present in the veins and thus prevent blood clots from reaching the heart and lungs. They are used as an alternative treatment for patients who do not respond to blood thinners. The U.S. Food and Drug Administration (FDA) approved the usage of IVC filter in 1979.
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The growth of IVC filter market is driven by the increase in number of IVC filter implant surgeries. As per the Journal of Vascular Surgery, people suffering with DVT mainly opt of IVC filter implant surgery rather than opting for blood thinner treatment. Patients that opt for blood thinners have encountered repeated occurrence of DVT after a year or two. This makes the implant surgery a better option as it completely eliminates the risk of DVT re-occurrence.
New market research report gives an in-depth idea about the global IVC Filter market. It highlights the recent market scenario, growth in the past few years, and opportunities present for manufacturers in the future. In this research for the completion of both primary and secondary details, methods and tools are used. Also, investments instigated by organizations, government, non-government bodies, and institutions are projected in details for better understanding about the market.
Some of the significant players functioning in the market include Adient Medical Inc., Boston Scientific, Cardinal Health, Cook Medical, C. R. Bard, Argon Medical Devices, Inc., Volcano Corporation (Philips Volcano), ALN, B.Braun (B. Braun Melsungen AG), Braile Biomédica and VENITI, Inc. amongst others. In July, 2014, Cook Medical launched its next generation of IVC filter with four platinum markers. This is helping surgeons to determine the accuracy of implant in the inferior vena cava.
The development of biodegradable IVC filters may prove as an opportunity for many manufacturing companies and patients as the risk associated with breakage of filters inside blood veins would totally disappear. Also, these filters are cheaper as compared to conventional filters.
Hospitals are estimated to be the Largest End Users of IVC Filter Market
The growing trend among patients to have their IVC implant surgery in hospitals rather than small clinics, under the supervision of experienced nurses and doctors is making hospitals the largest end-users of the market.
Europe is one of The Regions Dominating the IVC Filter Market
European countries such as Germany, UK and Italy have invested heavily in research and development activities related to improvising the design and complications associated with long term implant. Another reason that is making the region dominating is the increased government spending on healthcare infrastructure.
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Market By Product Types
- Retrievable IVC Filter
- Permanent IVC Filter
IVC Filter Market – By Application
Market By End User
- Hospital, Surgical Center
- Urgent Care Clinic
Market By Region
- Rest of North America
- The UK
- Rest of Europe
- Southeast Asia
- Rest of Asia Pacific
Middle East and Africa
- GCC Countries
- Southern Africa
- Rest of Middle East and Africa
- Rest of Latin America
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the IVC Filter market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the IVC Filter market
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