The clot management devices global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Clot Management Devices Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The clot management devices market size has grown strongly in recent years. It will grow from $1.63 billion in 2023 to $1.72 billion in 2024 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to the rising aging population, regulatory approvals and clinical trials, growing awareness and screening programs, and increasing prevalence of cardiovascular diseases.
The clot management devices market size is expected to see strong growth in the next few years. It will grow to $2.19 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to rising healthcare expenditure, enhanced healthcare infrastructure, regulatory and reimbursement policies, telemedicine and remote monitoring, and rising adoption of personalized medicine. Major trends in the forecast period include technological improvements, the development of novel next-generation thrombectomy tools, customized treatment plans, collaborations and partnerships, and the integration of artificial intelligence and machine learning.
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Scope Of Clot Management Devices Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Clot Management Devices Market Overview
Market Drivers –
The increasing demand for hospitals is expected to propel the growth of the clot management device market going forward. Hospitals are healthcare facilities specifically designed to provide medical treatment, care, and services to individuals suffering from various illnesses, injuries, or medical conditions. Hospitals are increasing due to various factors, such as aging populations, urbanization, healthcare access, population expansion, and medical tourism. Clot management devices in the healthcare sector serve as instrumental components for treating conditions such as deep vein thrombosis, pulmonary embolism, and ischemic strokes, providing patients with effective and minimally invasive solutions and enhancing overall treatment outcomes and patient safety. For instance, in May 2024, according to the American Health Care Association, a US-based nonprofit organization, the number of hospitals in the US increased to 6,120 from 5,129 in 2022. Therefore, the increasing demand for hospitals is driving the growth of the clot management device market.
Market Trends –
Major companies operating in the clot management device market are developing innovative technologies, such as computer-assisted vacuum thrombectomy (CAVT) systems, to serve customers with advanced features. Computer-assisted vacuum thrombectomy (CAVT) systems are medical devices used in the treatment of blood clots, particularly in conditions such as deep vein thrombosis (DVT) and pulmonary embolism (PE). For instance, in April 2024, Penumbra Inc., a US-based medical company, launched the Lightning Flash 2.0. It is the latest clot aspiration and vacuum thrombectomy (CAVT) technology designed to remove blood clots rapidly. The lightning flash 2.0 represents a significant advancement in clot management devices, offering enhanced performance and efficiency. This state-of-the-art device integrates cutting-edge AI and sophisticated engineering to improve patient outcomes in acute and chronic care settings. It includes advanced imaging and suction capabilities, allowing for precise and effective clot removal to meet the demands of various medical environments.
The clot management devices market covered in this report is segmented –
1) By Product Type: Neurovascular Embolectomy Devices, Embolectomy Balloon Catheters, Percutaneous Thrombectomy Devices, Catheter-Directed Thrombolysis (CDT) devices, Inferior vena cava filters (IVCF)
2) By Percutaneous Thrombectomy Devices Type Outlook: Aspiration Thrombectomy Devices, Percutaneous Mechanical Thrombectomy Device
3) By End User: Diagnostic centers, Hospitals
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Regional Insights –
North America was the largest region in the clot management devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clot management devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the clot management devices market are Cardinal Health Inc., Bayer AG, Abbott Laboratories, Medtronic plc, Koninklijke Philips N.V., Becton Dickinson and Company, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, DePuy Synthes Inc., Terumo Corporation, Edwards Lifesciences Corporation, Acandis GmbH & Co. KG, Cook Medical, Merit Medical Systems Inc., Applied Medical Resources Corporation, Penumbra Inc., MicroVention Inc., Inari Medical Inc., AngioDynamics Inc., Argon Medical Devices Inc., LeMaitre Vascular Inc., iVascular S.L.U., Straub Medical AG, Rapid Medical
Table of Contents
1. Executive Summary
2. Clot Management Devices Market Report Structure
3. Clot Management Devices Market Trends And Strategies
4. Clot Management Devices Market – Macro Economic Scenario
5. Global Clot Management Devices Market Size and Growth
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32. Global Clot Management Devices Market Competitive Benchmarking
33. Global Clot Management Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Clot Management Devices Market
35. Clot Management Devices Market Future Outlook and Potential Analysis
36. Appendix
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