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Monday, 12 April 2021
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Thursday, 08 Apr 2021 10:50 am

Thrombectomy Devices Market 2021 Scenario in Revenue by Inari Medical, Medtronic, Stryker Corporation, Terumo Corporation

The global Thrombectomy Devices market is anticipated to reach US$ 2,101.29 Mn in 2027 from US$ 1,282.07 Mn in 2018. The market is anticipated to grow with a CAGR of 5.9% from 2019-2027.

By SMN Bureau
The report provides trends prevailing in the global thrombectomy devices market and the factors driving the market along with those that act as hindrances.
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The global Thrombectomy Devices market is anticipated to reach US$ 2,101.29 Mn in 2027 from US$ 1,282.07 Mn in 2018. The market is anticipated to grow with a CAGR of 5.9% from 2019-2027.

The report provides trends prevailing in the global thrombectomy devices market and the factors driving the market along with those that act as hindrances. The market for thrombectomy devices is expected to grow, owing to factors such as elevating incidences of CVDs and neurological diseases, ongoing technological advancements, and favorable medical reimbursement scenario. Moreover, growing healthcare expenditure and increasing research and studies in field of thrombectomy are likely to have a positive impact on the growth of the market in the coming years.

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Market Insights

Favorable Medical Reimbursement Scenario

In January 2018, European Tech Reimbursement Consulting (MTRC) released a 62-page reimbursement report for mechanical thrombectomy for stroke. The report covers procedure coding, payment mechanism, reimbursement tariffs, and policy restrictions in 11 EU countries, including Austria, Belgium, Denmark, England, France, Germany, Italy, the Netherlands, Norway, Sweden, and Switzerland. The report also covers essential information about reimbursement and national funding, including a brief overview of reimbursement system for medical devices, procedure coding for technology, diagnosis coding, payment mechanism for technology, reimbursement tariffs for technology, restrictions in indications or scenarios for use of technology, and technology-related policy considerations by payers and policymakers.

Key Players Influencing the Market are

Penumbra, Inc
Edwards Lifesciences Corporation
Koninklijke Philips N.V.
Teleflex Incorporated
Johnson & Johnson Services, Inc (DePuy Synthes)
ARGON MEDICAL
Inari Medical
Medtronic
Stryker Corporation
Terumo Corporation

Product Insights

The global thrombectomy devices market, based on type, has been segmented into mechanical thrombectomy devices, aspiration thrombectomy, devices, rheolytic thrombectomy devices and ultrasonic thrombectomy. The mechanical thrombectomy devices segment held the largest share of the market in 2018. Moreover, the reagent segment is anticipated to register the highest CAGR in the market during the forecast period.

Strategic Insights

Growth strategies through several organic and inorganic such as approvals, product launch, agreements, and partnerships have been witnessed in the market of Thrombectomy Devices. For instance, in July, 2018, Johnson & Johnson a medical device company has launched EMBOTRAP II Revascularization Device under the Cerenovus business segment. EMBOTRAP II is a new device for treating stroke patients and advancement in mechanical thrombectomy.

Global Thrombectomy Devices Market – By Type

Mechanical Thrombectomy Devices
Aspiration Thrombectomy Devices
Rheolytic Thrombectomy Devices
Ultrasonic Thrombectomy Devices

Global Thrombectomy Devices Market – By Application

Cardiovascular
Peripheral Vascular
Neurovascular

Thrombectomy Devices Market Important Factors:

Market Environment: Government Policies, Technological Changes, Market Risks.
Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Industry Trends: United States and Other Regions Revenue, Status and Outlook.
Competitive Landscape: By Manufacturers, Development Trends, Marketing Area
Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
Market Segment: By Types, By Applications, By Regions/ Geography.
Sales Revenue: Market Share, Growth Rate, Current Market Analysis.

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Tags Thrombectomy Devices Market Thrombectomy Devices Market 2021 Thrombectomy Devices Market Trends Thrombectomy Devices Market Growth Thrombectomy Devices Market Forecast Thrombectomy Devices Market Analysis

SMN Bureau

Smart Market News brings you the stories of adopting innovative solutions and strategies that have been changing the world. Our insights on products, solutions, companies, and adoption of best practices help in understanding the markets better and make smarter decisions.


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