The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

 As per The Business Research Company’s Inferior Vena Cava Filters Global Market Report 2023, The global inferior vena cava filters market is expected to grow from $4.74 billion in 2022 to $5.14 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The global inferior vena cava filters market size is expected to reach $8.94 billion in 2027 at a CAGR of 7.8%.

What was the major driver in the inferior vena cava filters market?
The rising occurrence of venous thromboembolism is projected to drive the inferior vena cava filter market in the coming years. Venous thromboembolism (VTE) is a condition in which blood clots form in the veins and cause disability or death if not addressed. Inferior vena cava filters are used to prevent blood clots from travelling to the heart or lungs, preventing venous thromboembolism. According to estimates issued by the Centres for Disease Control and Prevention, a Georgia-based public health body, around 900,000 people could be impacted by venous thromboembolism in February 2023. Furthermore, venous thromboembolism kills between 60,000 and 100,000 Americans each year. As a result, the increased occurrence of venous thromboembolism is pushing the expansion of the inferior vena cava filter market.

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What was the key trend in the inferior vena cava filters market?
Product innovation has emerged as a prominent trend in the inferior vena cava filter industry. To increase their market position, major firms in the inferior vena cava filter market are creating new and novel products. For example, in December 2021, Royal Philips, a subsidiary of Koninklijke Philips N.V., a Dutch conglomerate firm, developed the CavaClear laser sheath, which has been certified by The United States Food and Drug Administration, a US government agency. This product employs UV laser radiation to remove tissue and aid in the removal of the IVC filter. When compared to earlier removal methods, this gadget has a 96% technical success rate.

Which was the largest region in the inferior vena cava filters market?
North America was the largest region in the inferior vena cava filters market in 2022. The regions covered in the global inferior vena cava filters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the inferior vena cava filters market prominent players?
Major players in the inferior vena cava filters market are ALN Implants Chirurgicaux, B. Braun Melsungen AG, Argon Medical Devices Inc., Boston Scientific Corporation, Cook Medical Inc., Braile Biomédica, Koninklijke Philips N.V, Volcano Corporation, Lifetech Scientific Corporation, Canon Medical Systems USA Inc., Siemens Healthcare Private Limited, VENITI Inc., Cordis, Hotze Runkle PLLC, and Bard.

Key inferior vena cava filters market segments
1) By Product: Retrievable Inferior Vena Cava(IVC) Filters, Permanent Inferior Vena Cava(IVC) Filters
2) By Material: Non-Ferromagnetic Materials, Ferromagnetic Materials
3) By Application: Treatment Of Venous Thromboembolism (VTE), Prevention Of Pulmonary Embolism (PE), Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users

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The Inferior Vena Cava Filters Global Market Report 2023  provides a comprehensive overview on the inferior vena cava filters market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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