The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global thrombectomy devices market size is expected to grow from $1.34 billion in 2022 to $1.46 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The global thrombectomy devices market size is expected to reach $1.95 billion in 2027 at a CAGR of 7.5%.

North America held the largest thrombectomy devices market share, and Asia-Pacific was the fastest-growing region in 2022.

Thrombectomy Devices Market Driver
An increase in the incidence of cardiovascular diseases is expected to propel the growth of the thrombectomy devices market going forward. Cardiovascular diseases (CVDs) are a group of disorders that affect the heart and blood vessels, including coronary artery disease, heart failure, and arrhythmias. Thrombectomy is a procedure used to remove blood clots that have formed within blood vessels, including those in cardiovascular diseases such as acute ischemic stroke and acute myocardial infarction (heart attack); as a result, an increase in the incidence of cardiovascular diseases increases the demand for thrombectomy devices. For instance, in January 2023, according to a report shared by the American Heart Association, a US-based non-profit organization that supports cardiovascular medical research, 928,741 people died in the United States in 2020 as a result of cardiovascular disease (CVD), which was reported as the primary cause of death. Worldwide mortality from CVD was estimated at 19.05 million in 2020. Therefore, an increase in the incidence of cardiovascular disease devices is driving the growth of the thrombectomy devices market.

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Prominent Thrombectomy Devices Market Trend
Technological advancements are a key trend gaining popularity in the thrombectomy devices market. Companies operating in the thrombectomy devices market are adopting new technologies to sustain their position in the market. For instance, in February 2022, CERENOVUS, a US-based company engaged in neurovascular care and part of Johnson & Johnson Medical Devices Companies, launched EMBOGUARD, a next-generation balloon guide catheter. This is used in endovascular procedures, including those for patients with acute ischemic stroke. EMBOGUARD is the latest addition to join CERENOVUS Stroke Solutions, a suite of technologies designed with compatibility in mind to assist physicians in performing mechanical thrombectomy procedures. The EMBOGUARDTM Balloon Guide Catheter is intended to improve clot clearance by regulating blood flow locally during MT operations. Balloon guide catheters improve first-pass recanalization, shorten the surgery, and lower the likelihood of clot fragments breaking off and generating distant emboli.

Thrombectomy Devices Market Prominent Players
Major players in the thrombectomy devices market are Stryker Corporation, Medtronic Plc., Boston Scientific Corporation, Johnson and Johnson, Terumo Corporation, Penumbra Inc., Edwards Lifesciences Corporation, Argon Medical Devices Inc., Teleflex Incorporated, Argon Medical Devices Inc.

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Key Thrombectomy Devices Market Segments
1) By Product Type: Aspiration Thrombectomy Devices, Mechanical Thrombectomy Devices, Ultrasonic Thrombectomy Devices, Other Product Types
2) By Application: Cardiovascular Application, Peripheral Application, Neurovascular Application
3) By End-User: Hospitals, Surgical centers, Ambulatory, Academia, Contract Research Organizations (CROs)

The Thrombectomy Devices Global Market Report 2023  provides a comprehensive overview on the thrombectomy devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the thrombectomy devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Catheters Global Market Report 2023
Peripheral IV Catheters Global Market Report 2023
Intravascular Catheters Global Market Report 2023

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