Market Overview:
The global thrombectomy devices market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.
Thrombectomy devices offer numerous benefits in surrogate endpoints, such as biomarker analysis, infarct size reduction, ST-segment resolution and angiographic thrombolysis in myocardial infarction (TIMI) flow. These devices minimize blood loss and damage caused to the vessel wall during a procedure. Consequently, they find application in treating blood clots present in veins, arteries and capillaries. They are also used to treat pulmonary embolism and peripheral arterial diseases. At present, they are widely available in different sizes and diameters, depending on the affected area. Some of the most frequently used thrombectomy devices procedures are balloon embolectomy, surgical embolectomy and aspiration embolectomy.
Global Thrombectomy Devices Market Trends:
According to the World Health Organization (WHO), chronic diseases are the leading causes of death and disability around the world. Disease rates from these conditions are accelerating significantly on account of hectic schedules, sedentary lifestyles, rising consumption of fast food and the increasing number of individuals who smoke and consume alcohol. This represents one of the key factors propelling the growth of the thrombectomy devices market worldwide. Moreover, the growing geriatric population, along with the escalating demand for minimally invasive (MI) procedures and improving healthcare infrastructure in various countries, is also fueling the growth of the market. Furthermore, the leading manufacturers are increasing their investments in research and development (R&D) activities to introduce technologically advanced thrombectomy devices, which, in turn, is creating a positive outlook for the market. Besides this, favorable medical reimbursements and rising preference of these devices by surgeons for performing image-guided surgeries are anticipated to strengthen the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global thrombectomy devices market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on region, product type, application, and end-user.
Breakup by Product Type:
- Aspiration Thrombectomy Devices
- Mechanical Thrombectomy Devices
- Ultrasonic Thrombectomy Devices
- Others
Breakup by Application:
- Cardiovascular
- Neurovascular
- Peripheral Vascular
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Argon Medical Devices Inc., Boston Scientific Corporation, Edwards Lifesciences Corporation, Johnson & Johnson, Medtronic Plc, Penumbra Inc., Spectranetics Corporation (Koninklijke Philips N.V.), Stryker Corporation, Teleflex Incorporated and Terumo Corporation.
Key Questions Answered in This Report:
- How has the global thrombectomy devices market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global thrombectomy devices market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global thrombectomy devices market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Thrombectomy Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Aspiration Thrombectomy Devices
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mechanical Thrombectomy Devices
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Ultrasonic Thrombectomy Devices
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 Cardiovascular
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Neurovascular
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Peripheral Vascular
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End User
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ambulatory Surgical Centers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Argon Medical Devices Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Boston Scientific Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Edwards Lifesciences Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Johnson & Johnson
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Medtronic Plc
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Penumbra Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Spectranetics Corporation (Koninklijke Philips N.V.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Stryker Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Teleflex Incorporated
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Terumo Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Thrombectomy Devices Market: Major Drivers and Challenges
Figure 2: Global: Thrombectomy Devices Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Thrombectomy Devices Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Thrombectomy Devices Market: Breakup by Product Type (in %), 2020
Figure 5: Global: Thrombectomy Devices Market: Breakup by Application (in %), 2020
Figure 6: Global: Thrombectomy Devices Market: Breakup by End User (in %), 2020
Figure 7: Global: Thrombectomy Devices Market: Breakup by Region (in %), 2020
Figure 8: Global: Thrombectomy Devices (Aspiration Thrombectomy Devices) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Thrombectomy Devices (Aspiration Thrombectomy Devices) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Thrombectomy Devices (Mechanical Thrombectomy Devices) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Thrombectomy Devices (Mechanical Thrombectomy Devices) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Thrombectomy Devices (Ultrasonic Thrombectomy Devices) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Thrombectomy Devices (Ultrasonic Thrombectomy Devices) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Thrombectomy Devices (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Thrombectomy Devices (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Thrombectomy Devices (Cardiovascular) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Thrombectomy Devices (Cardiovascular) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Thrombectomy Devices (Neurovascular) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Thrombectomy Devices (Neurovascular) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Thrombectomy Devices (Peripheral Vascular) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Thrombectomy Devices (Peripheral Vascular) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Thrombectomy Devices (Hospitals and Clinics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Thrombectomy Devices (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Thrombectomy Devices (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Thrombectomy Devices (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Thrombectomy Devices (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Thrombectomy Devices (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: North America: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: North America: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Thrombectomy Devices Market: Breakup by Country (in %), 2020
Figure 31: United States: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: United States: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Canada: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Canada: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Asia-Pacific: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Asia-Pacific: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Asia-Pacific: Thrombectomy Devices Market: Breakup by Country (in %), 2020
Figure 38: China: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Japan: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Japan: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: South Korea: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: South Korea: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Australia: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Australia: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Indonesia: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Indonesia: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Others: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Others: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Europe: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Europe: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Europe: Thrombectomy Devices Market: Breakup by Country (in %), 2020
Figure 55: Germany: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Germany: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: France: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: France: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: United Kingdom: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: United Kingdom: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Italy: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Italy: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Spain: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Spain: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Russia: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Russia: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Latin America: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Latin America: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Latin America: Thrombectomy Devices Market: Breakup by Country (in %), 2020
Figure 72: Brazil: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Brazil: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Mexico: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Mexico: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Others: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Others: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Middle East and Africa: Thrombectomy Devices Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Middle East and Africa: Thrombectomy Devices Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Middle East and Africa: Thrombectomy Devices Market: Breakup by Country (in %), 2020
Figure 81: Global: Thrombectomy Devices Industry: SWOT Analysis
Figure 82: Global: Thrombectomy Devices Industry: Value Chain Analysis
Figure 83: Global: Thrombectomy Devices Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Thrombectomy Devices Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Thrombectomy Devices Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Thrombectomy Devices Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Thrombectomy Devices Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 5: Global: Thrombectomy Devices Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Thrombectomy Devices Market: Competitive Structure
Table 7: Global: Thrombectomy Devices Market: Key Players