Asia Pacific Thrombectomy Devices Market is expected to touch $4.2 Billion by 2021


Posted January 2, 2018 by vickyv

Asia Pacific Thrombectomy Devices Market By Product, And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

 
The Asia Pacific Thrombectomy Devices Market was worth USD 250 million in 2016 and estimated to be growing at a CAGR of 7.5%, to reach USD 360 million by 2021. Thrombectomy Devices involves removal of thrombi by means of surgical procedures in cases of emergency, which can result in blocked blood circulation. Thrombi are blood clots, but in general usage it can refer to any substances which blocks the blood flow and can lead to health issues. It is usually the last resort as long-term hindrance of blood flow to organs can lead to necrosis.

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Some Thrombectomy Devices procedures which are commonly performed are surgical embolectomy, balloon embolectomy and aspiration embolectomy. In balloon embolectomy, catheter is inserted into a blood vessel which has an inflatable balloon at the tip. It is then inserted into a blood clot and inflated, then the balloon is pulled out along with the clot. Some of the risks involved in the procedure are chance of intimal lesions which can give rise to another thrombosis. Surgical embolectomy involves removal of clot by surgical incision into an artery. Aspiration embolectomy involves removing thrombus using suction instead of a balloon. It is a regarded as a quick and effective way for removing thrombi in limb arteries.

The driving factors of Asia-Pacific Thrombectomy Devices market are increasing demand for minimally invasive procedures, rising prevalence of cardiovascular diseases, growing sedentary lifestyle, technological innovations in the medical field and growing geriatric population. Some of the setbacks involved in this market are difficulty in using new equipment, lack of skilled workers and lack of awareness about peripheral vascular diseases.

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The Asia-Pacific Thrombectomy Devices market is segmented on the basis of type into stent retrievers, basket/brush retrievers, coil retrievers, mechanical Thrombectomy Devices, ultrasonic Thrombectomy Devices, aspiration Thrombectomy Devices, and hydrodynamic Thrombectomy Devices. By application the market is segmented into peripheral vascular application, neurovascular application and cardiovascular application. Based on end-users the market is divided into research laboratories & academic institutes, ambulatory surgical centres, hospital surgical centres and others. By diseases the market is divided into coronary diseases, neural diseases and peripheral diseases.

The Asia-Pacific Thrombectomy Devices market is divided based on geography into India, China, Japan, Australia and rest of Asia-Pacific. Asia-Pacific is the fastest growing market globally, owing to factors like large number of patients, increased local manufacturing, growing distribution networks and rising awareness among surgeons about the safety of new equipment. India is the fastest growing region in Asia-Pacific. Factors such as increased incidence of sedentary lifestyle, rising cardiovascular diseases and technological advancements in to medical field is expected to drive the market growth in the region.

Some of the major players in the market include Stryker Corporation (U.S.), Medtronic Plc (U.S.), Boston Scientific Corporation (U.S.), Penumbra, Inc. (U.S.) Johnson & Johnson (U.S.), Terumo Corporation (Japan), Spectranetics Corporation (U.S.), Edwards Lifesciences Corporation (U.S.), Argon Medical Devices, Inc. (U.S.), and Teleflex Incorporated (U.S.)

Market Segmentation

1)Type
• Stent Retrievers
• Basket/Brush Retrievers
• Coil Retrievers
• Mechanical Thrombectomy Devices
• Stent Retrievers
• Coil Retrievers
• Basket/Brush Retrievers
• Ultrasonic Thrombectomy Devices
• Aspiration Thrombectomy Devices
• Hydrodynamic Thrombectomy Devices
• Y-o-Y Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
• Market Share Analysis, By Type

2)Application
• Peripheral Vascular Application
• Neurovascular Application
• Cardiovascular Application
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

3)End-Users
• Research Laboratories & Academic Institutes
• Ambulatory Surgical Centres
• Hospital Surgical Centres
• Other end-users
• Y-o-Y Growth Analysis, By End-Users
• Market Attractiveness Analysis, By End-Users
• Market Share Analysis, By End-Users

4)Diseases
• Coronary Diseases
• Neural Diseases
• Peripheral Diseases
• Y-o-Y Growth Analysis, By Diseases
• Market Attractiveness Analysis, By Diseases
• Market Share Analysis, By Diseases
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Issued By Market data forecast
Country India
Categories Health
Tags market research , thrombectomy devices market
Last Updated January 2, 2018