Global Mechanical Thrombectomy Devices Market Growth By Top Leading Players | Medtronic, Stryker, PenumbraPosted by Tejashri Khade on December 13th, 2022 A common health concern that requires immediate medical attention is blood clots. Mechanical thrombectomy devices are used in procedures used to treat arterial blockages caused by blood clots. A mechanical thrombectomy can be used to treat ischemic stroke, pulmonary embolism (PE), and deep vein thrombosis (DVT). The rising cases of stroke, venous thromboembolism (deep vein thrombosis & pulmonary embolism), approval/launch of novel mechanical thrombectomy devices, favorable clinical trial outcomes with mechanical thrombectomy, and acquisitions by leading players to fortify their vascular portfolio, and treat patients with blood clots are some of the important factors driving the global mechanical thrombectomy devices market. However, some of the crucial factors that are likely to hamper its development are inadequate specialists and limited awareness and education of both the physicians and the patients. Technological Advancements in Mechanical Thrombectomy Devices Drives the Mechanical Thrombectomy Devices Market Technological advancements are expected to boost the mechanical thrombectomy devices market. For instance,
“Existing mechanical thrombectomy treatment options do not adequately treat VTE for several reasons. Most current mechanical thrombectomy devices are designed to aspirate fresher arterial clot, which is small and soft. As a result, these devices can be inadequate and ineffective for removing the larger, older clots associated with VTE.” - General Manager, Commercial-stage Medical Device Company, APAC Explore Premium Report on Mechanical Thrombectomy Devices Market @ https://meditechinsights.com/mechanical-thrombectomy-devices-market/ Covid-19 Impact on the Mechanical Thrombectomy Devices Market In 2020, the number of elective procedures reduced significantly due to Covid-19 which resulted in a decline in the market. There are various plausible reasons for the apparent reduction in mechanical thrombectomy performance between 2020-2021:
However, towards the end of 2021 fourth quarter, companies witnessed the pressure from COVID-19 gradually alleviated and businesses are now trending close to normalized run rates. Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold in Mechanical Thrombectomy Devices Market The players operating in the mechanical thrombectomy devices market adopted both organic and inorganic growth strategies such as acquisitions and new product launches to garner market share. For instance,
The outlook for the mechanical thrombectomy devices market looks promising due to the increasing geriatric population and cases of stroke, venous thromboembolism, technological developments in mechanical thrombectomy devices, strong product pipeline, established coding & payments for mechanical thrombectomy in key markets such as the U.S. and growing awareness about mechanical thrombectomy due to patient advocacy groups and clinical society support. Competitive Landscape Analysis of Mechanical Thrombectomy Devices Market The global mechanical thrombectomy devices market is marked by the presence of players such as Medtronic, Stryker, Penumbra, Boston Scientific, AngioDynamics, Control Medical, Inari Medical, among others. For More Detailed Insights, Contact Us @ https://meditechinsights.com/contact-us/ About Medi-Tech Insights Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services. Contact: Ruta Halde Associate, Medi-Tech Insights +32 498 86 80 79 info@meditechinsights.com Like it? Share it!More by this author |