Global Thrombectomy Devices market is expected to reach USD 1.6 Billion by 2023.

Posted by miky santhosh on August 30th, 2018

Market Overview:

In the year 2018 Global Thrombectomy Devices Market was valued at USD 1.12 billion. By the year 2023, it is predicted to reach USD 1.6 billion with pace of 7.4% CAGR.

Thrombectomy devices are used to treat blood clots present in the arteries, veins, and capillaries. Thethrombectomy devices are mainly used in the surgeries to remove blood clots which are blocking the blood circulation in the human body. These devices are used to treat various chronic diseases like acute myocardial infraction, peripheral arterial diseases, deep vein thrombosis, pulmonary embolism, and neurovascular thrombosis conditions.

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Factors affecting market growth:

•          Growing geriatric population across the globe. (+)
•          Increasing prevalence of cerebrovascular and cardiovascular diseases. (+)
•          Technological advancements in minimally invasive surgeries. (+)
•          Favorable reimbursement policies. (+)
•          Improving healthcare infrastructure in the developing countries. (+)
•          Increasing demand for thrombectomy devices. (+)
•          Strict regulatory policies. (-)
•          Lack of awareness about thrombectomy treatments among global population. (-)

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