Mechanical thrombectomy devices market is valued at 1.51 Bn in 2024 and is predicted to reach 2.99 Mn by the year 2034 at a 7.2% CAGR during the forecast period for 2025-2034.
Mechanical thrombectomy devices consist of endovascular tools for removing clots from the blood vessels. These devices are available in different sizes and diameters, depending on the affected area. Mechanical thrombectomy is an advanced treatment option for ischemic stroke patients.
Key Industry Insights & Findings from the Report:
Multiple factors that drive the growth of the mechanical thrombectomy devices market are the increasing prevalence of stroke and cardiovascular diseases, rising life expectancy, procedural benefits offered by mechanical thrombectomy in cardiac surgeries, growing demand for minimally invasive surgeries, advancements in medical technologies, favorable government reimbursement policies, and the rising government expenditure for healthcare services. Furthermore, the growing FDA approvals are propelling the growth of the market. For instance, in December 2019, Vascular Medcure, Inc. received FDA clearance for its latest CAPERE Thrombectomy System, a mechanical device for treating deep vein thrombosis (DVT). The increasing prevalence of stroke worldwide leads to increased demand for efficient and innovative products, which is expected to drive the mechanical thrombectomy device market during the projected period. However, the strict regulatory policies and the lack of patient awareness about peripheral vascular diseases may restrain the market’s growth.
Competitive Landscape:
Some of the key players operating in the mechanical thrombectomy devices market:
The Mechanical thrombectomy devices market is classified based on the product type, application type, end-user, and region. The product type segment is categorized into coil retriever devices, stent retriever devices, aspiration devices, manual thrombectomy devices, and others (ultrasound-based devices). By application type, the market is divided into the stroke, deep vein thrombosis (DVT), pulmonary embolism (PE), arteriovenous fistula (AVF), peripheral arterial disease (PAD), hemodialysis treatments, percutaneous coronary intervention (PCI), and others. By end-user, the market is grouped into hospitals, ambulatory surgical centers, specialty clinics, and academic & research institutes.
Stent retriever devices are projected to hold a significant market share in the coming years due to the surging demand for these devices.
The hospitals segment is estimated to dominate this market over the forecast years due to the better reimbursement policies for hospital-based interventions and increasing demand for minimally invasive surgical procedures.
Geographically, the market is studied across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is anticipated to register a maximum share in the global mechanical thrombectomy devices market during the projected period. Factors such as the quick adoption of technically advanced products, increasing cardiac patients, growing demand for minimally invasive surgeries, availability of well-developed healthcare facilities, and rising healthcare expenditure contribute to the high market share.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 1.51 billion |
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Revenue Forecast In 2034 |
USD 2.99 billion |
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Growth rate CAGR |
CAGR of 7.2% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Billion and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
Type, Application, End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; South Korea; South East Asia |
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Competitive Landscape |
Boston Scientific Corporation, Straub Medical AG, AngioDynamics, Acandis GmbH, NIPRO, Medtronic, MicroVention, Inc., Stryker Corporation, Phenox GmbH, Penumbra, Inc., Balt Extrusion, Medrad Inc. (Bayer HealthCare LLC), Johnson & Johnson, Rapid Medical Inc., and Anaconda Biomed SL, Imperative Care Inc., Vascular Medcure, Inc., and Others |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Mechanical Thrombectomy Devices Market Snapshot
Chapter 4. Global Mechanical Thrombectomy Devices Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Market Dynamics - Drivers
4.3. Challenges/Restraints
4.4. Market Trends
4.5. Industry Analysis – Porter’s Five Forces Analysis
Chapter 5. Market Segmentation 1: Product Type Estimates & Trend Analysis
5.1. Product Type & Market Share, 2024 & 2034
5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2021 to 2034 for the following Product Type:
5.2.1. Coil Retriever Devices
5.2.2. Stent Retriever Devices
5.2.3. Aspiration Devices
5.2.4. Manual Thrombectomy Devices
5.2.5. Others (Ultrasound Based Devices)
Chapter 6. Mechanical Thrombectomy Devices Market Segmentation 2: Application Estimates & Trend Analysis
6.1. Application Analysis & Market Share, 2024 & 2034
6.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2021 to 2034 for the following Application:
6.2.1. Stroke
6.2.2. Deep Vein Thrombosis (DVT)
6.2.3. Pulmonary Embolism (PE)
6.2.4. Arteriovenous fistula (AVF)
6.2.5. Peripheral Arterial Disease (PAD)
6.2.6. Haemodialysis Treatments
6.2.7. Percutaneous coronary intervention (PCI)
6.2.8. Others
Chapter 7. Mechanical Thrombectomy Devices Market Segmentation 2: End-user Estimates & Trend Analysis
7.1. End-user Analysis & Market Share, 2024 & 2034
7.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2021–2034 for the following end-users:
7.2.1. Hospitals
7.2.2. Ambulatory Surgical Centers
7.2.3. Specialty Clinics
7.2.4. Academic & Research Institutes
Chapter 8. Mechanical Thrombectomy Devices Market Segmentation 3: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Product Type, 2021-2034
8.1.2. North America Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by Application Type, 2021-2034
8.1.3. North America Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by End-user, 2021-2034
8.1.4. North America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2021-2034
8.1.4.1. U.S.
8.1.4.2. Canada
8.2. Europe
8.2.1. Europe Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Product Type, 2021-2034
8.2.2. Europe Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by Application Type, 2021-2034
8.2.3. Europe Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by End-user, 2021-2034
8.2.4. Europe Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2021-2034
8.2.4.1. Germany
8.2.4.2. Poland
8.2.4.3. France
8.2.4.4. Italy
8.2.4.5. Spain
8.2.4.6. UK
8.2.4.7. Rest of Europe
8.3. Asia Pacific
8.3.1. Asia Pacific Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Product Type, 2021-2034
8.3.2. Asia Pacific Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by Application Type, 2021-2034
8.3.3. Asia Pacific Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by End-user, 2021-2034
8.3.4. Asia Pacific Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2021-2034
8.3.4.1. China
8.3.4.2. India
8.3.4.3. Japan
8.3.4.4. Australia
8.3.4.5. Rest of Asia Pacific
8.4. Latin America
8.4.1. Latin America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Product Type, 2021-2034
8.4.2. Latin America Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by Application Type, 2021-2034
8.4.3. Latin America Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by End-user, 2021-2034
8.4.4. Latin America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2021-2034
8.4.4.1. Brazil
8.4.4.2. Rest of Latin America
8.5. MEA
8.5.1. MEA Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Product Type, 2021-2034
8.5.2. MEA Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by Application Type, 2021-2034
8.5.3. MEA Mechanical Thrombectomy Devices Market revenue (US$ Million) estimates and forecasts by End-user, 2021-2034
8.5.4. MEA revenue Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2021-2034
8.5.4.1. South Africa
8.5.4.2. Rest of MEA
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Boston Scientific Corporation
9.2.1.1. Company Overview
9.2.1.2. Financials
9.2.1.3. Product portfolio
9.2.1.4. Business strategy & Recent developments
9.2.2. Straub Medical AG
9.2.3. AngioDynamics
9.2.4. Acandis GmbH
9.2.5. NIPRO
9.2.6. Medtronic
9.2.7. MicroVention, Inc.
9.2.8. Stryker Corporation
9.2.9. Phenox GmbH
9.2.10. Penumbra, Inc.
9.2.11. Balt Extrusion
9.2.12. Medrad Inc. (Bayer HealthCare LLC)
9.2.13. Johnson & Johnson
9.2.14. Rapid Medical Inc.
9.2.15. Anaconda Biomed SL
9.2.16. Imperative Care Inc.
9.2.17. Vascular Medcure, Inc.
8.3. List of Other Prominent Players
Global Mechanical Thrombectomy Devices Market, by Product Type
Global Mechanical Thrombectomy Devices Market, by Application Type
Global Mechanical Thrombectomy Devices Market, by End-user
Global Mechanical Thrombectomy Devices Market, by Region
North America Mechanical Thrombectomy Devices Market, by Country
Europe Mechanical Thrombectomy Devices Market, by Country
Asia Pacific Mechanical Thrombectomy Devices Market, by Country
Latin America Mechanical Thrombectomy Devices Market, by Country
Middle East & Africa Mechanical Thrombectomy Devices Market, by Country
Competitive Landscape
Latest Strategic Developments
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
