Global Mechanical Thrombectomy Devices Market

Report ID : 1212 | Published : 2022-03-25 | Pages: | Format:

The global Mechanical Thrombectomy Devices market size was accounted at USD 1.26 Bn in 2021; It is projected to grow at a compound annual growth rate (CAGR) of 6.9% from 2022 to 2030. 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.

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.

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). Stent retriever devices are projected to hold a significant market share in the coming years due to the surging demand for these 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. The stroke segment is expected to lead the market during the forecast period. By end-user, the market is grouped into hospitals, ambulatory surgical centers, specialty clinics, and academic & research institutes. 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.

Some of the key players operating in the mechanical thrombectomy devices market are 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.

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

4.6. Installed Base - 2019

4.6.1. AngioJe Coronary Thrombectomy System

4.6.2. AngioJet Peripheral Thrombectomy System

4.6.3. CLEANER Rotational Thrombectomy System

4.6.4. ClotTriever Thrombectomy System

4.6.5. EkoSonic Endovascular System

4.7. Global Epidemiology Analysis by Key Country 2019

4.7.1. Stroke

4.7.2. Deep Vein Thrombosis (DVT)

4.7.3. Pulmonary Embolism (PE)

4.7.4. Arteriovenous fistula (AVF)

4.7.5. Peripheral Arterial Disease (PAD)

4.7.6. Dialysis (AV Fistula and AV Graft)

4.7.7. Percutaneous coronary intervention (PCI)

Chapter 5. Market Segmentation 1: Product Type Estimates & Trend Analysis

5.1. Product Type & Market Share, 2018 & 2028

5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2018 to 2028 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, 2018 & 2028

6.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2018 to 2028 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, 2018 & 2028

7.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2018 to 2028 for the following End-user:

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, 2019-2030

8.1.2. North America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Application Type, 2019-2030

8.1.3. North America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by End-user, 2019-2030

8.1.4. North America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2019-2030

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, 2019-2030

8.2.2. Europe Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Application Type, 2019-2030

8.2.3. Europe Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by End-user, 2019-2030

8.2.4. Europe Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) by country, 2019-2030

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, 2019-2030

8.3.2. Asia Pacific Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Application Type, 2019-2030

8.3.3. Asia Pacific Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by End-user, 2019-2030

8.3.4. Asia Pacific Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) by country, 2019-2030

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, 2019-2030

8.4.2. Latin America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Application Type, 2019-2030

8.4.3. Latin America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by End-user, 2019-2030

8.4.4. Latin America Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2019-2030

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, 2019-2030

8.5.2. MEA Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by Application Type, 2019-2030

8.5.3. MEA Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by End-user, 2019-2030

8.5.4. MEA revenue Mechanical Thrombectomy Devices Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2019-2030

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, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • Coil Retriever Devices
  • Stent Retriever Devices
  • Aspiration Devices
  • Manual Thrombectomy Devices
  • Others (Ultrasound Based Devices)

Global Mechanical Thrombectomy Devices Market, by Application Type, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • Stroke
  • Deep Vein Thrombosis (DVT)
  • Pulmonary Embolism (PE)
  • Arteriovenous fistula (AVF)
  • Peripheral Arterial Disease (PAD)
  • Haemodialysis Treatments
  • Percutaneous coronary intervention (PCI)
  • Others

Global Mechanical Thrombectomy Devices Market, by End-user, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Academic & Research Institutes

Global Mechanical Thrombectomy Devices Market, by Region, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

North America Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • U.S.
  • Canada

Europe Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

Asia Pacific Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa Mechanical Thrombectomy Devices Market, by Country, 2022-2030 (Value US$ Mn and Volume No. of Units)

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Landscape

  • Company Overview
  • Financial Performance
  • Key Development

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:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

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: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

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.

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Mechanical Thrombectomy Devices Market worth $ 2.27 Billion by 2030

CAGR of 6.9% during a forecast period.

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