Thrombectomy Devices Market Research Report
Thrombectomy is a medical terminology for surgical removal of a thrombus or a blood clot from a blood vessel. Thrombus can usually occur in blood vessels and can hamper proper blood circulation within the body, which puts a pressure on the heart. Cerebrovascular accident or stroke is the second leading cause of death in the world. Research and development initiatives are taking place to develop the thrombectomy devices which can effectively remove clots that are blocking proper blood circulation. This report studies the current and future aspects of the thrombectomy devices market.
The report on the global thrombectomy devices market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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KEY PREMIUM INDUSTRY INSIGHTS
- The thrombectomy devices market is growing at a rapid pace during the forecasted period mainly because of increasing development in technology used in thrombectomy devices. The increasing number of patients suffering from stroke is contributing towards market growth.
- In addition, factors like favorable medical reimbursement policies, growing preferences of minimally invasive procedures, and increasing usage of ultrasound technique in vascular treatment are all contributing towards the growth of thrombectomy devices market.
- However, risks involved in used thrombectomy devices, and lack of product differentiation is hampering the market growth. Also, stringent regulations have led to increased product recalls which is acting as a major market restraint.