Thrombectomy Devices Market Size
Market Outlook:
Thrombectomy Devices Market crossed USD 1.54 Billion in 2023 and is set to reach USD 2.93 Billion by end of the year 2032, observing around 7.4% CAGR between 2024 and 2032.
Base Year Value (2023)
USD 1.54 Billion
19-23
x.x %
24-32
x.x %
CAGR (2024-2032)
7.4%
19-23
x.x %
24-32
x.x %
Forecast Year Value (2032)
USD 2.93 Billion
19-23
x.x %
24-32
x.x %
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:The Thrombectomy Devices Market is expected to witness significant growth in the coming years, driven by factors such as increasing prevalence of cardiovascular diseases, rising geriatric population, and advancements in technology leading to the development of innovative thrombectomy devices.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Product Type, End-use Type |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Abbott Laboratories, Acandis, Angio Dynamics, Boston Scientific, Cook Medical, Edwards Lifesciences, Johnsen & Johnsen Services, Koninklijke Philips NV, Lemaitre Vascular, Medtronic Plc., Penumbra, Stryker, Teleflex Incorporated, Terumo, Weigao Group |
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The high cost associated with thrombectomy procedures and devices is a major restraint for the market. Additionally, limited awareness about thrombectomy procedures among healthcare professionals and patients could hinder market growth in the foreseeable future.
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