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The global neurothrombectomy devices market was valued at USD 703.14 million in 2023 and is expected to grow at a CAGR of 5.5% during the forecast period of 2024-2032 as a result of the increasing number of incidences of acute ischemic stroke.
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Neurothrombectomy devices are used in cerebral neurovasculature to retrieve blood clotting. It reduces the patient mortality rate.
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The neurothrombectomy devices market can be broadly categorized based on:
The EMR report looks into the regional markets of neurothrombectomy devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The global neurothrombectomy devices market is being driven by the rising unhealthy lifestyle of individuals, along with the growing awareness about diseases. The other factors leading to the growth of the industry are technological advancements, rising population consciousness, and increasing rate of acute ischemic strokes.
Europe is the largest market shareholder in the industry due to the rising number of patients suffering from acute ischemic stroke, increasing endorsements for neurothrombectomy devices, and the launch of new products by companies. North America is expected to grow significantly in the forecast period as a result of technological advancements, increasing cases of ischemic stroke, and the growing demand for insignificantly intrusive surgeries.
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The report presents a detailed analysis of the following key players in the global neurothrombectomy devices market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the neurothrombectomy devices market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Supplier Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global neurothrombectomy devices market attained a value of nearly USD 703.14 million.
The market is projected to grow at a CAGR of 5.5% between 2024 and 2032.
The major drivers of the industry such as unhealthy lifestyle, growing health awareness, growing investment in the medical sector, and demand for minimally invasive surgeries are expected to aid the market growth.
Growing technological advancements and the increasing number of incidences of acute ischemic stroke are the key market trends guiding the growth of the market.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share in the market.
Vascular snares, clot retrievers, and aspiration/suction devices are the major product types in the industry.
The significant end-use segments of the product include hospitals, ambulatory surgical centres, and emergency clinics, among others.
The major players in the industry are Medtronic Plc, iPhenox GmbH, Acandis GmbH, Vesalio LLC, Penumbra, Inc., and Stryker Corporation, among others.
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