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Global Neurothrombectomy Devices Market: By Product Type: Vascular Snares, Clot Retrievers, Aspiration/ Suction Devices; By End Use: Hospitals, Ambulatory Surgical Centres, Emergency clinics; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Neurothrombectomy Devices Market Outlook
The global neurothrombectomy devices market was valued at USD 598.8 million in 2020 and is expected to grow at a CAGR of 5.5% during the forecast period of 2023-2028 as a result of the increasing number of incidences of acute ischemic stroke.
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Market Segmentation
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:
- End-Use
- Hospitals
- Ambulatory Surgical Centres
- Emergency Clinics
- Others
- Product Type
- Vascular Snares
- Clot Retrievers
- Aspiration/Suction Devices
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.
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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.
Competitive Landscape
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:
- Medtronic (NYSE: MDT)
- iPhenox Gmbh
- Acandis Gmbh
- Vesalio
- Penumbra, Inc
- Stryker Corporation
- Others
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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, End Use, Region |
| Breakup by Product Type | Vascular Snares, Clot Retrievers, Aspiration/ Suction Devices |
| Breakup by End Use | Hospitals, Ambulatory Surgical Centres, Emergency clinics, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Medtronic, iPhenox Gmbh, Acandis Gmbh, Vesalio, Penumbra, Inc, Stryker Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Neurothrombectomy Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Neurothrombectomy Devices Historical Market (2018-2022)
8.3 Global Neurothrombectomy Devices Market Forecast (2023-2028)
8.4 Global Neurothrombectomy Devices Market by Product Type
8.4.1 Vascular Snares
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Clot Retrievers
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Aspiration/ Suction Devices
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Neurothrombectomy Devices Market by End Use
8.5.1 Hospitals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Ambulatory Surgical Centres
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Emergency clinics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Neurothrombectomy Devices Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Medtronic Plc
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Penumbra, Inc.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Stryker Corporation
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Acandis Gmbh
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Vesalio LLC
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 iPhenox Gmbh
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Neurothrombectomy Devices Market: Key Industry Highlights, 2018 and 2028
2. Global Neurothrombectomy Devices Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Neurothrombectomy Devices Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Neurothrombectomy Devices Historical Market: Breakup by End Use (USD Million), 2018-2022
5. Global Neurothrombectomy Devices Market Forecast: Breakup by End Use (USD Million), 2023-2028
6. Global Neurothrombectomy Devices Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Neurothrombectomy Devices Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Neurothrombectomy Devices Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Neurothrombectomy Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Neurothrombectomy Devices Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Neurothrombectomy Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Neurothrombectomy Devices Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Neurothrombectomy Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Neurothrombectomy Devices Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Neurothrombectomy Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Neurothrombectomy Devices Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Neurothrombectomy Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Neurothrombectomy Devices Market Structure
Key Questions Answered in the Report
In 2020, the global neurothrombectomy devices market attained a value of nearly USD 598.8 million.
The market is projected to grow at a CAGR of 5.5% between 2023 and 2028.
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.
Analyst Review
The global neurothrombectomy devices market attained a value of USD 598.8 million in 2020 driven by the growing prevalence of acute ischemic stroke. Aided by the growing health awareness and growing investment in the medical sector, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product types, the industry can be segmented into vascular snares, clot retrievers, and aspiration/suction devices. On the basis of end-use, the industry can be categorised into hospitals, ambulatory surgical centres, and emergency clinics, among others. The major regional markets for neurothrombectomy devices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above market include Medtronic Plc, iPhenox GmbH, Acandis GmbH, Vesalio LLC, Penumbra, Inc., and Stryker Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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