(PharmaNewsWire.Com, May 25, 2017 ) According to Publisher, the Global Thrombectomy Devices market is estimated at $0.98 billion in 2016 and is expected to reach $1.53 billion by 2022 growing at a CAGR of 7.7% from 2016 to 2022. Rising healthcare expenditure from developing nations and increasing cardiovascular diseases in recent years are the key factors driving the market growth. Stringent government regulations imposed on devices and lack of awareness among the patients are the factors hampering the market. Whereas huge investments flow for research and development activities seem to be opportunity factor for the market.
Peripheral Vascular Applications segment is expected to move with highest CAGR during forecast period because of the favourable reimbursement policies imposed by various governments on peripheral procedures. By Product, Ultrasonic Thrombectomy Devices is expected to grow at highest CAGR during forecast period owing to the high rate of adoption by medical surgeons. Asia Pacific region is expected to show lucrative growth rate owing to technological advancements in developing economies like India, China & Indonesia and increasing demand for minimal invasive surgeries.
Some of the key players in the market include Stryker Corporation, Boston Scientific Corporation, Medtronic PLC, Terumo Corporation, Johnson & Johnson, Penumbra, Inc., Spectranetics Corporation, Teleflex Incorporated, Argon Medical Devices, Inc., Edwards Lifesciences Corporation, Straub Medical AG, BTG International, Phenox GmbH, Acandis GmbH Co. & Kg and Merit Medical Systems, Inc.
End Users Covered: -Ambulatory Surgical Centers -Hospitals and Surgical Centers -Research Laboratories and Academic Institutes -Other End Users
Regions Covered: -North America-US-Canada-Mexico -Europe-Germany-France-Italy-UK -Spain -Rest of Europe -Asia Pacific-Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World-Middle East-Brazil-Argentina-South Africa-Egypt
Company Profiling 10.1 Stryker Corporation 10.2 Boston Scientific Corporation 10.3 Medtronic PLC 10.4 Terumo Corporation 10.5 Johnson & Johnson 10.6 Penumbra, Inc. 10.7 Spectranetics Corporation 10.8 Teleflex Incorporated 10.9 Argon Medical Devices, Inc. 10.10 Edwards Lifesciences Corporation 10.11 Straub Medical AG 10.12 BTG International 10.13 Phenox GmbH 10.14 Acandis GmbH Co. & Kg 10.15 Merit Medical Systems, Inc.
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