Thrombectomy Devices Market Report 2025 (Global Edition)

Global Thrombectomy Devices Market Report 2024 Market Size Split by Type Outlook: (Aspiration Devices, Mechanical Devices, Ultrasonic Devices, Other Thrombectomy Devices), by Application Outlook: (Car...

Thrombectomy Devices Market Report Description

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Thrombectomy Devices Market Insights Video

Competitive Landscape of the Thrombectomy Devices Market

In the competitive landscape of the Thrombectomy Devices market, several important competitors compete for market share and innovation. These firms provide a variety of thrombectomy devices meant to remove blood clots from arteries and veins, improving patient outcomes in situations such as stroke and deep vein thrombosis. The market is very competitive, with businesses investing in R&D to introduce enhanced thrombectomy devices with higher efficacy and safety profiles.

February, 2024, Endovascular Engineering Inc., one of the leading medical device firms advancing clot removal solutions for venous thromboembolism (VTE), has announced the enrollment and treatment of the first patient in the pivotal phase of its ENGULF US clinical study. This IDE experiment will assess the effectiveness and safety of the H?lo PE thrombectomy system, a new method for treating pulmonary embolism (PE). (Source: https://www.financialexpress.com/business/healthcare-am-naik-madhusudan-kela-others-invest-in-s3v-vascular-technologies-3425759/) March 2024, L&T chairman emeritus A M Naik, investors such as Madhusudan Kela and Utpal Sheth, and other high-net-worth individuals have invested in medical device company S3V Vascular Technologies Ltd to assist it in establishing a facility for developing neurovascular devices to treat strokes. (Source: https://evtoday.com/news/endovascular-engineerings-helo-thrombectomy-system-receives-ide-approval-for-engulf-pivotal-trial-to-treat-pe

Top Companies Market Share in Thrombectomy Devices Industry: (In no particular order of Rank)

• Argon Medical Devices Inc.
• Boston Scientific Corporation
• Edwards Lifesciences Corporation
• Johnson & Johnson
• Medtronic Plc
• Penumbra Inc.
• Spectranetics Corporation (Koninklijke Philips N.V.)
• Stryker Corporation
• Teleflex Incorporated
• Terumo Corporation
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Thrombectomy Devices Market

Which Region Dominates the Thrombectomy Devices Market in 2024?

According to Cognitive Market Research, North America dominated the thrombectomy device market in 2023 and is expected to continue to do so during the forecast period, owing to an increase in advanced healthcare facilities, a rise in the prevalence of neurological disorders, an increase in the number of thrombectomy device approvals, an increase in the number of surgical procedures, and an increase in the presence of key players. Furthermore, cardiovascular disease and acute ischemic stroke have a high prevalence in the United States.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is predicted to have the highest CAGR from 2023 to 2032, owing to its huge patient population, increased government insurance coverage in emerging nations, and increased approval of new novel embolization and mechanical thrombectomy devices.

The current report Scope analyzes Thrombectomy Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Thrombectomy Devices

According to Cognitive Market Research, the global Thrombectomy Devices market size was estimated at USD 1654.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 661.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Thrombectomy Devices market with a market size of USD 522.07 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. In the US, the Thrombectomy Devices market is influenced by factors such as the prevalence of cardiovascular diseases.
• The Canada Thrombectomy Devices market had a market share of USD 79.40 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Canada's technological advancements.
• The Mexico Thrombectomy Devices market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 60.21 million in 2024.

Europe Thrombectomy Devices

According to Cognitive Market Research, the global Thrombectomy Devices market size was estimated at USD 1654.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 496.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• The United Kingdom Thrombectomy Devices market had a market share of USD 83.37 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK, Thrombectomy Devices sales witness an upswing due to the nation's aging population.
• The France Thrombectomy Devices market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 45.66 million in 2024.
• According to Cognitive Market Research, the German Thrombectomy Devices market size was valued at USD 98.26 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany, Thrombectomy Devices surged due to increasing awareness of the benefits of thrombectomy procedures.
• The Italy Thrombectomy Devices market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 42.68 million in 2024.
• The Russia Thrombectomy Devices market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 76.92 million in 2024.
• The Spain Thrombectomy Devices market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 40.69 million in 2024
• The Luxembourg Thrombectomy Devices market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 15.38 million in 2024.
• The Portugal Thrombectomy Devices market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 10.42 million in 2024.
• The Greece Thrombectomy Devices market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 5.96 million in 2024.
• Rest of Europe's Thrombectomy Devices market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 76.92 million in 2024.

Asia Pacific Thrombectomy Devices

According to Cognitive Market Research, the global Thrombectomy Devices market size was estimated at USD 1654.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 380.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Thrombectomy Devices market size was valued at USD 171.21 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Thrombectomy Devices surged in China due to the prevalence of cardiovascular diseases
• The Japan Thrombectomy Devices market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 52.50 million in 2024.
• The India Thrombectomy Devices market had a market share of USD 45.66 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. India's aging population.
• The South Korean Thrombectomy Devices market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 38.05 million in 2024.
• The Australian Thrombectomy Devices market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 19.78 million in 2024.
• The South East Asia Thrombectomy Devices market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 26.25 million in 2024.
• The Rest of Asia Pacific Thrombectomy Devices market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 27.01 million in 2024.

South America Thrombectomy Devices

According to Cognitive Market Research, the global Thrombectomy Devices market size was estimated at USD 1654.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 82.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Thrombectomy Devices market size was valued at USD 35.40 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Thrombectomy Devicess flourished in Brazil due to the country's robust healthcare infrastructure.
• Argentina's Thrombectomy Devices market had a market share of USD 13.90 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Argentina's increasing investment in medical technology.
• Colombia Thrombectomy Devices market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 7.36 million in 2024.
• Peru Thrombectomy Devices market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 6.78 million in 2024.
• Chile Thrombectomy Devices market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 5.96 million in 2024.
• The Rest of Latin America's Thrombectomy Devices market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 13.32 million in 2024.

Middle East and Africa Thrombectomy Devices

According to Cognitive Market Research, the global Thrombectomy Devices market size was estimated at USD 1654.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 33.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..

• The GCC Countries Thrombectomy Devices market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 14.16 million in 2024. Thrombectomy Devices sales flourish due to advancements in medical technology.
• The Egypt Thrombectomy Devices market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 3.47 million in 2024.
• The South Africa Thrombectomy Devices market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 5.23 million in 2024. Thrombectomy Devices sales flourish in South Africa due to increasing awareness about thrombectomy procedures.
• The Turkey Thrombectomy Devices market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 2.85 million in 2024.
• The Nigeria Thrombectomy Devices market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 3.47 million in 2024.
• The Rest of MEA Thrombectomy Devices market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 3.90 million in 2024.

Thrombectomy Devices Market Analysis

How are Segments Performing in the Global Thrombectomy Devices Market?

Thrombectomy Devices Market Type Segment Analysis

According to Cognitive Market Research, Aspiration devices have emerged as the most popular type in the worldwide thrombectomy device market. These devices provide a vacuum effect, which directly suctions the blood clot or thrombus from the afflicted blood vessel. The prominence of aspiration devices can be linked to their ability to remove blood clots and restore circulation quickly. Furthermore, they are quite simple to administer and have produced positive therapeutic outcomes. Healthcare providers are increasingly using aspiration devices to treat acute ischemic stroke and other vascular occlusions, which has contributed significantly to their market dominance.

Mechanical thrombectomy devices have emerged as the most rapidly developing type in the global market. These devices often use a mechanical mechanism, such as a revolving wire or a retriever, to physically fragment or trap the blood clot and remove it. Mechanical devices provide advantages such as accurate clot targeting, high clot retrieval rates, and shorter process times. The expanding body of clinical evidence supporting mechanical thrombectomy devices' efficacy, notably in the treatment of acute ischemic stroke, is driving their increased acceptance

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Thrombectomy Devices Industry. Request a Free Sample PDF!

Thrombectomy Devices Market Application Segment Analysis

According to Cognitive Market Research, Cardiovascular applications dominated the global market. Cardiovascular thrombectomy devices are designed to remove blood clots in the arteries or veins of the heart, which can cause illnesses such as heart attacks or deep vein thrombosis (DVT).

The neurovascular thrombectomy device sector is the fastest-growing application utilized to treat blood clots in the brain's blood arteries. It has shown substantial growth and advancement in recent years. These devices are used in operations like mechanical thrombectomy to treat ischemic strokes caused by blood artery blockages in the brain.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manjiri Kanhere

Senior Research Associate at Cognitive Market Research

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Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.

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