Catheter-Directed Thrombolysis Market Trends

Growth Drivers

• Increased Prevalence of Obesity - Obesity is a complicated illness caused by an excess of body fat. It's a medical condition that raises the risk of other diseases and health issues like heart disease, diabetes, and certain types of cancer.As per the data released by the World Health Organization (WHO), by 2022, more than one billion people worldwide have effected by obesity, including 650 million adults, 340 million adolescents, and 39 million children. This figure is still steadily increasing.
• Growing Number of Strokes - A stroke occurs when a blood vessel in the brain ruptures and bleeds, or when the blood supply to the brain is cut off. Stroke is the most common reason for severe long-term impairment.For instance, every year, over 12.5 million new strokes occur, out of which, people aged between 15 to 49 account for more than 16% of all stroke cases.
• Upsurge in Chronic Diseases - Globally, the prevalence of chronic diseases and ailments is soaring, which is effecting the life of several people. For instance, by 2020, the prevalence of chronic diseases was increased by 59%.
• Increasing Chronic Kidney Disease (CKD) - Globally, kidney disease is one of the primary causes of death.As per the data released by the Center for Disease Control and Prevention (CDC), approximately 37 million US adults are expected to have chronic kidney disease by 2022, with the majority remaining undiagnosed.
• Increasing Geriatric Population – Aged people are more prone to numerous serious medical conditions and require immediate treatment. According to the data by the United Nations, by 2050, 1 in every 6 people in the world is estimated to be over age of 65 (16%), which is up from one in 11 in 2019 (9%).

Challenges

• Shortage of Advanced Healthcare Infrastructure in Developing Countries
• Risk Coupled with Catheter-Directed Thrombolysis
• Lack of Knowledge About the Procedure