Neurothrombectomy Devices Market Analysis

Product Type (Clot Retrieval Devices, Aspiration Devices, Snares)

The global neurothrombectomy devices market is segmented and analyzed for demand and supply by product type into clot retrieval devices, aspiration devices, and snares. Out of these three types of segments, the clot retrieval devices segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the increasing count of blood clot procedures, coupled with the surging ratio in acute ischemic stroke throughout the world. For instance, in the United States, acute ischemic stroke is one of the major causes of mortality and disability, affecting around 8500 000 individuals annually. Acute ischemic stroke is caused majorly as a result of unhealthy lifestyles of individuals, followed by hypertension, high cholesterol level, diabetes, and so on. Moreover, patients that have a history of transient ischemic attack (TIA) are also highly prone to get an acute ischemic stroke.

End-user (Hospitals, Emergency Clinics, Specialty Clinics, Ambulatory Surgical Centers)

The global neurothrombectomy devices market is also segmented and analyzed for demand and supply by end-user into hospitals, emergency clinics, specialty clinics, and ambulatory surgical centers. Amongst these segments, the hospitals segment is expected to garner a significant share owing to the rising number of hospitals, followed by the high preference of patients to receive medical treatment for brain diseases in hospitals as a result of the presence of skilled professionals and sufficient technical help, which is also predicted to raise the market’s growth in the coming years. Hence, it is anticipated to create numerous opportunities for the growth of the segment in the coming years. On the other hand, the ambulatory surgical centers segment is also projected to witness a massive CAGR during the forecast period, owing to the shorter waiting time duration that is offered by the ambulatory surgical centers to patients, followed by the rising demand for minimally invasive procedures throughout the world. For instance, more than 11 million minimally invasive procedures are performed worldwide each year. Such a staggering ratio of minimally invasive procedures is estimated to further increase the segment’s growth in the market.

Our in-depth analysis of the global market includes the following segments: