Neurothrombectomy Devices Market Share: Exploring Opportunities with Market Size and Growth Projections
According to a report by TechSci Research, the global?neurothrombectomy devices market?is expected to experience steady growth over the next five years. These devices are used to reduce the impact of acute ischemic stroke, which is a common type of stroke that decreases oxygen supply to the brain, damaging brain cells. Neurothrombectomy devices destroy or reduce blood clots in cerebral neurovasculature, leading to lower mortality rates and improved functional outcomes. Government initiatives promoting healthy lifestyles are expected to minimize the occurrence of strokes. Additionally, neurothrombectomy devices reduce the need for pharmacologic thrombolysis, which in turn minimizes the risk of intracerebral hemorrhage. Despite these positive developments, the COVID-19 pandemic has disrupted the supply chain and delayed the launch of new therapies, which could negatively impact the growth of the neurothrombectomy devices market.
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The market is segmented by product (clot retrievers, aspiration devices, vascular snares, and others) and end-user (hospitals, ambulatory surgical centers, and others). The clot retriever segment is expected to account for the largest market share during the forecast period due to increasing occurrence of targeted diseases and adverse effects. Hospitals are expected to generate the largest revenue due to their advanced equipment, skilled healthcare professionals, and insurance coverage for healthcare services.
Leading players in the market include Abbott Laboratories Inc., Medtronic Plc., Stryker Corporation, Acandis GmbH, Phenox GmbH, Penumbra Inc., Vesalio, LLC, Siemens Healthineers AG, Inari Medical Inc., and Johnson & Johnson. These manufacturers are focusing on research and development to create technologically advanced offerings that meet the evolving demands of customers for better efficiency and durability.
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“Market players are investing huge amounts for research and development activities to introduce technologically advanced neurothrombectomy products and quick approval procedures for neurothrombectomy devices is expected to boost the demand of devices. Advanced neurothrombectomy devices are coming up with optimized delivery system, distal filters which is expected to accelerate the growth of neurothrombectomy devices. Also, the manufacturing of less invasive devices to facilitate ease and convenience to patients along with high healthcare expenditure is expected to propel the growth of the neurothrombectomy devices market till 2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Neurothrombectomy Devices Market By Product (Clot Retrievers, Aspiration Devices, Vascular Snares, Others) By End-User (Hospitals, Ambulatory Surgical Centers, Others) , By Region, Company Forecast & Opportunities, 2028”?has evaluated the future growth potential of global neurothrombectomy devices market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global neurothrombectomy devices market.
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