Global Blood Clot Retrieval Devices Market 2017-2021
- Published: Jun 2017
- Pages: 70
- SKU: IRTNTR13256
Enjoy complimentary customisation on priority with our Enterprise License!
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
This market research study identifies Argon Medical Devices, Boston Scientific, and Medtronic as the leading players in the global blood clot retrieval devices market. A comprehensive analysis of this market is also presented by product (mechanical embolus removal devices, stent retrievers, and ultrasound-assisted devices), by end-user (hospitals and specialty clinics and ASCs), and by geography (the Americas, APAC, and EMEA).
Blood clot retrieval devices market forecast
According to the blood clot retrieval devices industry analysis, the global blood clot retrieval devices market will grow at a CAGR of close to 7% during the forecast period. The availability of favorable reimbursement policies will drive the growth prospects for the market until the end of 2021.
The favorable reimbursement policies encourage people to adopt blood clot retrieval devices on a large scale. For instance, Medtronic offers a reimbursement policy that provides security and coverage for the payment of comprehensive professional services. However, Medtronic does not promote the use of its products outside FDA-approved labeling. Reimbursements are available for procedures such as acute ischemic stroke using a thrombolytic agent with major complication and comorbidity (MCC) and complication and comorbidity (CC) and acute ischemic stroke using thrombolytic agent without CC or MCC. Similarly, the coverage for Medicare MS-DRGs (Medicare Severity Diagnosis Related Groups) includes ICD-10 diagnosis & ICD-10 procedural codes.
Blood clot retrieval devices market growth based on geography
In terms of geographic regions, the Americas accounted for the majority market share during 2016 and will continue its market dominance during the next four years as well. The US is the major revenue generator in the region. The rise in prevalence of ischemic stroke that blocks the blood flow to the brain will drive the adoption of blood clot retrieval devices in this region.
Blood clot retrieval devices market capacity: Competitive landscape and key vendors
The blood clot retrieval devices market is characterized by the presence of established players. Tier-1 companies in the market are focusing on research and developmental activities. This helps them to develop products with emerging technologies to carry out procedures that involve accurate and perfect treatment. Companies are taking efforts to increase their market shares by creating a strong product portfolio. Vendors are increasingly competing against each other based on factors such as distribution and partnerships, market penetration in new geographic regions, and product precision.
Key vendors in the blood clot retrieval devices market
- Argon Medical Devices
- Boston Scientific
- Medtronic
Blood clot retrieval devices market segmentation by product
- Mechanical embolus removal devices
- Stent retrievers
- Ultrasound-assisted devices
Mechanical embolus removal devices are highly preferred over other products because they offer a bridging strategy between intravenous and intra-arterial thrombolytic therapy. These devices benefit patients by directly reaching the affected regions and dissolving the clot. During 2016, this segment contributed the majority of the shares of the blood clot retrieval devices market since these devices are highly cost-effective. The mechanical thrombectomy device used for the treatment of acute ischemic stroke increases the survival time in comparison to standard medical therapy. This will increase the adoption of mechanical thrombectomy device and will boost the blood clot retrieval devices market size in the forthcoming years.
Blood clot retrieval devices market status based on end-user
- Hospitals and specialty clinics
- ASCs
A large number of individuals prefer hospitals over other healthcare units because they procure medical products and consumables on bulk and engage closely with many suppliers, reimbursement authorities, and government organizations. The advanced medical infrastructure and the availability of high-quality blood clot retrieval facilities will drive the preference of patients towards hospitals in the coming years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global blood clot retrieval devices market?
- What are the key market trends impacting the growth of the global blood clot retrieval devices market?
- What are the challenges to market growth?
- Who are the key vendors in the global blood clot retrieval devices market?
- What are the market opportunities and threats faced by the vendors in the global blood clot retrieval devices market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global blood clot retrieval devices market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
- Market overview
- Mechanical embolus removal devices
- Stent retrievers
- Ultrasound-assisted devices
PART 07: Market segmentation by end-user
- Market overview
- Hospitals and specialty clinics
- ASCs
PART 08: Geographical segmentation
- Market overview
- Blood clot retrieval devices market in Americas
- Blood clot retrieval devices market in EMEA
- Blood clot retrieval devices market in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Market challenges
PART 11: Market trends
- Strategic acquisition of business segments
- Paradigm shift toward minimally invasive procedures
PART 12: Vendor landscape
- Competitive analysis
PART 13: Key vendor analysis
- Argon Medical Devices
- Boston Scientific
- Medtronic
- Key companies to watch
- Other prominent vendors
PART 14: Appendix
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
2500 USD
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
- Our analysts will work directly with you and understand your needs
- Get data on specified regions or segments, competitor and Vendors
- Data will be formatted and presented as per your requirements
- We offer $1000 worth of FREE customization at the time of purchase
Let us help you make report more suited to your requirements.
- Get a competitive breakdown as per your niche industry
- Customize the data with various metrics that meet your business prerequisite
- Understand Revenue Sources, Customers and many more
- Details on Market Share
- These customizations are done in a short amount of time by our analysts and industry experts
