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Global Neurothrombectomy Devices Market to reach USD 999.5 million by 2027

Global Neurothrombectomy Devices Market Size study, by Product (Clot Retrievers, Aspiration/Suction Devices and Vascular Snares), by End-Use (Hospitals, Emergency Clinics and Ambulatory Surgical Centers) and Regional Forecasts 2020-2027

Product Code: HALMDAE_40761287
Publish Date: 26-12-2020
Page: 200

Global Neurothrombectomy Devices Market is valued approximately at USD 603.9 million in 2019 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2020-2027. A neurothrombectomy device is approved by the Food and Drug Adminstration (FDA) as a device intended to retrieve or destroy blood clots in the cerebral neurovasculature by mechanical, ultrasound technologies, laser, or combination of technologies. this medicine helps to bring down the death rate in patients. The increasing incidences of stroke coupled with growing geriatric population worldwide are the few factors responsible for growth of the market over the forecast period. For instance: According to the United Nations, Department of Economic & Social Affairs, there were 703 million persons aged 65 years or over in the world in 2019 and is projected to double to 1.5 billion in 2050. Similarly, as per Statista, the American geriatric population (65 years old or more) was 16% in 2018 and is anticipated to rise by 22 % of American geriatric population in 2050. Thus, growing geriatric population worldwide and increasing incidences of stroke drives the growth of the market over the forecast period. However, the risks associated with the neurothrombectomy procedure is the major factor restraining the growth of global Neurothrombectomy Devices market during the forecast period.

The regional analysis of global Neurothrombectomy Devices market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the fast adoption of new technology and increasing number of patients suffering from acute ischemic stroke. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Medtronic plc
Stryker Corporation
Acandis GmbH
Phenox GmbH
Penumbra Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Clot Retrievers
Aspiration/Suction Devices
Vascular Snares

By End-Use:
Emergency Clinics
Ambulatory Surgical Centers

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Neurothrombectomy Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Neurothrombectomy Devices Market, by Region, 2018-2027 (USD Million)
1.2.2. Neurothrombectomy Devices Market, by Product, 2018-2027 (USD Million)
1.2.3. Neurothrombectomy Devices Market, by End-Use, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Neurothrombectomy Devices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Neurothrombectomy Devices Market Dynamics
3.1. Neurothrombectomy Devices Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Neurothrombectomy Devices Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Neurothrombectomy Devices Market, by Product
5.1. Market Snapshot
5.2. Global Neurothrombectomy Devices Market by Product, Performance – Potential Analysis
5.3. Global Neurothrombectomy Devices Market Estimates & Forecasts by Product 2017-2027 (USD Million)
5.4. Neurothrombectomy Devices Market, Sub Segment Analysis
5.4.1. Clot Retrievers
5.4.2. Aspiration/Suction Devices
5.4.3. Vascular Snares
Chapter 6. Global Neurothrombectomy Devices Market, by End-Use
6.1. Market Snapshot
6.2. Global Neurothrombectomy Devices Market by End-Use, Performance – Potential Analysis
6.3. Global Neurothrombectomy Devices Market Estimates & Forecasts by End-Use 2017-2027 (USD Million)
6.4. Neurothrombectomy Devices Market, Sub Segment Analysis
6.4.1. Hospitals
6.4.2. Emergency Clinics
6.4.3. Ambulatory Surgical Centers
Chapter 7. Global Neurothrombectomy Devices Market, Regional Analysis
7.1. Neurothrombectomy Devices Market, Regional Market Snapshot
7.2. North America Neurothrombectomy Devices Market
7.2.1. U.S. Neurothrombectomy Devices Market Product breakdown estimates & forecasts, 2017-2027 End-Use breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Neurothrombectomy Devices Market
7.3. Europe Neurothrombectomy Devices Market Snapshot
7.3.1. U.K. Neurothrombectomy Devices Market
7.3.2. Germany Neurothrombectomy Devices Market
7.3.3. France Neurothrombectomy Devices Market
7.3.4. Spain Neurothrombectomy Devices Market
7.3.5. Italy Neurothrombectomy Devices Market
7.3.6. Rest of Europe Neurothrombectomy Devices Market
7.4. Asia-Pacific Neurothrombectomy Devices Market Snapshot
7.4.1. China Neurothrombectomy Devices Market
7.4.2. India Neurothrombectomy Devices Market
7.4.3. Japan Neurothrombectomy Devices Market
7.4.4. Australia Neurothrombectomy Devices Market
7.4.5. South Korea Neurothrombectomy Devices Market
7.4.6. Rest of Asia Pacific Neurothrombectomy Devices Market
7.5. Latin America Neurothrombectomy Devices Market Snapshot
7.5.1. Brazil Neurothrombectomy Devices Market
7.5.2. Mexico Neurothrombectomy Devices Market
7.6. Rest of The World Neurothrombectomy Devices Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Medtronic Plc Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Stryker Corporation
8.2.3. Acandis GmbH
8.2.4. Phenox GmbH
8.2.5. Penumbra Inc.
8.2.6. Vesalio
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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