Global Mechanical DVT Device Market Overview:
A deep vein thrombosis (DVT) is a blood clot that forms in a vein deep inside the body. In most cases, this clot forms inside one of the deep veins of the thigh or lower leg. The rising number of minimally invasive procedures, the growing target patient population, ongoing technological advancements, favorable medical reimbursements, and increasing healthcare expenditure across emerging markets are some key factors propelling the growth of the global mechanical DVT device market.
Growth Drivers
- Growing Target Patient Population
- Increasing Healthcare Expenditure Across Emerging Markets
Market Trends
- Favorable Medical Reimbursement Scenario
Roadblocks
- Stringent Regulatory Scenario
Opportunities
- Increasing Number of Research Activities in the Field of Thrombectomy
- Expanding Application of Ultrasound in Vascular Treatment
Challenges
- Limited Availability of Clinical Data to Validate the Therapeutic Efficacy of Clot Retrieval Devices
Competitive Landscape:
Some of the key players profiled in the report are Medtronic plc (Ireland), Boston Scientific Corporation (United States), Johnson & Johnson (United States), Terumo Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Penumbra, Inc. (United States), Abbott Laboratories (United States), Acandis GmbH (Germany), AngioDynamics, Inc. (United States), Minnetronix Medical Inc. (United States), Penumbra (United States) and Stryker (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Mechanical DVT Device market by 2025. Considering Market by End User, the sub-segment i.e. Hospitals and Surgical Centers will boost the Mechanical DVT Device market.
In May 2020, Control Medical Technology announced the FDA cleared the Aspire MAX 7 – 11F Mechanical Thrombectomy platform to remove blood clots from a peripheral vessel.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mechanical DVT Device market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mechanical DVT Device market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Mechanical DVT Device Manufacturers, Mechanical DVT Device Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.