Allied Market Research

2024

Medical Thrombus Aspiration Catheter Market

Medical Thrombus Aspiration Catheter Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type and by End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

LS : Medical Devices & Supplies

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Author's: | Roshan Deshmukh
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Thrombus is a fatal blot clot that forms in blood vessel and stays there until it is removed. It is majorly caused due to thrombophilia or slowed blood flow in the arteries. Thrombus holds the ability to run across blood vessels and through the blood stream and get lodged in blood vessels of the lung in a process known as pulmonary embolism. Medical thrombus aspiration catheter is a rapid exchange medical device employed in removal of thrombus and similar debris in from coronary or peripheral arteries. It is used under a wide procedural technique known as aspiration thrombectomy. In this, the catheter is employed with 2 lumens with the larger one used to extract thrombus from the specified coronary artery. Lumens are connected to a syringe, which is advanced through the lesion. Aspiration catheters such as aspire, export, and pronto are more viable when used for small discrete thrombus. Physical characteristics of the thrombus, geometric alignment of the catheter, and the applied vacuum pressure are some of the crucial parameters taken into consideration before proceeding with aspiration thrombetomy. The catheter can be progressed through a guide wire and vacuum up the blood clot, thus removing the thrombus. To restore back full blood flow to the heart, a balloon and a stent are placed over the same guide wire. Lately, aspiration thrombectomy has become a routinized treatment mechanism against infrared-related artery disorder.

Medical thrombus aspiration catheter market can be segmented on product type into hydrophilic type and lumen type. Hydrophilic catheters are similar to straight catheters with a coating that helps in active lubrication of the device, whereas lumen catheters consist of holes through the center of it. Lumen catheters can further be segmented into single lumen catheters, double lumen catheters, and multi lumen catheters. Furthermore, the market is divided depending on end user into hospitals, clinics, and others, with the hospitals segment dominating market.

COVID-19 Impact Analysis

Increase has been witnessed in the demand for medical supplies to take care of infected population. Respiratory support devices such as atomizers, life support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. The need for medical supplies has increased significantly among both from healthcare professionals and civil population for precautionary measures, owing to rise in number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the global medical thrombus aspiration catheter market.

Top Impacting Factors

  • Increasing number of cases of coronary heart diseases around the globe due to inefficient working of arteries and subsequent demand for therapies to prevent and cure the diseases is a major factor for exponential market growth.
  • Overall increase in awareness in emerging economies regarding cardiac diseases and new age technologies such as aspiration catheters and thrombectomy to cure them is another major factor that boosts market penetration into new territories.
  • Shift in preference of urbanized populace toward a cost-effective, highly efficient, technology-integrated assist devices toward treatment of coronary heart diseases is another factor driving growth of medical thrombus aspiration catheter market.
  • However, high costs associated with design, development, storage, and sale of aspiration catheters is a factor hampering the growth of the market especially in underdeveloped economies.
  • Additionally, adverse effects such as myocardial infarction, coronary graft thrombosis, and arteriovenous fistula associated with thrombus aspiration catheters coupled with myths and misconceptions associated with the device is yet another factor that might hamper market growth.

Key Market Trends

  • North America is the largest market for medical thrombus aspiration catheter, owing to higher populace indulged in cardiac-related diseases combined with higher per capita income.
  • Similarly, with increase in populace base and redesigned GDP structure combined with shift from illogical models to new age techniques for treatment of cardiac diseases is driving market growth in Asia-Pacific.

Key Benefits of the Report

  • This study presents the analytical depiction of the medical thrombus aspiration catheter industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the market share.
  • The current market is quantitatively analyzed to highlight the medical growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the Medical Thrombus Aspiration Catheter Report

  • Which are the leading players active in the medical thrombus aspiration catheter market?
  • How is each segment of the market expected to grow during the forecast period?
  • What are the adoption trends for the medical thrombus aspiration catheter market in emerging economies and established economies across the world?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What are the impacts of COVID-19 in the industry?
  • What is the medical thrombus aspiration catheter?
  • What is the medical thrombus aspiration catheter market prediction in the future?
  • What are the current trends and predicted trends?

Medical Thrombus Aspiration Catheter Market Report Highlights

Aspects Details
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By Product Type
  • Hydrophilic Type  
  • Lumen Type
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By End User
  • Hospitals
  • Clinics
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
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Key Market Players

Teleflex, SAI Infusion Technologies, Eucatech, Nipro, AMG International, Biotronik, HEXACATH, Endocor, Stentys, Medtronic Inc

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Medical Thrombus Aspiration Catheter Market

Global Opportunity Analysis and Industry Forecast, 2023-2032