United State-Report Ocean (150+ country’s markets analyzed, function on 1,00000+ published and forthcoming reports every year.] presents a research report and top winning strategies for the Neurothrombectomy Devices. Best subject matter experts, researchers, and market research professionals organized this report in order to ensure that the information in it is compiled from the most authentic sources and that the forecast is of the highest accuracy. To forecast market growth, specialists employ a variety of methodologies and analytical approaches, including S.W.O.T. (analysis methods), P.E.S.T.E.L. analysis, and regression analysis. The Neurothrombectomy Devices study also looks at the various regulations and policies that the firm has implemented. This report discusses the industry in terms of research technology and precise prospective utilization, innovation, and future advancements in the Neurothrombectomy Devices.
The neurothrombectomy devices market size is expected to reach USD 1,086.7 million by 2030 according to a new study by Report Ocean.
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The global aging population, increasing prevalence of heart related diseases due to faulty and busy lifestyle, favorable government support and funding towards research and innovation, and product launches by the key market players in the neurothrombectomy devices industry. As per statistics published by the World Ageing (WA), in 2019, there are around 700 million people aged over 65, across the globe.
This large section of the population is largely contributing to the market growth for neurothrombectomy devices. This section of the population is more prone to heart-related ailments. Moreover, as per CDC, each year, 480,000 smokers die prematurely. In 2018, it was reported that in the U.S. around 34.2 million smokers reside and many of those are suffering from heart-related disorders.
Developed countries like the U.S. and Canada have witnessed a high prevalence of ischemic heart-related disorders. According to the estimates of the CDC, each year, on an average around 140,000 and 795,000 individuals in the U.S. die due to stroke. Also, product innovations to make the procedure less invasive by big players in the market also favoring the market growth for neurothrombectomy devices.
COVID-19 Impact
The COVID-19 pandemic in 2019 engulfed the world. It caused a worldwide halt. The entire global economy was affected. In addition, many people have also lost their lives. Around 252,297,094 cases and 5,091,465 deaths have been reported worldwide so far for COVID-19. The pandemic spread to almost every country in the world. In most industries, the pandemic resulted in some form of loss. As a result of the pandemic, the neurothrombectomy devices market also experienced a slowdown. Statista estimates that the neurothrombectomy devices market total worldwide revenue stood at approximately US$ 3.94 trillion in 2019. In 2014, the neurothrombectomy devices marketgenerated revenues of US$ 5.4 trillion at a record high.
The degree of competition among prominent global companies has been developed by analyzing several leading competitors operating globally. In addition, specialist analysts examine various aspects of the neurothrombectomy devices market, including market competition, market share, the most recent advancements in the industry, innovative product launches, partnerships, mergers, and acquisitions by leading companies.
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Similarly, as per the reports of the Stroke Report, in 2017, it was reported that around 400,000 people were suffering from long-term disability from heart stroke, and the number is expected to increase in the coming decade. Thus, the increasing prevalence of heart-related disorders is anticipated to be high impact rendering driver for the market for neurothrombectomy devices over the forecast period.
For instance, in September 2020, the U.S based entity of Johnson & Johnson Medical Devices Companies, CERENOVUS announced to introduce CERENOVUS Stroke Solutions. The services included in these three devices are designed to aid surgeons to effectively perform the clot removal process at the European Society of Minimally Invasive Neurological Therapy (ESMINT).
Heart attacks and strokes are the second leading cause of death across the globe, and it is being estimated that around 140,000 deaths occur in the U.S. alone every year. Around half of survivors become disabled and have an economic burden of around USD 34 billion on the healthcare facilities.
Neurothrombectomy devices industry participants include Medtronic, Stryker Corporation, Acandis GmbH, Stryker Corporation, Phenox GmbH, Penumbra Inc., and Vesalio are some of the key players operating in the market for neurothrombectomy devices. Companies in the market are focusing on product launches to retain their market dominance.
Segmentation:
Neurothrombectomy Devices, by Product Outlook (Revenue – USD Million, 2016 – 2028)
Clot Retrievers
Aspiration/Suction Devices
Vascular Snares
Neurothrombectomy Devices, by End-Use Outlook (Revenue – USD Million, 2016 – 2028)
Hospitals
Emergency Clinics
Ambulatory Surgical Centers
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Neurothrombectomy Devices, Regional Outlook (Revenue – USD Million, 2016 – 2028)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Central & South America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Key questions answered in the global Neurothrombectomy Devices market report are:
- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the Neurothrombectomy Devices market over the forecast period?
- What are the factors driving and restraining the market for Neurothrombectomy Devices?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?
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