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(Medical-NewsWire.com, May 31, 2017 ) Browse 67 market data tables and 75 figures spread through 174 pages and in-depth TOC on "Thrombectomy Devices Market"
http://www.marketsandmarkets.com/Market-Reports/thrombectomy-devices-market-222966801.html
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Geographical Analysis:
In 2016, North America held the largest share of the market. However, the developing Asia-Pacific countries including China and India are expected to emerge as the new revenue-generating regions for prominent market players during 2017-2022.
The growth of this Asia-Pacific market is attributed to the presence of a large patient population for target diseases, rising awareness among surgeons related to the benefits offered by thrombectomy devices, increasing healthcare expenditure, and rising adoption of these devices due to their decreasing costs.
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Industry Trends:
A number of factors such as growing target patient population, ongoing technological advancements, favorable medical reimbursements, rising demand for minimally invasive thrombectomy procedures, and increasing healthcare expenditure across emerging markets are driving the growth of the market.
However, the stringent regulatory scenario, limited patient awareness resulting in delayed treatment for peripheral vascular diseases, and dearth of skilled & well-trained surgeons to perform thrombectomy procedures are the key challenges faced by majority of the thrombectomy devices manufacturers across the globe in the global market.
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Industry Leaders:
In 2016, Stryker Corporation (U.S.) held the leading position in the market. Over the past three years, the company has adopted product launches & enhancements, strategic acquisitions, and market expansion as its key business strategies to ensure its dominance in this market.
Medtronic plc (Ireland), Boston Scientific Corporation (U.S.), Johnson & Johnson (U.S.), Terumo Corporation (Japan), Penumbra, Inc. (U.S.), Spectranetics Corporation (U.S.), Edwards Lifesciences Corporation (U.S.), Argon Medical Devices, Inc. (U.S.), and Teleflex Incorporated (U.S.), were few other key players operating in the market.
Target Audience:
• Healthcare service providers (hospitals and surgical centers)
• Non-government organizations
• Government regulatory authorities
• Research laboratories and academic institutes
• Clinical research organizations (CROs)
• Research and development companies
• Market research and consulting firms
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