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(Medical-NewsWire.com, October 17, 2017 ) The Latin America Thrombectomy Devices Market was worth USD 120 million in 2016 and estimated to be growing at a CAGR of 6.93%, to reach USD 160 million by 2021. Thrombectomy Devices can be defined as removal of thrombi by use of surgical procedures in cases of emergency, which can result in blocked blood circulation. Thrombi are actually blood clots, but in general usage it can refer to any material which blocks the flow of blood and can lead to health problems. It is usually the final resort as hindrance of blood flow to organs for a long time can lead to necrosis.
A few commonly used Thrombectomy Devices procedures are surgical embolectomy, aspiration embolectomy and balloon embolectomy. In surgical embolectomy clot is removed by surgical incision into an artery. Aspiration embolectomy is the removal of thrombus by using suction instead of a balloon. It is a regarded as an effective way for removing thrombi in limb arteries. In balloon embolectomy, catheter is inserted into a blood vessel which has an inflatable balloon at the tip. It is inflated after its insertion into a clot, then the balloon is pulled out along with the clot. This procedure is risky since there is a chance of intimal lesions which can give rise to another thrombosis.
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The driving factors of Latin America Thrombectomy Devices market are growing geriatric population, rising prevalence of cardiovascular diseases, growing sedentary lifestyle, increasing demand for minimally invasive procedures and technological innovations in the medical field. Some of the restraints involved in this market are difficulty in using new equipment, lack of skilled workers and lack of awareness about peripheral vascular diseases.
The Latin America Thrombectomy Devices market is segmented on the basis of type into stent retrievers, basket/brush retrievers, coil retrievers, mechanical Thrombectomy Devices, ultrasonic Thrombectomy Devices, aspiration Thrombectomy Devices, and hydrodynamic Thrombectomy Devices. By application the market is segmented into peripheral vascular application, neurovascular application and cardiovascular application. Based on end-users the market is divided into research laboratories & academic institutes, ambulatory surgical centres, hospital surgical centres and others. By diseases the market is divided into coronary diseases, neural diseases and peripheral diseases.
The Latin America Thrombectomy Devices market is divided based on geography into Argentina, Brazil, Chile and rest of Latin America. The market is about to pick up its pace as it is still in its nascent stages. Factors such as rising geriatric population, increased incidence of sedentary lifestyle and technological innovations is expected to drive the growth of this market in the region.
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Some of the major players in the market include Stryker Corporation (U.S.), Medtronic Plc (U.S.), Boston Scientific Corporation (U.S.), Penumbra, Inc. (U.S.) Johnson & Johnson (U.S.), Terumo Corporation (Japan), Spectranetics Corporation (U.S.), Edwards Lifesciences Corporation (U.S.), Argon Medical Devices, Inc. (U.S.), and Teleflex Incorporated (U.S.).
Market Segmentation
1)Type
Stent Retrievers
Basket/Brush Retrievers
Coil Retrievers
Mechanical Thrombectomy Devices
Stent Retrievers
Coil Retrievers
Basket/Brush Retrievers
Ultrasonic Thrombectomy Devices
Aspiration Thrombectomy Devices
Hydrodynamic Thrombectomy Devices
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
2)Application
Peripheral Vascular Application
Neurovascular Application
Cardiovascular Application
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
3)End-Users
Research Laboratories & Academic Institutes
Ambulatory Surgical Centres
Hospital Surgical Centres
Other end-users
Y-o-Y Growth Analysis, By End-Users
Market Attractiveness Analysis, By End-Users
Market Share Analysis, By End-Users
4)Diseases
Coronary Diseases
Neural Diseases
Peripheral Diseases
Y-o-Y Growth Analysis, By Diseases
Market Attractiveness Analysis, By Diseases
Market Share Analysis, By Diseases
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Scope of the report :
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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