According to FutureWise analysis the market for neurothrombectomy devices in 2023 is US$ 0.7 billion, and is expected to reach US$ 1.2 billion by 2031 at a CAGR of 7%.
A neurothrombectomy is the removal or destruction of clots in the cerebral neurovasculature using laser, mechanical, or ultrasound technology. The technique is primarily used for achieving rapid recanalization, increasing efficacy in treating large vessel occlusions, and reducing hemorrhagic risk. The global neurothrombectomy devices market is mainly driven by the increasing unhealthy lifestyles of individuals, as well as increased awareness about diseases. In addition to technological advancements, rapid population growth and a higher rate of acute ischemic strokes are also contributing factors to the growth of the industry. Additionally, it reduces mortality rates and improves functional outcomes among patients. Neurothrombectomy devices have subsequently been utilized extensively in the treatment of acute ischemic strokes throughout the world. As neurothrombectomy devices help in destroying blood clots, increasing blood flow to the brain, and decreasing mortality rates, the growing incidence of acute ischemic stroke, particularly among the geriatric population, is positively affecting the market.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Neurothrombectomy Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Neurothrombectomy Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.