LONDON--(BUSINESS WIRE)--Technavio has published a new report on the global atherectomy and thrombectomy devices market, which is expected to grow at a CAGR of more than 6% from 2015-2019.
Atherectomy and thrombectomy devices market segmentation including product type and geography
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different types of product, including atherectomy devices and thrombectomy devices.
Additionally, analysts have segmented market projections by key geography, focusing on the Americas, EMEA, and the APAC region.
The new report by Technavio also discusses the low cost of surgical procedures in developing countries, which is leading to the popularity of medical tourism.
“Patients from developed countries such as the US and European nations visit developing countries such as the Philippines, China, and India for endovascular procedures and save around 60%-70% of treatment cost. This trend is expected to have a positive impact on the market during the forecast period,” says Faisal Ghaus, Vice President of Technavio.
Atherectomy and thrombectomy devices: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the global atherectomy and thrombectomy devices market from 2015-2019. To calculate market size, Technavio uses revenue generated from the sales of products from the following segments:
- Global atherectomy devices
- Global thrombectomy devices.
Industry analysis includes:
- Boston Scientific Group
- Cardiovascular Systems Inc.
- Medtronic plc
- Spectranetics plc
Market Growth Drivers:
- Increase in Prevalence of PAD and DVT
- Increase in Aging Population
- Product Recalls
- Lack of Product Differentiation
- Increased Acquisitions
- Increased Demand for Minimally Invasive Procedures
View the global atherectomy and thrombectomy devices market report.
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