Vena Cava Clips and Filters Market Size, Application Analysis, Regional Outlook, 2017 – 2025
Global Vena Cava Clips and Filters: Overview
The global vena cava clips and filters are anticipated to grow in the coming years due to rise in pulmonary and cardiovascular diseases. Vena cava clips or filters eliminates or reduces the risks related to these diseases. The global vena cava clips and filters are rising in demand because it helps patients who do not respond to the conventional therapies, patients who have higher risks of these diseases, or patients who are suffering from arteriovenous and cardiovascular diseases. The demand for vena cava filters are rising among patients that are unable to tolerate laparotomy procedure along or any pain related to clip placement.
The global vena cava clips and filters is segment according to product type into vena cava filters and vena cava clips. Among these, the vena cava filters segment led the market during 2016 and will dominate the market for global vena cava clips and filters market in the coming years. The rise in vena cava filters are due to its benefits of less complications related to post operation.
The report offers a comprehensive evaluation of the global vena cava clips and filters market with special focus on dynamics of market including market drivers, restrains, trends, and opportunities. The report also provides regional and other segmentation study of the market based on accurate facts and figures.
Global Vena Cava Clips and Filters: Trends
The increase in cardiovascular diseases around the world is leading the global vena cava clips and filters. The rise in aging population is also one of the leading factors for the rise in market. Cancer is growing around the globe leading to growth of vena cava clips and filters. Smoking leading to peripheral diseases is also fueling the market. These are some of the major factors for the growth of vena cava clips and filters market globally. The rise in cancer in regions such as U.S has led to significant rise in the market. Around 1.6 mn cancer leading to 900,000 cases of pulmonary Embolism or deep vein thrombosis cases in U.S alone.
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British Lung Foundation recorded 28,000 admissions in hospitals due to pulmonary embolism during 2012. The rise in pulmonary embolism/ deep vein thrombosis has led to rise of global vena cava clips and filters in the market. The rise in aging population has led to rise in cardiovascular diseases thus leading to rise of the market. Technological advancement has led to introduction of new innovations and products in the market. These are some of the factors that will lead the market during the forecast period of 2017 to 2025.
Global Vena Cava Clips and Filters: Geography
The global vena cava clips and filters are segmented into five regions according to the geographical segment. The regions are Europe, Asia pacific, Latin America, Middle East & Africa, and North America. Among these, North America is anticipated to lead the market during the forecast period as it dominated the market during 2016. The rise in this region is due to higher spending in healthcare and improved reimbursement policies. This region has increased demand for latest and advanced products due to high disposable income and better economic conditions. Asia pacific is expected to rise during the forecast period leading to increased CAGR by 2025. This region will witness the rise in market due to increased cases of aging population and chronic diseases thus, leading to a large pool of patients.
Global Vena Cava Clips and Filters: Companies Mentioned
Some of the leading manufacturers in the global vena cava clips and filters are C.R. Bard, Inc., Cook Medical, B. Braun Melsungen AG, Cardinal Health, and Boston Scientific Corporation.