PUBLISHER: IMARC | PRODUCT CODE: 1541375
PUBLISHER: IMARC | PRODUCT CODE: 1541375
The global catheter-directed thrombolysis devices market size reached US$ 376.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 581.3 Million by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. The growing prevalence of chronic diseases, the rising consumer awareness about the importance of early detection and treatment of pulmonary embolism, and significant improvements in the healthcare infrastructure are some of the major factors propelling the market.
Catheter-directed thrombolysis devices are advanced medical tools used to treat blood clots that form within the body's blood vessels. These devices are specifically designed to deliver thrombolytic agents directly to the site of the clot, where they work to dissolve the obstruction and restore blood flow. The procedure involves the insertion of a catheter, a thin, flexible tube, into the affected blood vessel under image guidance, such as an X-ray or ultrasound. Through the catheter, a clot-dissolving medication is delivered directly to the clot or infused into the blood vessel surrounding it. Catheter-directed thrombolysis has proven to be highly effective in quickly restoring blood flow, reducing the risk of long-term complications, and preserving the functionality of the affected organ or limb. It is commonly used to treat conditions, such as deep vein thrombosis (DVT), pulmonary embolism, peripheral arterial occlusions, and other vascular disorders.
IMARC Group provides an analysis of the key trends in each segment of the global catheter-directed thrombolysis devices market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on delivery mode, indication and end user.
Directly Delivery to Blood Clot
Positioning Medical Device at Clot Site
The report has provided a detailed breakup and analysis of the market based on the delivery mode. This includes directly delivery to blood clot and positioning medical device at clot site.
Directly delivering thrombolytic agents to the blood clot is a significant delivery mode in catheter-directed thrombolysis. In this approach, the catheter is inserted directly into the blood vessel where the clot is located, ensuring precise and targeted administration of the thrombolytic medication. This method allows for a concentrated and localized action, effectively dissolving the clot and restoring blood flow without affecting other parts of the circulatory system.
On the other hand, the positioning of a medical device at the clot site is a delivery mode in catheter-directed thrombolysis. These devices may include mechanical thrombectomy devices, such as rotating catheters or aspiration systems. This delivery mode is particularly beneficial in cases where direct infusion of thrombolytic agents may not be suitable, such as in large or resistant clots, or when the risk of bleeding from medication is a concern.
Pulmonary Embolism (PE)
Deep Vein Thrombosis (DVT)
Stroke
Others
The report has provided a detailed breakup and analysis of the market based on the indication. This includes pulmonary embolism (PE), deep vein thrombosis (DVT), stroke, and others.
Pulmonary embolism is a critical medical condition and a leading indication segment in the catheter-directed thrombolysis market. PE occurs when a blood clot, often originating from deep veins in the legs, travels through the bloodstream and lodges in the arteries of the lungs, causing a potentially life-threatening obstruction. Catheter-directed thrombolysis is a highly effective treatment for PE as it rapidly dissolves the clot and restores blood flow to the lungs.
On the other hand, deep vein thrombosis is another major indication segment in the catheter-directed thrombolysis market. DVT occurs when a blood clot forms in a deep vein, most commonly in the legs. Catheter-directed thrombolysis for DVT not only alleviates symptoms and reduces the risk of severe complications but also plays a crucial role in preventing long-term issues, such as chronic venous insufficiency. As DVT is a prevalent and potentially serious condition, the demand for catheter-directed thrombolysis devices remains high in the market.
Hospitals
Others
Hospitals represent the leading market segment
The report has provided a detailed breakup and analysis of the market based on the end user. This includes hospitals, and others. According to the report, hospitals accounted for the largest market share.
Hospitals serve as central hubs for medical care and are equipped with advanced facilities, skilled healthcare professionals, and specialized departments, making them ideal settings for performing catheter-directed thrombolysis procedures. The complexity and critical nature of vascular diseases and thrombotic disorders often require a multidisciplinary approach involving interventional radiologists, vascular surgeons, cardiologists, and other medical specialists available in a hospital environment. These medical professionals collaborate to diagnose and treat patients with conditions, including pulmonary embolism, deep vein thrombosis, peripheral arterial occlusions, and other vascular obstructions. Moreover, hospitals have access to state-of-the-art imaging technologies, such as fluoroscopy, ultrasound, and computed tomography (CT), which aid in precise catheter navigation and real-time visualization of the clot during the procedure. Additionally, hospitals maintain a comprehensive range of medical equipment and devices, including the latest catheter-directed thrombolysis technologies, to ensure optimal patient care.
North America
United States
Canada
Asia Pacific
China
Japan
India
Australia
South Korea
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America exhibits a clear dominance in the market
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (United States and Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Russia and the rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, Indonesia and rest of Asia-Pacific), Latin America (Brazil, Mexico and rest of Latin America) and the Middle East and Africa. According to the report, North America represents the leading market.
The market in North America is primarily being driven due to advanced healthcare infrastructure, a well-established medical device industry, and a high prevalence of vascular diseases in the region. The region's strong emphasis on healthcare research and innovation has led to the development of cutting-edge catheter-directed thrombolysis devices, further driving their adoption.
The market in Asia Pacific is witnessing an increase in the aging population, which is more susceptible to vascular conditions, further augmenting the demand for these devices. The presence of leading medical device manufacturers and ongoing research and development efforts also contribute to the growth of the market in the Asia Pacific. With a combination of a vast patient pool, improving healthcare facilities, and a focus on technological advancements, the Asia Pacific region is expected to maintain its dominant position in the catheter-directed thrombolysis devices market.
Companies in the market are heavily investing in research and development to improve the design, efficacy, and safety of their catheter-directed thrombolysis devices. They are focused on creating innovative technologies and drug delivery mechanisms to enhance the clot-dissolving process and minimize the risk of bleeding complications. Moreover, leading players are conducting clinical trials to gather evidence of safety and efficacy and obtaining regulatory approvals from health authorities to market their devices globally. These processes helped establish the credibility and compliance of their products. Additionally, several companies are providing training and educational programs to healthcare professionals to ensure they had the necessary skills and knowledge to use catheter-directed thrombolysis devices effectively and safely. To stay competitive, major companies are launching new catheter-directed thrombolysis devices or upgraded existing ones. These products were often designed to be more user-friendly, precise, and capable of achieving better patient outcomes.
AngioDynamics, Inc.
Boston Scientific Corporation
Inari Medical, Inc.
iVascular, S.L.U
Medtronic Plc
Penumbra, Inc.
Straub Medical AG (Becton, Dickinson, and Company)
Teleflex Incorporated
Thrombolex Inc.
In February 2023, Teleflex Incorporated launched New Arrow(R) VPS Rhythm(R) DLX Device and NaviCurve(TM) Stylet. It provides real-time catheter tip location information by using the patient's cardiac electrical activity. The device is also available with an optional integrated ultrasound featuring a Catheter-to-Vessel ratio tool that promotes standardization in vessel measurement. This device works in concert with the Arrow(R) PICC preloaded with the NaviCurve(TM) Stylet, providing innovative tip navigation/location technologies.
In January 2023, Penumbra Inc. launched the Lightning Flash(TM). It features Penumbra's novel Lightning Intelligent Aspiration technology, now with dual clot detection algorithms. Together with innovative catheter engineering, Lightning Flash is designed to quickly remove large blood clots in the body, including venous thrombus and pulmonary emboli (PE).
In October 2022, Medtronic Plc announced the launch of Medtronic Neurovascular Co-Lab(TM) Platform to accelerate innovation in stroke treatment. The platform will help bring neurovascular innovations to life. The process will be both transparent and collaborative, ensuring opportunities advance effectively and responsibly.