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Inferior Vena Cava (IVC) Filters Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence

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Inferior Vena Cava (IVC) Filters Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence

November 08
19:13 2022
Inferior Vena Cava (IVC) Filters Market Size Share Trends Growth Demand and Competitive Analysis Insights 2022-2029 | DataM Intelligence
Inferior Vena Cava Filters Market – DataM Intelligence
The Inferior Vena Cava (IVC) Filters Market is expected to reach at a CAGR of 8.5% during the forecast period (2022-2029).

Market Overview:

Inferior Vena Cava (IVC) Filters Market is expected to reach at a CAGR of 8.5% during the forecast period (2022-2029).

Inferior vena cava filters are mechanical devices implanted in the inferior vena cava by using vascular surgeons or interventional radiologists to prevent doubtlessly fatal pulmonary emboli. The blood clots are trapped in the filter till the frame dissolves them. The Inferior Vena Cava Filters process is commonly short and painless.

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Market Dynamics

The growth in prevalance of venous thromboembolism within the marketplace will force the market growth

The growing incidence of cardiac ailments and the developing demand for minimally invasive strategies are riding the market increase. IVCF is prescribed for patients who have had an acute venous thromboembolic occasion (VTE) but can’t get hold of anticoagulation. IVCF is likewise frequently endorsed for sufferers who are concept to have failed anticoagulation.

IVCF have been designed to save you pulmonary embolism (PE) and reduce venous thromboembolism (VTE)-associated mortality. VTE is becoming extra commonplace all around the international. According to the Centers for Disease Control and Prevention, while the exact variety of human beings stricken by VTE is unknown, as many as 900,000 humans can be affected every year inside the United States. Because of this rising occurrence, the inferior vena cava filters market is expected to amplify hastily. This contributes to the growth of the worldwide inferior vena cava IVCF market.

High cost of  procedures is probable to hamper the marketplace boom

 

The treatment of inferior vena cava entails extra high priced methods, which impedes the marketplace growth. The lack of expertise about IVC treatment among human beings in rural regions in emerging international locations is viewed as a barrier to the increase of the inferior vena cava clear out market.

Market Segmentation:

By Types

·         Retrievable

·         Permanent

By Application

·         Treatment of Venous Thromboembolism

·         Prevention of Pulmonary Embolism

By End User

·         Hospitals

·         Ambulatory Surgical Centers

·         Others

Competitive Landscape

The inferior vena cava filters market is highly competitive with presence of local as well as global companies.  Some of the key players which are contributing to the growth of the market include C.R. Bard, Boston Scientific , Cardinal Health, Cook Medical , B.Braun, ALN, Braile Biomedica, Philips Volcano, Argon Medical Devices, VENITI.

The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the blood and blood products market globally. For instance The first laser-based device to remove Inferior Vena Cava (IVC) filters was approved for marketing by the US Food and Drug Administration on December 21, 2021. The device is intended for patients who have an IVC filter, a small cage-like device inserted into the body’s largest vein to capture blood clots and prevent them from traveling to the lungs. The Philips CavaClear Laser Sheath is a new device designed to remove tissue to facilitate the detachment of an IVC filter during retrieval when previous removal methods have failed.

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