Health

Inferior Vena Cava (IVC) Filter Market Growing at 11.05% CAGR during 2017 to 2021

Global Inferior Vena Cava (IVC) Filter Market 2017-2021 report covers the market landscape and its growth prospects over the coming years.

— The inferior vena cava (IVC) filter market report presents a detailed picture of the market by way of study, synthesis, and summation of data Trom multiple sources. This report covers the present scenario and the growth prospects of the global inferior vena cava (IVC) filter market for 2017-2021.

Complete report on inferior vena cava (IVC) filter market spread across 70 pages, analyzing 4 major companies and provides 55 data exhibits is now available at http://www.reportsnreports.com/reports/966163-global-inferior-vena-cava-ivc-filter-market-2017-2021.html

The analysts forecast global inferior vena cava (IVC) filter market to grow at a CAGR of 11.05% during the period 2017-2021. An IVC filter is a cone-shaped medical device that is implanted in the IVC, below the kidneys. This is designed to capture an embolism or a blood clot that has broken loose from one of the deep veins in the legs on its way to the heart and lungs. The global IVC filter market is segmented into retrievable and permanent IVC filters, based on the type of products available in the market. Based on the end-users, the global IVC filter market is segmented into hospitals and ambulatory surgical centers (ASCs).

One trend in the inferior vena cava (IVC) filter market is strategic acquisition of business segments. The most common scenario witnessed in the medical device sector is the acquisition of companies and business segments to facilitate the expansion of the product line. Market giants acquire the business segments of the smaller companies, which helps them with increased sales and higher revenue generation.

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According to the report, one driver in the market is MI procedures with improved medical imaging. Medical facilities across the world are shifting toward MI procedures, leading to the expansion of treatment options for PVDs such as DVT. The deposition of fatty acids in the blood vessels of legs and arms can cause blood clots that restrict the normal blood flow. The untreated PVD condition can cause heart attack and stroke, leading to death. Surgeons use angioplasty or insert stents in the blood vessels through small incisions using MI surgeries. Radiologists who use interventional angioplasty to thread catheters or stents to the femoral artery also adopt MI procedures. These procedures help to minimize trauma and pain, and reduces the risks of infection in the blood vessels.

The following companies as the key players in the global inferior vena cava (IVC) filter market: Boston Scientific, Cardinal Health, Cook Medical and C. R. Bard. Other Prominent Vendors in the market are: Argon Medical Devices, Philips Volcano, ALN, B. Braun, Braile Biomédica, and VENITI.

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Further, the report states that one challenge in the market is high procedure cost of IVC filter placement. With the advances in the technology, the new tools and techniques are used for performing the CVD procedures. There are advanced ablation procedures and robotic technologies involved in assisting the interventional procedures. The conventional methods serve to challenge for the cardiac surgeons, due to which a paradigm shift toward the advanced techniques has noticed. The magnetic remote monitoring systems are being used in few developed countries with well-equipped healthcare facilities. The VTE procedures performed using IVC filters is one of the expensive CVD procedures.

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Source URL: http://marketersmedia.com/inferior-vena-cava-ivc-filter-market-growing-at-11-05-cagr-during-2017-to-2021/188906

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Source: MarketersMedia

Release ID: 188906


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