Overview:
Inferior vena cava (IVC) is the largest vein in the human body that carries deoxygenated blood from inferior part of the body to the heart. An inferior vena cava filter is implanted in the inferior vena cava to capture embolism, blood clot, preventing them from reaching the lungs. Implantation of these devices is either permanent or temporary depending upon the need of therapy. The prominent factors that fuel the growth of the global inferior vena cava (IVC) filters market include rise in preference for minimally invasive surgeries with improved medical imaging across various medical settings. However, the global market growth is restricted by the high cost of procedures associated with IVC filters. Furthermore, emergence of digital catheterization laboratories is anticipated to offer lucrative opportunities for the expansion of the market. According to the American Thoracic Society, in 2016, the incidence of diagnosed pulmonary embolism range from 71 to 117 per 100,000 person-year in the United States. High diagnosis rate of pulmonary embolism contribute to the growth of the global market.
The global IVC filters market is segmented based on product types, end-users, and geography. Based on product type, the global IVC filters market is classified as permanent inferior vena cava filters and retrievable inferior vena cava filters. Based on end-user, the market is segmented into hospitals, ambulatory surgical centers (ASCs) and others. Among end-user segments, hospitals have dominated the global market in 2017 and anticipated to retain their prominence during the forecast period due to high usage of IVC filters for cardiac surgeries.
Geographically, North America dominated the global market owing to high prevalence and awareness regarding cardiovascular diseases and availability of evolved healthcare infrastructure. Manufacturers are focusing on the emerging markets including the Asia Pacific and Latin America for further expansion due to the presence of potential opportunities.
The Global Inferior Vena Cava (IVC) Filters Market is segmented on the following bases:
Key Players Identified in Inferior Vena Cava (IVC) Filters Market include:
Cardinal Health, Inc., Boston Scientific Corporation, Cook Medical, ALN, C. R. Bard, Braile Biomdica, B. Braun Melsungen AG, VENITI, Inc., Argon Medical Devices, Inc. and Koninklijke Philips N.V.
This report offers: