Navigation Links
European Clot Management Device Market To Exceed $170 Million By 2022

TORONTO, Sept. 4, 2013 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the European market for clot management devices will see moderate growth through 2022. Although a number of segments are mature, fast-growing segments such as endovascular treatments for acute ischemic stroke (AIS) and venous thromboembolism (VTE) will support overall revenue expansion.

(Logo: )

The neurovascular embolectomy device segment will undergo robust growth through 2022. Compared to the current standard of care, intravenous tissue plasminogen activator (IV t-PA), neuroembolectomy devices offer a longer therapeutic window after symptom onset. This is critical because AIS patients often reach the hospital beyond the time in which IV t-PA is effective. In addition, IV t-PA is ineffective for treating large clot burdens, whereas neurovascular embolectomy is fast and effective in the recanalization of large-vessel occlusions, offering an alternative treatment for these cases.

Similarly, although VTE is typically treated with anticoagulants, endovascular clot management treatment volumes for this indication will increase steadily as clinical data emerges to support the pharmacomechanical treatment of this condition, bolstering physician confidence. Additionally, there has been an increasing trend toward the combined use of percutaneous thrombectomy and catheter-directed thrombolysis (CDT), particularly for the treatment of acute cases of VTE.

"When used with CDT, thrombectomy may actually offer safety advantages compared to anticoagulants," said MRG Analyst Tony Su. "This treatment can reduce drug doses or eliminate the need for them altogether, resulting in fewer bleeding complications than with medical management. This advantage will increase adoption of percutaneous thrombectomy and CDT in the VTE indication, boosting procedure volumes and revenues."

Millennium Research Group's European Markets for Clot Management Devices 2013 reports include unit, procedure, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for percutaneous thrombectomy devices, embolectomy balloon catheters, CDT devices, inferior vena cava filters and neurovascular embolectomy devices in France, Germany, Italy, Spain and the United Kingdom. Supplemental country coverage is also available for Austria, Belgium, the Czech Republic, Denmark, Finland, Greece, Hungary, the Netherlands, Norway, Poland, Portugal, Romania, Sweden, Switzerland and Ukraine, as well as in aggregate for the rest of the European countries.

About Millennium Research Group
Millennium Research Group (, a Decision Resources Group company (, is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources Group
Decision Resources Group is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources Group at

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact:

Christopher Comfort
Decision Resources Group

Alex Jablokow
Millennium Research Group


SOURCE Millennium Research Group
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Halozyme Announces Roche Receives Marketing Authorization for Herceptin SC in European Union
2. European Union Grants a Good Manufacturing Practice Certificate to Nelson Laboratories
3. Orexigen Therapeutics Announces European Filing Strategy and Reports Business and Financial Results for the Second Quarter Ended June 30, 2013
4. European Urological Device Market Will Be Driven By Adoption Of New Minimally Invasive Devices
5. CryoLife Announces First European Implant Of HeRO Graft
6. The Emerging Eastern European Market For Interventional Cardiology Devices Will Grow To $282 Million By 2021
7. Mature US and European coronary artery bypass graft device markets will Shrink through 2021
8. US and European Computer Aided Detection (CAD) Industry
9. EAACI Publishes the First European Guidelines for food-Allergy Sufferers
10. Sorrento Therapeutics and IGDRASOL to Present Late Stage Clinical Data Updates on their Oncology Nanomedicine Platform at the Joint Meeting of the European Foundation for Clinical Nanomedicine and European Technology Platform on Nanomedicine in Base
11. European Orthopedic Market 2017 Forecasts: Hip, Knee & Shoulder Analysis in New Research Report at
Post Your Comments:
(Date:11/25/2015)... , Nov. 25, 2015  The American Academy ... Gynecologists (ACOG), and the March of Dimes cheered ... Protecting Our Infants Act of 2015 (S.799), ... of newborns born exposed to drugs, such as ... bill,s introduction, all three organizations have worked together ...
(Date:11/25/2015)... Nov. 25, 2015 AAIPharma Services Corp./Cambridge ... of at least $15.8  Million to expand its ... NC . The expansion will provide additional ... the growing demands of the pharmaceutical and biotechnology ... expansion will provide up to 40,000 square feet ...
(Date:11/25/2015)... USA , Inc., a leader in ... accuracy of its blood glucose meter systems. Last week ... Cardiovascular Disease in Los Angeles , ... 01 meter and the Assure ® Prism multi-user ... measure glucose levels in blood is essential for people ...
Breaking Medicine Technology:
(Date:11/27/2015)... ... , ... A team of Swiss doctors has released a report on mesothelioma ... posted the findings on the website. Click here to read the details now. ... patients who were treated with chemotherapy followed by EPP surgery. Among the 106 patients ...
(Date:11/27/2015)... ... November 27, 2015 , ... Lizzie’s Lice Pickers just announced ... offering customers 10% off of their purchase of lice treatment product. In addition, customers ... According to a company spokesperson. “Finding lice is a sure way to ruin the ...
(Date:11/27/2015)... ... ... No.1 Herpes-only dating community in the world, revealed that over 50% of its members are ... people under the age of 50 – or 67% of the population - are infected ... HSV-1 infection . , "The data shocks us highly!" said Michelle Li, Co-Founder of ...
(Date:11/27/2015)... ... November 27, 2015 , ... A simply groundbreaking television series, "Voices ... show that delves into an array of issues that are presently affecting Americans. Dedicated ... open dialogue, this show is changing the subjects consumers focus on, one episode at ...
(Date:11/27/2015)... ... 2015 , ... CBD College is proud to announce that on ... accreditation to its Diagnostic Medical Sonography program. CBD College is honored to join this ... colleges and universities in the state of California make the cut. CBD College is ...
Breaking Medicine News(10 mins):