Market Overview:
The global deep vein thrombosis (DVT) device market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of DVT, technological advancements in deep vein thrombosis devices, and rising demand for minimally invasive procedures. The venous stent segment is expected to dominate the global deep vein thrombosis device market during the forecast period. This can be attributed to the increasing use of venous stents for treating DVT and their advantages over other devices such as less invasiveness and shorter hospital stay. In terms of application, the leg segment is expected to dominate the global deep vein thrombosis device market during the forecast period. This can be attributed to factors such as high incidence of DVT in legs, growing awareness about early diagnosis and treatment of DVT, and rising demand for minimally invasive procedures.
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Product Definition:
Deep Vein Thrombosis (DVT) Device is a medical device used to prevent and treat deep vein thrombosis (DVT), a blood clot in the deep veins, typically in the legs.
Venous Stent:
A venous stent is a device used to clear blockages in the superficial veins of the body. It works by creating and maintaining an opening in the vein so that blood can flow through easily. The most common use of these devices is for treating leg or foot deep vein thrombosis (DVT), which occurs when there is too much blood flow in the superficial veins of the legs, causing swelling, redness, pain and itching.
Intermittent Pneumatic Compression Device:
Intermittent pneumatic compression device is used for the treatment of DVT. It is also used in post-thrombotic syndrome and pulmonary embolism. Intermittent pneumatic compression devices are portable, easy to use and have fewer adverse effects as compared to continuous pneumatic compression devices.
The global intermittent pneumatic compression device market size was valued at USD 661 million in 2016.
Application Insights:
The leg application segment held the largest share of DVT devices market in 2017. This can be attributed to the rising incidence of lower limb ischemia and thrombosis. As per a study published in 2018 by NCBI, around 5% to 15% people suffer from lower limb DVT at any given time. The same goes for other parts of the world, where approximately 1-2 out of every 100 patients develop some form TavtTha1mior DVTs during their lifetime. Thus, increasing number LVIs worldwide may lead to increased usage of these devices over next few years.
However, chest application segment is expected to grow at fastest rate during forecast period due largely non-invasive nature.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The presence of well-established healthcare facilities, high awareness levels pertaining to the various treatment options available for DVT, and availability of reimbursement policies are some factors attributing toward its largest share. In addition, increasing incidence rates due to sedentary lifestyle and rising geriatric population are also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rapidly improving economic conditions and growing patient pool in emerging countries such as China & India. Moreover, a rise in international travel for business as well as leisure purposes is further fueling regional demand for these devices through ambulatory surgery centers or hospital outpatient departments (HOPDs). Furthermore, favorable government initiatives promoting health & wellness among individuals are projecteded boost market development during the estimated time span.
Growth Factors:
- Increasing incidence of deep vein thrombosis (DVT) due to changing lifestyle and increasing prevalence of risk factors such as obesity, smoking, and sedentary lifestyle.
- Growing demand for minimally invasive surgeries for the treatment of DVT is expected to drive the growth of the deep vein thrombosis (DVT) device market over the forecast period.
- Rising geriatric population is also a major factor that is expected to fuel the growth of this market in coming years.
- Technological advancements in deep vein thrombosis devices are anticipated to offer lucrative opportunities for players operating in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Deep Vein Thrombosis (DVT) Device Market Research Report
By Type
Venous Stent, Intermittent Pneumatic Compression Device
By Application
Leg, Chest, Abdomen, Arm
By Companies
Boston Scientific, Bard, Veniti, Cook Medical, Optimed Med, Medtronic, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Deep Vein Thrombosis (DVT) Device Market Report Segments:
The global Deep Vein Thrombosis (DVT) Device market is segmented on the basis of:
Types
Venous Stent, Intermittent Pneumatic Compression Device
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Leg, Chest, Abdomen, Arm
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- Bard
- Veniti
- Cook Medical
- Optimed Med
- Medtronic
- Boston Scientific
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Highlights of The Deep Vein Thrombosis (DVT) Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Venous Stent
- Intermittent Pneumatic Compression Device
- By Application:
- Leg
- Chest
- Abdomen
- Arm
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Deep Vein Thrombosis (DVT) Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A deep vein thrombosis (DVT) device is a medical device that helps to prevent DVT by reducing the risk of blood clots in the deep veins in your leg.
Some of the major players in the deep vein thrombosis (dvt) device market are Boston Scientific, Bard, Veniti, Cook Medical, Optimed Med, Medtronic, Boston Scientific.
The deep vein thrombosis (dvt) device market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deep Vein Thrombosis (DVT) Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Deep Vein Thrombosis (DVT) Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deep Vein Thrombosis (DVT) Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Deep Vein Thrombosis (DVT) Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Deep Vein Thrombosis (DVT) Device Market Size & Forecast, 2020-2028
4.5.1 Deep Vein Thrombosis (DVT) Device Market Size and Y-o-Y Growth
4.5.2 Deep Vein Thrombosis (DVT) Device Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Venous Stent
5.2.2 Intermittent Pneumatic Compression Device
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Leg
6.2.2 Chest
6.2.3 Abdomen
6.2.4 Arm
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deep Vein Thrombosis (DVT) Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Deep Vein Thrombosis (DVT) Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Venous Stent
9.6.2 Intermittent Pneumatic Compression Device
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Leg
9.10.2 Chest
9.10.3 Abdomen
9.10.4 Arm
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Venous Stent
10.6.2 Intermittent Pneumatic Compression Device
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Leg
10.10.2 Chest
10.10.3 Abdomen
10.10.4 Arm
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Venous Stent
11.6.2 Intermittent Pneumatic Compression Device
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Leg
11.10.2 Chest
11.10.3 Abdomen
11.10.4 Arm
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Venous Stent
12.6.2 Intermittent Pneumatic Compression Device
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Leg
12.10.2 Chest
12.10.3 Abdomen
12.10.4 Arm
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Venous Stent
13.6.2 Intermittent Pneumatic Compression Device
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Leg
13.10.2 Chest
13.10.3 Abdomen
13.10.4 Arm
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Deep Vein Thrombosis (DVT) Device Market: Competitive Dashboard
14.2 Global Deep Vein Thrombosis (DVT) Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Bard
14.3.3 Veniti
14.3.4 Cook Medical
14.3.5 Optimed Med
14.3.6 Medtronic
14.3.7 Boston Scientific
