Market Overview:
The global VTE prevention pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of venous thromboembolism (VTE) and rising demand for minimally invasive surgeries. In addition, technological advancements in VTE prevention pumps are also contributing to the growth of this market. Based on type, the global VTE prevention pumps market is segmented into lower extremity and upper extremity pumps. Lower extremity pumps accounted for a larger share of the global VTE prevention pumps market in 2017 owing to their wide usage in hospitals and surgical centers. However, upper extremity pump segment is expected to grow at a higher CAGR during the forecast period due its advantages such as easy handling and portability. Based on application, hospitals accounted for majority share of the global VTE prevention pump market in 2017 followed by surgical centers and other applications segments respectively.
Product Definition:
A VTE prevention pump is a device that is used to prevent blood clots from forming in the veins. The pump helps to circulate blood and keep the veins open. This can help to reduce the risk of a blood clot forming and traveling to the lungs.
Lower Extremity:
Lower extremity is the term used for lower extremities such as ankle, foot, and leg. The lower extremity market is expected to witness lucrative growth over the forecast period owing to factors such as rising geriatric population base coupled with increasing awareness regarding venous thromboembolism (VTE) and associated risk factors. Moreover, technological advancements in terms of drug-eluting or coated shoes are also expected to drive market growth during the forecast period.
Upper Extremity:
Upper extremity devices are used to prevent blood clots in the arteries and veins of the arms, legs, and neck. They consist of a series of components including an implantable device (in most cases a stent) that is placed inside the body along with an external support or band. The primary function of these devices is to help increase flow capacity in vessels by creating more space between endothelial cells lining the vessel walls and blood plasma proteins.
Application Insights:
Based on the application, the global VTE prevention pumps market is segmented into hospitals, surgical centers and others. The hospitals segment dominated the overall market in terms of revenue in 2017 owing to factors such as increasing prevalence of VTE and rising number of hospital-based surgeries. According to a study published by NCBI, it was estimated that around 1% to 3% people develop venous thromboembolism (VTE) after surgery every year.
The surgical centers segment is expected to grow at a lucrative rate during the forecast period due to factors such as an increase in patients undergoing knee/hip replacement procedures along with rising awareness about preventing VTEs among surgeons. In addition, an increase in healthcare facilities & availability of advanced equipment are also expected fuel growth over the forecast period.
Other applications include diagnostic laboratories.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players, high adoption rate of advanced technologies, and favorable reimbursement policies & regulatory reforms. The U.S., which is at the forefront of this region, has a well-established healthcare infrastructure that makes it one of the most lucrative markets for medical devices as well as pharmaceutical products.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to improving healthcare facilities and rising patient awareness regarding venous disorders coupled with an increasing number VTE events due to trauma or surgery procedures performed in hospitals & surgical centers (Table 1). In addition, growing medical tourism industry will also boost demand for prevention pumps in this region during the forecast period from 2018 to 2030 (Figure 1).
Growth Factors:
- Increasing incidence of venous thromboembolism (VTE)
- Growing awareness about the benefits of VTE prevention pumps
- Rising demand for minimally invasive procedures
- Technological advancements in VTE prevention pumps market
- increasing number of surgical procedures
Scope Of The Report
Report Attributes
Report Details
Report Title
VTE Prevention Pumps Market Research Report
By Type
Lower Extremity, Upper Extremity
By Application
Hospitals, Surgical Centers, Other
By Companies
Arjo, Zimmer Biomet, Breg, DJO, Cardinal Health, Currie Medical Specialties, Mego Afek AC LTD, Normatec, Bio Compression Systems, ThermoTek USA
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 VTE Prevention Pumps Market Report Segments:
The global VTE Prevention Pumps market is segmented on the basis of:
Types
Lower Extremity, Upper Extremity
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
Hospitals, Surgical Centers, Other
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:
- Arjo
- Zimmer Biomet
- Breg
- DJO
- Cardinal Health
- Currie Medical Specialties
- Mego Afek AC LTD
- Normatec
- Bio Compression Systems
- ThermoTek USA
Highlights of The VTE Prevention Pumps 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:
- Lower Extremity
- Upper Extremity
- By Application:
- Hospitals
- Surgical Centers
- Other
- 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 VTE Prevention Pumps 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.
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- Correctly Positioning New Products
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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 VTE prevention pump is a medical device that helps to prevent venous thromboembolism (VTE). Venous thromboembolism can occur when blood clots form in the veins in your legs. These clots can travel to your lungs and cause serious problems, including death. VTE prevention pumps help to remove these blood clots before they become dangerous.
Some of the key players operating in the vte prevention pumps market are Arjo, Zimmer Biomet, Breg, DJO, Cardinal Health, Currie Medical Specialties, Mego Afek AC LTD, Normatec, Bio Compression Systems, ThermoTek USA.
The vte prevention pumps market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 VTE Prevention Pumps 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 VTE Prevention Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 VTE Prevention Pumps 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 VTE Prevention Pumps 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 VTE Prevention Pumps Market Size & Forecast, 2020-2028
4.5.1 VTE Prevention Pumps Market Size and Y-o-Y Growth
4.5.2 VTE Prevention Pumps 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 Lower Extremity
5.2.2 Upper Extremity
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 Hospitals
6.2.2 Surgical Centers
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global VTE Prevention Pumps 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 VTE Prevention Pumps 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 Lower Extremity
9.6.2 Upper Extremity
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 Hospitals
9.10.2 Surgical Centers
9.10.3 Other
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 Lower Extremity
10.6.2 Upper Extremity
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 Hospitals
10.10.2 Surgical Centers
10.10.3 Other
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 Lower Extremity
11.6.2 Upper Extremity
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 Hospitals
11.10.2 Surgical Centers
11.10.3 Other
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 Lower Extremity
12.6.2 Upper Extremity
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 Hospitals
12.10.2 Surgical Centers
12.10.3 Other
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 Lower Extremity
13.6.2 Upper Extremity
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 Hospitals
13.10.2 Surgical Centers
13.10.3 Other
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 VTE Prevention Pumps Market: Competitive Dashboard
14.2 Global VTE Prevention Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arjo
14.3.2 Zimmer Biomet
14.3.3 Breg
14.3.4 DJO
14.3.5 Cardinal Health
14.3.6 Currie Medical Specialties
14.3.7 Mego Afek AC LTD
14.3.8 Normatec
14.3.9 Bio Compression Systems
14.3.10 ThermoTek USA
