Vascular Snare Market to reach US$ 54.4 Mn by 2031, Rise in prevalence of venous thromboembolic diseases to drive the market

According to the report, the global vascular snare market was valued at US$ 29.5 Mn in 2020 and is projected to expand at CAGR of 5.8% from 2021 to 2031.

Albany NY, United States: Vascular Snare Market: Introduction

According to the report, the global vascular snare market was valued at US$ 29.5 Mn in 2020 and is projected to expand at CAGR of 5.8% from 2021 to 2031. A vascular snare is an endovascular device that is utilized for the removal of foreign bodies from inside arteries and veins. The snare involves several radiopaque loops of wire inside a catheter, which when extended flower out and collapse when withdrawn into the catheter. Vascular snares are used to retrieve inferior vena cava filters, lost guide wires, or broken central venous catheters.

Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=84257

Rise in Recurrent Pulmonary Embolism & Venous Thromboembolic Diseases

Inferior vena cava (IVC) filters have proven to be valuable for the prevention of primary or recurrent pulmonary embolism in select patients with or at high risk of venous thromboembolic disease. In the U.S., the percentage of annually placed optional filters i.e., filters that can remain as permanent filters or potentially be retrieved, has consistently exceeded that of permanent filters. Vascular snares are used to retrieve the lost object, with graspers and balloons. This is likely to boost the growth of the market during the forecast period.

Ever since endovascular interventions have been performed, there have been reports of displaced, embolic, and malposition medical devices within arteries and veins. This complication is distressing to both interventionists and patients. Most interventionists will encounter an intravascular foreign body at some point in their careers, either because of their own procedure or as a referral. It is an unfortunate reality that stents, inferior vena cava (IVC) filters, catheters, guide wires, coils, and other medical devices are occasionally deployed in the wrong location, and fracture. These factors are projected to increase demand for vascular snares during the forecast period.

Request for Analysis of COVID-19 Impact on Vascular Snare Market- https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=84257

Single-loop Snare Segment to Lead Vascular Snare Market

In terms of type, the global vascular snare market has been classified into single-loop snare, triple-loop snare, four-loop snare, and others. The single-loop snare segment accounted for prominent share of 40.54% of the market in 2020. The segment is anticipated to expand at a CAGR of 6.1% from 2021 to 2031. Increase in promotional activities conducted by single loop snare manufacturing companies and availability of a high number of products are expected to contribute to the large market share of the segment during the forecast period.

Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84257

North America to Lead Vascular Snare Market

In terms of region, the global vascular snare market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for major share of 41.68% of the global vascular snare market in 2020. The market in the region is expected to expand at a CAGR of 5.2% from 2021 to 2031. North America’s large market share can be attributed to well-developed health care infrastructure, high health care expenditure, and adoption of branded vascular snare. Moreover, presence of major manufacturers is likely to augment the market in the segment during the forecast period.

Buy now Vascular Snare Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=84257&ltype=S

Competition Landscape

Key players operating in the global vascular snare market include Argon Medical Devices, Inc., B. Braun Melsungen AG, C. R. Bard, Inc. (Becton, Dickinson and Company), Cook Medical LLC, Medtronic, Merit Medical Systems, Inc., pfm medical Ag, and Teleflex Incorporated.

More Trending Reports by Transparency Market Research:

Viral Inactivation Market A popular strategy with savvy players in the global market for viral inactivation trying to bolster their positions is the thrust on acquisitions. Besides, they are also investing heavily in research and development to come up with new products in response to various requirements for treating diseases. A dominant player in the market, namely Merck & Co., Inc., is seen to have a stronghold across nations worldwide.

Single Use Cystoscope Market With the onset of the coronavirus infection, there is growing awareness about preventing other infections such as the urinary tract infection (UTI). The UTI is being traced toward the use of damaged reusable cystoscopies. Companies in the single use cystoscope market are capitalizing on these findings to increase the availability of products in hospitals, clinics, and diagnostic centers.

Interventional Radiology Drainage Procedures Market Most people with conditions such as abscess are likely to experience fever, chills, and pain in the approximate body area that is involved. People with these symptoms commonly prefer imaging tests including CT scans or ultrasound to identify and precisely diagnose the abscess. In percutaneous abscess drainage, an interventional radiologist uses imaging tests and guidance to put a thin needle into the abscess and obtain a sample of the infected fluid from the area of the body such as the chest, abdomen, or pelvis.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/