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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Venous Thromboembolism Devices Market: By Type of Device, By Disease Type By End-User and Geography
Venous Thromboembolism Devices Market Size was valued at US$ 956 million in 2023 and is poised to grow at a CAGR of 8.6% from 2024-2030. The global market provides a detailed overview and can be segmented by type of device, disease type, end user, and region. By type of device, the venous thromboembolism devices market has been segmented into compression stockings, gradual or medical compression stockings, anti-embolism stockings, nonmedical support hosiery, intermitted pneumatic compression devices, inferior vena cava filters, retrievable IVC filters, permanent IVC filters. By disease type, the venous thromboembolism devices market has been segmented into deep vein thrombosis and pulmonary embolism.
By disease type, the pulmonary embolism segment held the largest revenue share of the venous thromboembolism devices market in past years and is expected to have the fastest growth rate over the forecasted period due to its increasing diseases rate globally. Based on the end user, the segment has been segregated into hospitals, diagnostic centers, and ambulatory surgical centers. The hospital segment is expected to lead the end-user segments owing to the increasing patient population which in turn increases the hospitalization rate worldwide.
In June 2021, Janssen Pharmaceuticals, Inc, a Belgium-based pharmaceutical company, announced receiving Food and Drug Administration (FDA) approval for its new product XARELTO® (rivaroxaban) for the treatment of two indications - deep venous thrombosis and pulmonary embolism. This will assist the company to strengthen its footprint in the market.
Study Period
2024-2030Base Year
2023CAGR
8.6%Largest Market
North AmericaFastest Growing Market
North America
Increasing prevalence of pulmonary embolism disease is one of the leading factors driving the growth in the market. For instance, according to the Centers for Disease Control and Prevention, about 900,000 people in the U.S. are affected by pulmonary embolism, causing around 60,000 to 100,000 deaths every year. As several patients are at high risk of developing more serious venous thromboembolism, therapeutics such as retrievable vena cava filters are increasingly being used to stop the progression of malignant pulmonary embolism. This is further expected to enhance the sales of venous thromboembolism treatments in the market
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 956 million |
Market CAGR |
8.6% |
By Type of Device |
|
By Disease Type |
|
By End-User |
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The venous thromboembolism devices market size was valued at US$ 956 million in 2023
Fukuda Denshi Co., Ltd (Japan), Baxter International Inc, Lidco Group Plc, All Pro Corporation, Abbott Laboratories
North America is the fastest-growing region for venous thromboembolism devices market
In terms of indication, the deep venous thrombosis segment is expected to account for a significant share of the total venous thromboembolism treatment sales market in 2022.
1.Executive Summary |
2.Global Venous Thromboembolism Devices Market Introduction |
2.1.Global Venous Thromboembolism Devices Market - Taxonomy |
2.2.Global Venous Thromboembolism Devices Market - Definitions |
2.2.1.Type of Device |
2.2.2.Disease Type |
2.2.3.By End-User |
2.2.4.Region |
3.Global Venous Thromboembolism Devices Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Venous Thromboembolism Devices Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Venous Thromboembolism Devices Market By Type of Device , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Compression Stockings, |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Gradual or medical compression stockings, |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Anti-embolism stockings, |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Nonmedical support hosiery, Intermitted pneumatic compression devices, |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Inferior vena cava filters, |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Retrievable IVC filters, |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Permanent IVC Filters |
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
6.Global Venous Thromboembolism Devices Market By Disease Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Deep vein thrombosis, |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Pulmonary embolism |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7.Global Venous Thromboembolism Devices Market By By End-User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Hospitals, |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Diagnostic Centers, |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Ambulatory surgical Centres |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8.Global Venous Thromboembolism Devices Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Venous Thromboembolism Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Type of Device Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Compression Stockings, |
9.1.2.Gradual or medical compression stockings, |
9.1.3.Anti-embolism stockings, |
9.1.4.Nonmedical support hosiery, Intermitted pneumatic compression devices, |
9.1.5.Inferior vena cava filters, |
9.1.6.Retrievable IVC filters, |
9.1.7.Permanent IVC Filters |
9.2. Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Deep vein thrombosis, |
9.2.2. Pulmonary embolism |
9.3. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Hospitals, |
9.3.2. Diagnostic Centers, |
9.3.3.Ambulatory surgical Centres |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Venous Thromboembolism Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Type of Device Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Compression Stockings, |
10.1.2.Gradual or medical compression stockings, |
10.1.3.Anti-embolism stockings, |
10.1.4.Nonmedical support hosiery, Intermitted pneumatic compression devices, |
10.1.5.Inferior vena cava filters, |
10.1.6.Retrievable IVC filters, |
10.1.7.Permanent IVC Filters |
10.2. Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Deep vein thrombosis, |
10.2.2. Pulmonary embolism |
10.3. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Hospitals, |
10.3.2. Diagnostic Centers, |
10.3.3.Ambulatory surgical Centres |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Venous Thromboembolism Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Type of Device Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Compression Stockings, |
11.1.2.Gradual or medical compression stockings, |
11.1.3.Anti-embolism stockings, |
11.1.4.Nonmedical support hosiery, Intermitted pneumatic compression devices, |
11.1.5.Inferior vena cava filters, |
11.1.6.Retrievable IVC filters, |
11.1.7.Permanent IVC Filters |
11.2. Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Deep vein thrombosis, |
11.2.2. Pulmonary embolism |
11.3. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Hospitals, |
11.3.2. Diagnostic Centers, |
11.3.3.Ambulatory surgical Centres |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Venous Thromboembolism Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Type of Device Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Compression Stockings, |
12.1.2.Gradual or medical compression stockings, |
12.1.3.Anti-embolism stockings, |
12.1.4.Nonmedical support hosiery, Intermitted pneumatic compression devices, |
12.1.5.Inferior vena cava filters, |
12.1.6.Retrievable IVC filters, |
12.1.7.Permanent IVC Filters |
12.2. Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Deep vein thrombosis, |
12.2.2. Pulmonary embolism |
12.3. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Hospitals, |
12.3.2. Diagnostic Centers, |
12.3.3.Ambulatory surgical Centres |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Venous Thromboembolism Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Type of Device Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Compression Stockings, |
13.1.2.Gradual or medical compression stockings, |
13.1.3.Anti-embolism stockings, |
13.1.4.Nonmedical support hosiery, Intermitted pneumatic compression devices, |
13.1.5.Inferior vena cava filters, |
13.1.6.Retrievable IVC filters, |
13.1.7.Permanent IVC Filters |
13.2. Disease Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Deep vein thrombosis, |
13.2.2. Pulmonary embolism |
13.3. By End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Hospitals, |
13.3.2. Diagnostic Centers, |
13.3.3.Ambulatory surgical Centres |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Fukuda Denshi Co., Ltd (Japan) |
14.2.2.Baxter International Inc. (U.S) |
14.2.3.Lidco Group Plc. (U.K) |
14.2.4.All Pro Corporation (China) |
14.2.5.Abbott Laboratories (U.S) |
14.2.6.Accellent, Inc.(U.S) |
14.2.7.Cardiva Medical, Inc.(U.S) |
14.2.8.Biosensors International Group, Ltd.(Singapore) |
14.2.9.3M Healthcare (U.S) |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players