Market Snapshot:
Venous thromboembolism (VTE) is a disease in which a blood clot arises in the deep veins of the leg, groyne, or arm (also known as DVT) and passes into the circulation, eventually lodging in the lungs (known as pulmonary embolism, PE). Deep Vein Thrombosis and Pulmonary Embolism (DVT/PE) are severe but preventable medical complications that are often underdiagnosed. VTE is a major cause of death and injury around the world. Furthermore, one-third to one-half of patients who have a DVT will have long-term problems as a result of the clot's disruption to the vein's valves, known as post-thrombotic syndrome (PTS).
Segment Analysis
AMA Research have segmented the market of Global Venous Thromboembolism market by Type, Application and Region.
On the basis of geography, the market of Venous Thromboembolism has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
Increasing R&D on in Healthcare industry
Market Drivers
Prevalence of Blood Clot Associated Disorders, Rising Healthcare Awareness and Growth in Healthcare and Pharma Infrastructure
Opportunities
Low Penetration in Emerging Regions Particularly Asia
Restraints
- Lack of Trained Professionals
- Side Effects and Adverse Reactions
In addition to the aforementioned factor, Prevalence of Blood Clot Associated Disorders
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
The key Players profiled in the study are Pfizer (United States), ArjoHuntleigh AB (Sweden), Koninklijke Philips N.V. (Netherlands), BTG International Ltd. (United Kingdom), AngioDynamics (United States), Argon Medical Devices, Inc. (United States), Cardinal Health Inc. (Medtronic) (United States), Stryker Corporation (United States), DJO Global Inc. (United States), Boston Scientific Corp. (United States) and Teleflex Inc. (United States). A lot of United States players are profiled in the research study indicating a strong market dependence.