Email
Print
Inferior Vena Cava Market Report
Overview
Inferior Vena Cava Market is estimated to reach $1.13 billion by 2024, with a CAGR of 9% during the forecast period 2019-2024. The inferior vena cava is a retroperitoneal vein that runs behind the abdominal cavity. The common iliac veins come together at the lumbar vertebra to form the inferior vena cava, similar to the coronary sinus that joins to form a larger blood vessel. The inferior vena cava filters are used for thromboembolic protection. It has been observed that in the past few years, there has been a rise in the demand of inferior vena cava filter placement procedures. This is because, number of people have realized the importance of these filters in avoiding life threatening situations that can be caused by blood clots.
Key Takeaways
- Inferior Vena Cava Market is projected to grow at a CAGR of 9% owing to the rising prevalence of cardiovascular diseases among the global population. In 2018, the Inferior Vena Cava market size was $656.52 million.
- North America holds the largest market share with 35% share in terms of revenue. A large population in North America are affected by cardiovascular diseases due to their sedentary lifestyle. This contributes to the large inferior vena cava market share.
Product - Segment Analysis
Inferior Vena Cava filters
are segmented based on product type as Retrievable and Permanent IVC Filters.
Retrievable filters dominate the market due to their increased preference among
patients. This is because they do not pose a threat to patient in the long term;
and can be removed once the risk of disease has been reduced or altered. Permanent
vena cava filters can increase the threat of filter related deep venous
thrombosis.
End User - Segment Analysis
Hospitals are estimated to
dominate the market owing to the large number of patients being treated for
cardiovascular diseases. Hospitals have more skilled professionals to conduct
the filter insertion procedures. They also hold higher revenue in this market
as compared to other end-users like ambulatory surgical centers and others.
Application – Segment Analysis
Treatment Venous
Thromboembolism (VTE) is the major segment by application in the IVC filter
market and is projected to grow at a CAGR of 7.3%. This is because filters are
majorly being used by patients after diagnosis of a clot. The use of filters as
a preventive device is currently low as there is limited knowledge among people.
Hence the revenue generated by Preventive PE is less compared to Treatment VTE.
Geography - Segment Analysis
During 2018, North America
dominated the inferior vena cava market based on revenue generated. This is
owing to the rising number of cardiovascular diseases and the prevalence of
blood clots among the geriatric population.
Cardiovascular diseases are high in North America due to the sedentary
lifestyle of the people. The patients prone to clot formations, are advised to
insert IVC filters as a preventive measure. This trend is also said to
contribute to the growth of inferior vena cava market.
Drivers – Inferior Vena Cava Market
·
Increase in cardiovascular
diseases among geriatric population
There is an increased
prevalence of cardiovascular diseases among geriatric population. They are more
prone to venous thromboembolism which can be treated by the use of Inferior
Vena Cava filters. Retrievable filters are more suitable for elderly patients as
they reduce the risk of bleeding and other complications. Thus IVC filters are
rising in demand among such patients.
·
Research and technological
advances in medical sciences
The innovations in medical
imaging has made the process of IVC filter insertion more simple and effective.
The advances in medical imaging will also reduce the risk and improve the
accuracy for procedure. Research to make smaller filters and for improving the
insertion procedures have increased. The development of technologically advanced
IVC Filters is estimated to further boost Inferior Vena Cava market growth.
Challenges – Inferior Vena Cava Market
·
High cost of the IVCF
devices and procedures
Currently the cost of IVC
filter placement procedures are expensive. A major section of the population
cannot afford such high costs. This is said to constrain the growth of Inferior
Vena Cava market.
·
Low awareness about inferior
vena cava filters among people
The generic population have limited
or no knowledge about the cardiovascular medical conditions and the variety of
treatments. They largely rely on medical advice from professionals. Most
thrombotic cases are being resolved by anticoagulant drugs, unless in extreme
cases where surgery is done. Thus the awareness on availability and use of
Inferior Vena Cava Filters is very low.
Inferior Vena Cava Industry Outlook
Research for the development
of improved Inferior Vena Cava Filters have been made possible by technological
advancements. Also, some companies are adopting strategic alliances to increase
their presence in the market. Inferior Vena Cava top 10 companies are Argon
Medical Devices, Inc, B. Braun Melsungen Ag, Boston Scientific Corporation, Braile
Biomdica, C. R. Bard, Cardinal Health, Inc, Cook Medical, Koninklijke Philip N
V, Veniti, Inc, ALN and others.
Inferior Vena Cava Market Research Scope:
The base year of the study
is 2018, with forecast done up to 2024. The study presents a thorough analysis
of the competitive landscape, taking into account the market shares of the
leading companies. These provide the key market participants with the necessary
business intelligence and help them understand the future of the Inferior Vena
Cava market. The assessment includes the forecast, an overview of the
competitive structure, the market shares of the competitors, as well as the
market trends, market demands, market drivers, market challenges, and product
analysis. The market drivers and restraints have been assessed to fathom their
impact over the forecast period. This report further identifies the key
opportunities for growth while also detailing the key challenges and possible
threats.
1.1 Definitions and Scope
2. Inferior Vena Cava Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Inferior Vena Cava Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Inferior Vena Cava Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Inferior Vena Cava Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Inferior Vena Cava Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Inferior Vena Cava Market - Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
11.1 Inferior Vena Cava Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Inferior Vena Cava- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Inferior Vena Cava- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Inferior Vena Cava - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Inferior Vena Cava - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Inferior Vena Cava Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Inferior Vena Cava Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Inferior Vena Cava Market - Key Company List by Country Premium
15. Inferior Vena Cava Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Aln
15.3 Argon Medical Devices, Inc
15.4 B. Braun Melsungen Ag
15.5 Boston Scientific Corporation
15.6 Braile Biomdica
15.7 C. R. Bard
15.8 Cardinal Health, Inc
15.9 Cook Medical
15.10 Koninklijke Philip N V
15.11 Veniti, Inc
15.12 Company 12
15.13 Company 13 & More
16.1 Abbreviations
16.2 Sources
17. Inferior Vena Cava Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Global Inferior Vena Cava Filter Market, By Product Market 2023-2030 ($M)1.1 Retrievable Ivc Filter Market 2023-2030 ($M) - Global Industry Research
1.2 Permanent Ivc Filter Market 2023-2030 ($M) - Global Industry Research
2.Global Global Inferior Vena Cava Filter Market, By End User Market 2023-2030 ($M)
2.1 Hospital Market 2023-2030 ($M) - Global Industry Research
2.2 Ambulatory Surgical Center Market 2023-2030 ($M) - Global Industry Research
3.Global Global Inferior Vena Cava Filter Market, By Product Market 2023-2030 (Volume/Units)
3.1 Retrievable Ivc Filter Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Permanent Ivc Filter Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Global Inferior Vena Cava Filter Market, By End User Market 2023-2030 (Volume/Units)
4.1 Hospital Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Ambulatory Surgical Center Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Global Inferior Vena Cava Filter Market, By Product Market 2023-2030 ($M)
5.1 Retrievable Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
5.2 Permanent Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
6.North America Global Inferior Vena Cava Filter Market, By End User Market 2023-2030 ($M)
6.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
6.2 Ambulatory Surgical Center Market 2023-2030 ($M) - Regional Industry Research
7.South America Global Inferior Vena Cava Filter Market, By Product Market 2023-2030 ($M)
7.1 Retrievable Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
7.2 Permanent Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
8.South America Global Inferior Vena Cava Filter Market, By End User Market 2023-2030 ($M)
8.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
8.2 Ambulatory Surgical Center Market 2023-2030 ($M) - Regional Industry Research
9.Europe Global Inferior Vena Cava Filter Market, By Product Market 2023-2030 ($M)
9.1 Retrievable Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
9.2 Permanent Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
10.Europe Global Inferior Vena Cava Filter Market, By End User Market 2023-2030 ($M)
10.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
10.2 Ambulatory Surgical Center Market 2023-2030 ($M) - Regional Industry Research
11.APAC Global Inferior Vena Cava Filter Market, By Product Market 2023-2030 ($M)
11.1 Retrievable Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
11.2 Permanent Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
12.APAC Global Inferior Vena Cava Filter Market, By End User Market 2023-2030 ($M)
12.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
12.2 Ambulatory Surgical Center Market 2023-2030 ($M) - Regional Industry Research
13.MENA Global Inferior Vena Cava Filter Market, By Product Market 2023-2030 ($M)
13.1 Retrievable Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
13.2 Permanent Ivc Filter Market 2023-2030 ($M) - Regional Industry Research
14.MENA Global Inferior Vena Cava Filter Market, By End User Market 2023-2030 ($M)
14.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
14.2 Ambulatory Surgical Center Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Inferior Vena Cava Market Revenue, 2023-2030 ($M)2.Canada Inferior Vena Cava Market Revenue, 2023-2030 ($M)
3.Mexico Inferior Vena Cava Market Revenue, 2023-2030 ($M)
4.Brazil Inferior Vena Cava Market Revenue, 2023-2030 ($M)
5.Argentina Inferior Vena Cava Market Revenue, 2023-2030 ($M)
6.Peru Inferior Vena Cava Market Revenue, 2023-2030 ($M)
7.Colombia Inferior Vena Cava Market Revenue, 2023-2030 ($M)
8.Chile Inferior Vena Cava Market Revenue, 2023-2030 ($M)
9.Rest of South America Inferior Vena Cava Market Revenue, 2023-2030 ($M)
10.UK Inferior Vena Cava Market Revenue, 2023-2030 ($M)
11.Germany Inferior Vena Cava Market Revenue, 2023-2030 ($M)
12.France Inferior Vena Cava Market Revenue, 2023-2030 ($M)
13.Italy Inferior Vena Cava Market Revenue, 2023-2030 ($M)
14.Spain Inferior Vena Cava Market Revenue, 2023-2030 ($M)
15.Rest of Europe Inferior Vena Cava Market Revenue, 2023-2030 ($M)
16.China Inferior Vena Cava Market Revenue, 2023-2030 ($M)
17.India Inferior Vena Cava Market Revenue, 2023-2030 ($M)
18.Japan Inferior Vena Cava Market Revenue, 2023-2030 ($M)
19.South Korea Inferior Vena Cava Market Revenue, 2023-2030 ($M)
20.South Africa Inferior Vena Cava Market Revenue, 2023-2030 ($M)
21.North America Inferior Vena Cava By Application
22.South America Inferior Vena Cava By Application
23.Europe Inferior Vena Cava By Application
24.APAC Inferior Vena Cava By Application
25.MENA Inferior Vena Cava By Application
26.Boston Scientific Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Cardinal Health, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Cook Medical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.C. R. Bard, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Aln, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.B. Braun Melsungen Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Braile Biomdica, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Veniti, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Argon Medical Devices, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Koninklijke Philip N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)