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Analysis of the Market Development Prospects of Stent Retriever
Stroke, commonly known as "cerebral stroke," is an acute cerebrovascular disease caused by sudden rupture of blood vessels in the brain leading to hemorrhage (brain hemorrhage) or due to vascular blockage resulting in insufficient blood flow to the brain causing ischemia (cerebral infarction), which causes brain tissue damage, leading to disability or even life-threatening conditions. Stroke has the "five high" characteristics of high incidence, high recurrence rate, high disability rate, high mortality rate, and high economic burden.
In the short period after providing mechanical thrombectomy for stroke treatment, the device for endovascular thrombectomy has undergone significant evolution. Stent retriever has become the main device for stroke treatment among neurointerventionists globally.
According to industry analysis, the global market for stroke treatment devices (including stent retriever) is expected to reach $2.55 billion by 2025, with a compound annual growth rate (CAGR) of 9.4% from 2020 to 2025. This growth is mainly driven by the aging society, the prevalence of minimally invasive treatments, and advances in medical technology. This article will analyze in detail the market drivers and development prospects of stent retriever.
Market Drivers of Stent Retriever
The Continuous Rise in Global Stroke Incidence
With the intensification of the global aging population and changes in lifestyle (such as irregular diet, lack of exercise, etc.), the incidence of stroke continues to rise. According to the World Health Organization (WHO), stroke is the second leading cause of death worldwide, second only to heart disease, causing about 6 million deaths annually.
Rising Incidence: According to 2020 statistics, there are about 13 million new cases of stroke worldwide. With changes in lifestyle habits and disease prevention awareness, the incidence of stroke is expected to continue to grow in the future.
Increasing Need for Cure and Survival Rates: With advances in medical technology, more and more patients are surviving, but many survivors face long-term neurological dysfunction. Therefore, acute intervention treatments, such as the application of stent retriever, are especially important.
The Rise of Minimally Invasive Interventional Techniques
In recent years, the application of minimally invasive interventional treatment in stroke therapy has gradually increased. Compared to traditional surgeries, minimally invasive treatments have advantages of less trauma, faster recovery, and fewer complications. Stent retriever, as part of the minimally invasive treatment, has become a standard method for acute stroke therapy.
Technological Innovation and Equipment Upgrades
With continuous technological progress, the design of stent retriever is constantly being optimized. For example, earlier stent retriever had relatively low thrombectomy efficiency, but now new devices have higher capture efficiency and fewer complications, significantly improving treatment outcomes. Recently launched stent retriever adopts more flexible designs, allowing for more precise entry into blood vessels while minimizing vascular damage and enhancing thrombectomy efficiency. These technological innovations provide higher treatment guarantees and promote the demand for the devices.
Policy and Medical Infrastructure Support
Many countries have introduced relevant policies encouraging medical technology innovation, especially for the treatment of acute diseases (such as stroke). For instance, China has vigorously promoted early diagnosis and treatment of stroke, including the use of stent retriever, in recent years, further promoting the technology's popularity domestically. For example, the U.S. Healthcare Reform Act has increased investments in acute phase treatment devices, particularly in emergency handling of major diseases such as stroke. The promotion of similar policies can further drive the growth in device demand.
Overall, the market prospect for stent retriever is broad, influenced by multiple factors such as the rising global incidence of stroke, the development of minimally invasive technology, technological innovation, and policy support. It is expected that in the coming years, the related market will maintain rapid growth. For medical enterprises, this provides a vast market space for the research, production, and promotion of related devices.