Product Code: ETC8853334 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The thrombectomy devices market in the Philippines is expanding due to the rising incidence of stroke and vascular diseases. These devices are critical in the removal of blood clots from arteries, improving patient outcomes. Growth in this market is driven by advancements in minimally invasive procedures, increased healthcare investments, and an aging population prone to cardiovascular conditions.
The thrombectomy devices market in the Philippines is experiencing growth due to the increasing incidence of stroke and peripheral artery diseases. The rising adoption of minimally invasive procedures for clot removal is driving demand for advanced thrombectomy devices. Technological innovations, including catheter-based and aspiration thrombectomy devices, are improving procedural success rates. Additionally, increased investment in healthcare infrastructure and growing awareness of stroke prevention are fueling market growth.
The thrombectomy devices market faces challenges related to high procedural costs and limited access to advanced medical facilities. Many hospitals in the Philippines lack the necessary equipment and trained specialists to perform thrombectomy procedures. Additionally, reimbursement issues and regulatory requirements slow down market expansion.
The increasing demand for minimally invasive stroke treatments is driving investment in thrombectomy devices. Companies can focus on next-generation mechanical thrombectomy solutions, catheter-based interventions, and AI-assisted surgical tools to enhance patient outcomes.
The Philippine government enforces medical device regulations affecting the thrombectomy devices market. The FDA ensures that thrombectomy devices meet international safety standards. The DOH provides thrombectomy procedures in public hospitals, improving stroke treatment access. PhilHealth covers thrombectomy procedures under national health insurance programs. Government incentives promote research and innovation in medical device manufacturing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Thrombectomy Devices Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Thrombectomy Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Thrombectomy Devices Market - Industry Life Cycle |
3.4 Philippines Thrombectomy Devices Market - Porter's Five Forces |
3.5 Philippines Thrombectomy Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Thrombectomy Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Philippines Thrombectomy Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Thrombectomy Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Thrombectomy Devices Market Trends |
6 Philippines Thrombectomy Devices Market, By Types |
6.1 Philippines Thrombectomy Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Thrombectomy Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Thrombectomy Devices Market Revenues & Volume, By Automated Devices, 2021- 2031F |
6.1.4 Philippines Thrombectomy Devices Market Revenues & Volume, By Manual Devices, 2021- 2031F |
6.2 Philippines Thrombectomy Devices Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Thrombectomy Devices Market Revenues & Volume, By Mechanical Thrombectomy, 2021- 2031F |
6.2.3 Philippines Thrombectomy Devices Market Revenues & Volume, By Aspiration Thrombectomy, 2021- 2031F |
6.2.4 Philippines Thrombectomy Devices Market Revenues & Volume, By Rheolytic Thrombectomy, 2021- 2031F |
6.3 Philippines Thrombectomy Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Thrombectomy Devices Market Revenues & Volume, By Peripheral Diseases, 2021- 2031F |
6.3.3 Philippines Thrombectomy Devices Market Revenues & Volume, By Coronary Disease, 2021- 2031F |
6.3.4 Philippines Thrombectomy Devices Market Revenues & Volume, By Neural Diseases, 2021- 2031F |
7 Philippines Thrombectomy Devices Market Import-Export Trade Statistics |
7.1 Philippines Thrombectomy Devices Market Export to Major Countries |
7.2 Philippines Thrombectomy Devices Market Imports from Major Countries |
8 Philippines Thrombectomy Devices Market Key Performance Indicators |
9 Philippines Thrombectomy Devices Market - Opportunity Assessment |
9.1 Philippines Thrombectomy Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Thrombectomy Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Philippines Thrombectomy Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Thrombectomy Devices Market - Competitive Landscape |
10.1 Philippines Thrombectomy Devices Market Revenue Share, By Companies, 2024 |
10.2 Philippines Thrombectomy Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |