Inferior Vena Cava Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024

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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. Inferior Vena Cava Market - Overview
        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
8. Inferior Vena Cava Market - By Product (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Retrievable Ivc Filter
            8.3.2 Permanent Ivc Filter
9. Inferior Vena Cava Market - By End User (Market Size -$Million / $Billion)
9.1 Hospital
9.2 Ambulatory Surgical Center
9.3 Other
10. Inferior Vena Cava - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Treatment Venous Thromboembolism
            10.3.2 Prevent Pulmonary Embolism
            10.3.3 Other Application
11. Inferior Vena Cava - By Geography (Market Size -$Million / $Billion)
        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
*Financials would be provided on a best efforts basis for private companies
16. Inferior Vena Cava Market - Appendix
        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 2019-2024 ($M)
1.1 Retrievable Ivc Filter Market 2019-2024 ($M) - Global Industry Research
1.2 Permanent Ivc Filter Market 2019-2024 ($M) - Global Industry Research
2.Global Global Inferior Vena Cava Filter Market, By End User Market 2019-2024 ($M)
2.1 Hospital Market 2019-2024 ($M) - Global Industry Research
2.2 Ambulatory Surgical Center Market 2019-2024 ($M) - Global Industry Research
3.Global Global Inferior Vena Cava Filter Market, By Product Market 2019-2024 (Volume/Units)
3.1 Retrievable Ivc Filter Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Permanent Ivc Filter Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Global Inferior Vena Cava Filter Market, By End User Market 2019-2024 (Volume/Units)
4.1 Hospital Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Ambulatory Surgical Center Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Global Inferior Vena Cava Filter Market, By Product Market 2019-2024 ($M)
5.1 Retrievable Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
5.2 Permanent Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
6.North America Global Inferior Vena Cava Filter Market, By End User Market 2019-2024 ($M)
6.1 Hospital Market 2019-2024 ($M) - Regional Industry Research
6.2 Ambulatory Surgical Center Market 2019-2024 ($M) - Regional Industry Research
7.South America Global Inferior Vena Cava Filter Market, By Product Market 2019-2024 ($M)
7.1 Retrievable Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
7.2 Permanent Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
8.South America Global Inferior Vena Cava Filter Market, By End User Market 2019-2024 ($M)
8.1 Hospital Market 2019-2024 ($M) - Regional Industry Research
8.2 Ambulatory Surgical Center Market 2019-2024 ($M) - Regional Industry Research
9.Europe Global Inferior Vena Cava Filter Market, By Product Market 2019-2024 ($M)
9.1 Retrievable Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
9.2 Permanent Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
10.Europe Global Inferior Vena Cava Filter Market, By End User Market 2019-2024 ($M)
10.1 Hospital Market 2019-2024 ($M) - Regional Industry Research
10.2 Ambulatory Surgical Center Market 2019-2024 ($M) - Regional Industry Research
11.APAC Global Inferior Vena Cava Filter Market, By Product Market 2019-2024 ($M)
11.1 Retrievable Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
11.2 Permanent Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
12.APAC Global Inferior Vena Cava Filter Market, By End User Market 2019-2024 ($M)
12.1 Hospital Market 2019-2024 ($M) - Regional Industry Research
12.2 Ambulatory Surgical Center Market 2019-2024 ($M) - Regional Industry Research
13.MENA Global Inferior Vena Cava Filter Market, By Product Market 2019-2024 ($M)
13.1 Retrievable Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
13.2 Permanent Ivc Filter Market 2019-2024 ($M) - Regional Industry Research
14.MENA Global Inferior Vena Cava Filter Market, By End User Market 2019-2024 ($M)
14.1 Hospital Market 2019-2024 ($M) - Regional Industry Research
14.2 Ambulatory Surgical Center Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Inferior Vena Cava Market Revenue, 2019-2024 ($M)
2.Canada Inferior Vena Cava Market Revenue, 2019-2024 ($M)
3.Mexico Inferior Vena Cava Market Revenue, 2019-2024 ($M)
4.Brazil Inferior Vena Cava Market Revenue, 2019-2024 ($M)
5.Argentina Inferior Vena Cava Market Revenue, 2019-2024 ($M)
6.Peru Inferior Vena Cava Market Revenue, 2019-2024 ($M)
7.Colombia Inferior Vena Cava Market Revenue, 2019-2024 ($M)
8.Chile Inferior Vena Cava Market Revenue, 2019-2024 ($M)
9.Rest of South America Inferior Vena Cava Market Revenue, 2019-2024 ($M)
10.UK Inferior Vena Cava Market Revenue, 2019-2024 ($M)
11.Germany Inferior Vena Cava Market Revenue, 2019-2024 ($M)
12.France Inferior Vena Cava Market Revenue, 2019-2024 ($M)
13.Italy Inferior Vena Cava Market Revenue, 2019-2024 ($M)
14.Spain Inferior Vena Cava Market Revenue, 2019-2024 ($M)
15.Rest of Europe Inferior Vena Cava Market Revenue, 2019-2024 ($M)
16.China Inferior Vena Cava Market Revenue, 2019-2024 ($M)
17.India Inferior Vena Cava Market Revenue, 2019-2024 ($M)
18.Japan Inferior Vena Cava Market Revenue, 2019-2024 ($M)
19.South Korea Inferior Vena Cava Market Revenue, 2019-2024 ($M)
20.South Africa Inferior Vena Cava Market Revenue, 2019-2024 ($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)