Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Inferior Vena Cava Filter (IVCF) is a metallic device used to prevent blood clots from traveling to lungs. GlobalData uses proprietary data and analytics to provide a comprehensive report on the inferior vena cava filters market in India. Buy the latest report here.
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In 2022, GlobalData’s Market Model methodology determined that the leading player in the inferior vena cava filters market in India was ALN implants chirurgicaux followed by B. Braun Melsungen, Becton Dickinson and Co, Boston Scientific, Cardinal Health, Cook Group, LifeTech Scientific, Merit Medical Systems, Mermaid Medical and Shandong Weigao Group Medical Polymer.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
The filter is inserted inside a large vein called the inferior vena cava (which carries blood from lower extremities to the heart). IVC filter traps blood clots before it reaches to the lungs. It is commonly used as a preventive measure in cases where DVT and PE has been diagnosed or as a prophylactic device in cases where the risk of developing VTE is high and there is a contraindication for anticoagulants. Usage of IVC filters can prevent PE, but it does not restrict blood clot formation. IVC filters are made of non-ferromagnetic materials [Cobalt Chromium Alloy, Stainless Steel, Titanium, Nickel-Titanium (Nitinol)]. Permanent, Retrievable IVC filters and IVCF Retrieval devices have been tracked under this segment. Permanent inferior vena cava filters (IVCF) once inserted cannot be removed or repositioned. Retrievable inferior vena cava filters (IVCF) once inserted can be retrieved or repositioned up to a certain point of time. Optional Retrievable inferior vena cava filters are used to prevent pulmonary embolism when anticoagulation is ineffective. Temporary Retrievable inferior vena cava filters are used to prevent the risk of PE for a short duration and should be ideally retrieved within 30 to 60 days. IVCF Retrieval devices are used for removal of Retrievable IVC Filters from the vena cava.
The inferior vena cava filters market in India can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size inferior vena cava filters in India, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
