Thrombus Treatment Market

Trauma is considered as one of the most common causes for the formation of thrombus in the lower extremities. When any blood vessels get damages, the surround blood thickens and forms a clot. Hence, blood vessel damage due to trauma can cause the formation of a thrombus. The increases number trauma cases, especially road accidents have led to the increase in demand for thrombus treatment. According to the WHO in June 2022, around 1.3 million people lose their lives due to road accidents globally. Additionally, 20-30 trillion people suffer non-fatal injuries per year.

Over 90% of such fatalities occur in low- and middle-income countries which is expected to drive the market of thrombus treatment significantly in those countries with a significant growth rate.

Additionally, there were 178 million new fracture cases registered in 2019 globally which had increased by 33.4% since 1990. The total prevalence of acute and long-term fracture symptoms had reached 455 million in 2910 with an increase of 67.5% since 1990. Fracture is another common cause for thrombosis. Hence, the increasing incidence of trauma cases is driving market demand for the Thrombus Treatment.

The Global Thrombus Treatment Market Industry is poised for substantial growth, with projections indicating a market value of 40.3 USD Billion in 2024 and an anticipated increase to 85.4 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 7.07% from 2025 to 2035. The increasing incidence of thromboembolic disorders, advancements in medical technology, and heightened awareness are key factors driving this expansion. Furthermore, the evolving regulatory landscape is likely to facilitate the introduction of innovative therapies, enhancing treatment options for patients. As the market evolves, stakeholders are expected to capitalize on these trends to foster innovation and improve patient outcomes.

The aging population is a critical driver of the Global Thrombus Treatment Market Industry. As individuals age, the risk of thromboembolic events increases, necessitating effective treatment options. The demographic shift towards an older population is particularly pronounced in developed nations, where healthcare systems are adapting to meet the needs of this demographic. This trend is expected to contribute significantly to the market's growth, with the geriatric population projected to reach unprecedented levels by 2035. Consequently, healthcare providers are increasingly focusing on developing tailored therapies that address the unique needs of older patients, thereby enhancing the overall treatment landscape.

The Global Thrombus Treatment Market Industry benefits from favorable regulatory environments that facilitate the approval of new therapies and devices. Regulatory agencies, such as the FDA and EMA, are increasingly expediting the review processes for innovative thrombus treatments, recognizing the urgent need for effective solutions. This support encourages pharmaceutical and biotechnology companies to invest in research and development, leading to a diverse range of treatment options becoming available. The rapid approval of new anticoagulants and thrombolytics is indicative of this trend, which is likely to enhance competition and drive market expansion. As a result, the market is positioned for robust growth in the coming years.

Technological innovations are significantly shaping the Global Thrombus Treatment Market Industry. The development of novel anticoagulants, minimally invasive surgical techniques, and advanced imaging technologies enhances the efficacy of thrombus management. For instance, the introduction of catheter-directed thrombolysis has revolutionized treatment protocols, allowing for quicker and more effective interventions. These advancements not only improve patient outcomes but also reduce healthcare costs associated with prolonged hospital stays. As the market evolves, the integration of artificial intelligence in diagnostic processes is likely to further streamline treatment pathways, contributing to the anticipated growth of the market, projected to reach 85.4 USD Billion by 2035.

There is a growing emphasis on awareness and screening programs aimed at thromboembolic disorders, which is positively impacting the Global Thrombus Treatment Market Industry. Public health initiatives and educational campaigns are informing individuals about the risks associated with thrombosis, leading to earlier diagnosis and treatment. For example, organizations are promoting awareness of risk factors such as obesity and sedentary lifestyles, which are known contributors to thrombus formation. This proactive approach is expected to enhance patient engagement and compliance with treatment regimens, thereby driving market growth. The anticipated compound annual growth rate of 7.07% from 2025 to 2035 reflects the potential of these initiatives to influence market dynamics.

The Global Thrombus Treatment Market Industry is witnessing a surge in demand due to the increasing prevalence of thromboembolic disorders, such as deep vein thrombosis and pulmonary embolism. According to health statistics, these conditions affect millions globally, leading to a heightened need for effective treatment options. As the population ages, the incidence of these disorders is expected to rise, further driving market growth. This trend is particularly evident in developed countries, where lifestyle factors contribute to higher rates of thrombosis. The projected market value of 40.3 USD Billion in 2024 underscores the urgency for innovative therapies and interventions in this sector.

By Region, the study segments the market into North America, Europe, Asia-Pacific, and Rest of the World. North America held the largest market share and contributed USD 16.19 billion in 2021 owing to developed healthcare infrastructure, research grants for producing safe and effective thrombus treatment, the growing aged and obese population in the region. For instance, according to the World Health Organization (WHO) 2021, the North America population over 80 years will triple from 143 million in 2019 to 426 million in 2050. Therefore, the growing aged and obese population supports the market growth of thrombus treatment.

Further, the major countries studied are: The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: THROMBUS TREATMENT MARKET BY REGION 2022 & 2032

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe thrombus treatment market accounts for the second-largest market share owing to growing research and treatment of deep-vein thrombosis and growing awareness regarding thrombus complications are the major factors driving the market growth in Europe. For instance, according to the article published in National Center for Biotechnology Information (NCBI), deep vein thrombosis (DVT) is a healthcare burden in Europe. Furthermore, the Germany market of thrombus treatment held the largest market share, and the UK market of thrombus treatment is the fastest growing market in the Europe region.

The Asia-Pacific thrombus treatment market is expected to grow at a significant share from 2024 to 2032. Owing to the presence of a diversified patient pool, the rising prevalence of deep vein thrombosis, and increasing awareness about the treatment and usage of drugs to treat different thrombosis events in countries such as China and India are likely to boost the market in the Asia-Pacific region. Moreover, China market of thrombus treatment held the largest market share, and the India market of thrombus treatment is the fastest growing market in the Asia-Pacific region.

Major market players are spending a lot of money on R&D to increase their product lines, which will help the thrombus treatment market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the thrombus treatment industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

Teva Pharmaceutical Industries Ltd. (Israel) is one of the leaders in the pharmaceutical industry engaged in developing and providing services for generic medicines. The company utilizes its arrangement of more than 1,800 molecules to create a wide variety of generic products in almost every therapeutic area. It specializes in generic medicines, the central nervous system (CNS), brand and specialty medicines, oncology, active pharmaceutical ingredients, respiratory, women's health, and biologics. In June 2022, the company launched a generic version of apixaban oral anticoagulant that directly inhibits factor X, in UK.