South Korea Thrombus Removal Equipment Market Size, Share, and COVID-19 Impact Analysis, By Type (Hydrodynamic, Ultrasound, Aspiration, Mechanical, Others), By Application (Hospitals, Ambulatory Surgical Centers, Research Academic laboratories), and South Korea Thrombus Removal Equipment Market Insights, Industry Trend, Forecasts to 2035

South Korea Thrombus Removal Equipment Market Insights Forecasts to 2035  

• The South Korea Thrombus Removal Equipment Market Size is Expected to Grow at a CAGR of around 6.3% from 2025 to 2035
• The South Korea Thrombus Removal Equipment Market Size is Expected to Hold a Significant Share by 2035

According to a Research Report Published by Spherical Insights & Consulting, The South Korea Thrombus Removal Equipment Market Size is anticipated to Hold Significant Share by 2035, Growing at a CAGR of 6.3% from 2025 to 2035. The South Korea Thrombus Removal Equipment Market is driven due to several factors, including a rise in cardiovascular disease prevalence, technological advancements in medical devices, and government support for medical technology adoption. Increased awareness and preference for minimally invasive procedures are also contributing to the market's expansion.

Market Overview:

Thrombus removal tools include medical devices and technologies used to remove blood clots (thrombi) from body blood vessels in the market, mainly to restore blood flow and treat conditions such as stroke, pleural embolism and deep vein thrombosis. This market includes many devices such as aspiration thrombectomy device, mechanical thrombectomy device and ultrasonic thrombectomy device. The South Korean thrombus removal equipment market offers important opportunities, which is inspired by the increasing prevalence of heart and neurovascular diseases, rapid aging population and progresses in minimal invasive processes. The market, including thrombus extraction catheters, mechanical thrombectomy devices and aspiration catheters, is expected to grow to a large extent in the coming years. While the specific government schemes targeting the thrombectomy tool market in South Korea are not clearly wide in the discovery results provided, the country's healthcare systems and policies indirectly affect its development. South Korea has a universal healthcare system, focusing on improvement in access to advanced medical technologies, including stroke treatment. This includes initiative to improve stroke awareness, initial diagnosis and intervention capacity through public-private partnership.

Report Coverage: 

This research report categorizes the South Korea thrombus removal equipment market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea thrombus removal equipment market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea thrombus removal equipment market.  

Driving Factor

The South Korean thrombus removal equipment market is mainly inspired by an aging population, increasing prevalence of cardiovascular diseases and technological progress in medical devices. These factors contribute to more demand for effective and minimal invasive treatment for blood clots, especially in stroke and other thrombotic conditions.

Restraining Factor 

The South Korean thrombus removal tools face several preventive factors in the market, including high device costs, timely logistic challenges related to patient transport and risk of complications during procedures. Additionally, the requirement of reimbursement policies and special stroke centres can obstruct market development.

Market Segmentation  

The South Korea thrombus removal equipment market share is classified into type and application. 

• The  mechanical segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period 

The South Korea thrombus removal equipment market is segmented by type into hydrodynamic, ultrasound, aspiration, mechanical, others. Among these, the mechanical segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This dominance is driven by their effectiveness in restoring blood flow during mechanical thrombectomy procedures for acute ischemic stroke. While other methods like hydrodynamic, ultrasound, and other technologies exist, mechanical thrombectomy with stent retrievers and aspiration catheters is the most prevalent approach.

• The hospitals segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period 

The South Korea thrombus removal equipment market is segmented by application into hospitals, ambulatory surgical centers, and research academic laboratories. Among these, the hospitals segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Hospitals utilize these devices for critical interventions in acute cases like stroke and deep vein thrombosis (DVT). ASCs are increasingly adopting these technologies due to their efficiency and focus on minimally invasive procedures. Research and academic laboratories also utilize these devices, but primarily for research and development purposes.

Competitive Analysis: 

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea thrombus removal equipment market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.  

List of Key Companies

• Medtronic
• Philips
• Terumo
• Teleflex
• Kaneka Corporation
• iVascular
• Biotronik
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment 

This study forecasts revenue at the Germany, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Thrombus Removal Equipment Market based on the below-mentioned segments: 

South Korea Thrombus Removal Equipment Market, By Type

• Hydrodynamic
• Ultrasound
• Aspiration
• Mechanical
• Others

South Korea Thrombus Removal Equipment Market, By Application

• Hospitals
• Ambulatory Surgical Centers
• Research Academic laboratories