As IVC Filter Lawsuit Filings Increase, Devices Expected To Reach Market Value of $71 Million

June 30, 2016 – – TheProductLawyers.com reports on the expected market value of IVC filters as lawsuits against manufacturers continue to be filed. According to Medgadget.com, “BRICSS IVC Filter Devices market value is expected to reach US $71 million by 2016, primarily supported by the product types – Retrievable Filters and Permanent IVC Filters.” The article further states that “among the product types, Retrievable IVC Filters market value indicates more than 60 percent by 2015 leaving the rest of the market to the Permanent filters.”

The cage-like devices were designed to catch blood clots before they reach the lungs. Medical research, however, has long associated the use of IVC filters with the risk of potentially life-threatening blood clots. Complications such as filter migration, filter fracture, embolization, and perforation have all been cited in adverse event reports, according to the FDA.

Severe side effects related to the devices are what have prompted hundreds of patients to file lawsuits against manufacturers such as C.R. Bard and Cook Medical. Plaintiffs in the cases have claimed that in addition to suffering from health issues, they were not adequately warned about the risks of the device by the companies. They allege that these devices were marketed despite the fact that the companies were aware of the defects.These cases have been combined in MDLs in Arizona and Indiana and are in the process of developing bellwether cases.

Banville Law is currently looking to assist those individuals who believe they have suffered significantly from the use of an IVC filter.The firm strongly believes in leveling the playing field by pursuing justice for those who have been affected by dangerous devices or drugs.Qualifying persons may be entitled to legal action and significant financial compensation. Banville Law has years of experience fighting large pharmaceutical companies who have put dangerous drugs or devices into the market.

For more information on IVC filters, to ask questions or to schedule a consultation, contact an attorney at Banville Law by calling (888) 997-3792.

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Banville Law
888-997-3792
info@banvillelaw.com
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New York, NY 10023

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