As per this study the Global Embolic Protection Devices Market was valued USD XX MN (by revenue) in 2022 and is anticipated to reach USD XX MN by 2030 with a CAGR of 9.4%.
Embolic protection devices or EPDs are braided nitinol basket, available in a number of sizes for optimal vessel sizing. EPDs are primarily used during percutaneous cardiac procedures. But it also supports in reducing a number of complications, which arise due to blockages in small blood vessels caused by the debris that is released into the bloodstream.
Market Dynamics
The rising incidence of cardiovascular and neurovascular diseases across the globe is driving the demand of embolic protection devices. Increasing investments on advanced EPDs and rising demand of minimal invasive devices for the treatment is another major factor fuelling the market growth. Also, ongoing R&D by major players to overcome the limitations such as pricing pressure by large chain hospitals is expected to boost the market in upcoming years. However, product failure and recalls are likely to restrict the market growth to a certain extent during the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of embolic protection devices.
Market Segmentation
The broad embolic protection devices market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product
- Distal Occlusion Filters
- Proximal Occlusion Filters
- Distal Filters
By Application
- Neurovascular Diseases
- Cardiovascular Diseases
- Peripheral Vascular Diseases
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for embolic protection devices in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Embolic Protection Devices Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Embolic Protection Devices market include Boston Scientific Corp., Edward Lifesciences, Abbott Laboratories, Medtronic Plc, Cardinal Health, Claret Medical, Inc., Innovative Cardiovascular Solutions, LLC, Transverse Medical, Inc., Claret Medical, Inc., Gore Medical, and Allium Medical. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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