The global demand for Embolization Coils Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Aneurysm is a sac or bulge which develops in the artery owed to weaker vessel wall. It is in the brain which could include the surrounding nerves and brain tissue, resulting in upper back pain, neck pain, nausea, vomiting, headache, and nerve paralysis. Arteriovenous malformation is an abnormal connection between the veins and arteries preventing circulation of oxygenated blood throughout the brain. Embolization coils is a process minimally invasived employed for the treatment of aneurysm assisting in reducing the bleeding and closing off the sac. It is an endovascular procedure, wherein a steerable catheter is introduced into the blood stream. Mesh stents, tiny coils, and glue are employed to indorse clotting and closing off the aneurysm.
Market Dynamics
Growing demand for detachable embolization coils is rapidly growing due to its offered benefits which includes ease of use, precise coil control and stability, reliability, low cost, trackability, fewer complications, repeated coil interventions, and instant deployment. The permanent sealing with lesser thrombus formation, high efficacy, and improved embolic volume filing offered by hydrocoil and 3D detachable is further fueling the demand for detachable coils. Therefore due to such benefits offered its adoption among end-users such as hospitals and ASCs is increasing parallel fueling embolization coil market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of embolization coils.
Market Segmentation
The entire embolization coils market has been sub-categorized into application, material, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Application:
- Neurology
- Oncology
- Cardiology
- Urology
- Peripheral vascular disease
- Others
By Material:
- Platinum
- Platinum & hydrogel
- Platinum tungsten alloy
By End-User:
- Hospitals
- Ambulatory Surgical Centers
- Specialty Centers
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for embolization coils market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Embolization Coils Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the embolization coils market include Terumo Corporation, Medtronic, Boston Scientific Corporation, Stryker, DePuy Synthes, Cook, Endoshape Inc., Balth USA LLC, Penumbra, Inc., and Three Rivers Medical, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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