The embolization coil refers to endovascular intervention technique used for treatment of intracranial ruptured or unruptured aneurysms and other disorders. The swift development of embolization techniques has permitted endovascular treatment to be applied on more complex aneurysms those were initially impossible to treat via traditional endovascular techniques.
Embolization Coil Market Conspectus
Global Embolization Coil Market Report demonstrated that Embolization Coil market is poised to present surging growth during the predicted period from XXXX USD in 2019 to XXXX USD by 2026 with a CAGR of XXXX. Global economic development, government policy adjustment, related industry dynamics, industrial upgrading, and competition among enterprises are influencing the development of Embolization Coil market. A distinctive and comprehensive picture of Embolization Coil is embodied in the report.
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Major Participators Landscape
Major participators covered in this report are Terumo Corporation, Medtronic, Boston Scientific Corporation, Stryker Corporation, Cordis Corporation, DePuy Synthes, St. Jude Medical, Cook Medical, and Sirtex medical. To cater to the need of consumers, manufacturers focus on product innovation, brand extension, and the introduction of new product. Some of them will be endowed with vital future while others will show a weak growth during the prospective timeframe.
Market Dynamics Abstract
First and foremost, the market growth is primely attributed to the high prevalence of cardiac aneurysm and other chronic diseases. Secondly, the rising demand for minimally invasive surgery, the growing aging population are also giving impetus to the Embolization Coil market growth. Furthermore, the growing patient awareness and adoption of advanced technology are factors that also anticipated to pave the way for Embolization Coil market growth.
Market Challenges Abstract
On the contrary, Embolization Coil market growth is anticipated to be retarded by some factors such as the high cost of Embolization Coil and the possibility of surgery side-effects.
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Embolization Coil Type Abstract
On the basis of the type, the Embolization Coil can be bifurcated into Pushable and Detachable.
In 2018, the pushable coils segment held the largest market of the embolization coils market. The detachable coils segment is expected to be the fastest growing segment and dominate the market during the predicted period owing to its advantage of placing it with the single click mechanical detachment handle technology.
Embolization Coil Application Abstract
The Embolization Coil is widely used into Neurology, Oncology, Urology, and Peripheral Vascular Disease.
The neurology segment is anticipated to grow rapidly during the forecast period.
Key Regions Overview
North America was the leading market in 2018 and expected to maintain its leading share throughout the forecast period. This is mainly attributed to the availability of advanced healthcare facilities in the U.S. and Canada and higher expenditure on healthcare in the region.
The Asia Pacific is anticipated to be the fastest growing region owing to the continuous technology advancement, the awareness of adopting new technology, the presence of huge patient population for target diseases, government initiatives to develop healthcare infrastructure, growing awareness among neurosurgeons towards the benefits offered by interventional neurology devices, and rising acceptance of neurovascular devices.
Western Europe is also projected to grow at a considerable rate during the predicted timeframe. This growth is mainly attributed by the rising awareness towards the use of peripheral embolization devices for curing various diseases such as cardiovascular and bleeding disorders.
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Target Audience:
• Embolization Coil manufacturers
• Raw material suppliers of Embolization Coil
• Distributors and resellers of Embolization Coil
• Embolization Coil industry associations
• Product managers, Embolization Coil industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Healthcare Organization
• Research & Clinical Laboratories
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