Press release
Embolic Protection Devices Market Innovations, Key Players, Industry Overview, New Project Investment, Huge Growth, Regional Analysis Till 2023
Embolic Protection Devices Market Information: By type (Distal Filter Devices, Proximal Occlusion Devices), Material (Nitinol), Usage (Disposable Devices), Application (Cardiovascular Diseases), End-User (Hospitals & Clinics) – Global Forecast Till 2023Market Outlook
Embolic protection devices are devices used to prevent or reduce plaque debris from reaching the distal bed during surgical procedures. They are commonly used in Saphenous Vein Graft (SVG) interventions and during carotid artery stenting procedures.
Additionally, factors such as the increasing approval for embolic protection devices, government initiatives and support, and increasing reimbursement coverage for cardiologic anomalies are likely to drive the market.
Global Embolic Protection Devices Market is expected to grow at a CAGR of 8.5% during the forecast period.
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Key Players
Some of the key players in the Embolic Protection Devices market are Medtronic, Abbott, Boston Scientific, Cordis. Contego Medical, W. L. Gore & Associates, Claret Medical, Allium Medical Solutions, and Angioslide.
Market Segmentation:
The global embolic protection devices market is segmented on the basis of type, material, usage, application, and end-user.
On the basis of type, the market is segmented into distal filter devices, distal occlusion devices, and proximal occlusion devices.
On the basis of material, the market is segmented into nitinol and polyurethane.
On the basis of usage, the market is segmented into disposable devices and reusable devices.
On the basis of application, the market is segmented into cardiovascular diseases, neurovascular diseases, and peripheral vascular diseases. On the basis of cardiovascular diseases, it is further sub-segmented into coronary artery diseases, trans Cather aortic valve replacement, and saphenous vein graft diseases.
On the basis of the end-user, the market is segmented into hospitals and clinics, specialty centers, and ambulatory surgical centers.
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Regional Market Summary
The increasing prevalence of cardiovascular diseases and neurovascular disorders are likely to enhance the growth of embolic protection devices. Additionally, factors such as the increasing demand for minimally invasive procedures, increasing government support, and the increasing demand for technologically advanced treatments are likely to enhance the growth of the embolic protection devices market in North America. For instance, according to the American Heart Association, in 2014, around 31% of the deaths in the U.S. were due to cardiovascular disorders.
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