Press release
(2017 – 2024) Embolic Protection Devices Market: Prominent industry players |Abbott Laboratories, Cardinal Health, Medtronic, Boston Scientific, Gore Medical, Claret Medical, Allium Medical
U.S. embolic protection devices market dominated the industry owing to incessant technological innovations in the region and increased use of these devices among physicians to avoid brain injuries during interventional cardiovascular procedures.Embolic Protection Devices Market will reach USD 1.8 billion by 2023; as per a new research report by Global Market Insights, Inc.
Growing geriatric population worldwide coupled with increasing incidence of cardiovascular diseases globally will drive industry growth over the forecast timeframe. Mounting patient awareness to treat peripheral and coronary heart diseases should also catalyze the growth of global embolic protection devices market.
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Increasing aging population will substantially influence the embolic protection devices industry, as age is major factor responsible for developing coronary heart diseases, carotid heart diseases and stroke leading to death.
Rising preference towards minimally invasive procedures such as carotid angioplasty and TAVR should encourage the use of embolic protection devices. Physicians are now focusing on protecting brain injuries during various cardiac procedures by using embolic protection devices.
Embolic protection devices market growth should be slowed down by the presence of stringent regulatory scenario and unfavorable reimbursement scenario in certain countries. Moreover, dip in ASPs due to increase in competition is expected to impede the market growth over the forecast timeline.
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Table of Content:
Chapter 4. Embolic Protection Devices Market, By Product
4.1 Embolic protection devices market share by product, 2016 & 2024
4.2 Distal Occlusion Systems
4.2.1 Market estimates and forecast, by region, 2013 - 2024
4.3 Proximal Occlusion Systems
4.3.1 Market estimates and forecast, by region, 2013 – 2024
4.4 Distal Filters
4.4.1 Market estimates and forecast, by region, 2013 – 2024
Chapter 5. Embolic Protection Devices Market, By Application
5.1 Embolic protection devices market share by application, 2016 & 2024
5.2 Carotid Artery Diseases
5.2.1 Market estimates and forecast, by region, 2013 - 2024
5.3 Coronary Artery Diseases
5.3.1 Market estimates and forecast, by region, 2013 – 2024
5.4 Peripheral Vascular Diseases
5.4.1 Market estimates and forecast, by region, 2013 – 2024
5.5 Others
5.5.1 Market estimates and forecast, by region, 2013 – 2024
Distal filters dominated the industry owing to its high penetration in the market. These devices are popularly used as they are easy to deploy, and do not interfere with lesion visualization.
Carotid artery diseases led the total embolic protection devices market in terms of application in 2016. These devices are largely used to prevent stroke while undertaking stenting procedures.
Germany embolic protection devices market holds the largest regional revenue share in the Europe market as a result of an increase in peripheral and interventional procedures in the region coupled with introduction of new devices with wide variety of configurations.
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China is the fastest growing economy owing to prompt advancements in healthcare system and infrastructure, rising disposable income levels, and availability of large patient pool of cardiovascular diseases. Also, various embolic protection devices' manufacturers are eyeing upon Asian countries for business expansion due to its favorable business environment and presence of large untapped market needs.
Some of the notable industry players in the embolic protection devices market are Gore Medical, Innovative Cardiovascular Solutions, Innovative Cardiovascular Solutions, Medtronic, Allium Medical, Edward Lifesciences, Claret Medical, and Cardinal Health among others. Major industry players are increasing their focus on new product launches in order to expand their product portfolio and stay ahead in the competition. The players are also emphasizing on mergers and acquisitions to leverage their existing strengths and gain market share.
Read More : https://globenewswire.com/news-release/2018/03/05/1414611/0/en/Embolic-Protection-Devices-Market-to-exceed-1-8-Billion-By-2024-Global-Market-Insights-Inc.html
Embolic Protection Devices Market by Product
• Distal Occlusion Systems
• Proximal Occlusion Systems
• Distal Filters
Embolic Protection Devices Market by Application
• Carotid Artery Diseases
• Coronary Artery Diseases
• Peripheral Vascular Diseases
• Others
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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