Press release
Embolization Coils Market Estimated to Flourish by 2025 - Lead by Terumo Medical, Medtronic, Stryker, DePuy Synthes, Cook, EndoShape, Balt USA, Penumbra and Three Rivers Medical
Embolization Coils Market accounted to US$ 784.60 Mn in 2017 and is expected to grow at a CAGR of 5.8% during the forecast period 2018 - 2025, to account to US$ 1,131.24 Mn by 2025.The current trend for the endovascular treatments or the embolization coils are the interventional radiology. The treatment is minimally invasive procedure and is done under the guidance of X-rays. The advantages of the interventional radiology has proven itself to the best treatment option for the control of the extensive blood flow. The interventional radiology is also helpful in the field of gynecology during the cesarean section procedures where the extensive blood is experienced by the patients.
The rise in the prevalence for the liver and kidney cancer has contributed extensively to the need of the treatment. The rise in the geriatric population which is highly affected by the endovascular disease, brain stroke, heart stroke and chronic disease are adding up the growth for the market. Therefore, interventional radiology is highly preferred for the geriatric population to treat the diseases as it is minimally invasive procedure.
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Top Dominating Key Players:
1. Terumo Medical Corporation
2. Medtronic
3. Boston Scientific Corporation or its affiliates.
4. Stryker
5. DePuy Synthes
6. Cook
7. EndoShape, Inc.
8. Balt USA LLC
9. Penumbra, Inc.
10. Three Rivers Medical, Inc.
Worldwide Embolization Coils Market Analysis to 2025 is a specialized and in-depth study of the Embolization Coils Industry with a focus on the global market trend. The report aims to provide an overview of global Embolization Coils Market with detailed market segmentation by product/application and geography. The global Embolization Coils Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Embolization Coils players and offers key trends and opportunities in the market.
The embolization coils market by material is segmented into platinum, platinum tungsten alloy and platinum & hydrogel. The platinum segment is anticipated to grow at a CAGR of 5.2% during the forecast period. The properties of the material and biocompatibility is anticipated to fuel the growth of the segment during the forecast period.
The embolization coils market by application is segmented into neurology, oncology, urology, peripheral vascular disease and cardiology and others. The neurology segment is anticipated to grow at a CAGR of 5.6% during the forecast period. The operating players in the market such as Medtronic, Stryker Terumo Corporation, Penumbra Inc. and others offers several embolization coils for the cerebral aneurysm. Thus, owing to the offering the market is likely to propel the growth in the forecast period.
The embolization coils market by end user is segmented into hospitals, ambulatory surgical centers and cardiac centers. The hospitals segment held the largest in 2018, by end user. However, the segment of hospitals is expected to increase at a significant growth rate of 5.0% during the forecast period.
Browse market data tables and in-depth TOC of the Global Embolization Coils Market (2018–2025)
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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