Embolization Coils Market and COVID-19 : Research By Terumo Corporation, Medtronic, Boston Scientific Corporation, Stryker, DePuy Synthes, Cook, Endoshape, Balth USA, Penumbra, and Three Rivers Medical among others

The Insight Partners analysts forecasts the latest report on “Embolization Coils Market (Covid-19) Impact and Analysis by 2025”, according to report; The Embolization Coils Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Embolization Coils Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Embolization Coils Market.

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The global 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.

Some of the Major Market Players Are:

Terumo Corporation
Medtronic
Boston Scientific Corporation
Stryker
DePuy Synthes
Cook
Endoshape, Inc
Balth USA LLC
Penumbra, Inc
Three Rivers Medical, Inc.

Market Insights

Rise in the Prevalence Of The Cardiac Aneurysm

Cardiovascular diseases (CVDs) are the disorders of the heart and blood vessels and include cerebrovascular disease, coronary heart disease, rheumatic heart disease and other conditions. The cardiac aneurysm is majorly caused due to the blockages in the aortic artery, the disease is categorized in two diseases according to the site of blockages. The rise in the prevalence of the cardiac aneurysm is growing across the world. For instance, as per the Society for Vascular Surgery (SVS) it is stated that every year in US 2 million people are diagnosed with an abdominal aortic aneurysm. It is also stated that a rupture abdominal aortic aneurysm is the 15th leading cause of death in the country. It is most commonly seen in the people older than 55 years of age.

Growth Opportunities Due to Interventional Radiology

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.

Strategic Insights

Approvals and agreements were observed as the most adopted strategy in global embolization coils industry. Few of the recent product launch and collaboration are listed below:

2018: In March, 2018, BALT USA, LLC announced it has received 510(k) clearance for the Optima Coil System and completion of first clinical cases in the United States.

2017: In September, 2017, Medtronic has expanding its embolisation product portfolio with the launch of the Concerto 3D detachable coil system. The system was launched at the Cardiovascular and Interventional Radiological Society of Europe annual meeting

2015: In December 2015, Codman Neuro*, part of DePuy Synthes Companies of Johnson & Johnson, has introduced a new platform of embolic coils for the treatment of brain aneurysms, supported by an enhanced detachment system designed to improve microcatheter stability and provide an optimized detachment zone for coils.

MARKET SEGMENTATION

By Type

• Detachable Coils
• Pushable Coils

By Material

• Platinum
• Platinum Tungsten Alloy
• Platinum & Hydrogel

By Application

• Neurology
• Oncology
• Urology
• Cardiology
• Peripheral Vascular Disease
• Others

By End User

• Hospitals
• Ambulatory Surgical Centers
• Cardiac Centers

The report analyses factors affecting the Embolization Coils Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Embolization Coils Market in these regions.

Moreover, the report entails the estimate and analysis for the Embolization Coils Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Embolization Coils Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Embolization Coils Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Embolization Coils Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Embolization Coils Market Report:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Major Features of Embolization Coils Market Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Embolization Coils market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Embolization Coils market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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