Press release
Aneurysm Coiling and Embolization Devices Market Statistical Forecast, Trade Analysis 2024 -2031- Medtronic, Stryker & Abbott.
The global aneurysm coiling and embolization devices market was valued at US$ 1.31 billion in 2023 and is projected to grow to US$ 1.94 billion by 2031, expanding at a CAGR of 5.0% from 2024 to 2031.Aneurysm coiling and embolization devices are globally used to treat brain aneurysms, which occur when a section of the blood vessel wall weakens or bulges. These devices are inserted into the blood vessel to coil or block the aneurysm, preventing it from rupturing, which could lead to severe injury or even death.
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Market Dynamics:
The market growth is primarily driven by an aging population, smoking, genetic predisposition, increasing hypertension prevalence, and advancements in embolization device technology. Technological progress in coil characteristics, auxiliary devices, and interventional procedures has made endovascular coiling a viable and successful therapeutic option for both ruptured and unruptured aneurysms, resulting in higher long-term aneurysm occlusion rates. The market is marked by continuous innovation and the introduction of advanced devices aimed at treating complex aneurysms. Techniques like balloon-assisted and stent-assisted coiling have been developed to enhance coil packing density, improve obliteration rates, and reduce recurrence rates, particularly in wide-necked, large, and giant aneurysms.
Segment Covered in the Aneurysm Coiling and Embolization Devices Market:
By Product Type: Embolic Coils, Aneurysm clips, Flow Diversion Device, Liquid Embolic Agents, Balloon and stent-assisted coils, others.
By Application: Tumor and Brain Cancer, Brain Arteriovenous Malformations, Ischemic Stroke, Brain Aneurysm, Cerebral Edema, Urology, Peripheral Vascular Disease, Others.
By Material: Titanium, Cobalt, Others.
By End-User: Hospitals, Ambulatory Surgical Units, and Clinics.
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Major Key players involved in Aneurysm Coiling and Embolization Devices Market:
• Acandis GmbH
• Johnson & Johnson Services, Inc
• Medtronic
• Penumbra, Inc
• Stryker
• Terumo Corporation
• MicroPort Scientific Corporation
• Abbott
• W. L. Gore & Associates, Inc
• KANEKA CORPORATION
Regional Analysis:
The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Light Therapy Device Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Related Reports:
Aneurysm Clips Market: https://www.datamintelligence.com/research-report/aneurysm-clips-market
Embolotherapy Market: https://www.datamintelligence.com/research-report/embolotherapy-market
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