Global Flow Diverters Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

"The Report Flow Diverters Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Advancement in scientific technology has led to development of new generation stents referred as flow diverters. Flow diverters stenting has become the most widely accepted minimally invasive method for treatment of intracranial aneurysm. Flow diverters cause the disruption of intra-aneurysmal blood flow which results in change of the transmural pressure gradient. Interventional cardiologists, surgeons, neurologists, and radiologists are efficient in performing this procedure. Usage of endovascular stents has increased due to growing acceptance of flow diverters by surgeons and physicians. This procedure is highly recommended by health care centers and hospitals worldwide to people with carotid artery stenosis. Also, several vendors are focusing on getting clinical data and findings that support the adoption of flow diverters, which will enable manufacturers and researchers to develop new technologies for treating intracranial aneurysm. Rise in demand for minimally invasive endovascular surgeries is projected to contribute to the growth of the global flow diverters market during the forecast period.

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The first clinical use of a flow diverter in North America was reported in 2008. The use of flow diverter has widened the scope of treatment of cerebral aneurysms. Flow diverters have helped in treating previously untreatable intracranial aneurysms. Increase in cases of brain aneurysms drive the global flow diverters market. Moreover, growing awareness and demand for minimally invasive endovascular surgeries propel the market. However, complications associated with the procedure, high cost of treatment, and alternative procedures and therapies restrain the global flow diverters market.

Flow diverters are available in different lengths, diameter sizes, materials, and designs. The global flow diverters market can be segmented based on device type, end-user, and region. In terms of device type, the market can be categorized into Pipeline embolization device (PED), Silk flow diverter (SILK), Surpass flow diverter (SURPASS), FRED flow diverter, and p64 flow diverter. Cobalt-chromium and platinum-tungsten materials are used in the manufacture of flow diverters. PED is the most commonly used flow diverter in treatment of intracranial aneurysms. It is made of 75% cobalt-nickel and 25% chromium-platinum alloy and consists of a stent-like device with porosity of 65% to 70%. These are available in 2.5 mm to 5?mm diameter and 10 mm to 35?mm length. Silk flow diverters are currently unavailable for use in the U.S. and limited data is available on the use of Surpass flow diverter. Based on end-user, the global flow diverters market can be classified into hospitals and research institutes. Adoption of flow diverters for the treatment of intracranial aneurysms by neurosurgeons and physicians has fueled the growth of the global flow diverters market in the past few years.

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In terms of region, the global flow diverters market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America dominates the global flow diverters market because of fast growing life science industry, rising focus on research & new technology development. Europe is the second largest market for flow diverters. Asia Pacific is projected to be the most lucrative market for flow diverters and is expected to expand at the highest growth rate from 2017 to 2025. Rise in government initiatives, grants, and funds; increase in life science R&D spending especially in India, China, and Japan, and dedicated research commercial zones are attracting domestic and foreign players to invest and enter the lucrative research sector in Asia Pacific.

Key players operating in the global flow diverters market are Medtronic, Balt Extrusion, MicroVention, Inc., and Stryker, among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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