World $1.13Bn Embolization Coils Market 2019-2025 - Increase in the Demand for Minimally Invasive Procedures Spurs Growth
DUBLIN, April 1, 2019 /PRNewswire/ -- The "Embolization Coils Market to 2025 - Global Analysis and Forecasts by Type, Material Application, End User and Geography" report has been added to ResearchAndMarkets.com's offering.
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The global embolization coils market is expected to reach US$ 1,131.24 Mn in 2025 from US$ 784.60 Mn in 2017. The embolization coils market is estimated to grow with a CAGR of 4.8% from 2018-2025.
Driving factors such as, increase in the demand for minimally invasive procedures, rise in the prevalence of the cardiac aneurysm, and growing aging population & rise in associated chronic diseases are expected to boost the market growth over the years. However, high cost of embolization coils and numerous product recalls are likely to have a negative impact on the growth of the market in the coming years.
Growing ageing & rise in associated chronic diseases are likely to grow market significantly. For instance as per the report of American College of Cardiology Foundation, in 2018, coronary heart disease (CHD) was the leading cause of deaths attributable to cardiovascular disease (CVD) in the US, which is followed by stroke (16.8%), high BP (9.4%), heart failure (HF) (9.0%), and other CVDs (17.9%).
By 2035, approximately 130 million adults in the US population are projected to have some form of CVD. Thus, increasing geriatric population and related chronic diseases are expected to drive the sales of embolization coils. Hence, owing to the above mentioned factors the market for the embolization coils market are likely to grow in the forecast period.
Global embolization coils market, based on material was segmented into platinum, platinum tungsten alloy and platinum & hydrogel. In 2018, platinum segment held the largest share of the market, by filling material. This segment is also expected to dominate the market in 2027, owing to the properties of the material for the making the embolization coils. Furthermore, the segment is also anticipated to witness the fastest growth rate during the forecast period, 2018 to 2027.
Key Topics Covered
1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
2. Global Embolization Coils Market - Key Takeaways
3. Global Embolization Coils - Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 Global Embolization Coils Market - by Type
3.2.2 Global Embolization Coils Market - by Material
3.2.3 Global Embolization Coils Market - by Application
3.2.4 Global Embolization Coils Market - by End User
3.2.5 Global Embolization Coils Market - by Geography
3.3 Pest Analysis
3.3.1 North America - Pest Analysis
3.3.2 Europe- Pest Analysis
3.3.3 Asia Pacific- Pest Analysis
3.3.4 Middle East and Africa - Pest Analysis
3.3.5 South and Central America - Pest Analysis
4. Global Embolization Coils Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Increase In the Demand For Minimally Invasive Procedures
4.1.2 Rise In the Prevalence of the Cardiac Aneurysm
4.1.3 Progressive Aging Population & Rise In Associated Chronic Diseases
4.2 Key Market Restraints
4.2.1 High Cost of Embolization Coils
4.2.2 Numerous Product Recalls
4.3 Key Market Opportunities
4.3.1 Growth Opportunities Due To Interventional Radiology
4.3.2 Development In the Healthcare Market
4.4 Impact Analysis
5. Global Embolization Coils Market - Global Analysis
5.1 Global Embolization Coils Market Revenue Forecasts and Analysis (US$ Mn)
5.2 Global Embolization Coils Market, by Geography - Forecasts and Analysis (US$ Mn)
5.3 Performance of Key Players
5.4 Expert Opinions
6. Embolization Coils Market - Global Regulatory Scenario
6.1 North America
6.2 Europe
6.3 Asia Pacific
6.4 Middle East & Africa
6.5 South & Central America
7. Embolization Coils Market Analysis - by Type
7.1 Overview
7.2 Global Emboization Coils Market, by Type, 2017 & 2025 (%)
7.3 Detachable Coils Market
7.4 Pushable Coils Market
8. Embolization Coils Market Analysis - by Material
8.1 Overview
8.2 Global Emboization Coils Market, by Material, 2017 & 2025 (%)
8.3 Platinum Market
8.4 Platinum Tungsten Alloy Market
8.5 Platinum & Hydrogel Market
9. Embolization Coils Market Analysis - by Application
9.1 Overview
9.2 Global Embolization Coils Market, by Application, 2017 & 2025 (%)
9.3 Neurology Market
9.4 Oncology Market
9.5 Urology Market
9.6 Peripheral Vascular Disease Market
9.7 Cardiology Market
9.8 Others Market
10. Embolization Coils Market Analysis - by End User
10.1 Overview
10.2 Global Embolization Coils Market, by End User, 2017 & 2025 (%)
10.3 Hospitals Market
10.4 Ambulatory Surgical Centers Market
10.5 Cardiac Centers Market
11. North America Embolization Coils Market Revenue and Forecasts To 2025
12. Europe Embolization Coils Market Revenue and Forecasts To 2025
13. Asia-Pacific Embolization Coils Market Revenue and Forecasts To 2025
14. Middle East & Africa Embolization Coils Market Revenue and Forecasts To 20252
15. South and Central America Embolization Coils Market Revenue and Forecasts To 2025
16. Embolization Coils Market - Industry Landscape
16.1 Overview
16.2 Comparative Company Analysis
16.3 Growth Strategies Done by the Companies In the Market, (%)
16.4 Organic Developments
17. Embolization Coils Market - Key Company Profiles
17.1 Endoshape Inc.
17.2 Balt USA LLC
17.3 Penumbra Inc.
17.4 Three Rivers Medical Inc.
17.5 Medtronic
17.6 Stryker
17.7 Depuy Synthes
17.8 Terumo Corporation
17.9 Boston Scientific Corporation
17.10 Cook
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