Coil Assisted Flow Diverters Market to Grow at a CAGR of 7.6% to reach US$ 465.85 million from 2021 to 2028

Coil Assisted Flow Diverters Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Wide-Neck Bifurcation Aneurysms and Narrow-Neck Bifurcation Aneurysms) and End User (Hospitals, Clinics, and Ambulatory Surgical Centers)

  • Report Code : TIPRE00022687
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 145
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The coil assisted flow diverters market is expected to reach US$ 465.85 million by 2028 from US$ 278.23 million in 2021; it is estimated to grow at a CAGR of 7.6% during 2021–2028.

Coil assisted flow diverter is an adjunctive intrasaccular stent made of super visible braid elastic matter and is less restrictive. It is designed for the placement of embolization coils in the treatment of aneurysms. Coil assisted flow diverter also possesses mesh braid of contour neurovascular system, with memory properties, self-anchoring, stabilizing and less restricting sizing with the help of high precision re-sheathable placement into the aneurysm sac neck. The growth of the coil assisted flow diverters market is attributed to the factors such as rising incidence of intracranial aneurysms and growing incidence of hypertension, obesity, smoking, and alcoholism. However, the high cost of neurosurgical devices hinders the market growth.  

Lucrative Regions for Coil Assisted Flow Diverters Market


Lucrative Regions for Coil Assisted Flow Diverters Market
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Rising Incidence of Intracranial Aneurysms

Coil assisted flow diverters are stent-like devices used for the embolization of intracranial aneurysms. The incidence of intracranial aneurysms is increasing across the world. For instance, the Brain Aneurysm Foundation, Statistics and Facts report stated that around 6.5 million people (that is 1 in 50 people) in the US have an unruptured brain aneurysm. The report has also mentioned that 20% of the total people diagnosed with a brain aneurysm have more than one aneurysm. It has further reported that, every year, around 30,000 people in the US suffer from a brain aneurysm rupture, and a brain aneurysm rupture takes place in every 18 minutes. Also, Brain Aneurysm Foundation of Canada reported that about 8 to 10 people in 100,000, or around 2,800 to 3,500 Canadians, suffer from a burst aneurysm every year, which accounts for about 3% of all hemorrhagic strokes. Further, as per the National Health Service (NHS), 1 in 12,500 people have a ruptured brain aneurysm in England each year. Additionally, as per the ‘Unruptured Intracranial Aneurysms—Pathogenesis and Individualized Management’ report published in Deutsches Ärzteblatt International in 2020, around 2 million adults in Germany have an unruptured intracranial aneurysm (IA). Thus, the increasing prevalence of intracranial aneurysms drives the growth of the coil assisted flow diverters market.

Application-Based Insights

The coil assisted flow diverters market, by application, is bifurcated into wide-neck bifurcation aneurysms and narrow neck bifurcation aneurysms. The wide-neck bifurcation aneurysms segment held a larger market share in 2021, and the same segment is anticipated to register a higher CAGR in the market during the forecast period.

Coil Assisted Flow Diverters Market, by Application – 2021 and 2028


Coil Assisted Flow Diverters Market, by Application – 2021 and 2028
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

End User -Based Insights

The coil assisted flow diverters market, by end user, is segmented into hospitals, clinics, and ambulatory surgical centers. The hospitals segment held the largest share of the market in 2021. Also, the same segment is anticipated to register the highest CAGR in the market during the forecast period.

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Coil Assisted Flow Diverters Market: Strategic Insights

coil-assisted-flow-diverters-market
Market Size Value inUS$ 278.23 Million in 2021
Market Size Value byUS$ 465.85 Million by 2028
Growth rateCAGR of 7.6% from 2021-2028
Forecast Period2021-2028
Base Year2021
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Product launches and approvals are the commonly adopted strategies by companies to expand their global footprints and product portfolios. Moreover, players operating in the coil assisted flow diverters market focus on the collaboration strategy to enlarge their clientele, which, in turn, permits them to maintain their brand name across the world.

Coil Assisted Flow Diverters Market – by Application

  • Wide-Neck Bifurcation Aneurysms
  • Narrow-Neck Bifurcation Aneurysms

Coil Assisted Flow Diverters Market – by End User  

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

Coil Assisted Flow Diverters Market – by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa
  • South and Central America (SCAM)
    • Brazil
    • Argentina
    • Rest of South and Central America

Company Profiles

  • Balt USA LLC
  • MicroPort Scientific Corporation
  • Stryker Corporation
  • Penumbra, Inc.
  • Medtronic.
  • Acandis GmbH
  • MicroVention Inc
  • Johnson and Johnson Services, Inc.
  • Lepu Medical Technology Co. Ltd.
  • Cerus Endovascular
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, RoMEA, RoSCAM, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are Coil Assisted Flow Diverters?

Coil assisted flow diverters is an adjunctive intrasaccular stent which is made of super visible braid elastic matter and is less restrictive .It is designed for application with embolization coils for the treatment of aneurysms. It also possesses mesh braid of contour neurovascular system, with memory properties, self-anchoring, stabilizing and less restricting sizing with the help of high precision re-sheathable placement into the aneurysm sac neck.

What are the driving factors for the coil assisted flow diverters market across the globe?

The growth of the market is attributed to some key driving factors such as the rising incidence of intracranial aneursyms, growing incidence of hypertension, smoking, alcoholism, and obesity. For instance, In December 2020, Terumo Corporation launched WEB Embolization System (Product name in Japan: Woven EndoBridge Device), an intrasaccular aneurysm treatment device, in Japan. The WEB device is an innovative intrasaccular flow disruptor device and provides new treatment options for brain aneurysm cases. Such strategic steps are also projected to drive the market growth.

What is the regional analysis in terms of coil assisted flow diverters market?

The growth of the region is attributed to factors such as rising public–private partnerships, and increasing funding activities are widely enhancing the performance of medical devices Moreover, presence of well-developed healthcare infrastructure and government support are some of the prominent factors propelling the market growth in Asia Pacific. In addition, the North America is expected account for the fastest growth in the coil assisted flow diverters market. A high demand in research, growing support from governments, continuously changing disease profiles, rising public–private partnerships, and increasing funding activities are widely enhancing the performance of medical device growth of coil assisted flow diverters market during the forecast period.

The List of Companies - Coil Assisted Flow Diverters Market

  1. Balt USA LLC
  2. MicroPort Scientific Corporation
  3. Stryker Corporation
  4. Penumbra, Inc.
  5. Medtronic.
  6. Acandis GmbH
  7. MicroVention Inc
  8. Johnson and Johnson Services, Inc.
  9. Lepu Medical Technology Co. Ltd.
  10. Cerus Endovascular

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

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Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

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