Publication Month: Jun 2021 | Report Code: TIPRE00022687 | No. of Pages: 145 | Category: Medical Device | Status: Published
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.
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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.
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.
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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.
|Market Size Value in||US$ 278.23 Million in 2021|
|Market Size Value by||US$ 465.85 Million by 2028|
|Growth rate||CAGR of 7.6% from 2021-2028|
|No. of Pages||145|
|No. of Tables||57|
|No. of Charts & Figures||66|
|Historical data available||Yes|
|Segments covered||Application and End User|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
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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.
The List of Companies - Coil Assisted Flow Diverters Market