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Global Neuroendovascular Coils Market 2017-2021

About Neuroendovascular Coils

Neuroendovascular coils are platinum coils that are used for treating cerebral aneurysm. These coils close off the sac and reduces the risk of rupturing or re-bleeding. There are two types of neuroendovascular coils available in the market that includes GDC or bare platinum coil and matrix coil or coated bioactive coil. Neuroendovascular coiling or embolization is relatively a new treatment for brain aneurysm. This procedure has gained rapid popularity and become an alternative to open surgical clipping. This procedure is effective not only in aneurysm that are difficult to access surgically, but also in uncomplicated aneurysm.

Technavio’s analysts forecast the global neuroendovascular coils market to grow at a CAGR of 8.38% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global neuroendovascular coils market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Neuroendovascular Coils Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DePuy Synthes
  • Medtronic
  • Penumbra
  • Stryker
  • TERUMO
Other prominent vendors
  • Kramer Industries
  • Midwest Finishing Systems
  • Norton Sandblasting Equipment
  • Torbo ENGINEERING KEIZERS
  • Trinco Trinity Tool
Market driver
  • Rise in neuroendovascular coiling procedures
  • For a full, detailed list, view our report
Market challenge
  • High cost of neuroendovascular coils and coiling procedures
  • For a full, detailed list, view our report
Market trend
  • Increasing adoption of flow diversion stents
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Neuroendovascular Coils Market 2017-2021

Technavio recognizes the following companies as the key players in the global neuroendovascular coils market: DePuy Synthes, Medtronic, Penumbra, Stryker, and TERUMO.

Other Prominent Vendors in the market are: BALT EXTRUSION, Cook Medical, and EndoShape.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing adoption of flow diversion stents. Flow-diverting stents (FDS) is a new technology that acts as substitute to coiling for treating anatomically challenging intracranial aneurysms, such as giant, wide-necked, or fusiform aneurysms. The recurrence rate of wide-necked and giant aneurysms is high if treated with bare platinum coils. The stent-assisted coils and balloon-assisted coils are used as alternatives to treat such complex aneurysms. However, these have not shown adequate clinical evidence of improvement in treatment outcomes.”

According to the report, one of the major drivers for this market is Rise in neuroendovascular coiling procedures. The number of neuroendovascular coiling procedure is growing rapidly. Since, the last two decades, the adoption of neuroendovascular coiling for cerebral aneurysm treatment has increased significantly in developed and developing countries. In 2005, neuroendovascular coiling procedures accounted for nearly 30% of cerebral aneurysm treatments. In 2016, it increased to approximately 65% in developed markets of the US and Europe.

Further, the report states that one of the major factors hindering the growth of this market is High cost of neuroendovascular coils and coiling procedures. The cost of the coils and price associated with the neuroendovascular coiling procedure is very high. This makes it difficult to afford for people in lower and middle-income countries. In the US, the median cost of neuroendovascular coiling procedure is approximately $36,000. The median hospitalization costs for coiled patients with complications or comorbidities ranges between $55,000 to $85,000, based on the severity. The price of detachable coils ranges between $500 to $3,000 based on the coil thickness, length, and additional features included.

https://www.technavio.com/industries/orthopedics-and-general-medical-devices

Companies Mentioned

DePuy Synthes, Medtronic, Penumbra, Stryker, TERUMO, BALT EXTRUSION, Cook Medical, and EndoShape.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Snapshot of global neuroendovascular coils market
      • Table Global neuroendovascular coils market segmentation
    • Market size and forecast
      • Table Global neuroendovascular coils market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market size and forecast
      • Table Global neuroendovascular coils market share by product 2016
      • Table Global neuroendovascular coils market by product 2016-2021 ($ millions)
    • Global neuroendovascular coils market for GDC
      • Table Global neuroendovascular coils market for GDC 2016-2021 ($ millions)
    • Global neuroendovascular coils market for matrix coil
      • Table Global neuroendovascular coils market for matrix coil 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global neuroendovascular coils market share by geography 2016
    • Neuroendovascular coils market in Americas
      • Table Neuroendovascular coils market in Americas 2016-2021 ($ millions)
    • Neuroendovascular coils market in EMEA
      • Table Neuroendovascular coils market in EMEA 2016-2021 ($ millions)
    • Neuroendovascular coils market in APAC
      • Table Neuroendovascular coils market in APAC 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Table Global neuroendovascular coils market by end-user 2016
    • Hospitals
    • ASCs
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Cost of neuroendovascular coiling procedure by country
      • Table Cost of few major endovascular coils
  • Market trends
    • Increasing adoption of flow diversion stents
    • Changing marketing and sales strategies for neuroendovascular coils
    • Strategic acquisitions
  • Vendor landscape
    • Competitive scenario
      • Table Competitive structure analysis of global neuroendovascular coils market 2016
  • Key vendor analysis
    • DePuy Synthes
      • Table DePuy Synthes: Key highlights
      • Table DePuy Synthes: Strength assessment
      • Table DePuy Synthes: Strategy assessment
      • Table DePuy Synthes: Opportunity assessment
    • Medtronic
      • Table Medtronic: Key highlights
      • Table Medtronic: Strength assessment
      • Table Medtronic: Strategy assessment
      • Table Medtronic: Opportunity assessment
    • Penumbra
      • Table Penumbra: Key highlights
      • Table Penumbra: Strength assessment
      • Table Penumbra: Strategy assessment
      • Table Penumbra: Opportunity assessment
    • Stryker
      • Table Stryker: Key highlights
      • Table Stryker: Strength assessment
      • Table Stryker: Strategy assessment
      • Table Stryker: Opportunity assessment
    • TERUMO
      • Table TERUMO: Key highlights
      • Table TERUMO: Strength assessment
      • Table TERUMO: Strategy assessment
      • Table TERUMO: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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