A Asia Pacific Micro Coils Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Detachable Coils and Pushable Coils), Material (Platinum, Platinum Tungsten Alloy, and Platinum and Hydrogel)

Asia Pacific Micro Coils Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Detachable Coils and Pushable Coils), Material (Platinum, Platinum Tungsten Alloy, and Platinum and Hydrogel), Application (Oncology, Urology, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Others)

The APAC micro coils market is expected to grow from US$ 110.06 million in 2021 to US$ 160.29 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2021 to 2028. Burgeoning demand for minimally invasive procedures is expected to escalate the market growth. A minimally invasive medical procedure is generally carried out by inserting a small device or an implant in human body through an incision or anatomical opening. These procedures are being performed widely during the recent years. Since these incisions are tiny, a patient recovers at a faster rate comparatively, with minimum discomfort. A few benefits of a minimally invasive procedure are a few small cuts; less trauma to the muscles, nerves, and tissues; less bleeding and scarring; less tissue injury; less trauma to organs; less pain; less hospital stay; and faster oral intake. In addition, rising awareness about these procedures and the availability of reimbursement for it are likely to foster the demand for minimally invasive procedure. Thus, the APAC micro coils market is likely to grow at a significant rate during the forecast period.

In case of COVID-19, APAC is highly affected specially India. Countries in APAC are expecting to witness huge challenge due to growing COVID-19. Considering the economic operations and geographic condition, the outbreak of disease has affected on medical tourism, manufacturer of medical equipment, accessories and other due to problems posed by shortage of healthcare infrastructure in APAC low-income countries. After the first case in December 2019, in Wuhan, China, the coronavirus has spread to at least 180 countries and regions. To prevent the spread of disease, restrictive measures have been taken in countries such as India, South Korea, Singapore, Malaysia, and by the Philippines. According to WHO, due to the rapidly changing risk of COVID-19 affected countries and constantly controlling outbreak trends, any additional health measures are likely to significantly interfere with international travel and trade. Countries such as Japan and Australia are conducting virtual international conferences to anticipate the impact of COVID-19 on medical devices related industry in the APAC. China is specifically facing issues with the pandemic, leading to disruption of the supply chain, projected losses in revenue, marketing, and sales within all industries, especially the medical device industry, as well as the concerns of health within the production units and other public places. However, the countries such as India is conducting vaccination drive for the age group wise including the people within age group of 18 to 44, and 45 years and above. The country has also initiated testing of vaccine of the children which is expected to have and positive impact on the market.

The others segment led the APAC micro coils market based on application in 2020. The others application segment prominently includes interventional radiology, gynecology, cardiology, neurology, and peripheral & vascular applications. The interventional radiology is referred as various techniques which are dependent on the use of radiological image guidance such as ultrasound, computed tomography, magnetic resonance imaging and others. Among the several intervention radiology procedures, most of the techniques are minimally invasive. In such cases, micro coils play a major role for intervention and diagnostics. The micro coils are also used for treatment of hemorrhage. The application of the embolization coils in gynecology is used to stop extensive bleed at the time of caesarean section in women. Increasing prevalence of cardiac as well as brain disorders are also likely to have positive impact on the growth of the other segment. Such factors are likely to offer favorable environment for embolization, which will ultimately drive the growth of micro coils during the forecast period.

The overall APAC micro coils market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the APAC micro coils market. The process also serves the purpose of obtaining overview and forecast for the APAC micro coils market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC micro coils market. Boston Scientific Corporation; Cook Medical LLC; Johnson and Johnson Medical Devices (Depuy Synthes); KANEKA CORPORATION; Medtronic; Penumbra, Inc.; Stryker Corporation; and Terumo Corporation are among a few players operating in the APAC micro coils market.

Reason To Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC micro coils market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in APAC micro coils market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the micro coils market, as well as those hindering it  
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.


1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Micro Coils Market – By Type
1.3.2 APAC Micro Coils Market – By Material
1.3.3 APAC Micro Coils Market – By Application
1.3.4 APAC Micro Coils Market – By End User
1.3.5 APAC Micro Coils Market – By Country
2. APAC Micro Coils Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Micro Coils Market – Market Landscape
4.1 Overview
4.2 APAC PEST Analysis
4.3 Expert Opinions
5. APAC Micro Coils Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Mounting Prevalence of Cardiac Aneurysm
5.1.2 Escalating Incidence of Neurovascular Diseases
5.2 Market Restraints
5.2.1 Overpriced Embolization Micro Coils
5.3 Market Opportunities
5.3.1 Growth in the Number of Product Approvals and Launches
5.4 Future Trends
5.4.1 Burgeoning Demand for Minimally Invasive Procedures
5.5 Impact Analysis
6. Micro Coils Market – APAC Analysis
6.1 APAC Micro Coils Market Revenue Forecast and Analysis
7. APAC Micro Coils Market Analysis – By Type
7.1 Overview
7.2 APAC Micro Coils Market Revenue Share, by Type (2020 and 2028)
7.3 Detachable Coils
7.3.1 Overview
7.3.2 Detachable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Pushable Coils
7.4.1 Overview
7.4.2 Pushable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
8. APAC Micro Coils Market Analysis – By Material
8.1 Overview
8.2 APAC Micro Coils Market Revenue Share, by Material (2020 and 2028)
8.3 Platinum
8.3.1 Overview
8.3.2 Platinum: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Platinum Tungsten Alloy
8.4.1 Overview
8.4.2 Platinum Tungsten Alloy: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Platinum and Hydrogel
8.5.1 Overview
8.5.2 Platinum and Hydrogel: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Micro Coils Market Analysis – By Application
9.1 Overview
9.2 APAC Micro Coils Market Revenue Share, by Application (2020 and 2028)
9.3 Urology
9.3.1 Overview
9.3.2 Urology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Oncology
9.4.1 Overview
9.4.2 Oncology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
10. APAC Micro Coils Market Analysis – By End User
10.1 Overview
10.2 APAC Micro Coils Market Share, by End User, 2020 and 2028, (%)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Ambulatory Surgical Centres
10.4.1 Overview
10.4.2 Ambulatory Surgical Centres: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Others
10.5.1 Overview
10.5.2 Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
11. APAC Micro Coils Market – Country Analysis
11.1 APAC: Micro Coils Market
11.1.1 Overview
11.1.2 APAC: Micro Coil Market Revenue and Forecasts to 2028, By Country, (2020 & 2028) (%)
11.1.3 China: Micro Coil Market – Revenue and Forecast to 2028 (USD Million)
11.1.3.1 China Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
11.1.3.2 China: Micro Coil Market, by Type, 2019–2028 (USD Million)
11.1.3.3 China: Micro Coil Market, by Material, 2019–2028 (USD Million)
11.1.3.4 China: Micro Coil Market, by Application, 2019–2028 (USD Million)
11.1.3.5 China: Micro Coil Market, by End User, 2019–2028 (USD Million)
11.1.4 Japan: Micro Coil Market – Revenue and Forecast to 2028 (USD Million)
11.1.4.1 Japan Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
11.1.4.2 Japan: Micro Coil Market, by Type, 2019–2028 (USD Million)
11.1.4.3 Japan: Micro Coil Market, by Material, 2019–2028 (USD Million)
11.1.4.4 Japan: Micro Coil Market, by Application, 2019–2028 (USD Million)
11.1.4.5 Japan: Micro Coil Market, by End User, 2019–2028 (USD Million)
11.1.5 India: Micro Coil Market – Revenue and Forecast to 2028 (USD Million)
11.1.5.1 India Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
11.1.5.2 India: Micro Coil Market, by Type, 2019–2028 (USD Million)
11.1.5.3 India: Micro Coil Market, by Material, 2019–2028 (USD Million)
11.1.5.4 India: Micro Coil Market, by Application, 2019–2028 (USD Million)
11.1.5.5 India: Micro Coil Market, by End User, 2019–2028 (USD Million)
11.1.6 Australia: Micro Coil Market – Revenue and Forecast to 2028 (USD Million)
11.1.6.1 Australia Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
11.1.6.2 Australia: Micro Coil Market, by Type, 2019–2028 (USD Million)
11.1.6.3 Australia: Micro Coil Market, by Material, 2019–2028 (USD Million)
11.1.6.4 Australia: Micro Coil Market, by Application, 2019–2028 (USD Million)
11.1.6.5 Australia: Micro Coil Market, by End User, 2019–2028 (USD Million)
11.1.7 South Korea: Micro Coil Market – Revenue and Forecast to 2028 (USD Million)
11.1.7.1 South Korea Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
11.1.7.2 South Korea: Micro Coil Market, by Type, 2019–2028 (USD Million)
11.1.7.3 South Korea: Micro Coil Market, by Material, 2019–2028 (USD Million)
11.1.7.4 South Korea: Micro Coil Market, by Application, 2019–2028 (USD Million)
11.1.7.5 South Korea: Micro Coil Market, by End User, 2019–2028 (USD Million)
11.1.8 Rest of APAC: Micro Coil Market – Revenue and Forecast to 2028 (USD Million)
11.1.8.1 Rest of APAC Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
11.1.8.2 Rest of APAC: Micro Coil Market, by Type, 2019–2028 (USD Million)
11.1.8.3 Rest of APAC: Micro Coil Market, by Material, 2019–2028 (USD Million)
11.1.8.4 Rest of APAC: Micro Coil Market, by Application, 2019–2028 (USD Million)
11.1.8.5 Rest of APAC: Micro Coil Market, by End User, 2019–2028 (USD Million)
12. Impact of COVID-19 Pandemic on APAC Micro Coils Market
12.1 APAC: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Organic Developments
13.2.1 Overview
14. Company Profiles
14.1 Terumo Corporation
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Medtronic
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Boston Scientific Corporation
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Stryker Corporation
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Cook Medical LLC
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Penumbra, Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Johnson and Johnson Medical Devices (Depuy Synthes)
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 KANEKA CORPORATION
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 About the Insight Partners
15.2 Glossary of Terms
List of Tables
Table 1. APAC Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. China: Micro Coil Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 3. China: Micro Coil Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 4. China: Micro Coil Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 5. China: Micro Coil Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 6. Japan: Micro Coil Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 7. Japan: Micro Coil Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 8. Japan: Micro Coil Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 9. Japan: Micro Coil Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 10. India: Micro Coil Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 11. India: Micro Coil Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 12. India: Micro Coil Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 13. India: Micro Coil Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 14. Australia: Micro Coil Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 15. Australia: Micro Coil Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 16. Australia: Micro Coil Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 17. Australia: Micro Coil Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 18. South Korea: Micro Coil Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 19. South Korea: Micro Coil Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 20. South Korea: Micro Coil Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 21. South Korea: Micro Coil Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 22. Rest of APAC: Micro Coil Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 23. Rest of APAC: Micro Coil Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 24. Rest of APAC: Micro Coil Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 25. Rest of APAC: Micro Coil Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 26. Organic Developments Done by Companies
Table 27. Glossary of Terms
List of Figures
Figure 1. APAC Micro Coils Market Segmentation
Figure 2. APAC Micro Coils Market, By Country
Figure 3. APAC Micro Coils Market Overview
Figure 4. Pushable Coils Segment Is Expected to Grow Faster by Type Segment in APAC Micro Coils Market
Figure 5. Japan Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. APAC PEST Analysis
Figure 7. APAC Micro Coils Market Impact Analysis of Driver and Restraint
Figure 8. APAC Micro Coils Market – Revenue Forecast and Analysis
Figure 9. APAC Micro Coils Market Revenue Share, by Type (2020 and 2028)
Figure 10. APAC Detachable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Pushable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Micro Coils Market Revenue Share, by Material (2020 and 2028)
Figure 13. APAC Platinum: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Platinum Tungsten Alloy: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Platinum and Hydrogel: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Micro Coils Market Revenue Share, by Application (2020 and 2028)
Figure 17. APAC Urology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Oncology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC Micro Coils Market Share, by End User, 2020 and 2028 (%)
Figure 21. APAC Hospitals Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Ambulatory Surgical Centers: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC Micro Coil Market Revenue Overview, by Country (2020) (US$ Mn)
Figure 25. APAC Micro Coil Market Revenue and Forecasts to 2028, By Country, (2020 & 2028) (%)
Figure 26. China Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Japan Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. India Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. Australia Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 30. South Korea Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 31. Rest of APAC Micro Coil Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. Impact of COVID-19 Pandemic in APAC Countries Markets

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