Europe 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

Europe 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 Europe micro coils market is expected to grow from US$ 175.96 million in 2021 to US$ 248.96 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028. Surging prevalence of cardiac aneurysm is expected to escalate the market growth. Cardiovascular diseases (CVDs) are likely to remain the major cause of morbidity and mortality across the region. Heart failure, stroke, rheumatic heart disease, aortic aneurysm, and peripheral artery disease are among the most common CVDs. Unhealthy diet adoption, tobacco consumption, sedentary lifestyle, and alcoholism are the major factors leading to rise in incidence of CVDs across the region. According to the World Health Organization (WHO), CVDs are number one cause of death across the region. The cardiac aneurysm is majorly caused due to the blockages in the aortic artery. The blockages can also be seen in chest or the abdomen. The prevalence of the cardiac aneurysm is growing across the region. In Europe, according to the British Heart Foundation, every year 5,000 deaths in the UK are caused due to ruptured aortic aneurysms. Likewise, the similar trend is observed in the other countries also. Such high prevalence of CVDs across the region prominently boosts the number of heart procedures. The factor ultimately drives the growth of the Europe micro coils market.

In case of COVID-19, Europe is highly affected specially Spain. The COVID-19 pandemic has shown a significant negative impact on the global as well as on European health economies. Health services in European region is highly prioritized to serve for patients affected by COVID-19. The routine health care services have remained suspended. Therefore, it has affected the Micro Coil related market and its dependable revenue generation in the region. Europe has long been within an area of dynamic development in the field of surgical procedures. In the recent times, these changes have been even more significant and rapid. The countries in the Europe has developed a strong line of actions to handle the COVID-19 situations which has a positive impact on the healthcare system, there has been rise of the COVID-19 cases in the recent times owing to the various COVID19 strains. For instance, in March 2020, the European Medicines Agency established a managing committee to deal with the impact of COVID-19 on the supply chain of medicines and devices. Furthermore, once the COVID-19 pandemic subsides there may be constraints in the capacities and financial resources of hospitals and other healthcare providers to perform elective surgeries procedures that had been deferred due to COVID-19, which could have an adverse effect on demand for micro coil based medical device products and is likely to hamper the growth of the market .European countries have undergone second phase of lockdown as they have experienced second wave of COVID-19 infection. Countries such as the UK, Belgium, Germany, Switzerland, France, Italy, and Spain are highly affected. Therefore, the lockdown has widely affected the flow of businesses across the region and outside the region. Various conferences related to industry are being conducted through webinars. Hence, it is expected that negative impact on the market is likely to continues in the following few years.

The platinum segment led the Europe micro coils market based on material in 2020.The embolization coils are generally made up of the metal platinum and its alloy. Platinum in the coil offers substantial thrombogenicity to the coil. In addition, platinum coils are relatively soft, and they adapt the shape of aneurysm very easily. Also, the metal provides features that can make varieties of different diameters, lengths and others features to perform functions accordingly. The general properties of the platinum such as anti-inflammation, ductility, biocompatibility, electrical conductivity, corrosion, heat resistance and others are very useful for the development of medical devices. Platinum are generally used to make catheters, cardiac implants, neuromodulation devices and cancer medication other than the embolization coils. Thus, owing to the above-mentioned factors the market for the platinum-based embolization coils are likely to propel in the forecast period.

The overall Europe 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 Europe micro coils market. The process also serves the purpose of obtaining overview and forecast for the Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe Micro Coils Market – By Type
1.3.2 Europe Micro Coils Market – By Material
1.3.3 Europe Micro Coils Market – By Application
1.3.4 Europe Micro Coils Market – By End User
1.3.5 Europe Micro Coils Market – By Country
2. Europe Micro Coils Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Micro Coils Market – Market Landscape
4.1 Overview
4.2 Europe PEST Analysis
4.3 Expert Opinions
5. Europe Micro Coils Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Surging Prevalence of Cardiac Aneurysm
5.1.2 Increasing Incidence of Neurovascular Diseases
5.2 Market Restraints
5.2.1 Expensive Embolization Micro Coils
5.3 Market Opportunities
5.3.1 Mounting Number of Product Approvals and Launches
5.4 Future Trends
5.4.1 Growing Demand for Minimally Invasive Procedures
5.5 Impact Analysis
6. Micro Coils Market – Europe Analysis
6.1 Europe Micro Coils Market Revenue Forecast and Analysis
7. Europe Micro Coils Market Analysis – By Type
7.1 Overview
7.2 Europe 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. Europe Micro Coils Market Analysis – By Material
8.1 Overview
8.2 Europe 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. Europe Micro Coils Market Analysis – By Application
9.1 Overview
9.2 Europe 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. Europe Micro Coils Market Analysis – By End User
10.1 Overview
10.2 Europe 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. Europe Micro Coils Market – Country Analysis
11.1 Europe: Micro Coils Market
11.1.1 Overview
11.1.2 Europe: Micro Coils Market, by Country, 2020 & 2028 (%)
11.1.3 Germany: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.3.1 Germany: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.3.2 Germany: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.3.3 Germany: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
11.1.3.4 Germany: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.3.5 Germany: Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
11.1.4 France: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.4.1 France: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.4.2 France: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.4.3 France: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
11.1.4.4 France: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.4.5 France: Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
11.1.5 UK: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.5.1 UK: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.5.2 UK: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.5.3 UK: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
11.1.5.4 UK: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.5.5 UK: Micro Coils Market, by End User – Revenue and Forecast to 2028 (USD Million)
11.1.6 Italy: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.6.1 Italy: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.6.2 Italy: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.6.3 Italy: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
11.1.6.4 Italy: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.6.5 Italy: Micro Coils Market, by End User – Revenue and Forecast to 2028 (USD Million)
11.1.7 Spain: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.7.1 Spain: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.7.2 Spain: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.7.3 Spain: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
11.1.7.4 Spain: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.7.5 Spain: Micro Coils Market, by End User – Revenue and Forecast to 2028 (USD Million)
11.1.8 Rest of Europe: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.8.1 Rest of Europe: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
11.1.8.2 Rest of Europe: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
11.1.8.3 Rest of Europe: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
11.1.8.4 Rest of Europe: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
11.1.8.5 Rest of Europe: Micro Coils Market, by End User – Revenue and Forecast to 2028 (USD Million)
12. Impact of COVID-19 Pandemic on Europe Micro Coils Market
12.1 Europe: 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. Europe Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Germany: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Germany: Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 6. France: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 7. France: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
Table 8. France: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 9. France: Micro Coils Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 10. UK: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 11. UK: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
Table 12. UK: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 13. UK: Micro Coils Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 14. Italy: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Italy: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
Table 16. Italy: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 17. Italy: Micro Coils Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 18. Spain: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 19. Spain: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
Table 20. Spain: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 21. Spain: Micro Coils Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 22. Rest of Europe: Micro Coils Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 23. Rest of Europe: Micro Coils Market, By Materials – Revenue and Forecast to 2028 (USD Million)
Table 24. Rest of Europe: Micro Coils Market, By Application – Revenue and Forecast to 2028 (USD Million)
Table 25. Rest of Europe: Micro Coils 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. Europe Micro Coils Market Segmentation
Figure 2. Europe Micro Coils Market, By Country
Figure 3. Europe Micro Coils Market Overview
Figure 4. Pushable Coils Segment Is Expected to Grow Faster by Type Segment in Europe Micro Coils Market
Figure 5. UK Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Europe PEST Analysis
Figure 7. Europe Micro Coils Market Impact Analysis of Driver and Restraint
Figure 8. Europe Micro Coils Market – Revenue Forecast and Analysis
Figure 9. Europe Micro Coils Market Revenue Share, by Type (2020 and 2028)
Figure 10. Europe Detachable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Pushable Coils: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Micro Coils Market Revenue Share, by Material (2020 and 2028)
Figure 13. Europe Platinum: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Platinum Tungsten Alloy: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Platinum and Hydrogel: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Micro Coils Market Revenue Share, by Application (2020 and 2028)
Figure 17. Europe Urology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Oncology: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Micro Coils Market Share, by End User, 2020 and 2028 (%)
Figure 21. Europe Hospitals Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Ambulatory Surgical Centers: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Others: Micro Coils Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe: Micro Coils Market, by Key Country – Revenue (2020) (USD Million)
Figure 25. Europe: Micro Coils Market, by Country, 2020 & 2028 (%)
Figure 26. Germany: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
Figure 27. France: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
Figure 28. UK: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
Figure 29. Italy: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. Spain: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
Figure 31. Rest of Europe: Micro Coils Market – Revenue and Forecast to 2028 (USD Million)
Figure 32. Impact of COVID-19 Pandemic in European Countries Markets

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook