Global Embolization Coil Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Healthcare Date : May 4th, 2017
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The global embolization coil market is expected to increase from USD 761.7 million in 2017 to USD 1,076.8 million in 2024, at a CAGR of 5.1% from 2018 to 2024. The growth in the embolization coil market is attributed to increasing knowledge of embolization coil amongst patients, emerging new technologies and minimally invasive alternatives to traditional treatments.  The years used for the assessment are as follows;

  • Historical year: 2016
  • Base year: 2017
  • Forecast period: 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points
  • Bridging the data points to calculate the total embolization coil market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global embolization coil market
  • Finalizing the overall size and share of the global embolization coil market 

OBJECTIVES: 

  • To classify the global embolization coil market into segments on the basis of type, deployment, application, and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers, and restraints associated with the global embolization coil market
  •  Profiling key companies operating in the global embolization coil market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for embolization coil market is as follows:

By Type 

  • Detachable
  • Pushable 

By Deployment 

  • Platinum Coil
  • Coated Coil

By Application

  • Neurological
  • Oncology
  • Urology
  • Peripheral Vascular Disease 

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of The World(RoW)

The global embolization coil market was estimated at $ 761.7 million in 2017. The key growth drivers for the global embolization coil market include emerging new technologies, minimally invasive alternatives and increasing knowledge of embolization coil amongst patients.

The report segments the embolization coil market into its deployment methods, application and geography. The detachable coil deployment held larger share in 2017, and its acceptance as a better and safer technique is expected to drive the demand during the forecast period. The usage of embolization coil in Neurology application accounted for the largest share, in 2017 owing to increasing adoption as a minimal invasive technique. High demand for peripheral embolization devices from cancer patients is expected to boost the market growth over the forecast period. Successful angiographic occlusion, increase in usage of endovascular coil embolization and surgical clip occlusion, inductance of advanced solutions, mergers and acquisitions and development of stent retriever devices are some of the trends being observed in the global embolization coil market.

North America was the largest market for the global embolization coil in 2017, and is expected to remain the same during the forecast period. New advancements and better products are fuelling the demand for embolization coiling procedures in the region. Asia- Pacific was the second largest market for embolization coil in 2017, and is expected to continue its holding as a key market over the forecast period. Presence of rapidly developing economies such as China, Japan, and India is creating growth opportunities in the region. Moreover, evolving healthcare sector and advanced healthcare treatments leading to greater adoption of this procedural invasive technique. Further, rise in the patient population in this region is expected to increase the demand for embolization coil treatments in Asia Pacific.

The major companies operating in the global embolization coil market include Terumo Corporation, Boston Scientic, Stryker, Medtronic, Sirtex and Cook Medic

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Type

1.2.2. Market Breakdown, By Deployment

1.2.3. Market Breakdown, By Application

1.2.4. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Sources

1.5. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Opportunities

2.2.1.1. Increase in per capita healthcare expenditure in (APEJ)

2.2.1.2. Increased incidence rate surgical procedures

2.2.2. Trends

2.2.2.1. Influencing successful angiographic occlusion

2.2.2.2. Use of endovascular coil embolization and surgical clip occlusion for cerebral artery aneurysms

2.2.2.3. Beginning era of advanced solutions

2.2.2.4. Merger and acquisitions for enhancement of neurovascular business

2.2.2.5. Development of stent retriever device

2.2.3. Growth Drivers

2.2.3.1. Minimally invasive alternatives

2.2.3.2. New technologies

2.2.3.3. Increasing knowledge of embolization coil amongst patients.

2.2.4. Impact Analysis of Drivers on Future Forecast of the Market

2.2.5. Restraints of the Market

2.2.5.1. Device complications

2.2.6. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. PESTEL Analysis

3.2. Value Chain Analysis

3.3. Competitive Analysis

3.3.1. Company Market Share Analysis

3.3.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Embolization Coil Market Size and Forecast (2014 – 2024)

4.1. Global Embolization Coil Market, By Type

4.1.1. Detachable

4.1.2. Pushable

4.2. Global Embolization Coil Market, By Deployment

4.2.1. Platinum Coil

4.2.2. Coated Coil

4.3. Global Embolization Coil Market, By Application

4.3.1. Neurological

4.3.2. Oncology

4.3.3. Urology

4.3.4. Peripheral Vascular Disease

4.4. Global Embolization Coil Market, By Region

4.4.1. North America

4.4.2. Europe

4.4.3. Asia-Pacific

4.4.4. Rest of the World (RoW)

CHAPTER 5. Global Embolization Coil Market, By Geography

5.1. North America Embolization Coil Market

5.1.1. North America Embolization Coil Market, By Type ($ Million )

5.1.2. North America Embolization Coil Market, By Deployment ($ Million )

5.1.3. North America Embolization Coil Market, By Application ($ Million )

5.1.4. North America Embolization Coil Market, By Country

  5.1.4.1. U.S Embolization Coil Market Size ($ Million )

  5.1.4.2. Canada Embolization Coil Market Size ($ Million )

  5.1.4.3. Mexico Embolization Coil Market Size ($ Million )

5.2. Europe Embolization Coil Market

5.2.1. Europe Embolization Coil Market, By Type ($ Million )

5.2.2. Europe Embolization Coil Market, By Deployment (($ Million)

5.2.3. Europe Embolization Coil Market, By Application ($ Million )

5.2.4. Europe Embolization Coil Market, By Country

  5.2.4.1. Germany Embolization Coil Market Size($ Million)

  5.2.4.2. France Embolization Coil Market Size($ Million)

  5.2.4.3. U.K Embolization Coil Market Size($ Million)

  5.2.4.4. Rest of Europe Embolization Coil Market Size($ Million)

5.3. Asia-Pacific Embolization Coil Market

5.3.1. Asia-Pacific Embolization Coil Market, By Type ($ Million )

5.3.2. Asia-Pacific Embolization Coil Market, By Deployment (($ Million)

5.3.3. Asia-Pacific Embolization Coil Market, By Application ($ Million )

5.3.3. Asia-Pacific Embolization Coil Market, By Country

  5.3.3.1. China Embolization Coil Market Size ($ Million)

  5.3.3.2. Japan Embolization Coil Market Size ($ Million)

  5.3.3.3. India Embolization Coil Market Size ($ Million)

  5.3.3.4. Australia Embolization Coil Market Size ($ Million)

  5.3.3.5. Rest of Asia-Pacific Embolization Coil Market Size ($ Million)

5.4. Rest of the World(RoW) Embolization Coil Market

5.4.1. Rest of the World(RoW) Embolization Coil Market, By Type ($ Million )

5.4.2. Rest of the World(RoW) Embolization Coil Market, By Deployment ($ Million)

5.4.3. Rest of the World(RoW) Embolization Coil Market, By Application ($ Million )

5.4.4. Rest of the World(RoW) Embolization Coil Market, By Region

   5.4.4.1. South America Embolization Coil Market ($ Million )

   5.4.4.2. Middle East & Africa (MEA) Embolization Coil Market ($ Million )

CHAPTER 6. Key Players and Strategic Developments

6.1. Terumo Corporation

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. SWOT Analysis

6.1.5. Strategic Developments

6.2. Boston Scientic

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. SWOT Analysis

6.2.5. Strategic Developments

6.3. Stryker

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. SWOT Analysis

6.3.5. Strategic Developments

6.4. Medtronic.

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. SWOT Analysis

6.4.5. Strategic Developments

6.5. Sirtex

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. SWOT Analysis

6.5.5. Strategic Developments

6.6. Cook Medical

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. SWOT Analysis

6.6.5. Strategic Developments

6.7. Abbreviations

Global Embolization Coil Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation Forecast 2024