Report Detail
Global Neuroendovascular Coils Market Report 2018-2029
- RnM3875555 |
- 22 August, 2023 |
- Global |
- 147 Pages |
- HJResearch |
- Medical Devices & Consumables
The Neuroendovascular Coils industry is a vital component of minimally invasive neurosurgical procedures that involve the treatment of cerebral aneurysms and other vascular abnormalities within the brain. This article provides a comprehensive market analysis of the Neuroendovascular Coils industry, including its definition, usage, current industry status, and future prospects.
Definition and Use:
Neuroendovascular Coils are medical devices designed to treat cerebral aneurysms by promoting blood clotting within the aneurysm. These coils are inserted into the aneurysm via a catheter, leading to thrombosis and subsequent prevention of rupture. Additionally, they are used for tumor surgery and medical teaching purposes.
The primary goal of using Neuroendovascular Coils is to provide a less invasive alternative to traditional open surgical approaches, resulting in reduced patient trauma, shorter hospital stays, and faster recovery times. These coils are made from platinum or other biocompatible materials, ensuring compatibility and minimizing the risk of adverse reactions within the body.
Industry Status:
As of 2022, the global Neuroendovascular Coils market is projected to reach a size of US$976 million, with a compound annual growth rate (CAGR) of 4%. The industry exhibits steady growth due to various factors, including the increasing prevalence of cerebral aneurysms and advancements in coil technology.
The rising incidence of cerebral aneurysms worldwide, coupled with the growing adoption of minimally invasive techniques, drives the demand for Neuroendovascular Coils. Moreover, the advantages offered by these coils, such as reduced morbidity, improved patient outcomes, and cost-effectiveness, contribute to their increasing acceptance among healthcare professionals.
Major Global Manufacturers:
The Neuroendovascular Coils industry features several major global manufacturers who have established themselves as key players through their expertise in producing high-quality and innovative coils. Notable manufacturers in the industry include:
DePuy Synthes:
DePuy Synthes offers a range of Neuroendovascular Coils known for their precision and efficacy. Their coils are designed to provide optimal conformability and stability during treatment, ensuring successful aneurysm embolization.
Medtronic:
Medtronic is a leading manufacturer of Neuroendovascular Coils, providing a comprehensive portfolio of devices for treating cerebral aneurysms. Their coils feature advanced designs that promote efficient packing and conformability within the aneurysmal sac.
Penumbra:
Penumbra specializes in the development of innovative Neuroendovascular Coils, focusing on improved visualization and precise deployment capabilities. Their coils aim to enhance procedural efficiency and achieve better patient outcomes.
Stryker:
Stryker offers a wide range of Neuroendovascular Coils known for their flexibility, shape adaptability, and excellent radiopacity. Their coils enable efficient navigation through tortuous vessels, facilitating successful aneurysm embolization.
TERUMO:
TERUMO provides Neuroendovascular Coils recognized for their braided construction and softness. These coils offer excellent coil stability, thrombogenicity, and promote rapid occlusion of cerebral aneurysms.
Industry Prospects:
The future prospects of the Neuroendovascular Coils industry are promising. With a projected market size of US$976 million in 2022 and a CAGR of 4%, the industry is expected to experience steady growth. Factors such as increasing awareness about minimally invasive procedures, rising prevalence of cerebral aneurysms, and ongoing advancements in coil technology drive market expansion.
The development of next-generation Neuroendovascular Coils with enhanced visual guidance and delivery systems holds significant potential for improving treatment outcomes. Additionally, increasing investments in research and development to develop innovative coil designs, optimize embolization techniques, and improve patient safety will drive industry growth.
Technological advancements, such as the integration of imaging technologies with Neuroendovascular Coils, further enhance procedural accuracy and patient outcomes. The industry is also witnessing collaborations between manufacturers and healthcare institutions to conduct clinical trials and gather real-world evidence, reinforcing the clinical efficacy and safety of these devices.
Conclusion:
The Neuroendovascular Coils industry plays a critical role in the treatment of cerebral aneurysms through minimally invasive procedures. With a projected market size of US$976 million in 2022 and a CAGR of 4%, the industry exhibits steady growth.
Major global manufacturers, including DePuy Synthes, Medtronic, Penumbra, Stryker, and TERUMO, drive innovation in Neuroendovascular Coils. Their high-quality coils contribute to successful aneurysm embolization, reduced patient trauma, and improved treatment outcomes.
Advancements in coil technology, increasing awareness about minimally invasive procedures, and ongoing research and development efforts are expected to propel the Neuroendovascular Coils industry forward. Continuous focus on developing innovative coil designs, refining embolization techniques, and optimizing patient safety will further enhance patient care and treatment outcomes in the field of neurosurgery.
The SWOT analysis of the Neuroendovascular Coils industry is as follows:
Strengths:
Minimally Invasive Approach: Neuroendovascular Coils offer a less invasive alternative to open surgical procedures, resulting in reduced patient trauma, shorter hospital stays, and faster recovery times.
Improved Patient Outcomes: The use of Neuroendovascular Coils has been associated with improved treatment outcomes, including reduced morbidity and mortality rates for patients with cerebral aneurysms.
Cost-Effectiveness: Compared to traditional surgical approaches, Neuroendovascular Coils are generally more cost-effective, resulting in potential cost savings for healthcare systems and patients.
Weaknesses:
Limited Applicability: Neuroendovascular Coils may not be suitable for all cases, as certain types of aneurysms or vascular abnormalities require alternative treatments.
Technical Expertise Required: Successful deployment and placement of Neuroendovascular Coils require specialized training and expertise, which may limit their widespread adoption by healthcare professionals.
Risk of Complications: Although rare, complications such as coil migration, coil compaction, or procedural complications can occur during or after the insertion of Neuroendovascular Coils.
Opportunities:
Advances in Coil Technology: Continued advancements in Neuroendovascular Coil technology, including improved coil designs, enhanced visualization, and delivery systems, provide opportunities for better treatment outcomes and increased patient safety.
Growing Prevalence of Cerebral Aneurysms: The increasing incidence of cerebral aneurysms worldwide creates a larger market opportunity for Neuroendovascular Coils, leading to potential revenue growth for manufacturers.
Collaborative Research and Development: Collaboration between manufacturers, healthcare institutions, and researchers can lead to the development of new coil technologies, optimization of embolization techniques, and further validation of clinical efficacy.
Threats:
Competition from Alternative Treatments: The Neuroendovascular Coils industry faces competition from alternative treatments such as stent-assisted coiling, flow diversion devices, and surgical clipping, which may limit market penetration.
Regulatory Challenges: Stringent regulatory requirements and compliance standards can pose challenges for manufacturers in terms of gaining product approvals and meeting regulatory expectations.
Adverse Events and Safety Concerns: Any adverse events related to the use of Neuroendovascular Coils, such as device failures or complications, may lead to safety concerns among healthcare professionals and patients, potentially impacting market trust and acceptance.
Key players in global Neuroendovascular Coils market include:
DePuy Synthes
Medtronic
Penumbra
Stryker
TERUMO
Kramer Industries
Midwest Finishing Systems
Norton Sandblasting Equipment
Torbo ENGINEERING KEIZERS
Trinco Trinity Tool
Market segmentation, by product types:
Bare Platinum Coil
Coated Bioactive Coil
Market segmentation, by applications:
Tumor Surgery
Medical Teaching
Other
1 Industry Overview of Neuroendovascular Coils
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Neuroendovascular Coils
- 1.3 Market Segmentation by End Users of Neuroendovascular Coils
- 1.4 Market Dynamics Analysis of Neuroendovascular Coils
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Neuroendovascular Coils Industry
- 2.1 DePuy Synthes
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Medtronic
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Penumbra
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Stryker
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 TERUMO
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Kramer Industries
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Midwest Finishing Systems
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Norton Sandblasting Equipment
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Torbo ENGINEERING KEIZERS
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 Trinco Trinity Tool
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Neuroendovascular Coils Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
3 Global Neuroendovascular Coils Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Neuroendovascular Coils by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Neuroendovascular Coils by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Neuroendovascular Coils by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Neuroendovascular Coils by End Users (2018-2023)
- 3.5 Selling Price Analysis of Neuroendovascular Coils by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Neuroendovascular Coils Market Analysis by Countries, Types and End Users
- 4.1 Northern America Neuroendovascular Coils Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Neuroendovascular Coils Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Neuroendovascular Coils Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Neuroendovascular Coils Market Analysis by Countries, Types and End Users
- 5.1 Europe Neuroendovascular Coils Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Neuroendovascular Coils Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Neuroendovascular Coils Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Neuroendovascular Coils Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Neuroendovascular Coils Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Neuroendovascular Coils Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Neuroendovascular Coils Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Neuroendovascular Coils Market Analysis by Countries, Types and End Users
- 7.1 Latin America Neuroendovascular Coils Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Neuroendovascular Coils Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Neuroendovascular Coils Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Neuroendovascular Coils Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Neuroendovascular Coils Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Neuroendovascular Coils Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Neuroendovascular Coils Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Neuroendovascular Coils Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Neuroendovascular Coils Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Neuroendovascular Coils by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Neuroendovascular Coils by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Neuroendovascular Coils by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Neuroendovascular Coils by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Neuroendovascular Coils
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Neuroendovascular Coils
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Neuroendovascular Coils
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Neuroendovascular Coils
- 11.2 Downstream Major Consumers Analysis of Neuroendovascular Coils
- 11.3 Major Suppliers of Neuroendovascular Coils with Contact Information
- 11.4 Supply Chain Relationship Analysis of Neuroendovascular Coils
12 Neuroendovascular Coils New Project Investment Feasibility Analysis
- 12.1 Neuroendovascular Coils New Project SWOT Analysis
- 12.2 Neuroendovascular Coils New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Neuroendovascular Coils Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Neuroendovascular Coils. Industry analysis & Market Report on Neuroendovascular Coils is a syndicated market report, published as Global Neuroendovascular Coils Market Report 2018-2029. It is complete Research Study and Industry Analysis of Neuroendovascular Coils market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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