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Endovascular Cerebral Aneurysm Repair Market
Medtech Ventures, July 2008, Pages: 30
The market for Endovascular Cerebral Aneurysm Repair (ECAR) has grown significantly since its inception in the mid-90s and the devices available for use in such procedures have evolved rapidly since the introduction of Guglielmi Detachable Coils (GDC) over a decade ago.
The introduction of biomaterial coating options to basic naked platinum wire and the introduction of stent assisted coil insertion option for the treatment of wide-necked cerebral aneurysm is expanding the market which has been growing at an average compound annual growth rate of 22% over the past five years.
The original treatment paradigm that relied on embolic coils or liquid embolics to occlude the aneurysm sac is being supplemented with the addition of stents that can be used to treat wide neck aneurysm in stent assisted coil insertion procedures or as stand alone flow diverting monotherapy devices.
Stents that are designed to reconstruct the parent vessel, slow flow within the aneurismal sac and physiologically seal the aneurysm by allowing an organized thrombus to form, have already been launched in Europe with many in advanced clinical trials stages with promising results.
This is poised to further expand the market by allowing difficult to treat cases access to the safer endovascular approach. It is also expected to reshuffle market shares among existing players on the bases of their readiness to innovate and launch next generation devices that address newly emerging treatment strategies
The market for the Endovascular Treatment of Cerebral Aneurysms, which currently stands at US$660 million globally, is expected to double over the next seven years with the newly created flow diverting stents segment providing the main engine for growth.
Medtech Ventures' Endovascular Cerebral Aneurysm Repair Market - Current Situation & Future Outlook is an exclusive introduction to this rapidly growing market. The report provides a brief, but thorough, analysis of the market with profiles of leading participants and forecasts to the year 2015.
With Endovascular Cerebral Aneurysm Repair Market - Current Situation & Future Outlook, you’ll be able to better:
- Assess market size and growth potential for coils, neuro stents and access devices.
- Identify emerging technologies and the companies behind them.
- Leverage your own technology and brain storm new business opportunities.
- Understand current market dynamics, competitors’ positions and market shares.
- Assess market potential and have access to forecasts till 2015.
- Monitor the competition’s marketed and in-development products.
- Investigate mergers, acquisitions and licensing possibilities.
- Get a feel of the magnitude of the opportunity that fluid diverting stents presents and contemplate your company position towards this market transforming technology.
Endovascular Cerebral Aneurysm Repair Market - Current Situation & Future Outlook is targeted at busy senior executives in medical technology companies who are interested in developing an understanding of this transforming growth area.
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