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Global Embolization Coil Market 2019-2023 - Product Image

Global Embolization Coil Market 2019-2023

  • ID: 4774786
  • Report
  • May 2019
  • Region: Global
  • 139 pages
  • TechNavio
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FEATURED COMPANIES

  • Boston Scientific Corp.
  • Cook Group Inc.
  • Medtronic
  • Stryker Corp.
  • Terumo Corp.
  • MORE
Many governments are promoting the usage of the embolization coil through state-led initiatives and regulatory approval support by introducing favorable reimbursement policies. In the U.S, the government bodies such as the Medicare and Medicaid provide reimbursements for healthcare under the diagnostic-related group (DRG) and ambulatory payment classification (APC) payments. Physicians are reimbursed through the current procedural terminology (CPT) code for both inpatient and outpatient procedures. Most government and private organization policies cover around 75% of the cost of devices and treatment care. Nowadays, even developing economies such as China and India are also introducing reimbursement policies for the embolization coil. Thus, leading to an increase in procedures and simultaneously demanding for the use of advanced embolization coil. Analysts have predicted that the embolization coil market will register a CAGR of almost 5% by 2023.

Market Overview

Increasing incidence of aneurysms

Among the various types of aneurysm, aortic aneurysm and cerebral aneurysm are the most common types of aneurysm affecting the population globally. The brain aneurysm, which is caused due to a bulge of the blood vessel, is the most prevalent aneurysm among people aged 35-40 years. The prevalence rate for an aneurysm is more among smokers and patients with high blood pressure, high cholesterol, arterial defect, and aortic dissection conditions. Therefore, due to increasing incidences of aneurysm, disease diagnosis at an early stage and regular monitoring of patients are essential for identifying, treating, controlling, and limiting disease prevalence. The demand for therapeutic devices such as embolization coil to block the blood flow and prevent aneurysm from rupturing is expected to drive the market growth.

Complications associated with the use of embolization coils

Complications with embolization coils occur due to migration of coil, misplacement of coils, incomplete retrieval of the coil, coil stretching, limited coil length range, and non-target embolization. A few complications that are associated with the use of embolization coil include aneurysmal perforation and rupture, parent artery occlusion, cerebral embolism, coil migration neurological deficits such as stroke and death, and puncture site hematoma. Complications may also arise due to the functioning of the embolization coil due to mechanical failures. Regulatory bodies continue to receive reports related to device malfunction during embolization procedures. Considering all these factors, complications associated with the use of embolization coil may hamper the market growth.

Competitive Landscape

The market appears to be moderately fragmented. The presence of several companies, including Boston Scientific Corp. and Cook Group Inc. makes the competitive environment quite intense. Factors such as the increasing incidence of aneurysms and the availability of favorable reimbursement coverage will provide considerable growth opportunities to the embolization coil manufacturers. Johnson & Johnson Services Inc., Medtronic, Stryker Corp., and Terumo Corp. are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Boston Scientific Corp.
  • Cook Group Inc.
  • Medtronic
  • Stryker Corp.
  • Terumo Corp.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY DEPLOYMENT TYPE
  • Market segmentation by deployment type
  • Comparison by deployment type
  • Detachable coil - Market size and forecast 2018-2023
  • Pushable coil - Market size and forecast 2018-2023
  • Market opportunity by deployment type
PART 07: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Neurology - Market size and forecast 2018-2023
  • Oncology - Market size and forecast 2018-2023
  • Peripheral vascular disease - Market size and forecast 2018-2023
  • Cardiology - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application
PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Technological advances
  • Market expansion in emerging economies
  • Implementation of organic and inorganic strategies by market players
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Boston Scientific Corp.
  • Cook Group, Inc.
  • Johnson & Johnson Services Inc.
  • Medtronic
  • Stryker Corp.
  • Terumo Corp.
PART 15: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits:
Exhibit 01: Global medical devices market
Exhibit 02: Segments of global medical devices market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Deployment type - Market share 2018-2023 (%)
Exhibit 18: Comparison by deployment type
Exhibit 19: Detachable coil - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Detachable coil - Year-over-year growth 2019-2023 (%)
Exhibit 21: Pushable coil - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Pushable coil - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by deployment type
Exhibit 24: Application - Market share 2018-2023 (%)
Exhibit 25: Comparison by application
Exhibit 26: Neurology - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Neurology - Year-over-year growth 2019-2023 (%)
Exhibit 28: Oncology - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Oncology - Year-over-year growth 2019-2023 (%)
Exhibit 30: Peripheral vascular disease - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: Peripheral vascular disease - Year-over-year growth 2019-2023 (%)
Exhibit 32: Cardiology - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: Cardiology - Year-over-year growth 2019-2023 (%)
Exhibit 34: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: Others - Year-over-year growth 2019-2023 (%)
Exhibit 36: Market opportunity by application
Exhibit 37: Customer landscape
Exhibit 38: Market share by geography 2018-2023 (%)
Exhibit 39: Geographic comparison
Exhibit 40: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: North America - Year-over-year growth 2019-2023 (%)
Exhibit 42: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 43: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 44: Asia - Market size and forecast 2018-2023 ($ millions)
Exhibit 45: Asia - Year-over-year growth 2019-2023 (%)
Exhibit 46: ROW - Market size and forecast 2018-2023 ($ millions)
Exhibit 47: ROW - Year-over-year growth 2019-2023 (%)
Exhibit 48: Key leading countries
Exhibit 49: Market opportunity
Exhibit 50: Impact of drivers and challenges
Exhibit 51: Vendor landscape
Exhibit 52: Landscape disruption
Exhibit 53: Vendors covered
Exhibit 54: Vendor classification
Exhibit 55: Market positioning of vendors
Exhibit 56: Boston Scientific Corp. - Vendor overview
Exhibit 57: Boston Scientific Corp. - Product segments
Exhibit 58: Boston Scientific Corp. - Organizational developments
Exhibit 59: Boston Scientific Corp. - Geographic focus
Exhibit 60: Boston Scientific Corp. - Segment focus
Exhibit 61: Boston Scientific Corp. - Key offerings
Exhibit 62: Cook Group Inc. - Vendor overview
Exhibit 63: Cook Group Inc. - Business segments
Exhibit 64: Cook Group Inc. - Organizational developments
Exhibit 65: Cook Group Inc. - Key offerings
Exhibit 66: Johnson & Johnson Services, Inc. - Vendor overview
Exhibit 67: Johnson & Johnson Services, Inc. - Business segments
Exhibit 68: Johnson & Johnson Services, Inc. - Organizational developments
Exhibit 69: Johnson & Johnson Services, Inc. - Geographic focus
Exhibit 70: Johnson & Johnson Services, Inc. - Segment focus
Exhibit 71: Johnson & Johnson Services, Inc. - Key offerings
Exhibit 72: Medtronic - Vendor overview
Exhibit 73: Medtronic - Business segments
Exhibit 74: Medtronic - Organizational developments
Exhibit 75: Medtronic - Geographic focus
Exhibit 76: Medtronic - Segment focus
Exhibit 77: Medtronic - Key offerings
Exhibit 78: Stryker Corp. - Vendor overview
Exhibit 79: Stryker Corp. - Business segments
Exhibit 80: Stryker Corp. - Organizational developments
Exhibit 81: Stryker Corp. - Geographic focus
Exhibit 82: Stryker Corp. - Segment focus
Exhibit 83: Stryker Corp. - Key offerings
Exhibit 84: Terumo Corp. - Vendor overview
Exhibit 85: Terumo Corp. - Business segments
Exhibit 86: Terumo Corp. - Organizational developments
Exhibit 87: Terumo Corp. - Geographic focus
Exhibit 88: Terumo Corp. - Segment focus
Exhibit 89: Terumo Corp. - Key offerings
Exhibit 90: Validation techniques employed for market sizing
Exhibit 91: Definition of market positioning of vendors
    Note: Product cover images may vary from those shown
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    FEATURED COMPANIES

    • Boston Scientific Corp.
    • Cook Group Inc.
    • Medtronic
    • Stryker Corp.
    • Terumo Corp.
    • MORE
    The following companies are recognised as the key players in the global embolization coil market: Boston Scientific Corp., Cook Group Inc., Johnson & Johnson Services Inc., Medtronic, Stryker Corp., and Terumo Corp.

    Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the implementation of organic and inorganic strategies by market players.”

    According to the report, one of the major drivers in this market is the high demand for detachable coils.

    Further, the report states that one of the major factors hindering the growth of this market is the complications associated with the use of embolization coils.

    The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
    Note: Product cover images may vary from those shown
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    • Boston Scientific Corp.
    • Cook Group Inc.
    • Johnson & Johnson Services Inc.
    • Medtronic
    • Stryker Corp.
    • Terumo Corp.
    Note: Product cover images may vary from those shown
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