New York, NY, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Embolic Protection Devices Market by Type (Distal Filter Devices, Distal Occlusion Devices, and Proximal Occlusion Devices), by Material (Nitinol and Polyurethane), by Application (Cardiovascular Diseases, Neurovascular Diseases, and Peripheral Diseases), by Indication (Percutaneous Coronary Intervention, Carotid Artery Diseases, Saphenous Vein Graft Disease, Transcatheter Aortic Valve Replacement, and Others), and by End-User (Hospitals, Ambulatory Care Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global embolic protection devices market was valued at approximately USD 719 million in 2018 and is expected to generate around USD 1,341 million by 2026, at a CAGR of around 9.3% between 2019 and 2025.
Embolic protection devices are catheter-shaped devices used to remove debris and extra material during the stenting procedure. These devices contain imaging devices that are used to locate debris. The rising occurrences of cardiovascular diseases, increasing demand for minimally invasive procedures, growing awareness about embolic protection devices in developing countries are anticipated to fuel the growth of the global embolic protection devices market over the estimated timeframe.
Browse through 88 Tables & 37 Figures spread over 110 Pages and in-depth TOC on “Global Embolic Protection Devices Market: By Type, Size, Share, Industry Growth, Demand, Analysis and Forecast 2018–2025”.
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The global embolic protection devices market is divided into the application, material, type, indication, and end-user. By type, the market for embolic protection devices is segmented into proximal occlusion devices, distal occlusion devices, and distal filter devices. Distal filter devices are projected to dominate the market over the forecast time period. Based on material, the embolic protection devices market is segmented into nitinol and polyurethane. The Nitinol segment has highly specific properties that are required in embolic protection devices, which, in turn, is likely to fuel this segment in the future. These properties include high-elasticity and highly braided. By application, the market is segmented into the peripheral disease, neurovascular disease, and cardiovascular diseases. Neurovascular diseases are anticipated to show the highest growth rate in the upcoming years owing to the growing disease awareness.
The indication segment of the market is divided into transcatheter aortic valve replacement, saphenous vein graft disease, percutaneous coronary intervention, carotid artery disease, and others. In 2017, the percutaneous coronary intervention segment dominated the market due to the increasing demand for minimally invasive procedures to treat these disorders. Based on end-user, the market is segmented ambulatory care centers, hospitals, and others. Hospitals are anticipated to dominate the global embolic protection devices market in the future, due to the use of advanced technologies for disease treatment and the presence of a high patient pool.
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By region, North America is anticipated to dominate the global embolic protection devices market in the upcoming years owing to the increase in the occurrences of cardiovascular disease and rising demand for minimally invasive procedures. The U.S. is anticipated to hold the largest revenue share in the North American market. According to data provided by the American Heart Association, about 31% of the total deaths in 2014 in the U.S. were caused by cardiovascular disorders. Additionally, approximately 85.6 million Americans suffer from cardiovascular disorders. The growing government support for the treatment of chronic diseases is also projected to drive the North American embolic protection devices market over the estimated timeframe.
Europe is estimated to acquire the second largest revenue share globally in the years ahead, owing to the availability of the highly advanced treatment, increasing healthcare expenditure, the rising population suffering from neurovascular disorders, and growing awareness about minimally invasive procedures. Additionally, the growing prevalence of cardiovascular diseases due to a stressful and sedentary lifestyle is expected to further fuel the European market for embolic protection devices in the future.
Browse the full “Embolic Protection Devices Market by Type (Distal Filter Devices, Distal Occlusion Devices, and Proximal Occlusion Devices), by Material (Nitinol and Polyurethane), by Application (Cardiovascular Diseases, Neurovascular Diseases, and Peripheral Diseases), by Indication (Percutaneous Coronary Intervention, Carotid Artery Diseases, Saphenous Vein Graft Disease, Transcatheter Aortic Valve Replacement, and Others), and by End-User (Hospitals, Ambulatory Care Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”Report at https://www.zionmarketresearch.com/report/embolic-protection-devices-market
The Asia Pacific region is anticipated to show the highest growth rate in the years ahead. According to the World Health Organization, in the Western Pacific region, about 1 million people die from cardiovascular disease annually, due to tobacco usage. The increased number of obese people and elevated rates of smoking and chewing tobacco are fuelling the number of cardiovascular patients in the region. The growing prevalence of cardiovascular diseases due to the acceptance of western, sedentary, and stressful lifestyle is mainly anticipated to drive the Asia Pacific embolic protection devices market. Additionally, the rapid development of healthcare infrastructure, increase in awareness about the minimally invasive techniques, the launch of products by companies and increase in the healthcare expenditure is driving the growth of the market in the Asia Pacific region.
The Middle East and Africa and Latin America regions are projected to show steady market growth in the future. The increasing investments in the healthcare services and healthcare infrastructure, rising awareness about embolic protection devices benefits, growing product launches by major companies, and an increasing number of government initiatives for the treatment of chronic diseases are likely to drive the embolic protection devices market in these regions.
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Some key players of the global embolic protection devices market are Abbott, W.L. Gore & Associates, Boston Scientific, Allium Medical, Cordis, Medtronic, Contego Medical, Silk Road Medical, AngioSlide, and Claret Medical, among others.
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This report segments the global embolic protection devices market into:
Global Embolic Protection Devices Market: Type Analysis
- Distal Filter Devices
- Distal Occlusion Devices
- Proximal Occlusion Devices
Global Embolic Protection Devices Market: Material Analysis
- Nitinol
- Polyurethane
Global Embolic Protection Devices Market: Application Analysis
- Cardiovascular Diseases
- Neurovascular Diseases
- Peripheral Diseases
Global Embolic Protection Devices Market: Indication Analysis
- Percutaneous Coronary Intervention
- Carotid Artery Diseases
- Saphenous Vein Graft Disease
- Transcatheter Aortic Valve Replacement
- Others
Global Embolic Protection Devices Market: End-User Analysis
- Hospitals
- Ambulatory Care Centers
- Others
Global Embolic Protection Devices Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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