Global neuroendovascular coil market is estimated to be valued at US$ 962.7 Mn in 2023 and is expected to exhibit a CAGR of 5.2% during the forecast period (2023-2030).
Report Coverage
Report Details
Base Year:
2022
Market Size in 2023:
US$ 962.7 Mn
Historical Data for:
2018 to 2021
Forecast Period:
2023 - 2030
Forecast Period 2023 to 2030 CAGR:
5.20%
2030 Value Projection:
US$ 1,373 Mn
Figure 1. Global Neuroendovascular Coil Market Share (%), By Product Type, 2023
Neuroendovascular coiling is performed to prevent the blood flow in an aneurysm. An aneurysm is the excessive enlargement of blood vessels that leads to a weakness of the blood vessel wall. The endovascular coiling helps by sealing the aneurysm, promoting blood clotting around the coils, and reducing pressure on its outer wall. The endovascular coiling treatment is usually performed under general anesthesia by a neurosurgeon or an interventional neuroradiologist, using fluoroscopic imaging guidance. The coil is left behind and placed permanently in the aneurysm. Coiling is performed for both the ruptured aneurysms and unruptured aneurysms. Neuroendovascular coils are used as an alternative effective treatment to surgical clipping in an aneurysm. This neuroendovascular coiling helps in the prevention of subarachnoid hemorrhage, which leads to stroke, severe complications, and even death.
Market Dynamics
Increasing demand for minimally invasive surgical procedures and the introduction of technologically advanced products are expected to propel the growth of the global neuroendovascular coil market over the forecast period. For instance, in August 2020, Stryker, a medical technology company, received the U.S. Food and Drug Administration (FDA) approval for an expanded indication of its Neuroform Atlas Stent System, by becoming the first and only adjunctive stent approved for use in the posterior (back of the brain) circulation.
Key features of the study:
This report provides an in-depth analysis of the global neuroendovascular coil market and provides market size (US$ Mn) and Compound Annual Growth Rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global neuroendovascular coil market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
The key companies covered as a part of this study include Stryker, Codman (DePuy), MicroVention, Medtronic Plc., Penumbra Inc., Cardinal Health, Johnson & Johnson, Boston Scientific, Cook Medical Inc., Terumo Corporation, Braile Biomedica, Kaneka Corporation, and Balt USA LLC
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global neuroendovascular coil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global neuroendovascular coil market
Global Neuroendovascular Coil Market Detailed Segmentation:
By Product Type:
Bare Metal Coil
Hydrogel Coated Coils
By Application:
Aneurysm-Embolization
Malformation-Embolization
Ischemic Stroke-Revascularization
Stenosis-Revascularization
By End User:
Hospitals
Forensic Laboratories
Stroke Center
Ambulatory Surgical Centers
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Stryker
Codman (DePuy)
MicroVention
Medtronic Plc.
Penumbra Inc.
Cardinal Health
Johnson & Johnson
Boston Scientific
Cook Medical Inc.
Terumo Corporation
Braile Biomedica
Kaneka Corporation
Balt USA LLC
Table of Contents
1. Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Recent Trends
Recent Launches and Approvals
Mergers, Acquisitions, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
PORTER's Analysis
4. Global Neuroendovascular Coil Market - COVID-19 Impact Analysis
Economic Impact
COVID-19 Epidemiology
Impact on Supply and Demand
5. Global Neuroendovascular Coil Market, By Product Type, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
Bare Metal Coil
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Hydrogel Coated Coils
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
6. Global Neuroendovascular Coil Market, By Application, 2018- 2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
Aneurysm-Embolization
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Malformation-Embolization
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Ischemic Stroke-Revascularization
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Stenosis-Revascularization
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
7. Global Neuroendovascular Coil Market, By End User, 2018- 2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
Hospitals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Forensic Laboratories
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Stroke Center
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
Ambulatory Surgical Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Segment Trends
8. Global Neuroendovascular Coil Market, By Region, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 -2030, (US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 -2030, (US$ Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 -2030, (US$ Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 -2030, (US$ Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 -2030, (US$ Mn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 -2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018 -2030, (US$ Mn)