Market Overview:
The global flow diversion stent market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of brain aneurysms, rising demand for minimally invasive surgeries, and technological advancements in flow diversion stents. Based on type, the global flow diversion stent market is segmented into single channel and dual channel. The dual channel segment is expected to grow at a higher CAGR than the single channel segment during the forecast period. This can be attributed to its ability to divert blood from two channels simultaneously, which results in improved outcomes for patients undergoing surgery. Based on application, the global flow diversion stent market is divided into heart surgery, intracranial surgery, liver surgery, and other applications. The heart surgery segment accounted for majority of the share of this market in 2017 and is projected to maintain its dominance during the forecast period as well owing to increase in number of cardiac surgeries across globe . However ,the intracranial surgery segmentis projectedto witness highest growth rate over next decade due high prevalence aneurysm globally .
Product Definition:
Flow diversion stents are medical devices that are inserted into narrowed or blocked blood vessels to help improve blood flow. The stents create a new channel for blood to flow around the blockage, which can help reduce or prevent symptoms such as chest pain, shortness of breath, and heart attack.
Single Channel:
Single channel flow diversion stent market is expected to witness significant growth over the forecast period owing to increasing prevalence of coronary artery disease and growing geriatric population base. Coronary artery disease (CAD) is a narrowing or blockage of coronary arteries, which supplies oxygen-rich blood to the heart muscle. This condition may lead to myocardial infarction (MI), which can further develop into a heart attack if not treated on time.
Dual Channel:
Dual channel is a technology used in flow diversion stents to improve the blood flow. Flow diversion stents are used for the treatment of coronary artery disease by reducing or eliminating blockage in arteries. Dual channel technology helps to increase the flexibility and efficiency of these devices, which results into improved patient outcomes.
Application Insights:
The heart surgery segment dominated the global market in 2017. This is owing to a high incidence of cardiovascular diseases, which are one of the leading causes of death globally. According to WHO, around 1 in 3 deaths occur due to Cardiovascular Diseases (CVDs). In 2015, it was reported that over 300 million people suffered from CVD worldwide and caused around 60 million deaths annually. Thus, increasing incidences of cardiac surgeries are expected to boost product demand over the forecast period.
In addition, growing awareness about various benefits associated with Flow divert such as reduced blood loss during surgeries and faster recovery time is further anticipated to propel its demand in cardiac surgeries over the forecast period (2017-2030). The liver surgery segment accounted for a significant share in 2017 owing to an increase in liver cancer cases globally coupled with rising number of liver transplants being performed every year.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing healthcare expenditure, and rising incidence of brain tumor & other central nervous system cancers. In addition, growing number of research studies conducted on various types of cancer using human subjects is expected to drive the demand for flow diversion stents in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to factors such as improving healthcare infrastructure and economic development. Moreover, an increase in cardiovascular diseases has also been observed recently which will boost product demand further. The presence of a large target population base with high unmet medical needs will support regional growth as well (Figure 1).
The key players operating in this space are Medtronic; Boston Scientific Corporation; Abbott Laboratories; Integra LifeSciences Holdings Inc.; Stryker Corporation; Terumo BCT Corp.
Growth Factors:
- Increasing incidence of stroke: The number of people affected by stroke is increasing at an alarming rate. This is mainly due to the aging population and lifestyle changes. As a result, the demand for flow diversion stents is expected to rise in the coming years.
- Growing awareness about stroke prevention: There is a growing awareness among people about the importance of preventing strokes. This has led to an increase in demand for flow diversion stents as they are one of the most effective methods for preventing strokes from occurring.
- Technological advancements: The technology used in flow diversion stents continues to evolve, making them more efficient and effective than ever before. This is likely to lead to increased adoption rates over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flow Diversion Stent Market Research Report
By Type
Single Channel, Dual Channel
By Application
Heart Surgery, Intracranial Surgery, Liver Surgery, Other
By Companies
Medtronic, Joe Niekro Foundation, Terumo, Johns Hopkins Health System, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Flow Diversion Stent Market Report Segments:
The global Flow Diversion Stent market is segmented on the basis of:
Types
Single Channel, Dual Channel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Heart Surgery, Intracranial Surgery, Liver Surgery, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Joe Niekro Foundation
- Terumo
- Johns Hopkins Health System
- Medtronic
Highlights of The Flow Diversion Stent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Channel
- Dual Channel
- By Application:
- Heart Surgery
- Intracranial Surgery
- Liver Surgery
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flow Diversion Stent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flow diversion stents are a type of medical device that help to keep blood flowing through an artery or vein in the body. When the flow of blood is blocked, it can cause pain and swelling. A flow diversion stent is inserted into the blocked artery or vein and helps to reopen it so that blood can flow freely again.
Some of the key players operating in the flow diversion stent market are Medtronic, Joe Niekro Foundation, Terumo, Johns Hopkins Health System, Medtronic.
The flow diversion stent market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flow Diversion Stent Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flow Diversion Stent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flow Diversion Stent Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flow Diversion Stent Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flow Diversion Stent Market Size & Forecast, 2020-2028
4.5.1 Flow Diversion Stent Market Size and Y-o-Y Growth
4.5.2 Flow Diversion Stent Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Channel
5.2.2 Dual Channel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Heart Surgery
6.2.2 Intracranial Surgery
6.2.3 Liver Surgery
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flow Diversion Stent Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flow Diversion Stent Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Channel
9.6.2 Dual Channel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Heart Surgery
9.10.2 Intracranial Surgery
9.10.3 Liver Surgery
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Channel
10.6.2 Dual Channel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Heart Surgery
10.10.2 Intracranial Surgery
10.10.3 Liver Surgery
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Channel
11.6.2 Dual Channel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Heart Surgery
11.10.2 Intracranial Surgery
11.10.3 Liver Surgery
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Channel
12.6.2 Dual Channel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Heart Surgery
12.10.2 Intracranial Surgery
12.10.3 Liver Surgery
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Channel
13.6.2 Dual Channel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Heart Surgery
13.10.2 Intracranial Surgery
13.10.3 Liver Surgery
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flow Diversion Stent Market: Competitive Dashboard
14.2 Global Flow Diversion Stent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Joe Niekro Foundation
14.3.3 Terumo
14.3.4 Johns Hopkins Health System
14.3.5 Medtronic
