Market Overview:
The global Intrasaccular Embolization System market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of brain aneurysms, rising demand for minimally invasive procedures, and technological advancements in intrasaccular embolization systems. Based on type, the Intrasaccular Embolization System market is segmented into embolic coils, woven endoBridge (WEB), Medina Embolization Device, and others. The embolic coils segment is expected to account for the largest share of the global Intrasaccular Embolization System market in 2018. This segment is projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030 due to its high adoption rate and growing demand for minimally invasive procedures. Based on application, the Intrasaccular Embolization System market is divided into hospitals, speciality clinics, ambulatory surgical centers (ASCs), diagnostic centers, and others segments. The hospitals segment accounted for majority share of revenue generated by this market in 2017 owingtoits large patient baseand increasing numberof neurovascular surgeries being performed annually worldwide .
Product Definition:
An Intrasaccular Embolization System (IES) is a medical device used to treat aneurysms. The IES is inserted into the aneurysm and filled with coils, which block the flow of blood through the aneurysm and cause it to shrink.
Embolic Coils:
Embolic coils are used in the Intrasaccular Embolization (ISA) system for the treatment of deep vein thrombosis, pulmonary embolism, and other blood clots. The ISA system is gaining popularity due to its safety and effectiveness. It has been reported that more than 500,000 people die every year from venous thromboembolism (VTE) around the world.
Woven EndoBridge (WEB):
The endo- bridge is a device that helps in the management of deep vein thrombosis and pulmonary embolism. It works by removing blood clots from the leg veins using high speed air streams. The Endo- Bridge is used along with an IV to help remove blood clots from the patient’s body, thus preventing any further complications arising due to clot formation.
Application Insights:
Based on application, the global intrasaccular embolization system market is segmented into hospitals, specialty clinics and ambulatory surgical centers, diagnostic centers, and others. Hospitals held the largest share of over 70% in 2017. This is due to factors such as a high prevalence of thrombosis cases in hospitals that require more than one attempt for successful treatment. Furthermore, rising awareness among healthcare professionals regarding this procedure will boost growth during the forecast period.
The specialty clinics and ambulatory surgical centers are anticipated to witness lucrative growth over the forecast period owing to increasing demand for minimally invasive procedures that offer ease of access without compromising with clinical outcomes. The growing number of obese population across various regions will further boost demand for these devices during future years according to current trends.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to rising incidence of deep vein thrombosis (DVT) and pulmonary embolism (PE), increasing awareness about risk factors, presence of well-established healthcare facilities, availability of highly skilled physicians, and adoption of advanced technologies for minimally invasive procedures. Moreover, high per capita healthcare expenditure in this region is also contributing towards market growth.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to growing medical tourism industry in emerging countries such as India and China. In addition, favorable government initiatives for developing infrastructure including hospitals & diagnostic centers are anticipated to boost demand Intrasaccular Embolization Systems (ISES).
Growth Factors:
- Increasing incidence of stroke: The Intrasaccular Embolization System market is expected to grow owing to the increasing incidence of stroke. According to the World Health Organization, strokes are one of the leading causes of death and account for 6% of all deaths globally. In addition, it is also a major cause of disability. This is expected to drive the demand for Intrasaccular Embolization Systems in the coming years.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this is expected to drive the demand for Intrasaccular Embolization Systems in the coming years. Strokes are more common in elderly people and account for 60-70% of all strokes globally according to WHO estimates. This provides a huge opportunity for players operating in this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intrasaccular Embolization System Market Research Report
By Type
Embolic Coils, Woven EndoBridge (WEB), Medina Embolization Device, Others
By Application
Hospitals, Speciality Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Others
By Companies
MicroVention, Inc. (Terumo), Medtronic, Braile Biomedica, Stryker, Cook Medical, Kaneka
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Intrasaccular Embolization System Market Report Segments:
The global Intrasaccular Embolization System market is segmented on the basis of:
Types
Embolic Coils, Woven EndoBridge (WEB), Medina Embolization Device, Others
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
Hospitals, Speciality Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Others
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:
- MicroVention, Inc. (Terumo)
- Medtronic
- Braile Biomedica
- Stryker
- Cook Medical
- Kaneka
Highlights of The Intrasaccular Embolization System 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:
- Embolic Coils
- Woven EndoBridge (WEB)
- Medina Embolization Device
- Others
- By Application:
- Hospitals
- Speciality Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
- Others
- 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 Intrasaccular Embolization System 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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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?
Intrasaccular embolization system is a medical device that uses an embolic agent to block blood flow in the smaller vessels of the eye. This can help to reduce or stop the growth of tumors or other abnormalities in these areas.
Some of the major players in the intrasaccular embolization system market are MicroVention, Inc. (Terumo), Medtronic, Braile Biomedica, Stryker, Cook Medical, Kaneka.
The intrasaccular embolization system 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 Intrasaccular Embolization System 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 Intrasaccular Embolization System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intrasaccular Embolization System 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 Intrasaccular Embolization System 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 Intrasaccular Embolization System Market Size & Forecast, 2020-2028
4.5.1 Intrasaccular Embolization System Market Size and Y-o-Y Growth
4.5.2 Intrasaccular Embolization System 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 Embolic Coils
5.2.2 Woven EndoBridge (WEB)
5.2.3 Medina Embolization Device
5.2.4 Others
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 Hospitals
6.2.2 Speciality Clinics
6.2.3 Ambulatory Surgical Centers
6.2.4 Diagnostic Centers
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intrasaccular Embolization System 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 Intrasaccular Embolization System 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 Embolic Coils
9.6.2 Woven EndoBridge (WEB)
9.6.3 Medina Embolization Device
9.6.4 Others
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 Hospitals
9.10.2 Speciality Clinics
9.10.3 Ambulatory Surgical Centers
9.10.4 Diagnostic Centers
9.10.5 Others
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 Embolic Coils
10.6.2 Woven EndoBridge (WEB)
10.6.3 Medina Embolization Device
10.6.4 Others
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 Hospitals
10.10.2 Speciality Clinics
10.10.3 Ambulatory Surgical Centers
10.10.4 Diagnostic Centers
10.10.5 Others
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 Embolic Coils
11.6.2 Woven EndoBridge (WEB)
11.6.3 Medina Embolization Device
11.6.4 Others
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 Hospitals
11.10.2 Speciality Clinics
11.10.3 Ambulatory Surgical Centers
11.10.4 Diagnostic Centers
11.10.5 Others
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 Embolic Coils
12.6.2 Woven EndoBridge (WEB)
12.6.3 Medina Embolization Device
12.6.4 Others
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 Hospitals
12.10.2 Speciality Clinics
12.10.3 Ambulatory Surgical Centers
12.10.4 Diagnostic Centers
12.10.5 Others
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 Embolic Coils
13.6.2 Woven EndoBridge (WEB)
13.6.3 Medina Embolization Device
13.6.4 Others
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 Hospitals
13.10.2 Speciality Clinics
13.10.3 Ambulatory Surgical Centers
13.10.4 Diagnostic Centers
13.10.5 Others
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 Intrasaccular Embolization System Market: Competitive Dashboard
14.2 Global Intrasaccular Embolization System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MicroVention, Inc. (Terumo)
14.3.2 Medtronic
14.3.3 Braile Biomedica
14.3.4 Stryker
14.3.5 Cook Medical
14.3.6 Kaneka
