Market Overview:
The global neurointervention coil 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 neurological disorders, rising geriatric population, and technological advancements in neurointervention devices. Based on type, the global neurointervention coil market is segmented into <5 mm, 5-10 mm, 10-15 mm, 15-20 mm and >20 mm segments. Based on application, the global neurointervention coil market is segmented into hemorrhagic and ischemic segments. Geographically, the global neurointervention coil market is segmented into North America, Latin America Europe Asia Pacific and Middle East & Africa regions.
Product Definition:
A Neurointervention Coil is a medical device used to treat conditions affecting the brain and spinal cord. It is a coil-shaped metal tube that is inserted into an artery in the leg and passed up to the brain. Once in place, it can be used to deliver drugs or therapy directly to the affected area.
<5 mm:
Neurointervention coils are used for the treatment of brain aneurysms. The size of the coil is important as it determines the depth and width of a penetration track. Coils with a 5 mm depth track can be used to treat deep aneurysms while 3 or 4 mm wide tracks are suitable for treating superficial aneurysms, which means that different brands have different specifications regarding coil size.
5-10 mm:
The 5-10 mm range of neurointervention coils is used for procedures such as microvascular decompression, tumor removal, dural repair and spinal surgery. The increasing prevalence of neurological disorders has led to a rise in the number of neurosurgeries being performed across the globe.
Application Insights:
Based on application, the global neurointervention coil market is segmented into hemorrhagic stroke, ischemic stroke and others. The hemorrhagic stroke segment dominated the overall market in terms of revenue share in 2017. This can be attributed to an increase in number of patients suffering from brain bleeds as a result of trauma or surgery. Moreover, increasing prevalence of blood disorders such as hemophilia and von Willebrand¢â‚¬â„¢s disease also boosts product demand for neurointervention coils used during surgeries.
The ischemic stroke segment is expected to witness lucrative growth over the forecast period owing to rising incidence rates globally coupled with high treatment costs associated with this condition.
Regional Analysis:
North America dominated the global market in 2017 owing to a rise in cases of ischemic stroke and an increase in government funding for neurointervention devices. In addition, growing awareness about brain tumor treatment using neurointervention techniques is expected to drive the regional demand over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to rising healthcare expenditure by governments and private sectors, increasing prevalence of hemorrhagic stroke, improving healthcare infrastructure along with rising medical tourism due to availability of effective treatment at affordable costs. ‘‘‘‘ ’ â‘œ‘‘…Å¡¤¬¨°º©¶ƒž¶ƒœ™ Š©»£±&'.,) &%/;:.;.?-_.
Growth Factors:
- Increasing incidence of neurological disorders: The global prevalence of neurological disorders is increasing at an alarming rate. This is primarily due to the aging population and the increased incidence of chronic diseases such as Alzheimer’s disease, stroke, and Parkinson’s disease. The Neurointervention Coil market is expected to benefit from this trend in the coming years.
- Growing demand for minimally invasive procedures: There is a growing demand for minimally invasive procedures across all medical specialties due to their many advantages over traditional surgery such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Neurointervention Coil procedures are particularly well-suited for minimally invasive surgery as they are less traumatic than traditional open brain surgeries and can be performed through small incisions using specialized instruments.
- Advances in coil technology: The development of new coil technologies has been a major driver of growth for the Neurointervention Coil market in recent years. These new technologies have made it possible to perform more complex neurointerventions with greater accuracy and safety than ever before. This has led to an increase in the number of neurointerventions being performed each year, driving growth for the Neurointervention Coil market overall .
Scope Of The Report
Report Attributes
Report Details
Report Title
Neurointervention Coil Market Research Report
By Type
<5 mm, 5-10 mm, 10-15 mm, 15-20 mm, >20 mm
By Application
Hemorrhagic, Ischemic
By Companies
Medtronic, Microvention, Stryker, Johnson & Johnson, Boston Scientific, Peijia Medical, Visee Medical, TJWY Medical, LEPU Medical, MicaroPort
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Neurointervention Coil Market Report Segments:
The global Neurointervention Coil market is segmented on the basis of:
Types
<5 mm, 5-10 mm, 10-15 mm, 15-20 mm, >20 mm
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
Hemorrhagic, Ischemic
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
- Microvention
- Stryker
- Johnson & Johnson
- Boston Scientific
- Peijia Medical
- Visee Medical
- TJWY Medical
- LEPU Medical
- MicaroPort
Highlights of The Neurointervention Coil 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:
- <5 mm
- 5-10 mm
- 10-15 mm
- 15-20 mm
- >20 mm
- By Application:
- Hemorrhagic
- Ischemic
- 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 Neurointervention Coil 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
The Neurointervention Coil is a device that helps to improve brain function. It is made up of several coils that are placed on the head and neck. These coils help to stimulate the brain by sending electrical currents through the body. This can help to improve symptoms such as memory loss, difficulty concentrating, and problems with movement.
Some of the major companies in the neurointervention coil market are Medtronic, Microvention, Stryker, Johnson & Johnson, Boston Scientific, Peijia Medical, Visee Medical, TJWY Medical, LEPU Medical, MicaroPort.
The neurointervention coil 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 Neurointervention Coil 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 Neurointervention Coil Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Neurointervention Coil 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 Neurointervention Coil 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 Neurointervention Coil Market Size & Forecast, 2020-2028 4.5.1 Neurointervention Coil Market Size and Y-o-Y Growth 4.5.2 Neurointervention Coil 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 <5 mm
5.2.2 5-10 mm
5.2.3 10-15 mm
5.2.4 15-20 mm
5.2.5 >20 mm
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 Hemorrhagic
6.2.2 Ischemic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neurointervention Coil 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 Neurointervention Coil 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 <5 mm
9.6.2 5-10 mm
9.6.3 10-15 mm
9.6.4 15-20 mm
9.6.5 >20 mm
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 Hemorrhagic
9.10.2 Ischemic
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 <5 mm
10.6.2 5-10 mm
10.6.3 10-15 mm
10.6.4 15-20 mm
10.6.5 >20 mm
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 Hemorrhagic
10.10.2 Ischemic
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 <5 mm
11.6.2 5-10 mm
11.6.3 10-15 mm
11.6.4 15-20 mm
11.6.5 >20 mm
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 Hemorrhagic
11.10.2 Ischemic
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 <5 mm
12.6.2 5-10 mm
12.6.3 10-15 mm
12.6.4 15-20 mm
12.6.5 >20 mm
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 Hemorrhagic
12.10.2 Ischemic
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 <5 mm
13.6.2 5-10 mm
13.6.3 10-15 mm
13.6.4 15-20 mm
13.6.5 >20 mm
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 Hemorrhagic
13.10.2 Ischemic
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 Neurointervention Coil Market: Competitive Dashboard
14.2 Global Neurointervention Coil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Microvention
14.3.3 Stryker
14.3.4 Johnson & Johnson
14.3.5 Boston Scientific
14.3.6 Peijia Medical
14.3.7 Visee Medical
14.3.8 TJWY Medical
14.3.9 LEPU Medical
14.3.10 MicaroPort