India- Embolization Coils Market to Grow at 5.8% CAGR and Reach $1,131.24 Million by 2025 Led by Endoshape, Cook, Balth USA, Penumbra, Stryker, Three Rivers Medical, DePuy Synthes, Medtronic, Terumo

(MENAFN- GetNews) The content of the Embolization Coils market report showcase authentic section of each market segments like type, application, end user in an insightful arrangement. It Includes conclusive market numbers in for of relevant charts and tables to empower market players understand market scenario and viewpoints of different experts and industry leaders from the said market. This report focuses on the Embolization Coils Market Size, Revenue, Share, status, future forecast, growth opportunity, key market dynamics and key players. The study objectives are to present the Embolization Coils development in North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA).

The major players operating in the embolization coils market, Boston Scientific Corporation, Cook, Terumo Corporation, Stryker, Medtronic, EndoShape, Inc, Balt USA LLC, Penumbra, Inc., Three Rivers Medical, Inc, and DePuy Synthes.

According to a new market research study titled ‘Embolization Coils Market to 2027 Global Analysis and Forecasts by Type, Material, Application and End User. The global embolization coils market is expected to reach US$ 1,131.24 Mn in 2025 from US$ 784.60 Mn in 2017. The market is estimated to grow with a CAGR of 4.8% from 2018-2025. The market is expected to grow due to rising numbers of the minimally invasive procedure and others, however, the high costs of the embolization is likely to hinder the market growth. Neurology segment is expected to drive the growth of the global embolization coils market by application

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Embolization coils are used to treat brain aneurysms and cardiac aneurysm and others blood related conditions. This is used as an alternative to surgery embolization to cut the supply of blood to the tumor. It is used to treat various type of diseases such as liver cancer, kidney cancer, aortic artery disorders, neuroendocrine tumors, and peripheral vascular diseases and others. The market for the embolization coils market is expected to grow significantly due to the rising demand for the minimally invasive procedures.

Global embolization coils market, based on material was segmented into platinum, platinum tungsten alloy and platinum & hydrogel. In 2018, platinum segment held the largest share of the market, by filling material. This segment is also expected to dominate the market in 2027, owing to the properties of the material for the making the embolization coils. Furthermore, the segment is also anticipated to witness the fastest growth rate during the forecast period, 2018 to 2027.

Driving factors such as, increase in the demand for minimally invasive procedures, rise in the prevalence of the cardiac aneurysm, and growing aging population & rise in associated chronic diseases are expected to boost the market growth over the years. However, high cost of embolization coils and numerous product recalls are likely to have a negative impact on the growth of the market in the coming years. Growing ageing & rise in associated chronic diseases are likely to grow market significantly.

For instance as per the report of American College of Cardiology Foundation, in 2018, coronary heart disease (CHD) was the leading cause of deaths attributable to cardiovascular disease (CVD) in the US, which is followed by stroke (16.8%), high BP (9.4%), heart failure (HF) (9.0%), and other CVDs (17.9%). By 2035, approximately 130 million adults in the US population are projected to have some form of CVD. Thus, increasing geriatric population and related chronic diseases are expected to drive the sales of embolization coils. Hence, owing to the above mentioned factors the market for the embolization coils market are likely to grow in the forecast period.

Global embolization coils market, based on application was segmented as, neurology, oncology, urology, peripheral vascular disease and cardiology and others. In 2017, neurology segment held the largest share of the market, by application. However, the cardiology segment is expected to grow at the fastest rate during the coming years attributing the rising prevalence of the aortic artery conditions.

Some of the major primary and secondary sources included in the report for the embolization coils market are Association of Population-Based Cancer Registries, Canadian Cardiovascular Society, Society Of American American College of Cardiology Foundation, British Heart Foundation, Medical Journals, and others.

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The report segments the global embolization coils market as follows:

Global Embolization Coils Market By Type
o Detachable Coils
o Pushable Coils

Global Embolization Coils Market By Material
o Platinum
o Platinum Tungsten Alloy
o Platinum & Hydrogel

Global Embolization Coils Market By Application
o Neurology
o Oncology
o Urology
o Cardiology
o Peripheral Vascular Disease
o Others

Global Embolization Coils Market By End User
o Hospitals
o Ambulatory Surgical Centers
o Cardiac Centers

Global Embolization Coils Market By Geography

• North America
o U.S
o Canada
o Mexico

• Europe
o France
o Germany
o U.K

• Asia Pacific
o China
o India
o Japan

• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa

• South & Central America
o Brazil

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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Embolization Coils market

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The key findings and recommendations highlight crucial progressive industry trends in the Embolization Coils market, thereby allowing players across the value chain to develop effective long term strategies

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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