Global Embolization Devices Market 2017-2021

Overview of the global embolization devices market

Market research analysts at Technavio predict that the global embolization devices market will grow steadily at a CAGR of around 11% by 2021. This embolization devices industry analysis identifies the availability of venture capital that accelerates the entrance of start-up companies as one of the primary growth factors for this market. Venture capital provides investments through private equity funds, hedge funds, royalty funds, and other investment procedures, which help new entrants emerge in the market and penetrate the niche markets such as embolic protection devices (EPDs). Venture capitalists invest in embolization devices that have high market potential. This has resulted in an increase in financial support from venture capitalists, which subsequently increases the number of innovative start-ups focusing on the development of these devices.

The new technological advancements will be one of the key trends that will gain traction in the embolization devices market growth. Rapid technological advancements is increasing the adoption of neuroendovascular devices since these devices are highly advanced and are suitable to the physicians. To gain a competitive advantage and increase their market shares, both the key players and new entrants are increasingly focusing on introducing technologically advanced products.

Competitive landscape and key vendors

The embolization devices market is highly competitive and highly fragmented due to the presence of global and regional players engaged in diversification of the product portfolio, increased investment in the acquisition of advanced technologies, and expansion in the regional and untapped markets. The larger companies are acquiring regional players. Technological advancements and product upgradations will intensify the level of competition among the players in this marketspace.

The leading vendors in the market are -

• Boston Scientific
• Cook Medical
• Medtronic
• St. Jude Medical
• Metactive Medical
• Penumbra
• Terumo

The other prominent vendors in the market are Acandis, AGA Medical, Allium Medical Solutions, AngioDynamics, Angioslide, Atrium Medical, Biophan Technologies, Biosense Webster, Contego Medical, CryoLife, Innovative Cardiovascular Solutions, InspireMD, Keystone Heart, Phenox, and Transverse Medical.

Segmentation by product type and analysis of the embolization devices market

• Embolic coils
• Liquid agents
• EPDs
• Flow diverters
• Access devices

Bridging two blood vessels in the brain, makes it easier and safer to carry out neurosurgical procedures and reduces complications. According to this embolization devices market report, the embolic coils segment will account for the major shares of this market throughout the forecast period. The growth of embolic coils segment will mainly attribute to the rising cases of brain aneurysms and the availability of new neuroendovascular coils with additional features.

Segmentation by end user and analysis of the embolization devices market

• Hospitals
• ASCs

In addition to providing reasonable and better outpatient care ASCs offer a range of medical services and conduct surgical and non-surgical procedures in outpatient settings This reduces the cost of devices such as vascular closure devices and the overall surgery expenses of the patient.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global embolization devices market growth?
• What are the key market trends impacting the global embolization devices market growth?
• What are the challenges to market growth?
• Who are the key vendors in the global embolization devices market?
• What are the market opportunities and threats faced by the vendors in the global embolization devices market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global embolization devices market?

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