Increasing Prevalence Of An Aneurysm And Intracranial Disorder To Drive Stent-Assisted Coiling Market Growth
Stent-assisted coiling is a safe, effective and durable treatment for aneurysm closure. The stent-assisted coiling marketplace continues to remain under the influence of clinical clearance, success rates and market sustenance. As neurovascular stents for stent-assisted coiling (SAC) provide important options for wide-neck brain aneurysm treatment, the technology incorporated continues to evolve in a bid to address associated risks. While the stent-assisted coiling market has the presence of different type of stents, reports regarding periprocedural stroke and death while using the stent-assisted coiling related to poor patient selection or procedural risks.
After receiving reports of the use of stent-assisted coiling and associated procedural risks or death, FDA issued a safety alert that provided recommendations regarding safe and effective use of stent-assisted coiling (SAC) for the treatment of unruptured brain aneurysm. Stent-assisted coiling sales remain consolidated in hospitals, clinics and ambulatory surgical centers who continue to utilize stents such as a self-expandable stent, a liquid embolic device, embolic coils and flow-diversion devices.
Utilization of stent-assisted coiling devices is increasing in the wake of growing awareness, advancements in healthcare infrastructure, increasing patient pool of intracranial diseases. Based on these factors, the use of stent-assisted coiling will continue to rise steadily, thereby leading to the steady growth of the stent-assisted soiling market in the coming years.
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Stent-Assisted Coiling Market: Segmentation
On the basis of product type, stent-assisted coiling market can be segmented as:
- Self-Expandable Stents
- Liquid Embolic Devices
- Flow-diversion devices
- Embolic Coils
On the basis of the end user, the cardiac mapping system market can be segmented as:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
Stent-Assisted Coiling Market: Key Market Participants
Example of some key market participants in global stent-assisted coiling market identify across the value chain are DePuy Synthes, Medtronic Plc, MicroPort Scientific Corporation, Stryker Corporation, OBEX Medical Limited.
Some of the other companies having the significant presence in the global stent-assisted coiling market are Abbott Laboratories, ADMEDES GmbH, Balt Extrusion, Cardiatis and Penumbra, Inc. Global market players are introducing new products with better efficiency to create good market opportunities for the stent-assisted coiling market. Rising number of mergers and acquisitions, increasing number of collaborations and partnerships are key trends that are observed in the global stent-assisted coiling market.
Stent-Assisted Coiling Market: Region-wise Outlook
In terms of geography, cardiac mapping system market has been divided into eight regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding China & Japan (APECJ), China, Japan, Middle-East & Africa and Latin America. North America is the most dominating market for stent-assisted coiling market due to increasing healthcare expenditure and increasing adoption of stent-assisted coiling surgery.
Western Europe like Germany, France, and the UK is another fastest growing region in the stent-assisted coiling market due to growing healthcare practices and development of healthcare facilities. APECJ region includes two fastest developing countries India and China, which provide the most promising market for stent-assisted coiling market players. Due to factors like increasing awareness, rapid improvement in healthcare services, large population pool and increased prevalence of intracranial diseases.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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