Overview
The Global Aneurysm Coiling and Embolization Devices Market growing at a CAGR of 5.0% during the forecast period 2024-2031.
Global aneurysm coiling and embolization devices are used to treat brain aneurysms, which are characterized by a weakened or bulging section of a blood vessel wall. To address this condition, coiling and embolization devices are inserted into the affected blood vessel to seal off the aneurysm. This intervention helps prevent the aneurysm from rupturing, which could lead to severe injury or even death.
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Market Growth Trends
Rising prevalence of intracranial aneurysms (IAs) & associated risks
The primary factor driving market growth is the increasing incidence of intracranial aneurysms and the associated risks. Cerebral aneurysm ruptures are particularly concerning due to their high morbidity and mortality rates. According to a study published in NCBI in April 2023, nearly 25% of patients die within the first 24 hours of a rupture, and 50% will die within the following three months.
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Market is segmented
By Product Type: Embolic Coils, Aneurysm clips, Flow Diversion Devices, Liquid Embolic Agents, Balloon and stent-assisted coils, Others
By Application: Tumor and Brain Cancer, Brain Arteriovenous Malformations, Ischemic Stroke, Brain Aneurysm , Cerebral Edema, Urology, Peripheral Vascular Disease, Others
By Material: Titanium, Cobalt, Others
By End-user: Hospitals, Ambulatory Surgical Units, Clinics
By Region: North America, Europe, South America, Asia-Pacific
Market Key Players
· Acandis GmbH
· Johnson & Johnson Services, Inc.
· Medtronic
· Penumbra, Inc.
· Stryker
· Terumo Corporation
· MicroPort Scientific Corporation
· Abbott
· W. L. Gore & Associates, Inc.
· KANEKA CORPORATION
Related Reports
India Aneurysm Coiling and Embolization Devices Market
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