What is Global Neurovascular Coiling Assist Devices Market?
The Global Neurovascular Coiling Assist Devices Market is a specialized sector within the broader medical devices industry. These devices are specifically designed to assist in the treatment of neurovascular disorders, such as brain aneurysms and strokes. The market encompasses a range of devices, including coil assist stents and coil assist balloons, which are used to facilitate the coiling process. The coiling process involves inserting a catheter into the blood vessel and then using a coil to block off the aneurysm, preventing it from rupturing. The global market for these devices is driven by factors such as the increasing prevalence of neurovascular disorders, advancements in technology, and the growing demand for minimally invasive procedures.
Coil Assist Stents, Coil Assist Balloons in the Global Neurovascular Coiling Assist Devices Market:
Coil Assist Stents and Coil Assist Balloons are two key components of the Global Neurovascular Coiling Assist Devices Market. Coil Assist Stents are small mesh tubes that are used to support the walls of a blood vessel. They are typically used in conjunction with coil assist balloons to treat brain aneurysms. The stent is placed in the blood vessel to provide support and prevent the aneurysm from rupturing. On the other hand, Coil Assist Balloons are used to temporarily block off the blood vessel, allowing the coil to be placed more accurately. They are inflated to fit the size of the blood vessel and then deflated once the coil has been placed. Both of these devices play a crucial role in the treatment of neurovascular disorders and their demand is expected to increase in the coming years due to the rising prevalence of these conditions.
Neurosurgery, Internal Medicine-Neurology, Other in the Global Neurovascular Coiling Assist Devices Market:
The Global Neurovascular Coiling Assist Devices Market finds its application in various areas such as Neurosurgery, Internal Medicine-Neurology, and others. In Neurosurgery, these devices are used to treat conditions like brain aneurysms and strokes. They provide a minimally invasive alternative to traditional open surgery, reducing the risk of complications and improving patient outcomes. In Internal Medicine-Neurology, these devices are used to diagnose and treat neurovascular disorders. They allow for precise and accurate placement of coils, improving the effectiveness of the treatment. Other areas where these devices are used include interventional radiology and emergency medicine. The versatility and effectiveness of these devices have led to their increased adoption in various medical fields.
Global Neurovascular Coiling Assist Devices Market Outlook:
Based on our research, the global medical devices market, which includes the Global Neurovascular Coiling Assist Devices Market, is projected to reach a value of US$ 603 billion by the year 2023. This represents a significant growth from the current market size, with a compound annual growth rate (CAGR) of 5% expected over the next six years. This growth is driven by factors such as the increasing prevalence of chronic diseases, advancements in medical technology, and the growing demand for minimally invasive procedures. The Global Neurovascular Coiling Assist Devices Market is expected to contribute significantly to this growth, driven by the rising incidence of neurovascular disorders and the increasing adoption of these devices in the treatment of these conditions.
| Report Metric | Details |
| Report Name | Neurovascular Coiling Assist Devices Market |
| Accounted market size in year | US$ 603 billion |
| CAGR | 5% |
| Base Year | year |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Stryker Neurovascular, MicroVention Inc, Cerenovus, Medtronic plc, Balt Extrusion SAS, Phenox GmbH, Acandis GmbH & Co KG |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
