Global embolic protection devices market expected to generate around USD 1,341 million by 2026, at a CAGR of around 9.3% between 2019 and 2025. The rise in the number of people suffering from cardiovascular diseases is anticipated to further fuel the growth of the embolic protection devices market.
Sarasota, FL -- (SBWIRE) -- 02/27/2019 -- Zion Market Research has published a new report titled "Embolic Protection Devices Market by Type (Distal Filter Devices, Distal Occlusion Devices, and Proximal Occlusion Devices), by Material (Nitinol and Polyurethane), by Application (Cardiovascular Diseases, Neurovascular Diseases, and Peripheral Diseases), by Indication (Percutaneous Coronary Intervention, Carotid Artery Diseases, Saphenous Vein Graft Disease, Transcatheter Aortic Valve Replacement, and Others), and by End-User (Hospitals, Ambulatory Care Centers, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025". According to the report, the global embolic protection devices market was valued at approximately USD 719 million in 2018 and is expected to generate around USD 1,341 million by 2026, at a CAGR of around 9.3% between 2019 and 2025.
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Embolic protection devices are catheter-shaped devices used to remove debris and extra material during the stenting procedure. These devices contain imaging devices that are used to locate debris. The rising occurrences of cardiovascular diseases, increasing demand for minimally invasive procedures, growing awareness about embolic protection devices in developing countries are anticipated to fuel the growth of the global embolic protection devices market over the estimated timeframe.
The global embolic protection devices market is divided into the application, material, type, indication, and end-user. By type, the market for embolic protection devices is segmented into proximal occlusion devices, distal occlusion devices, and distal filter devices. Distal filter devices are projected to dominate the market over the forecast time period. Based on material, the embolic protection devices market is segmented into nitinol and polyurethane. The Nitinol segment has highly specific properties that are required in embolic protection devices, which, in turn, is likely to fuel this segment in the future. These properties include high-elasticity and highly braided. By application, the market is segmented into the peripheral disease, neurovascular disease, and cardiovascular diseases. Neurovascular diseases are anticipated to show the highest growth rate in the upcoming years owing to the growing disease awareness. The indication segment of the market is divided into transcatheter aortic valve replacement, saphenous vein graft disease, percutaneous coronary intervention, carotid artery disease, and others. In 2017, the percutaneous coronary intervention segment dominated the market due to the increasing demand for minimally invasive procedures to treat these disorders. Based on end-user, the market is segmented ambulatory care centers, hospitals, and others. Hospitals are anticipated to dominate the global embolic protection devices market in the future, due to the use of advanced technologies for disease treatment and the presence of a high patient pool.
By region, North America is anticipated to dominate the global embolic protection devices market in the upcoming years owing to the increase in the occurrences of cardiovascular disease and rising demand for minimally invasive procedures. The Asia Pacific embolic protection devices market is projected to show the highest growth rate over the forecast time period owing to the prevalence of cardiovascular diseases due to changes in lifestyle, product launches by major companies, rising awareness about the use of embolic protection devices among the surgeons, and increasing investments made by the government for the development of healthcare infrastructure.
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Some key players of the global embolic protection devices market are Abbott, W.L. Gore & Associates, Boston Scientific, Allium Medical, Cordis, Medtronic, Contego Medical, Silk Road Medical, AngioSlide, and Claret Medical, among others.
This report segments the global embolic protection devices market into:
Global Embolic Protection Devices Market: Type Analysis
Distal Filter Devices
Distal Occlusion Devices
Proximal Occlusion Devices
Global Embolic Protection Devices Market: Material Analysis
Global Embolic Protection Devices Market: Application Analysis
Global Embolic Protection Devices Market: Indication Analysis
Percutaneous Coronary Intervention
Carotid Artery Diseases
Saphenous Vein Graft Disease
Transcatheter Aortic Valve Replacement
Global Embolic Protection Devices Market: End-User Analysis
Ambulatory Care Centers
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Global Embolic Protection Devices Market: Regional Analysis
The Middle East and Africa