Europe Coil Assisted Flow Diverters Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Application (Wide-Neck Bifurcation Aneurysms and Narrow-Neck Bifurcation Aneurysms) and End user (Hospitals, Clinics, and Ambulatory Surgical Centers)

No. of Pages: 123
Report Code: TIPRE00024056
Category: Life Sciences
Europe Coil Assisted Flow Diverters Market

Market Introduction

Coil assisted flow diverters is an adjunctive intrasaccular stent which is made of super visible braid elastic matter and is less restrictive. It is designed for application with embolization coils for the treatment of aneurysms. It also possesses mesh braid of contour neurovascular system, with memory properties, self-anchoring, stabilizing and less restricting sizing with the help of high precision re-sheathable placement into the aneurysm sac neck.

 

Market Overview and Dynamics

Coil assisted flow diverters are stent-like devices that are used to for the embolization of intracranial aneurysms. Thus, increasing incidence of intracranial aneurysms is propelling the demand for coil assisted flow diverters. As per the NHS, in 2019, every year in UK, 1 in 12,500 people have a ruptured brain aneurysm in England. Additionally, as per the ‘Unruptured Intracranial Aneurysms—Pathogenesis and Individualized Management’ report published in 2020, published in Deutsches Ärzteblatt International, stated around 2 million people (adults) in Germany have an unruptured intracranial aneurysm (IA). Thus, increasing prevalence of intracranial aneurysms is creating high demand for coil assisted flow diverters. Also, hypertension, smoking, alcoholism, and obesity are associated with the development of brain aneurysms. Thus, increasing prevalence of these diseases is likely to fuel the demand for coil assisted flow diverters. In addition to this, the growing geriatric population, the rise in associated neurological disorders and technological advancements in coil assisted flow diverters across Europe are likely to create growth opportunities for the market.

Countries in the European regions were profoundly affected due to the COVID-19 pandemic. Due to the second wave of COVID-19 cases, many countries' government is working towards boosting up their cell therapies, gene therapies and regenerative medicines produced by various companies. Increasing COVID-19 has affected the diagnosis and treatment of diseases, due to the diversification of the medical workforce and decision to focus on treating the critically ill. Due to the current pandemic, many research organizations in Europe, are focusing more on COVID 19 studies and are working hard to better understand the virus. The European Academy of Neurology (EAN) has launched a survey on neurological symptoms in COVID-19 patients in order to better understand the neurological manifestations of COVID-19 disease. Thus, the growing focus on corona-virus, is likely to have negative effect on the market.

 

Key Market Segments

Coil assisted flow diverters are stent-like devices that are used to for the embolization of intracranial aneurysms. Thus, increasing incidence of intracranial aneurysms is propelling the demand for coil assisted flow diverters. As per the NHS, in 2019, every year in UK, 1 in 12,500 people have a ruptured brain aneurysm in England. Additionally, as per the ‘Unruptured Intracranial Aneurysms—Pathogenesis and Individualized Management’ report published in 2020, published in Deutsches Ärzteblatt International, stated around 2 million people (adults) in Germany have an unruptured intracranial aneurysm (IA). Thus, increasing prevalence of intracranial aneurysms is creating high demand for coil assisted flow diverters. Also, hypertension, smoking, alcoholism, and obesity are associated with the development of brain aneurysms. Thus, increasing prevalence of these diseases is likely to fuel the demand for coil assisted flow diverters. In addition to this, the growing geriatric population, the rise in associated neurological disorders and technological advancements in coil assisted flow diverters across Europe are likely to create growth opportunities for the market.

Countries in the European regions were profoundly affected due to the COVID-19 pandemic. Due to the second wave of COVID-19 cases, many countries' government is working towards boosting up their cell therapies, gene therapies and regenerative medicines produced by various companies. Increasing COVID-19 has affected the diagnosis and treatment of diseases, due to the diversification of the medical workforce and decision to focus on treating the critically ill. Due to the current pandemic, many research organizations in Europe, are focusing more on COVID 19 studies and are working hard to better understand the virus. The European Academy of Neurology (EAN) has launched a survey on neurological symptoms in COVID-19 patients in order to better understand the neurological manifestations of COVID-19 disease. Thus, the growing focus on corona-virus, is likely to have negative effect on the market.

 

Major Sources and Companies Listed

A few of the primary and secondary sources associated with this report on the Europe coil assisted flow diverters market are the Agenzia Sanitaria e Sociale Regionale (A.S.S.R), Federation of Italian Medical and Scientific Societies (F.I.S.M) and Societa Italiana Di Neuroscienze (SINS).

 

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EUROPE COIL ASSISTED FLOW DIVERTERS MARKET SEGMENTATION

By Application

  • Wide-Neck bifurcation aneurysms
  • Narrow-Neck Bifurcation aneurysms

By End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

By Country

  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe

 

Company Profiles

  • Balt USA LLC
  • MicroPort Scientific Corporation
  • Stryker Corporation
  • Penumbra, Inc
  • Medtronic
  • Acandis GmbH
  • MicroVention Inc
  • Johnson and Johnson Services, Inc.
  • Lepu Medical Technology Co. Ltd.
  • Cerus Endovascular
 

Europe Coil Assisted Flow Diverters Market Strategic Insights

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Europe Coil Assisted Flow Diverters Market Segmentation Analysis

Europe Coil Assisted Flow Diverters Market Report Highlights

Europe Coil Assisted Flow Diverters Report Scope

Report Attribute Details
Market size in 2021 US$ 73.87 Million
Market Size by 2028 US$ 120.47 Million
CAGR (2021 - 2028) 7.2%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Application
  • Wide-Neck Bifurcation Aneurysms and Narrow-Neck Bifurcation Aneurysms
By End user
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
Regions and Countries Covered
Europe UK, Germany, France, Russia, Italy, Rest of Europe
Market leaders and key company profiles
  • Balt USA LLC
  • MicroPort Scientific Corporation
  • Stryker Corporation
  • Penumbra, Inc
  • Medtronic
  • Acandis GmbH
  • MicroVention Inc
  • Johnson and Johnson Services, Inc.
  • Lepu Medical Technology Co. Ltd.
  • Cerus Endovascular
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Europe Coil Assisted Flow Diverters Market Country and Regional Insights

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The List of Companies - Europe Coil Assisted Flow Diverters Market
  1. Balt USA LLC
  2. MicroPort Scientific Corporation
  3. Stryker Corporation
  4. Penumbra, Inc
  5. Medtronic
  6. Acandis GmbH
  7. MicroVention Inc
  8. Johnson and Johnson Services, Inc.
  9. Lepu Medical Technology Co. Ltd.
  10. Cerus Endovascular
  11.  
Frequently Asked Questions
How big is the Europe Coil Assisted Flow Diverters Market?

The Europe Coil Assisted Flow Diverters Market is valued at US$ 73.87 Million in 2021, it is projected to reach US$ 120.47 Million by 2028.

What is the CAGR for Europe Coil Assisted Flow Diverters Market by (2021 - 2028)?

As per our report Europe Coil Assisted Flow Diverters Market, the market size is valued at US$ 73.87 Million in 2021, projecting it to reach US$ 120.47 Million by 2028. This translates to a CAGR of approximately 7.2% during the forecast period.

What segments are covered in this report?

The Europe Coil Assisted Flow Diverters Market report typically cover these key segments-

  • Application (Wide-Neck Bifurcation Aneurysms and Narrow-Neck Bifurcation Aneurysms)
  • End user (Hospitals, Clinics, Ambulatory Surgical Centers)

What is the historic period, base year, and forecast period taken for Europe Coil Assisted Flow Diverters Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Coil Assisted Flow Diverters Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Europe Coil Assisted Flow Diverters Market?

    The Europe Coil Assisted Flow Diverters Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Balt USA LLC
  • MicroPort Scientific Corporation
  • Stryker Corporation
  • Penumbra, Inc
  • Medtronic
  • Acandis GmbH
  • MicroVention Inc
  • Johnson and Johnson Services, Inc.
  • Lepu Medical Technology Co. Ltd.
  • Cerus Endovascular
  • Who should buy this report?

    The Europe Coil Assisted Flow Diverters Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Coil Assisted Flow Diverters Market value chain can benefit from the information contained in a comprehensive market report.

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