Global Neurovascular Coiling Assist Devices Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.25 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The neurovascular coiling assist devices market is seeing significant advancements in the treatment of brain aneurysms. These devices, primarily used in endovascular procedures, help secure coils in place, preventing aneurysm rupture and improving patient outcomes. As the global population ages, the demand for neurovascular treatments has surged, creating a growing market for coiling assist technologies. Industry experts estimate the market will experience steady growth over the next decade, driven by technological innovation and increased awareness of neurovascular diseases.
Coiling assist devices play a critical role in the management of intracranial aneurysms. These devices facilitate the precise placement of coils into the aneurysm sac, which promotes thrombosis and vessel occlusion. Their primary function is to help reduce the risk of rupture, which can be life-threatening. Aneurysm coiling is a minimally invasive procedure, offering numerous advantages over traditional surgical methods, such as quicker recovery times and reduced complication rates.
In recent years, new technologies such as 3D imaging systems, robot-assisted surgery, and improved coil materials have enhanced the effectiveness of coiling procedures. These innovations have led to a reduction in procedure times and improved the safety profile of treatments. In addition, emerging trends in patient-centric care are driving the development of more customizable and precise coiling assist devices.
As the market grows, players in the neurovascular industry are expanding their portfolios by introducing advanced coiling devices designed for use in complex aneurysm cases. The adoption of these devices is also expected to increase in emerging markets as healthcare infrastructure improves globally. Furthermore, the increasing prevalence of cerebrovascular diseases and the rise in diagnostic procedures are contributing to the market’s expansion.
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Stryker Neurovascular
MicroVention Inc
Cerenovus
Medtronic plc
Balt Extrusion SAS
Phenox GmbH
Acandis GmbH & Co KG
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Neurovascular Coiling Assist Devices Market
Neurosurgery
Internal Medicine-Neurology
Other
Based on Types the Market is categorized into Below types that held the largest Neurovascular Coiling Assist Devices market share In 2023.
Coil Assist Stents
Coil Assist Balloons
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Neurovascular Coiling Assist Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Neurovascular Coiling Assist Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Neurovascular Coiling Assist Devices Market, By Type
6. Global Neurovascular Coiling Assist Devices Market, By Application
7. Global Neurovascular Coiling Assist Devices Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Neurovascular Coiling Assist Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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