Neuroendovascular Coil Market

The global Neuroendovascular Coil market was valued at 75.09 Million USD in 2021 and will grow with a CAGR of 3.89% from 2021 to 2027, based on Research newly published report.

The prime objective of Neuroendovascular Coil Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Neuroendovascular Coil Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Endovascular coiling is a procedure performed to block blood flow into an aneurysm (a weakened area in the wall of an artery). Endovascular coiling is a more recent treatment for brain aneurysms; it has been used in patients since 1991. A Neuroendovascular Coil is used to treat an unruptured and ruptured brain aneurysm (a weakened area in the artery wall). Neuroendovascular coil industry concentration is very high, according to our research, the top four companies occupied above 90% market share, and the major producers include Stryker, Codman (DePuy), MicroVention, and Covidien (Medtronic). MicroVention acquired by Terumo in 2006; also Medtronic acquired Covidien in 2014. The USA and Europe are the largest consumption areas, the USA occupied 48.50% market, followed by 28.79% market share of Europe. In the future, there will be a certain space in this industry, especially the developing countries, such China, India etc.

By Market Verdors:

• Stryker
• Codman (DePuy)
• MicroVention
• Covidien (Medtronic)
• Penumbra

By Types:

• Bare Metal Coil
• Hydrogel Coated Coils

By Applications:

• Aneurysm-Embolization
• Malformation-Embolization
• Ischemic stroke-Revascularization
• Stenosis-Revascularization

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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