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Nowadays, Stent-assisted coiling can be highly performed procedure for the ruptured aneurysm. However, the stent-assisted coiling diminishes the risk of stent-associated thromboembolic complications, antiplatelet therapy. Many healthcare practitioners considered stent-assisted technique as renderings technique for exposing of elevated risk of bleeding related complication if any complex surgery is consequently required. According to brain aneurysm foundation, 6 million people in the U.S. have the unruptured brain aneurysm or about 30,000 people suffer from brain aneurysm rupture.
Stent-Assisted Coiling Market: Drivers and Restraints-
Increasing prevalence of an aneurysm and intracranial disorder the major factors which expected to drive stent-assisted coiling market. Technology advancement, improvement in healthcare facilities, adoption of new surgical options are expected to boost the global stent-assisted coiling market. Adoption stent-assisted coiling over coiling, raising awareness, improvement in reimbursement scenario is driving the stent-assisted coiling market. The stent-assisted coiling market is expected to show significant growth rate in forecast period due to increasing government initiatives and adoption of minimally invasive surgical procedures. However, factor such as high cost of surgical procedures, complex surgery, and lack of skilled or experienced professionals for performing surgery is restraining the growth of the global stent-assisted coiling market.
Stent-Assisted Coiling Market: Segmentation
On the basis of product type, stent-assisted coiling market can be segmented as:
- Self-Expandable Stents
- Liquid Embolic Devices
- Flow-diversion devices
- Embolic Coils
On the basis of the end user, the cardiac mapping system market can be segmented as:
- Ambulatory Surgical Centers
Stent-Assisted Coiling Market: Overview
An aneurysm is a complex intracranial endovascular disease. A brain aneurysm is the reason of 5,00,000 deaths each year worldwide and half of the sufferer are younger than 50. Stent-assisted coiling is the much less invasive procedure to repair the ruptured aneurysm. Two main self-expandable stents, Neuroform and enterprise stent are usually used for stent-assisted coiling of complex intracranial aneurysms. Stent assisting coiling to ease the endovascular treatment of a wide-neck intracranial aneurysm. Introduction of new surgical procedures techniques, increasing adoption of minimally invasive surgeries, increasing healthcare expenditures are expected to boost the stent-assisted coiling market.
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Stent-Assisted Coiling Market: Region-wise Outlook
In terms of geography, cardiac mapping system market has been divided into eight regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding China & Japan (APECJ), China, Japan, Middle-East & Africa and Latin America. North America is the most dominating market for stent-assisted coiling market due to increasing healthcare expenditure and increasing adoption of stent-assisted coiling surgery. Western Europe like Germany, France, and the UK is another fastest growing region in the stent-assisted coiling market due to growing healthcare practices and development of healthcare facilities. APECJ region includes two fastest developing countries India and China, which provide the most promising market for stent-assisted coiling market players. Due to factors like increasing awareness, rapid improvement in healthcare services, large population pool and increased prevalence of intracranial diseases.
Stent-Assisted Coiling Market: Key Market Participants
Example of some key market participants in global stent-assisted coiling market identify across the value chain are DePuy Synthes, Medtronic Plc, MicroPort Scientific Corporation, Stryker Corporation, OBEX Medical Limited. Some of the other companies having the significant presence in the global stent-assisted coiling market are Abbott Laboratories, ADMEDES GmbH, Balt Extrusion, Cardiatis and Penumbra, Inc. Global market players are introducing new products with better efficiency to create good market opportunities for the stent-assisted coiling market. Rising number of mergers and acquisitions, increasing number of collaborations and partnerships are key trends that are observed in the global stent-assisted coiling market.
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