Embolization Coils Global Market Report 2024

Description

Embolization coils are small metallic devices used in medical procedures known as embolization, aimed at obstructing or reducing blood flow to specific areas of the body. They are crucial in treating conditions such as brain aneurysms, arteriovenous malformations (AVMs), and arteriovenous fistulas by occluding blood vessels and preventing potential rupture or bleeding.

The main types of embolization coils include detachable coils and pushable coils. Detachable embolization coils are utilized in interventional radiology for treating aneurysms and other vascular abnormalities. They are typically composed of materials such as platinum, platinum with hydrogel, or platinum tungsten alloy. These coils find applications in neurology, urology, peripheral vascular disease, oncology, cardiology, and other medical fields. They are used by various end-users including hospitals, ambulatory centers, cardiovascular centers, and others.

The embolization coils market research report is one of a series of new reports from The Business Research Company that provides embolization coils market statistics, including embolization coils industry global market size, regional shares, competitors with a embolization coils market share, detailed embolization coils market segments, market trends and opportunities, and any further data you may need to thrive in the embolization coils industry. This embolization coils market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The embolization coils market size has grown steadily in recent years. It will grow from $1.37 billion in 2023 to $1.44 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to several factors, increasing prevalence of neurovascular disorders, a rising geriatric population, growing demand for minimally invasive procedures, improvements in healthcare infrastructure, and increasing healthcare expenditure.

The embolization coils market size is expected to see steady growth in the next few years. It will grow to $1.73 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth expected during the forecast period is due to several factors, the increasing use of these technologies in emerging markets, the advancement of new embolization methods, heightened awareness of neurovascular conditions, the growing incidence of chronic diseases, and greater investments in research and development. Key trends anticipated in the forecast period include personalized treatment methods, the integration of artificial intelligence into treatment planning, the introduction of advanced embolic materials, a move towards outpatient and ambulatory procedures, and a focus on patient-centered care.

The increasing prevalence of chronic illnesses is anticipated to drive the growth of the embolization coils market in the future. This rise in chronic illnesses is primarily attributed to aging populations and lifestyle factors such as poor diet, lack of physical activity, and increased stress. Furthermore, advancements in diagnostics and longer life expectancies contribute to the higher number of reported cases. Embolization coils are used in treating chronic illnesses such as coronary artery aneurysms and fistulas by occluding these abnormal connections, thus preventing complications such as rupture. For example, a report published in August 2022 by the American College of Cardiology, a US-based non-profit medical association, projected that in the United States, all four major cardiovascular risk factors will increase from 2025 to 2060. Diabetes is expected to see the largest percentage rise, with a 39.3% increase to 55 million individuals, followed by dyslipidemia (27.6% to 126 million), hypertension (25.1% to 162 million), and obesity (18.3% to 126 million). Therefore, the increase in the prevalence of chronic illnesses is expected to drive the growth of the embolization coils market.

Leading companies in the embolization coils market are developing innovative products, such as fibered detachable coils, to offer advanced features to their customers. A fibered detachable coil is a type of embolization coil used in minimally invasive procedures to obstruct or reduce blood flow in blood vessels. For instance, in April 2022, Boston Scientific Corporation, a US-based manufacturer of medical devices, announced the U.S. Food and Drug Administration (FDA) approval for the EMBOLD fibered detachable coil. It is designed to block or decrease blood flow in the peripheral blood vessels and is intended for use in a variety of embolization procedures, which are minimally invasive treatments meant to block one or more blood vessels to obstruct or reduce blood flow. This technique is used to stop hemorrhaging, prevent aneurysm ruptures, reduce the size of certain tumors, and treat various venous abnormalities.

In November 2023, The Cooper Companies Inc., a US-based medical device company, acquired select Cook Medical assets for $300 million. This acquisition strengthens CooperSurgical's medical device portfolio and enhances its market position. Cook Medical is a US-based manufacturer of embolization coils.

Major companies operating in the embolization coils market are Johnson & Johnson Services Inc., Abbott Laboratories Inc., Medtronic Plc, Heraeus Holding, Stryker Corporation, Boston Scientific Corporation, Terumo Corporation, Kaneka Corporation, Cook Medical LLC, Integer Holdings Corporation, MicroPort Scientific Corporation, Penumbra Inc., Guerbet LLC, Asahi Intecc Co. Ltd., MicroVention Inc., Balt USA LLC, InNeuroCo Inc., Wallaby Medical Inc., Rapid Medical Ltd., Spartan Micro Inc., QXMedical LLC, EmbolX Inc., Shape Memory Medical Inc., Blockade Medical LLC, Achieva Medical Co.

North America was the largest region in the embolization coils market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the embolization coils market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the embolization coils market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The embolization coils market consists of sales of bare metal coils, fibered coils, micro coils, and liquid embolics. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Embolization Coils Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on embolization coils market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
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Where is the largest and fastest growing market for embolization coils ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The embolization coils market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Detachable Coil; Pushable Coil
2) By Material: Platinum; Platinum And Hydrogel; Platinum Tungsten Alloy
3) By Application: Neurology; Urology; Peripheral Vascular Disease; Oncology; Cardiology; Other Applications
4) By End-User: Hospitals; Ambulatory Center; Cardio Center; Other End-Users
Companies Mentioned: Johnson & Johnson Services Inc.; Abbott Laboratories Inc.; Medtronic Plc; Heraeus Holding; Stryker Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r19113

1. Executive Summary

2. Embolization Coils Market Characteristics

3. Embolization Coils Market Trends And Strategies

4. Embolization Coils Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Embolization Coils Market Size and Growth

5.1. Global Embolization Coils Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Embolization Coils Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Embolization Coils Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Embolization Coils Market Segmentation

6.1. Global Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Detachable Coil
Pushable Coil
6.2. Global Embolization Coils Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Platinum
Platinum And Hydrogel
Platinum Tungsten Alloy
6.3. Global Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Neurology
Urology
Peripheral Vascular Disease
Oncology
Cardiology
Other Applications
6.4. Global Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hospitals
Ambulatory Center
Cardio Center
Other End-Users

7. Embolization Coils Market Regional And Country Analysis

7.1. Global Embolization Coils Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Embolization Coils Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Embolization Coils Market

8.1. Asia-Pacific Embolization Coils Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Embolization Coils Market

9.1. China Embolization Coils Market Overview
9.2. China Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Embolization Coils Market

10.1. India Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Embolization Coils Market

11.1. Japan Embolization Coils Market Overview
11.2. Japan Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Embolization Coils Market

12.1. Australia Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Embolization Coils Market

13.1. Indonesia Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Embolization Coils Market

14.1. South Korea Embolization Coils Market Overview
14.2. South Korea Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Embolization Coils Market

15.1. Western Europe Embolization Coils Market Overview
15.2. Western Europe Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Embolization Coils Market

16.1. UK Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Embolization Coils Market

17.1. Germany Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Embolization Coils Market

18.1. France Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Embolization Coils Market

19.1. Italy Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Embolization Coils Market

20.1. Spain Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Embolization Coils Market

21.1. Eastern Europe Embolization Coils Market Overview
21.2. Eastern Europe Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Embolization Coils Market

22.1. Russia Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Embolization Coils Market

23.1. North America Embolization Coils Market Overview
23.2. North America Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Embolization Coils Market

24.1. USA Embolization Coils Market Overview
24.2. USA Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Embolization Coils Market

25.1. Canada Embolization Coils Market Overview
25.2. Canada Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Embolization Coils Market

26.1. South America Embolization Coils Market Overview
26.2. South America Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Embolization Coils Market

27.1. Brazil Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Embolization Coils Market

28.1. Middle East Embolization Coils Market Overview
28.2. Middle East Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Embolization Coils Market

29.1. Africa Embolization Coils Market Overview
29.2. Africa Embolization Coils Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Embolization Coils Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Embolization Coils Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Embolization Coils Market Competitive Landscape And Company Profiles

30.1. Embolization Coils Market Competitive Landscape
30.2. Embolization Coils Market Company Profiles
- 30.2.1. Johnson & Johnson Services Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Abbott Laboratories Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Medtronic Plc
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Heraeus Holding
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Stryker Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Embolization Coils Market Other Major And Innovative Companies

31.1. Boston Scientific Corporation
31.2. Terumo Corporation
31.3. Kaneka Corporation
31.4. Cook Medical LLC
31.5. Integer Holdings Corporation
31.6. MicroPort Scientific Corporation
31.7. Penumbra Inc.
31.8. Guerbet LLC
31.9. Asahi Intecc Co. Ltd.
31.10. MicroVention Inc.
31.11. Balt USA LLC
31.12. InNeuroCo Inc.
31.13. Wallaby Medical Inc.
31.14. Rapid Medical Ltd.
31.15. Spartan Micro Inc.

32. Global Embolization Coils Market Competitive Benchmarking

33. Global Embolization Coils Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Embolization Coils Market

35. Embolization Coils Market Future Outlook and Potential Analysis

35.1 Embolization Coils Market In 2028 - Countries Offering Most New Opportunities
35.2 Embolization Coils Market In 2028 - Segments Offering Most New Opportunities
35.3 Embolization Coils Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer