Global Embolic Protection Devices Market, By Product (Distal Filter Devices, Distal Occlusion Devices, Proximal Occlusion Devices), Material (Nitinol, Polyurethane), Usage (Disposable Devices, Re-Usable Devices), Application (Cardiovascular Diseases, Neurovascular Diseases and Peripheral Vascular Diseases), Indication (Percutaneous Coronary, Carotid Artery, Saphenous Vein Graft Diseases, Transcather Aortic Valve Replacement, Others), End Users (Hospital, Ambulatory Surgical Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Embolic Protection Devices Market
Data Bridge Market Research analyses that the embolic protection devices market to be grow at a CAGR of 8.65% in the forecast period of 2022-2029 and is likely to reach the USD 964.58 million by 2029.
During stenting, embolic protection devices (EPDs) capture blood and luminal debris within the SVG, reducing distant embolization. It provides the most reliable evidence-based method for preventing periprocedural MI and major adverse cardiovascular events (MACE) during SVG procedures. This device is meant to catch and remove any material that may become dislodged during procedures. Embolic protection devices (EPDs) have the potential to reduce unfavourable clinical outcomes by preventing or reducing plaque particles from entering the distal bed. They are commonly utilized in carotid artery stenting and saphenous vein graft (SVG) operations.
The rise in the demand minimally invasive procedures will act as major driver accelerating the embolic protection devices market’s growth rate. The number of difficulties caused by debris being discharged into the bloodstream and causing blockages in smaller vessels has decreased because to the introduction of embolic protection devices (EPD) during percutaneous cardiac procedures. This will increase the demand for embolic protection devices and further propel the market’s growth rate. Another significant factor resulting in the expansion of market is the upsurge in the number of geriatric population. Furthermore, surging healthcare expenditure and technological advancement are the major drivers that will enhance the growth of market. Likewise, rise in the number of cardiovascular and neurovascular disorders will show positive impact on the market’s growth rate. Rapid urbanisation, changing lifestyle and rise in the level of disposable incomes in developing and developed countries will influence the growth rate of embolic protection devices market. The rise in the prevalence of chronic diseases will flourish the growth rate of embolic protection devices market.
Moreover, the rise in the number of research and development activities associated with embolic protection devices and advancement in medical technology will provide beneficial opportunities for the embolic protection devices market growth. Additionally, increasing demand from emerging markets and rising approval for embolic protection devices will further expand the embolic protection devices market’s growth rate in the future.
On the other hand, high R&D investment and increased rate of product failure and product recalls will obstruct the market growth. Also, strict regulatory scenario and unfavourable government policies will challenge the embolic protection devices market. However, lack of healthcare professionals and the less awareness will act as restrain and further impede the growth rate of market.
This embolic protection devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on embolic protection devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Embolic Protection Devices Market Scope and Market Size
The embolic protection devices market is segmented on the basis of product, material, usage, application, indication and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the biomedical textile is segmented into distal filter devices, distal occlusion devices, and proximal occlusion devices.
- On the basis of material, the biomedical textile is segmented into nitinol, and polyurethane.
- Based on usage, the biomedical textile is segmented into disposable devices, and re-usable devices.
- On the basis of application, the embolic protection devices market is segmented into peripheral vascular diseases, neurovascular diseases and cardiovascular diseases.
- Based on indication, the market is segmented into percutaneous coronary, carotid artery, saphenous vein graft diseases, transcather aortic valve replacement and others.
- The end users in embolic protection devices market is segmented into hospitals, ambulatory surgical centers and others
Embolic Protection Devices Market Country Level Analysis
The embolic protection devices market is segmented on the basis of product, material, usage, application, indication and end users.
The countries covered in the embolic protection devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the embolic protection devices market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the high adoption rate of newly developed products amongst end-users and growing demand for technologically advanced products in this region. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period due to the growing prevalence rate of cardiovascular disorders, developing healthcare infrastructure and increasing reimbursement coverage in this region.
The country section of the embolic protection devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The embolic protection devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for embolic protection devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the embolic protection devices market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Global Embolic Protection Devices Market Share Analysis
The embolic protection devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to embolic protection devices market.
Some of the major players operating in the embolic protection devices market are Siemens Healthcare GmbH, Hologic, Inc., Sinduri Biotec., SEKISUI MEDICAL CO., LTD., NIPRO, Danaher, F. Hoffman-La Roche Ltd, Abbott, Thermo Fischer Scientific Inc., Abaxis, Bio-Rad Laboratories Inc., BD, Enzo Biochem Inc., Trivitron Healthcare, Shenzhen New Industries Biomedical Engineering Co., Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Medtronic, Boston Scientific Corporation, Allium Medical Solutions, and Cardinal Health, among others.
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