Embolic Protection Devices Market Expansion: Focus on Innovations for Stroke Prevention
The global embolic protection devices market size is
expected to reach USD 1.09 billion by 2030, according to a new report by Grand
View Research, Inc. The market is estimated to expand at a CAGR of 8.7% from
2024 to 2030. Rising incidences of cardiovascular and neurovascular diseases
and growing adoption of minimally invasive diseases are propelling the market
growth. Rising demand for technologically advanced embolic devices and
increasing healthcare expenditure, resulting in huge funding and investments
from multinational companies, are fueling the R&D in the global medical
devices industry. This factor is also contributing toward the market growth.
On the other hand, the product failures and recalls may
limit the market growth. Low reimbursement for stenting and presence of
alternative treatment methods, such as the use of drugs, may also imped the
market development. However, factors such as a rise in the number of
Trans-catheter Aortic Valve Replacement (TAVR) procedures will support the
market expansion.
Access the Embolic Protection Devices Market Size, Share & Trends Analysis Report
By Product (Distal Occlusion Devices, Proximal Occlusion Devices, Distal
Filters), By Application, By Region, And Segment Forecasts, 2024 - 2030
Embolic Protection
Devices Market Report Highlights
·
Distal filter devices segment emerged as the
largest segment owing to high demand for these devices
·
Neurovascular diseases accounted for the largest
share in the application segment owing to the rising cases of neurological
disorders
·
North America led the global embolic protection
devices market with the largest share in 2023 and is likely to maintain this
trend over the estimated period
·
Growing adoption of minimally invasive surgeries
and increasing demand for novel technologies are facilitating the dominance of
this region
·
The industry in the Asia Pacific is projected to
witness swift growth during the forecast period owing to rapidly improving
healthcare infrastructure and large target population base
Key Embolic
Protection Devices Company Insights
Some of the key companies in the embolic protection
devices market include Boston Scientific Corporation, Edwards Lifesciences
Corporation, Abbott, Medtronic and others. Vendors in the market are focusing
on increasing their customer base to gain a competitive edge in the industry.
Edwards Lifesciences Corporation specializes in
manufacturing and development of devices for structural heart diseases and
critical care monitoring.
Order your free sample copy of “Embolic Protection Devices Market
Report 2024 - 2030, published by Grand View Research
Key Embolic
Protection Devices Companies:
The following are the leading companies in the embolic
protection devices market. These companies collectively hold the largest market
share and dictate industry trends.
·
Boston Scientific Corporation
·
Edwards Lifesciences Corporation.
·
Abbott.
·
Medtronic
·
Cardinal Health.
·
Innovative Cardiovascular Solutions, LLC
·
Transverse Medical, Inc.
·
W. L. Gore & Associates, Inc.
Recent
Developments
·
In April 2024, Emboline, Inc., announced the
acquisition of SWAT Medical’s Intellectual Property Portfolio of embolic
protection. This acquisition is expected to expand Emboline’s existing
portfolio of platform technologies to reduce the risk of stroke caused due to
the release of embolic debris in the bloodstream during procedures such as
Transcatheter Aortic Valve Replacement (TAVR).
About Grand View Research:
Grand View Research, Inc. is a market research and
consulting company that provides off-the-shelf, customized research reports and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies, ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials, and energy. With
a deep-seated understanding of varied business environments, Grand View
Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone:-1-415-349-0058
Email: sales@grandviewresearch.com
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