Asia Pacific embolic protection devices market had recorded an appreciable valuation of nearly USD 180 million in 2018 and is projected to observe an exponential growth over the years to come. The growth can be attributed to elevating demand for embolic protection devices on account of rising incidence of cardiovascular and neurovascular diseases in this region. Moreover, several government initiatives to encourage the adoption of minimally invasive procedures in the countries such as China and India will propel the business growth further.
Ongoing technological advancements in healthcare sector along with shifting consumer inclination towards more efficient therapeutic procedures for instance, procedures with minimum invasion, are likely to transform the outlook of global embolic protection devices market over ensuing years.
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An inherent vertical of the healthcare space, the competitive landscape of embolic protection devices market is defined by geographical expansions and M&As. Recently for instance, InspireMD, Inc., one of the global producers of embolic protection devices, signed an agreement with various regional distributors for extending its presence across myriad geographies.
Apart from product differentiation, considering the future scope of highly advanced EPDs, companies in embolic protection devices market have also been involved in the clinical trials of medical devices. The major concerns for these firms presently is safety and feasibility associated with the products. Recently, Contego Medical, LLC, a leading producer of medical devices for peripheral vascular and cardiovascular treatments, commenced a clinical trial for one of its drugs.
The trial was conducted to evaluate the safety of the Neuroguard IEP® 3-in-1 Carotid Stent & Post-Dilation Balloon System with an Integrated Embolic Protection. With this development, Contego Medical has indeed added value to its neurovascular product portfolio and its research spectrum, encouraging other embolic protection devices industry biggies to do the same.
Polyurethane segment is anticipated to observe a lucrative growth of 10.5% through 2025 considering the extensive polyurethane mesh application in embolic protection devices as it enables easy passage of larger particles up to 15 mm long, through it. Furthermore, polyurethane provides bigger proximal opening and allows capturing of maximum embolic particles. Such advantages associated with polyurethane will influence its adoption further in the subsequent years.
Ambulatory surgical centers are estimated to register substantial gains over the upcoming years owing to rising patient inclination towards these healthcare facilities for their treatment and surgical procedures. This is majorly due to the benefits offered by ambulatory surgical centers such as lesser duration of stay, lower cost and favorable reimbursement scenario. For the records, the segment had recorded a substantial revenue share of 31.5% in 2018.
Speaking of technological advancements, several prominent market players operating in embolic protection devices industry such as Boston Scientific, Innovative Cardiovascular Solutions, Abbott Laboratories, Medtronic, Edwards Lifesciences, etc. are inclined on developing and testing their innovative solutions.
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Partial Chapter of the Table of Content
Chapter 4. Embolic Protection Devices Market, By Product
4.1. Key segment trends
4.2. Distal occlusion systems
4.2.1. Market size, by region, 2014 – 2025 (USD Million)
4.3. Proximal occlusion systems
4.3.1. Market size, by region, 2014-2025 (USD Million)
4.4. Distal filters
4.4.1. Market size, by region, 2014-2025 (USD Million)
Chapter 5. Embolic Protection Devices Market, By Application
5.1. Key segment trends
5.2. Cardiovascular disease
5.2.1. Market size, by region, 2014-2025 (USD Million)
5.3. Neurovascular disease
5.3.1. Market size, by region, 2014-2025 (USD Million)
5.4. Peripheral disease
5.4.1. Market size, by region, 2014-2025 (USD Million)
Chapter 6. Embolic Protection Devices Market, By Material
6.1. Key segment trends
6.2.1. Market size, by region, 2014-2025 (USD Million)
6.3.1. Market size, by region, 2014-2025 (USD Million)
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